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Showing 1 - 4 of 4 results for "Politburo commands"

Feds still in a hole at the Jackson

BENJAMIN ONG  |  MONDAY, 31 AUG 2015
... policy stimulation. Nevertheless, I remain confident that China would maintain the 7% growth target that the Politburo commands. History is with me on this. China's been bashed so many times - since 2010 if memory serves me right - back in 2010 it was ...

Chexit, Checcident and Chimbo

BENJAMIN ONG  |  WEDNESDAY, 8 JUL 2015
... Politburo takes it sitting down. But it's not. May I remind you again that China is a command economy - the Politburo commands, the economy and its economic agents ask "how high"... sir. This is precisely what's happening now. The government has announced ...

Anticipatory and moderate adjustments had become necessary

BENJAMIN ONG  |  WEDNESDAY, 17 SEP 2014
... and financial agents react as they wished, hoped and prayed. Nah Virginia, China is a command economy. The Politburo commands and economic and financial agents better do as ordered or... heads will roll. Jitters over a slowdown in the Chinese economy ...

Wagging the giant doggie

BENJAMIN ONG  |  TUESDAY, 17 JUN 2014
... economy does not function according to classical or neo-classical economic dynamics - but a command economy - the politburo commands, the economy asked "do you want fries with that?" About this time last month during his visit to Mongolia, Premier Li ...
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