Economic indicators signal recovery of Chinese economy – Global Times

Flag of the Chinese Communist Party 贛語: 中國共產黨黨...

Flag of the Chinese Communist Party 贛語: 中國共產黨黨旗 한국어: 중국공산당당기 / 中國共產黨黨旗 lzh: 中國共產黨之黨旗 Português: Bandeira do Partido Comunista da China Русский: Флаг Коммунистической партии Китая Tiếng Việt: 黨旗黨共産中國 / Đảng kỳ Đảng Cộng sản Trung Quốc 粵語: 中國共產黨黨旗 (Photo credit: Wikipedia)

China influential newspaper Global Times reports that China’s economy may have just come back for a recovery, recent economic indicators signaled.

Source: Economic indicators signal recovery of Chinese economy – Global Times

Whilst I regard this as good news, I would look for confirmation before celebrating. The Global Times is closely associated with the Chinese Communist Party. Also I fear that China’s statistics are probably not as robust as leading Western countries.

Thoughts?

Ship carrying 458 people sinks in Yangtze River – People’s Daily Online

English: Logo of the People's Daily 中文: 人民日报题字

English: Logo of the People’s Daily 中文: 人民日报题字 (Photo credit: Wikipedia)

Not surprisingly, this tragic disaster is the most read article in the People’s Daily, the official newspaper of the Chinese Communist Party.

via Ship carrying 458 people sinks in Yangtze River – People’s Daily Online.

Tourism is big-business in China and this disaster reflects badly on China.

Three years ago, I was on a similar ship on the Yangtze and had a lively debate with an American engineer about the construction of the Three Gorges Dam. His argument was that the public safety lobby never would have permitted the building of the dam in the US.

The current disaster will reopen the issue of public safety in modern China.

Thoughts?