nimo_cn
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you nailed it, that is way we create GDP.But this type of growth adds up to the GDP!
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you nailed it, that is way we create GDP.But this type of growth adds up to the GDP!
well, industrilazation will solve the problem.If people are not living in rural areas and leaving rural areas, then how is agriculture being done?
I wonder if the children and old people can manage agriculture that is necessary to feel the billions of Chinese people!
Usually, the compensation offered from local government is fair or even generous, because huge value_appreication of "land upgrade" give the government enough fund( ln 2011, Chinese government earn 500 billion USD from 'land upgrade').This is same even in India for people who have migrated from villages. Our grand parents have a house in the native village. But no one lives there now. Every one including our parents live in different apartments in the city.
Also thanks for your earlier explanation. But that still doesn't explain how the corruption can be prevented in the Govt side by giving favourable contracts. And incase a majority of the people are resisting the change then what happens...I mean not evreryone in every village will accept such kind of change..there will always be resistance especially among the old people...
If traditional small agriculture business is being replaced with large scale farm, then it is back to Mao's days of communes and that had failed since if land does not belong to anyone but to the State, then none will care what is grown.well, industrilazation will solve the problem.
1.many of arable land are leased to career farmers,who rent lots of land for Large-scale farms.
but lots of arable land is abandoned indeed,for traditional farming is not profitable.
in a word ,traditional small agriculture business is being replaced with large scale farm.
2. most of Chinese food are produced in large-scale mechanized farms in huge plains in Manchuria ,North China and beside Yangzi river,such as this
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traditional small farming has not been the main resource of China food-supply for decades...
so,the youth leaving rural area don't affect the food-supply of China, but help traditional farming business upgrade to moderan large-scale farming.
After Mao most communes were dismantled but also some were kept especially in Manchuria and the northern plains in order for large-scale mechanization.If traditional small agriculture business is being replaced with large scale farm, then it is back to Mao's days of communes and that had failed since if land does not belong to anyone but to the State, then none will care what is grown.
Like most of our Punlic Sector Unit.
Nowdays,all largescale farms are profit~persuing,including state~owned ones and private ones.they are different from those old stated~owned farms,which did not care profit.If traditional small agriculture business is being replaced with large scale farm, then it is back to Mao's days of communes and that had failed since if land does not belong to anyone but to the State, then none will care what is grown.
Like most of our Punlic Sector Unit.
what do you actually mean by this part?PRC is under a constant criticism of floating their foreign reserves in US treasury bills.
two ways of doing things.But that still doesn't explain how the corruption can be prevented in the Govt side by giving favourable contracts. And incase a majority of the people are resisting the change then what happens...I mean not evreryone in every village will accept such kind of change..there will always be resistance especially among the old people...
what do you actually mean by this part?
I think its clear now.A 2005 United Nations report stated that the income gap between the urban and rural areas was among the highest in the world and warned that this gap threatend social stability. The report urged China to take greater steps to improve conditions for the rural poor, and bolster education, health care, and the
social security system. The new PPP(Purchasing Power Parity ) measurement may increase pressure within China to expand efforts to promote development in the rural areas where over 800 million people reside. According to a recent article in the Atlantic Monthly, some Chinese question why the government does not use its massive foreign exchange reserves to help alleviate poverty and respond to increasing income disparities across the country, rather than invest those funds overseas assets, such as in U.S. Treasuries.
It proves that you do not know economy at all,like'some chinese'. Foreign reserve is not government revenue. They are not asset outside china,not cash in the pocket of chinese goverment. They can be used to buy goods and service outside china,but can not be used to buy service and goods in china. Obvious,the poor need is not foreign money,but rmb or domestic goods or service.I think its clear now.
So...how did these foreign reserve come into being,.YOu printed it yourself?Foreign reserve is not government revenue
Obvious,the poor need is not foreign money,but rmb or domestic goods or service.
YOu really know a great deal of economics.Karma is a bitch?After Mao most communes were dismantled but also some were kept especially in Manchuria and the northern plains in order for large-scale mechanization.
In a separate thread http://defenceforumindia.com/forum/...mous-peasant-dies-he-never-appeared-time.html Huaxi Village is one of those who decided to maintain the "collective" farm.
In fact nowadays more and more farmers choose to go "collective" again, as individual small-scale farms are difficult to invest in public facilities and weather the market fluctuation due to lack of economy of scale.
Like Indians said "Karma is a bitch".
.
It is obviously you have no knowledge concerning international trade and economics. Foriegn Reserve is not government revenue, it is result of two main component "trade surplus" and "foreign investment". In the case of foreign investment, if you are a foreign company, you can not pay local employees, taxes, and other expenses in USD, the first step of your investment is turning your dollar into local currency. So you basically pay Chinese government in dollar in exchange of Yuan(for the case of China). However, when you decide to sell your local investment, you can not account your profit in Yuan because you are not Chinese company. You ask Chinese government to pay back the dollar in exchange of your Yuan. That is why country with high foreign investment have to maintain a high foriegn reserve balance. In a case of disaster, when billions of foreign investment are selling their asset for their money back, and local government can not pay them back. You will face a meltdown just like ASEAN nations in 1997.So...how did these foreign reserve come into being,.YOu printed it yourself?
YOu really know a great deal of economics.
Very linear thinking..
Good..now I got you where I want you to be. Impressed.It is obviously you have no knowledge concerning international trade and economics. Foriegn Reserve is not government revenue, it is result of two main component "trade surplus" and "foreign investment". In the case of foreign investment, if you are a foreign company, you can not pay local employees, taxes, and other expenses in USD, the first step of your investment is turning your dollar into local currency. So you basically pay Chinese government in dollar in exchange of Yuan(for the case of China). However, when you decide to sell your local investment, you can not account your profit in Yuan because you are not Chinese company. You ask Chinese government to pay back the dollar in exchange of your Yuan. That is why country with high foreign investment have to maintain a high foriegn reserve balance. In a case of disaster, when billions of foreign investment are selling their asset for their money back, and local government can not pay them back. You will face a meltdown just like ASEAN nations in 1997. Their is more to issue of Foreign reserve, but I will reserved my knowledge because you have never learn the fundamental of economics.It is such a basic issue that anyone read through their macro economic textbook should have a basic understanding of it. I sincerely hope you pass your economic 101 class.
So I guess is you really know great deal of economic.
well, if all indians were as ignorant to economy as you,india would have no future but to be a poor country forever.Good..now I got you where I want you to be. Impressed.
NOw that you have understood what foreign reserves is..the fundamental quiestion some of your own P in PRC ask your CPC is why not make this foreign reserve "Useful" for common chinese like you and the other people like you who are Chinese.
This was my fundamental point a few posts back.That was my very simple point.
But then again, you Chinese escalate every point without even considering the facts but blabber blahh blah blah.
BTW..the answer for my post is highlighted in your own statement though you overshot it.
The chinese people are asking your comrades "Why so much foreign investment".Why not do something about it to locally to bridge the divide between the rural and urban population.
Understood?
Before you learn economics 101..try to learn to understand English then you will be able to understand the correct intention of the question before you go all hyped up.
Be cool, this is no LAC.
Good..now I got you where I want you to be. Impressed.
NOw that you have understood what foreign reserves is..the fundamental quiestion some of your own P in PRC ask your CPC is why not make this foreign reserve "Useful" for common chinese like you and the other people like you who are Chinese.
This was my fundamental point a few posts back.That was my very simple point.
But then again, you Chinese escalate every point without even considering the facts but blabber blahh blah blah.
BTW..the answer for my post is highlighted in your own statement though you overshot it.
The chinese people are asking your comrades "Why so much foreign investment".Why not use it locally to bridge the divide between the rural and urban population.
Understood?
Before you learn economics 101..try to learn to understand English then you will be able to understand the correct intention of the question before you go all hyped up.
Be cool, this is no LAC.
Well..If you cant get it...accept it.rather than deflectwell, if all indians were as ignorant to economy as you,india would have no future but to be a poor country forever.
I will say it for the last time, foreign reserve can not be use directly helping less fortunate one in your society. The only tools are fiscal and monetary policy. You can dispute that China has bad monetary and fiscal policy but disputing why not using foreign reserve for the poor people? You are out of your mind. Okay, I have to admit you can use foreign reserve to subsidized oil company to lower the price of gasoline, but that is a bad economic policy. I do not want to bother to explain why, but I think you should know. That is another basic economic question.
I must say CCP official has use alot of government fund for their own benefit. I dislike it as much as any Chinese citizen. However, there is no way to topple the government peacefully for now, and there is no way to ensure the next government that born from blood will be better.
Foreign reserve cannot be directly used in domestic markets, but they can be well crafted for indirect use.Many annalists believe that the steady increase in America' trade deficit with China is the consequence of a significantly undervalued Chinese currency (the RMB). Namely, Chinese good are too cheap relative to American goods. Hence, Americans can buy lots of Chinese goods while the Chinese can barely afford American goods. Indeed, some economists and politicians in the United States have alleged that the Chinese government has been manipulating its currency to deliberately achieve a large trade surplus and an excessive amount of foreign reserves.
So reading both together, puts us in a cloud.There are indirect ways that the reserves can be used, however. As you say, currently the bulk of reserves are in U.S. government bonds.it could do this directly or indirectly by augmenting the lending capacity of the IMF or World Bank. It also recently used some of the reserves to recapitalize the Agriculture Development Bank. This capital injection increases that bank's ability to finance agriculture and rural development in China. The reserves can strengthen the capital base of that or other banks without being converted into Yuan.
still trying to score points? Now, we are talking about understanding english and not economics?

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