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China Review News: The U.S. “Currency War” Is an Economic Encroachment Strategy to Suppress China

On April 19, 2011, China Review News published an article accusing the United States of launching a “currency war” against China by arranging the substantial depreciation of the U.S. dollar. According to the article, the U.S. "currency war" is an economic encroachment strategy to suppress China, replacing its former political and military strategy. “Its goal is to crush China’s newly emerging economic development system, restrict China’s development, and suppress the Chinese people.” The author suggests that the Chinese government respond accordingly and even fight back.

Source: China Review News, April 19, 2011
http://gb.chinareviewnews.com/doc/1016/6/4/6/101664643.html?coluid=148&kindid=0&docid=101664643&mdate=0419003314

Xinhua: Several Countries Criticize the U.S. for Issuing Human Rights Report

Xinhua recently reported that the Brazilian, Cambodian, Algerian, Sudanese, and Vietnamese governments, as well as human rights activists, criticized the United State for issuing its Human Rights Report. They suggested that the U.S. is interfering with other countries’ internal affairs to achieve its political goals – under the rosy human rights name. These countries also accused the U.S. of having its own poor human rights record and blamed the U.S. for the exaggerations in the report.

Source: Xinhua, April 10, 2011
http://news.xinhuanet.com/2011-04/10/c_121287421.htm

Xinhua: Xichang Satellite Launch Center Now Capable of High Intensity Tasks

On April 10, 2011, Xinhua reported  that the Xichang Satellite Launch Center located in Sichuan Province sent its eighth navigation satellite into outer space for the Chinese global positioning system. The Launch Center has conducted 10 launch missions so far this year, and demonstrated the capability of accomplishing “high intensity tasks.” The Center recently finished the reconstruction of an infrastructure completely centered on IP-based technologies (IP: Internet Protocol). The Center’s local network now supports a 100 mbps data transfer rate, and it has established a central-command-focused integrated information platform.

Source: Xinhua, April 10, 2011
http://news.xinhuanet.com/2011-04/10/c_121286862.htm

Study Times: Strategic Thinking on RMB Internationalization

Study Times, a newspaper of the CCP Central Party School, recently published an article on the importance of the internationalization of Chinese currency (the RMB). The article indicated that China is the only one of the world’s large economies that exclusively uses foreign currencies for international trade settlements. it is mainly China’s surrounding countries that use the RMB. The author expressed the belief that RMB internationalization has a certain level of urgency and that the ultimate goal is to make the RMB a reserve currency. Five action items were suggested: (1) Speed up the “Go Out” strategy and enlarge the scale of China’s investments in foreign countries; (2) Sign more currency exchange agreements; (3) Encourage more international trade settlements in RMB; (4) Issue RMB based bonds; (5) Improve the use of international finance centers such as Hong Kong.

Source: Study Times, April 11, 2011
http://www.studytimes.com.cn:9999/epaper/xxsb/html/2011/04/11/04/04_47.htm

First Military Biochip Research Center Established

On April 13, 2011, the very first military biochip research center was established at the No. 211 PLA Military Hospital. Accordingly to Jia Danbin, director of the hospital, the National Development and Reform Commission through the National Engineering Research Center for Beijing Biochip Technology (NERCBBT) approved the center. It will provide patients with tests on hereditary hearing loss, anti-depressants, glyco-chains of immunoglobulin and autoimmunity, and the hepatitis B virus. It will also provide individualized molecular targeted cancer therapy plans and other research functions.

Source: Xinhua, April 13, 2011
http://news.xinhuanet.com/2011-04/13/c_13827451.htm

Beijing’s Communist Youth League Cancelled Debate Due to its Sensitivity

The Beijing Communist Party Youth League recently cancelled a debate forum that was to be given in memory of the 100th anniversary of the “1911 Revolution,” even though students from 16 universities in Beijing and Tianjin were expected to participate. Experts suggest that the cancellation was due to the sensitivity of the topic because it touched the subject of “revolution” and also used the words “college students” and “rally.” Communist Party officials have always considered these to be unstable factors.

Hu Xingdou, a professor of economics at the Beijing Institute of Technology, said he was surprised by the cancellation of the debate but could understand the reason. “The memory of the 1911 Revolution could indeed awaken people’s awareness of revolution. College students have historically been the driving force behind China’s revolutions, including the ‘June 4th’ student movement. The government is on a high alert for them, just as it is for the Jasmine Revolution."

According to Wikipedia, the “1911 Revolution” (or Xinhai Revolution) began on October 10, 1911, with the Wuchang uprising, and ended on February 12, 1912, with the abdication of Emperor Puyi. It resulted in the fall of the Qing Dynasty and marked Sun Yat-sen as the Founding Father of the Republic of China .

Sources:
Radio Free Asia, April 13, 2011
http://www.rfa.org/mandarin/yataibaodao/tew-04132011111818.htm                                                        
Wikipedia, "The Xinhai Revolution"
http://en.wikipedia.org/wiki/1911_revolution

Xinhua Cites Criticisms on US Annual Human Rights Report

On April 13, 2011, Xinhua published an article reporting criticism from government officials or scholars in Russia, Venezuela, and the Ukraine, rebutting the recently released State Department’s “2010 Country Reports on Human Rights Practices.” The article pointed out, “Such criticism suggests that the U.S. has no right to interfere in other countries’ domestic affairs.” 

The sources it quoted include an official statement from the Ministry of Foreign Affairs in Russia; remarks from Ana Elisa Osorio Granado, Vice Chairman of the Latin American Parliament; and comments from Mikhail Levski, a scholar from the Ukrainian Center for Independent Political Research.

Source: Xinhua, April 13, 2011
http://news.xinhuanet.com/2011-04/13/c_121298898.htm

Central Government Takes Special Action to Rectify Illegal Online Promotion

Starting in mid April, the central government is launching a two-month campaign to crack down on “illegal online promotion.” It is a joint effort by the Chinese Communist Party’s International Communication Office, the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Administration for Industry & Commerce. The Xinhua article says “In recent years, some companies and individuals have employed illegal means to carry out online promotion activities. The government has been able to identify a number of those who are conducting illegal online promotion. … They have used improper means against competitors, fabricated facts for the purpose of extorting money, sensationalized online news to profit from the attracted public opinion, and engaged in private transactions for illegal personal interests.” The campaign aims to “regulate online communication and promotion activities.”

Source: Xinhua, April 13, 2011
http://news.xinhuanet.com/politics/2011-04/13/c_121300026.htm