Austerity VS My Father is Li Gang

The 2010 most popular network glossary in USA is AUSTERITY and “My father is Li Gang” in China Mainland.  We can tell USA has not break away from the shadow of economic crisis until 2010 and China’s severest problem is anti-corruption from these two popular word and phrase. The USA’s excessive waste is worldwide well-known. Li Gang is a local governor whose son killed a college student in college campus when driving a luxury racing car to pick up his girl friend.  Li Gang’s son roared to the school guard to let everybody know his father is who and tried to escape the spot.
 
The top CTR blog about USA in China is that the teacher in USA Kindergarten made a list to the parents to show what kind of Christmas gift she wants to receive, which can show the life of USA people is really in a hard situation.
 
In China, CPI & PPI goes up and up although the Central Government said they can control the price of house and shopping basket of people. The 2010 annual average living cost is RMB1680 higher than 2009. Comparing to the annual income in village and population base, it is a huge jump in price. Let’s see the governmental statistics data about agriculture production.
 

Items

Specification Level

Current Price (yuan)

Price Change over Previous Period
(yuan)

Growth Rate

 

 

 

 

 

Non-glutinous rice

Paddy, raw grain

2.37

0.03

1.29

Japonica rice

Paddy, raw grain

2.83

0.02

0.84

Wheat

Wheat, raw grain

2.18

0.01

0.32

Corn

Corn, raw grain

2.13

0.01

0.35

Soybean

Soybean, raw grain

5.39

0.02

0.34

Seed cotton

Without Ginning treatment

10.14

-0.86

-7.84

Rapeseed

Rapeseed

4.49

0.04

0.85

Peanut

Peeled Peanut

10.75

0.05

0.47

Hog

Slaughtered Hogs 

13.73

0.11

0.82

Piglet

Piglets for hogs

17.09

-0.06

-0.33

Live cattle

Slaughtered beef cattle

17.15

0.06

0.35

Live sheep

Slaughtered live sheep

19.25

0.23

1.22

Live chicken

Live chicken, Slaughtered farm

13.39

-0.02

-0.13

Apples

Domestic products, bulk breeds

5.56

0.06

1.15

Citrus

Domestic products, bulk breeds

3.41

0.17

5.11

 

 

 

 

 

 
The situation of Korean Peninsular is becoming strict, let’s take many question marks to welcome the year of 2011.