» 06/20/2012, 00.00
Li Keqiang: "We must reform our economy, we are unbalanced"
The Chinese Vice-Premier, who in October should become the Prime Minister, emphasizes the need to change the national economy: "Do away with waste, of money and of energy." But the country today needs a real internal market and a labor reform that puts the worker at the center. The estimated GDP for 2012 drops again, and will be the lowest since 1990.
Beijing (AsiaNews) - Chinese Vice-Premier Li Keqiang, on the
verge of becoming Prime Minister in the Communist Congress in October that will
change the leadership in the country, has stressed the need to put in place a
plan of economic reforms that will push domestic industries and reduce
unnecessary expenses. Li, considered a reformist, thus places himself in line
with the current government but is "open" to those who see the
current Chinese economic system as a "monster" about to explode.
Several analysts also argued that the Asian giant is too
unbalanced in its exports, adding that without creating a domestic market -
with the consequent increase in wages and labor rights - China is likely to
implode very soon. Moreover, the current trading system forces the regime to
treat its citizens as slaves, who - increasingly in recent times - are starting
to rebel, resulting in social instability.
Li spoke at the prestigious Chinese Academy of Sciences and
revealed that the country "needs to speed up the development of new
strategic sectors, including energy conservation, environmental protection,
bio-industry and hi tech. Beijing must play a key role in reform, putting aside
useless construction projects that cost too much."
Because of the financial crisis of the European and American
working world, the Chinese government has been forced once more to revise its
estimate for the gross domestic product relative to 2012, lowering it. Analysts
believe that figure will stabilize around 7.5%, the weakest rate since 1990.
Shanghai star fading
Many cities have left it behind in terms of production, GDP and investments while energy shortages remain unresolved. Experts say a free flow of information is necessary, as well as a review of the prevalent development model that fails to protect the workforce and ignores the environment.
China’s GDP growth to slow to 6.1 per cent
This is the weakest growth since 1992. According to the government, an 8 per cent annual growth rate is needed to maintain employment levels and keep social unrest in check. But positive signs are on the horizon, thanks to the government’s four trillion yuan stimulus package.
Hu Jintao in the United States for financial summit and to meet Obama
The Chinese president will head his delegation at the meeting among the 20 most industrialized countries. Obama will also participate. Beijing wants an increasingly greater role in international issues, although it is hesitant to open up its currency reserves of 1.9 trillion dollars.
27/02/2016 14:40:00 INDIA
India’s economic growth to reach 7.5 per cent in 2016
India’s Finance Minister yesterday tabled the country’s Economic Survey for 2015-16. The latter expects GDP growth to be about 8-10 per cent, one of the highest in the world and greater than China’s, driven by the service sector.
Record growth (+11.9 per cent), but many fear bubble and unemployment
First quarter growth hits three-year record. Inflation remains low at 2.2 per cent in March. However, the real estate market enters bubble-bursting territory, with banks overexposed. Now attention turns to unemployment.
CHINA - VATICAN
The persecution of Catholics during the Cultural Revolution
The documentation of that violent period was burned or buried in archives. Only a few survivors speak. The persecutors are silent in fear. The burning of religious objects and furnishings in Hebei. Bishops humiliated and arrested in Henan; nuns beaten with sticks and killed, or buried alive. A persecution that "is not over yet"; Today it is perhaps only more subtle.
Silence shrouds 50th anniversary of Cultural Revolution in China and in the West
The bloody campaign launched by Mao Zedong killed nearly 2 million people and sent a further 4 million to concentration camps. Every Chinese has been marked by fear. But today, no memorial service has been planned and no newspaper article has appeared. The Party’s internal struggles and Xi Jinping’s fear of ending up like the USSR. Even today, as then, there are those in Europe who keep quiet and laud the myth of China. Many are predicting a return to the "great chaos".
23/05/2016 VATICAN - ISLAM
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