All posts by LLD - 130. page
Record High Chinese Investment in the U.S. in 2013
In Spite of Concerns for “Ghost” Towns, Many Chinese Cities Plan for Massive Expansion
440 Confucius Institutes and 646 Confucius Classrooms around the World
On April 17, Social Sciences Academic Press and Hubei University jointly issued the "Culture Blue Book, Chinese Culture Development Report." The Report states that although the Confucius Institute was launched not long ago, it already has had a huge effect and a far-reaching influence. Compared to other major international organizations that promote language and culture, the Confucius Institute is leading the league in terms of pace of expansion and magnitude of influence. According to the latest data from Hanban (the Chinese National Office for Teaching Chinese as a Foreign Language), by the end of 2013, 440 Confucius Institutes and 646 Confucius Classrooms had been established in 120 countries (regions) around the world. The United States has the largest number (97) of Confucius Institutes.
Pushed forward by the Confucius Institute, learning the Chinese language has become popular around the globe. In 2010 and 2011, Russia and France each organized the "Chinese Year" activities. According to the China culture media network, a website under the Ministry of Culture, in 2010, about 100 million foreigners were learning Chinese; that figure reached 150 million in 2013. The Confucius Institute has become the brand name for promoting the Chinese language and showcasing China’s "soft power."
Source: People’s Daily Online, April 17, 2014
http://politics.people.com.cn/n/2014/0417/c1001-24908823.html
Head of State Oceanic Administration: Marine Resources Plundered; Multiple Conflicts
In a recent talk, Liu Cigui, the Administrator of China’s State Oceanic Administration, discussed the severe situation of safeguarding maritime rights and interests in China’s surrounding waters: marine resources have been plundered; waters have been divided up; reefs have been occupied; the security of strategic passages has been threatened; and conflict has broken out in multiple locations.
Liu said that the ocean is an important platform for international political, economic, military, and diplomatic cooperation and competition. The ocean is in an even more important position for the national strategy of coastal countries. "The State Oceanic Administration, confronted by various maritime conflicts such as Japan’s so-called ‘nationalization’ of the Diaoyu Islands and the Philippines Ayungin Reef incident, has taken a series of counter-measures and achieved initial results."
Liu added that, in accordance with the "United Nations Convention on the Law of the Sea," China has extensive strategic interests and legitimate rights in the open seas, the ocean, the international seabed, and the North and South Poles.
Source: China News, April 11, 2014
http://www.chinanews.com/gn/2014/04-11/6055889.shtml
Huanqiu: Former First Lady vs a Brother of a Former President; a Tragedy for US Democracy
On April 12, Huanqiu Published an article discussing U.S. democracy, with quotes from the Washington Post, Financial Times, and the Los Angeles Times.
"Although it is two and a half years away, American media, already tired of Obama, are more keen on predicting the 2016 Presidential election. According to the Washington Post, Hillary Clinton and Jeb Bush, the former Governor of Florida and younger brother of former President George W. Bush, both showed up at an education conference. This was a stage appearance in preparation for their 2016 presidential campaign. So far, neither has announced their candidacy and there won’t be any conclusion drawn before the end of the year. In accordance with the usual tactics of Republicans and Democrats, however, the 2016 election is likely to be a battle between a former President’s son and another President’s brother, and a former President’s wife."
"Since Hillary wants to warm up for the next general election, why would she appear in the city of Las Vegas which does not have a good reputation. Few American media offered an explanation. According to the Financial Times article on March 30, ‘Last week several Republican presidential hopefuls trekked to Las Vegas to pay their respects to Sheldon Adelson, the gaming billionaire.’ The article said that the U.S. may remove the ceiling on what individuals can give to candidates and parties, [thereby rescinding] ‘what remains of post-Watergate limits on campaign finance.’ ‘But in an economy where the top 1 per cent of the population owns more than a third of the nation’s wealth, it corrodes the republic from which such riches sprang. People fret about America’s 1 per cent economy. They should worry more about its 1 per cent democracy.’"
"There has never been a time when America’s political families were so deep-rooted. According to statistics, of the most recent nine presidential campaigns, there were seven in which candidates came from either the Bush or the Clinton family. In his Los Angeles Times article, New York University history professor Jonathan Zimmerman stated, ‘A few years ago, I found myself sitting on an airplane next to a gentleman from Egypt. Talk quickly turned to the upheaval in his country, where the so-called Arab Spring was in full bloom.’ ‘"We want a real democracy," he told me, "not like yours." When I pressed him to elaborate, he shot back with a question of his own. "How many times have you voted," he asked, "when someone named ‘Bush’ or ‘Clinton’ wasn’t running?"’ This history scholar then lamented that ‘We tell the world that we’re a land of opportunity, where anyone can grow up to be the president. Then we limit ourselves to a handful of political dynasties.’ ‘That’s not good for our image overseas, or for our democracy at home.’"
Source: Huanqiu, April 12, 2014
http://world.huanqiu.com/exclusive/2014-04/4969327.html
LA Times, March 27, 2014
http://www.latimes.com/opinion/commentary/la-oe-zimmerman-political-dynasties-20140327,0,4599058.story#axzz2x9oFfqj1
Hu Jintao Visited Hu Yaobang’s Former Residence
On April 11, days before the 25th anniversary of the death of the late Chinese Communist leader Hu Yaobang, retired Chinese Communist Party General Secretary Hu Jintao paid a visit of the former residence of Hu Yaobang in the town of Liuyang in Hunan Province.
In the 1980s Hu Yaobang was one of the main leaders of the Chinese Communist Party. When Mao Zedong was the paramount leader of China, Hu was viewed as open minded and rectified many miscarriages of justice. In 1987, Hu was accused of being ineffective in opposing capitalist liberalization and senior Party heavy weights forced him to resign. Hu died on April 15, 1989. His death inspired tens of thousands of students in Tiananmen Square to give their condolences, which then evolved into the 1989 student movement, followed by the June 4th massacre.
Hu Yaobang once promoted Hu Jintao, the retired Party secretary at the 18th Congress, to the top position at the Chinese Communist Youth League, a communist organization for young people.
On Friday morning, accompanied by officials in Hunan province, Hu Jintao visited the former residence of Hu Yaobang and his museum, staying there for an hour. It is reported that President Hu Jintao visited the statue of Hu Yaobang and bowed to Hu Yaobang to pay tribute. Hunan authorities have kept the news from the public.
Source: Voice of America, April 12, 2014
http://www.voachinese.com/content/hujintao-huyaobang-20140412/1891916.html
Chinese Investment in Australia
In March of 2014, KPMG and the University of Sydney’s China Study Center jointly published the report, "Demystifying Chinese Investment in Australia." The report explores the recent direction of Chinese investment in Australia.
In 2013, Australia lost to the United States as the top destination for Chinese outbound direct investment. The total value of Chinese investments in Australia from 2005 to 2013 was $57,250 million, second to the U.S., which was $59,900 million.
Although Chinese investments in Australia registered a 10 percent decrease in 2013 as compared to 2012, there was a clear shift toward larger numbers of small to medium sized deals having larger shares of private Chinese investors, particularly in the commercial real estate sector.
For the first time, Chinese investments in Australia were not concentrated in the mining sector. Instead the power transmission industry dominated with the State Grid deal accounting for 40 percent of the total investment value in 2013, followed by mining (24 percent), gas (21 percent), commercial real estate (14 percent) and agribusiness (1 percent).
Source: "Demystifying Chinese Investment in Australia," March 2014 Update.
http://www.kpmg.com/au/en/issuesandinsights/articlespublications/china-insights/pages/demystifying-chinese-investment-in-australia-march-2014.aspx