Top legislator opposes to copy western system
Aggregated Source: Jiang's Information OfficeLatest macroeconomic data shows a better trend for China’s
economy. And it is in no hurry to relax the tighten monetary policy at present,
said Fan Gang, a Chinese economist. He also pointed out that China should
prepare for a relatively high inflation over a long period, because China is
experiencing a global cycle of rising prices of energy and resources, which
belonged to global factors
Direct overseas investment by China’s companies has totaled $92.05 trillion by the
end of 2007, said Zhang Wei, Vice Chairman of China Council of Promotion for
International Trade.
Top legislator
opposes to copy western system
China
should never copy the western political system, such as ruling the country in
turn and power separation, and bicameral system,” said Wu Bangguo in a
signed article in the latest Qiushi Journal, the publication of the Central
Committee of the Communist Party of China.
Wu, Chairman of the Standing Committee of the National People’s Congress, China’s
top legislature.
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