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发帖数: 30882 | 1 跟广大中国人民希望习近平能有汉武风范的愿望完全背道而驰啊。
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OhioOct 25th, 16:46
The history of the first half of the 21st century will be in large part the
story of whether China can grow and reform itself into a relatively rich,
but above all sustainable economic future. The past 20 years of rapid growth
is commendable, but not sustainable in its current form. A transition is
inevitable. From reading the comments, I fear that many Chinese don't
realize how much the rest of the world is nervously watching, hoping that a
peaceful, prosperous China emerges, without any great economic hardship and
particularly without violence. We really do wish China well, that it becomes
like Taiwan, South Korea, or Japan. We do not wish for China to fail, for
we stand to lose too. The rest of the world has a great stake in seeing a
successful and peaceful China, secure and confident as one of the world's
leading countries.
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law-and-orderOct 25th, 18:21
If Xi wants to break with the past, the first thing he should do is to
remove the hideous Mao portrait from the Tiananmen Square.
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MarkDoweOct 26th, 22:08
Much needed political reform in China will take the country towards the rule
of law and democracy. But this will frighten both the party in government
and the people of China because they fear the rapid pace of change that is
being advocated: the party, because a fear of losing its grip on power, and
the ordinary Chinese people because of their history of chaos and cruel
punishment from earlier times. The fear and uncertainty of lurching into the
unknown is as much a factor as the anger many in China have about
corruption and mismanagement.
Chinese economic reforms are also vitally important. If China does not
accelerate the pace of reforms that support rebalancing, when global growth
resumes a more normal pace, its external surplus would likely expand again.
That would mean that China would once again be subtracting from economic
growth in the rest of the world making it difficult for the United States to
reduce its budget deficit and putting its government debt on a more
sustainable path. Correcting the numerous imbalances is necessary to propel
China towards a new and sustainable growth path.
Among China’s economic problems are a low share of private consumption
expenditure and a highly leveraged share of investment in GDP, an outsized
manufacturing sector and diminutive service sector, an unprecedentedly large
hoard of official holdings of foreign exchange, and an increasingly high
and probably unsustainable rate of investment in residential property.
Mitigating these imbalances will require fundamental market-oriented reforms
such as market-oriented interest rate liberalisation, eliminating the under
-pricing of energy and other factors inputs predominately used in
manufacturing, and greater flexibility of the exchange rate. An even more
rapid expansion of the social safety net is also essential to move China
towards a consumption-driven growth path. Many of these reforms have been on
the agenda for at least a decade now but reforms, other than increased
social expenditures, have been painfully slow. The explanation is that
financial repression, the undervaluation of the currency, and factor price
distortions have advantaged some sectors and regions of China at the expense
of others. The benefits of unbalanced growth have flowed towards export-
and import- competing industries that have enjoyed elevated profits at the
expense of service sector firms, and China’s banks have acquired
disproportionate influence over economic policy. And to date they have been
able to block much-needed policy reforms, but these reforms are necessary if
China is to move towards a balanced and sustainable economic plan for the
future.
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lord_war_worldOct 26th, 02:55
It is funny that the western countries always want China to follow their
model,which is called the common value or political system in the modern
world.I don't know whether they understand the situation of every country.It
differ from one to one.China has a long history and has a huge population.
You can't just say "Hi China ,just follow us and do the same election across
the country like I did".This is not reality.The people's educated standards
in China is different.Meanwhile, I admit that there exist a lot of problems
such as corruption, wealth distance and environmental problem in China.But
it doesn't mean we must follow your step.We must change our political system
,we must change our way of economic development,we must change our views
about the human right.But we will never follow the so-called western model.
Have we forgotten the Soviet Union's collapse?We don't want to be the next
Soviet Union,we don't want to be the next America.We will be and always be
the great China,a nation that has existed in the world for 5000 years and
its influence will continue to affect the world.
We will create a system that just adapt to China and bring us the liberal,
wealth, fair and strong society in the future.
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Ohioin reply to 1 Kyat DroneOct 25th, 16:26
Yes, I believe you will find a whole section on the US where there will be
many articles, mostly critical. This newpaper writes critiques of the
economic and political policies of nations, and the business strategies of
corporations. I find it amazing that people feel singled out when the
Economist writes a critical article about their country. That's what the
Economist does. And the fact that other countries have their own failings
does not lessen the validity of the critique of your country. Don't people
learn at an early age that two wrongs don't make a right?
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1 Kyat DroneOct 25th, 15:59
Great article and great analytical analysis in the article.
Revolutions, especially violent ones, rarely end up well (see Iraq,
Afghanistan, Libya recently) and self-reform (South Korea, and Taiwan for
example) usually works much better. Remember that South Korea and Taiwan did
not become a true democracy with peaceful change of power and lower
corruption through democracy until the 1980s and 1990s.
China's transition to a democracy will take some time, but Xi Jinping and
his government has the power to continue the desperately needed economic
liberalization and to reduce the corruption in the bureaucracy. After all
these things, which will lead to a stronger economy and a happier populace,
is a win-win scenario for both the government and the people.
Full suffrage in Hong Kong by 2017 can be a test case of what a future
mainland government would look like.
Again, great article, but as a side note unfortunately most the comments
that will soon flood this article will almost definitely be extremely
trollish and non siquitur and/or off topic.
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KACEY1Oct 25th, 16:08
Yes, China has many issues, corruption, inequality, etc… But, I think U.S.
has lots more problems than China:
George W Bush had more Federal government deficits than all the previous
presidents combined; Obama is having more deficits than the entire previous
president combined too. Not only Federal Government deficits, but also all
state/county/city deficits, underfunded social security, underfunded
Medicare, student loans, etc.... all doubled in fewer and fewer years.
How long can that last, until it hit the wall and collapse?
The only thing Federal Reserve Bank knows is printing money; QE1, QE2,
Operation Twist One, Operation Twist two, now, this no ending QE3, 40
billion dollar every month.
Is this a slow death? Higher inflation? Make U.S. dollar worth less and less?
24.7% of housing still under water, income of working stiffs is declining,
food and gasoline price is increasing, taxes is increasing....
Is economy improving? Another recession is coming in 2013?
18% of GDP is used for health care, but the average life expectation is no
better than some countries spend only 5% of what U.S. spends on health care.
With 31% of GDP is financial services, wall streets, insurance, banks,
stocks, mutual funds, taxes, etc...
Is this healthy for a society?
According to Pew Research, the education level is 17th out of 23 countries
studied. My 3 sons all went thru public education, it starts at 8:00 AM,
ends at 2:30 PM, so many PE, quiet hours, teachers training, and the worst
of all is teachers union on strikes every couple of years. During the parent
and teacher's conference, the teacher said because there was no contract,
the teachers will do minimum....
Is this the education all about in U.S.?
There are 1.4 million lawyers in U.S.; almost 50% of all the lawyers in the
world. When I drive to work, I hear on the news, California BAR has passed
another six thousand lawyers; California has almost 230,000 lawyers....
Can you believe 1.4 million lawyers looking for someone to file legal
actions in U.S.?
I saw U.S. army recruit stations in front of Home depot, a hardware store,
while hundreds of brothers from south of the boarder standing there looking
for work. They said you can have U.S. citizen, get $25,000 dollar to sign up
, they will help you to get a high school equivalent, after the military
service, you will get free college education, and life long pay to become
army reserve.
How many children of the captains of U.S. society in military service? Is
this the best this country can do?
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T.W.Hin reply to jubusOct 25th, 15:55
Why do people keep reading The Economist if they think that TE is crap? Just
don't come and read the crap but go do something else worthwhile.
How omniscience of you to know that Chinese people don't want democracy.
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1 Kyat Dronein reply to KACEY1Oct 25th, 16:09
But of course this article has nothing to do with the US.
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