{"id":949,"date":"2024-09-22T03:27:37","date_gmt":"2024-09-21T19:27:37","guid":{"rendered":"https:\/\/www.kafeizha.com\/?p=949"},"modified":"2024-09-22T03:27:37","modified_gmt":"2024-09-21T19:27:37","slug":"%e4%b8%ad%e5%9b%bd%e9%80%9a%e7%bc%a9%e6%84%8f%e5%91%b3%e7%9d%80%e7%8e%b0%e5%9c%a8%e5%b0%b1%e6%98%af%e5%85%b3%e9%94%ae%e6%97%b6%e5%88%bb","status":"publish","type":"post","link":"https:\/\/news.tomjun.com\/?p=949","title":{"rendered":"\u4e2d\u56fd\u901a\u7f29\u610f\u5473\u7740\u73b0\u5728\u5c31\u662f\u5173\u952e\u65f6\u523b"},"content":{"rendered":"

\u65b0\u95fb\u6765\u6e90\uff1a<\/b>www.bloomberg.com
\u539f\u6587\u5730\u5740\uff1a<\/b>China\u2019s Deflation Means It\u2019s Now or Never for Saving the Economy<\/a><\/font>
\u65b0\u95fb\u65e5\u671f\uff1a<\/b>2024-09-13<\/p>\n

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\u539f\u6587\u6458\u8981\uff1a<\/b><\/p>\n

Hi, I\u2019m Philip Glamann in Beijing.Worries about to the world\u2019s second biggest economy are reaching a crescendo.Specifically, people are concerned that if the Chinese government doesn\u2019t act quickly to , the economy could suffer permanent damage.Falling prices have the potential to trigger a downward spiral as households facing reduced incomes spend less or postpone purchases because they expect prices to decline even further.Corporate revenues would also suffer, stifling investment and leading to more salary cuts and layoffs. There are already signs this spiral is in motion, with some entry-level salaries dropping from a high two years ago.The crisis of confidence is , sending a key gauge of Chinese stocks to this week.And in a sign Chinese leader Xi Jinping is worried, this week he to do their part to help the nation hit its growth target \u2014 a call that comes as over the nation\u2019s economic momentum.China doesn\u2019t want public discussion of deflation \u2013 a sure sign policymakers are worried \u2013 and have warned analysts to avoid using the dreaded D word. Still, last week former central bank Governor Yi Gang said rooting out the problem .Other nations have been in China\u2019s predicament. One frequent comparison is Japan in the 1990s, when grinding stagnation followed a burst bubble in real estate and financial markets. That situation famously resulted in Yet in some ways South Korea toward the turn of the century may be a better comparison. In terms of per capita gross domestic product and urbanization levels, China now and South Korea then in that there\u2019s room to grow.Shu Jiapei, an analyst at China\u2019s SDIC Securities, put it this way: \u201cJapan in the 1990s was like a middle-aged person. Korea in 1998 and China today are no longer teenagers, but they\u2019re still in their youth and could still grow a few centimeters taller and become stronger.\u201dThe challenge for policymakers in Beijing is to kick-start engines of growth to offset the economic drag from . They\u2019ll also have to deal with regional governments .Xi is placing his bets on tech innovation to drive a transformation of the economy. Think electric vehicles, solar panels and lithium-ion batteries.But China is, obviously, much bigger than South Korea, and its around the world has irked the US and other developed countries.This helps explain why Beijing has warmly embraced the Global South, a term for developing nations around the world. China hopes markets in places like Africa will .That strategy comes with its own challenges because those countries don\u2019t just want to be customers; they also hope to . This mirrors the issue Beijing faces with Washington, and neither side seems to have a solution yet.Whether China\u2019s strategies work out remains to be seen, but what\u2019s clear is that the pressure is mounting on decision-makers in Beijing by the day. What We\u2019re Reading, Listening to and Watching:China has said it wants better and more exchanges with Americans but adoptions won\u2019t be a part of that.Beijing has said overseas families Chinese children, officially ending an area of rare cooperation that saw tens of thousands of youngsters find families in the US.China didn\u2019t explain the decision beyond pointing out it was in line with international conventions but it appears to take effect immediately, meaning the hundreds of cases involving US families are likely finished.That\u2019s causing a lot of heartbreak for people like Penelope, a 10-year-old girl, and 47-year-old Aimee Welch, whose family lives in the US state of Kentucky.\u201cI got the news via email while sitting in my car and just wept,\u201d said Penelope\u2019s prospective adoptive mother.Beijing\u2019s decision followed similar ones in recent years by countries like Kazakhstan, Russia and Ethiopia. China\u2019s lack of explanation \u2014 reflecting a from the ruling Communist Party \u2014 left many speculating about its intentions.Guo Wu, associate professor of history at Allegheny College, said \u201cit truly fulfills a Chinese that \u2018We can take care of our orphans well and we don\u2019t need to send them to the West.\u2019\u201dA rapidly aging population may be a factor for decision-makers in Beijing. They are confronting one of the world\u2019s biggest demographic challenges, with the nation facing the prospect of 30% of its population being age 60 or above by 2035.That dynamic is a threat to the slowing economy, prompting officials try to bolster the workforce, such as possibly .Of course, China\u2019s decision comes as ties between Beijing and Washington are, shall we say, . Washington is trying to from advanced chip tech that could lead to advances in AI, while Beijing has launched an that casts a dark shadow of suspicion on foreigners. Despite that, Myriam Avery, executive director at Agape Adoptions, a placement service in Washington state working with affected families, urged China to reconsider its decision. \u201cHistorically, we have really kept politics out of child welfare,\u201d she said. \u201cNobody can ever convince me that leaving a child in an orphanage is in their best interest if they have an opportunity to have a family.\u201d A weekly look at an item that\u2019s been big water cooler news in China.China\u2019s nationalistic bent reared its ugly head again this week but the public, government and state media signaled they weren\u2019t buying it, at least this time.The episode involved a spat between a Chinese influencer and two Japanese tourists at Yuanmingyuan, also known as the Old Summer Palace, in Beijing.Words were exchanged over sharing a spot for taking photos at the scenic area. The influencer who goes by Yaren then apparently followed the visitors around loudly proclaiming he\u2019d never make way for Japanese people.The incident would seem to have all the ingredients needed for the latest outrage that Chinese diplomats say had hurt the feelings of a billion people: tourists from a country that invaded China in the 1930s, a national treasure destroyed by French and British troops in the 19th century, a fearless individual willing to stand up for his once-humiliated nation.Nationalism is a double-edged sword for the regime in Beijing. On the one hand, the government finds it a reliable way to rally the people. For example, hints of that tactic are at play when Chinese diplomats howl loudly about from the wrecked Fukushima nuclear plan.On the other hand, nationalism can get violently out of hand. Earlier this year, a Japanese mother and her child were with a knife, an incident that left a Chinese woman dead.Excessive crowing over, say, or the production of a controversial map that hands China ownerships of lands and seas annoy neighbors who are valuable trade partners. Such provocations can have .So it was a good sign that Yaren\u2019s antics weren\u2019t lauded in China. A magazine backed by the Communist Party mouthpiece People\u2019s Daily wrote that \u201cblind xenophobia has no soil to grow in our country.\u201d And a Foreign Ministry spokesperson said that \u201cChina is an open and inclusive country, and we do not have in place any discriminatory practices against any particular country.\u201dChinese people also took to the internet to criticize the influencer, with one post saying he was just \u201cdeliberately trying to provoke.\u201dThis won\u2019t be the last bout of nationalist sentiment expressed in China, and the government will surely continue to use one of its favorite tools for garnering public support. Still, it\u2019s heartening to know there are limits. <\/p>\n

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