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China isn't the monolith it's made out to be : Comments
By Lao Zi, published 17/11/2010One party state doesn't mean there is unity.
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Posted by jorge, Wednesday, 17 November 2010 4:19:22 PM
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thanks for the insight..sadly not many are making comment
[even us in the land of the free] but knowing how sensative china is to any commentary i feel i might as well note some general-points of concern i hear there are whole cities..that have empty buldings bought by the no doudt advantaged...and kept from those disadvantaged my main concern being...globally...the default in values..of real-estate...and how much leverage..is held in 'real-estate'..that like usa...like spain...like ireland...has been found to be dangerously over valued...[which will directly lead to the future GLOBAL resession] yes china..can be said to be..a nation of savers but lets face it..its more about fear..because govt isnt doing the basics good govt needs do..[i include in this health].. thing is...realise china needs consumers[not just the elites]..who are doing quite nicely..bying up houses in the never never..but real consumers..that support chinas industry the best way to ensure spending..is to give reasonable wage [and not let the inflation..chew up the real wage.. like the western CAPITA-List.. has become expert at] its directly this shortfall in real income...and the overuse of credit-card..to buy product we dont need..[that goes obsolete minutes after first use].. as well as the ever rising..cost of 'services...'and the deceit of infastructure expenditure..[with borowed moneies..nessitating ever more indirect tax..and govt revenue raising..that china neds to avoid] as will become obvious in short time when we hit the streets yes the peasents revolting.. thats the real danger too many selfish...land-lords...in their exclusive frainchise..[fief-doms]...trying to squeeze the last drop of/blood out of the peons thats the only thing china needs concern about thus give fairness...equal/fair measure and enforce the rules equally make money go to the small things..first let the big-fish...EARN*...their money..*from the small fry the thing the world lacks is good governance..more than anything [ie people honouring..those they serve] Posted by one under god, Thursday, 18 November 2010 11:44:19 AM
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Thank you Lao Zi for those insights.
Although there are great cultural differences and differences in historical experience from nation to nation, some features of human organisation seem to crop up everywhere. A political party will unite in a common front to oppose another political party. When one party, however, gets to be so far out in front in its sense of security then the cracks begin to appear within it as members jostle for advantage. It seems to be a law of organisations that schisms occur; there are more people who want to be a chief than there are leading positions in one monolithic party, or church, or corporation. Posted by Fencepost, Saturday, 20 November 2010 5:55:47 PM
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Thank you for this.
I was aware of the new leadership plans but not how the factions lined up. I am following labor relations, where the current CCP leaders are more supportive of workers rights. The worst expoitative companies - eg Foxconn with 12 youth suicides - are now under scrutiny, in the public spotlight. Corporates and business flout new labor laws, but with much more worker protest. Striking workers are winning wage increases - such as at Honda. In the union, ACFTU key factions support unions' changes to stand next to workers, to conduct collective bargaining for workers and to allow workers to elect their union representatives. See my report at http://chriswhiteonline.org/2010/11/hot-labor-relations-in-guangzhou/ Posted by Chris White, Monday, 22 November 2010 11:28:50 AM
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And sobering to realise that supporting unregulated foreign investment carries its risks. Just like anything else in life.
http://currentglobalperceptions.blogspot.com/