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China’s Reaction to Trump’s Election Win

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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: China’s Plan to Explore Mars Revealed

At the time of The Third China Space Technology Forum, the Chinese Academy of Space Technology (CAST) revealed China’s plan for exploring Mars. The plan is mainly based on the technologies used in the Chang-E Moon Satellite Platform. According to CAST experts, the Chinese plan reached a pretty high level compared to Mars exploration plans developed outside of China in recent years. Experts also indicated that the Chinese space activities targeting Mars will increase China’s power in the deep space technology race and shorten the distance from leading countries. This is considered the mission of the future Chinese space technology development.

Source: Xinhua, October 21, 2010
http://news.xinhuanet.com/2010-10/21/c_13569005.htm

Briefings | | |   Information/Technology

China Launches Official Online Mapping Service to Compete with Google Earth

On October 23, 2010, World Journal, a Taiwan based Chinese newspaper, reported that China is making a full out effort across China to provide a government-backed map service called “Map World” in order to compete with Google Earth. 

The Chinese mapping data was considered the confidential information of the military. "Map World" has a strong background. According to the State Bureau of Surveying and Mapping, the project is backed and supported by the Ministry of Land Resources, the Ministry of Public Security, the Ministry of State Security, the State Secrets Bureau, the PLA Secrets Office, the PLA’s General Staff Department, the Armed Police Headquarters, the Surveying and Mapping Bureau under the PLA’s General Staff Department, and other security and intelligence agencies.

Source: World Journal, October 23, 2010
http://www.worldjournal.com/view/full_hnews/10013300/article-%E4%B8%AD%E5%9C%8B%E6%8E%A8%E5%A4%A9%E5%9C%B0%E5%9C%96-%E5%90%91%E8%B0%B7%E6%AD%8C%E5%9C%B0%E7%90%83%E5%AE%A3%E6%88%B0?instance=noon

Briefings | | |   Information/Technology

China: The Truth behind the United States’ Coercive Purchase of China’s Rare Earth Minerals

On October 23, 2010, Chinese Business View (www.hsw.cn), one of China’s official websites, published an analytical article titled, “The Truth behind the United States’ Coercive Purchase of Chinese Rare Earth Minerals.” 

The article claims that the reason that US-led Western countries are pressuring China to rescind rare earth export restrictions is to store rare earth. Once China’s rare earth supply is depleted, they will have enough rare earth to confront China.

Source: Chinese Business View, October 23, 2010
http://hsb.hsw.cn/2010-10/23/content_7912280.htm

Briefings | | |   Economy/Resources

Head of CCP’s Propaganda Department Met with 30 Media Heads from Developing Countries

According to Xinhua on October 14, 2010, Liu Yunshan, a member of the Politburo, member of the Secretariat of the CCP Central Committee, and the head of the Propaganda Department of the CCP Central Committee, held a meeting with more than 30 mainstream media heads from 17 developing countries. They were participating in a ministry-level seminar in China.

As a representative of the seminar class, Kerim, WAZ media group board member and CEO of Macedonia Media Publishing Group, praised China’s progress and positive role in the international community.

Source: Xinhua, October 14, 2010
http://news.xinhuanet.com/2010-10/14/c_12660648.htm

Briefings | | |   Geo-Strategic Trend

Huanqiu Editorial: Do Not Misinterpret China’s Political Reform

[Editor’s Note: The following editorial states that China’s political reform has been on-going for 30 years. It criticizes the Western countries for pushing China to overhaul its political institutions, and asserts China’s intention to carry out political reform in its own way.

The editorial criticizes awarding the Nobel Peace Prize to Liu Xiaobo as “interfering with China’s political development.” It also accuses a fellow Nobel Peace Prize recipient, Mikhail Gorbachev, of being “mediocre” and a “man of guilt” for destroying the Soviet Union, asserting: “China will never have a second Gorbachev.”] [1]

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Reports | | |   Report

Bank of China Plans to Acquire Banks from the Association of Southeast Asian Nations

On October 20, a China News Agency reporter interviewed Qiu Yi, Vice Chairman of the Bank of China (BOC), while they were at the Association of Southeast Asian Nations (ASEAN) second China-ASEAN Summit Forum on Financial Cooperation ＆ Development. Qiu said that business at the BOC’s branches in ASEAN is booming, and that BOC is planning to acquire banks in ASEAN in order to enhance BOC’s overseas expansion. Qiu also said that, as the strategy of having the Chinese renminbi go overseas is being implemented, BOC is experimenting with renminbi services in non-trade areas, including providing cash in renminbi, providing financial renminbi products, and becoming a major dealer in the renminbi overseas.

Source: China News Agency, October 21, 2010
http://www.chinanews.com.cn/fortune/2010/10-21/2602931.shtml

Briefings | | |   Geo-Strategic Trend

China to Implement Universal Tax Policy for both Domestic and Foreign-Investment Enterprises

The China State Council issued a notice stating that, beginning December 1, 2010, China will collect a city maintenance and development tax and an education fee from enterprises in China that have foreign investors, and from foreign companies, as well as from foreign individuals. This is a major move to unify the tax policies for both domestic enterprises, and enterprises with foreign investors, after having unified the income taxes on them in 2008.

Source: Xinhua, October 21, 2010
http://news.xinhuanet.com/2010-10/21/c_13568892.htm

Briefings | | |   Economy/Resources

Huanqiu: U.S. Strategy to Encircle China Is Only aStraw Fence

Chou Hao, a scholar from the PLA National Defense University, published an article in Huanqiu (a subsidiary of Xinhua), commenting on the U.S. strategy toward China in China’s neighboring countries. The article said that the U.S. recently increased its involvement in the affairs of China’s neighbors. Structurally, the strategic fence that the U.S. has set up to surround China is composed of three main parts: The strongest section is the massive military networks in the military bases of China’s neighbors; the key links are the military coalitions based on the traditional allies of Japan and South Korea; the perimeter is made up of the partner countries the U.S. is trying to win over, including India and Vietnam. Chou believes that such an encirclement strategy, though a “perfect” model to prevent and restrict China, has its inevitable weaknesses.

Source: Huanqiu (Global times), October 19, 2010
http://opinion.huanqiu.com/roll/2010-10/1180889.html

Briefings | | |   US-China Relations