Problems of China’s Economy Pop Up Everywhere

Translated by Fenny Li and Tan Hohua. Written in English by Gisela Sommer.
This translation was first published in the Epoch Times.

Every year, the highlight of the “two sessions” is the “government work report.” This year, however, it was somewhat different. After the report was released, it was a bit unconvincing to break out into a mood of optimism and celebration.
With no other choices, Xinhua News Agency published an interview with the director of China’s National Development and Reform Commission Xu Shaoshi, titled: “Rebutting the New Round of Gloomy Economic Predictions, China’s Economy Now Undergoes Steady Development.”
The article served to announce to the world that the Chinese economy is now completely dependent on the world’s confidence in China. If confidence is high, China’s economy will turn out to be good. If the gloomy outlook prevails, China’s economy will steer toward recession.
In fact, whether China’s economy will be good or bad depends entirely on the fundamental factors of China’s economy itself. Currently, China’s economic outlook is not optimistic, be it the real economy or the fictitious economy, i.e. the financial systems. That is why, when the work report tries to cover every aspect of the economy, problems will pop up everywhere, just as in the old Chinese saying: it’s like “trying to press down fleas with one’s ten fingers.”

Malthusian trap in Xinjiang

By He Qinglian on March 9, 2014
Source Article in Chinese: 新疆问题:中国马尔萨斯陷阱的发散效应

Following the March 1 incident in Kunming, there was a marked rift in public opinion on the matter. While people in mainland China almost unanimously lashed out at the terrorism of Xinjiang Independent advocates, more Chinese came to understand that the incident was an inevitable outcome of the protracted repressive stability maintenance measures the Communist authority employed in Xinjiang.

"Who hijacked the Chinese economy?"

By He Qinglian on February 15, 2014
Source article in Chinese: 何清涟:谁绑架了中国经济?

Of late Chinese media outlets are mentioning ever more frequently that other countries are staging a “currency war”. In articles claiming “China has become the victim of the Japanese Yen devaluation” and the like, they argued that many countries raced to lower the value of their own currencies to maintain an edge in their own foreign trade and thus moved China’s cheese. At the same time, these media outlets praised the Chinese government’s effort in maintaining the stability of RMB.

These articles made people inside the trade wonder why does Beijing not depreciate the Chinese currency to stimulate export like other countries did?

Is China the “Third Reich” of East Asia or preserver of the region's order?

By He Qinglian on February 8, 2014
Source Article in Chinese: 中国:东亚的“第三帝国”还是秩序守护者?

During the House Intelligence Committee Hearing held on February 4, United States Director of National Intelligence James Clapper said that China's aggressive pursuit of territorial claims in the seas of East Asia is driven by a sense of historical destiny. That remark is only half correct. It is true that China is seeking to expand its territorial sovereignty. But to see that as “driven by a sense of historical destiny” is being misled by China's rhetoric. The truth is, China's expansion impulse comes from continued population growth while its local resources dwindle, the Malthusian catastrophe from which the country has no escape.