c**i 发帖数: 6973 | 1 (1) Jamil Anderlini, China's State Sector Urged to Prop Up Cooling Economy.
FT, Dec, 27, 2008.
Quote:
"'Technocratic ideology'--the belief that for one reason or another the
government is better suited to run the commanding heights of the economy--is
very strong in China, said Yasheng Huang, a management professor at MIT and
author of the recent book Capitalism with Chinese Characteristics.
My comment: This is the only sentence in hte report that is worth reading;
the rest is predictable. I am i | c**i 发帖数: 6973 | 2 Today's news:
(1) Why am I against government bailout? Because it is an bottomless pit:
The same company needs more and more; company after company, industry after
industry. Both labor and management just relax, waiting for bailout.
Jamil Anderlini, Beijing more than doubles China Eastern rescue package;
carrier bailed out to tune of Rmb 7bn; weaker demand and hedging losses bite
. Financial Times, Dec. 30, 2008.
http://www.ft.com/cms/s/0/516dd42c-d612-11dd-a9cc-000077b07658.html?nclick_check=1 |
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