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Violent Protests in China because of crisis! Post Reply Rate topic
Hulumas Supreme	03-Feb-2009 08:30        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 0  Alert Admin	Particularly to PRC do not talk about number but percentage please! tanglinboy      ( Date: 02-Feb-2009 22:02) Posted: 20m Chinese rural migrants jobless by Marianne Barriaux BEIJING, Feb 2, 2009 (AFP) - China said Monday about 20 million rural migrants could not find work because of the global economic crisis, as it admitted mass job lay-offs were heightening concerns about social unrest. The figure marked a three-fold increase from numbers released by the government last month, indicating the slowdown in the world's third biggest economy was accelerating and thousands more factories had closed."Due to the economic downturn, about 20 million rural migrant workers have either lost their jobs or have not yet found employment and have gone home to the countryside," Chen Xiwen, a senior official, told reporters.   "After returning to their village, what do they do about revenue'? About their lives? This is a new factor impacting this year's social stability," said Chen, director of a leading central government committee on rural issues. The revelation of millions more jobless came as Premier Wen Jiabao said China would take "extraordinary measures" to boost its economy beyond a 580-billion-dollar economic stimulus plan announced late last year. "All these measures have to be taken pre-emptively before an economic retreat," Wen told the Financial Times in an interview published Monday. China's communist leaders have long been concerned about the potential for social unrest among its roughly 800 million people who live in the nation's largely poor and polluted countryside. Before the crisis hit last year, about 130 million had left their homes to seek work in the more prosperous cities, often finding employment in labour-intensive industries that supplied the world with cheap consumer goods. But as the global crisis plunged China's traditional export markets in Europe and North America into recession, large numbers of workers have lost their jobs as their employers have closed or stopped production. Chen indicated the problem could be even worse than the headline number of 20 million rural migrant workers without jobs, as an average of six to seven million rural dwellers left their homes to find jobs in cities every year. With those people also likely to struggle to find work, Chen said "there will be fairly big pressure on employment for around 25 million rural residents". "So... ensuring employment and people's livelihood is ensuring rural stability," he said. The slowdown in the Chinese economy - which grew just nine percent in 2008 compared with 13 percent the previous year - has magnified a long-standing problem of a widening wealth divide between China's cities and countryside. China's cabinet on Sunday released a document acknowledging this, as it warned 2009 would be the "toughest year" since the turn of the century for the development of the countryside, according to the official Xinhua news agency. It said the top economic priority for the government this year was to give more support to rural areas. "The foundation for securing steady and relative fast economic growth is based upon agriculture. The toughest work of securing and improving people's livelihoods stays with farmers," the cabinet said. Partly to offset the growing problems in the countryside and stimulate rural economies, the cabinet announced 13-percent subsidies to all rural residents who bought televisions, fridges and a wide range of other home appliances. Subsidies would also be extended to a wider range of crops, as well as to farmers buying energy-efficient machinery, and to rural students from poor families, according to Xinhua. The government had already announced a range of other measures aimed at helping migrant workers unable to find jobs, including giving them vocational training and subsidies to set up their own businesses. It has also said it would extend basic healthcare cover in the countryside to cover a large majority of the population by 2011.
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trader88.sg Veteran	03-Feb-2009 08:11        trader88.sg About Contact  Quote this Post!
x 0   x 0  Alert Admin	Good spirit! equator2010      ( Date: 03-Feb-2009 02:40) Posted: Yours may be "old news" to some, but I always appreciate input and info-sharing, regardless. Well done, and keep up your kind efforts !!! scotty      ( Date: 02-Feb-2009 13:29) Posted: Old news meh? It was out just 12 hours ago.
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equator2010 Senior	03-Feb-2009 02:40        equator2010 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Yours may be "old news" to some, but I always appreciate input and info-sharing, regardless. Well done, and keep up your kind efforts !!! scotty      ( Date: 02-Feb-2009 13:29) Posted: Old news meh? It was out just 12 hours ago.
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tanglinboy Elite	02-Feb-2009 22:02        tanglinboy About Contact  Quote this Post! Style: Combined   Mood: Yells: "hello!"
x 0   x 0  Alert Admin	20m Chinese rural migrants jobless by Marianne Barriaux BEIJING, Feb 2, 2009 (AFP) - China said Monday about 20 million rural migrants could not find work because of the global economic crisis, as it admitted mass job lay-offs were heightening concerns about social unrest. The figure marked a three-fold increase from numbers released by the government last month, indicating the slowdown in the world's third biggest economy was accelerating and thousands more factories had closed."Due to the economic downturn, about 20 million rural migrant workers have either lost their jobs or have not yet found employment and have gone home to the countryside," Chen Xiwen, a senior official, told reporters.   "After returning to their village, what do they do about revenue'? About their lives? This is a new factor impacting this year's social stability," said Chen, director of a leading central government committee on rural issues. The revelation of millions more jobless came as Premier Wen Jiabao said China would take "extraordinary measures" to boost its economy beyond a 580-billion-dollar economic stimulus plan announced late last year. "All these measures have to be taken pre-emptively before an economic retreat," Wen told the Financial Times in an interview published Monday. China's communist leaders have long been concerned about the potential for social unrest among its roughly 800 million people who live in the nation's largely poor and polluted countryside. Before the crisis hit last year, about 130 million had left their homes to seek work in the more prosperous cities, often finding employment in labour-intensive industries that supplied the world with cheap consumer goods. But as the global crisis plunged China's traditional export markets in Europe and North America into recession, large numbers of workers have lost their jobs as their employers have closed or stopped production. Chen indicated the problem could be even worse than the headline number of 20 million rural migrant workers without jobs, as an average of six to seven million rural dwellers left their homes to find jobs in cities every year. With those people also likely to struggle to find work, Chen said "there will be fairly big pressure on employment for around 25 million rural residents". "So... ensuring employment and people's livelihood is ensuring rural stability," he said. The slowdown in the Chinese economy - which grew just nine percent in 2008 compared with 13 percent the previous year - has magnified a long-standing problem of a widening wealth divide between China's cities and countryside. China's cabinet on Sunday released a document acknowledging this, as it warned 2009 would be the "toughest year" since the turn of the century for the development of the countryside, according to the official Xinhua news agency. It said the top economic priority for the government this year was to give more support to rural areas. "The foundation for securing steady and relative fast economic growth is based upon agriculture. The toughest work of securing and improving people's livelihoods stays with farmers," the cabinet said. Partly to offset the growing problems in the countryside and stimulate rural economies, the cabinet announced 13-percent subsidies to all rural residents who bought televisions, fridges and a wide range of other home appliances. Subsidies would also be extended to a wider range of crops, as well as to farmers buying energy-efficient machinery, and to rural students from poor families, according to Xinhua. The government had already announced a range of other measures aimed at helping migrant workers unable to find jobs, including giving them vocational training and subsidies to set up their own businesses. It has also said it would extend basic healthcare cover in the countryside to cover a large majority of the population by 2011.
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dcang84 Veteran	02-Feb-2009 17:06        dcang84 About Contact  Quote this Post! Style: Combined   Mood:
x 0   x 0  Alert Admin	dun subscribe to the news agency then. news of demonstrations and rioting was out afew weeks ago when companies started closing their doors for good.it was also reported that gov. officials were handing out money to appease the rioters. scotty      ( Date: 02-Feb-2009 13:29) Posted: Old news meh? It was out just 12 hours ago.
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scotty Senior	02-Feb-2009 13:29        scotty About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Old news meh? It was out just 12 hours ago.
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Hulumas Supreme	02-Feb-2009 10:33        Hulumas About Contact  Quote this Post! Style: Flexible   Mood: Yells: "INVEST but not TRADE please!"
x 0   x 1  Alert Admin	Old song. scotty      ( Date: 02-Feb-2009 09:31) Posted: See this link - http://obama.wsj.com/article/05ceaew17H5SQ
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dcang84 Veteran	02-Feb-2009 09:35        dcang84 About Contact  Quote this Post! Style: Combined   Mood:
x 1   x 1  Alert Admin	Old news. scotty      ( Date: 02-Feb-2009 09:31) Posted: See this link - http://obama.wsj.com/article/05ceaew17H5SQ
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scotty Senior	02-Feb-2009 09:31        scotty About Contact  Quote this Post!   Mood:
x 0   x 1  Alert Admin	See this link - http://obama.wsj.com/article/05ceaew17H5SQ
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