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Monday
Sep062010

6th of September 2010

 

The Lion Awakes 

News at a Glance

 

今天的中国新闻

A compilation of Headlines + Brief Summary from Chinese & International Publications relating to China.

Just 5 Minutes each day to be up-to-date on the News of China

Combined with Kaixin’s boutique SITE SEARCH ENGINE, it is a unique source of knowledge about China"

 

 

 

 

China News Archive

From 2008

 

 

 

 

 

China Daily

 

China urges stronger trade links with Japan

BEIJING - China's top political advisor, Jia Qinglin, Saturday pledged to upgrade trade ties with Japan, urging greater cooperation in key areas, including energy efficiency, environmental protection and intellectual property rights.

"China and Japan are highly compatible in economic structure, and should seize favorable opportunities to lift bilateral trade cooperation to a higher level," Jia, chairman of the Chinese People's Political Consultative Conference National Committee, said.

Kaixin OpEd - It is not just China that is stirring, it is Asia throwing off the final shackles. Japan, Taiwan, South Korea, the Philippines were all ensnared in the iron chains of American Imperialism last century.

Jeez, I’m starting to sound like a Marxist.

But you gotta admit, I’m right, if a little flowery.

Think of the economic potential of all those countries forming a trade bloc with China.

That is where this century is heading.

Sticking your head in the sand while throwing rocks wont work. Besides, with your head in the sand the rocks will miss anyway.

 

China successfully launches satellite for TV, radio live broadcast

XICHANG, Sichuan - China successfully launched the "SinoSat-6" satellite for radio and television live broadcast at 12:14 am Sunday from the Xichang Satellite Launch Center in southwest China's Sichuan Province.

The satellite was carried on the Long March 3B rocket which took the SinoSat-6 into a geostationary transfer orbit 26 minutes after the launch.

 

China's top 500 outshine worldwide competitors

HEFEI - China's top 500 enterprises reported smaller revenue gaps with their US counterparts, while outperforming their worldwide competitors in profitability amid the county's rapid economic recovery, an industrial ranking report showed Saturday.

China's top 500 enterprises chalked up $4.05 trillion in operating revenues last year, equivalent to about 18 percent of the operating revenue total created by the world's top 500 companies in the same year, and the ratio was 2.62 percentage points lower than the figure recorded for the year earlier, according to a report released Saturday in Hefei, capital of east China's Anhui Province, by the China Enterprise Confederation (CEC) and China Enterprise Directors Association.


China to join int'l co-op for marine development

BEIJING - Chinese Vice Premier Li Keqiang has pledged China would work with the international community to promote the sustainable growth of the oceans.

Li made the remarks Friday when meeting with representatives to the 33rd Pacem in Maribus (Latin for Peace in the Oceans) Conference, which was held in Beijing Friday and Saturday.

Li said China would attach great importance to conservation on the marine ecosystems in the process of exploiting marine resources, and actively develop the green marine economy.

China would also improve the oceans' capability of preventing and reducing disasters, and comprehensively take part in international marine affairs, he noted.

 

Lenders still on a strong footing: Economists

Interest rate fluctuations to have little impact on profit margins

CHANGCHUN - Higher interest rates on bank deposits will not have much of an impact on Chinese lenders, a senior government think-tank economist said on Friday.

"Even in 2008, when the deposit rates were the highest, the impact on the banking sector was very negligible," said Wang Guogang, director of the Institute of Finance and Banking at the Chinese Academy of Social Sciences.

"Even if an adjustment is made now, it is unlikely to impact the lenders," he said.

Wang's comments follow recent reports that the central bank was considering a flexible interest rate plan to improve the credit structure and lending efficiency of banks.

Sheng Songcheng, head of the People's Bank of China's Shenyang branch, had on Tuesday suggested that the floating mechanism should be started on a trial basis in the country's northeast provinces.

The remarks were interpreted as a signal that the authorities are considering a flexible interest rate regime to replace the existing fixed rate mechanism. At the same time it also triggered concerns that such a move would reduce the profit margins of lenders.

 

Housing prices to decline, says BNP

SHANGHAI - Home prices will decline from this month as the government maintains its lending curbs and increases the supply of public housing, forcing property developers to cut prices to boost sales, BNP Paribas said.

"Although the government has not quantified its target, it has indicated that it wants to see a housing-price correction take place in order to meet or partly meet public expectations," Chen Xingdong and Isaac Meng, Beijing-based analysts at BNP Paribas, said in a report on Friday, without giving a forecast for how much prices may drop. "We expect a housing price correction to take place from September onwards."

Kaixin OpEd - The difference between China and the 'west', in particular America where houses were turned into tulips, is that China has been experiencing a surge in prices driven by demand based on real purchasing power.

The Government is concerned that prices are moving past the capacity of people to pay and is doing something about it.

Note the difference with America where housing floated into the stratosphere on a bubble of excess lending based on Greenspan cranking the $US printing press day and night. It was all hot air and collapsed.

See Kaixin's 'Follow the Debate - China Real Estate'

 

China's auto makers say no 'excess capacity'

TIANJIN - Executives from China's auto makers Sunday rejected an official warning that unchecked growth in the industry was leading to excess capacity and could harm the wider economy.

Chen Bin, an official with the National Development and Reform Commission, China's top economic planner, Saturday said excess auto capacity threatened sustainable economic development and must be "resolutely" stopped.

But industry representatives and the China Association of Automobile Manufacturers (CAAM) Sunday argued car makers were only trying to meet expected demand in the world's largest auto market.

 


China surges to 5th largest global investor


XIAMEN, Fujian - China bucked international trends in both outbound and inward investment, official figures have revealed.

China now ranks as the fifth largest global investor in outbound direct investment (ODI) with a total volume of $56.5 billion, compared to a ranking of 12th in 2008, the Ministry of Commerce said on Sunday.

 

 

'Tashi Delei' at Shanghai Expo

 

Dancers from Tibet perform wearing their traditional costumes during the opening ceremony of Tibet Culture Week at the Shanghai World Expo on Sept 1. Tibet Culture Week began from Sept 1, concluded on Sunday. During the five days, traditional Tibetan medicines, calligraphy and Tangkha paintings were exhibited, which showcased typical Tibetan culture. More than 400 Tibetan artists have performed at the Expo during week (Photo China Daily)

 

 

 

Dolphins: Concern for coastal habitats + VIDEO

Swimming, diving and frolicking, a number of dolphins are attracting waves of cheering from a few nearby motorboats. The dolphins are pinkish white, light or dark gray with big humps and slightly curved fins.

They are the Chinese White Dolphins, which are unique to China and a top state-protected wildlife.

 

 

 

 

 Tibet Pavilion attracts 6 million Expo visitors

 

 

 

 

 

Global Times

Editorial - China needs powerful defence

China's anti-ship ballistic missile (ASBP), known as the "carrier killer," is close to operational, said the commander of the US Pacific Command, Admiral Robert Willard, in Tokyo recently. While US aircraft carriers appear more active in China's offshore waters, concern over China's ASBP is rising in the West.

China has never pursued a policy of confrontation with other world powers, including the US. However, it does need a strategic deterrence. In a bid to protect its own strategic interests, China should not only build its anti-ship missile capacity, but also possess a range of other carrier-destroying measures as well.

For quite some time the intelligence agencies in the US and other Western countries have conjectured over China's anti-ship missile capacity. China ought to convince the international community of its reliable carrier-killing capacity as soon as possible to end the speculation.

Such capacity is necessary for an emerging power, and it is necessary infrastructure for China's military modernization.

Since US aircraft carrier battle groups in the Pacific constitute deterrence against China's strategic interests, China has to possess the capacity to counterbalance.

  

 

 

 

 


CCTV - 9

News for Today

China     Business     Culture     Science & Technology     Travel

 

 

International News Sources

 

Kaixin OpEd - I am constantly surprised at the difference in how news about China is reported in the Chinese and the western media.

Today, there was not one serious news item in the western media that I scan daily.

There were a few of the usual items banging on in the same paranoid xenophobic way, but nothing of substance.

We can at least enjoy the mooncakes .....

 

 

WSJ - Mad about Mooncakes

Mid-Autumn Festival – this year it falls on Sept. 22 – is mooncake season and each year brings a new crop. From the traditional — lotus-seed or custard cream – to chocolate, or even durian-cream, fillings.

Here’s a look at a few from this year’s batch.

– Amy Ma

 

See Also: Kaixin's 'Admiring the Full Moon during the Mid-Autumn Festival - The Mooncake Festival'

 

 

 

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THEMES

A selection of News and OpEd reflecting the main themes for

contemporary China starting from August 2008


Green China  

Insights into China

Economic China

 

FOLLOW THE DEBATE

Yuan Revaluation & Internationalisation

China & Taiwan

China Real Estate

 

 

China News Archive for daily News on China starting August 2008

 

Kaixin's Daily OpEd Archive 2008 - 2010

"See what we think"

 


 

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ChinaLoveCupid/ChineseLoveLinks - Serious Chinese Dating Relationships

 

Books by the Editors

 

Set in Zanzibar

'A maharaja’s ruby cast on a Persian carpet by the blackest of hands'

 

 

Chapter One

London 1910

“Hello, who are you? I am Oliver, is Edward at home?”

The words were spoken by a tall, impeccably dressed young man rushing into Edward’s flat, shaking off surplus water and calling for whisky while shoving his umbrella into a stand; a shaggy grey Irish wolfhound, impeccably dressed by savile row.

Susan laughed, her hazel eyes dancing with the exhilaration of the new. “Yes, he is having a bath. I think he is trying to get warm. I’m Susan, Susan Carey, his sister.

...

They chatted, tentatively at first, getting to know one another. Edward had not seen Susan for two years and was unsure how his sister would take his new relationship. Oliver was intrigued by Susan. An attractive, self-assured young lady of high intelligence with a degree was a rare find. And, as fate would have it, she was also a trained and experienced teacher. He suggested a picnic at Oxford, which was met with ready acquiescence.

“I’ll see if the Rolls is available,” mused Oliver. “Must ring father, haven’t spoken to him in ages.”

Oliver, Sir Oliver Marchmaine, was an unaffected young man of intense intelligence who saw life as a great adventure to be lived to the full. He was also unyieldingly loyal to his country, England, which is why he had joined Military Intelligence on leaving Oxford.

It was 1910 and Europe was stirring. It was a time full of interest, intrigue and danger, the European chessboard becoming increasingly complex, the moves more subtle. A time when an unexpected move or feint could have profound consequences.

...

The woman smiled to acknowledge Asim’s greeting, his eyes looking directly at her from within the folds of an impossibly white kufiyya. A peregrine falcon: lean, intense, beautiful, with a hunter’s gaze.

“You were sent by Sir Edward Clark?” asked Asim.

The question was direct, intended merely to ascertain the relevant information. He did not respond to her femininity. Did not glance she remembered, allowed herself to remember. The counterpoint between the masculine and the feminine was missing. Something in him, that part of him, had withered to the point of extinction. She did not know that then. That was to be part of her journey.

“Yes, my name is Susan, Susan Carey. I am the teacher.”

 

$US4.99

 

 

Pick'n Season

Short stories on a theme set in Tasmania, Australia

Where style and story telling are explored.

$US2.99

 

 

The Cultural Revolution through my Eyes

By Zhou Xiaosui

$US2.99

I was born in 1966, the year China the Culture Revolution began. My mother told me when I was just born that a nurse held me in her arms and said, "come, look at this girl, she is so pretty, her eyes are so big". Another nurse who was in the room standing in front of the window, said, "come here and look at the people marching down the street wearing high caps!"

They were the people the Gong Chan Party (The Communist Party) had branded as counter-revolutionary. They were being marched down the street as an example.

This is the story of my life, and my family's life, in the time of the Cultural Revolution. I hope you will be interested in seeing China through my eyes.

 

Chapter One

I was Born in this Time

This was a time of unrest and uncertainty. A time that was to last for 10 long years and profoundly affected my family.

Just after I was born, the Government accused my father of being a counter-revolutionary because his family had moved from China and all lived overseas. So he lost his job as a teacher. He wasn’t allowed to work and had to stay at home reflecting on what he had done wrong. This was bad for my father, but it was good for me. My father could look after me at home, and over the early years of my growing up I became very close to my father who was also my first teacher.

I remember, he hung a blanket by the four corners to become a hammock, and he put me inside. He would rock me to and fro when I cried or became restless. He needed to write two pieces for the Government about his thinking and saying sorry that his family left China and lived overseas. He also had to embroider a Mao Zhengdong photo.

Just like this, my father looked after me and finished his thinking “reconstruct”.

My parents told me I was a lambkin, a fat lot cry. My father really loved me. At that time, no-one listened for him, so he talked to me everyday. He talked and talked and I laughed and laughed. My father said he looked at me and I made him so happy.

By the time I was one year old, I had worn out four blankets!

When I was one year old, my father who had lost his job as a teacher, had to go to a Government building company to become a general labourer. It was very hard work for a teacher. At night he had to go to re-education meetings. When I was older and started to understand something of what had happened in my family, my sister, who is six years older than me, told me, “in this time, many nights she saw my father come back from the meeting with bruises and wounds all over the body." These had been inflicted by the Hong Wei Bing. My mother, who was a Doctor, cried and helped my father clean the wounds. These beatings went on night after night, my father wanted to die. My mother told him, “I need you, your two children need you, they need to have a father, you must live!’

Hong Wei Bing: Hong = red; wei = to guard, to protect; bing = soldier

In Chinese culture, ‘hong’ is lucky and represents good.

The Hong Wei Bing was the Communists Party’s youth cadre. It was made up of students in high school aged between 12 and 18. They were given authority over any person branded as a counter-revolutionary. They were, of course, too young and callow to be given that much power, so they abused it. It would be like giving the students at your local High School authority, without boundaries, over anyone in your town who did not seem to conform, including their teachers.

The Government officials ran the re-education meeting with the Hong Wei Bing.

The Hong Wei Bing harassed anyone who was at the meeting. Asking questions like, ‘Did you do the bad thing for the Government, for Mao?’, ‘Do you love Mao?’, ‘Why does your family live overseas?’ ………… questions that had to be answered quickly and with enthusiasm. If the Hong Wei Bing were not satisfied with the answer, or even if they did not like your demeanor, of if they just wanted to hurt you, then they would beat you up. Many people died from these beatings.

My father did not, he lived.

 

$US2.99

 

 

My Father's Wisdom

By Zhou Xiaosui

I was born in 1966, the year China the Culture Revolution began. My mother told me when I was just born that a nurse held me in her arms and said, "come, look at this girl, she is so pretty, her eyes are so big". Another nurse who was in the room standing in front of the window, said, "come here and look at the people marching down the street wearing high caps!"

They were the people the Gong Chan Party (The Communist Party) had branded as counter-revolutionary. They were being marched down the street as an example.

These are some of the stories my father taught my in this time.

$US2.99