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November 16, 2004

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Words that matter

A newspaper has selected 55 "new" terms relating to economic life in China in honour of the 55 years since the founding of the PRC. The first part includes words such as "white collar", "CBD", "sea-election", "laowai" and "internet". The second part includes "green label", "soft landing", "market economy", "audit storm", "redployment of the laid-off" and "petty bourgeoisie". The entire list makes interesting reading, as a reflection of the changes the country has gone through, especially in the past 20 years.

Moreover there is a review of "13 keywords of economic reform", which recounts some of the major economic changes in China since 1994. It really is amazing to take stock of how far China has come in such a short space of time.

 posted by Simon on 11.16.04 at 08:55 AM in the




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