Chinascope – Page 1141

Xinhua: 120.2 Billion Yuan Direct Economic Losses from Flooding in China in 2010

According to Xinhua on July 15, 2010, a report on statistics released by China’s State Flood Control and Drought Relief Headquarters shows that 26 provinces suffered floods this year, with total of 97,500,000 people and 6,155 thousand hectares of crops affected. Up to now, the death toll is 594 people; 212 people are still missing, and 590,000 houses have collapsed. The direct economic losses are 120.2 billion Chinese Yuan by 9am on July 15.

Source: Xinhua, July 15, 2010
http://news.xinhuanet.com/politics/2010-07/15/c_111958044.htm

Briefings | | July 19, 2010 | Economy/Resources

CHINANEWS.COM.CN: China Rejects US Report as Interference

On July 12, 2010, www.chinanews.com.cn reported that the U.S. State Department recently published its 2010 “Promoting Freedom and Democracy Report” accusing China of (its negative) democracy, and human rights situation. In response, China’s Foreign Ministry spokesman Qin Gang accused Washington of interfering in its internal affairs. Qin stated, “The Chinese Government protects the citizens’ basic rights and freedoms, and upholds people-oriented principles and governs for the people.”

Source: www.chinanews.com.cn, July 12, 2010
http://www.chinanews.com.cn/gn/2010/07-12/2397054.shtml

Briefings | | July 19, 2010 | US-China Relations

Red Flag Manuscript: The Rationale for State Control of the National Economic Lifeline

[Editor’s Note: Ever since the onset of the global financial crisis began at the end of 2007, articles advocating Marxism and state control of the economy have mushroomed in China’s official media. The crisis offers the Chinese Communist Party’s theorists an opportunity to prove the “inevitable failure” of capitalism and to legitimize China’s socialist or Marxist control of the national economy. The following is a translation of excerpts from an article in Red Flag Manuscript, a core publication of the Central Committee of the CCP, “The International Financial Crisis Provides the Rationale for State Control of the National Economic Lifeline.”] [1]

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Reports | | July 16, 2010 | Report

China Central Bank to Continues a Managed Floating Exchange Rate Regime

China needs to follow a managed float of its exchange rate to aid restructuring, said Hu Xiaolian, deputy governor of the People’s Bank of China, in an article published on the website of the Central Bank. “A managed floating exchange rate system, which is based on market supply and demand, with reference to a basket of currencies, is a correct decision in accordance with China’s own situation and development strategy. It is also an important part of the socialist market economic system. It is China’s established policy.”

Source: Xinhua, July 15

http://news.xinhuanet.com/2010-07/15/c_111959207.htm

Briefings | | July 16, 2010 | Economy/Resources

Hu Jintao Vows to Modernize Education by 2020

The Central Committee of the Chinese Communist Party and the State Council jointly held a National Education Working Conference on July 13 and 14. Hu Jintao, the nation’s paramount leader, vowed to implement education modernization and a China with super powers in human resources by 2020.

“Education must adhere to the party’s leadership,” said Hu. “The fundamental purpose of education is to develop morally, intellectually, physically, and aesthetically-developed Socialist builders and successors. We must fully implement the party’s education policy and make the facilitation of healthy growth of students the starting point and ending point in all school work.”

Source: China News Service, July 14, 2010

http://www.chinanews.com.cn/gn/2010/07-14/2402687.shtml

Briefings | | July 16, 2010 | Government/Politics

Foreign Ministry Resolutely Opposes Foreign Military Vessels & Aircraft Affecting China’s Security

China’s Foreign Ministry spokesman Qin Gang reiterated on the 15th that China firmly opposes any foreign military vessels and aircraft engaging in activities affecting its security interests in the Yellow Sea and other Chinese coastal waters. In response to a reporter’s hypothetic question, "If the US-ROK hold military exercises in July, will China and the DPRK plan to hold military exercises in the western waters of the Korean Peninsula?" Qin said it was a typical Cold War mentality to divide the Northeast Asia and Asia-Pacific regions into different military alliances, and to view the region’s security issues with a Cold War style confrontation perspective. “Times have changed now. No single country or single military alliance can resolve the issue of regional security and stability.”

Source: Xinhua, July 15, 2010

http://news.xinhuanet.com/mil/2010-07/15/content_13865520.htm

Briefings | | July 16, 2010 | US-China Relations

Public Security Chiefs Departing to the US for Training

On July 8, Cai Anji, political commissar at the Ministry of Public Security met with a group of 25 local public security chiefs before their departiure for the United States. They were slated for 21 days of training. Cai claimed that training overseas was for the purpose of implementing the Party’s directive on strengthening training of local public security leaders. He asked the group to “change the training into a process that strengthens political ideals and beliefs, and will instill in them the wish to think outside the box, find solutions, and develop breakthroughs that will result in new developmental stages for public security.”

Source: Ministry of Public Security, July 9, 2010
http://www.mps.gov.cn/n16/n1237/n1342/n803680/2461560.html

Briefings | | July 15, 2010 | Government/Politics

Xinhua Commentary Series: Spotlight on the U.S. Presidential Election

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.”