Sunday, July 03, 2011

China: Links and Threads

As the world's second largest economic system and an expanding regional military power, China plays an important role as an East Asian would-be hegemon and as an international power broker. It is not easy to keep up with where China is attempting to go, but it is worth an attempt.

China's Hidden Debt

Could China be the next Greece?

How China's regional banks hide loans and transactions

China's Demographic Transition to Senescence

Economics of an aging population

China's Internal Discord

How much longer can the Chinese Communist Party last?

Frustrated Chinese migrant workers rise up

Many Chinese workers unhappy with conditions

Autocratic CCP Rule Kills Creativity and Innovation

How China Kills Creativity

China needs more former British colonies like Hong Kong

More Foreign Companies Abandon China

Surging China Costs Driving Companies Away

China Bumps Up Against Resistance from Neighbors

Beijing's Territorial Claims Being Challenged

China's government has published very impressive economic growth numbers for many years running -- even in the midst of a global financial collapse. It is well to give the Chinese government the benefit of the doubt, given its massive cash reserves and impressive and shiny new buildings in Shanghai etc.

On the other hand, it is easy for outside observers to be fooled by superficial appearances. If westerners learned anything from the great collapse and fall of the USSR and Eastern European Communism, it should have been to never blindly trust facades.

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