4th & 5th of December 2010
The Lion Awakes
Daily News, Culture & Current Affairs about China
Graeme has been using ChinesePod since 2007
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China Daily
Japan, US launch biggest ever joint drill
TOKYO – Japan and the United States launched their biggest ever joint military exercise Friday amid tensions on the Korean peninsula, the Japanese defence ministry said.
The "Keen Sword" drills, which mark the 50th anniversary of the Japanese-US alliance, will continue until December 10, officials said.
"At present, there are already enough of these kinds of military exercises. Under the present conditions, all relevant parties ought to do more to benefit the maintenance of peace and stability on the Korean peninsula and in the region, and not the opposite," said Chinese Foreign Ministry spokeswoman Jiang Yu.
Jiang Yu said at a regular press conference Thursday that military alliances and displays of force cannot solve the Korean Peninsula issue and the US-Japan alliance should not damage the interests of third parties including China.
"The international community does not support actions that escalate tensions and the parties involved should keep calm and exercise restraint and settle disputes peacefully through dialogue and consultation." Jiang said.
Kaixin OpEd – The age old enmity between Japan and China is being used by America in a breathtakingly cynical way.
America has consistently ignored Japan’s actions in China through the 1930’s and early 1940’s because it suited Uncle Sam’s strategic interests.
Uncle Sam bleats and bleats about human rights but is all too often turns away when it does not want to see them.
Japan has never acknowledged it actions in China. Senior politicians still worship at the shrines of the war criminals who perpetrated such obscenities as Nanking.
America is using this for its own ends.
Where is the moral dimension in this?
Where is the concern for human rights in this?
Is America prepared to have a major confrontation either on the Korean Peninsular or even China because it suites its world view.
Where is its concern for human rights and values in that?
Russia has so far been the silent player in all this. How long will it remain silent? If push comes to shove, which side will it support?
ROK defense nominee vows airstrikes on DPRK
SEOUL - The Repbulic of Korea's defense chief nominee said Friday Seoul will respond with an air raid to the Democratic People's Republic of Korea (DPRK) in case of further aggression by the wartime enemy.
China to shift to prudent monetary policy next year
BEIJING - China will shift its monetary policy stance from relatively loose to prudent next year, the Political Bureau of the Communist Party of China (CPC) Central Committee decided Friday.To accelerate the transformation of the economic development pattern should be the main focus of next year's work, and macro-regulation should be "more targeted, flexible and effective," according to a communique issued by the committee.
China will continue its proactive fiscal policy, it said.China has faced complicated social and economic conditions since early this year. Thanks to the stimulus package and efforts to speed up economic restructuring, China has maintained relatively fast economic growth, it said."The momentum of economic and social development has been consolidated," it said."The conditions in China provide a sound base for stable and fast growth next year, but the country will face many difficulties and challenges," it noted.
The meeting called for heightened awareness of risks, as well as more efforts to consolidate success in the fight against the financial crisis, keep steady and relatively fast economic growth and promote social harmony and stability.
China mulls $1.5t boost for strategic industries
BEIJING - China is considering investments of up to $1.5 trillion over five years in seven strategic industries, sources said, a plan aimed at accelerating the country's transition from the world's supplier of cheap goods to a leading purveyor of high-value technologies.
Analysts expressed scepticism at the sheer amount of money - it equates to about 5 percent of China's gross domestic product on an annual basis - but said that the eye-popping headline figure was an indication of the government's determination to catalyse a structural shift in the economy.
The targeted sectors include alternative energy, biotechnology, new-generation information technology, high-end equipment manufacturing, advanced materials, alternative-fuel cars and energy-saving and environmentally friendly technologies.
The central government itself would most likely not deliver the bulk of the money, but would seek to spur spending by corporations, investment by local governments and lending by banks.
VIDEO - Interview with climate change special envoy of World Bank
Wind can't blow away Beijing's pollutants
BEIJING - The sky appears blue, but the air remains polluted, Beijing's environmental watchdog ruled Thursday as strong winds blew away the murky haze that shrouded China's capital for days.
Beijing Environmental Monitoring Center's daily report shows that Beijing's average air quality from mid-day Wednesday to Thursday was "slightly polluted" (pollution reading 101 to 200).
China plans gradual residential property tax: MOF
China will gradually introduce a residential property tax during the next Five-Year Plan (2011-2015), a tax official from the Ministry of Finance (MOF) said Thursday.
Zhou Chuanhua, director of the Tax Policy Department of the MOF, said at a meeting that a property tax reform will be carried out in the next five years and residential property tax will be introduced, without elaborating on the tax threshold. He also said property taxes could become an important and stable source of local government's revenue.
Currently, China levies property taxes only on commercial housing.
Zhou also said resources tax will be launched nationwide in the next five-year plan as the pilot program in Xinjiang autonomous region proved a success. The subjects of the resource tax will be expanded from natural gas and crude oil to coal and water. The move can also help increase local government revenue.
See Kaixin's - China Real Estate
Top 10 high-level reshuffles
Editor’s note:
People say running an organization is equivalent to conducting a symphony orchestra. No doubt good leadership is one of the key factors in the success of a company, giant corporations in particular. But what if the big boss departs? Will the company lose its mojo and fail? Not if the new leader fills his/her predecessor's shoes.
In the past 12 months, veterans have made their last shows as chief executives. Meanwhile, new faces were seen making their debut as top leaders. The conductor changes, but the symphony goes on as scheduled. That's part of the reason the world is eager to see the crescendo of China's economy.
VIDEO - China-Pakistan relations: Military cooperation is only one facet
Shaukat Aziz, the former prime minister of Pakistan, once gave up his multi-million-dollar salary for one dollar. He worked at Citibank for 30 years from 1969 to 1999 around many parts of the world. He also served as the executive vice president of the bank.
But one day in October 1999, he got a phone call from the then-Pakistan President Pervez Musharraf. The former president asked Aziz if he would like to join his team. Aziz considered for a few days and brought up one condition: He wanted one dollar for his salary.
Aziz became the Finance Minister of Pakistan in 1999 and Prime Minister in 2004. During his terms, Pakistan’s economy made significant recovery and growth.
In Big Talk, China Daily Multimedia had an exclusive opportunity to sit down with Shaukat Aziz.
Special Coverage: Beijing, I have a dream
A special coverage on people’s dreams in Beijing under its This is Beijing program, and this is the third part of five people's dreams.
Slideshow: Great Wall shrouded in mist
Click on the Photo to go to the Slideshow
The 16th United Nations Climate Change Conference
Chinese Zodiac
Jewellry
Global Times
China objects to war games
Shortly after concluding its naval war games with South Korea in the waters off the west coast of the Korean Peninsula this week, the US sent the carrier USS George Washington to Japan to participate in another joint military exercise. Analysts say this move can serve only to worsen the tense situation on the divided peninsula and threaten regional stability.
US Major William Vause, chief of operational plans, training and exercises, said in a statement that the drills, codenamed "Keen Sword," will last from today to December 10 in Japanese waters off its southern islands, close to the southern coast of South Korea.
The drills involve around 34,000 Japanese defense personnel with 40 warships and 250 aircraft, as well as more than 10,000 of their US counterparts with 20 warships and 150 aircraft, forming the biggest-ever war games between the two countries, according to Vause.
A test of tolerance over the Korean Peninsula
After the recent artillery exchange on the Korean Peninsula, North Korea seems to be the only country that gained, but Pyongyang is drinking poison to curb its thirst. It is running head long down a road that leads to nowhere.
Is the Korean Peninsula heading toward a dangerous dead end?
Stability is a shared goal of all the countries involved. North Korea wishes to maintain a stable government; the South would like to see a stable border area.
It is in the interest of China to keep an uneventful situation on the Peninsula, and the US hopes to see its influence in Northeast Asia unchallenged. Japan and Russia hold attitudes similar to China's or the US'.
However, this shared goal is often interrupted by other interests, primarily, the pursuit of nuclear weapons by the North and its continuous provocation. In addition, the inconsistent policies of the US and South Korea toward Pyongyang also cause the North agitation, which in turn tends to overreact.
Strategic trust is almost zero among the players involved. The efforts China makes in promoting regional stability are often offset by US strategic intentions in the western Pacific. China's efforts also often get the cold shoulder by North Korea. The on again, off again, Six-Party talks best exemplify the difficulty.
The hard line approach of the US is unlikely to succeed on the Korean Peninsula. If it did succeed it would mean the failure of China's diplomacy and bring unbearable strategic risk to China. But it is equally impossible that China's moderate stance takes the lead, which suggests a much needed fundamental policy adjustment from the US, South Korea and Japan.
The stalemate will continue and test the tolerance of all the parties involved. But the way things stand now, South Korea will go on living under the shadow of the non-stop provocations of the North; while Pyongyang will continue suffering isolation and poverty, which is getting worse after each incident.
Among all the countries with a stake in the region, it looks like South Korea can and should take the initiative to adjust its policy toward the North. But, the question is, is it willing to do so?
Kaixin Oped - The reason China supports North Korea is blindingly obvious.
It is the United States of America.
The U.S is uneasy about China because China is so far removed from the American mindset.America has sought to contain China since 1949. It supported the Kuomintang (KMT or Chinese Nationalist Party) in China and then in Taiwan. America only opened the door to China in the 1970’s when they were more afraid of the potential of Russia, than of China.
America obviously underestimated the potential of a China, bought to its knees by the Cultural Revolution.
The rise and rise of China has startled America.
It sees China as a threat. Perhaps not in the immediate time scale, but in the future, when China is strong enough to threaten America. So the logic behind America’s policy of containment is understandable.
North Korea is chock-a-block with nuclear arms. China obviously does not want America sitting next door playing with those toys.
If China did not support North Korea, then South Korea would have taken over long ago. That would have meant Uncle Sam smiling and waving at China from right next door, only ducking down to the basement every so often to polish his nuclear bombs.
A US Carrier in the region is sending a strong message to North Korea, South Korea, China and the region.
In Kaixin’s opinion, North Korea might have some big toys to play with but it is unlikely China will allow the children to get out of control. Diplomacy dictates China’s response. But Kaixin suspects China is like a parent who smiles when their child is naughty while friends visit, then gives it a good clip under the ear when they leave. Certainly hope so, given the alternative.
Dissenting opinions deserve to be heard as well
Zhou Libo could not have expected that his few words could bring him so far down.
A comic from Shanghai, Zhou rose to fame in 2009 and is talented at interweaving humor and satire into his comic performance. He is particularly talented in making jokes about the government, leaders and current affairs.
Last month, after the Shanghai inferno on November 15, on Sina macroblog, Zhou expressed his grief for the victims' families and said he was impressed by the quick response from all levels of government.
This aroused a wave of criticism from his fans and netizens. He disdained the Internet as a public toilet for all kinds of people to give vent to their waste. And netizens called him "Castration Zhou" because he once said the government listening to public opinion on the Internet is equal to castration.
When he commented on the fire, the investigation was not complete. Netizens purely focused on the fact that Zhou said something good about the government.
From one of China's most populous comics with numerous fans to the enemy of a large number of netizens, it is a big fall for Zhou in so short a time.
While his taunting words against popular online opinion eventually put him at odds with the majority netizens, his compliment for the government is apparently a blasting fuse that made his relationship with netizens take a sudden turn for the worse.
It is still open to discussion the government's responsibility in the inferno disaster and its response to it. But Zhou's few kind words for the government are making him a target of online violence.
It shows a extreme lack of tolerance for dissident public opinion on the Internet where there is almost no room for opinions that favor the government.
One important function of the media is to supervise the performance of the government.
The nature of the Internet allows the existence of criticism against the government. It thus serves as an important channel for the government to understand and listen to public opinion.
But it doesn't mean those ideas in support of the government should be overwhelmed or even muted.
Thinking of buying a house in China? It's a trap!
I was sitting at home enjoying a nice cup of coffee when my mother-in-law asked the same question that I hear all too often, "When are you going to buy a house in China?"
It's considered normal to own a property in China before you get married, so not owning one tends to raise a few eyebrows.
I've never understood this mad desire to buy a house in China at the moment when all the signs are shouting "don't."
It's rare to find anyone who won't acknowledge that China's real estate is in the middle of the biggest property bubble ever created, but this doesn't stop them recommending buying?a property.
The reason given is invariably that the government won't allow the bubble to burst, but that tends to imply that governments always get?their policies?right.
Kaixin OpEd – Kaixin does not particularly agree with this writer’s view. Kaixin believes the fundamentals underpinning China’s real estate are sound.
The ‘west’ tends to compare China’s growth in real estate prices to what happened in the ‘west’ when Greenspan set off the great ponzi scheme that turned America’s, then the world’s, real estate into tulips.
That has not happened in China.
See Kaixin's - China Real Estate
Dialogue - A 30 Minute Current Affairs Programme on CCTV - 9 (In English) where current issues are discussed by experts from China and Internationally:
Inclusive growth of next five years
Beijing vows to keep a lower but steady GDP growth rate in the next five-year plan. The blueprint is compared to a more sustainable strategy of inclusive development.
The consensus is generated at a landmark conference of the Chinese communist party that comes to a very fruitful conclusion on Monday. The strong visible hand of the central government has helped bail out a big continental economy in times of financial meltdown.
But is the Chinese mode of development healthy enough to sustain a sizable economy that will be based more on its domestic consumption and environmentally friendly manufacturing? How shall we examine the sense of global responsibility for China as its economy continues to pull the world economy out of recession?
12th Five-Year Plan & Sustainability
These days obersvors around the world have been discussing if China would sustain its double-eadged growth in the next five years, Beijing vows to transfer multi economy from labor intensive and exports growth to domestic consumption. It means to be more innovative and more invironmentally friendly and to prioritize improvement of people's lifelyhood and their social security programs.
But very quietly, more people are discussing if more sustanable and incrusive goals in this country would lead to broader political participation. With these questions, BRANDON BLACKBURN-DWYER and FARZAM KAMALABADI are taking part in this discussion.
CCTV - 9
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Slideshows
U.S., Korea Agree on Free-Trade Pact
WASHINGTON—The U.S. and South Korea struck a deal to revive a broad pact that could drop barriers on a wide array of goods and services, setting the stage for what would be the biggest nation-to-nation trade deal since the 1994 North American Free Trade Agreement.
Kaixin OpEd – A coincidence?
Why IMF Says Hong Kong Isn’t a Property Bubble
The International Monetary Fund verdict on Hong Kong property: It’s not a bubble…yet.
Last month, in its annual assessment of Hong Kong’s economy, the IMF said the government is rightly worried about property prices and on the right track in restricting mortgages and imposing other cooling measures. But The IMF’s conclusion was that for now, prices are sustainable–though they bear watching. Last month, in its annual assessment of Hong Kong’s economy, the IMF said the government is rightly worried about property prices and on the right track in restricting mortgages and imposing other cooling measures. But The IMF’s conclusion was that for now, prices are sustainable–though they bear watching.
Kaixin OpEd – Kaixin has been saying for some time that there is no ‘western’ style real estate bubble in China. Honk Kong is now being driven by investment from the Chinese mainland, so, logically, the rise in real estate prices is sustainable.
Real estate prices in China are backed by substantial deposits (in many cases properties are purchased for cash), prudent lending practices and secure incomes.
China is in the first 30 years of its re-emergence. It is just he beginning of its wealth transformation.
The Chinese people love to own real estate. As the wealth of China increases then the demand for real estate will increase.
This will be both a domestic trend and an international trend.
See Kaixin's - China Real Estate
Wikileaks and a Divided China
Russell Leigh Moses is a Beijing-based analyst and professor who writes on Chinese politics. He is writing a book on the changing role of power in the Chinese political system. Read more by Mr. Moses
This was the week of leaks. And the deluge of documents spared no one, not even China.
We got to read about Chinese officials and analysts expressing their annoyance with North Korea, and their musings about a reunified Korean peninsula. More than a few cables noted Washington’s efforts to prod Beijing to be more active in opposing nuclear proliferation ...
Video: World Leaders Condemn Wikileaks
China was brief in responding to the release of classified diplomatic cables by whistleblower site Wikileaks, which is now blocked inside the country’s Great Firewall. Meanwhile, Australia’s new prime minister was far more blunt in her condemnation of the document dump. Video courtesy of Reuters.
A Times - THE ROVING EYE
Cracks in the wilderness of mirrors
By Pepe Escobar
To some he is a traitor. To others he is the tool of a subtle propaganda campaign hatched by a spy agency. But what Julian Assange is really up to with WikiLeaks is more radical: crashing the carefully maintained information system that dominates our lives with its lies.
Chinese Train Breaks Speed Record
A Chinese high-speed train set another world speed record during a test run Friday, breaking its own record set just two months ago. The Chinese Ministry of Railways calls the feat “a major achievement of China’s technology innovation,” but doubts linger over just how much of China’s bullet-train technology can be described as its own.
A China Railway High-Speed (CRH) train sits ready for a test run at a railway station in Xuzhou, east China’s Jiangsu Province
China Makes Monetary-Policy Shift Official
BEIJING—China will shift to a "prudent" monetary policy next year, the ruling Communist Party decided on Friday, a move that formalizes the government's change in priorities away from driving all-out economic growth toward combating inflation.
Brazil Joins China in Push to Cool Overheating Economy
BRASÍLIA—Brazil's central bank rolled out a series of measures to tame rapid credit growth and prevent inflation pressures, joining other large expanding economies such as China that are trying to curb rising prices and fast moving capital inflows.
WTO Blocks EU Tariffs on Chinese Screws
BRUSSELS—The World Trade Organization Friday condemned European Union antidumping tariffs on imports of Chinese screws, handing Beijing its biggest legal victory yet at the Geneva-based body. EU officials described the decision as a significant setback.
China Harvests Record Grain Crop
BEIJING—China's total grain harvest in 2010 reached 546.41 million metric tons, the seventh consecutive annual record and an increase of 2.9% from last year's crop, the National Bureau of Statistics said Friday. Last year's grain harvest was up 0.4% from 2008.
Shadow Lending Hampers Beijing
BEIJING—Lending by lightly regulated financial companies outside China's formal banking system has ballooned this year, causing increasing headaches for the government in its efforts to manage the economy and control inflation, observers say.
Caixin Online
China's Buzzword for 2011 Monetary Policy: Prudent
The central bank reportedly set new lending target for 2011 at 7 trillion yuan in a meeting held in late November, higher than most economists expected.
How far does a middle class man's salary go in China today?
Recently, I met a project manager at a foreign company in Beijing. He is 35, a graduate from one of China's most prestigious universities and possesses nearly a decade of work experience in foreign enterprises.
But he looks a little glum these days. Why? Because he says the recent price increases are affecting his nerves. Frankly, I was confused by this. The company he works for isn't small, and he has a senior position in the company with a decent salary. But if prices these days are inducing worry in him, what about the rest of us?
Prized Theory that's Right for China's Reform
'Holistic reform theory' offers valid arguments for expanding the economic reform process to the political arena
Among the China's prizes for academic leaders in the field of economics, the China Economic Theory Innovation Award is unique because scholars pick the annual winners.
This year, the award process itself was unique for focusing on theories with a bearing on China's economic reform at a crossroads today, a time marked by rising expectations and even anxiety among the public.
Holistic reform theory argues that China should rid itself of the moribund planned economy and ambitiously pursue building a market economy.
Bankruptcy Turmoil and Body Snatching Tales
Disputes over a commercial strip development in Changde led to a man's imprisonment and his mother's death
Li Lianzhi was found by relatives hanging from a door beam in her home with two scarves, red and gray, wrapped around her neck. Her 79-year-old body was still warm.
Local Internet micro-bloggers were soon chattering about the strange "body snatching" of an elderly villager.
Kaixin OpEd - Issues such as this have to be addressed by the Chinese people from within. Kaixin is seeing an increasing impatience and frustration with these old practices and a call for fundamental reform. This voice will grow louder over time and force change.
Rio Tinto, Chinalco Join Hands in Exploration
Expected to begin in the first half of next year, the new venture will be 51 percent held by Chinalco and 49 percent held by Rio Tinto
(Beijing) -- Australian mining giant Rio Tinto and Aluminum Corporation of China (Chinalco) signed an agreement on December 3 in Beijing to jointly set up an exploration venture in China.
The Age
Creating one Korea will be immensely costly, so planning must begin
Frustration reigns as North Korea acts like a two-year-old having an epic tantrum.
South Koreans are perturbed by their government's impotence in the face of deadly attacks. Americans are bitter that one option to curb Kim Jong-il's nuclear program is worse than the next. Japanese believe they are a target. Chinese are losing patience with their erratic and bellicose ally.
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We haven't seen anything yet. Irritation will rise once world leaders discuss money.
Kaixin OpEd – In Kaixin’s opinion the article has missed the point completely.
Money may be a practical issue with re-unification. However the real issue is China’s national security.
Uncle Sam wants to waltz up and down the Korean peninsular, China will do what ever it takes to prevent that.
Until that issue is resolved there will be no re-unification.
The issue of money may be a reason America + and China put is on the back-burner.
And for that matter, why do the rich nations of the world have to help these corrupt regimes? There are enough resources in North Korea for it to enjoy a high standard of living. The people of North Korea should have the courage to bring about that change.
Rio deal opens the door to China
John Garnaut
RIO Tinto has taken the first step towards exploring China's largely untapped mineral resources, after entering a joint-venture exploration agreement with its biggest shareholder, Chinalco.
Large international mining companies have until now been effectively locked out of opportunities in China while domestic mining companies have largely lacked the capacity and experience to systematically explore the country themselves.
BHP Billiton, for example, packed up its exploration unit late in 2008.
Asia Times Online
Dear Leader's designs on Uncle Sam
By Peter Lee
The WikiLeaks cables on North Korea present a picture of an economy that is becoming haltingly integrated with China's market-driven behemoth, belying claims in the same disclosures that China is disengaging from its neighbor. The flip side of North Korea's ambivalent relationship with the Chinese is its seemingly futile desire to establish relations with the United States.
I.H.T. Op-Ed Contributor
Scolding China Won't Help
China has become far freer, and bashing it over human rights will only slow the process of political reform.
There is an established historical pattern for real change in China. Over the past 30 years, change has come slowly but steadily.
Political reform is coming to China and Western politicians should avoid prolonging the process through strident remarks and posturing that only give ammunition to Chinese hard-liners. Instead, we should encourage Beijing as it becomes more comfortable with its place as a modern, and increasingly open, power.
James Zimmerman, a lawyer and former chairman of the American Chamber of Commerce in China, is the author of a guidebook for lawyers and businessmen working in China.
Singapore’s Lee Rates China’s Leaders
Lee Kuan Yew, Singapore’s founding father and minister mentor, and the grand old man of Asian politics, is famously blunt with his views. All the more, it would seem, in supposedly private diplomatic conversations than in public.
Kaixin OpEd - Insightful comments, well worth reading.
Special Report: Contemporary Art
The Frenetic World of Yi Zhou
SHANGHAI — Imagine that van Gogh, after slicing off his ear, finds himself sucked down a passage into his own brain, which turns out to be the concentric onion of Dante’s “Divine Comedy.” Then capture that journey with three-dimensional digital imaging software and turn it, frame by computerized frame, into a five-minute animated movie.
See Kaixin's Chinese Art - Yi Zhou, Contemporary Chinese Artest (very interesting)
WSJ - Beijing’s Xu to Design Mouton Rothschild Label
Salvador Dali, Joan Miró, Georges Braque — add the name of China’s Xu Lei to the list of artists who have designed a label for top-flight Bordeaux wine producer Château Mouton Rothschild.
The winemaker has selected artists to design its label every year since 1945.
See Kaixin's - Insights into China
NYT - For China’s Women, More Opportunities, More Pitfalls
BEIJING — The question that dashed Angel Feng’s job prospects always came last. 
Fluent in Chinese, English, French and Japanese, the 26-year-old graduate of a business school in France interviewed between January and April with half a dozen companies in Beijing, hoping for her first job in the private sector, where salaries are highest.
“The boss would ask several questions about my qualifications, then he’d say: ‘I see you just got married. When will you have a baby?’ It was always the last question. I’d say not for five years, at least, but they didn’t believe me,” Ms. Feng said.
“The main issue we face is confusion, about who we are and what we should be,” said Qin Liwen, a magazine columnist. “Should I be a ‘strong woman’ and make money and have a career, maybe grow rich, but risk not finding a husband or having a child? Or should I marry and be a stay-at-home housewife, support my husband and educate my child? Or, should I be a ‘fox’ — the kind of woman who marries a rich man, drives around in a BMW but has to put up with his concubines?”
Guo Jianmei, director of the Beijing Zhongze Women’s Legal Counseling and Service Center, insists that, over all, women today are in a better position than they were three decades ago.
“They know so much more about their rights,” she said. “They are better educated. For those with a competitive spirit, there’s a world of opportunity here now, whether they are businesswomen, scientists, farmers or even political leaders. There really have been huge changes.”
Women in China
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