» 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.
20/01/2017 09:33:00 CHINA
Official statistics: China grows by 6.7%, but a lot of data manipulated
Growth figures published today. Domestic consumption grew by 10.4%. But the biggest contribution came from construction, infrastructure, credit. The data inflated in Liaoning. Perhaps a more realistic figure is an increase of 4%.
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.
VATICAN - USA
Pope to Trump: America’s greatness is measured by its attention to the poor
Pope Francis exalts the "rich spiritual and ethical values that have shaped the history of the American people” and the nation’s “commitment to the advancement of human dignity and freedom worldwide ". Concerns " for the poor, the outcast and those in need who, like Lazarus, stand before our door ". The oath Trump preceded by various prayers of Catholic, Protestant, Jewish Representatives. The slogan "America first" will guide political choices. String criticism of the establishment. China’s caution and the enthusiasm of the president of Taiwan.
CHINA - UNITED STATES
The Trump era begins: The China-US relationship and the risk of war
As the inauguration ceremony of the Trump presidency approaches, the Propaganda Bureau of the Chinese Communist Party has banned all journalists from “unauthorized criticism" of Trump’ words and deeds. According to the great dissident Wei Jingsheng there is a chance that Trump will force China into fair trade deals, possibly leading to political and legal reforms. A trade war is an option.
20/01/2017 CHINA - UNITED STATES
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