From: mte152s@vaxc.cc.monash.edu.au
Newsgroups: soc.culture.china
Subject: Re: China's Economy at A glance
Date: 19 Nov 92 22:54:08 GMT
Article-I.D.: vaxc.1992Nov19.115408.90645
Organization: Computer Centre, Monash University, Australia

In article <RON.92Nov13204042@wc07.yorku.ca>, ron@wc07.yorku.ca (Ron Sheese) writes:
> Nice posting, number of stuff deleted for relative shortness.
> 
> 
> ### "SHU" == mte152s  <mte152s@vaxc.cc.monash.edu.au> writes:
> 
> SHU% is not totally functional yet. The world economy will not help this very much
> SHU% either, with the depressed export market and the Clinton's US threatening to
> SHU% revoke China's MFN trading status.
> 
> 	MFN status for China is in real danger I think.  Politics and
> democracy is an excuse, the real reason is Chinese actual large export
> surplus to USA.  If on the contrary, US has a large export surplus to
> China, I'm pretty sure the humanlity will be considered as a minus
> factor by the US goverment.
> 
> 
> SHU% The data: Chinese economy is growing at a speed of 12% at the moment, inflation
> SHU% is 5% nation wide but may be up to 10% in large cities. export growth at 20%
> SHU% with a healthy surplus. Retail increases at 14% and foreign investment increase
> SHU% 230% over last year.
> 
> 	Which value is growing rate calculated on, US$, RMB?  Should
> this rate consider the inflation rate?  For the jump in foreign
> investment we have to consider the reluctance of foreign investors in
> the previous year.  In which years did the foreign investment have the
> highest hit?
> 
> 
> SHU% In the Chinese bureucrcy and academia, most hold a optimistic view, with
> SHU% certain elements cautioning against too much credit. This results in a slight
> SHU% tightening of credit during the last half of the year.
> 
> 	Back to the end of 1988, the goverment warned the people to
> prepare harder living due to the reconfigaration of the current
> economy.  The goverment may be too eager to build a better image to
> people after 1989.  From the conrespondences to China, I find people
> there enjoy a better life and higher hope.  It looks like the
> goverment still keep some consciousness to hold the economy back.  Any
> way, the government looks doing good after 1989.
> 
> My main concern is China does not have a good economic structure at
> the present time yet.
> 
> I have a dream, that one day China ... (can't recite any more :-))
> 
> BTW, Could you kindly let us know your background on this aspect and
> how you could have the above cited information?
> 
> --
> This a non-colourful .sig like me.  people hate to be usual.
> ming he		ron@reader.yorku.ca


Hi, there, thank you for your interest in this.

The sources from which I obtained the above info are:

1) AsiaWeek, a Journal
2) Far Eastern Economic review
3) Country profiles (Australian semi-government publications, mainly citing
	from Economic Intelligence Unit, I thing a British one)
4) Financial Review;

In fact, news about China is incrasingly appearing in the financial and
economic section of the world newspaper (which will carry some data, you can
collect). I am very pleased China in increasing interested in producing rather
than revolution / revolts, which typically in the front pages, such as those
of CIS, Yugoslavia, middle east, or Pattern's HK.

Interesting, Japan does not make much political headlines (except the recent
scandals), it prefer to appear in financial and economic section.

David
Newsgroups: soc.culture.china