From Reuters:
BEIJING (Reuters) - The new year is not here yet but already China's government and dissidents are in battle over how to mark 2009, a year that will be overshadowed by contentious anniversaries and economic woes.
Chinese President Hu Jintao told officials on Thursday that Communist Party rule must not waver. But "Charter 08," a petition campaign launched last week, wants dramatic democratic changes to end decades of uncontested Party control.
There is no doubting the defiant ambition of the fast-growing campaign, said Wang Yi, a law lecturer and rights campaigner who signed its list of 18 demands.
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My Comment: The Communist Party will hold onto power for a long time. There are too many people vested in its continual existence and its control of the federal ministries. Change will occur on the economic and local level. It will be at the grass roots level that will influence the ultimate direction that China will follow.
What is my read of this "future direction".... everyone is now in a rush to grab the best that this open economy can provide. While the world slowdown will impact on some level Chinese production for exports .... there is still pent up demand on the national level that will insure China's industries buzzing for a very long time.
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