First of all Happy CNY to all the readers! May this Golden Monkey jumpstart your year with loads of Joy, Happiness and Prosperity!
Is 2016 or the Monkey year doing great so far? Not quite!
World in turmoil
2016 started on a bad note. Global stock markets plunged due to oil price rout and China’s economic slowdown. ISIS problem proliferated with Jakarta bombing last month. North Korea recent rocket launch put further strain to US-China relations. Taiwan’s opposition presidential victory also does not seem to do any good to improve the cross strait relations. In Hong Kong, a riot broke out during Lunar new year between civilians and police, which many believed it is more than just a fight over unlicensed fishball stalls, but an activist’s fight of autonomy from Beijing's control. Then there is Taiwan’s building collapse due to earthquake, and just yesterday, two passenger trains collided in Germany......