Comments on: China’s toxic leaks and social unrest Next stop? China Fri, 06 Jul 2012 10:45:14 +0000 hourly 1 By: thelaowai Wed, 17 Aug 2011 04:53:39 +0000 In the town I live in (Mianyang, Sichuan) we recently had a manganese slug pool spill into the water supply. 2 million people were left cooking with only bottled water. The mine did not report the incident and it was only later discovered and reported by the local city water authority. Considering how many fake water scares that water distributors had created over the years, nobody took it seriously. Until the city government started blocking out CCTV, Xinhua and the China daily. We could not even read the Peoples liberation Army News in Chinese. It was shocking! My girlfriends mother told us not to drink or use any city water to cook for at least 2 months. They are using rain water to wash dishes!

By: VodKnockers Tue, 16 Aug 2011 21:38:05 +0000 Back in the day US suppliers were told that to maintain their business with US customers they must meet the “China price”. Most couldn’t and their customers began sourcing out of China.

The Chinese people have been paying the “China price” for years.

Soon those sourcing from China will be paying their “China price”.

Hopefully one day the ruling elites will pay the price for despoiling China.

By: wenwen333 Tue, 16 Aug 2011 16:53:46 +0000 ‘eachtohisown’ you wouldn’t advice anyone to invest in China? Maybe you should put all your money in America then which just lost its AAA rating with over 13 trillion dollars of debt and survives on printing money.

By: wenwen333 Tue, 16 Aug 2011 16:45:09 +0000 How come you never have anything good to say about your own country George?

Sure, it’s not perfect and has many flaws just like any other country but it’s the place that raised you. Instead of always complaining about how bad it is, why don’t you do something to make it then.

By: eachtohisown Tue, 16 Aug 2011 13:51:30 +0000 Global investors when rushing into China for buying “…opportunities must also bear in mind the political risks and fast-changing social environment.”

Years ago, I naively thought: do trade with China, and it will gradually open up, increase mutual trust.
When we find (a) sham companies being put on the Market (b) Party members on the Boards of Directors (c) frank tax evasion (d) cash transactions all round (e) money disappearing, you are left wondering about the bits you cannot see.

Couple that with the sort of thing you describe, and I wouldn’t advise anyone to be investing there.