Qiushi recently published a commentary in which it called for having a clear understanding of how the West uses its cultural exports to change the countries it targets.
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On Ukraine: China Should Lean Towards Russia
China.com.cn, a key State news website under China’s State Council Information Office and the National Internet Information Office, published a commentary stating that as the crisis in Ukraine unfolds, China should gradually lean towards Russian.
Study Times: State-owned Enterprises to Change Their Political Advantage to a Competitive Advantage
Study Times published a commentary on how State-owned enterprises (SOEs) can more effectively change their political advantage into a competitive advantage.
Financial Trouble Looming as Demand for Coal Continues to Decline
According to Securities Daily, as a result of China’s economic downturn and the severe drop in the demand for coal, coal prices have continued to fall. This factor, along with an increase in coal imports, has resulted in a decline in the price of domestic coal and a serious excessive capacity. In Erdos, Inner Mongolia which is highly dependent on the development of coal resources, the daily sales of coal from some coal mines is less than one-tenth of the normal amount of sales. The slump in the coal industry is seriously affecting the revenue from real estate and hotels, as well as tax revenue. The tax revenue from one coal district declined from 200 million yuan per month to 20 million per month.
Sporting Goods Store Closures Continue with High Inventories
During the economic downturn in China, stores for sporting goods with brand names faced their second round of closures in two years. In 2013, six well-known brand name sporting goods closed over 3,000 of their stores; inventories reached 3.1 billion yuan in 2013.
Qiushi: China’s Socialism and Its Global significance
Qiushi published an article on the rise of China and its significance for the world. The article stated that China has promised that it will never seek hegemony or compete with the West for the “center.” In the 20th century, the West failed to dominate the world with the Western model. The West cannot do it in the 21st century either. China has proven this point with its own development. "The success of China’s way is the success of socialism. … The rise of China shows that world socialism has a strong vitality and there is hope for its revival. … Therefore, we are engaged in socialism rather than anything else. This should be very clear. We should be righteous and cannot avoid this point. … As long as a socialist China exists, there is hope that world socialism will revive.”
People’s Daily: Street Politics is not Democracy
People’s Daily published a commentary on “street politics” or “color revolutions,” citing interviews with three Chinese scholars of international political science.
Beijing Business Today: What is the Biggest Problem for the Chinese Economy?
Beijing Business Today published an interview of Professor Huang Guoxiong of China People’s University on the Chinese economy. In Huang’s opinion, “The high growth rate with low efficiency is the biggest problem currently facing the Chinese economy. The development of the services industry is the key to expanding domestic demand.”