1st June 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

Heavy fog shrouds Wuhan, capital of Hubei province

China to stick to economic opening-up policy

GENEVA - China will continue its economic opening-up policy and it stands ready to join hands with other countries to overcome the global economic difficulties, a senior Chinese official said here on Monday.

"We firmly believe that opening-up will generate unlimited vitality for trade as well as dynamism for economic growth. Under no circumstances will China change its opening-up policy," said Yi Xiaozhun, China's vice minister of commerce.

Addressing a WTO session reviewing China's trade policies in the past two years, Yi said his country was still going through a period of rapid industrialization and urbanization, a process that "will unleash enormous demand for investment and consumption."

Ambassador: Wen's visit to greatly boost China-Mongolia ties

ULAN BATOR - Chinese Premier Wen Jiabao's upcoming official visit to Mongolia will significantly push forward the China-Mongolia good-neighborly partnership of mutual trust, Chinese Ambassador to Mongolia Yu Hongyao said.

The visit, to take place on Tuesday and Wednesday, will be the first by a Chinese premier in 16 years and also the first by Wen as premier.

It is expected to further boost the mutual understanding and trust between the two peoples, as well as bilateral exchanges and cooperation in various fields, Yu said in a recent interview.

Global Times    Headline

Premiers answer calls for direct hotline

China and Japan agreed Monday to reestablish a hotline between the premiers of the two countries and resume formal talks on seabed gas exploration in the East China Sea, the Xinhua News Agency reported.

The pledge was made in Tokyo during talks between visiting Chinese Premier Wen Jiabao and Japanese Prime Minister Yukio Hatoyama.

International News

Caixin Online

Geithner on American Vigor, Studying Chinese

An exclusive Caixin interview with the U.S. Treasury chief following economic talks with China's leaders in Beijing

(Beijing) - U.S. Treasury Secretary Timothy Geithner discussed hard lessons from the financial crisis, progress in the China-U.S. dialogue process, complementary economies, and a personal Beijing experience from his college days during an exclusive interview May 25 with Hu Shuli, Caixin's editor-in-chief.

The Wall Street Journal   China RealTime Report

The Two Faces of China’s Communist Party

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.

The Chinese Communist Party has been acting like two parties lately.

One party—the one that dealt with the April earthquake in Qinghai—is an assertive organization, excelling at mobilization and bringing massive logistical firepower to bear. Disasters that require large displays of power are its forte.

The other party—the one that’s trying to cope with a string of recent school killings—is prone to freezing up.

China Bites Into Commodities Reserves

China appears to be eating into some of its commodities reserves, a potentially worrying near-term trend for commodities producers and investors, analysts said.

The phenomenon could help explain why imports from China in markets such as refined copper, iron ore and lead have declined in the last few months. It also could be a factor behind the recent drop in prices for those commodities.

Japan, China to Launch Gas Talks

TOKYO—Japan and China agreed Monday to soon launch formal negotiations toward a treaty over natural gas field development in the East China Sea, the source of a long-running territorial dispute between Asia's two biggest economies.

Asia Manufacturing Expands

Most significant was the data from China, whose raging economy has been one of the drivers of the global rebound. The government's official purchasing managers index, or PMI, fell to 53.9 in May from 55.7 in April, as policy tightening measures to rein in credit growth and prevent asset bubbles appear to be having an effect.

The New York Times

China Offers Condolences Over Ship

SEOUL, South Korea — Prime Minister Wen Jiabao of China offered condolences on Saturday to South Korea for the sinking of one of its warships in March, The Associated Press reported.

Shanghai Expo 2010 Turns Spotlight on Nations

HONG KONG — Two years ago, athletes from more than 190 countries came together in Beijing, vying for international acclaim on basketball courts and balance beams at the Summer Olympics. Now, a rematch of sorts is occurring in Shanghai — but this time, the competitors carrying their national flags are the architects and designers of hundreds of pavilions at a 184-day marathon of image and commerce, Expo 2010.

Tech Innovator in Japan Sets Its Sights on China

TOKYO — A Japanese technology giant little known outside Asia is racing to capture the booming Chinese Internet market. And in the process, it hopes to become a global player straddling what is fast becoming the world’s most wired region.

Chinese Supercomputer Is Ranked World’s Second-Fastest, Challenging U.S. Dominance

SAN FRANCISCO — A Chinese supercomputer has been ranked as the world’s second-fastest machine, surpassing European and Japanese systems and underscoring China’s aggressive commitment to science and technology.

China Bans Court Evidence Gained Through Torture

BEIJING — The top judicial and law enforcement bodies in China have issued new guidelines that seek to halt the use of torture in obtaining confessions or witness testimony, especially in death penalty cases.

Asia Times Online

SINOGRAPH
Tough love for an unstable neighbor
By Francesco Sisci

BEIJING - As with the traditional cry of ''wolf, wolf!", threats of war between North and South Korea
have been heard many times in the 57 years since the end of the conflict on the peninsula. They sound so often that even the current situation could be considered a false alarm, especially since China stepped in and apparently managed to rein in restless Pyongyang.

China pulls the strings
By Julian Delasantellis

Private capital appeared to be shunning the financial markets this week, following the lead of governments that no longer seemed willing to support their economies. Then China spoke up and, as a global stock market rally followed, demonstrated its role as the world economy's new paterfamilias.

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