20111204 Follow Me 208 Fragile China

像是文章里面说的，关键的是政策如何去疏导这些释放的资金。

用我们老师的话，就是制度！制度的改革和创新，才是中小企业能够得到融资的关键。

In my mind, domestic demands mainly include three blocks, real estate, education and cars.
As for real estate, the market is approaching a satuation level, or, at least not so large demand as before.
As for cars, many households want to hold at least one, but the road is too crowded and the most needed place often has the policy of car limitation, such as Beijing and Shanghai.
As for education, the younger generation is mainly the only child in the family. Some children can choose to study abroad, which will decrease domestic consumption. I just read the news today that Chinese get average lower SAT scores than Americans. I guess that's because these children belong to the wealthy family and do not need to worry about scores. They don't need to take college entrance examination in China, just hoping to pay for education abroad, no wonder they get low marks.

On the other hand, we can export our education industry abroad and enroll foreign students. We can export cars and other heavy machines abroad instead of trival consumption goods such as shoes and clothes. And the most important thing is to fully develop technology and apply it into practice.

The author of this article is undoubtedly from western 'cause all he wants to express in this article is that China should appreciate its RMB and do something to help Europe and U.S. even at the price of not considering Chinese domestic situation. However, his point is hidden in encouraging domestic consumption as we all know that Gov't failed to do things to help boost domestic consumption although it mentioned a lot. We should hear different voices and tell the right points from those confusing us. Our policy maker should also be prudent and smart  enough to get the right policies.

its main problem is lack of  any treatment available!

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我也认为人民币应该升值，中国出口的形式应该改变。改变带来的阵疼总是难免的，但是长疼不如短痛，主动改变总比被动改变强。

难受啊！

bjmayi 发表于 2011-12-4 10:34
人民币升值, 对富人来讲, 是好事. 资产增值, 有更多的钱去购买国外资产, 去移民. 但对老百姓来讲, 我吃喝都 ...

分析的很好。

Just as important, however, is the crisis in the eurozone. Beijing’s growth model is still largely export-led and its main trade partner is the European Union.

Chinese government should give back wealth to Chinese people to stimulate domestic demand!

good

就当学习了。。。。。