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The government has started debt management, but you can't expect the effect will take place right away. On the other hand, the debt owned by SOEs is not an urgent problem, at least to me. SOEs owe the money and Banks own the money. Both SOEs and Banks are owned by government. If government...

You can check the following the link. You will see my point. From 1931, debt increased in an very high speed. https://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt_histo3.htm

If majority of non-financial Enterprise's Debt is owned by Sate-owned Enterprise, then it should be much easier for China government to resolve the debt issue. Since government also owns all the main banks in China, under such scenario, government just needs give order if want to reduce debt...

Since you clarified that you didn't mean percentage nor absolute amount, but the rising speed of debt in your previous comment, then I said the rising speed of debt of US and UK back to 1930s was very high too. And also said the added absolute amount of debt of UK Japan and US were large because...

http://www.theatlantic.com/business/archive/2012/11/the-long-story-of-us-debt-from-1790-to-2011-in-1-little-chart/265185/ Now you refer to the absolute amount of debt? Don't switch the talking point so often. I can't follow ya. Let me give a simple example. Debt from 1000 to 2000 is double or...

The speed of debt rising was quick too for US and UK back in 1930s when their governments pumped a lot of money into manufacturing sector to stimulate economy. China is on that stage now And I think China is willing to stay on this stage and consider manufacturing sector as the basis of a...

Great analysis. Usually the total debt includes four sectors: government, financial, non-financial enterprise, and personal & household. When people talks about and compares different countries' debts, they have to clarify which debt. Apart from non-financial enterprise, China's debts among...

This is not a bad signal to China at all. The implication behind this message is that if China pays enough, everything is possible.

Oh GOD. Again? I never said that Politician controlling the Medias, or Medias controlling the Politician. What I said is they are both controlled by money and owned by money. Money makes the real deals behind scene, decides which one can be the candidates for public to vote The medias and...

Regardless of content, I have to give you the thumbs up for the attitude.

I never said politician controlling medias. I said politician and medias are not independent from each other. Why you kept asking me to prove the point I never said? Like I said before, the attacks, fights, splits shown among the medias never touched the core value of the system. Have you seen...

Finally. You got the thing right. We are debating whether or not Medias are independent from Politics. The fact that money control both media and politics does mean that medias aren't independent from Politics. They are connected via the money and work for the money. Since you accept money...

LOL. You really did make me laugh loud this time. The sole purpose of capitalism is making profit. Maximizing the profit is the sole and ultimate goal of capitalism. Competition, the sole purpose of capitalism? Where the hell you learned this kind of stuff?

I am debating your thesis between politician and media. Politician and media are not independent with each other. I am not saying politicians control medias nor politicians depend on medias. They both are owned by money Were you born just now? Money bring power, power bring competition, leading...

Oh God, you Need go to the elementary school again. In US money controls everything including medias and political system. In contrast, in China, political system controls and dominates money. Wrong again. Where did you learn that money or corporations have to compete with each other? And more...

Again wrong. Money controls all politicians. No politician can be elected without money. All media are controlled by money too. Politician and media both have a same boss---money. Both politician and media are not independent with each other. Your point is wrong. You are using the ways of...

The term of capital I used here is related to capitalism Now you understand my point?

Medias in US are controlled by capital. Does that make it clear to you?

Wrong again. In US Capital owns medias and owns the politicians Therefore Medias and political system are not independent with each other. The media system in the US is not controlled by us government, is controlled by capital.

Of course China medias are controlled by China government. However, the criticisms on China are from Western medias. Those criticisms, no matter right or wrong, true or fake, always directly are on the core value of China's system. And those voice are profound and dominant. On the other hand...