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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 Commentaries: “Exposing the Three Major Political Deficits of the U.S.”

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Economic Information Daily: China Holds Potent Weapons to Act against U.S. Trade Protectionism

Economic Information Daily, which is related to Xinhua News Agency, published an article on March 26, 2010, regarding the global responses to “America’s increasing trade protectionism.” Song Hong, Director of the International Trade Research Office at the Institute of World Politics and Economy in the Chinese Academy of Social Sciences said, “China also has potent weapons to deal with U.S. trade protectionism.”

Song Hong pointed out from the trade perspective, “China can impose restrictions on the imports of American agricultural products, aircraft and others. China can also decrease its holdings of U.S. Treasury bonds.” Song further said, “From the non-economic perspective, the United States needs China’s support on the Iran and North Korean nuclear weapons issues.” “In addition, promoting a free trade zone in Asia is another of China’s options,” reported Economic Information Daily.

Source: Economic Information Daily, March 26, 2010
http://www.jjckb.cn/gjxw/2010-03/26/content_213869.htm

Briefings | | |   US-China Relations

Xinhua: According to a Russian Journal, the West’s major strategic mistake is misjudging China

Global Times published a Xinhua article on March 31, 2010, introducing an article from a Russian journal, “The major strategic mistake the West has made in the past 20 years is its incorrect assessment of China’s potential and ambition.”

It said that “China’s GDP at purchasing power parity conversion has increased from 4.8 trillion in 1999 to 8.8 trillion U.S. dollars in 2009.” However, “China’s economic flaws and uneven development require China to take a tough political line. Otherwise, the conflicts that have accumulated in China will manifest.”

The article stated, “The U.S. estimates that the deadline for the U.S. to beat China in a war is 2017.” However, “the decline of Western civilization will give China a better chance to become the undisputed world leader within the next 30 years.”

Source: Global Times, March 31, 2010
http://world.huanqiu.com/roll/2010-03/762920.html

Briefings | | |   US-China Relations

Minister of Public Security on Social Stability and Corruption

On March 29, 2010, the last day of a training session for nationwide Public Security Bureau chiefs, Yang Huanning, the Deputy Secretary of the Party Committee and Executive Deputy Minister of Public Security, spoke on social stability and corruption:

(We ought to) have a clear understanding of the influence and challenges to social stability at China’s current economic and social development stage, effectively enhance the sense of responsibility and sense of mission of safeguarding national security and social stability, conduct an in-depth study on how to effectively and properly dispose of social unrest, how to further strengthen foundational and preventive work, and how to further improve the public security authority’s law enforcement ability and quality….(We ought to) study and solve the current problems in fund management from the policies and system aspects, manage and make good use of state and local fiscal funds, firmly prevent extravagance and waste, and resolutely prevent the occurrence of different forms of corruption.
Source: Ministry of Public Security, March 30, 2010http://www.mps.gov.cn/n16/n1237/n1342/n803680/2379043.html

Briefings | | |   Social Stability

Ministry of Land and Resources: 2009 Housing Price Soar 25.1%

A Ministry of Land and Resources report issued on April 2 shows that the average housing price in over 100 cities had been rising since 2001, with the exception of 2008 when the average dropped 1.89%. In 2009, the residential housing price stayed as high as 4,474 yuan per square meter ($655), registering an annual growth of 25.1%, the highest rate since 2001. 

The reported figures, based on the land and housing prices in 105 Chinese cities between 2001 and 2009, dwarfed the 1.5% figure published by the National Statistic Bureau, which surveyed 70 medium and large sized cities’ 2009 housing prices. 

Source: Jinghua Times, a Beijing based local newspaper, April 1, 2010 
http://epaper.jinghua.cn/html/2010-04/01/content_533587.htm

Briefings | | |   Economy/Resources

China to Add 10 Million Yuan in Haiti Aid

Li Baodong, China’s Permanent Representative to the United Nations, announced on March 31 that the Chinese government will add 10 million yuan ($1.47 million) to Haiti’s post-quake relief. 

In a media interview, Li said that despite the fact that there is no official diplomatic relationship with Haiti, the Chinese government sent in an international rescue team and a medical team immediately after the earthquake. So far, China has provided assistance valued at 93 million yuan ($13.6 million) in cash, goods, and other forms. 
Source: Xinhua, April 1, 2010 
http://news.xinhuanet.com/world/2010-04/01/c_1211470.htm

Briefings | | |   Geo-Strategic Trend

Eight-Episode TV Documentary Series: Preparing for Danger in Times of Safety, Episode Eight

{Editor’s Note: In June 2006, Beijing released an eight-episode TV documentary series: Preparing For Danger In Times Of Safety – Historic Lessons Learned from the Demise of Soviet Communism. It was a research project conducted by the government think tank, the Chinese Academy of Social Science. Afterwards, the Chinese Communist Party instructed party members across the nation to watch the series and launch serious discussions. The script of the prelude of the documentary quotes Hu Jintao’s words, “There are multiple factors contributing to the disintegration of the Soviet Union, a very important one being Khrushchev throwing away Stalin’s knife and Gorbachev’s open betrayal of Marxism-Leninism.” The full text of the narratives has been translated. What follows is the eighth episode.}

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Reports | | |   Report

Military Strategist: China to Mobilize Internet Users Against Anti-China Forces

 Xu Yan, Professor and historian at the Strategic Research Department of National Defense University alleged that international anti-China hostile forces have used the Internet not just to gather intelligence but also to spread false information to mislead and guide public opinion. Thus, “our country should mobilize Internet users to counter the anti-China hostile forces and opinions.” Xu cited examples of Internet remarks that China should not have participated in the Korean War and Sino-Indian border war. “Hostile forces are engaging in a psychological war in the area of history only to negate and cut off the ideological foundation of the new China. Many of these statements have gone far beyond the scope of expressions of different points of views. Their sinister intentions in fact are all too clear!” Xu calls for a “people’s war on the Internet to quash any anti-China expressions."

Source: Xinhua, March 31, 2010
http://news.xinhuanet.com/mil/2010-03/31/content_13274754.htm

Briefings | | |   Information/Technology

China Replaces Japan as Second Largest Manufacturer But Is Not Strong

Wang Zhongyu, President of the China Enterprise Confederation, announced on March 27 that in 2009 China’s manufacturing accounted for 15.6% of the value of total global manufacturing. With the United States accounting for 19%, China has now replaced Japan (15.4%). Wang stated, however, that China’s manufacturing industry is large in size but not strong, and most enterprises are still at the bottom of the value-added chain. U.S. service oriented manufacturing is 58% of its entire manufacturing while that of China is 2.2%.

Source: China News Service, March 27, 2010
http://www.chinanews.com.cn/cj/cj-gncj/news/2010/03-27/2193673.shtml

Briefings | | |   Economy/Resources