Author: voice_cd

WSJ interviews Chinese President   [Copy link] 中文

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Post time 2015-9-23 18:24:36 |Display all floors
Xi Jiping answers o the NYT questions were well written and deliver a very positive and hopeful message.

USA, China and other countries can continue to build on the great progress made by China over the last 30 years by cooperation between these great countries and the people that live in them.  

By working together we can deepen the trust and success of all countries and work toward our shared goal of world peace and a better standard of life for all.

Attitude : Life is 10 percent what happens to you,  and 90 percent how you react to it.

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Post time 2015-9-23 21:17:25 |Display all floors
abramicus Post time: 2015-9-23 11:56
Overall, well written.

However, Consumption-Driven Economics is unsustainable.

Consumption driven economy is sustainable and can last a very long time as long as there are cheap energy available.   The key to consumption driven economy is to build affordable housing which only cost less than 3 or 4 times annual incomes of average wage earner in the cities.   Singapore and Japan have very high consumption driven economy which have lasted a very long time more time.

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Post time 2015-9-24 00:29:31 |Display all floors
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Post time 2015-9-24 14:06:37 |Display all floors
bushier Post time: 2015-9-23 21:17
Consumption driven economy is sustainable and can last a very long time as long as there are cheap ...

Sorry, you are wrong both in theory and in praxis.

In theory, because no matter how you try to complicate the picture, if you consume more than what you produce, you have to consume what others produce, which you can obtain only by using your savings to buy, borrowing from others to buy what they produce, or you steal from them by force or by fraud.  There is no way out of this IRON-CLAD LOGIC, whoever you are, whether you are Li Keqiang or Xi Jinping.  You cannot make 3-1-1-1=1.  Period.

In practice, because Singapore was growing fastest when it was a producer-driven economy, as was Japan.  When they became lax and more used to enjoying their wealth, their growth rate declined.  Japan's has declined more than Singapore's such that without China giving Japan all the advantages of a lower exchange rate of 50% compared to 2012, Japan right now would be a country of beggars.  Instead, China is making beggars out of its workers, and forcing its factories to shut down, so that Japan's can survive.  Treason.

Let us see what other reasons China's Japanese Lover Boys have to say to cover up their brazen attempt to force China into recession, bankruptcy and foreign indebtedness, all of which are going on right now, in the name of hahaha, hahaha, hahaha, "defending" the treasonous OVERVALUATION OF THE YUAN TO THIS DAY.

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Post time 2015-9-27 09:15:32 |Display all floors
raton Post time: 2015-9-22 23:22
Mr Xi is not going to answer westerns stupid question, as a leader of the most powerful nation in  ...

Friend, your view seems too strong.

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Post time 2015-9-27 10:47:31 |Display all floors
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Post time 2015-9-27 16:36:28 |Display all floors
raton Post time: 2015-9-27 10:47
Mr Xi is the leader of the most powerful nation in the world, he is not going to bow to small (USA ...

Ok, I got it. Thanks.

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