The 25-year-old author Guo Jingming has written seven books, each of which has sold more than a million copies.
The 25-year-old author Guo Jingming has written seven books, each of which has sold more than a million copies.

A new leaf for China



While Chinese authors of the 1950s, 1960s and 1970s were earning meagre salaries and buying sugar and oil with ration tickets, Chinese authors today are raking in royalties by selling millions of books to an audience of teenagers and twentysomethings. The disparity is illustrated by a list that ranks authors by their royalties. Wu Huaiyao, a Chinese literary scene observer, has issued it for the past three years. This year, the 25-year-old literary superstar Guo Jingming topped the list.

Guo started writing in high school, supposedly to relax during study breaks. His first novel, City of Fantasy, a coming of age story that melds fantasy and traditional Chinese martial arts fiction, sold more than a million copies, as did his following six books. Wu's list estimates Guo's 2008 income at Dh7million, which is approximately 600 times the average annual income in China. Although the top 25 authors' combined incomes dropped from last year, that of the top 10 authors increased.

According to An Boshun, the chief editor of the Beijing branch of Changjiang Press, which publishes Guo's books, his stories are popular because they deal with things that people understand. "They're like Hollywood movies. They have very simple, pure and idealistic values." The authors ranking second, third and fourth on the list all write books geared towards children or young adults. Han Han, a high-school dropout who published his first book, The Third Way, in 2000, when he was 17, started the trend of bestselling young adult fiction. A critique of the education system couched as an adolescent love story, the book sold more than a million copies and established Han as an iconoclastic voice of his generation.

Han, a successful race car driver, is also known for driving down Beijing's Avenue of Eternal Peace late at night, cruising past Tiananmen Square at speeds of over 160 kilometres per hour. He ranked No 18 on this year's list, partially because of his blog, Two Cold, which has received more than 220 million hits. Guo is the businessman to Han's rebel. He runs and edits a literary magazine called Top Novel, which has a distribution of 600,000, and is at work on a new magazine, called Top Comics. He is not coy about encouraging readers to buy his books. Inside a special edition of Top Novel, Guo wrote, "Does your wallet feel deflated? However, 18.8 RMB (Dh10) is only a one off price. The next ones will be cheaper."

In one blog entry, Guo exhorted his fans to rush to the bookstore and buy his latest book. "No need to show politeness to the people next to you, hop over their corpses, hack a trail of blood! In the face of 29.8 RMB (Dh16) everyone is equal!" Such provocations, as well as Guo's doll-faced expression, which adorns most of his publications, have helped drive sales. "Books are still a commercial product. They have a price, and if there is a need in the market someone will provide it," he says.

Wu spent three months surveying more than 100 publishers from around the country to gauge author incomes. TV and film adaptation royalties are not included. Wu also called on 10 literary critics to draw up a separate list of 25 influential authors. There's no overlap between the rich list and influential list this year, although the 2006 bestseller list contains seven names from this year's influential list.

In the three months after the Olympics, Wu interviewed more than 100 people working in the publishing industry throughout the country to determine author incomes and identify general trends during a year when the cost of paper skyrocketed. In response to this gulf between literature and popular fiction, An criticised China's literati - novelists like Mo Yan, Su Tong and Yu Hua - for being out of touch with the present.

"They spend their time stuck in a room writing books that exaggerate the violence and greed of the Cultural Revolution, of the past," says An. "In these people's books the only beauty you see is a perverse beauty." He smiles avuncularly. "While Guo Jingming and the younger generation may not have the same grounding in literature, they write about the present and their writing reflects reality." Stella Chou, the managing director of Harper Collins China Business Development, concurs. "Han Han and Guo Jingming are popular because they speak the language of the youth. They are creating stories that speak to their culture, to their everyday life. If you look at it from a literary point of view, are they any good? No, they're not."

Hou Qingbo, the vice editor-in-chief of the magazine Contemporary Literature, which is put out by People's Literature Publishing House, compares the change between the output of the younger generation and the older generation to a dynastic shift. "In the Tang Dynasty people wrote poems, and in the Song Dynasty that followed, they wrote prose," Hou says. "The authors A Lai, Chen Zhongshi and magazines like us hold tight to the Tang Poems, but we're living in the past. Guo Jingming and Han Han are the future."

In the 1980s publishing climate, literature was king and people were hungry for the classics, says Mai Jia, the author of the novel Intrigue and winner of the prestigious Mao Dun Prize. He ranks No 17 on this year's list, with an annual income of 1.8 million RMB (Dh966,000). "The 1980s, especially the first few years, were a spiritual awakening," he says. "Literature used to be a focal point." "In the 1980s, works of French philosophy sold hundreds of thousands of copies. Can you imagine that today?" says Peng Lun, a senior editor at Shanghai 99, a distribution firm that publishes translations of authors like Philip Roth, John Updike, Agatha Christie and Dan Brown. "In 1981, the respected professor Ray Huang wrote a bestselling history of Emperor Wanli, 1587: A Year of No Significance. Today, popular history books are written by storytellers."

After Mao Zedong died in 1976, government controls over publishing loosened. Publishers' output grew more diverse and, as they starting earning money, they could afford to pay more to authors who earned them more profit. "In the early 1980s there was little difference between the salaries of authors and labourers. No one had any money," says Wang Ruiqing, a senior editor at People's Literature Publishing House who oversaw the introduction of the Harry Potter series to China. "Back then, the government invested in publishing and it didn't matter if the books succeeded."

"Before the early 1980s, we only cared about publishing books and didn't worry about distribution," says He Qizhi, a former vice editor-in chief of People's Literature Publishing House. As income levels have rapidly increased over the past 20 years, Chinese people spend more on books, and publishers sell a wider variety of titles to appeal to a growing market. "Readers are spoilt for choice now," says Wang.

Commercialisation and liberalisation have gone hand in hand. "Writers have a greater freedom now than anytime in the past 50 or 60 years," says Zhang Wei, the author of the highly regarded novel The Ancient Ship, which Harper Collins published in English this year. Zhang advocates a cautious approach towards modernisation. "Money has a crude strength, and the tide of commercialisation can drown out literature."

Still, it's a positive trend. "During the Mao era, the voice of the party drowned out the voice in our heads," Zhang says. A result of the market shift of the past 30 years has been an increase in "half-public, half-private companies", says Jo Lusby, the general manager of Penguin China. These entities focus more on marketing and distribution than the more cumbersome state run bureaucracies. "They are driving the market," Lusby says. Guo's publisher, Changjiang Press, which also published the 2004 runaway bestseller Wolf Totem, is one of these companies.

"We have a larger share of the market than People's Literature Publishing House," says An, Changjiang Beijing's chief editor. "They have more than 200 staff, while we have about 30." He believes that progress is unavoidable. "Today, young writers will still shout the slogans at school but they do not believe. We're all very clear on where the country is heading: on a path to be more market orientated, more capitalist, and more democratic. The only people who don't get this are a few intellectuals, like Zhang Wei, and some annoying foreigners who don't understand that we're already quite capitalist."

Wang Gang, whose novel English will be published in America by Penguin this year, says, "I don't write to make money. I own eight apartments in Beijing. Whenever I need some money, I sell one of them and live off that for a few years. "You have these other authors, like Wang Anyi, who work for the Writers' Association (a state-owned body that employs writers). The Communist Party pays for their housing, their food, their livelihood. Do you really think they can tell the truth?

Wang pauses for a moment. "My apartments, my car, my clothes, I earned myself. Each word we write is our own," he says of people like himself, Wang Gang and Guo Jingming. "Writing is not a good way to make money," Mai says. "Guo Jingming makes 13 million RMB a year, but I have a few friends who make a few hundred million RMB a year. In the past 30 years, the easiest thing to do is to make money."

Still, with an approximately nine per cent growth rate over the past 20 years, and a similar rate projected for the future, publishing is a strong industry. "I'm glad there is a rich list," says Lusby. "It means that authors are actually earning money. I love that China's highest paid author gets driven around Shanghai in a Bentley. I'm not a snob but I think that means it's a healthy publishing environment."

Dates for the diary

To mark Bodytree’s 10th anniversary, the coming season will be filled with celebratory activities:

  • September 21 Anyone interested in becoming a certified yoga instructor can sign up for a 250-hour course in Yoga Teacher Training with Jacquelene Sadek. It begins on September 21 and will take place over the course of six weekends.
  • October 18 to 21 International yoga instructor, Yogi Nora, will be visiting Bodytree and offering classes.
  • October 26 to November 4 International pilates instructor Courtney Miller will be on hand at the studio, offering classes.
  • November 9 Bodytree is hosting a party to celebrate turning 10, and everyone is invited. Expect a day full of free classes on the grounds of the studio.
  • December 11 Yogeswari, an advanced certified Jivamukti teacher, will be visiting the studio.
  • February 2, 2018 Bodytree will host its 4th annual yoga market.
Fixtures
%3Cp%3E%3Cstrong%3EWednesday%2C%20April%203%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3EArsenal%20v%20Luton%20Town%2C%2010.30pm%20(UAE)%3C%2Fp%3E%0A%3Cp%3EManchester%20City%20v%20Aston%20Villa%2C%2011.15pm%20(UAE)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EThursday%2C%20April%204%3C%2Fstrong%3E%3C%2Fp%3E%0A%3Cp%3ELiverpool%20v%20Sheffield%20United%2C%2010.30pm%20(UAE)%3C%2Fp%3E%0A
Key facilities
  • Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
  • Premier League-standard football pitch
  • 400m Olympic running track
  • NBA-spec basketball court with auditorium
  • 600-seat auditorium
  • Spaces for historical and cultural exploration
  • An elevated football field that doubles as a helipad
  • Specialist robotics and science laboratories
  • AR and VR-enabled learning centres
  • Disruption Lab and Research Centre for developing entrepreneurial skills
The rules on fostering in the UAE

A foster couple or family must:

  • be Muslim, Emirati and be residing in the UAE
  • not be younger than 25 years old
  • not have been convicted of offences or crimes involving moral turpitude
  • be free of infectious diseases or psychological and mental disorders
  • have the ability to support its members and the foster child financially
  • undertake to treat and raise the child in a proper manner and take care of his or her health and well-being
  • A single, divorced or widowed Muslim Emirati female, residing in the UAE may apply to foster a child if she is at least 30 years old and able to support the child financially
NBA FINALS SO FAR

(Toronto lead 3-2 in best-of-seven series)

Game 1 Raptors 118 Warriors 109

Game 2 Raptors 104 Warriors 109

Game 3 Warriors 109 Raptors 123

Game 4 Warriors 92 Raptors 105

Game 5 Raptors 105 Warriors 106

Game 6 Thursday, at Oakland

Game 7 Sunday, at Toronto (if needed)

In-demand jobs and monthly salaries
  • Technology expert in robotics and automation: Dh20,000 to Dh40,000 
  • Energy engineer: Dh25,000 to Dh30,000 
  • Production engineer: Dh30,000 to Dh40,000 
  • Data-driven supply chain management professional: Dh30,000 to Dh50,000 
  • HR leader: Dh40,000 to Dh60,000 
  • Engineering leader: Dh30,000 to Dh55,000 
  • Project manager: Dh55,000 to Dh65,000 
  • Senior reservoir engineer: Dh40,000 to Dh55,000 
  • Senior drilling engineer: Dh38,000 to Dh46,000 
  • Senior process engineer: Dh28,000 to Dh38,000 
  • Senior maintenance engineer: Dh22,000 to Dh34,000 
  • Field engineer: Dh6,500 to Dh7,500
  • Field supervisor: Dh9,000 to Dh12,000
  • Field operator: Dh5,000 to Dh7,000
The biog

Name: Timothy Husband

Nationality: New Zealand

Education: Degree in zoology at The University of Sydney

Favourite book: Lemurs of Madagascar by Russell A Mittermeier

Favourite music: Billy Joel

Weekends and holidays: Talking about animals or visiting his farm in Australia

At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

Growth forecasts: Cut for 2025 from 2 per cent to 1 per cent. The OBR watchdog also estimated inflation will average 3.2 per cent this year

 

Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

The biog

Favourite Quote: “Real victories are those that protect human life, not those that result from its destruction emerge from its ashes,” by The late king Hussain of Jordan.

Favourite Hobby: Writing and cooking

Favourite Book: The Prophet by Gibran Khalil Gibran

US households add $601bn of debt in 2019

American households borrowed another $601 billion (Dh2.2bn) in 2019, the largest yearly gain since 2007, just before the global financial crisis, according to February data from the New York Federal Reserve Bank.

Fuelled by rising mortgage debt as homebuyers continued to take advantage of low interest rates, the increase last year brought total household debt to a record high, surpassing the previous peak reached in 2008 just before the market crash, according to the report.

Following the 22nd straight quarter of growth, American household debt swelled to $14.15 trillion by the end of 2019, the New York Fed said in its quarterly report.

In the final three months of the year, new home loans jumped to their highest volume since the fourth quarter of 2005, while credit cards and auto loans also added to the increase.

The bad debt load is taking its toll on some households, and the New York Fed warned that more and more credit card borrowers — particularly young people — were falling behind on their payments.

"Younger borrowers, who are disproportionately likely to have credit cards and student loans as their primary form of debt, struggle more than others with on-time repayment," New York Fed researchers said.

Student Of The Year 2

Director: Punit Malhotra

Stars: Tiger Shroff, Tara Sutaria, Ananya Pandey, Aditya Seal 

1.5 stars