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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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Ministry of Land and Natural Resources: Provincial Level Governments Accountable for Housing Prices

The Chinese Ministry of Land and Natural Resources recently announced that, in order to further implement State Council policies, the Ministry of Housing and Urban-Rural Development, the Ministry of Land and Natural Resources, and the Ministry of Supervision jointly decided that the provincial level governments will be held accountable for stabilizing housing prices. An assessment system will be established and there will be a follow-up for poor performance. The three ministries are demanding a nationwide increase in housing supplies as well as an increase in the speed of development of low-income housing projects. Effective land supply management is also a requirement and is being put under the monitoring program. Stronger market supervision was also mentioned in the announcement.

Source: China Review News, October 12, 2010
http://gb.chinareviewnews.com/doc/1014/7/2/0/101472005.html?coluid=45&kindid=0&docid=101472005&mdate=1012084341

Briefings | | |   Economy/Resources

Ministry of Commerce: China Now Africa’s Biggest Trade Partner

The Chinese Ministry of Commerce recently published the “Report 2010: Economic and Trade Relations between China and Africa,” in Chinese, English and French. The report claims that China is now Africa’s biggest trading partner, citing a $91 billion trade volume in 2009. In addition to the traditional infrastructure construction area, new developments in the relationship include finance, telecommunications, energy, tourism and aviation. The report includes a “Historic Review of the China-Africa Economic and Trade Relationship,” “The Relationship in 2009,” and “A Look into Year 2010.” This report is considered the first comprehensive annual report on China-Africa trade relations.

Source: People’s Daily, October 15, 2010
http://politics.people.com.cn/GB/1027/12961071.html

Briefings | | |   Geo-Strategic Trend

China Carries Out Large-Scale Investigations across the Nation to Control Conflict

On October 13, 2010, People’s Daily published an article on the success of China’s large-scale investigations into and control of conflicts or potential conflicts between ordinary people and those with power or money. The purpose of the investigations is to identify and stop these conflicts and disputes at an early stage and at the grassroots level, under the leadership of the CCP Central Committee, China’s State Council and the CCP Central Political and Law Commission.

The investigations include but are not limited to:

  • Monthly investigations at the city and district levels;
  • Half-monthly investigations into conflict-prone areas, industries, communities, groups, the countryside, towns, and neighborhoods;
  • Daily routine investigations into agencies, organizations, enterprises, and institutes;
  • Systematic investigations of the CCP and the government’s major departments;
  • Special investigations in a timely manner in certain regions or specific areas where conflicts and disputes tend to happen;
  • Organized, focused investigations prior to major events, important festivals or holidays, and socially sensitive days.

Source: People’s Daily, October 13, 2010
http://legal.people.com.cn/GB/12937670.html

Briefings | | |   Social Stability

China Wants to Expand the Social Influence of the Party’s Newspapers and Journals

On October 14, People’s Daily reported on the annual video conference that had been held in Beijing on October 13, on the distribution work of the Party’s newspapers and journals.  

It was pointed out at the conference that the newspaper People’s Daily and the journal Qiushi (www.QSTheory.cn), as the official newspaper and journal of the CPC Central Committee, are important tools for shaping ideology and public opinion. Major Party newspapers and journals must be delivered into the hands of the majority of Party member cadres and ordinary people in a timely manner. The decision was made to continue to expand the area coverage and the social influence of the Party’s major newspapers and journals.

Source: People’s Daily, October 14, 2010
http://politics.people.com.cn/GB/1026/12948207.html

Briefings | | |   Information/Technology

Xinhua: The U.S. Is the Only Country in the World That Can Truly Manipulate the Exchange Rate

According to Xinhua on October 9, 2010, the U.S. manipulation of the exchange rate will lead to a global currency war and a new round of global inflation.

Chen Fengying, Director of the Institute of World Economic Studies at the Institute of Contemporary International Relations, said that the United States is the only country in the world that can truly manipulate the exchange rate. Chen said, “Recently, the U.S. has again been vigorously pressuring for the appreciation of the RMB, and the U.S. media even released news of a ‘currency war.’ This is how the exchange rate is covertly manipulated.”

Cao Honghui, Director of Financial Markets at the Institute of Finance of the Chinese Academy of Social Sciences, said, “The United States manipulates the U.S. dollar exchange rate and also manipulates the exchange rate of other countries.”

Source: Xinhua, October 9, 2010
http://news.xinhuanet.com/2010-10/09/c_13549175.htm

Briefings | | |   US-China Relations

Non-governmental Organizations with Chinese Characteristics

[Editor’s Note: This article addresses the growth of non-governmental organizations (NGOs) in China, the Chinese government’s control over NGO’s, and how the NGOs in China are different from those in the West. The article was published in the October issue of the Hong Kong based Open magazine. The following is a translation of the article.] [1]

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Reports | | |   Report

People’s Daily: The U.S. Dollar Is the Culprit in the Currency War

Xiangyang Li, the director of the Asia Pacific Institute of the Chinese Academy of Social Sciences, published a commentary article in the People’s Daily Overseas Edition on the ongoing global currency depreciation war. He said that the U.S. dollar is the culprit in the currency exchange war.

While the U.S. dollar appears to be market driven, in reality, there is a strong element of active devaluation. He suggested that international society should be aware of the phenomenon. Li believes that, in the long run, the U.S. dollar’s large scale depreciation will help the U.S. transfer its debt. If the international financial crisis has brought about the nationalization of private debt, then the United States urgently needs to internationalize its debt. Even though the U.S. may not admit its intention to convert its debt, it cannot avoid such a consequence.

Source: People’s Daily, October 14, 2010
http://opinion.people.com.cn/BIG5/40604/12946061.html

Briefings | | |   Government/Politics

Global Times: Can the United States Slow China’s Rise?

On October 11, 2010, Global Times, a subsidiary of Xinhua, posted a commentary on its website titled, “Can the United States Slow China’s Rise?” The author is a professor from the PLA University of National Defense. The article states, “What’s the key U.S. strategy toward China? It is to ‘guide’ China’s development and ‘control’ China’s direction.” The article contends that the U.S. can no longer contain China, but can only ‘guide’ it to slow its development.

The article stated that the major tactics the U.S. employs include: (1) Keep focusing on the “Taiwan issue.” (2) Instigate the countries that border China to constantly provoke incidents. (3) Conduct military exercises around China, especially in China’s offshore areas, to create an atmosphere of tension. (4) Strengthen military ties with China’s neighboring countries. (5) Join Russia to suppress China’s military development. (6) Disrupt China’s peripheral security under the banner of "anti-nuclear terrorism." At present, one of the prominent features of the Obama administration’s military strategy is to shift its focus from  combating conventional terrorism to  combating nuclear terrorism.

Source: Xinhua, October 11, 2010
http://news.xinhuanet.com/world/2010-10/11/c_12644603.htm

Briefings | | |   US-China Relations