Written by Tang Buxi, May 4nd, 2008
Caijing is one of the best news magazines in China today. Its primary emphasis is on financial and economic issues, but it also touches upon social and political commentary. Its closest analogues might be the British Economist, or the American Wall Street Journal. I plan on making translated versions of Caijing articles a regular addition to this blog.
A feature article in this month’s issue discusses the challenges and opportunities behind the Beijing Olympics. The by-line reads:
The opportunities and challenges of the Olympics were always two sides of the same coin. Despite external pressures and internal worries, it’s not necessary, nor is it possible, to modify the direction of our future progress.
The author helps us take a step back and see the larger view. The Olympics, as well as the events of the past month do indeed represent incredible challenges, but China’s development over the past 30 years can not, and will not stop on the basis of these events.