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PLA Deputy Chief Ma Xiaotian Explains Purposes of SCO Joint Military Drill in Kazakhstan

On September 17, 2010, China Review News republished a Xinhua report on the Shanghai Cooperation Organization (SCO) [1] joint military drill – "Peace Mission 2010" in Kazakhstan. Ma Xiaotian, Deputy Chief of the General Staff of the PLA and the Chief Commander of the 1,000 PLA troops in the drill, held a press conference on September 16.

According to Ma, the SCO joint military drill is not targeted at any country. The purposes for the dril are:

  1. Implement the consensus reached by the leaders of all SCO member countries;
  2. Further strengthen the practical cooperation among the SCO member countries including defense cooperation;
  3. Further demonstrate the determination, will, and ability to fight together against terrorists, separatists, and extremists;
  4. Further increase mutual political trust among SCO member countries and enhance the understanding and friendship among the armed forces of the member countries.

[1] Editor’s Note: The SCO members include China, Russia, Kazakhstan, Kyrgyzstan, Tajikistan, and Uzbekistan.

Source: China Review News, September 17, 2010
http://gb.chinareviewnews.com/doc/1014/4/8/9/101448906.html?coluid=4&kindid=18&docid=101448906&mdate=0917094801

Briefings | | |   Defense/Military

Huanqiu: Take Advantage of the U.S. Financial Crisis to Raise China’s International Status

On September 13, 2010, Huanqiu, China’s official website, published an article stating that the financial crisis has ended the United States’ foreign expansion cycle and opened a new stage in its strategic contraction cycle. The contraction of the U.S. foreign policy has created the conditions for China to raise its international status. China is thus able to fully take advantage of the “dividends” brought by such a contraction to sustain and move forward China’s moderation, while elevating China’s international status.

“The United States is ‘the only country that can pressure China and cause substantial damage to China’s national security and internal stability.’ Therefore, seeking China-US cooperation is the highest priority on China’s foreign policy agenda. … China should stick to the policy of cooperating and fighting with the U.S. at the same time. It should fight only to the point of not breaking up the relationship.”

Source: Huanqiu, September 13, 2010
http://mil.huanqiu.com/Exclusive/2010-09/1097381.html

Briefings | | |   US-China Relations

Chinese Think Tank Warns: The U.S. Will Surely Lose If a China-US Trade War Breaks Out

China Review News republished an article from Jiefang Daily, a newspaper of the Shanghai Committee of the Communist Party of China, titled, “Chinese Think Tank Warns: The US Will Surely Lose If a China-U.S. Trade War Breaks Out.”

“The Ways and Means Committee of the U.S. House of Representatives held a two-day hearing on September 15 to discuss the RMB exchange rate in an attempt to exert pressure for RMB appreciation.”

“Ding Yifan, Deputy Director of the Institute of World Development (IWD) under the Development Research Center of China’s State Council (DRC), said that once the United States deliberately imposes economic sanctions on China, China can respond by selling its holdings of U.S. debt. At present, China is still the biggest holder of U.S. Treasury bonds. If China sells off its holdings, the domestic interest rates of U.S. banks will increase."  

Source: China Review News, September 17, 2010
http://gb.chinareviewnews.com/doc/1014/4/8/6/101448618.html?coluid=148&kindid=0&docid=101448618&mdate=0917004914

Briefings | | |   US-China Relations

Exim Bank: Support Chinese Enterprises to Land in Latin American

At the second Latin America-China Investors Forum (LA-CIF) held in Beijing on September 15 and 16, Vice Governor of China’s Export-Import Bank Zhu Xinqiang spoke about actively supporting Chinese enterprises to open up businesses in Latin America. The Exim Bank will “fully make use of its good relations with Latin American countries and bountiful information about local policies, laws, and business protocols to provide consulting services for the enterprises and help Chinese enterprises with project evaluation and risk assessment. At the same time, it will provide financial products and services to support China-Latin America business and trade cooperation.”

The Exim Bank, with total assets of over 1 trillion Yuan (0.15 trillion $US), is offering financial support for Chinese enterprises in more than 150 countries and regions; its Latin American outstanding loans are as high as 40 billion Yuan (US$6 billion).

Source: Xinhua, September 15, 2010
http://news.xinhuanet.com/2010-09/15/c_12573296.htm

Briefings | | |   Economy/Resources

Qiushi Criticizes Western Style Democracy

On September 16, Qiushi, the core publication of the Central Committee of the Chinese Communist Party, printed the following article: “Systematic advantages and basic characteristics of socialist democracy with Chinese characteristics – Draw a clear line between socialist democracy with Chinese characteristics and Western capitalist democracy.” The article touted “walking our own path” instead of “copying the Western capitalist democracy model,” “real people’s democracy” instead of “dollar democracy in essence,” “a unicameral People’s Congress” instead of “a bicameral system with separation of powers,” and “CCP-led multi-party cooperation” instead of “Multi-party rule in turn.”

The article emphasized the importance of ideological work, which is of “important and far-reaching significance for improving the party’s political sensitivity and discernment, leading cadres and the masses consciously to adhere to socialism with Chinese characteristics, clarifying wrong viewpoints on the political direction of the buildup of democracy, and resisting the hostile forces’ attempts at Westernization.”

Source: Qiushi, September 16, 2010
http://www.qstheory.cn/zxdk/2010/201018/201009/t20100911_46966.htm

Briefings | | |   Government/Politics

Beijing Fires Back at U.S. Pressure Over Currency

“The appreciation of the renminbi can’t solve the trade deficit with China,” said China’s Foreign Ministry spokeswoman on September 16, at a press briefing, referring to the current U.S. pressure over China’s currency. “Pressure cannot solve the issue. Rather, it may have the opposite effect.”

The push-back was related to U.S. Treasury Secretary Timothy Geithner’s criticism of Beijing’s currency controls. Chinese authorities warned Thursday that continued pressure might worsen the situation. At the same time, the official Xinhua news agency published a range of articles with quotes from Chinese and Western scholars to defend its currency practice.

Source: Xinhua, September 16, 2010
http://news.xinhuanet.com/2010-09/16/c_12577551.htm

Briefings | | |   US-China Relations

80 Major Leaders around the World Attended Professional Associations Conference

Xinhua reported from the State Council’s Oversea Chinese Affairs Office that the Fourth Assembly of the Chairmen of Overseas Professional Associations took place in Wuhan on September 14. More than 80 major leaders of overseas professional associations from 12 countries such as the U.S., Canada, the U.K., France, Australia, and Japan attended the assembly.

The State Council’s Oversea Chinese Affairs Office has organized such conferences since 2005. So far, more than 240 leaders from around 200 professional associations around the world have attended the conferences. They are from various areas of expertise, including biopharmaceuticals, information, environment and energy, medicine, transportation, finance and trade.

Source:
The United Front Work Department of CPC Central Committee, September, 15, 2010
http://www.zytzb.cn/09/newscenter/benwang/201009/t20100915_679681.html

Briefings | | |   Grapevine