After the opening speech of the Chinese Prime Minister at the national people’s Congress in Beijing, the words always begins counting the number of China experts. The accountability reports of the Ruling in front of the sham Parliament, there are usually phrases from a Political. Because you can at least give the number of the speech referred to political phrases indication of where the Chinese policy is evolving – and where not. On Tuesday, mentioned Li Keqiang, in contrast to the previous year, no longer the word “air pollution”. A sign that the government wants to give in the doubt of the economic developments in the priority.
The ambitious economic program, “China 2025” was also in his speech. Not to provoke the US President Donald Trump and the trade dispute is not further fanning the flames. However, in the case of topics such as innovation weakness or financial risks you could save the word count. Because Li Keqiang spoke to these problems, and warned the Chinese that “we should be enough on tougher fights in focus”.
This unusual openness shows that the economic difficulties in China are already so large that they can gloss over. So Li Keqiang on economic growth, a goal that is as low as in 30 years. With a 6.0 to 6.5 percent of the gross domestic product of China will grow this year. In the past year, the value was officially at 6.6 percent. These are still values that other people dream of economies. Many experts believe the Chinese Figures, but fined. The actual growth is likely to be only half as large and the actual problems accordingly significant.
danger of nationalism is rising
Li Keqiang announced the measures with which the Chinese economy to be stimulated. For example, tax relief or the reduction of social charges for companies. In the cities, eleven million new Jobs are to be created. Because economic growth is an important pillar of the one-party dictatorship, is threatening this development, the political stability. The danger is that the Communist party will strengthen in return, the other pillar of their legitimacy, nationalism, and more.
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in order to Ensure the planned increase in the army budget by 7.5 per cent, to close. At the conclusion of his speech, mentioned Li Keqiang explicitly Taiwan. A Signal that the people’s Republic might seek a military “reunification” with the island, which they regarded as a renegade province.
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all of This is not good news – not even for Germany. Because stability in East Asia is also in the interest of the Federal Republic of Germany. China is Germany’s most important trading partner, most of the goods come from imports in this country from there. At the latest when the imported products become more expensive, the Chinese economy problems and of the German consumer.
