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Showing posts with label 'Chinese dream'. Show all posts
Showing posts with label 'Chinese dream'. Show all posts

Sunday, November 1, 2015

The real fight of Malaysia is at the capital markets, not the racist card or silat !

The greatest enemies of Malaysia are out there and not within. We must watch what we say and what we do to win back plus points for the country. The real fight is at the capital markets

SOME politicians are known to suffer from the delusion of grandeur. They have the fixed, false belief that they possess superior qualities such as genius, fame, omnipotence or wealth.

Psychologists say people with a delusion of grandeur often have the conviction of having some great but unrecognised talent or insight.

In Malaysia, not only do we have such politicians, but they also get into the news when they talk about the so-called “imaginary enemies” who are out to create havoc in the country.

These has-been politicians create a potent brew in seeking to make a comeback by waving the racist card.

Last week, National Silat Federation chairman and red shirt rally organiser Tan Sri Mohd Ali Rustam warned that the martial arts group is “ready to go to war” if ever challenged.

The former Malacca chief minister and a former Umno vice-president reminded the Malays that they must live with “dignity” and that “we want to send out a statement that Malays with the art of silat are still in Kuala Lumpur”.

“We do not want to go to war, but if they want war, we will go to war,” he was quoted as saying, adding that Malays were “insulted”, referring to the four Bersih rallies since 2007, which had all called for electoral reforms.

Pesaka was one of the main organisers of the red shirt rally on Sept 16, which was held to counter the Bersih 4 rally as it had suppo­sedly insulted the integrity of the Malay race.

If the warning was meant to get himself into the news, the veteran politician has surely succeeded but it surely didn’t do any good for unity in this country.

The last time he got himself into the headlines was in 2009, when he ran for deputy president and was disqualified after being found guilty of money politics.

Two years later, he celebrated his son’s marriage in front of 130,000 guests in a sports centre, which lasted eight hours, and generated a hefty food bill. It became a controversy naturally.

It must have been challenging for Rustam to try to claw himself back to the national limelight but again, we are not sure if it’s for the right reason.

For one, nobody is challenging anyone. Ordinary Malaysians are too busy trying to earn a living, paying off our bills in an increasingly inflationary environment, and coping with the depreciating ringgit.

Even those who have not bothered to check the daily prices of crude oil are doing so now as they know it has the biggest impact on our ringgit.

All Malaysians, regardless of our race and religion, are in this together, facing the choppy economic waters ahead.

Wake up, stop dreaming and stop imagining things. The greatest enemies are outside Malaysia, not fellow Malaysians.

We should be worried that our rivals, particularly our neighbours, are telling investors that they should stop investing in Malaysia because of our unstable economic and political environment. Any form of racial rhetoric, such as what Rustam said, isn’t helping us.

If it helps, I hope the organisers of InvestMalaysia, the annual Bursa Malaysia Berhad event for the global investing audience, will give Rustam the platform to make the keynote address.

Many people are working hard to showcase the diversity of Malaysia’s capital market and getting key multinational companies and global champions to drive economic growth within the Asean region.

At business gatherings, we all use our networking to impress upon our listeners that Malaysia is relevant and a prime attraction. We stress that we are not a banana republic with tribal and sectarian issues and that we are not doing the war dance and clubbing each other.

Malaysia has a sophisticated economic structure and whatever our weaknesses and failings, we need to move on next year.

The price of oil will be unstable over the next few years and we need to look at new sources of revenue to fill up our coffers. We cannot operate like we used to before.

If we have committed ourselves to taking up moderation to the international platform, we also need to practise it at the local level.

It will be seen as mere empty talk, if not double talk, if we preach moderation to the world, showcasing ourselves as a moderate Muslim country status, but allow those who preach racism locally to go untouched. In fact, they do not even get a slap on the wrist.

Malaysians of all races have been politically critical and, for sure, have been insulting each other for decades.

Umno and PAS politicians have gone for each other’s throats, in much more hostile situations. Fights and scuffles have even broken out.

Likewise, MCA-Gerakan and DAP have been slugging each other, simply because they can’t see eye to eye on many issues, and they also need to score political points.

Let’s admit it – political finesse and the ability to articulate the fine debating points have been never been the qualities of our politicians. Most times, they just shout at each other and, seriously, insult each other in Parliament. Westminster-style debates don’t exist at the Dewan Rakyat.

In my time covering Parliament, I have heard MPs making uncouth remarks, from calling fellow MPs “animals” to outrageous sexist remarks, forgetting that they, too, have mothers, wives and daughters.

Some opposition lawyer-politicians, after hurling insults, just want to get kicked out of Parliament so they can go to the courts next door to handle their cases.

Malaysians have spent too much unproductive hours on politics.

There are some political issues that we cannot resolve. This reality has to be accepted, if not managed realistically, so we can all move on next year.

We also need to stop being insecure, seeing shadows when there are none. It is also crucial that our leadership should be confident enough not to rely on these fringe groups that are taking advantage of the situa­tion.

Putting on silat or kung fu clothes, and waving the keris and sword, are only good for action movies. In modern life, the real fight is waged at the capital markets with traders, in jackets and ties, looking at their monitors.

Let us all get real – we have no time for a costume party.

The views expressed are entirely the writer’s own.

By Wong Chun Wai on the beat

Wong Chun Wai began his career as a journalist in Penang, and has served The Star for over 27 years in various capacities and roles. He is now the group's managing director/chief executive officer and formerly the group chief editor.

On The Beat made its debut on Feb 23 1997 and Chun Wai has penned the column weekly without a break, except for the occasional press holiday when the paper was not published. In May 2011, a compilation of selected articles of On The Beat was published as a book and launched in conjunction with his 50th birthday. Chun Wai also comments on current issues in The Star

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Wednesday, May 7, 2014

"Chinese dream" speaks to the whole world, offers global inspiration



When President Xi Jinping articulated a vision of prosperity, national rejuvenation and happiness for the people at the UNESCO headquarters in March, he added the best footnote yet to the notion of the "Chinese dream."

No other words about China in recent years have captured the world's attention and imagination as those two have.

The phrase, first mentioned during a speech by Xi two weeks after he was elected general secretary of the Communist Party of China (CPC) Central Committee in November 2012, has been echoed repeatedly by Chinese leaders and is considered a central mission of the new leadership.

The latest reaffirmation came on Sunday, when Chinese Vice President Li Yuanchao called on young people to work for the "Chinese dream" to integrate their personal dreams with the bigger dream of the Chinese nation's revival.

Although the country might still be years, if not decades, away from living its dream for real, the Chinese dream has provided global inspiration.

Bulgarian President Rosen Plevneliev said in January during a visit to Beijing that he admired China for its great achievement of development and that he believed the Chinese dream of national rejuvenation will benefit the whole world as well as the Chinese people.

Asha-Rose Migiro, a former UN deputy secretary-general, also said last year that the "Chinese dream" resonated with the dream of Africa, as China and Africa can achieve common development through common efforts.

This is no accident and not difficult to understand. For one thing, the Chinese dream does not run contrary to the common aspirations worldwide, but is compatible with them.

Peace, prosperity, happiness and social stability, which are the essence of the Chinese dream, are also the most fundamental components of the shared pursuits of people worldwide.

In that sense, people across the world have all dreamt of the "Chinese dream" in their own way. It is no wonder that foreigners understand the notion upon first hearing it.

The Chinese dream also offers huge potential opportunities for cooperation and mutual benefit for other countries, both economically and politically.

China's rapid economic growth has produced enormous "bonuses," not only for the Chinese people, but also for the whole world.

According to figures from the National Statistics Bureau, China has topped the list of contributors to the global economy, with up to 19.2 percent of world economic growth coming from China in 2007, compared to only 2.3 percent in 1978.

China is not only the main engine of global economic growth, but also the defender of regional peace and stability.

Unlike certain troublemakers in the region, China has the resolve to create with Asian countries a peaceful and bright future for East Asia and the rest of the continent.

The realization of the Chinese dream does not entail fracturing the dreams of other countries. On the contrary, it helps them to realize their own dreams of peace and prosperity. - Xinhua

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Wednesday, May 8, 2013

It is a Malaysian tsunami not Chinese tsunami, based on new aspirations and reality reflected in GE 13 outcome


BN fared worse this time around compared to 2008. The number of its parliamentary seats dwindled to 133 from 140. As for state legislative assemblies, the figure was even less impressive with 275 compared to 306 previously although the ruling coalition managed to recapture Kedah and legitimise its control over Perak.

For the first time since the 1969 general election, BN garnered less popular votes than the opposition. I agree with debaters who asserted that this is not a “Chinese tsunami” given the fact that the BN’s performance had also worsened in Malay majority states such as Terengganu.

“Please accept the results.” That was the closing remark of the Prime Minister, Datuk Seri Najib Tun Razak, in his media conference when accepting the Barisan Nasional’s victory in the 13th general elaction at the Umno headquarters in Kuala Lumpur.

Briefly, my preliminary observation is BN cannot be proud or, more so, swollen-headed with its achievement because prior to this it had boasted openly about winning big and securing a two-third majority in the Dewan Rakyat and recapturing states held by the Pakatan Rakyat.

Instead, its achievement is worse than in the 2008 GE because the PR had succeeded in penetrating Johor and won more seats in Sarawak – two states deemed as BN’s fixed deposit – and won additional seats in state legislative assemblies nationwide.

Although the PR had failed in its “Ubah” and “Ini Kalilah” campaign to wrest control of the Federal Government, the pact had nevertheless expanded its presence to all states.

BN had successfully recaptured Kedah and defended Perak, but failed in its attempt to win back Selangor and Kelantan although its propaganda machinery had given the impression that Selangor was already in its hand and there were hopes of winning Kelantan.

With regard to Selangor, its defeat is a major slap in the face for being so boastful.

Penang needs no mention. Both the Gerakan and MCA were totally destroyed.

The bait Najib put before the Chinese produced no results. They openly rejected BN.

Najib was stunned by the outcome and promised changes to Umno. But the poor showing compared to 2008 has made his position vulnerable.

Also, is the outcome of this general election a “tsunami Cina” (Chinese tsunami) as Najib had described them or were they the manifestation of something more significant i.e. a large number of voters no longer accept the BN and the BN-led government as it exists today?

Is it not possible that this is not a Chinese tsunami or ethnic chauvinism but instead a Malaysian tsunami that is based on new aspirations and reality, especially among the young voters?

Although BN has recaptured Kedah, its strength in all state legislative assemblies had fallen.

It almost lost Terengganu as well as surrendered many seats to PR in all states.

On the PR side, it must accept the choice of voters and any dissatisfaction and dispute must be settled in accordance with laws and regulations, and not via street protests.

Wallahualam. – Akadirjasin.blogspot.com/akadirjasin.com.
> A. Kadir Jasin is Editor-in-Chief of magazine publishing company, Berita Publishing Sdn Bhd

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Monday, March 25, 2013

No easy path to 'Chinese dream'

China’s new President last week reaffirmed his aim to achieve the ‘Chinese dream’, but the country faces many challenges on the road to fulfilling this dream.

LAST week saw the completion of China’s leadership transition, with Xi Jinping as the new president and Li Keqiang the new premier.

President Xi set the world speculating when he spoke of “striving to achieve the Chinese dream of great rejuvenation of the Chinese nation”.

One Western newspaper commented it was a collective national dream, contrasting it, unfavourably, to the “American dream” of giving individuals equal opportunities.

But to the Chinese, the promised renaissance of the nation is a reminder of the collective humiliation during the colonial era and the “dream” to win back its previous place as a world leader in science, technology, economy and culture.

High growth in recent decades has boosted China’s economy and confidence. Nevertheless, China’s new leaders face many serious challenges ahead which need to be tackled if the “Chinese dream” is to be realised.

First is the need to fight widespread corruption. Making this his main priority, Xi warned that corruption could lead to “the collapse of the Party and the downfall of the state.”

New leaders usually vow to get rid of corruption, but few have succeeded. If Xi wins this battle, it would be a great achievement.

Second are administrative procedures and abuse of official power that cause inefficiency and injustices right down to the local level.

At his first press conference, premier Li promised to shake up the system, acknowledging the difficulties of “stirring vested interests.” He promised that a third of 1,700 items that require the approval of government departments would be cut.

Frugality is to be the new hallmark. Spending will be reduced in government offices, buildings, travel and hospitality and the savings will be redirected to social development.

Third are the complexities of running China’s large and complicated economy. China aims to grow continuously by 7-8% a year. The rest of the global economy is, however, in a bad shape.

The country has thus to shift from export-led to domestic-demand led growth, and from investment-led to consumption-led domestic growth. Implementation of this new growth strategy, which the government has accepted, is not easy.

There are also the challenges of managing the currency, the huge foreign reserves and the regulation of capital flows, with the aim of having finance serve the real economy while not becoming a source of new instability.

In foreign trade, China has been very successful in building up a powerful export machine. But growth of exports to the West is slowing due to the near-recession, and new forms of protection (such as tariff hikes using anti-dumping and anti-subsidy measures) are increasingly used on Chinese imports.

At the same time, other developing countries are becoming wary of their increasing imports of cheap Chinese goods. How can China be sensitive to their concerns and strive for more balance and mutuality of benefits?

Fourth are China’s social problems. Poverty is still significant in many areas. Social disparities have worsened, with wide gaps in rich-poor and urban-rural incomes that are politically destabilising.

Redistributing income towards the lower income groups can meet two goals: reducing social inequalities and providing the demand base for consumption-led growth. The policies can include wage increases, provision of social services and income transfers to the poor.

Fifth is the need to tackle China’s environmental crises, which include emerging water scarcity, increased flooding, climate change and urban air pollution. Recent studies show the health dangers of the worsening air pollution, including links to the 2.6 million who die from cancers annually.

Many of the protests in China in recent years have been over environmental problems, including polluting industries located near communities. How can China integrate ecological concerns into its development strategy?

Sixth is China’s foreign relations. Xi last week reaffirmed China’s principle of “peaceful development” and that the country would never seek hegemony.

There is need to settle the different claims by China and other East Asian countries on the South China Sea in a proper and peaceful way and build confidence of its neighbours on this principle.

China, which is still very much a developing country in terms of per capita income and other characteristics, also need to stand with the rest of the developing world in international negotiations and relations.

At the same time, it is expected to provide preferences and special assistance to poorer countries and its investors abroad are expected to be socially and environmentally responsible.

Most difficult for China is the ability to manage foreign relations with developed countries, especially the United States. China is a rising or risen power, and viewed with some envy as a rival by those who fear losing their previous dominance.

Maintaining political stability with these powers is important; but of course this does not depend on China alone.

The above are only some of the hurdles facing China on its road to realise its dream of rejuvenation. As with any dream, it is not impossible to achieve but the road is long and difficult.

 GLOBAL TRENDS By MARTIN KHOR

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