https://www.google.com/amp/s/www.th...ies-hopes-value-add-chinas-economy-grows-chan
Wise man, Wise words
Wise man, Wise words
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Wise Man Duke Chan offer his insightful view on Tiongkok....
- Thread starter k1976
- Start date
Speaking on Jan 22 at an event organised by the Singapore Institute of International Affairs (SIIA), Chan notes “a certain natural momentum” given the size of China’s population and its economy.
“When the Chinese say that they are growing at 4% to 5%, people think that is a disaster. Yes, there are obvious challenges for the Chinese economy, because there’s a large number of young people coming through the system that need to find work, housing and so forth. But on the other hand, 4% to 5% growth for such a big economy is still quite respectable.”
“When the Chinese say that they are growing at 4% to 5%, people think that is a disaster. Yes, there are obvious challenges for the Chinese economy, because there’s a large number of young people coming through the system that need to find work, housing and so forth. But on the other hand, 4% to 5% growth for such a big economy is still quite respectable.”
Chan cites examples of Singapore’s support through the decades. At the start of the 1990s, Singapore took a “long-term view” that it was in the region’s interests for China to be integrated with the global economy. “We were one of the few initially to support China’s entry into the WTO.”
In the 2000s, as the Chinese was evolving fast, Singapore worked on the next government to government (G2G) project — the Sino-Singapore Tianjin Eco-city. “At that point in time, maybe the word sustainability wasn’t as fashionable as it is now. But we took a long-term perspective,” says Chan.
In the 2010s, Singapore worked with the Chinese on the third G2G project — the China-Singapore (Chongqing) Connectivity Initiative (CCI). “How do you connect the western part of China, which is relatively less well-connected than the coastal provinces, in terms of logistics, data and finance, so that you can unleash the potential of western China?” says Chan.
In the 2000s, as the Chinese was evolving fast, Singapore worked on the next government to government (G2G) project — the Sino-Singapore Tianjin Eco-city. “At that point in time, maybe the word sustainability wasn’t as fashionable as it is now. But we took a long-term perspective,” says Chan.
In the 2010s, Singapore worked with the Chinese on the third G2G project — the China-Singapore (Chongqing) Connectivity Initiative (CCI). “How do you connect the western part of China, which is relatively less well-connected than the coastal provinces, in terms of logistics, data and finance, so that you can unleash the potential of western China?” says Chan.
Not duke chan, in Cantonese called lock 七
Dear @blackmondy how do you say lock 七 in Cantonese
Dear @blackmondy how do you say lock 七 in Cantonese
China economy is a miracle. 30% to 40% youth unemployment and deflation but economy can grow 5%.I think later this year, he will eat his words again.
Very good logic
There is nothing wrong with China except for one man and his ego. History will remember how one under-educated man brought modern China to it's knees, singlehandedly undoing more than 3 decades of growth and development.
This is what happens when you put Party before Country and People.
This is what happens when you put Party before Country and People.
This guy can’t even handle his own country well, still wanna talk about Big Brother China. Basically son teaching father how to fuck!
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