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Briefings - 1020. page

Beijing Scholar On an Era of Confrontation between China and the U.S.

China Review News published an article quoting comments by Yu Wanli, an associate professor from the International Relations Institute of Beijing University, on the recent friction between China and the U.S. Yu said, “Starting this year, a trend toward intensified China-U.S. friction has become quite evident.

Yu suggested that, in the future, China-U.S. relations would enter a period of deep level adaptation for several reasons. First, as China’s rise becomes more apparent, the U.S. will need to prepare for the uncertainties resulting from China’s rise. Second, as the distance between China’s and U.S. strength narrows, a different level of communication and cooperation between the countries will be required. In the past, China implemented the diplomatic policy of “hiding one’s ability to buy time.” Chinese and U.S. cooperation has remained mostly at a superficial level, even when on the surface or just in formalities, especially on military issues. "As China becomes stronger, how China should cope with the U.S., or even the neighboring countries … will require us to have some deeper thought."

Source: China Review News. October 1, 2010 http://www.chinareviewnews.com/doc/1014/6/1/7/101461775.html?coluid=93&kindid=3910&docid=101461775

Briefings | | |   US-China Relations

Beijing Scholar: Asia-Europe Cooperation Should Exclude the United States

On October 2, while Chinese Premier Wen Jiabao was attending the Eighth Asia-Europe Summit in Brussels, Yin Jiwu, an associate professor at the International Relations Institute of Beijing Foreign Language University, wrote an article that was published in Global Times, a newspaper under Xinhua, titled “Asia-Europe Cooperation Should Exclude the United States.” 

Yin believed that issues that concerned the Summit provided a clue as to which direction the world would move in the post-U.S. era. Yin said that the current development issues mostly involve how to have sustainable development and how to advance together economically, with human happiness and dignity. In this respect, he continued, the U.S Model of liberal capitalism is already out of date. This is also where Asia and Europe can exclude the United States in their cooperation.

Source: Xinhua, October 2, 2010
http://news.xinhuanet.com/world/2010-10/02/c_12625867.htm

Briefings | | |   Geo-Strategic Trend

Xinhua: The Strategy to Achieve Hegemony of the U.S. Dollar: Depreciation, Then Appreciation

Xinhua republished a commentary article from China Securities Journal on U.S. currency policy. The article said that after the European debt crisis surfaced, the E.U. and the U.S. began to diverge in their currency policies. The United States insists on having the original loose policy, whereas the E.U. has started to implement a financial tightening policy in order to reduce the deficit. The article concluded that an important avenue that the U.S. uses to get out of a crisis and repair an economic imbalance is to depreciate its currency and produce inflation. … The above is most likely the U.S.’s mid to short term goal. From the perspective of the mid to long term goal, as soon as the short term goal is reached, the U.S. will most likely appreciate the U.S. dollar by suppressing the euro, thus reestablishing the hegemonic position of the U.S. dollar.

Source: Xinhua, September 29, 2010
http://big5.xinhuanet.com/gate/big5/news.xinhuanet.com/comments/2010-09/29/c_12619061.htm

Briefings | | |   Economy/Resources

China’s Largest Law Firm Comes to Wall Street

On October 5, China’s Dacheng Law Office opened a branch in New York, becoming the first Chinese law firm to set foot on Wall Street. According to Chinese News Service, Dacheng is China’s, as well as Asia’s, largest law firm. It employs 1,600 attorneys in China and has offices in Hong Kong, Taiwan, Singapore, and France.

Dacheng’s New York office will conduct business related to the U.S. in the areas of mergers and acquisitions, raising private equity, IPOs, stocks and bonds, and performing asset management. It will also be involved in lawsuits concerning intellectual property rights and international trade.

Source: China News Service, October 6, 2010
http://www.chinanews.com.cn/gn/2010/10-06/2570000.shtml

Briefings | | |   US-China Relations

Chinese Official: It Is Unreasonable for Developing Countries to Limit Greenhouse Gas Emissions

Xie Zhenhua, Deputy Director of the National Development and Reform Commission (NDRC), argued that it is unreasonable to expect developing countries, such as China, which has only a few thousand dollars per capita in GDP, to set a limit on greenhouse gas emissions. Xie admitted that, in China, the total amount of greenhouse gas emissions is still increasing. 
 

Xie contended that “the reasonable growth of greenhouse gas emissions is inevitable” for a developing country. Xie criticized developed countries for not being more responsible. “The more and the earlier (the developed countries) provide capital and technology (to the developing countries), the sooner (the developing countries) will be able to comply with the greenhouse gas emissions cap.”

Source: Xinhua, October 6, 2010
http://news.xinhuanet.com/2010-10/06/c_12633398.htm

Briefings | | |   Government/Politics

PLA Daily: The Need for Innovation in Doing Political Work for the PLA

PLA Daily published an article on the need to continue to innovate when involved in political work for the PLA. It asserted that the newly revised “Regulation on Political Work for the PLA” requires innovation when it comes to the subject matter at hand, and to the methods, and mechanisms of political work. A major part of learning is how to use the Internet and apply new technology to political work. The public media should also be used to extend the reach and influence of political work. The article also discussed traditional methods.

Source: PLA Daily, September 27, 2010
http://www.chinamil.com.cn/jfjbmap/content/2010-09/27/content_39267.htm

Briefings | | |   Defense/Military

China to Launch Satellite Shi Jian-6

An official from the Taiyuan Satellite Launch Center stated on October 5 that the center will launch two satellites to explore the environment in outer space as part of the Shi Jian-6 Group 4 mission. “Currently, rockets and satellites are in good condition, and all the preparatory work is progressing smoothly.”

Source: Xinhua, October 5, 2010
http://news.xinhuanet.com/2010-10/05/c_12631595.htm

Briefings | | |   Defense/Military

Wen Jiabao: China-Europe Relationship Has Reached Unprecedented Breadth and Depth

October 3, 2010, Wen Jiabao spoke to the Greek Parliament during his visit to Greece. Wen stated that the China-Europe relationship has reached unprecedented breadth and depth. “China and Europe are in different stages of development and strongly complement each other economically. There is no fundamental conflict of interest. Both are pursuing multilateralism, and both stand for maintaining the diversity of world civilization. …”

Source: Xinhua, October 3, 2010
http://news.xinhuanet.com/2010-10/03/c_13541182.htm

Briefings | | |   Government/Politics