China’s Economic Growth Momentum

Kristalina Georgieva, president of the International Monetary Fund, says momentum in China's economic growth slows noticeably.

https://hyeong-chun.blogspot.com/search?q=chinese+economy 

https://hyeong-chun.blogspot.com/search?q=%EC%A4%91%EA%B5%AD%EA%B2%BD%EC%A0%9C

More than 90 percent of passengers scuffling with bus drivers while driving neighborhood buses for a long time were middle-aged. And more than 90 percent of them had poor facial expressions. The biggest impact of losing the momentum of growth seemed to be. The economic and social environment, which could no longer spread, and the beginning of aging and a sense of economic loss seemed to have started.

 

As predicted, the problem of dissonance between ideological politics and the market economy would slow the growth of the Chinese economy. The slowdown in individual citizens' momentum has expanded to a national problem. In the last article, I mentioned this problem in connection with a vertical relationship. The power relationship that suppresses the people's autonomous will will limit the individual momentum of the people.

 

Zhou Eon-lai and Deng Xiaoping studied a lot and learned about Western Europe's free market economy, realizing that the fundamental communist ideological system of the Mao Zedong era could never give momentum to the Chinese economy and society. They diligently expanded momentum by opening a pragmatic line to accept the market economy and expanding diplomatic relations. And the effect appeared with a long-term time difference. Zhou Eon-lai and Deng Xiaoping were only sincere about China without the will of power.

 

Currently, China is trying to expand momentum through nationalism. It is a step back from the days of Zhou Eon-lai and Deng Xiaoping. Eventually, conflicts with the outside world were inevitable. The Chinese government mistook that the domestic population and industrial structure have developed enough to form an independent world. In other words, China is repeating the mistake of the late Qing Dynasty, which said that trade with foreign countries is not necessary because there is everything(地大沕博/All things in prolific abundance). Conservative attachment seems to be a disease common to Eastern society.

 

The best growth momentum is likely to be familiar with words such as globalization, growth, reform, freedom, and human publicity.