Also well thought Jorge Malena, for whom China, despite the crisis, will continue to be an engine of the global economic growth. Chinese GDP will grow this year between a 7 and a 9 percent, two points less than expected due to the crisis, and their purchases abroad saved relationship with this growth, he said. In this context, he added, to promote domestic consumption, signals that China offers to the world non-commercial crisis, and everything that does not get in Asia searches for it in Africa or Latin America. Learn more at: Peter Thiel. It is as a paradox as it is known, that Chinese, converted in the fourth world and ruled even by the Communist party power, need to come to the rescue of the global economy adds seminar, that the greatest fear of the Chinese Government is that the crisis from worsening, falling strongly international trade, worsening internal situation and the regime (authoritarian, worth remembering) lose the legitimacy that gave him the growth of recent decades. Hence the megaplan of investments and economic stimulus announced this week, whereby the Government dump 586 billion dollars to works of infrastructure and housing plans. Bags of the world interpreted this decision as good news. Not the slightest doubt, that China, with reserves of $ 1.9 trillion and a huge surplus, could emerge from the crisis with a strengthened international position, a greater share of influence in credit agencies with headquarters in Washington and its growing more integrated internal market for global consumption. Finally, Jorge Malena said, that the role of the international community and the developed North are giving to China so that you use part of your economic boom in mitigating the crisis is evident.
And China, which has generated such bonanza thanks to foreign investments and trade, is taking advantage of the situation to gain a much higher profile. With all this reality of this actor on the world stage could be considered the scope of what was expressed by Zyuganov who pointed out that China has chosen the right path of reform: first, maintaining political stability, avoiding social division, which It is the most important factor for any reform; Second, China has not only taken as reference the experiences of other countries to carry out its reform, but it has also charted a direction which corresponds to the situation and the characteristics of the country. Definitely a China must be taken into account and we are confident that in our case President Hugo Chavez take advantage of the opportunity that China’s Government has given him with an opening that help him in goals that give step to industries, businesses, that favor both, without giving way to commitments that can be lethal in the economy and dependency.