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Media
The ants, the tiger, and responsible journalismPosted by Joel Martinsen, November 27, 2007 7:30 PM
![]() Marchers from Fushun Although the immediate online storm of protest over the rumored bankruptcy of Yilishen has subsided (or has been effectively quashed), the situation continues to develop. A post from earlier today on the Guangzhou Bang blog reproduced a letter the website received from one of Yilishen's ant farmers. Here's an excerpt:
The Guangzhou Bang post contains the full email and a photo gallery from the streets of Shenyang (from which the above image was taken). There's not been much in the mainstream media about the affair, and what has been reported is difficult to find because Yilishen is no longer a searchable keyword. One bright spot is an op-ed that ran in today's Beijing Evening News (since pulled from the paper's website; see below for a screenshot). Commentator Su Wenyang indicts the press for abandoning its responsibilities to good journalism:
UPDATE: The piece has been reposted on other websites (here's a version on People Online) minus the Yilishen content. Links and Sources
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Comments on The ants, the tiger, and responsible journalism
I have a steadily escalating sense of foreboding, a presentiment that something really awful and disastrous is going to happen which constitutes a decisive move from a neo-communist ideology within which Hu's totalitarianism is understood to structure social relations in relatively homologous ways to a view of Chinese hegemony in which power relations (inter alia) are subject to repetition, convergence, and rearticulation. This will further mark a radical shift from a form of post-Maoist theory that takes mass movements as theoretical objects to one in which Wen's insights into the contingent possibilities of socialist democracy inaugurate a renewed conception of Chinese hegemony as bound up with the contingent sites and strategies of the rearticulation of American power. Like omg I personally believe that US Americans should stop purchasing Actra-Rx (yilishen). Leave Britney Alone!
brain leiter's goofing aside, I really DO have a sense of foreboding about the Chinese economy. Look at what's happened in the US surrounding corrupt mortgage lending. I have to wonder how many Harvard-educated officials in the upper echelons are wringing their hands in frustration, or waking up in cold sweats screaming "Accountability! Transparency!"
For all that the central government is praised for its conservative approach to finance, being politically unwilling to impose real transparency on business means that the markets, as well as production, will turn out to be unsustainable. Restricting the flow of information will forestall the collapse, but when it comes, it'll be of 1929 proportions, and that can't be good for the powers that be.
The comment by 'Brain' above is either an amusing example of computer-generated gibberish, or striking evidence of a substantial personal aptitude to produce the same.
Here's something from the previous millennium, for those who are really out of date.
Hi, Du Yisa, long time no see.
I'm just wondering if Zhongnanhai has contigency plans for economic slowdown and other disasters. They should have prepared for these sort of things, but they're running the politics as though nothing bad could happen.
Hi Chinab...I mean Inst.
Since my authority on the subject of your question very closely approximates absolute zero, I'm going to assume that you directed it at me out of curiosity, to see what kind of response it would elicit, rather than in expectation of something more definitive.
Here's how I see the PRC government "running the politics" regarding economic policy:
Economic policies in the PRC reflect the competition between provincial vs central interests. The central government itself is the battlefield.
When the Politburo hands out loans or other financial favors, or conversely disregards certain issues "as though nothing bad could happen", it does so in the interests of provincial powerbrokers. Without their support, different faces will appear in the Politburo. When things start to get out of control economically, the central government sets policies to contain the damage and simultaneously reassert central authority over the national economy. Ruling cliques in the central government need provincial support to stay in power, and the provinces need central authority to maintain economic stability and keep their chosen cliques in power, thereby retaining political influence and ensuring favorable policies.
This means that top authorities in China set economic policy first and foremost to retain power, and only secondly for the benefit of the economy itself. That said, since they and their backers need a stable economy to retain and consolidate their positions, they probably have numerous contingency plans to ensure this outcome.
If you press me for details, I might manage to cough up something, but that seems like enough for this comment.
Your thoughts?
Cheers
Something bad doesn't even have to happen. Many sectors of the Chinese economy today are running on the assumption that 10+% growth will continue. If that slows down to a "measly" 5% growth that will cause serious dislocations, downturns and unemployment.
None, whatsoever. I'm just a dumb Westerner with misplaced ethnic nationalism, and your writing is, as always, bountifully insightful.
Your theory seems to make more sense than what I have at the time and I'll try to remember it.