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International Herald Leader: China’s Foreign Diplomacy Should Reflect Its World Number Two Status

[Editor’s Note: The International Herald Leader published an interview with Yan Xuetong, Dean of the Institute of Contemporary International Relations, Tsinghua University, and one of China’s leading scholars on international relations. In a March interview with the International Herald Leader, Yan made the statement that “the Sino-U.S. relationship is more one of enemies than of friends.”

In this interview, Yan argued that China’s foreign policy should reflect its status as the “number two power in the world.” He outlined three principles to guide China’s foreign policy: 1. Change the focus from economic development to rejuvenating the nation; 2. Change from maintaining a low profile to being a responsible great power; 3. Strategically improve China’s international reputation instead of focusing on a peaceful environment for economic development.] [1]

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China and Gulf Arab Countries Held a Seminar on Economics in Guangxi

The International Department of the CCP Central Committee recently announced that China and the Gulf Arab Countries held a seminar on economics on December 16, 2010, in Guangxi, China. The theme of the seminar was “Economic Transformation and Joint Development.” More than 70 people attended. They included envoys from Gulf Arab countries, Chinese and foreign government officials, experts, and business representatives. Li Jinjun, Deputy Director of the CCP International Department, suggested in his speech that the Gulf Arab countries and China are emerging markets and face similar economic challenges. He believes it would be worthwhile to find new approaches to improving joint development.

Source: International Department of the Central Committee of CCP, December 16, 2010
http://www.idcpc.org.cn/dongtai/101216-2.htm

Xinhua: China to Control the Rapid Growth of Land Prices

On December 19, 2010, Xinhua reported that the Ministry of Land and Natural Resources had just released new regulations requiring local government branches to enforce real estate administrative policies and to “decisively” stop the recent rapid increase in land prices. The Ministry pointed out that the health of the current real estate market is “facing a complex situation.” The entire society can see how land prices have been increasing in a number of cities. The Ministry called for “strong strikes” against land hoarding and speculation. The new regulations also prohibit changing the use of land into government-subsidized land for low-income housing projects.

Source: Xinhua, December 20, 2010
http://news.xinhuanet.com/2010-12/20/c_12896352.htm

Guangming Daily: Some Thoughts on Financial Safety

Guangming Daily recently published an article discussing issues related to China’s national financial safety, which is considered to be the core of economic safety. The article expressed concern that financial globalization has resulted in an increase in negative economic fluctuations. The author believes that there are four elements that endanger the Chinese economy: (1) hot money, or unemployed capital; (2) financial innovations that lead to instability; (3) strong pressure that results from China’s foreign exchange reserves; (4) an incomplete financial system in China’s rural areas. The article called for long-term positioning of the Chinese currency (RMB), improvements in financial market administration, and increased investment in social security systems.

Source: Guangming Daily, December 20, 2010
http://epaper.gmw.cn/gmrb/html/2010-12/20/nw.D110000gmrb_20101220_4-10.htm

Huanqiu Editorial: Today’s Oslo Seems Like the Headquarters for an Evil Cult

[Editor’s Note: In an angry editorial, Huanqiu, an official publication of the Communist Party Central Committee, attacked the Nobel Committee and Western media for awarding Liu Xiaobo the Nobel Peace Prize.

The article likens the ceremony in Oslo to an evil cult ritual and accuses the Committee of “altering the spirit of peace” and “replacing it with Western Fundamentalist ideas.” It claims that “1.3 billion Chinese people resent the Peace Prize nomination.”

The editorial drew many emotional comments that echoed its rhetoric. One reader wrote: “The ‘Nobel Peace Prize’ is a joke to fool people. A guy who invented dynamite to kill fellow human beings, and who made a fortune, created it. He (Nobel) just wanted to gain fame before his death. … The best way to handle this is to end all relations with Norway and a few other buffoon countries, except for official diplomacy, especially trade. (We should) stop importing their goods, refuse to sell them anything, and call for Chinese not to visit their countries for sightseeing and shopping.” [1]

The following is a translation of excerpts from the editorial.] [2]

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China’s Military Must Have the Confidence to Sink U.S. and South Korean Warships in the Yellow Sea

[Editor’s Note: The bbs site of China’s official website www.huanqiu.com published an article on November 29, 2010, titled “China’s Military Must Have the Confidence to Sink All U.S. and South Korean Warships in the Yellow Sea.” The article announced, “South Korea’s military exercises caused a gunfight between North Korean and South Korea. North Korea bombarded South Korean’s Yeonpyeong Island on November 23. South Korea and its master, the U.S., used this as an excuse to further intensify the atmosphere of war. The U.S. Commander in South Korea announced on November 24 that South Korea and the U.S. would hold joint military exercises from November 28 to December 1 in the South Korean western sea territory, which is China’s Yellow Sea. The USS George Washington, a nuclear-powered aircraft carrier, would sail to the Yellow Sea to participate in the exercises.”

The following is a translation of excerpts from the article, along with some online feedback from Chinese Internet users.] [1]

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Major General Luo Yuan on China’s Neighboring Security Environment

[Editor’s Note: The following is a translation of excerpts from an interview with Major General Luo Yuan, that was conducted by Nan Fang Du Shi Bao (Nanfang Metropolis News), a newspaper affiliated with the Guangdong Provincial Government.

General Luo, Deputy Secretary-General of the China Society of Military Sciences, is a high profile military scholar specializing in Sino-U.S. relations. Although not an official spokesperson, his views often echo the Party line. He offers his candid position on a number of strategic issues. In his personal understanding, China has three core interests: 1) China will never allow its socialist system under Party rule to be overthrown; 2) China must protect its territorial integrity; and 3) China will not allow any damage to the significant economic interests that sustain China’s development. From the significance the Chinese place on the order in a list, it is clear that Luo gives Party rule a higher priority than China’s territorial integrity.] [1]

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