The truth about China
A top Chinese government official has blamed Europe’s economic problems on welfare provision and labour laws. Jin Liqun, chair of China’s sovereign wealth fund (the body which manages the Chinese government’s overseas investment of its spare loot) told Al Jazeera: “If you look at the troubles which happened in European countries, this is purely because of the accumulated troubles of the worn-out welfare society. I think the labour laws are outdated. The labour laws induce sloth, indolence, rather than hard work. The incentive system is totally out of whack. “Why should, for instance, within...