Chinascope – Page 1108

Government Scholar on Nansha Islands: Diplomatic Crisis Might Become a Reality

Cai Penghong, a research fellow at the Institute of Asia-Pacific Studies, Shanghai Academy of Social Sciences, wrote that, due to continuous U.S. military presence and intervention, and because the U.S. encourages Vietnam’s and the Philippine’s claims over the Nanshan Islands, U.S. ships may mistakenly or purposely enter the territorial waters of the Nansha Islands.

“The possibility of a Sino-US diplomatic crisis in the Nansha region might then become reality.”

"While the U.S. tries to control the ASEAN, ASEAN has its own way to effectively deal with the situation," remarked Cai. “In this context, China should take the initiative, take a tougher stance to safeguard its territorial sovereignty, and speed up consultation with the respective countries to develop a ‘Nansha Code of Conduct.’"

He suggested that, at present, China is the only country that can bring about a resolution to deal with the risk of trouble around the Nansha Islands.”

Source: Huanqiu, October 12, 2010
http://mil.huanqiu.com/Exclusive/2010-10/1163533.html

Briefings | | October 14, 2010 | Geo-Strategic Trend

Why the Vietnamese Feel Pity for the Chinese People

[Editor’s Note: While China is trying to convince the world that a one party system is the only way, its former Communist ally in the south appears to think otherwise. In this widely circulated article on the Chinese Internet, blogger Yan Changhai reviews Vietnam’s recent political reforms and democratization. The author views Vietnam’s recent joint military exercise with the U.S. in the South China Sea as proof of its determination to become a U.S. ally. He praises Vietnam’s anti-graft policy, land reform, and human rights protection. He also predicts that Vietnams’ democratization will become the envy of the Chinese people. The following is a translation of an abridged version of the article.] [1]

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Reports | | October 13, 2010 | Report

China’s Central Bank Increased the Required Reserve Ratio

On October 11, 2010, China’s central bank, the People’s Bank of China, notified six banks that it will increase the required reserve ratio for them by 50 basis points. The six banks include the four major state-owned banks and 2 publicly traded banks, China Merchants Bank and China Minsheng Bank. “The market anticipates this action will only last for 2 months. The main purpose is to react to the high number of new loans that banks issued in September of this year.”

Governor Zhou Xiaochuan said that there hasn’t been enough evidence to show that the quantitative tools that the central bank adopts, including reserve ratio and open market operation to absorb liquidity, cannot meet the goal of controlling inflation.

Source: China Review News, October 12, 2010
http://gb.chinareviewnews.com/doc/1014/7/1/6/101471619.html?coluid=10&kindid=253&docid=101471619&mdate=1011170343

[Ed: China Review News is a Hong Kong based Chinese government news agency with a focus on international affairs.]

Briefings | | October 13, 2010 | Economy/Resources

Zhou Yongkang Visited North Korea

Zhou Yongkang, a senior Communist official and one of the nine-member standing committee of the Politburo, led a Chinese delegation to attend North Korea’s 65th anniversary celebration of the ruling Workers’ Party of Korea. During his 3-day visit from October 9 to 11, Zhou met with Kim Jong-Il four times. Zhou also “had extensive contacts with the newly elected Workers’ Party leadership.” Zhou also watched a military parade and the evening celebration performance. Kim Jong-Il said that he and the central group leadership would like to visit China often.

[Ed: The newly elected leadership may refer to Kim Jong-Un, Kim Jong-Il’s selected heir].

Source: Xinhua, October 11, 2010
http://news.xinhuanet.com/2010-10/11/c_12648095.htm

Briefings | | October 13, 2010 | Geo-Strategic Trend

People’s Daily: Sino-Turkey Joint Military Training

The People’s Daily website published an article consisting of reports from the U.K., U.S., Russia, and Turkey on the military exchange that China held with Turkey from September 20 to October 4. It stated that “this military exchange is a ‘joint training’ but not a ‘joint exercise.’” China flew its Su-27 planes over Pakistan and Iran to land at Turkey’s air force base, a journey of over 4,000 miles, without aerial refueling.

Source: People’s Daily website, October 10, 2010
http://military.people.com.cn/GB/42969/58519/12910945.html

Briefings | | October 13, 2010 | Geo-Strategic Trend

Deputy Minister of Water Resources: Serious Water Shortage in the North

Hu Siyi, the Deputy Minister of Water Resources, recently announced that the situation regarding the lack of water in northern China is getting worse due to the double pressures of global climate change and large-scale economic development. For example, the Haihe River Basin surface water level dropped 41% during the past two to three decades. The urbanization of China is speeding up rapidly. Meanwhile, the acceleration of industrialization is resulting in a rapid increase in water usage. During the past four years, just the energy and heavy chemical industries alone consumed 10 billion cubic meters more water. Hu believes that water conservation faces unprecedented challenges.

Sources: Xinhua, October 7, 2010
http://news.xinhuanet.com/politics/2010-10/07/c_12633704.htm

Briefings | | October 12, 2010 | Economy/Resources

Xinhua: Mission 2010 Exercise Authorized

Based on the Annual Plan of Joint Exercises, the Central Military Commission authorized the Mission 2010 cross-regional group army mobility exercise, which started on October 10, 2010. The exercise was a response to Hu Jintao’s call for “Innovative Development in Military Exercises.” The basic goal of this exercise was to improve information system based combat capabilities. The exercise covered the Beijing, Lanzhou, and Chengdu Military Regions and the Air Forces as well as the Army Air Corps. The total number of troops involved was more than 30,000, and the total mobility distance covered was over 10,000 kilometers. In addition, civilian passenger and cargo airplanes were coordinated to participate in this exercise.

Source: Xinhua, October 9, 2010
http://news.xinhuanet.com/2010-10/09/c_13549165.htm

Briefings | | October 12, 2010 | Defense/Military

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

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

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

The CCP’s Performing Arts Troupes in the U.S.