Mish’s Global Economic Trend Analysis 08/26/2008

Something is going on in China that simply does not add up. Let’s start with the GDP. ChinaView is reporting China think tank forecasts GDP growth at 10.2% in Q3.

BEIJING, Aug. 8 (Xinhua) — China will record a GDP growth of 10.2 percent in the third quarter, roughly the same as the second-quarter level, according to a report released on Friday by the State Information Center, a government think tank. The report said consumption would continue to be a major driving force for the national economy. However, auto and home purchases ebbed notably in the first half, adversely affecting consumption in the third quarter.

I doubt 10.2% growth is anywhere close to sustainable in a world economy slowing so fast that a global recession is visible on the horizon. Furthermore China has a major pollution mess that needs to be addressed. China is poisoning its land, air, water, and most importantly its citizens.
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By English Analyst of Initiatives for China
08-25-2008
Initiatives for China
Contact: Jim Geheran
Tel: 202-290-1423
initiatives4china@gmail.com
www.initiativesforchina.org

The Chinese government, in a moment of understandable hyperbole, has said that hosting the Olympics has been a dream of the Chinese people for a hundred years. Exaggeration aside, the yearning for an international pilgrimage to Beijing to pay homage to the leaders of China has been a centuries old dream of China’s elite. Perhaps a dream as old as Chinese history itself.

Alas, the dream is finally realized. The heads of more than 80 nations, including more than 14 democracies and the leader of the Free World, George W. Bush, have dutifully taken an appointed perch in the Olympic Stadium, the Bird’s Nest, to witness the splendor of Olympic pageantry and in so doing, pay homage to the leaders of China.

From the bird’s nest they applaud the wonders woven before them. Below, outside the nest, a city cowers under virtual martial law.

Just a few miles away from the spectacle of One World, One Dream, lie prisons which house numerous prisoners of conscience and citizens who came to Beijing to petition the government about corruption only to be beaten and incarcerated. Just a few miles away, stand people rendered homeless by Olympic Beautification projects, their land seized and their homes demolished, and with no hope for redress.

(Two women sentenced to ‘re-education’ in China by New York Times)

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08-20-2008
Initiatives for China
Contact: Jim Geheran
Tel: 202-290-1423
initiatives4china@gmail.com
www.initiativesforchina.org

One World One Nightmare
Director: SHENG Xue
Editor: SHENG Xue Liu Xuan
Producer: DONG Xin
Translator: Michael Craig ZHANG Zhenggang ZOU Haixia QIAO Ansi

Part I

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Posted August 19, 2008
Initiatives for China
Contact: Jim Geheran
Tel: 202-290-1423
initiatives4china@gmail.com
www.initiativesforchina.org

Today is the 100th day anniversary of China’s Wen-chuan Earthquake, which, according to Chinese customs, serves as an important day in memory of the victims. According to BoXun’s Chinese website (www.peacehall.com), the Bei-chuan County government removed the blockade and allowed people to temporarily come back to honor their memorial ritual.

The founder of the Gong-min-li-liang (Citizen Power) Movement, Dr. Yang Jianli, and its members called for a memorial day for the victims of the earth quack in order to salute those who showed their human dignity in the period of the destruction. The singing, dancing, and applauds of Beijing Olympics should not diminish our memory of those who suffered, especially the children who died mainly because school buildings were poorly built as a result of a corrupt local government. Those students were supposed to watch the Olympic Game today. Let us pray for them. Between the Beijing Olympics and the Wen-chuan Earthquake, which will have a longer lasting memory in history?
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Posted Aug 18 2008
China Aid Association, Inc.
Tel: (267) -205-5210
Fax: (432)-686-8355
E-mail: info@ChinaAid.org
Website: http://www.chinaaid.org/
http://www.monitorchina.org/
Contact: Daniel Burton (432)-689-6985
Photo: Original Beijing Municipal Security Document Posted on Streets in Beijing

August 17, Monday
Midland, Texas- CAA has learned that an important secret directive issued by the Political and Legal Committee of the Central Committee of the CPC has been communicated to all the law enforcement agents including the court, PSB and prosecution agencies within China. Reliable Sources within the high level Chinese Government security sectors informed CAA recently that an unprecedented nation-wide campaign is being designed to crackdown on four specific “unstable social elements” within China.
They are: illegal Christian House Church leaders, petitioners, human rights defenders and political dissidents. The campaign will begin in October. The source, who is sympathetic to the four groups, has communicated the directive’s ongoing preparation effort to CAA. The campaign is designed to be launched in concurrence with the Government’s campaign of “China’s 20 more years of political and social stability”. On June 16, Mr. Zhou Yongkang, the head of the Political and Legal Committee of the Central Committee of the CPC who is also the former leaders of China’s KGB and MPS, one of the 9 members of the Standing Committee of the CPC’s Politburo, made an unprecedented chilling speech. It was published in an internal CPC magazine, “Qiu Shi” recently. In the speech, he called for “extraordinary measures to be taken against” those unstable elements in order to protect the CPC’s continuous ruling and economic reform.
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Contact: Jim Geheran Tel: 202-290-1423
Email: initiatives4china@gmail.com

Dr. Yang and all of us at Initiatives for China wish to express our appreciation for the rapid and effective response from Congressman McGovern’s office during the detention of Dr. Yang at the Hong Kong Airport on August 6. Immediately after the Congressman’s office was notified that Dr. Yang, a Chinese citizen with a valid Chinese passport, was denied entry into Hong Kong and detained at the airport, he established contact with the U.S. embassy and advised them of the situation. Because of Congressman McGovern’s swift action the issue was brought to the attention of the Chinese Foreign Minister. We believe that the quick response by Congressman McGovern sent a clear message of concern to the Chinese government, which precluded a more undesirable resolution of the situation. Many thanks to Representative McGovern, Senior Adviser Cindy Buhl and the entire McGovern Staff.

Posted Aug 10 2008

China Aid Association, Inc.
Tel: (267) -205-5210
Fax: (432)-686-8355
E-mail: info@ChinaAid.org
Website: http://www.chinaaid.org/ http://www.monitorchina.org/
Contact: Daniel Burton (432)-689-6985 Photo: pastor Hua Huiqi

(Beijing Church Reporter: Zhang Lujia. August 10.) Today, President Bush visited TSPM’s Kuanjie Church established by the government and attended a service. As a result of this, Brother Hua Huiqi, renowned Christian social activist in Beijing, was arrested once again by the Chinese police.
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