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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: Snowshoe who wrote (147623)4/4/2019 7:16:13 PM
From: TobagoJack  Respond to of 219344
 
yes, hot chocolate is good, and manufacturing should be continuously watched over by the buying market, and concerns fed back via loop, and for proof, one needs to look no further than Boeing and Washington DC :p)

in the mean time a great victory for team America should be declarable soon, and victory dividends becomes collectable 2025, the same time China harvests on China-2025, and all this would indubitably be after 2020, conveniently post 2024, and all leading on to 2026 teotwawki and opening the way to 2032 darkest interregnum

am wondering if there are any out-of-the-box politicians on your shores who would advocate cooperation, engagement, joint undertakings, mutual benefit, and greater good, or are the entire political class fully devoted to what cannot likely work, to either ring-fence china if not the rest of the world, or confront full-spectrum for made up reasons insincerely proposed and hypocritically marketed

speaking of china 2025, there are idiocratic politicians on this side of the pond as well, for example, here is one motivated by hate and peeve, and who cannot message and cannot take hint, and forgets about the greater good

the fellow has supporters and some following, and am expecting them to be trump-ed via reality TV

asia.nikkei.com

China ousts reformist official who called Made in China 2025 'waste'Lou Jiwei removed from social security fund after just two years
April 05, 2019 02:15 JST

BEIJING -- Lou Jiwei has been replaced as head of China's national social security fund after criticizing the country's flagship industrial policy as having "wasted taxpayers' money," in a sign of Beijing's waning tolerance for dissent on economic issues.

Lou, a prominent reformer, spent less than two and a half years as chairman of the National Council for Social Security Fund -- the shortest stint by far in a job whose holders usually stay on for four or five years.

He is replaced by Liu Wei, a vice minister of finance, China's State Council announced Thursday. Liu is an unusual choice for a role whose occupants usually have cabinet-level experience. Four of his five predecessors -- including Lou himself -- were finance ministers, while the other previously served as governor of the People's Bank of China.

A diplomatic source here cited a South China Morning Post interview on the sidelines of the National People's Congress in March as the trigger for Lou's departure.

Premier Li Keqiang made no mention of the "Made in China 2025" industrial modernization strategy in his work report at the event, in what was seen as an effort to avoid derailing trade talks with the U.S., which has been highly critical of the plan.

In the South China Morning Post article, Lou tore into the initiative and its implementation, saying there "has been a lot of talking but very little was done."

"I was against it from the start," said Lou, a critic of massive government subsidies to specific industries. He has long advocated for the market to play a greater role in allocating resources, and Made in China 2025 is no exception.

This attack on a politically sensitive topic may have provoked the wrath of the initiative's many supporters within the Chinese government. Xin Guobin, vice minister of industry and information technology, has defended the plan by saying every country has the right to pursue its own development.

During the 1990s, Lou played a central role in economic reform under then-Premier Zhu Rongji, alongside Zhou Xiaochuan, who led the People's Bank of China from 2002 to 2018. Lou was appointed finance minister in 2013 but then abruptly sent to the social security fund in November 2016. He was reportedly angered by the move, having pledged to serve out a full five-year term.

Political discussion has long been tightly restricted in China, but the government had given more leeway on economic issues. Supporters and opponents of Made in China 2025 in academia debated the merits of the plan in the autumn of 2016.

But the country has seen a drop in free discussion of and reporting on the economy since around 2017, the year of a twice-a-decade Communist Party congress, as the government stifles dissent amid a push for party unity under President Xi Jinping.

Lou had planned to visit Japan this month to meet with Finance Minister Taro Aso, with whom he had struck up a friendship during his own stint as finance minister. The trip has been canceled.