9th 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
Russian warplanes interrupted US-Japan drill
MOSCOW - Russian airplanes flew in the region of a joint US-Japanese military drill, a naval spokesman said on Wednesday, heightening tensions in a territorial dispute between Tokyo and Moscow.
"The area is our zone of responsibility. The airplanes carried out a planned flight in an area of the Russian Pacific Fleet's regular activity," said Roman Markov, a spokesman for the fleet.
"Our pilots did not violate any rules of international air space," he said.
Japan's Sankei newspaper had earlier reported that Russian patrol planes had interrupted joint US and Japanese military drills this week when they entered airspace above where the exercises were being conducted in the Sea of Japan.
Kaixin OpEd - Ahhh, Kaixin was wondering where Russia was ...
Boost for Muslims' religious facilities
Increasing migrant population brings need for more mosques
BEIJING - Authorities are addressing a lack of religious facilities for millions of Muslims who have moved to coastal cities, a senior official at the State Administration for Religious Affairs (SARA) said.
Along with other migrant workers, a large number of Muslims have migrated to cities from inland regions since 1978, Ma Jin, deputy director of the Islamic Department of the SARA, told China Daily.
The trend has led to a growing demand for religious facilities, primarily more mosques, greater availability of Islamic food and special graveyards.
By 2008, about 3 million Muslims, or more than 10 percent of the country's total Muslim population, had migrated from rural areas in traditional Muslim-concentrated western provinces to coastal cities, according to the Annual Report on China's Religions in 2009.
More than 75 percent of Muslim migrants left their hometowns in the hope of "better payment" and prospects, according to the report.
More than 70 percent saw their income double after they moved to urban areas, ranging from 500 yuan ($75) to 2,000 yuan per month.
"Muslims who work as migrant workers, or conduct small business in eastern coastal provinces, can enhance exchanges among ethnic groups, improve ethnic unity, and promote economic development in their hometowns," Ma said.
See Kaixin's - INSIGHTS INTO CHINA
Report says residential housing overpriced
BEIJING - A report by a leading think tank in China showed Wednesday that residential housing in the country's large and medium-sized cities is overpriced and in some cities are severely overpriced.
Ordinary commercial residential housing in 35 large and medium-sized cities are, on average, about 29.5 percent overpriced, the Chinese Academy of Social Sciences (CASS) said in its annual report on China's housing conditions.
Among the 35 cities, five see homes more than 50 percent overcharged, and 11 see houses 30 percent to 50 percent overpriced, said the CASS.
However, the projections might be exaggerated or underestimated due to the accuracy of the statistics provided by some cities, said the CASS.
The CASS said, in another report Tuesday, that China's housing price was expected to rise by 15 percent in 2010, down from 25 percent in 2009, but warned of "retaliatory price rebound" in 2011 if government measures aimed at cooling the market were relaxed.
See Kaixin's - CHINA REAL ESTATE
Chinese banks told to rein in property lending
Beijing - China's banking regulator has ordered lenders to tighten controls on their loans to property developers, its national television reported on Tuesday.
"It ordered banks to reinforce investigations before extending the loans and strengthen oversight after the loans are made," the television said.
In September, the China Banking Regulatory Commission (CBRC) sent a list of property developers under the central government to lenders, it said without elaborating.
Domestic media reported earlier this week that CBRC ordered banks to confine their new loans to 16 developers on the list.
China ordered State-owned firms to divest from the real estate industry, except those with property development as their core businesses.
In addition, Beijing has issued a slew of measures in recent months to cool the red-hot property market, including raising mortgage rates and down payments.
Cities see a new spike in real estate bubble
BEIJING - China's top think tank has said that the country's real estate bubble has soared in urban areas, with the biggest gap between market price and actual value in Fuzhou, capital of East China's Fujian province.
UN chiefs upbeat about Cancun progress
Talk still stuck in the continuation of the Kyoto protocol
CANCUN, Mexico - Top UN officials have set positive tones for the climate change conference as it reaches the last three days.
UN Secretary General Ban Ki-moon said on Tuesday afternoon that the conference has made good progress in four areas.
The first is deforestation. "With adequate financial support, we can make this agreement work. Even if it's not a full agreement, we can make good progress," he told an audience of several hundred people participating in a side event of the UN climate change summit in the Mexican beach resort.
China refutes proposal on carbon credits
CANCUN, Mexico - The European Union's proposal to ban industrial carbon credits from 2013 will hurt the interests of developing and developed countries if it comes into effect, said a Chinese official.
Xie Fei, a director of China Clean Development Mechanism (CDM) Fund, said there should be "consistency and fairness" in the EU's emission trading policy to ensure a stable carbon market.
Any policy fluctuations will hurt players on both sides, with China mostly affected, Xie, whose organization is under the Ministry of Finance, told China Daily.
"Industrial gas CDM projects contribute a lot to greenhouse gas emission reduction and are beneficial for both buyers and sellers.
"It is a pity that such projects are facing uncertainties or phasing out due to the possible discriminatory policies."
Europe has the world's largest carbon market and buys most of the carbon credit generated by CDM. CDM is a market-based mechanism under the Kyoto Protocol, allowing industrialized countries to meet their emission reduction targets at low cost by buying credits from developing countries.
China vows voluntary, non-binding carbon cuts
CANCUN, Mexico - China has made it clear that the autonomous nature of the national mitigation actions of developing countries, including China, will not be changed.
"This national voluntary pledge is autonomous; it is not negotiable; (it is) not imposed by the outside," Liu Zhenmin, first deputy head of Chinese delegation to the ongoing United Nations Climate Change Conference in Cancun, in his first meeting with the media.
Liu made the remarks in response to media's request to clarify some confusion after Reuters reported that "China is willing to make its voluntary carbon emissions target part of a binding UN resolution."
There could be "some misinterpretation", said Liu.
China is a developing country; and it is not subjected to internationally-binding frame under the current negotiations. "That's the distinction between the developed and developing countries," he said, as it follows the principle of "common but differentiated responsibilities".
Despite the voluntary nature of China's independent mitigation actions, "We shall honor our pledges. The pledges are incorporated in our national plan for social development and approved by the National People's Congress," he said.
"They will be implemented as part of our contribution to the global efforts in addressing climate change," he added.
Minister warns on urgent need for land conservation
BEIJING - The national imbalance between land supply and demand for construction will increase over the next five years as China's industrialization and urbanization maintain rapid pace, Minister of Land and Resources Xu Shaoshi said.
With a growing population, shortage of resources will be a long-term limitation for the country's economic and social development, the article said.
The per capita area of cultivated farmland in China is only 43 percent of the world average. Per capita fresh water and forestland are 25 percent and 14 percent of the world average, official figures showed.
Only about 20 percent of the country's total land area is suitable for living.
The country faces the major challenge of feeding one-fifth of the world's population on one-tenth of its arable land. And China's population is expected to peak at roughly 1.5 billion by 2030.
"The current extensive economic development has caused great consumption and wasteful use of resources," Xu said.
Agriculture risks 'being ignored and weakened'
BEIJING - China's agriculture risks "being ignored and weakened" in the next five years in the face of the country's quick industrialization and urbanization, Minister of Agriculture Han Changfu said in a recent interview.
Modernization in agriculture has been lagging far behind development of many other sectors, he said.
Also, increasing shortages of farmland and water resources, as well as serious environmental pollution and heated competition in the global market, are expected to pose great challenges to China's agriculture over the next five years, he said.
"The country's agriculture has witnessed great achievements in the past five years, thanks to huge government investment," said Lu Bu, a researcher at the Chinese Academy of Agricultural Sciences.
"But as agriculture is usually regarded as an industry that cannot generate great economic returns, it is easy to treat it lightly," he said.
Since 2007, the country's annual grain output has remained above 500 million tons.
Coal and cars combine to increase pollution in North
BEIJING - Experts blame coal-fired heating in winter in most northern parts of China for worsening pollution.
Most monitored cities in northern China have been suffering from slightly polluted air. For instance, the average air pollution index (API) for Harbin, capital of Heilongjiang province, reached 111 on Tuesday, figures from the environment authorities showed.
Think tank offers plan for US-China relations
BEIJING - The United States and China are at a point to establish a new collaborative relationship to deal with the possible conflicts emerging between the two big economies, which happen to be the world’s two big militaries, said analysts from a US think tank.
"The basic idea is that we need to clear out some of the strategic mistrust …that has at its roots an imbalanced economic relationship that we seek to radically rebalance in a direct way by encouraging investment from China directly into the US economy," Thomas P.M. Barnett said on Monday in an exclusive interview with China Daily.
Barnett, chief analyst at US think tank Wikistrat, is in Beijing to promote the “Whyte-Barnett Solution,” a new China-US grand strategy proposal he proposed together with his partner, John Milligan-Whyte and Dai Min, heads of the Center for America-China Partnership, one of the first think tanks to combine US and Chinese perspectives.
Watch the VideoThink tank offers plan for US-China relations
The four-page proposal suggests specifically on the investment floor to encourage large Chinese direct investment into the US market.
"I think the key thing is… to suggest to the American public the win-win opportunity here that … Chinese companies going global doesn’t result in a zero-sum outcome for the West," Barnett explained, adding that “it represents a very positive and potentially a very tremendous large-scale infusion of capital into distressed companies in the US and elsewhere.”
He said that he believed China will be interested in that kind of rebalance, getting the “less useful path” of discussion on the value of RMB off the table.
VIDEO - Interview with US think tank
The United States and China are at a point to establish a new collaborative relationship to deal with the possible conflicts emerging between the two big economies which happen to be two big militaries in the world, said US think tank analysts during interview by China Daily.
Kaixin OpEd - Well worth seeing
Economy to expand by 10% in 2011
CASS predicts double-digit increase, and a 'moderate' inflation rate
BEIJING - China's economy will expand by 10 percent in 2011, and inflation will remain moderate with the consumer price index (CPI) rising 3.3 percent, a top think tank predicted on Tuesday.
The Chinese Academy of Social Sciences (CASS) said in its annual Blue Book of China's Economy report that the economy will grow by 9.9 percent in 2010 and will retain relatively rapid growth, with the GDP growth rate reaching 10 percent in 2011.
The think tank also said that the intensity of the government's macroeconomic policies will remain stable, while the country's fixed-asset investment growth is likely to slow to 20 percent in 2011 from an estimated 23.5 percent pace this year.
However, some economists disputed the conclusions of the CASS report, predicting that the national economy may face a modest deceleration next year while inflation is likely to rise faster than expected.
Citigroup plans major expansion in China
hird-largest US bank to have 100 mainland outlets in 3 years
HONG KONG - Citigroup Inc aims to triple the size of its branch network on the Chinese mainland to about 100 outlets within three years as the US bank vies with HSBC Holdings Plc for a bigger slice of the mainland's banking market.
"We are very excited about China," said Stephen Bird, Citigroup's co-chief executive officer for the Asia-Pacific region.
"For us, this is still the beginning of the China story."
China is 'doing right thing' to curb inflation: Jim Rogers
NEW YORK - Financial expert Jim Rogers said on Tuesday that China's central bank was doing the right thing by raising interest rate to curb inflation in China right now.
"As we may all know that China is facing serious inflation problems. However, the central bank of China is doing the right thing to curb the inflation by raising interest rate and commercial banks' required reserve ratio," Jim, chairman of Rogers Holdings, told Xinhua News Agency at a news conference held by Thomson Reuters.
Regarding the cause of inflation in China, Jim said he did not know much detail about it but believed it had something to do with the excessive liquidity in the market.
"The massive money coming both domestically and abroad caused the excessive liquidity in the market and pushed up prices," he said.
He also criticized the new round of US quantitative easing policy, saying it was "totally wrong" that the Federal Reserve tried to stimulate the US economy by pumping a large amount of money into the market.
"Printing money only makes things worse, not better," he said.
He also held that the Fed's quantitative easing policy aggravated the inflation problem in China.
Study finds middle class 'unhappy'
SHANGHAI - Daniel Zhou (not his real given name) paused, trying to remember his son's age.
While it might seem shocking to some, his situation is far from unique among members of Shanghai's middle class, many of whom can not easily recall their children's birthdays or grades in school. They simply do not have time to spend with their families.
See Kaixin's - INSIGHTS INTO CHINA
China's vehicle tax bill draft receives comments from public
BEIJING - China's top legislature has received over 97,000 comments from the public on the draft law on vehicle and vessel taxation, one month after it released the full draft and invited opinions.
China key industries to grow 24% in 2011-15
China's strategic industries will grow at an average rate of 24.1 percent in the years between 2011 and 2015 and growth will slow to 21.3 percent in the next five years, Reuters reported on Dec 8,citing the China Securities Journal.
Growth threatens water supply
BEIJING - The expected rapid urbanization during the coming 12th Five-Year Plan (2011-2015) will threaten the security of China's water resources, authorities said.
Pollution control and prevention guidelines on eight major rivers and lakes across the country for the next five years were jointly released on Tuesday by the ministries of Environmental Protection, Water Resources, Agriculture, Housing and Urban-Rural Development, Industry and Information Technology, and the National Development and Reform Commission.
All the plans mentioned that rapid urbanization and fast economic development are posing great challenges to water protection in the eight rivers and lakes, including Haihe River near Beijing and Huaihe River, which marks the boundary between China's north and south.
The volume of pollutants in these waterways during the next five years will increase by 35 to 40 percent due to the industrialization and urbanization in the Haihe River area, according to the plan for that water system.
The plan for the Yellow River said rapid economic development along the river area would create a water shortage of about 14 billion cubic meters by 2030.
According to the plan for Liaohe River, which flows through Liaoning province, breakneck GDP growth will increase the pressure on the river system.
Water pollution has long been a problem for authorities.
Fishermen release jinxianba, a species of ray-finned fish, into Dianchi Lake in Kunming, capital of Yunnan province, on Wednesday. Jinxianba, which curb the growth of blue algae, could help improve the water quality of the lake.
Post-80s is a special word in China, which refers to people born in the 1980s.
A brilliant multi-media presentation on how the worl sees China, concentrating on one country at a time.
Heath's hearth
A Chinese benefactor is being sought to save from closure the home of one of the key figures in China's opening up to the West, Andrew Moody reports
The house of former British prime minister Sir Edward Heath, which has been open to the public for the past two years, could be put up for sale despite being a popular visitor attraction. The property, called Arundells, which is in the center of the English cathedral city of Salisbury and which dates back to the 13th century, contains a number of valuable Chinese artifacts, including a pair of Qianlong vases gifted to Sir Edward by former chairman Mao Zedong on the British ex-premier's first famous visit to Beijing in 1974.
The trustees are seeking permission to sell the house, which could fetch up to 6 million pounds ($9.45 million) since they argue it is losing money.
Yet a campaign group wanting to prevent the house's closure is hoping a Chinese philanthropist, or even an investor, comes forward to save it at the last minute.
Former British prime minister Sir Edward Heath meets former chairman Mao Zedong on his visit to Beijing in 1974.
Race against time
As the authorities step up efforts to save the grasslands from over-grazing, herders struggle to protect an abiding icon of their ethnic identity - the horse.
Mongolian herder Altandelger hopes to pass on the traditional craft of saddle-making.
See Kaixin's - CONTEMPORARY CHINA IN PHOTOGRAPHS
VIDEO - China's top climate negotiator speaks about two keywords
A balanced outcome in Cancun and the Kyoto Protocol - China's top climate negotiator Su Wei explains two keywords to China Daily during an exclusive interview at the 2010 United Nations Climate Change Conference in Cancun, Mexico
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.
The 16th United Nations Climate Change Conference
Green Living Top 10
Global Times
How long will jeers from the West last?
Is there a "plot" among the Western countries against China? In answer to this, few Chinese people would give a definitive answer. However, actions taken by the West have forced Chinese citizens to speculate about this matter.
Tomorrow will see the ceremony for this year's Nobel Peace Prize, which has been awarded to Chinese dissident Liu Xiaobo, who has devoted himself to subverting the government. Furthermore, at the invitation of the Nobel committee, several dissidents who are hostile toward the Chinese gov-ernment, will converge in Oslo from around the world.
The modern world is much like a sports arena, in which China has passed the first round and qualified for the final. As a newcomer, China may not be well prepared, with sloppy technique, lacking audience support and seeming like a stranger to the surroundings. China has no other choice but to fight on in the competition, strictly following the rules set by others.
Suddenly, boos and catcalls resound from the stands, from the Westerners in the pricey seats. Worse than this, the referee blows the whistle against China, amid jeers from cheerleaders and media, relishing exposing China's "scandals." What can the Chinese team do?
Despite a series of spats and misunderstandings between China and the West, globalization is forcing the country to adapt to co-existing with the "noble countries" in the West. China has to act discreetly, obeying rules set by the West and trying not to disturb their interests when seeking to safeguard its own welfare. Meanwhile, these "noble countries" launch broadsides at China's actions, even where no wrongdoing exists.
On whether Liu Xiaobo deserves the Nobel Peace Prize laurel, the majority of Chinese people differ in opinion from the Nobel committee. The major problem is that the committee, acting like a spectator who booed China's performance, has overseen a political farce. Moreover, there exists much evidence that mainstream Western political forces have participated in and dominated the conspiracy. The West is using this year's Nobel Peace Prize to sound the charge toward China's ideology, aiming to undermine the benign surroundings for China's future development.
Chinese civilization has long upheld the tradition of befriending all people, and public opinion in Chinese society is also in favor of making friends with the West. In the 1970s and 1980s, the West showed genuine goodwill toward China. But later on, especially since the turn of the century, the West has changed tack. It has begun obstructing the rise of China, which seems to be the last thing they want to see.
The West has shown great creativity in conspiring against China. With its ideology remaining dominant at present, the West has not ceased harassing China with all kinds of tricks like the Nobel Peace Prize.
It might be advisable for China not to buy the conspiracy theory, for communication would be much smoother if given the benefit of the doubt. However, China has to maintain its independence in thinking and ensure its discerning ability is not swayed by outside powers. As long as China can keep its independent judgment, its security will be ensured even when faced with a conspiracy.
Nobel prize erects walls among nations
Two days ahead of the award ceremony for this year's Nobel Peace Prize, members of the Norwegian Nobel Committee must feel like they are sitting on thorns. The committee did not expect that it is facing tit-for-tat confrontations after dozens of developing countries have said they will not attend Friday's ceremony.
It is not the first time that the committee has been disgraced. But this time they did it by granting the award to Liu Xiaobo, an incarcerated criminal. Such a decision was sheer bravado, displaying its ignorance and denial toward a big country that has made remarkable economic progress.
NGO creates 'Peace Prize'
A Chinese committee, based on the mainland, has decided to award Lien Chan, honorary chairman of the Taiwan-based Kuomintang (KMT), the first-ever Confucius Peace Prize Thursday, a day before the Nobel Committee is due to award its Peace Prize to the convicted criminal Liu Xiaobo.
Tan Liuchang, chairman of the Confucius Peace Prize Committee, told the Global Times Wednesday that his organization had informed Lien about the award through non-governmental channels.
"Lien contributes immensely to the development of cross- Straits relations and to world peace," Tan said.
An award ceremony is planned for Thursday at a downtown Beijing hotel, although Tan said he could not confirm the attendance of Lien.
"We'll show the rest of the world how the Chinese understand peace," Tan said. "China itself is a symbol of peace and a force in upholding peace, especially in a world that is full of conflict."
"We do not seek to slander any other organizations. We are here to offer a way of thinking," Tan said, adding that "the Confucius Peace Prize was not designed to challenge or replace the Nobel Peace Prize."
Dialogue
A 30 Minute Current Affairs Programme on CCTV - 9 (In English) where current issues are discussed by experts from China and Internationally:
Flashpoint in Yellow sea
The four-day military exercises in our neighboring Yellow Sea did serve the purpose of warning the DPRK, but China is also alerted to the growing tensions under its nose. China is seen as the closest ally of a volatile country and plays a major role in stabilizing the regional situation.
But, with the expansion of China's economy and military, and the simmering debates about the territorial disputes, Beijing is coming under pressure to restrict its confidence and even foreign policy. China faces a duel daunting task from within and without about its peaceful rise.
This is a tough job that none of the rising powers could have done in our human history. Today, we take an insightful look into the regional tranformation of the geo-political map in East Asia, particularly the security assurance that is badly needed by all sides.
Vietnam starts a charm campaign by flirting with the idea of trading its Cam Ran Bay for security assurance, and for collecting very juicy annual rent. The US has built the military base and wants to extend its military umbrella upon invitation but Russia has been quietly negotiating about its return to the Asia-Pacific stronghold through a call of the cold-war nostalgia.
Related stories
* Japan, U.S. launch largest-ever joint defense drills 2010-12-03
* Analysis: Impact of more drills on inter-Korean tensions 2010-12-02
* S. Korea-US joint military drill concludes 2010-12-01
* S. Korea vows continuing military drills 2010-12-01
* S. Korean, U.S. forces conduct maritime interdiction drills in Yellow Sea
International News Sources
The Wall Street Journal - China RealTime Report
The Wall Street Journal
Pictures of China
Slideshows
China Calendar Shift Raises Eyebrows
If China hoped to quell rumors of an incipient interest-rate increase or other tightening moves, its recent shift in the data calendar didn’t help.
See Kaixin's - INSIGHTS INTO CHINA
China Gets Its Own Peace Prize
Call it a Peace Prize with Chinese characteristics.
The announcement follows a November 16 editorial (in Chinese) in the Global Times, a tabloid affiliated with Communist Party mouthpiece People’s Daily, calling for the establishment of a Confucius Prize as a way for “the Chinese to declare China’s views on peace and human rights to the world.”
Kaixin OpEd - Given the farce the Nobel Committee have made of the Nobel Prize ...
Frankly, it is an issue being used by America for its own ends which is why Kaixin ignores it.
China, Laos Plan to Start Key Rail Link
BEIJING—China and Laos will begin construction early next year of the first high-speed rail line between the two countries, a top Laotian official said, indicating progress in a project that symbolizes the growing economic ties between China and Southeast Asia.
Also Tuesday, a top Chinese official said China was ready to export and share its train technology, though he didn't offer details. The comments follow concern by train makers in other countries that Chinese companies are using tweaked or "re-engineered" Western technology to bid on contracts—an accusation Chinese officials deny. Foreign train producers maintain that selling such technology outside China ...
The Sydney Morning Herald
China to markets: don't bet on the yuan - yet
If earlier doubts about China's commitment to make the yuan a global currency were misplaced, the current excitement is more than a little bit overdone.
Beijing's strategy for the next few years can be summed up quite simply: Dear foreigners, please use our currency, but not as a way to profit from our country's growth.
Kaixin OpEd - A good informed article.
Caixin Online
Think Tank Warns of Property Bubble
A recent Chinese Academy of Social Sciences report states that government measures instituted since April have brought down the volume of housing transactions but not investment activity
(Beijing) -- Chinese cities are facing a serious squeeze in property prices, priced on average 29.5 percent above actual value, said China's top government think tank, the Chinese Academy of Social Sciences (CASS) in a recent report.
See Kaixin's - CHINA REAL ESTATE
CNOOC Casts Wide Net in South America
A source from CNOOC's management team told Caixin that the purchase of Pan American Energy will extend the company's exploration capacity for another nine years
(Beijing) – The recent US$ 7.06 billion Argentinean oil deal spearheaded by China's offshore oil producer CNOOC Ltd. from British oil giant BP Plc has been seen as a major step for the Chinese company's expansion in the South American market. The deal gives CNOOC access to 50 percent of Pan American Energy's oil and gas assets in Argentina.
Final Remnants of the U.S. Housing Bubble
Recent data on the U.S. housing market shows that prices are once again falling – and the loss of equity is likely to be a drag on already slackened consumption
The elections and the budget deficit have dominated public debate in the United States in the last couple of months. However, the more important development for the economy is likely to be the resumption of rapid price declines in the U.S. housing market.
Asia Times Online
SINOGRAPH
In the shadow of Vesuvius
By Francesco Sisci
The collapsing ruins of Pompeii hold an apt metaphor for the best and brightest of China's future leaders who, on frequent visits to study Roman civilization as the foundation for Western culture, have witnessed the political and cultural ramifications of lack of unity in the European Union. If Europe and Italy fail, in a way, China and the rest of the world will also fail.
WSJ - Veil Lifted on China's Next Top Duo
BEIJING—Leaked U.S. diplomatic cables are shedding rare light on the personalities and opinions of Xi Jinping and Li Keqiang—the men tipped as China's next president and premier, respectively—while also revealing a surprising level of openness in their past dealings with the U.S. Embassy.
Vice President Xi Linping, left, and Vice Premier Li Keqiang
NYT - Business Etiquette for Hong Kong and the Mainland
The key to doing business in China is "guanxi," or relationships. But there is no simple definition of the word or even agreement on whether it is becoming less important as China modernizes.
See Kaixin's:
Corruption v 'li shang wang lai' 礼尚往来
Five things that decide your life: Birth, Luck, Feng Shui, Merit, Study
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