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    Greater China
     Feb 7, 2008
Rats! It could be a tough year
By Kent Ewing

HONG KONG - As the Year of the Pig ends in a winter of discontent for China, fierce snowstorms have caused an energy crisis across the country and brought transport chaos at the same time that millions of migrant workers are preparing to make their annual pilgrimage home.

Delays and shutdowns on the nation’s roads and rail lines have affected food supplies and will likely push inflation, which reached an 11-year high of 6.9% in November, even higher. And, in one of those cruel jokes of fate, pork prices are leading the way.

The year has also ended with increasingly ominous signs of a US recession, which promises to test the theory of some economists



that the juggernaut of the Chinese economy has decoupled from its US counterpart and can weather any American storm. Those economic optimists may have jumped the gun.

In other words, things look bad, real bad, all over. But not to worry: the Year of the Rat officially begins on February 7, and all this could change for the better. A new year on the Chinese calendar always offers new hope, but the Rat is especially imbued with this quality of renewal because it is the first of the 12 animal signs in the Chinese zodiac. The Pig finished the cycle in the last year, and now it is time to start over with fresh hopes, dreams and resolutions.

In Hong Kong, for example, the Walt Disney Co hopes that the Rat's promise of a fresh start will rub off on other rodents - namely, Mickey Mouse - and turn the company's fortunes around after Hong Kong Disneyland's abysmal performance in the city since its opening in 2005. The feng shui has been so bad in Mickey's Hong Kong house that Disney executives here refuse to even talk about attendance figures anymore. They hope to find their voice again under the influence of the Rat.

Likewise, on the mainland, Premier Wen Jiabao, who oversees the economy, is hoping to see inflation drop, production rise and the weather shine on the Summer Olympic Games to be hosted in Beijing. So far, no Chinese fortune-teller has had the guts to predict anything but a stellar Olympic performance for the country, no matter what the stars, sun and moon may have to say.

As far as the Olympics go, the central government controls all aspects of the universe; and the Year of the Rat must, by edict, be auspicious because it is also the Year of the Olympics, Beijing's nervous debut on the 21st-century international stage. Official propaganda aside, however, the Rat does offer rewards for people and countries that take leadership roles.

While for Westerners rats are vile creatures associated with sewers and disease, the Chinese believe they have many positive attributes: they are clever and agile in the way they dart to snatch food and avoid enemies, models of sociability because they move in packs and icons of family unity for their concern for the brood. In addition, rats are curious and adaptable. In other words, this Western outcast has earned a certain status in the East. Indeed, rats can be pioneers and leaders. Famous people born under this sign include Shakespeare, Mozart, Prince Charles and Eminem. Rats are recognized for their hard work, charisma and charm. That's why romances tend to abound during a Rat year.

Behind that charisma and charm, however, rats can be aggressive, quick-tempered and downright greedy and controlling. Their favorite professions range from espionage to psychiatry to politics to law, and the evil temptations of gambling, alcohol and drugs hang over their sign.

In the US, supporters of Barack Obama, an African-American senator who is vying for the Democratic Party's presidential nomination at the height of the presidential primary season, may take heart in the fact that their candidate's theme of change is also this year's zodiac theme. One imagines that Obama is hoping the Rat's positive energy for change is behind him.

As a woman, however, Obama's rival for the Democratic nomination, Hillary Rodham Clinton, also claims to be a change agent, despite her ties to the past - namely her husband, former two-term president Bill Clinton, whose infamous libido could play a role in the passion and romance that is associated with Rat years. We'll see. So far, the former president's loyalty to his wife has been unflinching and all of his passion directed in attacks on Obama. Win or lose, then, the Year of the Rat could be good for Clinton connubiality - unless, of course, they lose and their conjugal renewal proves to be more about regaining the presidency than about love and marriage.

As for the Democrats' rival party, the Republicans, the race for the nomination now boils down to John McCain or Mitt Romney, but in the general election the Rat says no to both. After the eight-year Republican presidency of George W Bush - which has been defined by the fiasco of the invasion of Iraq, the failed war on terror and a now looming recession - the Rat's call for a change of party in the White House seems irresistible. Americans of all shapes, sizes, colors and creeds are likely to respond.

When predicting how the coming year will unfold, soothsayers consider not only the animal sign but also the five earthly elements that rotate through the Chinese astrological system: metal, wood, water, fire and earth. This year's Rat is represented by earth sitting on top of water. The earth represents stability, but since it is sitting on water that stability is weak and the two elements are in conflict. So watch out: the foundation of this next year is shaky, creating a degree of unpredictability. This could mean anything from a bold surprise in the US presidential election to a global economic meltdown.

If things more or less balance out, however, look for favorable outcomes in industries that are compatible with water, this year's dominant element. Earth and metal industries, then, should do well. These include property, mining, hotels, insurance, machinery, computers and health care. Wood industries - such as forestry, paper, furniture and textiles - should also cash in. But, since the earth is floating on water, the Earth's influence is considered weak, as could be profits in earth-related industries.

The bad news this year is for industries associated with water and fire. As fire is the symbol of financial markets, this will be a year of cooling down - and let's hope not melting down - in the investment world after the sizzling growth of 2006-2007. Indeed, the final stock-market jolts of the Year of the Pig have already prepared us for a downturn. Other fire industries that could be hurt include electricity, entertainment and airlines. Because of their association with water, shipping, beverage and communication companies are also facing tough times.

So, while the Year of the Rat promises renewal, in some quarters it may deliver disappointment. But there is one thing we can all count on: the Olympics will be a resounding success. After all, the ultimate Chinese fortune-teller, the central government, has decreed it so.

Kent Ewing is a teacher and writer at Hong Kong International School. He can be reached at kewing@hkis.edu.hk.

(Copyright 2008 Asia Times Online Ltd. All rights reserved. Please contact us about sales, syndication and republishing.)

 


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