Wednesday April 1, 2020

Year of Ox may prove a painful anniversary for China’s rulers

Could China’s economic woes and historic milestones lead to social unrest? Mairtin O’Riada reports from Beijing.

24th January, 2009

When China celebrates the arrival of the Year of the Ox at midnight tonight, many will be hoping that the beast of burden, which symbolises prosperity through hard work, will prove an auspicious symbol for the year ahead.

Although China was recently confirmed as the world’s third-largest economy, with newly-revised growth figures for 2007 lifting it above Germany for the first time, the short-term future of the Asian powerhouse economy is uncertain.

China’s leaders...

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