Tuesday, March 02, 2004

economy - Urbanize or not: China's dilemma

A nice overview of the enormous dilemma's China is facing in today's Chinabiz article. The government want to urbanize 200 million people in the coming ten years (compared to 100 million in the past decade). Local officials took on that task very diligently.
Now, the central government wants to stop the overheating of the economy, but finds it very hard to stop those officials in their tracks. These are the real problems China faces and has a profound influences on hundreds of millions of people.

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