Freeman Report January - vol.7, no.1
January 30, 2009
As the Chinese Communist Party (CCP) approaches the 20th anniversary of Tiananmen this June, the latest wave of social unrest has foreign and Chinese analysts wondering how the Party will respond, and how bad things could get. A lackluster (for China) fourth quarter growth rate of 6.8 per cent, plus recent factory closures, property devaluations, and rising migrant and student unemployment rates, have Party leaders, including leaders at the Ministry of Public Security, calling the outlook for social order in 2009 “grim” and “arduous.” Beijing has responded with a four trillion RMB stimulus package, and even top security officials are acting like economic advisors, urging local leaders to promote faster, more equitable growth.
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