Article

2012-08-26 China-Japan-Koreas

China announces £800bn stimulus to boost confidence

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Posted by tipper 2012-08-26 17:33|| || Front Page|| [7 views ] Top

#1 Yeah... cuz stimulus works sooooo well.

Posted by DarthVader 2012-08-26 18:27|| 2012-08-26 18:27|| Front Page Top

#2 Yeah, that whole stimulus thing worked so very well for us.

If nothing else, this certainly shows how tightly tied our economies are - And will hopefully reinforce both nations' desire to avoid armed conflict.

Orion

Posted by Orion 2012-08-26 18:54|| 2012-08-26 18:54|| Front Page Top

#3 The Chinese will save their money. Purchase gold and hoard it. They are trying to turn the Chinese into consumers. Not going to happen. Give the money to Europe and tie up manufacturing in a long term deal to corner the market. This will keep their factories going and people working. Problem is they are in the process of automation to reduce need of workers. Aw growing pains. Unions, benefits, higher wages, EPA and other western ailments. Paradise lost so soon.

Posted by Dale 2012-08-26 20:32|| 2012-08-26 20:32|| Front Page Top

#4 It still comes down to how much China's one-party state - "tolerant" or flexible as it is or claims to be - is willing to de facto decentralize + liberalize, etc. in order to improve + expand their economy.

E.G. CHINESE MILITARY FORUM > CHINESE BROKEN DREAMS FOR NEW UNDERGRADUATES | [Al-Jazeera] CHINA: BROKEN DREAMS.

ARTIC denotes that ...
> 25.0Milyuhn young Chinese are on the constant prowl = search for jobs. Most will end up frustrated or disappointed.
> Young Chinese office workers are unhappy due to personal or job insecurities.

IMO, IOW they don't have trust in either their jobs or the Chinese economic boom to last long enough to make it worth their time + effort.

> Many reside in so-called "Ant Tribes" whose members are educated and dedicated, while also being excessively overworked and underpaid.

Posted by JosephMendiola 2012-08-26 22:17|| 2012-08-26 22:17|| Front Page Top

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