一路 BBS

 找回密码
 注册
搜索
查看: 918|回复: 0
打印 上一主题 下一主题

Saying No to Growth in China

[复制链接]
跳转到指定楼层
楼主
发表于 11-7-2012 12:55:51 | 只看该作者 回帖奖励 |倒序浏览 |阅读模式
Keith Bradsher, Saying No to Growth in China; Facing protests, business investment may be cooling. New York Times, Nov 7, 2012.
http://www.nytimes.com/2012/11/0 ... may-be-cooling.html

Excerpt in the window of print: Fearful that new factories will harm the environment.

Quote:

(a) "Investment reached 46 percent of China’s economic output last year. By comparison, Japan’s investment rate peaked at 36 percent, which it reached in the early 1970s; South Korea topped out at 39 percent in the late 1980s.

"Growth in Japan and South Korea started to slow and eventually tumbled after investment peaked. The big question now is when China will run into the same limits, and how rapidly change will take place, said Diana Choyleva, an economist at Lombard Street Research in Hong Kong. 'The potential for a big crisis is always there,' she said.

(b) "the rising tide of protests against big investment projects [read: chemical plants] may put pressure on Beijing to move faster [toward more reliance on consumption to sustain growth]. Almost every region of China has been affected within the last year or so [by similar protests]

(c) Shifang "had hoped to create more jobs for its young people * * * Yet many youths joined the protests here in July, with some even traveling from nearby towns, and the recent Ningbo protests also attracted many youths. The re-emergence of youth protests is surprising

Note:
(a) Shifang  四川省德阳市 什邡市
(b) ZHU Fushou, the chief executive of Dongfeng Motor Corporation
朱 福寿/ 东风汽车公司
http://en.wikipedia.org/wiki/Shifang
回复

使用道具 举报

您需要登录后才可以回帖 登录 | 注册

本版积分规则

快速回复 返回顶部 返回列表