Source: Hurun Report, April 12, 2011
http://www.hurun.net
Study Times on U.S. Policy in the Middle East
An article in Study Times, a Central Party School’s voice, points to the quagmire in the U.S.-Middle East relationship. “The U.S. strategy in the Middle East has a big loophole: a double standard toward the Arab countries and Israel, which will ultimately have serious consequences. U.S. Middle East strategy is critically reliant on its allies, who are exactly the regimes involved in the recent waves of protest. After the regime changes, a number of those in the U.S.’s Middle Eastern alliance have expressed dissatisfaction about the U.S. abandoning Mubarak.” “But now more and more voices in the U.S. believe that the U.S. is paying a ‘security cost’ for this alliance, because it created a strong anti-American sentiment, and thus created its own enemies.” “Arab leaders have come to understand that in times of crisis, they cannot save themselves by having good relations with the U.S. and peace agreements with Israel. The change has become more favorable to Iran’s strategic position in the region.” “There are indications that whoever has a close relationship with the U.S. will have a volatile political situation. After Mubarak stepped down, Egypt allowed Iranian naval vessels into the Mediterranean via the Suez Canal, as a signal that it was distancing itself from the U.S. and Israel.”
Source: Study Times, April 11, 2011
http://www.studytimes.com.cn:9999/epaper/xxsb/html/2011/04/11/02/02_33.htm
China’s Annual U.S. Human Rights Record
Source: Xinhua, April 10, 2011
http://news.xinhuanet.com/2011-04/10/c_121287373.htm
China Sends College Graduates to Work in Villages
Source: VOA, April 9, 2011
http://www.voanews.com/chinese/news/20110409-College-Students-Work-at-Grassroots-119530704.html
Banks’ Hidden Practice of High Quarter-end Rates to Lure Deposits
Source: Beijing Morning Post, April 11, 2011
http://www.morningpost.com.cn/xwzx/jjxw/2011-04-11/179314.shtml
Leadership Reshuffle in State Oil Giants
China recently appointed the top leaders of the state Sinopec Group and China National Offshore Oil Corp (CNOOC). Su Shulin, Party Secretary and General Manager of Sinopec, was appointed Deputy Chief of the Party Committee in Fujian Province. Fu Chengyu, Party Secretary and General Manager of CNOOC, was appointed Party Secretary and Chairman of Sinopec. Wang Yilin, Deputy Manager of China National Petroleum Corporation (CNPC), was appointed Party Secretary and Chairman of CNOOC. China is also using this opportunity to set up a board of directors at the two state oil giants, although their subsidiaries listed in domestic and overseas stock markets already have boards. Sometime later, a board will also be created for CNPC.
Source: Beijing News, April 12, 2011
http://epaper.bjnews.com.cn/html/2011-04/12/content_219795.htm?div=-1
VOA: Aircraft Carrier Varyag Sets a Milestone for the Chinese Military
Voice of America (VOA) recently reported that China’s first aircraft carrier is approaching the stage of final delivery. The report saw this as a major milestone in China’s effort to modernize its military –despite the fact that the aircraft carrier is just a refit of the long-retired Ukrainian aircraft carrier “Varyag.” It is widely believed that this new addition to China’s Navy will be used mainly for training purposes and as a reference for future aircraft carrier designs. The real-world battlefield capabilities are far behind the ship’s counterparts in today’s U.S. Navy. The VOA report also mentioned the worries expressed in the media on the part of China’s neighboring countries, such as Taiwan and South Korea.
Source: Voice of America, April 9, 2011
http://www.voanews.com/chinese/news/20110409-China-First-Aircraft-Carrier-119529679.html
People’s Daily on Internet Culture
Qiushi Journal, a bi-weekly magazine published by the Central Committee of the Chinese Communist Party, recently republished an article from People’s Daily on the phenomenon of Internet culture. According to the author, theoretical studies on this culture are far behind the reality of its rapid development. The article focused on the fastest growing portion of the domestic Internet market – online gaming – saying that the growth of the gaming industry should be limited. The author dismissed the view that Internet culture represents only a “virtual” world. He suggested that the virtual world is obviously interacting with the real world and concluded that, to a certain degree, “managing the virtual society amounts to managing the real one.” The author also expressed the belief that Internet-based enterprises lack deep cultural resources and called for help from the traditional culture industry. The article ended with the observation that the Internet culture is merging into mainstream Chinese culture.
Source: Qiushi Journal, April 5, 2011
http://www.qstheory.cn/wh/sxdl/201104/t20110405_75256.htm