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Showing posts with label corruption. Show all posts
Showing posts with label corruption. Show all posts

2016-01-26

Corruption crackdown should be on corruptions

Comments on Kerry Brown "Xi widens corruption crackdown" 20/01/2016

From the description in this article, it seems the Lu case is a little disturbing: it appears to be more political, that is, different views, as opposed to corruptions. If this becomes a trend, then the anti corruption may stray into suppressing differences from the top views. As a result, it may run the risk of losing its popular support.

2012-03-09

Realistic and optimistic on Asia

Comments on Koh "

Three challenges to Asia’s global ascent", 9/03/2012, http://www.eastasiaforum.org/2012/03/08/three-challenges-to-asia-s-global-ascent/


The three areas Koh listed are all very important issues that many Asian countries face, and should and must be dealt with sooner or later.
I somehow am confident and optimistic that those issues will be able to be dealt with and resolved in the due course.
Although I have been aware that Gini is high and has been on the rise in China and many people have used that as a big problem in the rapid growing Chinese economy, I didn't realise that Gini is 0.48 in Singapore. I think that China will pay more attention to inclusive growth and achieve better equity in terms of income distribution as its income level rises and as its labour force turns from surplus to relatively scarce especially in the context of rapid growth of the economy and of physical capital investment.
In terms of environment sustainability, it is likely that we will see gradual and significant improvement in some fast growing economies, especially China, as it's economy enters into a stage of extensive physical quantity growth to intensive quality and value growth phase. I think China, leaving aside urbanisation that will still be dominated by extensive physical growth, is very close to this critical transition. Besides, as income level rises, the relative value people place on environmental goods will rise so naturally from now on we are likely to see more "demand" for environmental goods relative to other goods.
Corruptions in many Asian countries are reported to be serious. However, I do believe that it is likely to decline and possibly significantly so in major large fast growing Asian countries, especially in China.
If China is one of the best representatives of Asian fast growing countries, especially when its size and share in those fast growing economies are concerned, my confidence and optimism in them to resolve those three issues seems to be justifiable.

2010-11-23

Interesting inconsisitency by Peter Hartcher

Comments on Peter Hartcher “India prospers in spite of scandals”, 23/11/2010, http://www.smh.com.au/opinion/politics/india-prospers-in-spite-of-scandals-20101122-1843u.html?posted=successful

It is interesting to see the inconsistency Peter Hartcher has shown in his approach to India and China.

He made a few summary points in his concluding remarks with the last one contrasting India with China.

Peter Hartcher can accept corruptions and economic growth with democratic India, but has great difficulties with China.

China has had a longer term rapid economic growth than India has so far and has a higher income and living standard.

But Peter Hartcher should also know that China also exposes corruptions and imposes severe punishment including death sentencing!

As in every country including India, the exposed corruption cases may be only a fraction of the real cases going on and China is no exception.

2009-07-27

Issues surrounding the "Labor's China Inc" need through investigation

Comments on Glenn Milne “Labor's China Inc is starting to smell fishy”, 27/07/2009, http://www.theaustralian.news.com.au/story/0,25197,25838637-33435,00.html

This article has raised serious issues related to the “Labor’s China Inc”. The Rudd government should establish an anti-corruption commission style inquiry to clear the air, either to prove its parliamentary members are innocent, or to take actions, including possibly criminal prosecutions to rid the government off any serious corruption.

Some sequences of the facts presented in this article raises serious possibility of “inside trading” involving possibly government or commercial information before what was occurring latter on. Whether government officials were involved or not, it must be investigated.

This article and the issues it raised also put some further clouds over the affair of Mr Stern Hu’s detention by Chinese authorities. If implications of this article are true that “Labor’s China Inc”, potentially, could have been involved in improper business conduct in Australia here, then what could it happen in China? One has to wonder.