Australian Politics Forum - Who really created the chinese economic monster ?

Sir lastnail

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Who really created the chinese economic monster ?
Jan 26^th, 2016 at 10:37am

Here it is guys. The smoking gun. A US senator spills his guts about china and how it has been used by US corporations and Governments to de-industrialize and steal away the wealth of their own country only to be replaced with a crap service industry as a pathetic attempt to compensate for the exodus of manufacturing and the loss of jobs it has created. And what is the payoff in all of this ? Some wealthy politicians and corporations Sad

And of course we have the rest of the Western countries going along for the ride and telling us how free trade deals are the way forward for us all Sad

Greed is good !!

Quote:

As America battles a crippled economy and high unemployment, its superpower status seems to be ever more fragile. Meanwhile, China's economy and military continue to grow at an amazing rate -- and some US politicians say America is to blame. "We have built China into a major economic power without demanding any kind of political reform ... we have created a monster," Congressman Dana Rohrabacher (R-CA) told RT.

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freediver Gold Member Offline www.ozpolitic.com Posts: 52705 At my desk.	Re: Who really created the chinese economic monster ? Reply #1 - Jan 26^th, 2016 at 10:51am The Chinese built it with economic reform. The political reform is almost inevitable. Some would argue it is already happening. The Chinese communist party turning to capitalism is hardly insignificant.
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Sir lastnail Gold Member Offline Australian Politics Posts: 30900 Gender:	Re: Who really created the chinese economic monster ? Reply #2 - Jan 26^th, 2016 at 11:19am freediver wrote on Jan 26^th, 2016 at 10:51am: The Chinese built it with economic reform. The political reform is almost inevitable. Some would argue it is already happening. The Chinese communist party turning to capitalism is hardly insignificant. Let us know when it happens LOL
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Who really created the chinese economic monster ? Reply #3 - Jan 26^th, 2016 at 11:26am it was Tony wasnt it?..
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cods Gold Member Offline Australian Politics Posts: 88048	Re: Who really created the chinese economic monster ? Reply #4 - Jan 26^th, 2016 at 11:27am freediver wrote on Jan 26^th, 2016 at 10:51am: The Chinese built it with economic reform. The political reform is almost inevitable. Some would argue it is already happening. The Chinese communist party turning to capitalism is hardly insignificant. they have woken up MONEY.. IS ... EVERYTHING>
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freediver

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Re: Who really created the chinese economic monster ?
Reply #5 - Jan 26^th, 2016 at 2:35pm

https://en.wikipedia.org/wiki/Wen_Jiabao

In the first term of his Premiership Wen's attitudes towards political reform seemed ambivalent. He has remarked that "the socialist system will continue in China for the next 100 years",[30] although later in a Press Conference at the 2007 National People's Congress, he stated that "democracy is one of the basic goals of the socialist system". Furthermore, in an interview in September 2008, Wen acknowledged that the democratic system in China needs to be improved, where the power "truly belongs to the people" through the construction of an independent judicial system and for the government to accept criticism from the people.[31] Wen, seen as a former ally of Premier Zhao Ziyang, is likely supportive of the latter's political rehabilitation. However, Wen has rarely mentioned Zhao publicly during his premiership. When asked by CNN whether or not China will liberalize for free elections in the next 25 years, Wen stated that it would be "hard to predict."

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People who can't distinguish between etymology and entomology bug me in ways I cannot put into words.

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Sir lastnail

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Re: Who really created the chinese economic monster ?
Reply #6 - Jan 26^th, 2016 at 2:38pm

cods wrote on Jan 26^th, 2016 at 11:27am:

freediver wrote on Jan 26^th, 2016 at 10:51am:

The Chinese built it with economic reform. The political reform is almost inevitable. Some would argue it is already happening. The Chinese communist party turning to capitalism is hardly insignificant.

they have woken up

MONEY..

IS

... EVERYTHING>

Yes the West gave it to them and now we sell them our real estate and farms and just serve each other cups of coffee for a living. That's just great !!

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freediver Gold Member Offline www.ozpolitic.com Posts: 52705 At my desk.	Re: Who really created the chinese economic monster ? Reply #7 - Jan 26^th, 2016 at 2:40pm A large part of our recent boom was attributable to the rising Chinese middle class. Even our graziers are starting to benefit now that they can afford to eat meat. We want them to be rich and it is not a one-way street. It is not possible for it to be a one-way street.
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Sir lastnail

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Re: Who really created the chinese economic monster ?
Reply #8 - Jan 26^th, 2016 at 2:44pm

freediver wrote on Jan 26^th, 2016 at 2:35pm:

https://en.wikipedia.org/wiki/Wen_Jiabao

In the first term of his Premiership Wen's attitudes towards political reform seemed ambivalent. He has remarked that "the socialist system will continue in China for the next 100 years",[30] although later in a Press Conference at the 2007 National People's Congress, he stated that "democracy is one of the basic goals of the socialist system". Furthermore, in an interview in September 2008, Wen acknowledged that the democratic system in China needs to be improved, where the power "truly belongs to the people" through the construction of an independent judicial system and for the government to accept criticism from the people.[31] Wen, seen as a former ally of Premier Zhao Ziyang, is likely supportive of the latter's political rehabilitation. However, Wen has rarely mentioned Zhao publicly during his premiership. When asked by CNN whether or not China will liberalize for free elections in the next 25 years, Wen stated that it would be "hard to predict."

You are forgetting how the so called reformed government has managed to line its own pockets with billions Sad

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freediver Gold Member Offline www.ozpolitic.com Posts: 52705 At my desk.	Re: Who really created the chinese economic monster ? Reply #9 - Jan 26^th, 2016 at 2:57pm What makes you think that?
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Sir lastnail Gold Member Offline Australian Politics Posts: 30900 Gender:	Re: Who really created the chinese economic monster ? Reply #10 - Jan 27^th, 2016 at 10:32am freediver wrote on Jan 26^th, 2016 at 2:57pm: What makes you think that? It's a well reported fact !!
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freediver Gold Member Offline www.ozpolitic.com Posts: 52705 At my desk.	Re: Who really created the chinese economic monster ? Reply #11 - Jan 27^th, 2016 at 9:29pm My forgetfulness makes the media these days?
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random Gold Member Offline Australian Politics Posts: 2637 Gender:	Re: Who really created the chinese economic monster ? Reply #12 - Jan 28^th, 2016 at 7:29am It's about corruption. Why else would such massive construction occur, for cities that no one wants? Kick-backs and scams
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aquascoot

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Re: Who really created the chinese economic monster ?
Reply #13 - Jan 28^th, 2016 at 7:44am

Look no further then the western consumer.
If he did not feel the need to feed his ego by filling his house with "stuff" , this would never happen.

When the consumer is willing to admit that it is HIS / HER fault, this nonsense will cease.

The Ivory trade is barbaric. Is it totally the fault of the poachers?
Do not the moronic consumers who pay for ivory to fill their own , low-conscious ego's, also bear some of the blame.

Do you own an iphone, wear chinese made clothing, use chinese electronics, benefit from the economic boom selling coal and iron ore to china which pays for australian welfare, hospitals and schools.

Lets try and get the consumer to use some mindfulness please and share in the guilt

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beer

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Re: Who really created the chinese economic monster ?
Reply #14 - Jan 28^th, 2016 at 7:58am

random wrote on Jan 28^th, 2016 at 7:29am:

It's about corruption. Why else would such massive construction occur, for cities that no one wants? Kick-backs and scams

Don't be naive, there are ghost towns but not everywhere. When you have 1.4b people need to upgrade living conditions in a decade, massive construction is expected.

China produced 0.9b ton raw steel and more than 1b m2 properties last year. Even 1% of these are enough to build hundreds of ghost towns in Austrlia scale. So you need to understand the size of it first.

Corruption is catalyst in Chinese economy, it forms anti-centralization political power, i.e. anti- dictatorship power. Overall, people benefits from it if comparing to pure communist beaurocratic central controlled economy.

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