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To: alpine_climber who wrote (72664)4/2/2011 4:53:43 PM
From: elmatador  Respond to of 217573
 
And MQ compare building up F.O. in China with Singapore, Korea, Japan, Hong Kong.

He cannot see the SCALE



To: alpine_climber who wrote (72664)4/3/2011 6:02:09 AM
From: elmatador  Respond to of 217573
 
No easy task to achieve 7% growth: Wen Chinese Premier Wen Jiabao said Monday that it is not easy to achieve a high-quality and efficient annual growth rate of seven percent during the 2011-2015 period.

Given China's increasingly large economic aggregate and the need to raise the quality and efficiency of its growth, "a seven-percent growth rate is not a low target," Wen told a press conference after the conclusion of the annual parliamentary session.

China lowers its annual economic growth target to seven percent for the period of 2011-2015 from the target of 7.5 percent for the previous five years, according to the new five-year program adopted by the top legislature.

"The lowering of the target not only demonstrates the government's determination but also indicates a major move to transform the country's economic growth pattern," Wen said.

"We should make full use of this opportunity to adjust the economic growth pattern and address the unbalanced, uncoordinated or unsustainable factors that have existed in China's economy for a long time," said Wen.

He added that China must strike a balance between economic growth speed, job creation and inflation control.

"A fast growth speed would bring more jobs but lead to high inflationary pressure; A slower speed means less new jobs and risks economic recession," the premier said.

With the economy expected to grow slower during the 2011-2015 period, the Chinese government will make every effort to cope with the rising employment pressure, Wen said.

"I think this poses a great test to the government, but we have the determination that we will ease the pressure successfully," Wen said.

The government must pay close attention to economic restructuring, and give priority to developing small and medium-sized enterprises, especially small hi-tech firms, and developing the service sector, including producer services, which would help create more jobs, said Wen.



To: alpine_climber who wrote (72664)4/3/2011 6:37:21 AM
From: Maurice Winn1 Recommendation  Read Replies (1) | Respond to of 217573
 
AC, you are obviously confused and bewildered. I have no idea how you got the wrong idea that I'm a recent "convert to the wired world" which I have been pushing for 33 years now and 24 years in the fibre form. The point of CDMA is to fill the gap between the nearest fibre and somebody or something on the move where a wired connection is too expensive or impractical.

< Huawei and China's scientists, as they would now seem to own both the 'locks-and-keys' to the LTE IP/money kingdom? >

What locks and keys? Anybody can read Qualcomm's patents and be a licensee if they wish to pay the royalty.

<you don't seem to say much anymore on your favourite topic, i.e. the wireless world > CDMA is not my favourite subject. That was something I came up with in 1989 which needed doing to achieve wireless delivery of Cyberspace. Money was a more important subject to me before then and remains so. But that too is lower on the pecking order of important subjects than CDNA [CyberDNA]. CDMA was supposed to be a 10 year project, running to about Y2K, but it turned into a 20 year effort because things took much longer than expected.

24 years ago, our neighbour in Antwerp was a solid state physicist who had a friend who produced optical fibre. I used to rant to my neighbour how his friend was in the hottest business in existence.

... I have now clicked on your name and see you are a wet behind the ears August 2010 arrival at Silicon Investor... that explains your bewilderment.

Mqurice