Domestic market key to China's economy

CHINA
Davos:

Davos (AsiaNews/Agencies) - As China's economy recovers from a "soft
landing", its big challenge this year will be to prevent overheating whilst
still promoting growth, said Fan Gang, head of China's National Economic
Research Institute, in his address to the World Economic Forum in Davos,
Switzerland, an organisation that focuses on world economic issues.

For at least a decade, China has been a major focus at the forum. With a
growing economy and expanding industry, it has been an engine of economic growth
for other economies that depend on it for their own growth and import-export.

However, results for the world's second largest economy are lower than in
previous years, posting growth of 7.8 per cent last year, its weakest
performance since the 1990s. In fact, manufacturing is down, whilst a real
estate bubble fuelled by government investments is creating jitters.

Still, things started to look up at the end of 2012 when fourth quarters
figures showed faster growth than even Chinese leaders expected.

"Now I can say the 'soft landing' has landed last year, and now it's under
way to recovery," Fan said. "This year China can grow around 8 to 8.5 per cent,
and that will lay down a good foundation for the next couple of years". The
challenge will be, he explained, to see how the central government and the
banking system can work together to maintain growth.

For him, 2013 could also be the year to start the new round of financial,
economic, regulatory and social reforms. The goal however must not to allow
added government spending to promote further heavy borrowing and overheating of
investments.

"The new leadership is now talking about reform and reform and reform, and
restructuring, restructuring and restructuring," he noted.

Ma Weihua, president and chief executive of China Merchants Bank, was also at
the forum.

In his view, domestic consumption holds the greatest potential because it is
still low in China-35 per cent compared with 70 per cent in the United States.
But, in his view, if the government wants to increase spending it needs to
address social security issues and income disparities.


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Be Not Afraid


  • It is the heart afraid of breaking that never learns to dance. It is a dream afraid of waking, that never takes a chance. It is the one who won't be taken, who cannot seem to give. And the soul afraid of dying, that never learns to live. A.McBroon

Spirituality


  • Spirituality is anything that reminds us we are already in the presence of a Loving God. Krister Stendahl
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The Catholic Church

  • God Is!
    "In a way, all history cries aloud that God is." Pope Leo XIII
  • An important historical fact
    "The Catholic Church herself is an historic fact. Like a great mountain-range she bestrides the history of the past two thousand years. Whatever may be the attitude adopted toward her, it is impossible to escape her." Pope Pius XII
  • Not easily understood
    "Catholicism is a deep matter, you cannot take it up in a teacup." Venerable John Henry Newman
  • Not Perfect
    "Ought history to hide the faults of men and Orders? It was not after this fashion that the Saints laid open the scandals of their times... God indeed has conferred upon His Church the prerogative of infallibility, but to none of her members has He granted immunity from sin. Peter was a sinner and a renegade, and God has been at pains to have that fact recorded in the Gospels." Jean-Baptise Henri Lacordaire, O.P.
  • The Church
    "There is not and never was on this earth, a work of human policy so richly deserving of examination as the Roman Catholic Church... She saw the commencement of all the governments and of the ecclesiastical establishments that now exist in the world, and we feel no assurance that she is not destined to see the end of them all. She was great and respected before the Saxon had set foot on Britain, before the Frank had crossed the Rhine, when Grecian eloquence still flourished in Antioch, when idols were still worshipped in the temple of Mecca. And she may still exist in undiminished vigour when some traveler from New Zealand, in the midst of a vast solitude, takes his stand on a broken arch of London Bridge to sketch the ruins of St. Paul's." Thomas Babington Macaulay

It Will Decide Everything

  • IT Will Decide Everything
    “Nothing is more practical than finding God, that is, than falling in love in a quite absolute, final way. What you are in love with, what seizes your imagination will affect everything. It will decide what will get you out of bed in the mornings, what you will do with your evenings, how you spend your weekends, what you read, who you know, what breaks your heart, and what amazes you with joy and gratitude. Fall in love, stay in love, and it will decide everything.” Pedro Arrupe S.J.

Can you beat this?


  • Jesus promises you two things. Your life has meaning and you will live forever. If you get a better deal than that, take it!!!

Youth learn by example


  • Nothing is so contagious as an example, and our every really good or bad action inspires a similar one.

Youth learn by example


  • Nothing is so contagious as an example, and our every really good or bad action inspires a similar one.

The Second Coming

  • I've no idea when Jesus is coming back. I'm on the Welcoming Committee, not the Planning Committee!

The Problems of Sin and Imperfection


  • Indeed each time we attempt to force a solution or our difficulties in a quick, easy way we refuse to enter the school of life. This is especially true of the problems of sin and imperfection. Our personal inclinations to certain types of sin and imperfection will be with us as long as we live. They are rooted in our unique nature and in the dark recesses of our past. To be sure, we must try to overcome them in the current of our existence, but we must also humbly accept the fact that possibly we shall never be wholly rid of them in spite of our efforts. It may be that we must live with a certain imperfection to the end of our life; that we must patiently try to cope with it in countless ways while never succeeding in eliminating it. A certain sin may persecute us until our last breath, humiliate us in the eyes of others, escape our understanding, and fill our eyes with tears. This fact we must accept. The Lord will never ask how successful we were in overcoming a particular vice, sin, or imperfection. He will ask us, “Did you humbly and patiently accept this mystery of iniquity in your life? How did you deal with it? Did you learn from it to be patient and humble? Did it teach you to trust not your own ability but My love? Did it enable you to understand better the mystery of iniquity in the lives of others? Did it give you the most typical characteristic of a truly religious person—that he never judges or condemns the sin and imperfection of others?” The religious man knows from his own life that the demon of evil can be stronger than man even in spite of his best attempts; he knows that it is the patience, humility, and charity learned from this experience that count. Success and failure are accidental. The joy of the Christian is never based on his personal religious success but on the knowledge that his Redeemer lives. The Christian is the man who is constantly aware of his need of salvation. Acceptance of the mystery of iniquity in our project of existence is a school of mildness, mercy, forgiveness, and loving understanding of our neighbor.

Suffering


  • There is at this moment, in the world, at the back of some foresaken church, or even in an ordinary house, or at the turning of some deserted path, a poor man who joins his hands and from the depth of his misery, without very well knowing what he is saying, or without saying anything, thanks the good Lord for having made him free, for having made him capable of loving. There is somewhere else, I do not know where, a mother who hides here face for the last time in the hollow of a little breast which will beat no more, a mother next to her dead child who offers to God a groan of an exhausted resignation, as if the Voice which has thrown the suns into space as a hand throws grain, the Voice which makes the worlds tremble, had just murmured gently into her ear, “Pardon me, one day you will know, you will understand, you will give me thanks. But now, what I am looking for is your pardon. Pardon.” These—this harassed woman, this poor man—are at the heart of the mystery, at the heart of the universal creation and in the very secret of God. What can I say of it? Language is at the service of intelligence. And what these people have understood, they have understood by a faculty superior to the intelligence although not in the least in contradiction with it—or rather, by a profound and irresistible movement of the soul which engaged all the faculties at once, which engaged to the depth of their entire nature…. Yes at the moment that this man, this woman, accepted their destiny, accepted themselves humbly—the mystery of creation was being accomplished in them. While they were thus, without knowing it, running the entire risk of their human conduct, they were realizing themselves fully in the charity of Christ., becoming themselves, according to the words of St. Paul, other Christs. In short, they were saints.

WORK TIRELESSLY FOR PEACE

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Spirituality


  • Spirituality is anything that reminds us we are already in the presence of a Loving God. Krister Stendahl

I will not fear, for you are ever with me


  • My Lord God, I have no idea where I am going. I do not see the road ahead of me. I cannot know for certain where it will end. Nor do I really know myself, and the fact that I think I am following your will does not mean that I am actually doing so. But I believe that the desire to please you does in fact please you. And I hope I have that desire in all that I am doing. I hope that I will never do anything apart from that desire. And I know that if I do this you will lead me by the right road, though I may know nothing about it. Therefore will I trust you always though I may seem to be lost and in the shadow of death. I will not fear, for you are ever with me, and you will never leave me to face my perils alone. Thoughts in Solitude by Thomas Merton

History of Maryknoll

  • Bishop James A Walsh
    James Anthony Walsh, son of James Walsh and Hanna Shea, was born in Cambridge, Massachusetts, on February 24, 1867. After completing his elementary education in the public schools, he attended Boston College High School where, in extracurricular activities, his skills in debating and journalism were first recognized and developed. He began his college program at Boston College, interrupted it to study bookkeeping, transferred to Harvard College as a "special student", and completed his studies at St. John's Seminary in Brighton, Massachusetts. He was ordained on May 20, 1892, at the Cathedral of the Holy Cross in Boston. Early Accomplishments After ordination, Walsh was appointed curate at St. Patrick's Church in Roxbury, Massachusetts where he directed sodalities and organizations for both the young men and women of the parish. In 1903, he was appointed Diocesan Director of the Society for the Propagation of the Faith and in 1907 founded The Field Afar magazine, a monthly publication about the foreign missions of the Catholic Church. The Catholic Foreign Mission Society of America Walsh's interest in the foreign missions led to his founding, together with Rev. Thomas Frederick Price, the Catholic Foreign Mission Society of America (C.F.M.S.A.) (commonly referred to as the Maryknoll Fathers and Brothers) in 1911. He acted as spiritual father and co-founder, with Mother Mary Joseph Rogers, of the Foreign Mission Sisters of St. Dominic (now called Maryknoll Sisters of St. Dominic). He served as Superior General of the Maryknoll Fathers and Brothers until his death in 1936. During the founding process and in his service as Superior General, Walsh made trips across the United States, to Rome and to other places throughout the world. A Lifetime of Service In 1933, Walsh was elected to the episcopacy and named Titular Bishop of Siene. He was consecrated in Rome on June 29, 1933, in the College of Propaganda Fide by Cardinal Fumasoni-Biondi. He died at Maryknoll, New York, on April 14, 1936.
  • Fr.Price
    Youth and Education As a youth, Price had close contact with the priests of his parish (St. Thomas, Wilmington, North Carolina). One priest who figured prominently in his early life was Bishop James Gibbons, newly appointed first Vicar Apostolic of North Carolina. Gibbons established his headquarters at St. Thomas Church and soon began to show a special interest in young Price. Price often served Mass for Gibbons and accompanied him on special trips throughout the Vicariate. With his religious background (especially the deep devotion of his mother to the Blessed Virgin), Price soon felt an attraction to the priesthood. He confided his interest to the parish priest, Fr. Mark Gross, and arrangements were made for him to enter St. Charles Seminary at Catonsville, Maryland, in August, 1876. On route to the seminary by ship, Price escaped death in the shipwreck of the Rebecca Clyde. Price attributed his survival to the intercession of the Blessed Virgin Mary. After the accident, he returned home until January 1877. Price attended St. Charles' Seminary from January 1877, until his commencement on June 28, 1881. On September 1881, he entered St. Mary's Seminary, Baltimore. He was ordained to the priesthood on June 20, 1886, by Bishop Northrup at the pro-cathedral in Wilmington, North Carolina (Both of Price's parents had died prior to his ordination.) Price was the first North Carolinian to be ordained to the priesthood, and he was assigned to missionary work in the eastern section of his native state. Early Years of Priesthood Within one year after his ordination, Price was appointed the pastor of the few Catholics in and around the towns of Asheville and Bern. After the first few years of priesthood, he obtained permission from Bishop Haid, his ordinary, to begin a statewide evangelization program. His methods were influenced by Fr. Eliott, a famous Paulist preacher. One of Price's tools for evangelization was the publication of the magazine Truth, which he began to publish and edit in April 1897. A second tool was the establishment of Nazareth Orphanage in 1898. Price's plan was to first help the underprivileged of an area and thereby win the favor of the general population who would then be more inclined to listen to the message of the missionary. Following the success of the Nazareth Orphanage, Price organized summer catechizing teams of seminarians. Finally, in 1902, Price opened his missionary training house at Nazareth. It was a preparatory seminary whose sole purpose was the education and formation of missionaries for the home missions. It was called Regina Apostolorum. From 1902 to 1909, Price directed the Regina Apostolorum and acted as its primary teacher and spiritual director. Plans for a Foreign Mission Seminary As time went on, Price began to emphasize more and more often in the pages of Truth the need of a seminary for the training of young American men for the foreign missions. At the same time, Rev. James Anthony Walsh, of Boston, was developing the same idea in the pages of The Field Afar. At the Eucharistic Congress in Montreal in 1910, the two priests met and began to formulate plans for the establishment of a seminary for foreign missionaries. With the approval of the American hierarchy, the two priests traveled to Rome in June 1911, to receive final approval from Pope Pius X for their project. After meeting with the Holy Father, Price traveled to Lourdes for the first time. During his stay at Lourdes, Price had a spiritual experience that was to significantly affect all of his future life. Price refers to the experience in his personal diary. A special devotion to Our Lady of Lourdes and Bernadette Soubirous would follow him all the way to his death. Returning to the United States, Price, together with Walsh, began the plans for the establishment of the new seminary and the foreign mission society. After a brief stay at Hawthorne, New York, property was purchased at Ossining, New York, for the site of the new society: the American Catholic Foreign Mission Society (popularly known as Maryknoll). Foreign Missions Begin Price made an around-the-country tour of America to gain support for the new endeavor. By 1918, three young priests (Frs. James E. Walsh, Francis X. Ford, and Bernard F. Meyer) were ready for the foreign missions in China. On September 7, Price went with them as superior to the new missions. From the time of the foundation of Maryknoll, Price had understood that Walsh was the one capable of administering and directing the seminary itself. Price himself had always hoped to be chosen as one of Maryknoll's first missioners, and his dream was realized. Because of his age, Price had great difficulty learning the Chinese language. He also suffered from physical ailments. On September 12, 1919, he died in Hong Kong as a result of a burst appendix. In 1936, his body was exhumed and transferred to the cemetery at Maryknoll, New York. In 1955, his remains, together with those of Bishop James A. Walsh, were finally interred in the crypt below the Maryknoll Seminary Chapel.
  • History
    Maryknoll was established in 1911 as the Catholic Foreign Mission Society of America by the Bishops of the United States. Responsibility for its development fell to two diocesan priests, Fr. James Anthony Walsh of Boston and Fr. Thomas Frederick Price of North Carolina, with the commission to recruit, send and support U.S. missioners in areas around the world. On June 29, 1911, Pope Pius X blessed the founding of Maryknoll. Maryknoll's first missioners left for China in 1918. Today there are over 475 Maryknoll priests and Brothers serving in countries around the world, principally in Africa, Asia and Latin America.

A Chinese Proverb


  • Tell me and I'll forget; show me and I may remember; involve me and I'll understand.

Chinese Wisdom

  • When we see men of worth, we should think of equaling them; when we see men of a contrary character, we should turn inwards and examine ourselves.
  • The superior man cannot be known in little matters, but he may be entrusted with great concerns. The small man may not be entrusted with great concerns, but he may be known in little matters.
  • The man who in view of gain thinks of righteousness; who in the view of danger is prepared to give up his life; and who does not forget an old agreement however far back it extends - such a man may be reckoned a complete man.
  • Recompense injury with justice, and recompense kindness with kindness.
  • If a man takes no thought about what is distant, he will find sorrow near at hand.
  • Those who are contented with what they have are often happy.
  • “A single beam cannot support a great house. ”
  • A vacant mind is open to all suggestions, as a hollow mountain returns all sounds.”
  • One's good deeds are only known at home; one's bad deeds far
  • He who rides a tiger is afraid to dismount.
  • Not the cry, but the flight of the wild duck, leads the flock
  • Much wealth will not come if a little does not go.
  • Words are the voice of the heart.
  • The journey of a thousand miles starts with a single step.
  • Virtue cannot live in solitude; neighbors are sure to grow up around it.
  • When anger arises, think of the consequences.

God Needs Us


  • The hardest cross to bear in life is the thought that we are wasting our time, that we are useless, that the world is rushing along and we, apparently, have not yet found our feet. For the missioner the monotony of merely marking time, of facing petty tasks, or even manufacturing small jobs to kill time can be especially disheartening. This monotony readily suggests to a nervous conscience that we could be doing better work elsewhere, that we are not really appreciated at our full worth, and that we are not given a chance to show what we could accomplish in busier circumstances. All of us have our daydreams of ideal conditions in which we modestly achieve wonderful success through our own plans, and in these dreams it is difficult at times to distinguish between inspiration and vanity. We all have our moments of dreadful tedium, when even our favorite books are distasteful and when we favor a chance visitor with unusual cordiality. At such times we could recall with profit the worlds of the blind English poet Milton: “ Thousands at His bidding speed, and post o’er land and ocean without rest; they also serve who only stand and wait.” God needs us where we are at; we are active even being merely on call; and the Omnipresent God is beside us even when we feel alone….Sentry work is essential though seemingly inglorious. There is a tendency in modern moods to emphasize the emotional side of religion; and we are all somewhat tainted by this error. We are only too prone to look for sensible consolation in our mission work, and in their absence we are tempted to take a grim view of life. The remedy for this self-centered condition is contemplation and service of God. Contemplation takes us out of ourselves and focuses our attention on God; service of God instinctively issues from our contemplation. We see that God needs us in His redeeming of the human race; and we forget ourselves in satisfying God’s need. Bishop Francis Ford M.M.

Decisions

  • focus
    "There is, I think, nothing in the world more futile than the attempt to find out how a task should be done when one has not yet decided what the task is." - Alexander Meiklejohn

From I have a Dream


  • And this will be the day -- this will be the day when all of God's children will be able to sing with new meaning: My country 'tis of thee, sweet land of liberty, of thee I sing. Land where my fathers died, land of the Pilgrim's pride, From every mountainside, let freedom ring! And if America is to be a great nation, this must become true. And so let freedom ring from the prodigious hilltops of New Hampshire. Let freedom ring from the mighty mountains of New York. Let freedom ring from the heightening Alleghenies of Pennsylvania. Let freedom ring from the snow-capped Rockies of Colorado. Let freedom ring from the curvaceous slopes of California. But not only that: Let freedom ring from Stone Mountain of Georgia. Let freedom ring from Lookout Mountain of Tennessee. Let freedom ring from every hill and molehill of Mississippi. From every mountainside, let freedom ring. And when this happens, when we allow freedom ring, when we let it ring from every village and every hamlet, from every state and every city, we will be able to speed up that day when all of God's children, black men and white men, Jews and Gentiles, Protestants and Catholics, will be able to join hands and sing in the words of the old Negro spiritual: Free at last! free at last! Thank God Almighty, we are free at last!

Education


  • You should have education so that you won't have to look up to people; and then more education so that you will be wise enough not to look down on people. M.L. Boren

I CAN'T WAIT

If my compassion is true


  • If my compassion is true,if it be a deep compassion of the heart and not a legal affair, or a mercy learned from a book and practiced on others like a pious exercise, then my compassion for others is God's mercy for me. My patience with them is His patience with me. My love for them is His love for me. Thomas Merton " No Man is an Island"

Lessons for Life

  • Some Very Good Advice
    1. Life isn't fair, but it's still good. 2. When in doubt, just take the next small step. 3. Life is too short to waste time hating anyone. 4. Your job won't take care of you when you are sick. Your friends and parents will. Stay in touch. 5. Pay off your credit cards every month. 6. You don't have to win every argument. Agree to disagree. 7. Cry with someone. It's more healing than crying alone. 8. Save for retirement starting with your first paycheck. 9. When it comes to chocolate, resistance is futile. 10. Make peace with your past so it won't screw up the present. 11. It's OK to let your children see you cry. 12. Don't compare your life to others. You have no idea what their journey is all about. 13. If a relationship has to be a secret, you shouldn't be in it. 14. Take a deep breath. It calms the mind. 15. Get rid of anything that isn't useful, beautiful or joyful. 16. Whatever doesn't kill you really does make you stronger. 17. It's never too late to have a happy childhood. But the second one is up to you and no one else. 18. When it comes to going after what you love in life, don't take no for an answer. 19. Burn the candles, use the nice sheets, wear the fancy lingerie. (OK – NOT you guys) Don't save it for a special occasion. Today is special. 20. Over prepare, then go with the flow. 21. Be eccentric now. Don't wait for old age to wear purple. 22. No one is in charge of your happiness but you. 23. Frame every so-called disaster with these words 'In five years, will this matter?' 24. What other people think of you is none of your business. 25. Time heals almost everything. Give time time. 26. However good or bad a situation is, it will change. 27. Don't take yourself so seriously. No one else does. 28. Believe in miracles. 29. Don't audit life. Show up and make the most of it now. 30. Your children get only one childhood. 31. All that truly matters in the end is that you loved. 32. Get outside every day. Miracles are waiting everywhere. 33. If we all threw our problems in a pile and saw everyone else's, we'd grab ours back. 34. Envy is a waste of time. You already have all you need. 35. The best is yet to come.

The source of faith


  • "Who am I?...I am one loved by Christ." Thomas Merton

Peace Prayer


  • Lord make me an instrument of your peace Where there is hatred, Let me sow love; Where there is injury, pardon; Where there is error, truth; Where there is doubt, faith; Where there is despair, hope; Where there is darkness, light; And where there is sadness, Joy. O Divine Master grant that I may not so much seek to be consoled As to console; To be understood,as to understand; To be loved, as to love. For it is in giving that we receive, It is in pardoning that we are pardoned, And it is in dying that we are born to eternal life.

knowledge

  • knowledge
    It is possible to store the mind with a million facts and still be entirely uneducated.

The Eucharist


  • The nourishing quality of the eucharist, freely offered to anyone who's famished, has always been a central metaphor for me. I don't partake because I'm a good Catholic, holy pious and sleek. I partake because I'm a bad Catholic, riddled by doubt and anxiety and anger: fainting from severe hypoglycemia of the soul. I need food. Nancy Mairs

Seeking God


  • It needs more training to seek God among the rough stones of the dusty road than in the beauty of the sunset.

Building


  • He that gives good advice builds with one hand; he that gives good counsel and example builds with both; but he that gives good admonition and bad example builds with one hand and pulls down with the other. Francis Bacon

The Miracle


  • Maybe the burning bush was burning all the time and Moses didnt notice. Maybe the miracle is when you stop and pay attention. Francine Prose

John of the Cross


  • How amazing and pitiful it is that the soul be so utterly weak and impure that the hand of God, though light and gentle, should feel so heavy and contrary. For the hand of God does not press down or weigh upon the soul, but only touches it; and this mercifuly, for God's aim is to grant it favors and not chastise it. "The Dark Night," Book II Chapter 5

God's Love


  • God's love for us is not the reason for which we should love him. God's love for us is the reason for us to love ourselves. How could we love ourselves without this motive?