One can see the earlier civil rights inga sempГ© reforms, especially inga sempГ© innovation system

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There are many questionable points inga sempГ© in the common

understanding of China, one of the questions most chicken tendons: China to get rich before he became a free country or not. The concept is that as China develops into a middle-class country, it will take the style liberal democracy of the West, including the system of good governance and transparency, a strong legal basis and more independent, and numerous civil rights will be respected and protected. But as visited China in the past two weeks, I've inga sempГ© heard a version of the transshipment interesting inga sempГ© chicken and egg: if you want to become inga sempГ© more prosperous, China needs to become more freely - and not Procrastination.
The argument revolves around two factors. First, China is a middle-income country. Per capita income in China is now over $ 5,000 per year, and many coastal inga sempГ© areas have double inga sempГ© income (over $ 17 000 in Shanghai and Beijing). This is considered a middle-income international inga sempГ© (note that the cost of living is much lower in China than in the U.S. lives).

Indeed, many Chinese people are much richer than that: There are over a million inga sempГ© millionaires in China, and many Chinese can afford all the luxuries of Western youth. Cities such as Shanghai, Beijing, Wuhan, Chengdu city is full of shops for luxury children, teeth whitening room, bustling Starbucks lattes sold for U.S., and the Kaplan center type , expensive inga sempГ© prep for Chinese youth in the UK and U.S. boarding schools.
At the same time, China's economy is changing. Increasingly less on cheap exports, inga sempГ© and more complex in terms of production, and new types of services, as well as real estate. According to Andy Rothman, a macro-economic experts are highly bank CLSA in Shanghai, sclerotic public sector means that the private sector inga sempГ© is creating nearly 100% of new jobs in China China. And the private sector requires strong law of contracts than for survival. "China's economy is increasingly driven by the business, intellectual property, and real estate, but it did not have jurisdiction," Rothman said, referring to the fact that the judicial system is and ineffective decisions tend erratic. When the economy slows, as it is now and will continue as China still climb the economic ladder, the higher the risk of legal conflict will develop. State data show that, from 2008 to 2012, commercial litigation and civil maritime-related overseas, usually in disputes over things like intellectual property, up 57%.
Even if the contract is protected, the penalty is negligible. John Ford, CEO of Diamond Power Company in Wuhan, a subsidiary boilers accessories made in China by a U.S. company, told me that although his company inga sempГ© had to compete with many firms at counterfeiters local, inga sempГ© as American companies did not have any because a lawsuit is almost inga sempГ© impossible inga sempГ© to win the event, and compensation is not worth much. The local government in Wuhan Diamond Power to do more advanced inga sempГ© equipment, but Ford said the parent company in the United States are "wary" about the theft of intellectual property. "China needs a better system to deal with this problem," said Rothman, or investment will decline. Experts from places such as the World Bank and the Shanghai Institute of International Agree Department. Ideally, the Communist Party must comply with the national legal system, such as the Chinese constitution. But, Rothman and others said that people inga sempГ© can not see that changing in the direction of the next ten years, this is headwinds inga sempГ© will continue to stagnate the economy rebalance China.
One can see the earlier civil rights inga sempГ© reforms, especially inga sempГ© innovation system "household" China's population is currently divided into two unequal class - people in rural and urban population . Since the 1950s, China did not allow the rural population to the cities to work, to social benefits such as health care, pensions and education. They can only receive benefits if they return to their village - and said social inga sempГ© services in rural areas spend a fraction of what they are entitled to live in the city. Migrants have no legal rights in urban areas, they can not send their children to local schools, the income of a fraction of what legal residents in the city to earn, and they are not buying Real estate in the city, worth approximately 60% of personal reinvention in Chinese