PMH 0.00% 26.0¢ pacmag metals limited

China CANNOT have an economic, a growth slowdown. The Government...

  1. 717 Posts.
    China CANNOT have an economic, a growth slowdown. The Government faces insurmountable dificulties, with the present 10% annual growth to control the situation in semi-urban areas, which represent about represent about 30% of the population (400+ million peaople), with protesters wanting better economic conditions, higher wages, and more advanced living standards. With the spread of the Media (electronic and print) even Chinese in the Far West (literally and metaphorically), know now that their fellow workers in the East leave much better and they also demand similar conditions. This can ONLY BE ACHIEVED by a continuous growth of at least 10% for at least another decade which will require the development of the non existent (presently) infrastructure, not to name the personal lifestyle improvement of the people in the vast Central, South, and West of China....
    In a nutshell:
    The biggest problem Beijing is faced with now is stability. The only way they will have stability is by improving the peoples lifestyles. That can only be achieved by at least 10% annual economic\development growth for many years......

    PS. Similar situation and problems exist in India.
 
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