One hundred years of vision and success By Peter Koenig | China Daily | Updated: 2021-08-04 07:57 JIN DING/CHINA DAILY
China s success story goes hand-in-hand with the evolution of the Communist Party of China. The founding of the Party on July 1, 1921, signaled the start of ending some 200 years of oppression by foreign powers, Western invasions, occupation and exploitation, and looting of China s rich natural resources.
One of the CPC s key objectives was to ensure China would never again be exploited or dominated by Western powers.
The CPC became a force to be reckoned with, as it grew stronger by deepening the solidarity forged among communities and regions across China, with all pursuing the same goal of independence from colonization and exploitation, and the creation of a sovereign communist China, with a sovereign socialist economy.
Our articles depend on you for their effectiveness. Share with kin, coworkers and friends.
By Peter Koenig with permission and written for China’s Chongyang Institute of the Renmin University in Beijing – for the 100 Anniversary – 1 July 2021 – of China’s Communist Party.
Pres. Xi arriving at China s National Assembly.
The legendary Chinese success story goes hand-in-hand with the evolution of the Communist Party of China (CPC) and China’s Communist Revolution that began in 1945. The foundation of the CPC on 1 July 1921 signaled the end of some 200 years of China’s oppression by foreign powers, to western invasions and exploitation, grabbing China’s territories and especially her rich natural resources – and to gain trading advantages, including from the riches of China’s resources and crafts.
ASX200 rout - What can the 1996 inflation episode teach today?
Tony Sycamore May 19, 2021 5:57 AM
Last week US core CPI hit 3%, its highest level since January 1996. The very same year that I started on the floor of the Sydney Futures Exchange as a trainee bond trader for Macquarie Bank. Share:
The 1996 inflation scare sent the bond market into a six-month tailspin. Yields on benchmark US 10 year bonds rose from around 5.50% to 7% by mid-1996. Not immune from the bond market rout, US equities topped out in May, before falling over 11% into mid-July.
Despite concerns that inflation would continue to surge as the economy strengthened, the then Chairman of the Federal Reserve Allan Greenspan, stared down the bond market vigilantes as well as fellow board members and refused to raise official interest rates.
RBA says indicate support to continue - MarketPulse marketpulse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketpulse.com Daily Mail and Mail on Sunday newspapers.