Chinascope – Page 1109

The Party Establishes its Leadership in China-Owned Enterprises and China-Foreign Joint-Ventures

Study Times, a newspaper owned by the press agency of the Party School under the Chinese Communist Party Central Committee, published an article on October 04, 2010, regarding the establishment of the Chinese Communist Party’s core leadership position in enterprises in China.

The article also talked about establishing the party’s position in China-Foreign joint ventures. Following the CCP’s constitution, China’s “Company Law” and “State-Owned Assets Law" allow the Party’s work to run smoothly and effectively in China-Foreign joint ventures.

The article reminds the reader, “Always adhere to the unwavering principle of the Chinese Communist Party’s control over managers, administrators and people.”

Source: Study Times, October 04, 2010
http://www.studytimes.com.cn:9999/epaper/xxsb/html/2010/10/04/08/08_38.htm

Briefings | | October 11, 2010 | Government/Politics

From 2002 to 2009, over 260,000 Chinese Obtained U.S. Citizenship

On October 6, 2010, China News Service (CNS) reported that, in the 8-year period from 2002 to 2009, more than 260,000 Chinese people over the age of 18 obtained U.S. citizenship. The report was based on statistics from the U.S. Department of Homeland Security.

Since 2005, over 30,000 Chinese nationals have become U.S. citizens each year. In 2008, the figure surpassed 40,000; in 2009, it was over 37,000. The average waiting period for a Chinese to get citizenship, from the time the green card is issued, is 7 years.

Source: China News Service (CNS), October 06, 2010
http://www.chinanews.com.cn/hr/2010/10-06/2569916.shtml

Briefings | | October 11, 2010 | US-China Relations

Xinhua: The Strategy to Achieve Hegemony of the U.S. Dollar: Depreciation, Then Appreciation

Xinhua republished a commentary article from China Securities Journal on U.S. currency policy. The article said that after the European debt crisis surfaced, the E.U. and the U.S. began to diverge in their currency policies. The United States insists on having the original loose policy, whereas the E.U. has started to implement a financial tightening policy in order to reduce the deficit. The article concluded that an important avenue that the U.S. uses to get out of a crisis and repair an economic imbalance is to depreciate its currency and produce inflation. … The above is most likely the U.S.’s mid to short term goal. From the perspective of the mid to long term goal, as soon as the short term goal is reached, the U.S. will most likely appreciate the U.S. dollar by suppressing the euro, thus reestablishing the hegemonic position of the U.S. dollar.

Source: Xinhua, September 29, 2010
http://big5.xinhuanet.com/gate/big5/news.xinhuanet.com/comments/2010-09/29/c_12619061.htm

Briefings | | October 8, 2010 | Economy/Resources

Beijing Scholar: Asia-Europe Cooperation Should Exclude the United States

On October 2, while Chinese Premier Wen Jiabao was attending the Eighth Asia-Europe Summit in Brussels, Yin Jiwu, an associate professor at the International Relations Institute of Beijing Foreign Language University, wrote an article that was published in Global Times, a newspaper under Xinhua, titled “Asia-Europe Cooperation Should Exclude the United States.”

Yin believed that issues that concerned the Summit provided a clue as to which direction the world would move in the post-U.S. era. Yin said that the current development issues mostly involve how to have sustainable development and how to advance together economically, with human happiness and dignity. In this respect, he continued, the U.S Model of liberal capitalism is already out of date. This is also where Asia and Europe can exclude the United States in their cooperation.

Source: Xinhua, October 2, 2010
http://news.xinhuanet.com/world/2010-10/02/c_12625867.htm

Briefings | | October 8, 2010 | Geo-Strategic Trend

Beijing Scholar On an Era of Confrontation between China and the U.S.

China Review News published an article quoting comments by Yu Wanli, an associate professor from the International Relations Institute of Beijing University, on the recent friction between China and the U.S. Yu said, “Starting this year, a trend toward intensified China-U.S. friction has become quite evident.

Yu suggested that, in the future, China-U.S. relations would enter a period of deep level adaptation for several reasons. First, as China’s rise becomes more apparent, the U.S. will need to prepare for the uncertainties resulting from China’s rise. Second, as the distance between China’s and U.S. strength narrows, a different level of communication and cooperation between the countries will be required. In the past, China implemented the diplomatic policy of “hiding one’s ability to buy time.” Chinese and U.S. cooperation has remained mostly at a superficial level, even when on the surface or just in formalities, especially on military issues. "As China becomes stronger, how China should cope with the U.S., or even the neighboring countries … will require us to have some deeper thought."

Source: China Review News. October 1, 2010 http://www.chinareviewnews.com/doc/1014/6/1/7/101461775.html?coluid=93&kindid=3910&docid=101461775

Briefings | | October 8, 2010 | US-China Relations

Zhou Yongkang: Keep a Clear Mind on Opinions that Attack Our Legal System

[Editor’s Note: Zhou Yongkang is a member of the Politburo standing committee and head of CCP’s Committee on Political and Legislative Affairs. The following is a translation of excerpts from his speech as published in the Legal Daily newspaper. In this speech, Zhou mentioned that “From time to time, some people, influenced by the wrong Western political and legal views, have published opinions not complying with the Marxist legal theory, and even slandered and attacked our rule of law and legal system. Comrades on the front line of political, legal, and propaganda affairs ought to keep a clear mind and should not lose their political direction.” He also mentioned that “all levels of political, judiciary, and news media authorities ought to adhere to the principle that the party controls the propaganda. Conscientiously strengthen the Party’s leadership on political, legal, and propaganda work; incorporate political propaganda into the overall management of political and legal work, and into the process of handling cases and incidents.” [1]

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Reports | | October 7, 2010 | Report

China’s Largest Law Firm Comes to Wall Street

On October 5, China’s Dacheng Law Office opened a branch in New York, becoming the first Chinese law firm to set foot on Wall Street. According to Chinese News Service, Dacheng is China’s, as well as Asia’s, largest law firm. It employs 1,600 attorneys in China and has offices in Hong Kong, Taiwan, Singapore, and France.

Dacheng’s New York office will conduct business related to the U.S. in the areas of mergers and acquisitions, raising private equity, IPOs, stocks and bonds, and performing asset management. It will also be involved in lawsuits concerning intellectual property rights and international trade.

Source: China News Service, October 6, 2010
http://www.chinanews.com.cn/gn/2010/10-06/2570000.shtml

Briefings | | October 7, 2010 | US-China Relations

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.