Photo Of The Day

The Road Ahead

Children going to school everyday in Jinan, China.

 

This street is in the middle of the city. (screenshots below) Children who aren't overweight have an advantage whilst passing there.

 

Still there are worse roads than this in China:

Chinese Communist Party Vice-Premier Says Official GDP Figures Can Not be Trusted PDF Print E-mail
Real China
NTD Television   

Economists have long doubted the accuracy of Chinese official figures. So do Chinese officials such as Party Vice-Premier Li Keqiang. He told U.S. diplomats in 2007 that Chinese GDP figures are “man made” and could not be trusted.

His comments are described in a confidential cable released by WikiLeaks of a conversation between U.S. Ambassador to China Clark Randt and Li Keqiang, who could be the Chinese regime’s next leader. During a dinner in Liaoning Province, Li said he used three figures to gauge the economy of the province - electricity consumption, the volume of rail cargo and the amount of loans disbursed.

The cable says, “By looking at these three figures, Li said he can measure with relative accuracy the speed of economic growth. All other figures, especially GDP statistics, are ‘for reference only,’ he said smiling.”

When compiled into an index by The Economist magazine, Li’s three preferred figures paint a picture of a dynamic but volatile economy where GDP growth has plunged this year by half.

 

Search

Change font size

The 'Taboo' Show

Banned Books

The Reality

Dynaweb

Open Forum