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This is an interesting dilema

• contingencies 11y ago
  ... and precisely the sort of issue that only the Chinese government face. Hand-waving external commentators are quick to identify differences and ascribe guilt and blame, but often decisions must be made with consequences no honest and empathetic person would wish to set in motion. Look at the hydropower projects versus US military dominance of global oil... China (1.4 billion) is about 32% of Asia's (4.3b) population and 19% of the world's (7.3b). Imagine: one in five humans depends on your decision. Reply to sean as out of posties: You want transparency in decision making? The west pretends it has it, but in reality even on matters of fiscal policy it doesn't. For example, look at central bank interest rate setting. It's done by secret departments. As another example, I asked Australia's body why it didn't embrace the IBAN like Europe, Israel and a growing list of other countries. I got no reply. Pot, kettle, black.
  • seanmcdirmid 11y ago
    We all get that the Chinese government has to make tough decisions. All we are asking for is transparency and accountability, which would lead to better (less corrupt) decisions in the long term.