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China’s
current devaluation and once more another one have created tremors in the world
market and still the stocks are sliding, looking at the status of the economy.
The
Government has tried to stabilize the market, by curbing outflows and arresting
big investor community who tried to destabilize Yuan and Pumped money in the Banks
to create money-flow in the economy.
Still the
economy is having down-ward pressure – says Premier Li Keqiang, and still
assure that they’re trying to keep the economy on tracks.
Now, China
and Chinese Premier, start building your economy different. What happened is
happened and we can’t do anything for what has happened?
Now Private
sector will not be investing in your economy. But, the Government can do it.
Now chart yourself New Roads, Railways, Link Villages with Cities by Rail, Road
and Air, built Big Bridges, Stadiums, etc, which will pump money in the economy
and create productivity too. If you pump only money, first, it will create
inflation and second, it will enter into stock market and gets pumped out.
Next,
structure the economy and let recreate investment in the economy. What the
investment people or companies are looking for? Just create more like this.
Investment Climate for big Investors and provide them new ventures linking with
Government. As Government is with them, Investors will be getting surety about
their investment.
Now, Chinese
Government must create more employment in Villages, so that migration will be
curbed in future. So, they’ve link all the rivers, which will once more control
floods, famines and create more agriculture and more agri-related industries
respectively.
Provide more
impetus to Chinese Industries in the means of finance and promoting their
products. Don’t try to create duplicates but create new invention, which can
enhance the economy very faster. Invention creates more growth.
If you
create more help to agriculture and industries plus infrastructure, will create
a new economy which the world will be looking forward to……..When Industries,
agriculture and infrastructure improves productivity will improve and
automatically service sector will grow which is just a show-off sector. But
other sectors will be creating growth and in the basic manner for long.
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