Change in China
Every television panel I have been on to discuss the Chinese Communist Party Congress has asked the same thing: what are the chances of reform in China? The answer is pretty little. There will be some shifts in the economy. But nothing in the political realm. Here’s why I think it won’t.
Each successive leader in China is weaker than his predecessor. Xi Jinping will be part of a standing committee of seven in which four will be proteges of Jiang Zemin and his premier, Li Kejiang, is closest to Hu Jintao. But he has been compensated with the top slot of the military.
Going by Willy Lam, there are three basic factions in the party today: Jiang’s, Hu ’s and the leftovers. None of hem differ on the need to maintain the political monopoly of the party. None of them have shown interest in opening up the system, though Taiwanese sources tell me they believe Hu had the germs of reform in him. If so, he never let them germinate.
Anyway, that rules out political reforms.
What differentiates them on the political side? The answer is nothing that I can detect. They sll want stability, understand China will have to adjust to a new regime of lower growth but like the present structure of the Chinese economy. Why? Because of lucre. Some estimates say about 100 families dominate the economy. All these party leaders, or/and their children and relatives, have made hundreds of millions of dollars from their business activities.
At the heart of this kleptocracy are China’s massive state owned enterprises. But as James McGregor and economists like James Pettis have pointed out, these government firms are at the heart of China’s structural economic defects — and a source of concerns over Chinese neo-imperialism.
However it is very unclear as to how the present leaders can unwind the state sector’s control without endangering their own fortunes. The sense is that they can’t.
In which case only a modicum of economic reform can be expected. Such changes will move trillions and keep China growing. But they will be old wine in new bottles. Which is not enough.
Let’s revisit this in 2017, when five of standing committee of today will retire. Perhaps change will come to China then.
Hindustan Times




indian Reply:
December 9th, 2012 at 5:25 pm
Babri masjid was mosque destructed by hindu terrorists get that staraight,even after exavation its proved..this is old used technique keep idol or stone wherever u want to build temple..automatically people will put some orange powder some cloths and u have the illegal temple ready..BJP targets the majority votebank yet they are not able to win elections ..this shows the incompetency of BJP and hindu terrorists supporting and vot ing it..india is a secular and will be secular
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swami Reply:
December 9th, 2012 at 6:42 pm
The old technique is to bury a dead body in a Hindu temple and slaughter cows in the place so the Hindus give up the place as having become impure.
Also according to the court records it is babri building and not babri masjid.
Hindus are not secular. They were always deeply spiritual and will always remain so because as swami vivekananda said religion is the business of Hindus.
Hindus are not tolerant. They believe all religions are true and a person has the freedom to practice the religion he has been put into by God. It is the muslim and christian who are tolerant. They believe only their religion is true and all other religions are satanic and should be destroyed. They behave in a tolerant manner when they do not have the strength to impose their beliefs on you and wait for the time when they would become stronger than you and then impose their religion mercilessly on you.
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