huangthomas

Chinese Youth Will Propel Economic and Political Changes

The newly graduated youth have hard time finding jobs. The title of the post should be "How to spend your parents savings!".

Please send Ms Rosy Scenario home. We need her here in the US. And don't forget to bring back a copies of her famous report "Decoupling".

The Great Firewall of China Faces Challenge During Olympics

It is not a communist state, but a Leninist state. One party, the Chinese communist party, controls all state apparatus and monopolize all major enterprises. The post-Mao era leaderships are all progressive reformists. The first generation leadership of Hu and Zhao, was toppled in Tian An Men Square incidence in June 4, 1989 by the conservative communist establishment. The old guard once attempted at Zhao's life by staging a land-slide in Sichuan province where he was very active reformer before being called to serve in the central government. They are progressive reformists, but they could not move the bureaucratic communist establishment. The current leader Hu Jintao is also a progressive reformist installed by Deng Xiaopin and Hu Yaoban. He is fully aware of the inefficiency and corruption in the communist apparatus, but very cautious in dealing with the old guards. In order to preserve stability, Olympic game actually hinders the pace of political, economic and judicial reform. Politically, it is still a dictatorship, but Mao-style dictatorship is probably gone forever.

China Stocks: Still No Sign of a Bottom

Do you know what "DaFei(大非) or XiaoFei(小非) is and how that is going to affect A-share market price? Do more home work!