Re: Will China's growth eliminate inflation?


demorising@xxxxxxx wrote:
> ltlee1 wrote:
> > PaPaPeng wrote:
> > > On 25 Oct 2005 11:04:17 -0700, "ltlee1" <ltlee1@xxxxxxxxxxx> wrote:
> > >
> > > > I had dinner with a high level
> > > >securities regulator amd I asked the American-trained Chinese why he
> > > >worked for the government when he could work for a higher salary with
> > > >an investment bank. His response was that he wanted to help China get
> > > >ahead and help it get its banking system in shape. Again, while there
> > > >continue to be great challenges, I had the feeling over and over again
> > > >that knowledgeable people are dedicated to advancing the country.
> > >
> > >
> > > And this had been my experience too. Many highly qualified
> > > mainlanders I meet hold this attitude, an idealism that his or her own
> > > talents and good fortune should be used for the greater good through
> > > public service.
> >
> > This is Chinese tradition but comparatively less common in cultures
> > dominated by individualism. Of course, hundreds of million Chinese
> > wanting to advance China also makes "China threat" more real.
>
> PaPaPeng is all mixed up. In the thread "Protests won't regime change"
> he advised us to read a two-part essay where he pulled out for emphasis
> this quote: "As the gulf between the haves and have-nots widens and
> social protests increase, China may be assumed to be heading for
> another revolution. This cannot happen, however: an us-against-them
> situation is
> impossible in a country where everyone is against everyone else."
>
> Which is it: 1) Everyone is against everyone else, or 2) greater good
> through public service?

Sorry. You are the onw who got mixed up.

#1 above is how a foreigner see the political situation.
In some sense, that is always true for all countries. Every government
of limited resources can only do more in one area by doing less in some
other areas.

#2 above is how many Chinese want to do.

.

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