With the 60-80% level of poverty at mainland China

hardly the kind who can afford or prefer to buy an Ipod instead of basic needs. China’s factories with cheap labor cost and billions worth of products are left on a quandary as to where to dump their finished products.

Appreciating how clean the 

back streets and small family stores in China are.

 Sourced from http://www.asia-insider-photos.com/stores-in-china.html

So Beijing  eyes on Hongkong as an influence for  offshore trading of yuan or renminbi  through the sale  of mainland's shares and bonds  to foreign investors.

A  step intended to fortify financial security  from  the ongoing and erratic trends  in  the USDA,  European and Asian markets. Clearly  China wants  its money as a widely traded  currency worldwide.   

Surely  high rollers will  benefit from this. However  these money paper  trail and trade  will  eventually give  in to the  same disadvantage for governments INCLUDING China and  that is the issue of poverty that remains unchecked  and will  still  be there  for the long run unless directly addressed to.

http://news.yahoo.com/china-expand-investment-options-yuan-holders-070702247.html

Uploaded by etfideas on Mar 24, 2011

Documentary by SBS Dateline (Australian TV) 
about the Chinese real estate market.

Uploaded by AlJazeeraEnglish on Feb 4, 2011

China's juggernaut economy is the envy of the world, but at what cost to the country's people and environment? 101 East investigates.

My issues against China, . . .are their curtailment of human rights, speech and religion, the use of force for fear of a fragmented nation. Including world’s record high if not second to Iran for its death penalties, their shrinking workforce as a result of their one child policy.

Incidentally China will be the first major country to grow old before it is fully economically developed. Its reversed birth rate has reached the point of no return. 

 

China's inflation rate has risen 5.1 per cent in November 2010 compared with a year ago, which is the country's fastest pace in the last 28 months. 

My issues are not with the majority of its people but rather on the atheistic government.

email:  voicefromdorient@yahoo.com
website:  http://fromd.blogspot.com