China in ‘crucial’ restructuring stage, ‘much needed to sustain economic growth’

Sunday, September 15th 2013 - 18:10 UTC

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China's economy is going through a “crucial” stage of restructuring, says the country's Premier, Li Keqiang. Speaking at the World Economic Forum in the Chinese port city of Dalian, Mr Li pledged to improve relations with foreign firms. Read full article

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Anglotino
Hmmmm!

China always hits its growth targets! How is that for aim?

And as for government debt, it doesn't matter what an audit said last year; in the last week of July this year, Chinese government called for an urgent audit to find out exactly how big this debt was. The National Audit Office was to place every other task on hold and focus on this.

”10.7 trillion Yuan (1.6tn dollars)” is the pretend figure that everyone fawns over, not the real figure that everyone is scared of.
Sep 15th, 2013 - 09:25 pm - Link - Report abuse 0
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ChrisR
@ 1 Anglotino

I agree, ChINDEC figures are untrustworthy to say the least.

Secretive, the Chin, and it's anybody’s guess what the real figures are.
Sep 16th, 2013 - 01:05 pm - Link - Report abuse 0
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yankeeboy
You can only steal so much farmland from people to give to developers. Eventually it will run out.
My guess is it ran out last year and that is why they're so panicked.
I am not sure they can make it through this transition and keep the people happy. Once the civil unrest moves to the large E coast cities they are screwed.
It will be interesting to watch people don't like when they get a little taste of freedom usually they want it all.
Sep 17th, 2013 - 11:40 am - Link - Report abuse 0
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