7th of August 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

US-Vietnam nuke deal 'destabilizing'

BEIJING - The "advanced negotiations" between the United States and Vietnam to share nuclear fuel and technology disrupt international stability, Chinese analysts have said.

"The US is used to employing double standards when dealing with different countries ... as a global power that has promoted denuclearization, it has challenged its own reputation and disturbed the preset international order," said Teng Jianqun, deputy-director of the China Arms Control and Disarmament Association, on Thursday.

The US and Vietnam - two former Cold War foes - are in advanced talks to share nuclear fuel and technology, which could "unsettle" China, The Wall Street Journal reported on Wednesday.

Under the agreement, Hanoi will reportedly be allowed to enrich uranium on its own soil, a move that is also expected to hamper global nuclear nonproliferation efforts.

Officials at the Chinese Ministry of Foreign Affairs have yet to respond to the news.

China, Iran pledge to cooperate more

BEIJING: China and Iran on Friday pledged to carry through cooperation projects and seek mutual benefit.

The pledge came out of the meeting between Chinese Vice Premier Li Keqiang and visiting Iranian Oil Minister Masoud Mirkazemi in Beijing, according to a press release issued by China's Foreign Ministry.

Minister hits at 'vulgarity' in culture sector

BEIJING: China's most senior state culture official Friday lambasted local governments that spend money on "vanity projects" instead of cultural facilities and called for an end to "vulgar" publications.

Culture Minister Cai Wu criticized the trend of "vulgar productions" and "kitsch" in print and on electronic Chinese media, and lashed out at publications with gossip and sensational stories that advocate money worship and consumerism.

"We publish more than 300,000 books every year, but how many of them could be compared with the scriptures inherited from our ancestors?" asked Cai in an interview with Xinhua.

"We produce some 400 movies and hundreds of TV drama programs each year, but how many of them will be recognized as classics?"  Some local governments had misspent their money building vanity projects, such as urban landmark buildings, instead of basic public culture facilities, he said.

"Some local governments and officials have neglected or ignored socialist cultural construction," said Cai.

Energy-intensive firms lose electricty aid

BEIJING: Preferential electricity rates granted by 22 provincial governments for high energy-consuming businesses have been totally scrapped, China's top economic planner announced Friday.

All energy-intensive enterprises must be subject to the new power tariff surcharges introduced in May, said the National Development and Reform Commission (NDRC) in a statement posted on its website.

China assists Pacific Islands countries

PORT VILA: China will continue to provide assistance to help the Pacific Island countries build capacity to tackle global financial crisis and climate change, and support the sustainable developemnt of the island countries, said Chinese Vice Foreign Minister Cui Tiankai on Friday.

The Chinese vice foreign minister made the remarks at the the 22nd Pacific Islands Forum's Post Forum Dialogue Meeting, which was held in the Vanuatu capital of Port Vila on Friday.

The Chinese government attaches great importance to developing the friendly cooperation with the Pacific Island Countries and will continue provide economic and technology assistance to the island countries, he said.

"China is ready to maintain the high-level exchanges,deepen economic and trade cooperation, further strengthen cooperation with Pacific Islands regional organizations," he told the delegates.

"China will push forward its relations with the island countries to a higher level based the five principles of Co- existence," he added.

Carrying Forward the Five Principles of Peaceful Coexistence in the Promotion of Peace and Development

Speech by Wen Jiabao Premier of the State Council of the People's Republic of China At Rally Commemorating the 50th Anniversary of The Five Principles of Peaceful Coexistence

Wiki

   1. Mutual respect for each other's territorial integrity and sovereignty (互相尊重主权和领土完整)
   2. Mutual non-aggression against anyone. (互不侵犯)
   3. Mutual non-interference in each other's internal affairs (互不干涉内政)
   4. Equality and mutual benefit (平等互利)
   5. Peaceful co-existence (和平共处)

The American dream of the Chinese rich

For many of China's wealthy, investing $500,000 in a US government program is the best way to obtain a green card - for them or their children. Duan Yan reports from Beijing.

Yvonne Liu, 22, wanted to stay in the United States after her university studies, and her mother, a 46-year-old wealthy Chinese businesswoman, figured out a way to make that happen.

Lily Zhang flew to the US to look for investment opportunities. Her plan was to move some of her international trade business from the city of Xiamen in southern China to southern California.

Fewer foreign employers on preferred list

BEIJING - The number of foreign companies on the list of the top 50 preferred employers voted by Chinese college students has plunged to four from last year's 21.

ChinaHR.com, an on-line employment agency, Thursday released its report on college students' preference of employers, a poll of 200,000 students from more than 700 universities from November last year to May this year.

Global Times

Talent fleeing big cities can empower the rest of China

The rush to the big cities is gradually wearing off, and another social wave is hitting China.

People who have spent a few years living and working in metropolises such as Beijing and Shanghai are now escaping to second-tier cities.

In the 1980s, every kid wanted to go to the big city. And they did. Today, the permanent population of Beijing is over 19 million. With millions of tourists flooding to the capital, the population can reach as high as 21 million at any one point.

For any big city, a massive population is a huge headache when developing urban environment. With immense pressure on education, healthcare, employment and social welfare, the big cities are looking tired under these hard-to-meet demands.

And young people today, especially those who went to university in first-tier cities, are finding it more difficult than ever to settle down in the big cities. Therefore, going back to the second-tier cities, especially coastal cities or provincial capitals, seems a wise choice for them.

Mature Sino-US relations keep whole world safe

In "Sino-US relations would be better off staying 'immature,'" published on August 4 in the Global Times, Professor Yan Xuetong put forward a very interesting opinion on the relationship between the two powers.

From his point of view, despite the fragile mutual trust, spontaneous conflicts and lingering uncertainties between China and the US, scholars and officials in the two countries are using the word "mature" to describe the bilateral relationship, which actually obscures the nature of the relationship.

But I believe there's nothing inappropriate in using the word "mature" in this context. Strategists in China and the US are all skilled realists. Since they recognize they are mutually constrained, they prefer to achieve strategic goals by seeking a mature relationship rather than highlighting risks and divergences.

The Cold War didn't lead to a final battle between the Soviet Union and the US, nor will today's Sino-US strategic competition.

Villages remain backward islands in the urban sea

Editor's Note:

Urban villages, where rural communities are swallowed up by growing cities, are an increasingly thorny problem in China's urbanization process. The crowded conditions, poor environment and lack of public facilities pose a tough challenge to city planners. Attempts to demolish them have met with public resistance, and there have been more failures than successes in dealing with the issue so far. How did these urban villages form? Is there a better way to deal with them than just tearing them down? Global Times (GT) reporter Wu Meng talked to Li Jinkui (Li), director of the City Planning Research Center of China Development Institute (CDI), on the issues involved.

News for Today

China     Business     Culture     Science & Technology     Travel

International News Sources

The Wall Street Journal   China RealTime Report

Foreign Employers Less Popular in China

The growing success of Chinese companies, contrasted with the effect that the global economic downturn had on many foreign firms, is starting to alter the attitudes of prospective Chinese employees, according to a new survey.

Family Ties ‘Definitely a Factor,’ Says Mao’s Grandson

At least Mao Xinyu isn’t in denial about the likelihood that his link to Chairman Mao affected his promotion to become the country’s youngest general.

Caixin Online

Wang Yifang on Steel's Makeover

An interview with the chief of the nation's biggest steel group

China's largest steelmaker Hebei Iron and Steel Group is only two years old, but it's setting the pace for an integration movement that's changing the face of the nation's steel sector.

The general manager of the 2-year-old group, Wang Yifang, described the ongoing process in an exclusive interview with Caixin. Excerpts follow:

The Age

The Great Wall of China
JOHN GARNAUT, BEIJING

A FORTNIGHT ago, as Macquarie Group leapt to the top of the Chinese big league by underwriting one of the largest floats in corporate history, its Shanghai boss, Daniel Phillips, ran headlong into a Chinese wall.

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