Ergo Space Pig
Saturday, December 26th, 2009Tags: shanghai.culture
Tags: shanghai.culture
Tags: china.frauds
Tags: china.commerce
Tags: china.frauds
[Cross-posted at FOARP]
Remember Shishou? It was before Urumqi, but after Lhasa. Well, the five people who the local authorities have accused of “organising and inciting” the riots in which more than 60 police officers were injured have been sentenced, and the sentences seem to have been quite light – 5 years imprisonment being the longest. German Sino-blogger JustRecently has a good round-up of the coverage here. Noteworthy points?
1) Not insubstantial compensation was paid to the family of the man who allegedly committed suicide even after family members were arrested for inciting disturbances.
2) The local party chief was forced to resign.
3) Upwards of ten thousand people took to the streets, dozens of policemen were injured, yet only five people were punished.
What does this tell us? Where ethnic minorities upon which the government is not reliant for support protest they are punished severely as the ultimate cause which they seek is greater autonomy, which severely risks the unity of the Chinese state as it stands. However, where Han protest both the methods of policing deployed against them and the punishments used against those who lead the protest will be much less harsh – why? It is because no Chinese government can afford the kind of loss of prestige that would result from the use of harsh methods against the very people that the Chinese government truly relies on for support and which it truly represents. For the events of 20 years ago to be repeated would mean the death-knell of the Chinese state as it stands.
I do not even know if the block was a decision made by a person, or the effects of a filtering software that decided we had too many “sensitive” keywords. There is no hotline you can call and say: “Comrade, why did you censor my website?”Danwei.org is in good company: YouTube, Facebook, Twitter and hundreds of other foreign sites are inaccessible in China at the moment. But the difference between those sites and mine is that I live in China, and the website is part of a company that operates in China and pays my bills. We’re also small: we are not a platform for citizens broadcasting their opinions like Twitter. It was something specific that we published that got us blocked, and it feels personal.
Tags: real.ity
Capital account convertibility for the yuan would subject Beijing’s policies to the judgments of individual investors at home and abroad capable of contributing to large capital flows, including highly temporary and speculative gushes. It would put China’s economy much more at the mercy of global financial forces.
Mind you, it’s understandable after the Asian Financial Crisis of 1997 that the powers that be do not want to expose the yuan to Homerian struggles. Hong Kong, though…
Remember all the lectures from quarters such as the WSJ to China about its currency? And yet, while steadily ignoring all the advice, China has managed to maintain a stable currency for over a decade now. Indeed, over the past eight years, China has done a much better job than the US about managing its currency. Funny how that worked out, isn’t it?
Tags: basic.economics, 工商法