Wednesday, February 18, 2009

Can You Stomach Investing In China?

Over the past several decades China has seen many significant improvements in its national health and quality of life, surely the result of the massive amounts of capital infused into the country since its initial embrace of controlled capitalism.

According to the World Health Organization, by 2005 the average life expectancy in the Middle Kingdom was just over 70 years old, whereas in 1952 it was closer to 30. The story among China's children is even more heartening. According to UNICEF, infant mortality rates had fallen from 1990 to 2000 from 65 to 31 infants per 1,000. These are just some of the positive signs of affluence China has experienced.

But serious problems remain. The Worldwatch Institute notes that industrial pollution accidents have played a major role in poisoning China's water supply, with 20% of it falling beneath national standards. While industrialization has brought obvious improvements in health, human rights violations remain the norm.

On Feb. 9 Human Rights Watch illustrated a lengthy list of atrocities it urges the United Nations to confront China about, including: forced confessions and torture in the justice system, child labor including in state schools and persecution of religious dissidents

Source: Forbes.com

No comments:

Post a Comment