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Most Recent Posts Courting and romance : Chinese traditional stylePosted Nov-06-06 04:01:01 PST Ok - so I am the first to admit that China is a changing place with new styles and Western influences of speed dating etc. Saying that I am very much intrigued by the romance and beauty of the traditional form of Chinese dating style which goes somewhat along the lines 1) Boy meets girl and they become friends in school, university for some years 2) Girl and boy fall in love and mutual respect 3) Girl allows boy walk her home and give kiss on cheek on night. This act changes the relationship to more than friendship ... 4) Boy introduced to family for acceptance 5) Once boy and girl know they have a definite and agreed future together the take the next step of sleeping / being more intimate each other Really interested in how the more traditional ways and approach and how it differs from 'Modern ways'. Guess I have tried and tested the 'Modern approach' that Chinese now embrace full heartedly but somewhere and something inside tells me that the Chinese traditional approach is of much more deep and meaningful value and gives much better chances in the long run to succeed in a happy unison of both people both in body, minds and souls ......Any thoughts out there from young and older generations ? Maybe I just over romanticise ....but sure we in the West have very much to learn form these Chinese traditional views and cultures - Note : I am not talking about arranged marriages or families forcing sons and daughters to be together - I am focussing on people who are together because they watnt to be but still follow up Chinese traditional approach and values .......... Will China follow USA "way of life"?Posted Nov-06-06 03:59:50 PST China is following an ultracapitalist development route now. The advantage they still have is that in the name of their "communist" ideology, they still reserve the right to interfere with the free market mechanism, which is great because any truly free market would collapse (all banks bankrupt) in a matter of a decennium or much less. The state always needs to be ready to clean up any big mess made by the capitalist class!! Capitalism can never survive itself without profound state intervention. Nevertheless, the "China is the greatest" rethoric and optimism should be looked upon with suspicion by common people. It is utterly impossible that the average Chinese will acquire the lifestyle of the average American now. That can never happen. Where would the 25 barrels of oil per year per Chinese come from? (Now 2-3!!). That does not mean China will not surpass USA, because USA must go down. But the world is to expect a totally new social development route from China. Otherwise China is going to burn all its coal and convert it to gasoline, because to drive a car is the dream of any poor who wants to become prosperous in the traditional sense. If all chinese families drive cars, goodbye to global climate!! I suggest innovation should be towards happiness without private cars, the "Chinese way of life". PS China has 0.15 hectares productive land per inhabitant. No way to grow a rich diet ever. Too many people having too few resources. China hints at shift away from dollarPosted Nov-06-06 03:57:53 PST China indicated on Thursday it could begin to diversify its rapidly growing foreign exchange reserves away from the US dollar and government bonds - a potential shift with significant implications for global financial and commodity markets. Economists estimate that more that 70 per cent of the reserves are invested in US dollar assets, which has helped to sustain the recent large US deficits. If China were to stop acquiring such a large proportion of dollars with its reserves - currently accumulating at about $15bn (EU12.4bn) a month - it could put heavy downward pressure on the greenback. In a brief statement on its website, the government's foreign exchange regulator said one of its targets for 2006 was to "improve the operation and management of foreign exchange reserves and to actively explore more effective ways to utilise reserve assets". It went on: "[The objective is] to improve the currency structure and asset structure of our foreign exchange reserves, and to continue to expand the investment area of reserves. "We want to ensure that the use of foreign exchange reserves supports a national strategy, an open economy and the macro-economic adjustment." The announcement came from the State Administration of Foreign Exchange (Safe). It gave no more details about whether this meant a big shift in the investment strategy for Chinese reserves, which according to local press reports reached nearly $800bn at the end of last year and are expected by economists to near $1,000bn this year. The regulator also said it would end quotas on the amount of foreign currency Chinese companies can acquire to invest in overseas assets, a decision that removes a bureaucratic hurdle facing companies that plan to make international acquisitions. The statement comes at a time of growing debate in China on how the reserves are invested. Some economists have called on Beijing to use the funds to finance infrastructure investment and clean up state-owned companies, or to invest in higher-yielding assets rather than financing US borrowing. However, according to Stephen Green, economist for Standard Chartered in Shanghai, although the language was "vague", Thursday's statement was the first time Safe has publicly indicated a shift away from dollar assets. "It is a subtle but clear signal that they are interested in moving away from the US dollar into other currencies, and are interested in setting up some kind of strategic commodity fund, maybe just for oil, but maybe for other commodities," he said. The Group of Seven leading industrialised economies has repeatedly called for an adjustment in global trade imbalances, including a rise in the renminbi. The US has expressed frustration that China has not allowed its currency to rise significantly after last July's 2 per cent revaluation. That saw China move from a dollar peg to managing its currency against a basket of currencies, potentially allowing the renminbi to rise against the dollar. John Snow, US Treasury secretary, speaking earlier on Thursday, repeated his call for China to allow the renminbi to rise against the dollar. "The trade deficit is influenced by lots of things, differential growth rates, differential savings rates and investment rates and so on. But clearly, getting the [Chinese currency] more appropriately valued will be helpful to the global adjustment process," he said. However, some economists believe it would be a mistake for China to shift its reserves into domestic investment or other asset classes. US says China refuses deporteesPosted Nov-06-06 03:54:20 PST http://news.bbc.co.uk/1/hi/world/americas/4811458.stm QUOTE:
The US has accused China of refusing to take back almost 40,000 Chinese immigrants who have been denied permission to stay in the country. So China has a choice. It can allow the illegal aliens back, or see them "locked up" for God-knows how long. The ball is in Beijing's court....... The United States Homeland Security Secretary Michael Chertoff described the situation as "intolerable". He said although China had taken back 800 citizens last year, that only made a small dent in the numbers. Mr Chertoff said there was a backlog of thousands of illegal Chinese immigrants in the United States. Speaking to the Associated Press news agency, Mr Chertoff said illegal immigrants were clogging detention centres at federal expense. "We can't be in the position any longer where we are paying the burden and bearing the burden for countries that won't co-operate with us and take their own citizens back," he said. According to the Homeland Security Department, the American government has spent an estimated $667m in detention costs on the Chinese, AP reports. Mr Chertoff said other countries were also refusing to take back their citizens but said the numbers from China far outweighed those from other nations. He suggested that financial decisions and a lengthy process could be behind China's reluctance to take back its citizens, but also blamed "a low priority" by the Chinese authorities. He also revealed that the Homeland Security Department would be opening detention facilities in the next few weeks to house entire families, but said "we're not going to let people get away with this". Under current legislation, illegal immigrants can be detained for 180 days before they have to be released. In October, new laws come into force which will allow illegal immigrants to be held until their home country is prepared to take them back. Mr Chertoff is due to visit China, Japan and Singapore at the end of the month. How do you handle relationship with your parents ?Posted Nov-06-06 03:51:55 PST i will always love and respect my parents.. |
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