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All posts by RWZ - 3. page

The Paper: Criminal Activities Grew in Cheating on the National College Entry Exam

The well-known new Chinese news site The Paper recently reported that more and more advanced technologies are being used during the Chinese National College Entry Exam to help those who have decided to cheat on the Exam. This year’s Exam just completed a few days ago. The police have been busy jamming wireless signals around the official exam locations and chasing up and down the supply chain as well as the distribution channels of a massive amount of the high-tech cheating tools that criminal organizations provide. The technologies in the “cheating industry” upgrade rapidly. They have found their way into nearly all things that are allowed into the exam locations. Examples are drinking bottles with micro video cameras; communication devices hidden in watches, pens, erasers and eye glasses; electronics have been found in vests and belts connecting to the exam building conferencing system. Criminal groups run high power transmitters near the exam locations in order to support all these mobile devices. The cheating activities have been discovered across all provinces and have been growing.

Source: The Paper, June 7, 2017


China News: Around 20 Banks Have Stopped Making Home Loans

China News recently reported that the “first tier” real estate cities (Beijing, Shanghai, Guangzhou, and Shenzhen) have all been increasing home loan interest rates. Cities in the second and the third tiers are following suit. China has been tightening up the real estate market in an effort to control the ever-increasing housing prices. The banks are seeing a sharp decline in terms of business volume. Their response is to introduce an interest rate hike on those who will have to buy a home no matter where the market is heading. According to new market study statistics, out of 533 banks in the home loan market, around 170 banks have lowered interest rate discounts, 244 banks have switched to the standard (government set) interest rate, 20 banks have even stopped providing home loans. The Chinese government’s current policy of restricting home loans is taking effect. The housing market is expected to cool down and banks are expecting a much lower profit level.

Source: China News, June 10, 2017

India’s GDP Growth Rate Surpassed China for Three Years in a Row

Well-known Chinese news site Sina recently reported that, according to the official numbers that the Indian government just released, India’s 2016 fiscal year GDP growth rate was 7.1 percent. This has been the third year in a row for India to have a higher growth rate than China. The Indian government and the private sector investments suffered a very slow growth rate, at two percent. However personal spending grew very strongly, at nine percent. In the meantime, based on the newly released numbers, India’s disruptive abolition of large bills near the end of 2016 did cause some negative impact on consumer spending. The World Bank estimated that India will enjoy a 7.2 percent growth in 2017 and 7.5 percent in 2018. The International Monetary Fund expects India’s 2018 growth will even reach 7.7 percent. Experts expressed the belief that India’s tax reform will bring growth in the future. China’s official 2016 GDP growth rate was reported to be 6.7 percent.

Source: Sina, May 31, 2017

Xinhua: Xi Jinping Promotes Traditional Chinese Culture

Xinhua recently published an unusual commentary which discussed Chinese President Xi Jinping’s “deep thinking” on traditional Chinese culture. The commentary explained that the great traditional Chinese culture is one of the critical sources of the philosophy that fed into Xi’s governing practices. The article mentioned that Xi has emphasized the importance of the Chinese culture numerous times in speeches delivered in China as well as overseas. Each speech included ideas “deeply rooted in the Chinese culture.” In Communist Party Politburo meetings, Xi pointed out the significant importance of continuing this heritage of the great culture. He mentioned it in the Forum on Literature and Art Work and in the 80th Anniversary Celebration of the Central Party School. The article concluded that the answer to China’s problems can only be found on Chinese soil. {Editor’s note: Xinhua commentaries typically promote communism, socialism and other Communist Party related theories such as Marxism and the teachings of Lenin and Stalin. During the Culture Revolution, the Communist Party largely demolished traditional culture.}

Source: Xinhua, May 29, 2017

China News: Microsoft Released a Windows 10 Version Customized for the Chinese Government

China News recently reported that Microsoft just released a custom version of its flagship operating system Windows 10 specifically customized for the Chinese government. The Chinese version contains a modification to the general version that may collect information and send to other devices. The special edition addressed the concern the Chinese government has on network security. It requires that the operating system only store hardware and software configuration information to local storage providers rather than to services hosted outside of China. The special edition also removed some applications that the Chinese government classified as unnecessary, such as games like Solitaire. Microsoft said the custom system also has a special help feature jointly developed with China Electronics Technology Group Corporation, which is a state-owned high-tech company that develops technology serving both the military and civilian markets. Some international experts expressed their concern that the local storage of information can actually enable the Chinese government to inspect information collected with this version of Windows 10.

Source: China News, May 26, 2017

China Responded to the Notion of China Shouldering More Responsibility on the North Korea Issue

Well-known Chinese news site Sina recently reported that Hua Chunying, the spokesperson for the Chinese Ministry of Foreign Affairs, commented on the North Korea issue in response to a question indicating that most Western leaders believe that China bears special responsibilities on the matter. Hua acknowledged the existence of such a belief among Western leaders. However, she asked people to study more of the history behind the North Korea issue. She stated that it would be really easy to discover that, at the core of this issue, lies a significant lack of mutual trust between the North Korean side and the U.S. – South Korea side. Hua repeated the Chinese position (that the two sides should) find a balance via peaceful talks. She also called again for a stop on both sides of further stimulating a dangerous situation. Hua concluded that China has done all it could have done and now it’s up to “other related parties” to deliver on their responsibilities.

Source: Sina, June 2, 2017

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