Posts tagged ‘China’

Wednesday, February 10, 2016

Concerning the Korean Peninsula: Close Communication and Coordination

From the Memos – you may find identical, but, but also different phrases, in the Chinese (Xinhua) communiqués concerning Xi Jinping’s phone talks with the South Korean (1) and the American (3) presidents, respectively.

1. Telcon Park / Xi, Chinese Communiqué

Link: Xi Jinping’s Phone Conversation with South Korean President Park Geun-hye

习近平同韩国总统朴槿惠通电话

February 5, 2016, source: Xinhua

2016年02月05日 23:45:52 来源: 新华社

Xinhua, Beijing, February 5 — State Chairman Xi Jinping had a phone conversation with South Korean President Park Geun-hye on February 5. The two leaders exchanged lunar new year compliments and agreed to jointly promote the continuous improvement of Sino-South Korean relations to new levels.

新华社北京2月5日电 国家主席习近平5日同韩国总统朴槿惠通电话。两国领导人互致农历新年问候和祝福,同意共同推动中韩双边关系不断提高到新水平。

Xi Jinping pointed out that with the efforts of both sides, Sino-South Korean relations had achieved fruitful development. Mutual political trust and exchange and cooperation between the two countries in all areas was becoming closer day by day, the Sino-South Korean fre-trade agreement had officially taken effect and brought the peoples of both countries practical advantages, cultural exchanges were gratifying, both countries were linking their respective development strategies [to each others‘], maintaining close communication and coordination on international and regional issues. I want, together with President Park Geun-hye, continue the joint work to guide Sino-South Korean relations in all areas, to promote the continuous improvement of bilateral relations to new levels.

习近平指出,在双方共同努力下,中韩关系发展取得丰硕成果。两国政治互信和各领域交流合作日益密切,中韩自由贸易协定正式生效并给两国人民带来 实实在在的好处,人文交流呈现可喜局面,双方推动各自国家发展战略对接,在重大国际和地区问题上保持密切沟通和协调。我愿继续同总统女士共同指导好中韩关 系各领域工作,推动双边关系不断提高到新水平。

Park Geun-hye said that South Korea attached great importance to South Korean-Chinese relations, working for joint efforts with China, promoting the deepening of South Korean-Chinese cooperation in all areas. It was very important that the two countries‘ leaders maintained frequent contact on issues of mutual concern. South Korea was seriously concerned about North Korea’s recent fourth nuclear test and ist announcement to carry out another missile test. South Korea hoped that the international community would coordinate closely, and that the Security Council would, as quickly as possible, issue a reaction, to respond effectively to the current situation on the [Korean] peninsula.

朴槿惠表示,韩方高度重视韩中关系,致力于同中方共同努力,推进韩中各领域合作深入发展。两国领导人就共同关心的问题保持经常接触非常重要。韩 方对朝鲜不久前进行第四次核试验并宣布将再次进行发射活动表示严重关切。韩方希望国际社会密切协调,希望安理会尽快作出反应,有效应对当前半岛局势。

Xi Jinping emphasized that China would, in any situation, make resolute efforts to achieve the denuclearization of the peninsula, make resolute efforts to safeguard peace and stability on the peninsula, and maintain resolution of issues thourgh dialogue and consultation. This was in line with the fundamental interests of all north-east Asian countries, including China’s and South Korea’s. The peninsula must not have nuclear weapons, and no war or chaos must occur. We hope that all parties concerned will set out from the general situation of maintaining peace and stability on the peninsula, react with cool heads to the current situation, always maintaining the correct path of dialogue and consultations. China wants to maintain communication and coordination with South Korea, concerning the peninsula issue.

习近平强调,中方在任何情况下都坚定致力于实现半岛无核化,坚定致力于维护半岛和平稳定,坚持通过对话协商解决问题。这符合包括中韩在内东北亚 各国的共同利益。半岛不能有核,也不能生战生乱。我们希望有关各方从维护半岛和平稳定大局出发,冷静应对当前形势,始终坚持对话协商的正确方向。中方愿就 半岛问题继续同韩方保持沟通和协调。

Editor in charge: Qian Zhongbin

[责任编辑: 钱中兵 ]

2. Telephone Conversation Park / Xi, Blue House Communiqué

Link: Yonhap (Chinese), February 5

According to the South Korean presidential palace, the Blue House, President Park Geun-hye took a phone call from Chinese State Chairman Xi Jinping at 9 p.m., to exchange views about plans for a response to North Korea’s fourth nuclear test and its “missile launch”, about the situation on the Korean peninsula, the development of ,South Korean-Chinese relations, etc.. In the course of the 45-minutes phone call, Park Geun-hye called on China to provide support for the strong sanctions against North Korea, drafted and adopted by the UN Security Council.

韩联社首尔2月5日电 据韩国总统府青瓦台5日消息,总统朴槿惠当晚9时应邀同中国国家主席习近平通电话,就朝鲜第四次核试验、朝鲜“射弹”计划应对方案、韩半岛局势、韩中关系发展方案等交换了意见。在时长45分钟的通话过程中,朴槿惠呼吁中方对联合国安理会制定并通过强有力的对朝制裁决议给予支持。

During the phone call, Park emphasized that North Korea’s provocations constituted a threat for the Korean peninsula, north-east Asia, and the whole world. This time, the international community should take take action against North Korea as a strong signal, to make [Pyongyang] change its attitude, as in the UN Security Council’s drafted and adopted strong, practical and effective resolution. Park Geun-hye said as one of the permanent members of the UN Security Council, and [as a country] with many means at hand to react to the North Korea issue, she hoped that China would play an active role to help the international community to strongly sanction North Korea.

朴槿惠在电话中强调,朝鲜发起的挑衅对韩半岛、东北亚乃至全球和平构成威胁,这次国际社会应该及时采取行动向朝鲜释放强烈信号促使其改变态度,如联合国安 理会制定并通过强而有力、切实有效的制裁决议。朴槿惠说,中国是安理会常任理事国之一,且拥有应对朝鲜问题的多种方法,希望中方积极协助国际社会强力制裁 朝鲜。

According to content bilaterally agreed to by the Korean and Chinese side, the Blue House did not disclose what Xi Jinping said during the phone call. Officials at the Blue House said that according to an understanding between South Korea and China under the current circumstances, both sides would issue statements with their respective own leader’s [communications] as the main content.

根据韩中双方商定的内容,青瓦台没有透露习近平电话中的发言内容。青瓦台有关负责人对此表示,韩中双方在相互谅解的情况下,就以本国领导人的发言内容为主公开通话情况达成了一致。

The two leaders had this exchange a month after North Korea’s sixth nuclear test on January 6. This was the first time that Xi Jinping exchanged views, concerning the North Korean nuclear testing and missile launch etc. issues, with a foreign leader. It is also the first phone call between a South Korean and a Chinese leader concerning the series of nuclear tests conducted by North Korea. North Korea had previously conducted nuclear tests in October 2006, May 2009, and February 2013. After these three nuclear tests, South Korean and Chinese leaders hadn‘t made phone calls to discuss relevant issues.

两位领导人自朝鲜1月6日进行第四次核试验后时隔1个月通电话就有关问题进行交流,这是习近平第一次与海外领导人就朝鲜核试与射弹等问题交换意见,也是韩中领导人在朝鲜历次进行核试验后第一次通电话。朝鲜曾在2006年10月、2009年5月、2013年2月进行核试验,这三次核试后韩中领导人并没有通电话商讨相关问题。

On February 2, North Korea informed the ICAO, the IMO and the ITU about its “satellite-launching” plan, saying that in accordance with national space development plan, it had decided to launch an earth observation satellite named “Shining Star”. The launching date would be some time from February 8 to February 25, at between 7 and 12 a.m. Pyongyang time (6:30 to 11:30 a.m. Beijing time).

2月2日,朝鲜向国际民用航空组织(ICAO)、国际海事组织(IMO)和国际电信联盟(ITU)通报其“卫星”发射计划,称依据国家宇宙开发计划决定发射地球观测卫星“光明星”。发射日期在2月8日至25日之间,发射时间在平壤时间上午7时至12时之间(北京时间上午6点半到11点半)。(完)

On February 5, Lee Seong-hyon, a researcher, portrayed president Park Geun-hye as having been very optimistic about building a successful working partnership with Xi Jinping, even to the point of expecting Chinese support for a Seoul-led unification of the two Koreas. Lee also offered explanations as to why her expectations had been too high.

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Related

Park, Xi discuss NK threats, The Korea Times, Febr 5/6, 2016
China still unprepared, Yonhap, Febr 6, 2016

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3. Telephone Conversation Obama / Xi, Chinese Communiqué

Link: Xi Jinping’s Phone Conversation with American President Barack Obama

习近平应约同美国总统奥巴马通话

February 6, 2016, source: Xinhua

2016年02月06日 01:37:07 来源: 新华社

Xinhua, February 5 — State Chairman Xi Jinping took a telephone call from American President Barack Obama. The two leaders exchanged spring festival compliments.

新华社北京2月5日电 国家主席习近平5日应约同美国总统奥巴马通话,两国领导人互致新春问候和祝福。

Xi Jinping pointed out that during the past year, with both sides‘ combined efforts, Sino-American relations had made significant progress. In the current situation, China and America must cooperate, and cooperation is possible on many issues. China wants to work side by side with America, to continue deepening cooperation in all areas, strengthen communication and coordination on international, regional and global issues, and promote the continuation of healthy and stable development of Sino-American relations.

习近平指出,过去一年,在双方共同努力下,中美关系取得重要进展。当前形势下,中美两国需要合作、能够合作的事情很多。中方愿同美方一道,继续深化各领域务实合作,加强在国际、地区、全球性问题上的沟通和协调,推动中美关系持续健康稳定发展。

Barack Obama said that he was very happy to talk with Chairman Xi Jinping as Chinese lunar new year was nearing, and hoped that American-Chinese relations would make new progress, that both sides would continue to work together, deepen cooperation, to advance peace, security and prosperity of their two countries and of the international community. America was seriously concerned about North Korea once again conducting a nuclear test and announcing missile test activities, and hoped that the international community would strengthen coordination, promoting the adoption of measures by the United Nations Security Council, to respond effectively to this situation. To this end, America wanted to strengthen cooperation with China.

奥巴马表示,很高兴在中国农历新年即将来临之际同习近平主席通话,希望美中关系取得新的进展,双方继续携手努力,深化合作,共同促进两国和国际 社会和平、安全、繁荣。美方对朝鲜再次进行核试验并宣布将进行发射活动有严重关切,希望国际社会加强协调,推动联合国安理会采取措施,有效应对这一局面。 美方愿就此加强同中方合作。

Xi Jinping emphasized that currently, the situation on the Korean peninsula was complicated and sensitive. China maintained the goal of a nuclear-free Korean peninsula, advocated efforts to solve problems through dialogue and consultations, safeguarding peace and stability on the peninsula, which would be in line with every party’s fundamental interests. China endorsed the relevant UN Security Council resolutions and the international nuclear non-proliferation system, and wanted to maintain communication and coordination with all parties on this matter, including America.

习近平强调,当前,半岛形势复杂敏感。中方坚持半岛无核化目标,主张致力于通过对话协商解决问题,维护半岛和平稳定,这符合各方根本利益。中方赞成维护联合国安理会有关决议和国际核不扩散体系,愿同包括美方在内的有关各方就此保持沟通和协调。

Editor in charge: Qian Zhongbin

[责任编辑: 钱中兵 ]

4. Telephone Conversation Obama / Xi, White House Communiqué

Link: The White House

Office of the Press Secretary

For Immediate Release

February 05, 2016

Readout of the President’s Call with President Xi Jinping of China

The President today spoke by phone with President Xi Jinping of China to coordinate efforts in responding to North Korea’s January 6 nuclear test. Both leaders reaffirmed their commitment to the complete and verifiable denuclearization of the Korean Peninsula. Both leaders also conveyed that they will not accept North Korea as a nuclear weapon state. They agreed that North Korea’s planned ballistic missile test would contravene multiple U.N. Security Council resolutions and represent another provocative and destabilizing action. Finally, the leaders emphasized the importance of a strong and united international response to North Korea’s provocations, including through an impactful UN Security Council Resolution.

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Want more? Continue reading there.

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Sunday, February 7, 2016

Blogroll, Syria Peace Conference, Etc.

1. Blogroll

Only some of the (formerly) many links on the masthead to the right have worked in recent months. So I’ve made up my mind and built an extra page – Blogroll, see »there.

2. Syria Peace Conference

The good news is that “regime change” is not a terribly easy business anymore. In the long run, that could serve global peace rather well.

The bad news is legion.

But peace is always possible, as demonstrated in the picture underneath. (Looks kind of contrived, but whoever arranged this, it wasn’t me.)

Two bottles of Statesman

Give peace a chance – hug a Statesman

3. Else

No big blogging activities here recently, but I wrote a blog in German this weekend, about political rituals in China ahead of Spring Festival.

 

Tuesday, February 2, 2016

“Internet Plus” Updates

As Chinese economic growth isn’t quite itself these days, the innovation buzzword keeps growing. State chief councillor Li Keqiang‘s Internet Plus action plan, described in some detail on March 5 last year in his work report to the Third Session of the 12th “National People’s Congress”, is being revived as a news item and covered here by the Washington Post. The article describes an internet town near Haikou as a place where little else can be done:

According to the local government, the Internet Town project will cover the entire Shishan township in 2018, with the completion of an online trading platform and an operation center as well as other facilities. The project will be a major engine for local growth, creating a new source of income for farmers along with the tourism industry that features volcanic tours.

Meantime, the English-language “Global Times” focuses on places where a lot of things that make sense could be done, and where a number of building owners (you can’t say landlord in China) fell for the business concepts of kids whose first profession was to be their daddies’ sons (reportedly, anyway), and who burnt their business war chests rather than using them mindfully. But obviously, the article is generally optimistic about a phoenix [that] will rise from the ashes of the first wave of China’s tech boom.

Chinese innovation may not be exactly what Japan’s industry is waiting for, but Chinese growth is. Ikuo Hirata, a columnist with a number of Japanese papers, suggests that Japan’s prime minister Shinzo Abe should stop counting on China’s economy as a booster for Abenomics, and that the government should lower its growth target.

Hirata also warns that

[w]hile working to reduce excess capacity in the steel and other traditional sectors, Chinese policymakers are also trying to help high-tech industries, such as robotics, sophisticated machine tools and aerospace, catch up with their rivals in advanced economies. The technological prowess of a country that has a successful manned space mission under its belt should not be underestimated.

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Related

» Traditional industries, new bones, April 17, 2015

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Monday, February 1, 2016

Daddy Xi, carrying forward China’s Splendid Traditional Culture

Original headline:

Hear Mister Personality Daddy Xi discuss Traditional Culture (听习大大谈传统文化).

The »article, first published by Guangming Daily online (光明网), is a collection of Xi Jinping quotes from 2013 to 2014.

Xinhua re-publication of a Guangming Daily online article

Click picture for source

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Related

» They just like him, BBC, Sept 23, 2015
» The CCP’s Cultural Design, Jan 6, 2012

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Friday, January 29, 2016

Slowing Down

This winter has been nice so far: mild, with very little snow. I’ve read a lot recently, and written less. A WP editor looks like a very demanding dashboard, it seems to demand action.

(I probably wouldn’t write this if I were familiar with Facebook or Twitter.)

Slow down, relax, take it easy

Slow down, relax, take it easy

So I’m reading, and taking notes. Reading about Xi Jinping‘s wonder-weapon Wang Qishan, about China-Iran relations, etc.. And working on my vocabulary. I’ve noticed how, during translation, I found an English equivalent for a Chinese word, only to forget the vocabulary minutes later, while still translating. That’s when less blogging makes more sense.

But obviously, I’ll continue to write blogs – only at a slower pace. As long as there’s no Facebook in my life, what else could I do online?

Friday, January 22, 2016

Taiwan Election Data, the Changes, and the ROC Convergence

Wrote a bio of sorts in a German blogpost about president-elect Tsai Ing-wen last Saturday, as it seems to me that in the English-language press, there’s lots of coverage about the Taiwan elections, sometimes beyond the mere “conflict with China” issues. In most of Germany’s media, Taiwan would hardly emerge even on election days, if it wasn’t for China’s “claims” on the island.

What looks notable to me is the voter turnout in the January 16 elections: 66.27 per cent, compared with 76.04 percent in 1996, 82.7 percent in 2000, 80.28 percent in 2004, 76.33 percent in 2008, and 74.38 percent in 2012, according to the Central Election Commission (CEC), quoted by CNA. Also notable: the general trends in the pan-blue and pan-green shares in the presidential elections.

 

Taiwan's presidential elections, from 1996 to 2016

Taiwan’s presidential elections, from 1996 to 2016. The 1996 numbers for the pan-blue camp include the two independent candidates’ shares. Both of them were close to the KMT, but critical of then president Lee Teng-hui‘s China policies. Numbers taken from Wikipedia.

 

Taiwan presidential elections chart, 1996 - 2016

Usually, I’m surprised to find out how time flies. But in this case, it strikes me as odd how big change can be within “only” two decades, from 1996 to 2016. Also, no DPP candidate has ever drawn as many votes – inabsolute numbers – as Tsai Ing-wen has last Saturday. This would seem to suggest that some of the reasons for the record-low in turnout could lie in the KMT’s performance during the election campaigns. An uncertain number of people who’d normally support the KMT may have seen no sense in voting for Eric Chu, or any KMT candidate, for that matter.

Frozen Garlic, a blogger in Taiwan who has been doing a lot of number crunching during the past week, probed district-level turnout data in “blue” and “green” districts this week, and found some clues there that would support this guess.

There were, however, nearly 1.6 million voters who chose James Soong who is more China-leaning than the average KMT candidate. Soong only fared better in 2000, under what might be carefully described as exceptional circumstances.

Another notable first – in the parliamentary elections, that is – is the emergence of the “New-Power Party” – they’ve actually overtaken James Soong’s People-First Party there  (seats: 5 – 3; votes: 6.1 percent – 5.5 percent).

What does this tell about the KMT? The party remains a force to be reckoned with, for – reportedly – being one of the world’s richest political parties, and for its connections within Taiwan’s elites and civil society, big business, as well as for connections to China, and to America. But how “Chinese” can the KMT remain if it wants to remain competitive? Probably not as Chinese as incumbent president Ma Ying-jeou.

China’s accusation until December (by quoting the KMT, that is) that Tsai Ing-wen rejects the 1992 Consensus has become old news. Literally, she said in an interview with the Liberty Times on Thursday that

In 1992, the two parties [the Straits Exchange Foundation and China’s Association for Relations Across the Taiwan Straits] from the two sides communicated and negotiated through an approach of mutual understanding and “seeking common ground while shelving differences,” and I understand and respect this historical fact. [The interview in English, Taipei Times]

在一九九二年,兩岸兩會秉持相互諒解、求同存異的政治思維進行溝通協商,達成了若干的共同認知與諒解,我理解和尊重這個歷史事實。[The interview in Chinese, Liberty Times]

Thinking about it, while there have been big changes during the past twenty years, there’s been a remarkable convergence toward what Taiwan and the outside world commonly refer to as the “status quo” – the KMT and the DPP used to be further apart in the past, not only in terms of public support or votes, but in terms of their respective international concepts, too.

One day after Tsai’s election, China’s Taiwan Affairs Office had announced that it would continue to use the 1992 Consensus and oppose any Taiwan independence activities in cross-strait relations, as quoted by Radio Taiwan International (RTI). And on Monday, former U.S. Deputy Secretary of State William Burns, during his stay in Taiwan, met with incumbent president Ma Ying-jeou, the defeated KMT presidential candidate Eric Chu, and Tsai Ing-wen, who reportedly said that [t]he U.S. anticipates seeing a successful political transition.

There is continuity in Taiwan’s foreign policy: Cindy Sui, the BBC‘s (occasional) Taiwan correspondent pointed out on election day that it was Tsai who, in 2003 and in her capacity as the Mainland Affairs Council chairperson during president Chen Shui-bian‘s presidency, made a case for further legalizing trade and communications links with China.

Tsai, as opposition leader, also took a fairly public measure on Taiwan’s (or the Republic of China’s) national day on October 10, 2011, saying that the vast majority of Taiwanese today could acknowledge that “Taiwan simply is the Republic of China”, as the two have merged, for a new life in Taiwan.

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Related Tag: Taiwan Consensus

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Wednesday, January 20, 2016

China’s Friends and Enemies

China has neither as many friends nor as many enemies as CCP apologists would have it. Many of the friends are only friends as long as the economic statistics look great. And many of those called enemies by the CCP and its propaganda aren’t really enemies – they are a lame excuse, but efficient, when many Chinese and foreign people who feel that they depend on the party’s benevolence suffer from Stockholm syndrome.

Why do so many CCP apologists believe in big numbers of friends and enemies? Those with big egos may believe in these because it inflates their egos even further.

And those who feel uneasy about the CCP’s human rights abuses –  but do not want to face the inconvenient facts – need to silence their conscience.

Friday, January 8, 2016

Human Rights and Economic Records: Botched Measures and Terrible Occurrences

Before the old (lunar) year leaves and a new comes in, things need to be tidied up in China. However, efforts to calm the stock markets by new management measures appear to have been unsuccessful. And in Hong Kong, where RMB trading, is unrestricted, people pay less for China’s currency, according to the New York Times.

There’s still other bad news, and the indicator in this case, too, is Hong Kong.

“Something terrible has happened. We are all afraid. We are leaving now,” an employee told me a few hours before locking the doors for the foreseeable future.

That’s how the BBC‘s correspondent in the former British colony, Juliana Liu, concluded an entry in the broadcaster’s China blog on Monday, and the topic, of course, is the case of five Hong Kong citizens, all associated with the Causeway Bay Bookstore, who have gone missing since October last year. The latest case is Paul Lee, and he went missing late in December.

Hong Kong’s SCMP, one of East Asia’s leading English-language papers, but one with an uncertain future, reported on Monday the first precept speech by a Chinese leader since Mao Zedong. The guy who’s imitating the late great dictator is, of course, current party secretary general, state chairman, and the central military commissions’ (CMC) chairman Xi Jinping. The speech is seen as part of Xi’s efforts to reform China’s military, but obviously, the – probably intended – signal goes beyond the armed forces project.

Given that no other former CMC chairman, from Deng Xiaoping to Hu Jintao, had given a military precept, an associate professor at Shanghai University of Political Science and Law concludes that Xi’s power and authority is even higher than them.

This may or may not be true. If  Wang Qishan, rather than Li Keqiang, ranks second in terms of power or influence within the party, the assessement may be correct. But then, maybe Deng Xiaoping, who faced open ideological competition at times by more conservative party veterans like Chen Yun, simply didn’t need to show off his autority by admonishing the military.

Back then, too, the party was corrupted. But that was at a time when – or that’s how it felt, anyway – everyone had a chance to become rich. Now, there’s a two-fold challenge of corruption and slowing growth.

This could mean that Xi has powers because potential rivals do not want to challenge him, so as not to rock the not-so-stable boat.

If China’s regime manages the switch from an export-led economy to a more services-oriented economy successfully, the doubts in Beijing’s macro-economic control of the economy won’t persist – some disappeared people, in China or elsewhere, have never been a great concern to business.

All the Xidadamania aside however, confidence in mainland China, in Hong Kong, and abroad, appears to be slipping, at least currently.

In an interview with German national radio on Thursday, Markus Taube, a professor at a university in Germany’s Ruhr region, stated “a massive loss of confidence” in China:

What we see in China at the moment, definitely, is a massive loss of confidence. All market actors can see that the CCP has clearly lost its former control capacity. Until now, the Chinese market was always a very [unreadable] […]. Now, this ability to lead isn’t in place and that the state has failed several times, on its own promises.

Das, was wir in China momentan definitiv sehen ist ein massiver Vertrauensverlust. Alle Marktakteure sehen, dass die Kommunistische Partei offensichtlich ihre frühere Steuerungskapazität verloren hat. Bislang war der chinesische Markt immer ein sehr [unreadable] … Fundamentaldaten haben da kaum eine Rolle gespielt, und es war das Vertrauen einfach da, dass die Partei, der Staat, im Endeffekt die Richtung vorgibt [unreadable]. Jetzt ist es so, dass diese Führungsfunktion fehlt und dass der Staat mehrfach versagt hat, auf seine eigenen Versprechen hin.

Not least, Taube said, the “anti-corruption campaign” has discouraged Chinese decisionmakers in charge of approving (or delaying) investment projects.

Given that Chinese control mechanisms – concerning the financial markets – are out of order, Taube, with an audible sigh, introduces an old friend from the 2009 tool cabinet:

It sounds unorthodox, but probably, in the current situation, it would be more appropriate to issue another stimulus package, in that the state, again, to a great extent, pumps money into the economy. A classical Keynesian stimulus package to create state-induced demand so as to restore the economic dynamics on a basic level.

Es klingt sehr unorthodox, aber wahrscheinlich ist es in der momentanen Situation tatsächlich eher angesagt, ein klassisches Konjunkturpaket wieder aufzusetzen, einen Stimulus, in dem der Staat einfach in großem Maße wieder Geld in die Volkswirtschaft hineinpumpt. Also ein klassisches keynesianisches Konjunkturprogramm, in dem einfach staatlich induziert Nachfrage geschaffen wird, und damit einfach die volkswirtschaftliche Dynamik auf einem grundlegenden Level wieder stabilisiert wird.

That said, Taube doesn’t judge the situation by standards of five-year plans, or by taking the long view, as recommended by the Lord of the Confucius Institutes. Taube advocates a stimulus because the methods tried more recently haven’t worked and wouldn’t turn the tide for the coming six months.

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Updates/Related

» Executives Disappearing, HP, Jan 8, 2016

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