Sprague Word

The future and more from Richard Sprague

Archive for September, 2012

Posted by sprague on September 28, 2012

The U.S. won’t solve the problems created by China’s economic juggernaut until it finds a way to tackle the big issue rather than sideshows like the country’s currency rate

http://online.wsj.com/article/SB10000872396390444549204578022710399534602.html?mod=wsj_share_tweet

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Posted by sprague on September 24, 2012

China is a country run by a bureaucratic elite that doesn’t want your participation or views,” says Stevenson-Yang. “When you have the perception that things are getting better, you can accept that. When you don’t, you might as well leave.

http://www.businessweek.com/articles/2012-09-20/china-for-many-expats-its-not-worth-it

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Posted by sprague on September 19, 2012

A middle-aged policeman also encouraged me to join the parade.
“Can I shout ‘Punish corruptions’?” I inquired.
“No, you can’t!” the middle-aged officer said, suddenly seriously.
“Only slogans concerned with Diaoyu Islands are allowed,” a young policeman chimed in.

http://english.caixin.com/2012-09-17/100438867.html

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Posted by sprague on September 14, 2012

My last night in Beijing for a while. It’s been a great few years. Looking forward to coming back next month and regularly after that. (Taken with Instagram at 南京大牌档 Nanjing Impressions)

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Posted by sprague on September 14, 2012

China’s innovation and technology shortcomings are rooted in a socio-cultural system, and an incentive system that emphasises incremental over radical change, and quantity over quality and uniqueness. No one can say that these problems will retard Chinese innovation and technological competitiveness forever.

Asia is the Miracle Over – George Magnus UBS

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Posted by sprague on September 11, 2012

Shopping for electronics in Zhongguancun. Best in China but prices and quality are generally better at Fry’s, frankly. (Taken with Instagram at 鼎好电子城 TOP Electronics City)

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Posted by sprague on September 10, 2012

Turtle head left over for whoever’s still hungry after our fantastic imperial lunch at this fancy restaurant. (Taken with Instagram at 白家大院 Bai Jia Da Yuan)

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Posted by sprague on September 8, 2012

Enjoying excellent pu’er tea at a traditional tea house near Yonghegong Lama Temple. Wish I had known about this place sooner. (Taken with Instagram at 惠量小院)

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China: Ten Grave Problems

Posted by sprague on September 8, 2012

From an influential Caijing 财经 essay by Deng Yuwen 邓聿文 (trans. Eric Mu of Danwei)

For the Communist Party, the biggest and most urgent issue to be addressed is that, in the course of leading people towards a well-off and affluent society, the Party has come to confront a crisis over the legitimacy of its rule that has resulted from: its failure to address the widening income gap; worsening corruption; inability to effectively achieve social integration; and, failure to meet public demands for increased democracy.

1. No breakthroughs in economic restructuring and constructing a consumer-driven economy.

2. Failure to nurture and grow a middle class.

3.The rural-urban gap has increased.

4. Population policy lags behind reality.

5. The bureaucratization and profit-incentivisation of educational and scientific research institutions shows no indication of being ameliorated and it continues to stifle creativity.

6. Environmental pollution continues to worsen.

7.The government has failed to establish a stable energy supply system.

8. Moral lapses and the collapse of ideology. The government has failed to build an effective and convincing value system that can be accepted by the majority of its people.

9. ‘Firefighting’ and ‘stability-maintenance’ style diplomacy lacks vision, strategic thinking and specific measures.

10. Insufficient efforts in pushing political reform and promoting democracy.

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Posted by sprague on September 5, 2012

Help! I’m trapped in a Karaoke bar, singing Chinese songs with work colleagues. (Taken with Instagram at windsor ktv)

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