China’s first Internet military game, “Mission of Honor,” co-developed by the Nanjing Military Region and Wuxi Network Science and Technology Corporation (WNSTC), was delivered to the Chinese army in June 2011. China Software Evaluation Center acclaimed the product as “China’s first large intranet military game developed as domestic intellectual property.” It was reported that the Chinese military authorized WNSTC to develop a commercial version of the game for civilian use. The new game is projected to hit the market by the end of 2012.
Chinese experts proposed the development of the civilian version of the game in order to help the younger generation of gamers inherit (the CCP’s) military tradition, promote patriotism, foster an interest in the military among adolescents, and enhance the concept of national defense.
According to a VOA report, “Mission of Honor" displays images of Chinese soldiers firing at an imaginary “enemy” with the obvious appearance of American soldiers and American military equipment, including an Apache helicopter.
Source: People’s Daily online, August 11, 2011
http://military.people.com.cn/GB/15386978.html
Xinhua republished an article originally from Huaxi Metropolitan Daily, a Sichuan based newspaper, that discussed turning the U.S. debt crisis into China’s opportunity. The article stated, “At present, it appears (China) will be subject to loss no matter what currency it has. In this situation, when the American dollar, the euro, the British pound, and the Japanese yen all are depreciating, the most important thing for China is to promote internationalization of the Chinese renminbi. To decrease China’s loss, the active administration of foreign currency reserves is no longer the best solution. Only by pushing the renminbi out may (China) find a better solution.”
“There is no doubt that the problem of the U.S. sovereign debt is a crisis, but it may also be transformed into an opportunity. The sub-prime loan crisis that happened on American soil has shaken the financial system that has the U.S. dollar as its core. The current downgrade of the credit rating of the U.S. debt has further loosened the dollar’s credit. With expected future depreciation, many international enterprises that export goods to the U.S. will inevitably turn to other alternative currencies for settlement. Investors are also gradually investing in other currencies for better gains. Due to the U.S. debt crisis, the Japanese debt crisis, and the soft euro, more and more countries have also expressed the desire to reform the international currency system and have the right to more freedom in choosing the international reserve currency. All these have provided opportunities and conditions for the internationalization of renminbi.”
Source: Xinhua, August 8, 2011
http://news.xinhuanet.com/comments/2011-08/08/c_121826284.htm
A Guangming Daily commentary article, titled “Why the U.S. Government Is Not Reliable,” harshly criticizes the American capitalist system. The article ascribes blame for the U.S. debt and credit crisis to the crisis of the American capitalist system and states that the “American train” has been on the wrong track for a long ago. It says, “It is time for the U.S. government, the parties, and politicians in Congress to wake up. You political elites representing one percent of American rich people should have the courage to take the blame for the system’s failure and do some deep self-reflection and self-examination."
The article concludes by saying, “To the people of the U.S., the American dream is a myth — a myth in which one percent of the rich people cheat all the ordinary civilians. To the people of the world, the American political system and currency system are also a myth — one in which the White House cheats the whole world. The American people and the people of the whole world have been kidnapped by the American dream and the American capitalist system. American capitalism has not only lost its stature, but also its moral ground.”
Source: Guangming Daily, August, 11, 2011
http://news.xinhuanet.com/comments/2011-08/11/c_121843514.htm
According to a commentary in Beijing Times, China should be on guard for four uncertainties in its economy. The first uncertainty is whether China can continue to rely on the investment model of the high speed rail. “Presently the Ministry of Railways is under tremendous pressure due to high debts and low passenger usage. In the event that (this type of) investment is significantly scaled back and this engine is lost, can China maintain a high growth economy?” The second uncertainty comes from mid-size to small businesses which are the life blood of China’s economy. The third uncertainty is whether inflation control is effective. It is anticipated that the inflation rate will be as high as 6.7% for July. The fourth uncertainty is the large reduction in the GDP growth rates for Beijing, Shanghai, Guangzhou and other cities, which may be a sign of a slowdown of China’s GDP.
Source: BeijingTimes, August 9, 2011
http://news.jinghua.cn/348/c/201108/09/n3428025.shtml
Li Anji, an official with the China Soong Ching Ling Foundation, wrote in Study Times that understanding Mao Zedong’s ideology on forming alliances is critical to building a harmonious society. Li addressed the issue from three perspectives: the pragmatism, the long-term vision, and the tactics of Mao’s ideology in forming alliances with non-Communist Party organizations. “Currently, the most important historical task placed in front of the Communist Party’s Central Committee and the people is to build a harmonious socialist society. To that end, the following has important theoretical and practical revelations: to sum up and learn from the rich and harmonious concepts in Mao’s united front ideology will assist us in spotting the main issue in contemporary China, coordinating the ever-widening disparity of interests of different groups, solidifying the domestic united front, building a harmonious society, creating a harmonious domestic environment for economic and social development, establishing a broad international united front, strengthening international exchange and cooperation, and creating a peaceful international environment for the rise of China.“
Source: Study Times, August 8, 2011
http://www.studytimes.com.cn:9999/epaper/xxsb/html/2011/08/08/08/08_16.htm
Money Weekly published a piece stating that China must increase domestic demand by reducing taxes and fostering competition. He Wannan, a financial analyst on publicly traded companies, wrote an article titled, “Why does China feel the pain whenever the United States hurts?” The article states that, as the largest holder of U.S. debt, each of the 1.3 billion people in China has loaned $900 to the United States, the wealthiest country in the world. China has $US3 trillion in foreign exchange reserves in U.S. dollars and has nowhere to invest it. A small move would cause a market slide. “Why does China feel the pain whenever the United States hurts? Fundamentally, it is because in China’s rise, it has followed the path of an export oriented economy, with over one-third of GDP generated by demand from outside of China. … In a word, China must focus on domestic demand. Two critical factors are involved in reaching the goal: one is to reduce taxes and the other is to oppose (state) monopolies and foster competition."
Source: Money Weekly reprinted at jrj.com August 9, 2011
http://finance.jrj.com.cn/people/2011/08/09160610687375.shtml
On August 5, 2011, the International Herald Leader, a newspaper under Xinhua, published an article titled “The Aircraft Carrier Is Not an Exhibit.” China’s first aircraft carrier, the former “Varyag” of Ukraine, is now being rebuilt and refurbished. According to the article, China’s dream is not about an aircraft carrier, but about the oceans. Having an aircraft carrier gives China the option of restoring its marine rights, expanding its maritime interests, and fulfilling the dream of its revival as an oceanic power. The article states,“It is impossible to have an aircraft carrier, a weapon, merely for display and show, but not target anyone.” “An aircraft carrier is a military ship by its very nature. Without the courage and will to use the ship to resolve a dispute, the ship cannot threaten anybody but the builder of the ship, as it consumes a lot of public money.”
The article concludes, “If all the countries that the aircraft carrier targets believe that China’s aircraft carrier is only for visiting or worshiping, it is not good news for world peace. We should not let them think so.”
Source: International Herald Leader, August 10, 2011
http://news.xinhuanet.com/herald/2011-08/05/c_131029061.htm