Nimble way8/16/2023 ![]() After all, a male elephant is also known as a bull. Curiously, according to some other stories, it wasn’t a bull that got into the china or porcelain shop, but an elephant. ![]() French, German and a few other European languages have a similar idiom. It has of course evolved to describe the scenario where a big animal knocking down the delicate crockery (also known as china) from the shelves in a shop, leaving a mess. Presumably, some bulls managed to escape and got inside a crockery shop. However, many had theorized that the idiom may have originated in the 17th century in London when somebody brought cattle to the market. The Chinese authorities are gaining confidence that they can unleash a bull in the “China shop” without breaking the porcelain.Īpparently, the idiom “bull in a china shop” was already in use in the 1800s as a title of a song in a pamphlet printed by M. They will likely include at least a dozen measures designed to support real estate and domestic demand. ![]() Multiple government agencies are drafting these measures and it was reported that the State Council will discuss these policies very soon. However, there are increasing signs that more stimulus measures are getting underway. Such circumstances have led policymakers to tread carefully. Consumer confidence has been patchy, while the services sector recovery has been more encouraging. Many will disagree with me as recent macro data has revealed a post-COVID reopening recovery that has been bumpier than expected. In my previous article on “ China’s consumption triangle - a possible trinity,” I mentioned that China’s domestic consumption is the biggest upside opportunity in the next six to 12 months. However, Franklin Templeton Institute Investment Strategist Christy Tan believes that policy support and an improving global outlook could benefit Chinese equity and fixed income markets in the second half of the year. The city will remain at the forefront of innovation when San Francisco Municipal Transportation Agency Director of Transportation Ed Reiskin becomes president of NACTO in 2014 and hosts the group’s next conference in June.Ĭities can adopt the Urban Street Design Guid e and use it as their primary resource or as a complement to guidance from the American Association of State Highway and Transportation Officials or a local manual.By Christy Tan, Investment Strategist, Franklin Templeton Institute, Franklin TempletonĬoncerns about China’s post-COVID recovery have recently been intensified. Parklets were first imagined here, and on Sixth Street the city recently painted six sidewalk extensions to pilot ways to increase pedestrian safety. San Francisco, one of the initial members of NACTO, is one of the exemplary cities working to remake its streets. It provides examples throughout the country, as well as the tools to implement these tactics to create public spaces that people will not just use but cherish.Īt the launch of the new guide, NACTO President Janette Sadik-Khan (the transportation commissioner responsible for New York’s “complete streets” makeover) said the Urban Street Design Guide is “a permission slip for people to innovate” and a “new DNA for city streets.” Cities can be nimble instead of undergoing a lengthy process to update street design, change can be tested first by using low-cost solutions, such as paint and pavers. Divided into six chapters, it focuses on types of streets (two-way, one-way, downtown, neighborhood, etc.) street design elements including lane widths, sidewalks and curb extensions interim design strategies such as parklets and temporary street closures types of intersections intersection design elements such as crosswalks, pedestrian islands and traffic lights and design controls, the criteria used to measure a street’s success. ![]() ![]() The guide is a blueprint for designing 21st-century streets where people can walk, bike, drive, park, take transit and socialize. The group behind the guide, the National Association of City Transportation Officials (NACTO), formed in 1996 to provide an urban perspective on street design, helping create both safer urban streets and streets that support vibrant neighborhoods. And unfortunately, many of the principles that make for safe highways make for dangerous, dysfunctional urban streets.Ī new manual released this fall, the Urban Street Design Guide, could change all this. Streets are different than highways, yet the United States delegates authority for all roadway design to a private nonprofit made up largely of highway engineers. ![]()
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