snow, you are interrupting the fun ;0)
but, ok, re the 5-years plans and the new one, i observe
(i) the plans are explicit expressions of unambiguos guiding policies
(ii) sometimes they work out and other times they do not
(iii) but at least there is a plan, and the understood (the population study the plan in groups) plans were and are generally backed up by deeds, especially during the last quarter century
(iv) the intent is to ...
- drive wage inflation (to rebalance rural/urban capital formation, growth, and offset food inflation - i.e. food increases 30%, wagers increases 25%, net net better off - but pity the rest of the planet that has to deal with the fall out of food inflation engendered by team usa and enhanced by tribe china)
- maintain social stability (jobs, social housing)
- enhance growth (domestic urban consumption, rural development of infrastructure)
- power-up reform (rural reform, capital formation by food inflation if necessary)
the rural reform, looking good, should engender super boom, i.e. for the rural highways and village byways branching off of main national expressways must be multiples of what have already been built between the largest cities
and the largest and most rapid human migration story is continuing, now that social housing will complement private housing.
the formulae is obviously simple and math is apparently sound.
china is mostly a domestic and continental economy. its export is more a "by the way" but, on the receiving end, it generally looks like "on my god".
am bullish of the reform stability and growth intent, but am staked in it only by hk real estate, planetary palladium, global silver, galactic gold, and universal platinum, and the wagers should work out either because of china boom or china kaboom, for they are meant to be win-win trades :0)
the poo poo rants against china growth prospects could have been and were said all throughout the last quarter century and are essentially meaningless, for the nay sayers lack historical perspective, and refuse to accept the truth that china civilization state already collapsed, and is at the bottom, just readying to rebound.
claw-back target, 35% of global gdp.
recommendations: ag, au, pd, pt, u.
them be boomers even if the plan is only half successful, and should the plan fail, the gains in ag, au, should far out weigh the drubbing of pd pt and u ;0)
btw, what is the usa 5-years plan? qe15 :0) |
