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 is growing with African nations
Chinese investment, cooperative projects and aid are on the rise but do not compromise Western interests
Sino-African relations have remained on track for all-round and rapid development over the past years under the guidance and propulsion of the well-founded Forum on China-Africa Cooperation. Enormous progress has been made in political, economic, cultural, security and other fields and bilateral cooperation mechanisms are continuing to steadily improve.
A series of remarkable accomplishments have been achieved in the economic and trade realm, with bilateral trade volume exceeding $100 billion in 2008. China currently remains Africa's second largest trading partner and its investment in the vast continent has seen constant growth. By the end of 2009, the volume of China's accumulative non-financial investment in African countries had surpassed $8 billion and it had become the largest investor in the continent among developing nations.
Kaixin OpEd - The economic potential of Africa and Rural China is enormous and as yet un-tapped.
A symbiotic relationship between the two will propel both nations through-out the 21st century.
Watch this space.
China's ties with Southeast Asia strong
BEIJING - China remains Southeast Asia's "best friend" and its influence with these neighboring countries is not losing ground to the United States, said a senior Southeast Asia diplomat.
Trade surplus not worrisome: Chen
More steps on cards to boost foreign investment, says commerce minister
XIAMEN, Fujian - The trade surplus for the full year will continue to narrow on the back of steps taken by the government to boost domestic demand and imports, Minister of Commerce Chen Deming said on Tuesday.
The nation will also take steps to increase foreign direct investment (FDI), especially in the high-tech and services sectors, over the next two to three years, Chen told China Daily on the sidelines of the 2010 UNCTAD (United Nations Conference on Trade and Development) World Investment Forum.
China will offer more to world: premier
BEIJING - Premier Wen Jiabao said Tuesday that China will shoulder its responsibility and contribute more to the world
Wen made the remarks when meeting with several former foreign leaders to attend the two-day 21st Century Forum.
They are former Nigerian President Olusegun Obasanjo, former European Commission President Romano Prodi, former Australian Prime Minister John Howard, former Russian Prime Minister Evgeni Primakov, former German Chancellor Gerhard Schroeder and former Japanese Prime Minister Yasuo Fukuda.
In the meantime, Wen appealed for understanding, support and help from the international community, noting China still faced tremendously complicated issues and challenges after realizing great achievements.
Forum urges tightening of financial regulatory system
Political adviser: US took advantage of dollar's status to grab wealth
BEIJING - The world must strengthen financial regulatory systems, especially that of major reserve currency issuing countries such as the United States, said a senior political advisor on Tuesday.
The US has taken advantage of its status as a major reserve currency issuer to grab other countries' wealth, which is a source of the 2007-2008 global financial crisis, said Zheng Xinli, deputy director of the economic committee of the Chinese People's Political Consultative Conference (CPPCC), the nation's top policy advisory body.
Kaixin OpEd - It is about time the duplicitous U.S was called out.
They have been rorting the world since the $US became the world’s reserve currency.
Finally, there is a country strong enough and prepared to stand up to the U.S.
That is why China effectively ignores America when it bleats about currency, trade and the like. To take America’s advice would be to effectively consent to financial rape.
Japan still finds it hard to walk after taking the lecherous advice from America in the 1980’s.
And there are many countries in the world still undergoing counselling for being violated.
China still a developing country, says WB chief
WASHINGTON - China is an important economic growth pole in the world, but it is still a developing country facing many challenges, World Bank President Robert B. Zoellick said here Tuesday.
"China has scored amazing economic success for the past three decades, not only in terms of high growth rates, but also in poverty reduction and other areas," Zoellick told Xinhua in an exclusive interview ahead of his week-long visit to China scheduled for September 9 to 15.
However, he said he believes China is still a developing country.
Exclusive interview with Pascal - Video
Pascal Lamy, director-general of the World Trade Organizaiton (WTO), spoke in an exclusive interview with China Daily during the second World Investment Forum, which opened on Tuesday in Xiamen, Fujian province.
Sino-Myanmar ties renewed
BEIJING - China and Myanmar are willing to increase their economic and trade cooperation, President Hu Jintao and Myanmar's top leader, Than Shwe, said during their meeting on Wednesday.
"China pays a great deal of attention to relations with Myanmar," Hu told Than Shwe, chairman of Myanmar's State Peace and Development Council.
Climate change resulting in wild weather in China
BEIJING - The country has suffered extremely abnormal weather this year as a result of climate change, weather researchers said.
"Since last winter, events related to high temperatures, such as droughts, have been severe, and heavier-than-usual rains have hit some parts of the country, causing mudslides and flooding," Ren Guoyu, chief expert of the National Climate Center, said on the sidelines of the 21st Century Forum that started on Tuesday.
China's identity dilemma topic of fierce debate
BEIJING - China should better handle its identity dilemma, caused by its status as a developing country conflicting with increasing external pressure for it to exert a greater global role, analysts said.
The analysts, attending a forum on Wednesday, had a heated discussion on China's future development amid the background of China's rising economic clout and what kind of role it should play in the world.
Gustaaf Geeraerts, director of the Brussels Institute of Contemporary China Studies, said that despite China's economic achievement, the country is actually quite fragile in several sectors, including its low-ranking per capita GDP, its strong export dependence in combination with an underdeveloped domestic market, and its domestic problems including growing income inequality and environmental degradation.
"China, although growing fast, is at a different stage of development and has to overcome a great number of internal problems before it can take on the full scale of its international responsibilities," said Geeraerts, a leading China study expert in the world.
Shanghai Handbook: People's Square - VIDEO
People's Square is considered the heart of Shanghai. It is a hub of transportation, and also of recreation. If you want to experience a typical Shanghai leisure time, People's Square should definitely be on your list.
A program director - VIDEO
Zu Xiaoyu has studied Chinese calligraphy since childhood. But she had to give it up to put more focus on her burdensome schoolwork and face the pressure of competition to enter higher school.
But she is glad that she learned calligraphy in her childhood, because now, as an English TV program director, she faces many pressures that make her feel tired and stressful, and she uses calligraphy to help her mind calm down.
Tibetan students educated away from hometown
Tibetan students are on their way to a vocational school in Nanjing, East China's Jiangsu province, on Sept 6. About 220 Tibetan students arrived in Nanjing on Monday to attend vocational classes
'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)
Tibet Pavilion attracts 6 million Expo visitors
Global Times
CCTV - 9
News for Today
China Business Culture Science & Technology Travel
International News Sources
The Wall Street Journal China RealTime Report
China’s Wheat Newbies Attract Glares
When a foreign upstart comes traipsing into a local industry, the initial curiosity can quickly turn into unwelcome attention, especially when the market in question is a centuries-old, $36 billion one.
Boat Crash Fuels Beijing-Tokyo Row
Chinese Captain of Fishing Vessel Is Arrested for Allegedly Ramming Into Two Japanese Patrol Ships
TOKYO—A collision between a Chinese fishing vessel and the Japanese coast guard near a chain of disputed islands sparked a diplomatic spat between the two countries, marking the latest in a series of maritime tiffs stoking territorial tension among China and its neighbors.
Nissan to Create China-Only Brand
BEIJING—Nissan Motor Co.'s main passenger-car unit in China will start a China-only brand as part of the Japanese auto maker's effort to increase its share of China's less affluent but growing market in the nation's interior.
The new brand, Qichen, will be produced by Nissan's joint venture with Dongfeng Motor Group Co. starting in 2012, Nissan said Wednesday. Qichen translates to Venus, and the brand's English name is Venucia. The brand, ...
Roche Boosts Presence in China
BEIJING—Roche Holding AG is increasing its investments in China to accommodate the country's growing health-care needs, its chief executive said Wednesday, even as the Swiss health-products company cuts costs elsewhere as markets contract in Europe and the U.S.
CEO Severin Schwan said Roche plans to expand jobs, diagnostic operations and pharmaceutical research and development in China in the next several years. He didn't specify how much Roche plans to spend. Mr. Schwan said the opportunity for innovation in China is growing ...
China Buys More Japan Government Bonds in July
TOKYO—China ramped up its purchases of Japanese government bonds in July, likely adding to speculation that the growing money flow could be contributing to the yen's recent strength and lower government bond yields.
China bought a net 583.0 billion yen ($6.96 billion) worth of Japanese financial assets in July, Japan's Ministry of Finance said Wednesday. All or nearly all of that buying is thought to be in JGBs. The figure was higher than the net 456.7 billion yen China purchased in June. In May, China, set to displace Japan as the world's second-largest economy this year, bought a net 735.2 ...
The New York Times
China Takes Lead in Clean Energy, With Aggressive State Aid
CHANGSHA, China — Big subsidies for clean energy companies, like cheap land and low-interest loans, may be in violation of W.T.O. rules.
Kaixin OpEd - It’s hard to believe isn’t it?
China is actually doing something about the environment and Green Technology rather than holding talk-fests and running around in circles as governments in the ‘west’ are doing.
And the ‘west’ complains.
Mind you, as governments in the 'west' are all broke at the moment they are obviously concerned that China is the world leader in Green Technology.
World Briefing | Asia
China: Redevelopment Plan Scrapped for Historic Beijing Neighborhood
Beijing officials have shelved a much-attacked plan to redevelop the Gulou Drum Tower neighborhood, a warren of alleys and small homes dating from the Qing and Ming dynasties, into a tourist spot with high-end stores, The Beijing Times reported.
Letter From China
Beijing's Vision for the Future
The main theme of the three-story Exhibition Hall is unspoken and yet obvious. It is the intention of Chinese leaders to make this city of 20 million people a glittering, efficient, eco-friendly, architecturally distinguished and even beautiful city, appropriate for the great capital of a rising world power.
China Moves to Ease Strain With U.S.
HONG KONG — Top Chinese officials are calling for quiet discussions instead of open friction with the United States, after a summer marked by bilateral disagreements over the value of China’s currency, American military exercises off the Korean Peninsula and American efforts to resolve territorial disputes in the South China Sea.
Caixin Online
MCC Chief Defends Overseas Resource Strategy
Investors have pounded Metallurgical Corp. stock, but Shen Heting says global mining projects are worth the wait
Seeking an explanation for this mixed record, Caixin interviewed Shen Heting, who serves as company president as well as party secretary and vice chairman of MCC's parent China Metallurgical Group Corp. He painted a confident picture of a company that's pursuing long-range mining projects around the world with huge profit potential.
Developing World Catches a Fresh IT Wave
Andy Xie
An IT-fueled shift to low-cost communications is revamping the services sector, to the benefit of developing economies
The Age
Power cuts to mills to hit iron ore demand
John Garnaut, Beijing
CHINESE demand for iron ore is expected to slump after Beijing's extraordinary move to cut power supply to its industrial heartlands.
Asia Times Online
SINOGRAPH
Chinese back no-blame equity risk
By Francesco Sisci
Thirty years after the birth of China's economic leap forward with the foundation of the Shenzhen special economic zone, President Hu Jintao is calling for more reforms. Already ahead of him, individuals and companies are changing the country's financial environment by supporting with hard cash choice and risk over state and security.
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
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