The "Chinese dream" turns into a nightmare ...

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
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The "Chinese dream" turns into a nightmare ...




by louphil » 22/07/07, 20:07

Seen on Liberation, at:
http://www.liberation.fr/actualite/economie_terre/268239.FR.php

The Chinese miracle turns into an ecological nightmare
Beijing no longer disputes the worrying degradation of the environment.
By Pascale Nivelle
DAILY: Saturday July 21, 2007

Propelled third world power, China keeps a low profile. The main media, still enthusiastic about national records, overlook that of growth almost in silence. The day after the announcement of the exceptional Chinese growth, they headline the overheating of the economy, the rise in interest rates (see box) and the latest environmental disasters. Without any triumphalism.
At other times, to pass in front of Germany, to follow Japan and the United States, would have triggered some pride in a country which remains poor, around the hundredth world rank in terms of GDP per capita. The 12% annual growth, predictable at the end of the year, hides a very dark sky. Inequalities, pollution, unprecedented increase in "mass incidents" (a term used for social conflicts), rising food and property prices, risk of a stock market crash, food insecurity. alerts are piling up. The Chinese economic miracle is becoming more like a nightmare every day that the leaders no longer pretend to ignore. Even if they have distilled the economy figures drop by drop in recent days, to avoid an excessively brutal announcement effect, they no longer hide their concerns. "The tendency to overheat is clear," said the National Assembly's economic and financial affairs committee, "inflation is rising."
Indomitable. It is especially the environment, linked to the too rapid growth, which crystallizes a palpable anxiety for a few months. Another palm won by China in 2006 is that of the world's most powerful emitter of CO2, revealed at the start of the week by the Environmental Monitoring Agency (MNP). Record which shows, as much as the indomitable growth, the incapacity to hold the objectives of the "harmonious society" repeated over and over. At the same time, the leaders no longer make a mystery of the problems. They no longer contest the OECD injunctions to redouble their efforts to fight pollution: "To quadruple GDP between 2002 and 2020, as expected, it will be necessary to increase in the same proportions the financing of environmental management "Said the international organization earlier this week, recalling that pollution in some Chinese cities," the worst in the world, "poses a problem that exceeds the borders of China.
Pan Yue, head of the Chinese government agency Sepa, is not far from this speech in the Beijing News. "Large polluting industries are protected by local governments," he said after one of his teams was refused entry to a copper plant in Anhui province (eastern China). ).
Blue algae. Sepa, however governmental it may be, no longer hides the reality experienced by millions of people. According to the agency, a quarter of the seven main rivers are so polluted that the simple contact of water would be dangerous. A recent inspection by Sepa in 529 factories along the Yellow River, the Yangtze and other important rivers and lakes shows that 44% of them have violated environmental laws. The government recently called, with accents reminiscent of the Cultural Revolution, to "fight" against water polluters. In addition, for weeks, newspapers have been overflowing with photos and articles on the blue algae, responsible for the pollution of several large lakes. The black series started in May, with contamination of Lake Taihu, depriving 5 million inhabitants of drinking water. The new China news agency, yet a fan of positive information, reported shortly after the pollution control measures "are encountering great difficulties". Last week, information leaked from a Council of Ministers devoted to the environment: "The current situation remains quite dismal," said a leader at the exit. After ten years of double-digit growth, the revival is brutal.
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by jean63 » 09/08/07, 00:30

Weird, this topic doesn't interest anyone. yet they live on the same planet and THEIR pollution concerns US. : Evil:

Let’s keep buying Chinese and not expensive and turn a blind eye to everything that goes wrong with them, normally it should come back in the face soon.
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by zac » 09/08/07, 01:07

jean63 wrote:Weird, this topic doesn't interest anyone. yet they live on the same planet and THEIR pollution concerns US. : Evil:


Hello

If if it interests people; but Chinese civilization, one of the oldest in the world, is self-destructing so quickly that it only worries a few Chinese people.

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by I Citro » 09/08/07, 01:17

You are not wrong Jeans, but econologists do not yet weigh much in the face of the mass of consumers eager for consumption and watered with advertising ...

Change is going to happen one day ... The USSR collapsed with its economy. Economic analysts predict the same fate in the United States within 10 years maximum. Their abysmal deficit was made up by the Japanese when they had the means and invested massively in US pension funds (they did not want to see their assets reduced to nothing). then the Arabs put their hands in the wallet ... today it is the Chinese who give credit to their biggest customer .... until when ??? They will have to manage their growth at last ... They are already the leading manufacturers of electric vehicles ....
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by zac » 09/08/07, 01:36

citro wrote: They are already the leading manufacturers of electric vehicles ....


But they already don't have enough electricity for their air conditioning; it will be funny in a short time : Lol: : Lol: : Lol:

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by louphil » 09/08/07, 22:06

What challenged me the most in this article is above all (and finally ...) that the Chinese leaders no longer even dare to ignore their environmental problems, which come to the same level as their results of economic growth . I see hope there ...
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This is because the speed of light is greater than that of sound,

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by Christophe » 09/08/07, 22:33

jean63 wrote:Let's keep buying Chinese and cheap ...


Well for some products it can still be economically advantageous to buy Chinese ...the proof

Now there's a lot of shit too ... a majority even ...

I think the planet would feel much better if we stopped always choosing the "cheapest" ... so at least sustainable (lidl and ikea are not "Chinese" for example ...)
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by toto65 » 14/08/07, 13:58

risk of a stock market crash

About Krach,
World stock markets will be suspended this week from the development of the "subprime" crisis and should reflect the nervousness of investors trying to assess the extent of the difficulties facing the credit market.

Jean-Paul Betbèze Chief Economist of the Crédit Agricole SA group, explains the causes and the consequences.
Nevertheless he evokes in one sentence the risks in China.
"sooner or later we will discover that there are a little strange things in China but for the moment we benefit from these things a little strange in China"
At 9:30
http://www.radiofrance.fr/franceinter/em/ete2007/septneuf/archives.php
If you can find a simple method to register let me know : Wink:
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