From: "micky wong" <micky.wong@canrem.com>
Subject: china's economic structur
Reply-To: "micky wong" <micky.wong@canrem.com>
Organization: Canada Remote Systems
Distribution: talk
Date: 10 Nov 92 01:32:11 EST

In article: <Bx8qn2.CoH@usenet.ucs.indiana.edu>
   Subject: China's economic struct... an analysis
      From: achen@bronze.ucs.indiana.edu (achen) writes:

lines deleted.

AA> Before Tienamann, China's economy was overheating.
AA> Inflation had increased to an unacceptable range of
AA> being in the double digits.  After Tienamann,
AA> inflation was cut drastically to only approximately 2%.
AA> The pre-Tienamann decline in real GNP growth was reversed.
AA> The current account balance switched from negative -4.3 $bn
AA> to +12.0 $bn, and the gold reserves growth started to
AA> regain strength.

China's economy can overheat at any moment even today.

The current account surplus is the result of the reform, which brought
the fruits of exporting from the special economic zones, not the result
of hardliners policy. Otherwise, on the CCP's 14th congress, we will not
be able to see signs that the reformers are gaining ground.

The problem is: how much of these money are used constructively to
benefit the Chinese mass, to spend on rebuilding the overly neglected
education system?

How much of these money are robbed by corrupted CCP's officials?

According to CCP's member of politburo Qiao She, who is responsible
for party descipline, on the everage, there are 2 million cases of
people's complain reach Beijing every year, ninety percent of these
involves corruptions or unjust of party member or party leadership.

In 1989 and 1990, of those convicted economic crimes of
corruption, bribery and profiteer, close to 75% involved party members
or party cadres.

AA> One conclusion one can get from this analysis is that
AA> the path towards progress is a bloody one.  It is up
AA> to future generations to decide whether or not the
AA> death of a few thousand students (possibly misguided
AA> and used by the West) was an acceptible price to pay
AA> for progress of the nation as a whole.  It may be
AA> highly probable that in the minds of the hundreds
AA> of millions of farmers and workers of China, who did
AA> not have the "privilege" nor the luck to be able to
AA> get a university education, that this may be an
AA> acceptible price to pay.    ^^^^^^^^^^^^^^^^^^^
     ^^^^^^^^^^^^^^^^^^^^^^^^
"To kill all the Jews, was an acceptable price to pay for a thousand
years prosperity of the 3rd Reich" to Hitler and his followers!

"To kill 20 million Chinese, and tens of thousands of people in the Far
East Asia, was an acceptable price to pay for the <Great East Asia
Sphere of Prosperity>" for Tojo and Japanese war lords.

"To kill all the landlords and their families, (include enfants and
children) in China, kill all the anti-revolutionaries for a paradise of
Communism" was acceptable to CCP and many of its followers in the early
50's

"To starve over 20 million chinese to death, for a magical (Great Leap
Forward> towards a mirage of communist paradise" was acceptable to Mao
in the early 60's.

"To kill every city people to rebuilt a new Cambodia" was acceptable to
CCP's dear comrade Pol-Pot!

................

The evils of the 20th Century, Communism and Nazism has many things in
common, one of the most obvious one, is their lack of respect to human
life! Another is their ease at use the end to justify their means.

As the human race is approaching the end of the 20th century, the death
of Communism and Nazism is inevitable development of history, your above
view can only be deemed as the dying hiss of those two evils.

AA> Since a university education is in all practicality
AA> government supported in China, each university student
AA> is indirectly supported by thousands of workers and
AA> farmers.  It is likey that these workers and farmers
AA> will have little sympathy for these students, especially
AA> those who, after they complete their undergraduate
AA> studies in China, go off to another country and never
AA> returning to China to pay off their debt to society.

Obviously, you are a new arrival from China, this view has been
refuted repeatedly on the SCC. There is no need for me to humiliate you
on this issue again!
---
 MegaMail 2.1 #0:
--
Canada Remote Systems  - Toronto, Ontario
World's Largest PCBOARD System - 416-629-7000/629-7044
Newsgroups: talk.politics.china