PRC Economy and Industry: News and Discussions

[Mahendra]

RIP ^^^

In China as in India there should be urgent attention given to safety of mine workers, these people who do back breaking work dont get the attention/ help they deserve. China can afford to beat their miners into submission whereas in India miners are fooled into participating in Hartals so that their bosses can extort money from mine owners and only some crumbs out of this extorted money trickles down to the miners
It is unfortunate that young and intelligent gents like Liu do not care for their miners and do not critizise the revolution for not ensuring better safety standards, The mass brain washing programmes have ensured that Shiny buildlings are the only overt expression of development to the young and intelligent ( like Liu and BJC) Chinese.
It is this coal which is responsible for keeping the factories running 24/7 what a pity that no body cares for the safety of those who work in them but hey ..long live the revolution

[Liu]

In China as in India there should be urgent attention given to safety of mine workers, these people who do back breaking work dont get the attention/ help they deserve. China can afford to beat their miners into submission whereas in India miners are fooled into participating in Hartals so that their bosses can extort money from mine owners and only some crumbs out of this extorted money trickles down to the miners
It is unfortunate that young and intelligent gents like Liu do not care for their miners and do not critizise the revolution for not ensuring better safety standards, The mass brain washing programmes have ensured that Shiny buildlings are the only overt expression of development to the young and intelligent ( like Liu and BJC) Chinese.
It is this coal which is responsible for keeping the factories running 24/7 what a pity that no body cares for the safety of those who work in them but hey ..long live the revolution

the governor of Shangxi province was fired just because the mine disaster.

[Mahendra]

Ok the Guvnor was sent to firing squad, what about mine safety? what about all the govnors before the PBUHed Guvnor, werent they responsible in any way? wasnt the CCCP responsible for throwing caution to the wind in their aim to extract maximum for the revolution to continue? Isnt this impressive growth at all costs strategy hiding some ugly truths somewhere?

http://www.china-labour.org.hk/en/node/3976

http://www.clb.org.hk/en/node/100311

http://www.minesandcommunities.org/article.php?a=1999

http://news.bbc.co.uk/1/hi/world/asia-p ... 273928.stm

[derkonig]

China drought:
China drought
It gets better, now...
China's drought is manmade




PLA doing what it does best..





China sitting on an HIV timebomb..

Within the first nine months of 2008, a total of 6,897 people in China died from HIV/AIDS-related issues. The high number of deaths from the deadly virus makes it the country’s leading cause of death among infectious diseases for the first time ever, surpassing both tuberculosis and rabies.

China is the most polluted country ever....

A World Health Organization (WHO) report estimates that diseases triggered by indoor and outdoor air pollution kill 656,000 Chinese citizens each year, and polluted drinking water kills another 95,600.

[Victor]

For heavens sake lets get serious. If you like pictures with sarees,dead bodies over ambassador cars and all the childish pieces please set up a private (red)hotline with comrades and leave this place alone. I only hope we can keep this forum as professional as possible and not be hijacked by a bunch of ....

Don't tell me what to do and don't arrogate to yourself the chowkidari of the contents of this thread which is not titled "China bashing thread". Nothing gained by being defensive, stuck-up, arrogant and negative. Unless of course you are insecure in what/who you are.

[Avinash R]

Pork contaminated with slimming drugs in China

[derkonig]

The continuing genocide & illegal occupation of Tibet by PRC.

China expects Tibet to celebrate or else...

At Beijing's Central University for Nationalities, Tibetan students who had applied last year for permission to hold a Losar celebration informed the university recently that they wished to cancel. But the university told them that the party must go on, said a university source who asked not to be quoted by name.

"Celebrating is compulsory," he said.

As the holiday nears, tensions are spilling into the open.

Quoted from the above article in LATimes.

I fail to see how the chinese are any different from the call-me-violent-and-i-kill-you ROP crowd. Is the irony completely lost of the commies? How can a celebration ever be made compulsory, isn't it by definition something deeply personal & voluntary?

[RayC]

No they are heretics breaking the synchronised Great China kodak moment

They are heretics?

Wow!

[RayC]

http://tieba.baidu.com/f?kz=365398711
记得前段时间在这里和朋友争论过印度的物价，当时我的观点印度物价比中国低。

现在，我已经在印度生活相当一段时间了，观点变化了，应该这么说，作为旅游的目的地到印度来的消费不高，比欧洲美洲，日本韩国旅游要便宜得多，但是生活在印度，这里的物价比中国要高！！！

印度的各个阶层平均工资收入明显低于中国，但生活物价高于中国，所以印度生活水平低。

在印度，可乐，雪比，1。25升一瓶的竟然50卢比，9块7毛人民币。

普通的大米4块人民币一市斤。

最明显的是水果，印度热带4季节水果资源丰富是在中国就听说的，自然认为这里瓜果满地老少咸宜，，，，但是很让我失望，印度水果只有那么几类，比中国的选择要少，而且很贵！！。

苹果，10块人民币一市斤。
葡萄，5块头人民币一市斤。
草莓用小盒子买，10块人民币大概10来个小草莓。
这些都不是游客价格，印度人购买时一样价格。
到处都是的香蕉，1块5到2块人民币（我家门口的水果摊也很多时候也这个价格）
木瓜比较便宜，在生产的季节2块头人民币一市斤。
现在到了芒果的季节，目前是3-5元1近，根本品种不同有差异。

Here is one of Bjcutie's trip diaries.
According to this diary, Bjcutie says that price of daily commodities in India in fact is more expensive than it in CHina.
the girl raise some example:
[attention:1 RMB=5+ Rupee when the diaries was written]
" a bottle of "Spirit"s cost 50 Rupess(9.7 RMB) in India,while its costs only 3.5 RMB in CHina.

"ordinary rice" costs 40 rupees( 8 RMB) while it costs only 10-15 rupees(2-3 RMB) in CHina.

the fruit in India is especially much more expensive than CHina.
Apple costs 10RMB(50+ rupees)/KG while the best apple just costs 3.5RBM/KG today----I bought some apples just now.


well, Indian friends, is what the girl says truth?

Alcohol is expensive since the taxes are high. It is to ensure that such liquor is out of the reach of the poor, who should not waste their money on these addiction.

Of course, there are the country liquor shops. But I don't think that those who are used to whisky and things like that would be able to consume that!

Ordinary rice in Kolkata is Rs 14 per kg. It was cheaper before the inflation.

Fruits in Delhi is expensive since it is a question of supply and demand. The Punjabis eat a lot of fruits. In Kolkata, fruits are eaten, but is not in the way it is eaten in Delhi.

If you live in the Sopore belt (apple growing area), the apples that fall on the ground is given free for cattle.

[RayC]

Kind Request

Can the admins please put an end to this BJcutie issue

But those trip diaries are all in chinese..
but one thing can be confirmed...the girl is really very pretty ....
here is some of her photos...but her heads can never been seen.

Our man Liu here cant decide if BJcutie is a he/ she or some kind of a mutant creature with "heads"
It is pretty much evident that BJcutie's fan is here only to innundate this forum with meaningless BJcutie images. Some of the questions he asks are school boyish, he is here only to make uloos out of us. If this is the quality of people Chicom employs to spread propagandoo then their taller than mountain freindship with our western neighbour is showing its effects already.

Can you make out who is a he or she here on this forum.

I started in the BR as Tara, since my daughter had the account and only one name was allowed! And yet I am a he!

You have the option to ignore this BJcutie stuff and post something else relevant and interesting and BJ cutie episode will meet its natural demise.

One finds all sorts of great suggestions from so many as to how India and Indian govt is going wrong and yet, one is getting bogged down by BJcutie!

[vsudhir]

Liu,

what kind of trade do you know of (or on which info is publicly available in PRC) does PRC do with Pakistan? What kind of expoprts and imports (including culture tech and arms)? Just an idea of the magnitude of the trade and aid flows would be illuminating.

Thanks in advance.

[Avinash R]

Ordinary rice in Kolkata is Rs 14 per kg. It was cheaper before the inflation.

The disincentive of being rich and living in a communist state.

Rice is available for Rs.2/- for the poor in some non-commie states .

[RayC]

I don't think foodstuff is cheap in Kolkata because of the Communist govt ruling Kolkata. Foodstuff was always cheap in Kolkata, even under the Congress govt.

Rice being available at Rs 2 is not a realistic price. It is cheap populism at the taxpayer's expense to keep the incompetent in their Ministerial chair!

Some States I believe want free electricity for farmers!

Coal and Furnace Oil grows on trees or so the politicians think!

[Avinash R]

I'm not saying food is cheap in kolkatta but expensive for the poor in WB compared to other non-commie states.

Rice being available at Rs 2 is not a realistic price. It is cheap populism at the taxpayer's expense to keep the incompetent in their Ministerial chair!

Not realistic from your POV but for the person who gets that it's god sent gift. Seriously there is an agrarian crisis in parts of the country and this "cheap populism" helps them to tide over the crisis. Most of the small farmers in crisis hit regions have shifted to cities where they take up hard labour since that's the only option for them because they dont have any skills to find any other employment. And schemes like these, low cost foodgrains, will help even if they increase the fiscal deficit in the short term.

[RayC]

I'm not saying food is cheap in kolkatta but expensive for the poor in WB compared to other non-commie states.

Rice being available at Rs 2 is not a realistic price. It is cheap populism at the taxpayer's expense to keep the incompetent in their Ministerial chair!

Not realistic from your POV but for the person who gets that it's god sent gift. Seriously there is an agrarian crisis in parts of the country and this "cheap populism" helps them to tide over the crisis. Most of the small farmers in crisis hit regions have shifted to cities where they take up hard labour since that's the only option for them because they dont have any skills to find any other employment. And schemes like these, low cost foodgrains, will help even if they increase the fiscal deficit in the short term.

Rs 2 is not universally applied across India. Therefore, it is populism and vote garnering tactics of the concerned State govt.

Why even take the Rs 2 per Kg. It won't even pay for the gunny bag in which it comes. If indeed the State govt is so concerned, give it free and have a quota for every individual and if one wanted to be more scientific, by age!

[Raghav K]

For heavens sake lets get serious. If you like pictures with sarees,dead bodies over ambassador cars and all the childish pieces please set up a private (red)hotline with comrades and leave this place alone. I only hope we can keep this forum as professional as possible and not be hijacked by a bunch of ....

Don't tell me what to do and don't arrogate to yourself the chowkidari of the contents of this thread which is not titled "China bashing thread". Nothing gained by being defensive, stuck-up, arrogant and negative. Unless of course you are insecure in what/who you are.

merci miseour.

[Avinash R]

Rs 2 is not universally applied across India. Therefore, it is populism and vote garnering tactics of the concerned State govt.

So be it but atleast it helps the needy instead of "do nothing" policies of some states.

Why even take the Rs 2 per Kg. It won't even pay for the gunny bag in which it comes. If indeed the State govt is so concerned, give it free and have a quota for every individual and if one wanted to be more scientific, by age!

Every individual is not in urgent need of subsidised foodgrains, only some are. So the policy is applicable only to them. And giving it free may not be an option, it's like giving alms and psychologically killing the person's self-value instead of genuinely helping him.

[Raghav K]

folks, lets get back to bijinez..
Official Chinese Economic Statistics Hide Potential for Unrest.

Businessmen and economists inside and outside China are now talking about the gap between the official economic statistics put forward by the Chinese regime and China's real economic performance. Behind this new attention to the regime's questionable statistics lies concerns about the possibility of an economic and political collapse in China.

A Chinese businessman from the mainland met with clients at a location in South America to discuss future orders. In the telephone interview, he voiced his concerns regarding China’s economy saying, "200 million Chinese, including both migrant and other workers, are unemployed." He then disclosed that "Gross Domestic Product (GDP) growth was 'just below 4 percent.'” All present were shocked.

There are reasons to believe this Chinese businessman's numbers are not off the mark, even though they differ significantly from the regime's official unemployment and growth rates.
Smoke and Mirrors

"When the central government mandates a certain growth rate, the locals [governments] jump," said David Li, director ofTsinghua University's Center for China in the World Economy, as quoted by Business Week. "That's the easiest way to create growth." The reports come back from the provincial cadre with the required production numbers.

In recent official announcements, migrant worker unemployment was 20 million. The CCP also reported a 4.2% unemployment rate on registered (urban) workers for the end of 2008, as reported by Xinhua News Agency on Jan. 21, 2009.

On Feb. 16, Xinhua News Agency reported that the January GDP growth rate was 6.8%.
Economists Are Saying

Economists are providing a different picture of China's economic health than that given by the official statistics.
Professor Zeng Xiangyuan, Director of the Academy of Labor and Social Relations at the Renmin University of China, is quoted in the blog Seeking Alpha as saying that China’s unemployment rate for both urban and rural areas should be between 24 to 27 percent if converted to international standards.

This agrees with the Chinese businessman's estimate of 200 million unemployed, which would amount to an unemployment rate of 25 percent (excluding Hong Kong and Macau).

In a dramatic statement, Albert Edwards of Societe Generale is quoted by the blog Seeking Alpha as saying, "We cannot highlight strongly enough how truly mind-boggling Japan’s collapse in exports to China is. Last July they were expanding at a 16 percent year over year pace. Now they are contracting at a 35 percent year over year rate! This is a phenomenon throughout the region.

"Hence, despite the notoriously manipulated Chinese GDP data showing a shocking slowdown in GDP growth to 6.8 percent year over year, I would eat my hat if the Chinese economy was doing anything other than contracting right now.”

According to Nouriel Roubini, an economics professor at New York University who has grown famous for accurately predicting the global financial crisis, China’s GDP growth this year will not exceed 5 percent (See: China's Tough Employment Times)

China economist, Mark Williams, from London based Capital Economics, said in an interview with Voice of America that he also anticipated a growth of 5 percent this year in China’s GDP.

The Chinese businessman’s estimate of the growth rate at "just under 4 percent," then, seems very plausible.
What Next?

The regime reported in 2008 that a GDP growth rate of 6 percent was considered a critical threshold required to absorb incoming young workers and maintain sufficient jobs for the workforce in general. A lower rate could bring about major social disruptions.

Zhang Ping, president of China's National Commission for Development and Reform, said at a press conference on Nov. 27, 2008, "excessive bankruptcies and production cuts will lead to massive unemployment and stir social unrest” in 2009, as reported in China Daily on the same day.

With a true unemployment rate of 25 percent and a growth figure at or below 5 percent, the conditions for social instability have arrived in China.

In China, the regime's media are blaming the United States' failure to regulate its financial institutions as the cause of the Global Financial Crisis. Hu Jintao, head of the Chinese Communist Party (CCP), is meeting with leaders around the world who are disaffected from the United States, telling them the United States has failed them and China can help them.

Ms. He Qinglian, perhaps the best known commentator on China's economy, reports “Newspapers in China have been publishing numerous series of articles that examine the problems in China’s real estate, stock market, and banks. These reports state that the root cause has been the U.S. financial crisis.”

Ms. He continues, "What’s most surprising is the CCP has been patting itself on the back. It boasts that the Chinese and Russian models supposedly prospered, while stating that the financial crisis in the United States is due to its impoverished free market system and that its well-established freedom and democracy have collapsed." (See: Financial Crisis in the U.S. and China—Comparing Apples and Oranges)

Ms. He says that China's economic woes are homegrown. Among other factors,she points out that "The continuing bankruptcies in China were also not affected by the U.S. financial crisis. Last year [2007], toys from China were strongly boycotted, because they contained high levels of lead. Many millions of toys had to be recalled. ... On March 13, 2008, the Shanghai stock exchange fell by 3,971 points. That day, 700 billion yuan were lost...this had little to do with the U.S. financial crisis. It is China's problem," (See:China: Not a Financial but an Economic Crisis)

With its economy in a nosedive and social unrest growing, the CCP may feel threatened. It is capable of acting brutally under such circumstances. This is apparent from the 1989 Tiananmen Student Massacre, as well as the almost ten-year-long persecution of Falun Gong adherents.

[RayC]

Rs 2 is not universally applied across India. Therefore, it is populism and vote garnering tactics of the concerned State govt.

So be it but atleast it helps the needy instead of "do nothing" policies of some states.

Why even take the Rs 2 per Kg. It won't even pay for the gunny bag in which it comes. If indeed the State govt is so concerned, give it free and have a quota for every individual and if one wanted to be more scientific, by age!

Every individual is not in urgent need of subsidised foodgrains, only some are. So the policy is applicable only to them. And giving it free may not be an option, it's like giving alms and psychologically killing the person's self-value instead of genuinely helping him.

Giving out doles kills the ingenuity of man.

It becomes a habit and breed a sense of laziness.

Food for Work is a better policy for the needy. It does not make him feel that he is a State guest, flaunting his poverty as a card for the govt to take on his burden.

If rice is given at Rs 2, they will feel that is what it costs. And when the scheme will stop,there will be discontent!

As far as who the policy is meant for, it is fudged. Check the Rural Employment Scheme where the party workers automatically become poor and unemployed while the real people are ignored. And there is also a cut for those who maintain the roster and disburse the money!

The intent maybe noble, but the implementation is corrupt!

[Avinash R]

^This is going OT.

Dont quite agree with you opinion. "Doles" are necessary when the person/s are economically needy. Denying them help during this period is like denying medicines to the sick. Corruption by some cant be a excuse for not helping.

[derkonig]

Gearing up for the storm....

Chinese officials trained to handle social unrest

[vsudhir]

Old hat to regulars here but WTH

Beijing's Olympic building boom becomes a bust

[RayC]

No storm really will be in the offing, but the news says it all:

Thousands of Chinese security officials are being trained to deal with possible social unrest as million of rural workers are laid off amid a sharp economic slowdown, a government ministry said Monday.

Government concerns about unrest have risen in recent months as the economic crunch deepens and more than 20 million rural migrant workers have lost their jobs. Layoffs have already led workers in some cities to take to the streets in protest at factory shutdowns or to demand back pay.

More than 3,000 national public security directors will be trained in the capital by mid-June to improve responses to threats to public security in the provinces, a statement on the Ministry of Public Security's Web site said.

They are being trained. They are still not trained. What is that training?

The only thing that I visualise is to ensure law and order and that is why it is the Public Security that is being involved. It does not indicate any social assistance to mitigate the woes!

Police can always control unrest and that is nothing singularly astonishing.

Social unrest in any country is a scary thing!

I think other ways to calm down the people should be thought about. Though frankly, I hve the foggiest!

[Avinash R]

^There are already 300,000 chinese in re-education camps.

What harm will it cause to CCP if a few thousand more sent there? Nothing, they will continue to enjoy their high positions.

[Katare]

Avinash,

You are adding nothing to this thread, if you don't like Liu/wrdos etc you can choose not to participate. Remember this is Chinese economy thread not India China pi$s contents thread.

Thanks!

[SK Mody]

Not sure if this has been posted before, but;

Chinese Auto Sales Overtake U.S. In January

Morning Edition, February 10, 2009 · China has released its monthly auto sales report, and the Chinese bought more cars than Americans did in January. If the numbers stay on trend, this could be the year that China surpasses the U.S. as the world's number one automobile market. Michelle Krebs, with the auto information site Edmunds.com, tells Renee Montagne that analysts had expected this to happen just not this soon.

http://www.npr.org/templates/story/stor ... =100497739

Listen to the audio. Lots of nervousness.

[vsudhir]

SK Mody,

I for one will applaud the PRC giving the jeebees to the USA on economic issues.

It might just have spinoff benefits for yindia coz count on us being courted by whoever is second in the USA-PRC race to not join hands with the numero uno. Or, such a contest might just l;eave us alone and in peace for a while.

[SK Mody]

Yes, it should be fun to watch them dance the fandango together.

[Avinash R]

Katare ji, please be kind enough to read my posts before evaluating the value they add or not to the thread.

Not one of my post is in response to Liu or wrdos. All are in response to RayC's posts.

Dont blame me for the sins of some other poster.

Thanks.

[AdityaM]

More dirt on chinese industrial espionage

No charges have resulted from the legal inquiry. But it generated headlines in South Korea, where the media were already abuzz with reports of high-profile industrial espionage cases in which former employees of South Korea’s biggest exporters — Hyundai and Kia Motors, LG Electronics, the Daewoo shipyard and the steel maker Posco — were convicted of leaking, or plotting to leak, sensitive technology to Chinese companies.

[svinayak]

China, US and the Global economy on CNBC

[Liu]

well, My PC broke down two days,so I had to have it repared.
except the display，harddisk and DVD,almost all components have be replaced.
but it cost me only 1073 RMB(about 7500 rupees)
crazly cheap ,isn't it?
Furthermore,a brand new decent PC here cost only 3500-4000 RMB too.

When I bought my first PC in 2003,the PC cost me almost 6000 RMB. At that time, my monthly salary was only 1000 RMB.

So, in 2003, Most CHinese had to spent half-year salary to buy a PC,while PC today cost orniary Chinese only one-month salary.

[Liu]

Liu,

what kind of trade do you know of (or on which info is publicly available in PRC) does PRC do with Pakistan? What kind of expoprts and imports (including culture tech and arms)? Just an idea of the magnitude of the trade and aid flows would be illuminating.

Thanks in advance.

1,Frankly speaking, except professionals, CHinese are hardly ready to expore the detail of sino-pakistan trade.
After all, among China's over 2 trillion trade, sino-pakistan trade is Negligible. It hardly influences the daily life ordinary chinese.

2 .India's pretest,complant and accusation that CHina sell nuke&missle to pakistan can often be reported in CHinese websites and even Chinese government medias like Xinhua and CCTV.

[Liu]

folks, lets get back to bijinez..
Official Chinese Economic Statistics Hide Potential for Unrest.

Businessmen and economists inside and outside China are now talking about the gap between the official economic statistics put forward by the Chinese regime and China's real economic performance. Behind this new attention to the regime's questionable statistics lies concerns about the possibility of an economic and political collapse in China.

A Chinese businessman from the mainland met with clients at a location in South America to discuss future orders. In the telephone interview, he voiced his concerns regarding China’s economy saying, "200 million Chinese, including both migrant and other workers, are unemployed." He then disclosed that "Gross Domestic Product (GDP) growth was 'just below 4 percent.'” All present were shocked.

There are reasons to believe this Chinese businessman's numbers are not off the mark, even though they differ significantly from the regime's official unemployment and growth rates.
Smoke and Mirrors

"When the central government mandates a certain growth rate, the locals [governments] jump," said David Li, director ofTsinghua University's Center for China in the World Economy, as quoted by Business Week. "That's the easiest way to create growth." The reports come back from the provincial cadre with the required production numbers.

In recent official announcements, migrant worker unemployment was 20 million. The CCP also reported a 4.2% unemployment rate on registered (urban) workers for the end of 2008, as reported by Xinhua News Agency on Jan. 21, 2009.

On Feb. 16, Xinhua News Agency reported that the January GDP growth rate was 6.8%.
Economists Are Saying

Economists are providing a different picture of China's economic health than that given by the official statistics.
Professor Zeng Xiangyuan, Director of the Academy of Labor and Social Relations at the Renmin University of China, is quoted in the blog Seeking Alpha as saying that China’s unemployment rate for both urban and rural areas should be between 24 to 27 percent if converted to international standards.

This agrees with the Chinese businessman's estimate of 200 million unemployed, which would amount to an unemployment rate of 25 percent (excluding Hong Kong and Macau).

In a dramatic statement, Albert Edwards of Societe Generale is quoted by the blog Seeking Alpha as saying, "We cannot highlight strongly enough how truly mind-boggling Japan’s collapse in exports to China is. Last July they were expanding at a 16 percent year over year pace. Now they are contracting at a 35 percent year over year rate! This is a phenomenon throughout the region.

"Hence, despite the notoriously manipulated Chinese GDP data showing a shocking slowdown in GDP growth to 6.8 percent year over year, I would eat my hat if the Chinese economy was doing anything other than contracting right now.”

According to Nouriel Roubini, an economics professor at New York University who has grown famous for accurately predicting the global financial crisis, China’s GDP growth this year will not exceed 5 percent (See: China's Tough Employment Times)

China economist, Mark Williams, from London based Capital Economics, said in an interview with Voice of America that he also anticipated a growth of 5 percent this year in China’s GDP.

The Chinese businessman’s estimate of the growth rate at "just under 4 percent," then, seems very plausible.
What Next?

The regime reported in 2008 that a GDP growth rate of 6 percent was considered a critical threshold required to absorb incoming young workers and maintain sufficient jobs for the workforce in general. A lower rate could bring about major social disruptions.

Zhang Ping, president of China's National Commission for Development and Reform, said at a press conference on Nov. 27, 2008, "excessive bankruptcies and production cuts will lead to massive unemployment and stir social unrest” in 2009, as reported in China Daily on the same day.

With a true unemployment rate of 25 percent and a growth figure at or below 5 percent, the conditions for social instability have arrived in China.

In China, the regime's media are blaming the United States' failure to regulate its financial institutions as the cause of the Global Financial Crisis. Hu Jintao, head of the Chinese Communist Party (CCP), is meeting with leaders around the world who are disaffected from the United States, telling them the United States has failed them and China can help them.

Ms. He Qinglian, perhaps the best known commentator on China's economy, reports “Newspapers in China have been publishing numerous series of articles that examine the problems in China’s real estate, stock market, and banks. These reports state that the root cause has been the U.S. financial crisis.”

Ms. He continues, "What’s most surprising is the CCP has been patting itself on the back. It boasts that the Chinese and Russian models supposedly prospered, while stating that the financial crisis in the United States is due to its impoverished free market system and that its well-established freedom and democracy have collapsed." (See: Financial Crisis in the U.S. and China—Comparing Apples and Oranges)

Ms. He says that China's economic woes are homegrown. Among other factors,she points out that "The continuing bankruptcies in China were also not affected by the U.S. financial crisis. Last year [2007], toys from China were strongly boycotted, because they contained high levels of lead. Many millions of toys had to be recalled. ... On March 13, 2008, the Shanghai stock exchange fell by 3,971 points. That day, 700 billion yuan were lost...this had little to do with the U.S. financial crisis. It is China's problem," (See:China: Not a Financial but an Economic Crisis)

With its economy in a nosedive and social unrest growing, the CCP may feel threatened. It is capable of acting brutally under such circumstances. This is apparent from the 1989 Tiananmen Student Massacre, as well as the almost ten-year-long persecution of Falun Gong adherents.

such articles like "china collpase,china down" has never disappear since Soviet collapsed .

[vsudhir]

China's jobless migrants loath to return to countryside

Clearly, another Reuters plot to defame China's image..... (Note: Sarc tags aside, always take what the UKstani propagandu organs dish out with wariness onlee, they're marinated in agenda driven underhanded psy-ops.)

The parched farmlands of central China hold no future for Li Honglin, but she is trapped there until word comes from a clothing factory far away on the coast where she used to work.

Li's boss promised to call her back to her job as a sewing machinist when the factory resumes full production. It's not clear when that might happen, though, as China's garment exports have been decimated by the economic downturn and orders are thin.

Wearing tight pants and high-heel shoes studded with rhinestones, Li stood with her parents and elderly neighbors as they played mahjong late into the afternoon by a dusty road about an hour's drive from Henan's provincial capital, Zhengzhou.

"Almost all my friends have already gone back to the big cities, but I'm not rushing out. You need to have a job to live in the city. It's too expensive to get by without one," she said.

"It's no good. I had found work by this time last year but I've had no opportunities, nothing, so far this year," said Zhao, Xichang, standing by a hand-painted sign that advertised his skills as a driver at a job market in Zhengzhou.

Long lines of migrants, mainly men in rumpled suits, snaked down the street just a few minutes' walk from the train station, each with a sign like Zhao's. There were chefs and drivers, electricians and builders, plumbers and handymen.

A wrinkled man in a cloth cap sat at a corner table, charging half a yuan ($0.07) to paint job-wanted signs for the illiterate.

Rumors spread about where there might be more work. One man said Beijing. Another scoffed, saying he had left the capital because its economy had turned sour.

"People here barely have enough to eat. And it's going to be bad for society if the situation doesn't improve," Zhao said. Not that there would be protests, just unhappiness, he quickly added.

One blogger adds:

China's insatiable demand for commodities we all heard about was nothing but a global crack-up boom, a byproduct of cheap money everywhere. Ironically, right at the height of the boom, many thought $200 oil was in the cards and hyperinflation was just around the corner. It wasn't then and it isn't now.

And with wages being what they are in China, there is no hope that China can fill those real estate vacancies at a profit, if indeed at all. Signs point to a crash in China's GDP (assuming it hasn't already). Alternatively, China will overheat if it attempts to grow at the same pace. Either way, there is more pain for China and the world economy right around the corner.

[derkonig]

There they go again, tampering with mother nature.

Jailed Billionaires Show New Face of China as Markets Unravel

[rundstedt]

There are more and more protests in China. But isn't that how the democracy supposed to work? I don't see how China is going to face Riots. In China today, even the poorest migrant workers can get $200.00 a month ($2400.00 a year per person); and if they lose their job, they fall back to their farms and make about $500.00 a year per person (that is $1500.00 a year per family!), no tax, and the state government will subidize them with about $20.00 (tweny, not much) a year. $1500.00 a year is very little, but it keeps a 3-person family fed and warm.

Different from other systems, in China, a farmer's land is a farmer's land, you cannot sell it (only the sate goverment can buy it for good cause and good money). The system especially forbids selling your land because nobody want to see big land owner.
In my grandparent's villiage, if a kid is born, a piece of land is alloted to the kid; if a senior is dead or someone settles down in a city, his land is taken back. The land is strictly evenly distributed among villagers.

In fact the Minimum wage is only $85 per month in DongGuan, 8 hours per day,and 5 days per week, most of the bloody factories practice this wage standard. The migrant workers expect the wage for $200 at least, and they get $200~300 actually. You could caculate how many hours they working per week! the overtime wage is doubled.

[Abhijeet]

An interesting look at the scale of China's Internet audience:

http://www.techcrunch.com/2009/02/24/ch ... e-biggest/

Even taken with a healthy grain of salt, the stats Tencent are presenting deserve a mention: the report claims more than 200 million people were using QZone as of January 31, 2009, surpassing international players like Facebook (which recently announced 175 million registered users) and MySpace.

Going back to Tencent’s report, it states that about 150 million out of the total 200 million are actively contributing on Qzone by posting blogs, sharing photos, and interacting with other users. In Qzone, about 4 million users are supposedly uploading an average of 60 million photos every day. Furthermore, on February 9 the company’s instant messenger QQ reportedly recorded more than 50 million concurrent users.

QQ Xiaoyou, a service targeting students in universities and high schools, has over 20 million registered users and it only officially launched in January, 2009 (it’s been in private test mode since June 2008).

These numbers may be somewhat exaggerated, but it just shows how China is really building their own Internet ecosystem, with Chinese language websites and applications, and companies that rival American ones in scale.

It's a step that I wish India would take quicker. The mobile revolution has happened. Now we need the Internet revolution, where 10 million Internet users are added per month.

[wrdos]

2 In the early parts of this decade, Chinease government was not at all focussed about India. but the Nuclear deal was definately blown up big. It was presented as a sinister strategy of the US, counter Chinas rise. Subsequently a lot of negative news about India followed. It got to such low level as reporting from Mumbai hospitals about food poisening.
My qestion is: In your view, how is India precieved? What do Chinease bloggers say about India and what is the general mood towards the India/Pakistan issues.

My friend visited China few years ago as part of the work MNC
He found in the newpapers a small snippet of India every day which details any differences and bad news about India.
Did you notice it in Chinese newspapers.

Which Chinese newspaper? I have almost no idea of Chinese newspaper, but for the case of public TV, we can hardly find any India related programs on broadcast. Maybe 1 or 2 time every month, and each time 1 or 2 minutes, that's all.

General speaking in most ordinary Chinese's minds, India is a very very far, strange but colorful country. Although most of them know a famous Chinese monk's Indian travel, which happened more than 1000 years ago.

[Liu]

An interesting look at the scale of China's Internet audience:

http://www.techcrunch.com/2009/02/24/ch ... e-biggest/

Even taken with a healthy grain of salt, the stats Tencent are presenting deserve a mention: the report claims more than 200 million people were using QZone as of January 31, 2009, surpassing international players like Facebook (which recently announced 175 million registered users) and MySpace.

Going back to Tencent’s report, it states that about 150 million out of the total 200 million are actively contributing on Qzone by posting blogs, sharing photos, and interacting with other users. In Qzone, about 4 million users are supposedly uploading an average of 60 million photos every day. Furthermore, on February 9 the company’s instant messenger QQ reportedly recorded more than 50 million concurrent users.

QQ Xiaoyou, a service targeting students in universities and high schools, has over 20 million registered users and it only officially launched in January, 2009 (it’s been in private test mode since June 2008).

These numbers may be somewhat exaggerated, but it just shows how China is really building their own Internet ecosystem, with Chinese language websites and applications, and companies that rival American ones in scale.

It's a step that I wish India would take quicker. The mobile revolution has happened. Now we need the Internet revolution, where 10 million Internet users are added per month.

The nubmber alsoluely is not exaggerated. In fact, almost every Chinese netizens have a ID of QQ at least.
Fox example,I applied a ID of QQ almost 9 years ago.

To Chinese netizens, QQ is as important as mobiles to people.. the first thing chinese netizens do is to login their QQ ,after they open their PC.

ICQ and MSN in fact is not as good as QQ