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China-Japan-Koreas
Anti-Japanese Protesters Rampage in China
2005-04-17
About 20,000 anti-Japanese protesters — some shouting "kill the Japanese" — rampaged through Shanghai on Saturday, stoning Japan's consulate and smashing cars and shops in protest over Tokyo's bid for a permanent U.N. Security Council seat and perceived whitewashing of wartime atrocities.
Posted by:Fred

#5  The hype behind China's "miracle" is greater than the reality. ZF can say more on this, but it strikes me that China like most emerging markets is hugely corrupt, that banks' balance sheets and loan portfolios are far weaker than anyone supposes, that the growth is uneven and probably related more to factor inputs ie massive capital inflows than to real innovation and productivity gains. On top of this you have a brutal government, a restive rural populace, rapid urbanization with all its perils and regions that are perpetually in conflict with each other.

I seriously doubt that China can maintain growth of 8%+ per year, and doubt further that their real growth has even hit 8% per year. Hard to believe statistics generated in a notoriously opaque economy and distributed by a corrupt and brutal authoritarian regime.
Posted by: thibaud (aka lex)   2005-04-17 10:02:02 PM  

#4  The funny thing is that this will probably knock a few points off Chinese economic growth, as all foreign investors re-evaluate their options. This has got to be shaking up the Taiwanese, who have put huge sums of money into China.
Posted by: Zhang Fei   2005-04-17 8:49:00 PM  

#3  If there were 20,000 students rampaging through the Shanghai, you can bet that the Communists Party put made it possible.
Posted by: Cyber Sarge   2005-04-17 3:48:45 PM  

#2  How are you gonna keep them on the farm, once they've rioted in the big city?
Posted by: Pappy   2005-04-17 12:07:57 PM  

#1  From the looks of the photo, it would appear that the typical protester is perhaps 14 years old.
Posted by: Tom   2005-04-17 11:42:13 AM  

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