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Xinhua Commentary Series: Spotlight on the U.S. Presidential Election

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Wu Guoguang: Xi Jinping’s Reversal of the Course, Will China’s Transition be Peaceful or Marked with Bloodshed?

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Cheng Xiaonong: U.S.-China Strategic Relations Have Crystallized

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Xinhua Commentaries: “Exposing the Three Major Political Deficits of the U.S.”

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Qiushi: Enhance Leadership Building in Central State-Owned Enterprises

Qiushi Journal, a bi-weekly magazine published by the Central Committee of the Chinese Communist Party, recently published an article discussing plans on how to enhance the leadership building effort in Central State-Owned Enterprises. These are national level companies whose management control is directly authorized by the State Council. The article made suggestions: (1) Use strategic planning to ensure smooth paths in upgrading careers; (2) Establish an innovative system to maximize the use of talent; (3) Create an honor and recognition mechanism in a structured manner; (4) Perfect personnel training to provide a sustainable supply of talent; (5) Build a comprehensive benefits and support system to attract and to keep talent.

Source: Qiushi Journal, January 1, 2011
http://www.qsjournal.com.cn/zxdk/2011/201101/201012/t20101228_60718.htm

Briefings | | |   Government/Politics

Entering a Critical Peak Time for South-to-North Water Transfer Project

On December 21, 2010, People’s Daily reported that, according to the State Council, the portion of the South-to-North Water Transfer Project that was completed by the end of November 2010 came to around RMB 74 billion, which is 45% of the total amount allocated by the investment plan. The project is now entering a critical peak time period for construction work and residents’ migration work. The current speed at which the project is moving has demonstrated a possibility of early completion. Part of the work going on today is going to determine whether water will be delivered to the North on time or not. The completed portion of the project is already producing value to some areas of China, mainly Beijing.

Source: People’s Daily, January 1, 2011
http://finance.people.com.cn/GB/13635942.html

Briefings | | |   Economy/Resources

Chinese American Organizations Assigned to Welcome Hu Jintao in Washington DC

According to Xinhua on April 13, 2010, overseas Chinese embassies and consulates will no longer organize local overseas Chinese to welcome Hu Jintao and other CCP Central Committee leaders. Recently, however, a notice circulated in the internal email system of Mainland Chinese organizations in the greater Washington, D.C. area about organizing overseas Chinese to welcome Hu Jintao to Washington on January 19, 2011.

The organizations required to participate include The Union of Chinese American Professional Organizations (UCAPO), The Greater Washington, D.C. Area Alumni Association of Chinese institutions, The Coordination Council of Chinese-American Associations (CCCAA), The Greater Washington D.C. Area Fujian Chinese-American Association, The Greater Washington D.C. Area Guangdong Chinese-American Association, The Hope Chinese School, The Silver Light Senior Association in Virginia, and The International Yan Xin Qigong Association.

Source:
Xinhua, April, 13, 2010
http://news.xinhuanet.com/politics/2010-04/13/c_1229229.htm
Chinascope Internal Source, January of 2011

Briefings | | |   Grapevine

Xinhua: Devalue the RMB or Control the Pace of RMB Appreciation?

On January 3, 2100, the International Herald Leader, a newspaper under Xinhua News Agency, published an  article titled “The Currency War, Win the Two Battles inside and Outside (of China).” It included several interviews.

Tan Yaling, President of the China Foreign Exchange Investment Research Institute, told Xinhua reporters, “I would like to take the initiative to devalue the RMB, choosing a good time to take action, so as to remove any expectations for RMB appreciation. We cannot let the expectation for RMB appreciation kidnap public opinion in the market and (affect our) policy parameters.”

Guo Tian Yong, Professor of the Central University of Finance and Director of the China Banking Research Center, said, “Substantial appreciation of the Renminbi in the short term is the ‘dog in the manger.’” In his opinion, China should control the pace of RMB appreciation and “let the RMB appreciate modestly and gradually.”

Source: International Herald Leader, January 3, 2011
http://news.xinhuanet.com/herald/2011-01/03/c_13675030.htm

Briefings | | |   Economy/Resources

China’s Marine Affairs Expert: China Should Take Over the Islands Occupied by Neighbors

The International Herald Leader published an article containing interviews on how to deal with the U.S. return to Asia.

Yin Zhuo, Major General and Director of the Navy Information Expert Committee, said, “It will take the United States a fairly long period of time to return to Asia. Anti-terrorist wars still constrain U.S. power. … China needs to grasp this strategic opportunity firmly.”

Xu Ke, Marine Affairs Expert, Institute of International Relations, Xiamen University, said, “While the cooperation between the United States and the Association of Southeast Asian Nations (ASEAN) is still in its initial stage, China should use drastic measures in the South China Sea to take over the islands and reefs occupied by our neighboring small countries.” As for the East China Sea, China may have to wait until China’s naval forces are strong enough before taking any drastic measures.”

Source: International Herald Leader, January 3, 2011
http://news.xinhuanet.com/herald/2011-01/03/c_13675032.htm

Briefings | | |   Defense/Military

The Sources of Pressure on China’s Economy in 2011

Sun Lijian, Vice President of the School of Economy, Fudan University, published an article analyzing the (anticipated) economic pressures on China in 2011. The article says that “three big issues, both inside and outside” of China are of concern: The pressure from the instability of the international currency system, the pressure from the “virtualization” of industrial capital, and the pressure from the “imbalance” in income distribution.

Source: China Review News, January 7, 2011
http://gb.chinareviewnews.com/doc/1015/6/2/7/101562738.html?coluid=53&kindid=0&docid=101562738&mdate=0107082119

Briefings | | |   Economy/Resources

National Conference on Foreign Propaganda Work Held in Beijing

The national conference on foreign propaganda work (international communication work) was held in Beijing on January 4-5, 2011. Wang Chen, Director of the CCP Central Committee’s International Communications Office and the State Council Information Office, emphasized that (China) should face the world in a more open manner; it should also take advantage of the important strategic opportunity to promote the development of foreign propaganda work in order to improve the nation’s cultural soft power and create a favorable international media environment. It is expected that 2011 foreign propaganda work will coordinate both the domestic and international situation, more proactively disseminate China’s voice, emphatically enhance the development of China’s international communication capability, and improve the competitiveness and influence of Chinese culture.

Source: Xinhua, January 6, 2011
http://news.xinhuanet.com/2011-01/06/c_12952617.htm

Briefings | | |   Government/Politics

Qiushi: Summarizing the 2010 International Situation and China’s Diplomacy

On New Year’s Day, Qiushi published an article by the director of the China Institute of International Affairs that summarized the international situation in politics, the economy, and security in 2010. The article pointed out that one of the main features of the 2010 international situation was the significant progress in world multi-polarization. The U.S. obviously feels incompetent and has to adjust its strategy. The U.S. strengthened its involvement in the South China Sea, utilizing every possible opportunity to create divisions between China and the Southeast Asian countries. China is very active in diplomacy and has skillfully handled this complicated situation.

Source: Qiushi, January 1, 2011.
http://www.qsjournal.com.cn/zxdk/2011/201101/201012/t20101228_60716.htm

Briefings | | |   Geo-Strategic Trend