Big V’s speech being banned: Ren, Ze-Ping, the Chinese famous economist, speech being banned for involving publication of “printing money to encourage births”
Ren, Ze-Ping, the Chinese famous economist published the theory of “printing money to encourage births” which asserted the Central Bank to print 2 trillion RMB and spend 10 years’ time to encourage the society to birth 50 million babies to solve the labour and economic problem in China nowadays, the relevant speech triggered tremendous dispute. Chinese media found on Wednesday that Ren’s weibo and weixin public account were banned. Some analysis thought that his speech not only unassisted to solve the economic problem in China and would affect the stability of the society.
Ren, Ze-Ping, the former Heng Da Group Chief Economist who has 3,756,000 fans published the the theory of “printing money to encourage births” which asserted disputes. China media found on Wednesday that his weibo account showed “the account was in the status of being banned speech because of violating relevant laws and regulations” and his weixin public account, “ze-ping macroscopic” was banned as well. According to the report from Securities Times, Ren Ze-ping’s weibo and weixin public’s speech were banned two weeks, and other accounts from alternative media platforms were not affected.
Analysis: speech not only unassisted to solve the economic problem in China but also influences society stability
China Finance scholar pointed out that nowadays the economic downward pressure is very big and the Trioka which pulls economic growth (i.e. consumption, investment and import & export) lost their power, in addition with the severe trend of population aging, the eligible labour force is far behind the expectation from external general anticipation. But he thought the speech of Ren not only unassisted to solve the current problem and influences the society stability of China.
Source: RFA #Jan13
https://www.rfa.org/cantonese/news/baby-01132022062917.html
#RenZePing #Economic #Banned #Weibo #Weixin
Ren, Ze-Ping, the Chinese famous economist published the theory of “printing money to encourage births” which asserted the Central Bank to print 2 trillion RMB and spend 10 years’ time to encourage the society to birth 50 million babies to solve the labour and economic problem in China nowadays, the relevant speech triggered tremendous dispute. Chinese media found on Wednesday that Ren’s weibo and weixin public account were banned. Some analysis thought that his speech not only unassisted to solve the economic problem in China and would affect the stability of the society.
Ren, Ze-Ping, the former Heng Da Group Chief Economist who has 3,756,000 fans published the the theory of “printing money to encourage births” which asserted disputes. China media found on Wednesday that his weibo account showed “the account was in the status of being banned speech because of violating relevant laws and regulations” and his weixin public account, “ze-ping macroscopic” was banned as well. According to the report from Securities Times, Ren Ze-ping’s weibo and weixin public’s speech were banned two weeks, and other accounts from alternative media platforms were not affected.
Analysis: speech not only unassisted to solve the economic problem in China but also influences society stability
China Finance scholar pointed out that nowadays the economic downward pressure is very big and the Trioka which pulls economic growth (i.e. consumption, investment and import & export) lost their power, in addition with the severe trend of population aging, the eligible labour force is far behind the expectation from external general anticipation. But he thought the speech of Ren not only unassisted to solve the current problem and influences the society stability of China.
Source: RFA #Jan13
https://www.rfa.org/cantonese/news/baby-01132022062917.html
#RenZePing #Economic #Banned #Weibo #Weixin
Radio Free Asia
【大V禁言】中國著名經濟學家任澤平 涉發表「印錢生娃」論遭禁言
知名經濟學家任澤平早前發表「印錢生娃」論，主張央行多印2萬億鼓勵社會多生5千萬小朋友，解決中國勞動力及經濟問題。言論引發爭議。媒體發現，他的微博及微信公眾號已遭禁。分析認為，這番言論影響社會穩定。
Washington is getting China wrong
Evergrande group, one of China’s largest property developers, is tottering on the brink of bankruptcy. Its founder, Hui Ka Yan, is scrounging to find the cash to meet payments on the $300 billion his company owes. Beijing has warned local officials to prepare for possible fallout if the gargantuan firm collapses. Around the world, financial analysts are wondering if Evergrande is China’s “Lehman moment,” the starting gun for a destructive wave of defaults that could take down the nation’s banks and set back the country’s—and the world’s—already shaky recovery from the pandemic-induced economic downturn.
Source: The Atlantic #Oct11
https://www.theatlantic.com/international/archive/2021/10/evergrande-china-us/620360/
#Washington #China #Evergrande #Economic #Beijing
Evergrande group, one of China’s largest property developers, is tottering on the brink of bankruptcy. Its founder, Hui Ka Yan, is scrounging to find the cash to meet payments on the $300 billion his company owes. Beijing has warned local officials to prepare for possible fallout if the gargantuan firm collapses. Around the world, financial analysts are wondering if Evergrande is China’s “Lehman moment,” the starting gun for a destructive wave of defaults that could take down the nation’s banks and set back the country’s—and the world’s—already shaky recovery from the pandemic-induced economic downturn.
Source: The Atlantic #Oct11
https://www.theatlantic.com/international/archive/2021/10/evergrande-china-us/620360/
#Washington #China #Evergrande #Economic #Beijing