If you have a hundred million pounds just lying around and you’re short of ideas than ponder no more. That paltry sum will secure you a seat in a really rather small space capsule. Oh, and a tour of space. The British company behind this bargain holiday, Excalibur Almaz, also have plans to operate the first missions to the moon since Apollo 17 – over thirty years ago.
With the price of the space experience set at more than two million times the average annual wage the concept won’t be taking off any time soon. Quite like China’s economy then…
The nation’s Premier, Wen Jiabao, has stated today that no significant momentum has been established in pushing the Chinese economy towards stability.
This acknowledgement has heightened suspicions that this week’s cabinet meeting will result in the announcement of what extra support steps the country will need to take.
Although action taken towards stabilising growth has begun to yield results and expansion is within the targeted range, China’s stocks have fallen and the state council may detail easing measures later in the week.
Wen stated that although the ‘fundamentals for economic development remain sound’ in order to prevent the Chinese economy stagnating; ‘We need to comprehensively assess the situation and recognize the problems, difficulties and risks, in particular the downward pressure on the economy.’
Wen also discussed how there is a real need to expand job opportunities and prospects, and improve the employability of graduates, within China.
In order to get the economy moving forward once again the government will be helping companies help themselves, as well as offering support for finances and taxes and encouraging private enterprise growth.
Wen has pledged to do everything possible to get momentum behind China’s economic recovery – which probably means he won’t be taking a trip in one of Excalibur Almaz space capsules…
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