Geo-Strategic Trend - 255. page

China has major strategic interests in the Arctic region and should secure the Arctic’s resources, said Outlook Weekly. “The Arctic has an important impact on temperature and precipitation in China.” “Use of the Arctic waterways for Chinese fleets would shorten the voyage by 40% compared to the current routes through the Suez Canal and the Panama Canal that are plagued with security risks, high cost and schedule delays.” “China should invest in the development of or otherwise secure the Arctic’s resources.”

Source: Outlook Weekly, Issue 27, 2009
http://lw.xinhuanet.com/htm/content_4882.htm

Global Times reported that China National Petroleum Corp and BP jointly won the bidding for the al-Rumeila oil field contract in Iraq. “Despite earning only two U.S. dollars a barrel and facing various risks, China’s oil companies need to get a firm foothold in Iraq as soon as possible and increase their market share of oil and gas exploitation. Income and profit margin are secondary factors.”

Source: Global Times, July 2, 2009
http://finance.huanqiu.com/roll/2009-07/503661.html

Study Times published an article entitled “How to See the BRICs Leaders’ First Official Summit” regarding the BRICs first official summit in Yekaterinburg, Russia on July 16. The article stated that the "Four (BRICs) countries’ economic development models were unique. There was tremendous potential in the economic and trade cooperation (between them)." The article stated that the “BRICs” summit among China, India, Pakistan and Russia was a practical action for the four countries to seek a breakthrough in the direction according to the current international market pattern. The four countries’ cooperation would help the whole world get rid of the international market, which was controlled firmly by the United states and other Western developed countries and get out of the “US Dollar Hegemony Era,” whose representative was the United States. 

Outlook published an article stating that China should seek to highly unify its strategies of defending the national interest while maintaining area stability when dealing with its neighboring countries.

It listed China’s strategic security environment and development opportunities as: China is adjacent to many counties, some of which are large countries and many of which have nuclear weapons; in the ocean, China is surrounded by several countries along the first island chain and the second island chain; neighboring countries and regions are concerned about China’s rise; and western countries set up international rules on ocean rights that do not favor the developing countries.

“Equally important, the first twenty years of the 21st century is the strategic opportunity era for China. That means that China needs to seek at least twenty years of having a peaceful environment to develop and strengthen itself, to establish its competitive advantage in the areas of the economy, politics, culture, diplomacy, and the military. Then China can better defend its own interests.”

Source: Outlook, June 22, 2009
http://news.sohu.com/20090622/n264682762.shtml

The International Herald, a newspaper under the Xinhua News Agency, published an article on June 22 stating that U.S. didn’t have much hope for a “Green Revolution” in Iran in the first place. “Was the U.S. tired of the games of changing ‘colors’ for other countries? Of course not. The U.S. has other reasons for not starting a ‘Green Revolution’ in Iran.”

First, “Washington has been fully retreating from the Middle East.” “Under the strategy of avoiding conflict and seeking peace, the U.S. would not rashly test the waters in Iran.” “Second, even if Obama wanted to change the color in Iran, he couldn’t make it happen” because “U.S. has no agents in Iran” and “of course, the empty wallet is another reason.” “Third, there is no reason for the U.S. to have confidence in Mousavi and his ‘reformists.’” “The last reason is a conspiracy theory. Actually the U.S. needs Ahmadinejad more than Mousavi … because the U.S. needs an enemy in the Middle East. Where can it find a ‘better’ enemy than Ahmadinejad?”

Source: International Herald, June 22, 2009
http://news.xinhuanet.com/herald/2009-06/22/content_11580320.htm

Outlook Weekly, in the 23rd issue of 2009, published an article by Zhu Kechuan, a researcher in Xinhua Research Center for World Affairs, regarding the current situation of the Korean Peninsula. It criticized the U.S., Japan, and South Korea’s approach to North Korea. Zhu argued that right now, the U.S. is falling into the mire of financial crisis and is also facing the hard-to-clean mess of Iraq and Afghanistan. "The U.S. government should think about that; it is not an easy thing to use hegemonism to ‘fix’ another country no matter how big or small and how rich or poor that country is." Zhu also stated, "Japan should also be clear: You can’t cheat the world to wash off the historical responsibility for Korea or take this opportunity to break through the constraint of ‘Peace Constitution’…South Korea should reflect too: What benefits do the government and people get from its changing the policy of national reconciliation since last year?"

Though China is always a strong backer of North Korea, the article also criticized North Korea: "What is the best way to achieve the dream of a ‘strong big country?’ Using ‘super-tough’ to respond to other countries’ ‘tough’ will get North Korea nowhere. Nuclear weapons can indeed scare people, but they still failed to prevent the collapse of the Soviet Union."

Source: Outlook Weekly, 23 rd issue of 2009
http://lw.xinhuanet.com/htm/content_4768.htm

The International Herald Leader under Xinhua reported an Iranian government release that China National Petroleum Corp. (CNPC) and Iran had signed a $4.7 billion dollar contract on June 3 for the upstream development of phase 11 of the South Pars natural gas field. “The aim in implementing the project will be to produce 50 million cubic meters a day of natural gas and other products.” The implementation will begin in three months. Xinhua states that the agreement with CNPC was in response to the French oil company Total’s delays in finalizing negotiations. “Deputy Oil Minister for Production Affairs Seyfollah Jashnsaz expressed that the concluding the agreement fully demonstrates that the sanctions the West has imposed on the Iranian oil and gas industry has failed and has no effect.”

Source: Xinhua, June 8, 2009
http://news.xinhuanet.com/herald/2009-06/08/content_11506744.htm;
See also Islamic Republic News Agency at
http://www.irna.ir/En/View/FullStory/?NewsId=527336&IdLanguage=3

On June 1, 2009 the Study Times wrote that China should push Reminbi regionalization starting from border trade settlements and direct investment in neighboring countries. Study Times is the journal of the School of the CCPC. The article believes that this step is the key to Asian economy. In doing so, “China should leverage the existing bilateral currency settlement agreements with Korea, Hong Kong and Malaysia to further deepen and expand RMB cooperation in the region. Moreover, China should take advantage of financial markets in Hong Kong in engaging in RMB offshore business, thus making Hong Kong the hub for distribution of RMB to neighboring countries.”

Source: Study Times, June 1, 2009
http://www.studytimes.com.cn/WebPage/ny1.aspx?act=1&id=2685&nid=9756&bid=4&page=1