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China’s Foreign Ministry on Chinese and Russian Opposition to US Deployment of “THAAD” in South Korea

On June 8, 2017, at a regular press conference, a spokesperson for China’s Foreign Ministry asserted China’s firm stand opposing the U.S. deployment of “THAAD” in South Korea. The spokesperson, Hua Chunying, told reporters that China and Russia “share a high degree of consensus and common interests” in their opposition to the U.S. deployment of  “THAAD” in South Korea and “will continue to have close communication and coordination” on the matter.

When answering a question on North Korea’s recent firing of surface-to-ship missiles off its east coast, Hua Chunying said, “Under the current circumstances, the relevant parties should exercise restraint, refrain from provocative actions that may escalate regional tensions, and play a positive role in de-escalating and stabilizing the situation.”

Source: Ministry of Foreign Affairs of the People’s Republic of China Website http://www.fmprc.gov.cn/web/fyrbt_673021/t1468779.shtml

EU Insists on Imposing Anti-Dumping Tariff on China’s Steel Products

Epoch Times published an article stating that the EU will impose an anti-dumping tariff on China’s steel products. The article said that, on June 9, the EU announced that it will impose a high tariff on Hot Rolled Steel Flat Bars. On June 2, one week earlier, EU leaders had a summit meeting with Chinese Premier Li Keqiang in Brussels. The summit happened to take place when the U.S. decided to withdraw from the Paris Agreement. It was expected, under the circumstances, that cooperation between China and the EU would improve and both sides would be willing to work with each other. However the outcome of the meeting did not turn out that way. The EU maintains it has strong grounds for its anti-dumping policy and demands changes from China, which has made China quite unhappy. According to an article in Politico, European Commission President Jean-Claude Juncker stated that “Chinese steel overcapacity is now more than double the EU’s total capacity. If we fail to make progress … the only winners will be political forces that oppose the progress we seek.” Section 15 of the Protocol on the Accession of the PRC expired last December. According to the policy, China would have been granted Market Economy Status by then. It would have meant that Western countries should not impose anti-dumping tariffs on China. However, China has faced resistance from the U.S. and from European countries. So far, it has not been granted this status.

According to Asahi Shimbun, a Japanese media, China was denied qualification for Market Economy Status during the EU and China Summit on June 2. China has expressed strong discontent about it. Li Keqiang even refused to publicize the joint announcement both parties made on the Paris Agreement.

Meanwhile Deutsche Welle published an article that stated that the EU will impose a 35.9 percent tariff on Hot Rolled Steel Flat Bars made in China. Currently the EU has trade protection measures on over 100 products. Of those, 40 of them are on steel products and among those 15 of them come from China. Hot Rolled Steel Flat Bars can be used to build ships, gas containers, and energy pipes. According to the EU, the 35.9 percent temporary tariff will be in effect for five years starting on June 10.

Source:
Epoch Times, June 11, 2017
http://www.epochtimes.com/gb/17/6/11/n9250440.htm
Deutsche Welle, June 9, 2017
http://www.dw.com/zh/盟亮红牌-中国钢产品再遇反倾销/a-39189121?&zhongwen=simp
Politico, “EU-China trade tensions undermine climate unity, June 2, 2017
http://www.politico.eu/article/eu-china-trade-tensions-undermine-climate-unity-summit-steel-dumping/

Ten Officials from the Financial Oversight Offices Were Taken Down

Xi Jinping and Wang Qishan expanded the anti-corruption campaign into the financial sector this year.  The Communist Party’s Central Commission on Discipline Inspection (CCDI) listed 53 officials in the financial sector who have been taken down since 2012. Among them, ten were from the four top financial oversight offices: the Central Bank (People’s Bank of China), China Banking Regulatory Commission (CBRC), China Securities Regulatory Commission (CSRC), and the China Insurance Regulatory Commission (CIRC).

Among those ten, five were from the CSRC, four from CBRC, and one from CIRC. However, the CIRC official held the highest rank: Xiang Junbo (项俊波), Chairman of the CIRC. No one from the Central Bank was taken down.

Source: Phoenix New Media, May 7, 2017
http://news.ifeng.com/a/20170507/51055004_0.shtml?wratingModule=1_9_1

China Intensified Internet Blockade during June 4 Period

On April 15, 1989, former Chinese Communist Party (CCP) leader Hu Yaobang died. Hu had worked to move China toward a more open political system and had become a symbol of democratic reform. By April 18, thousands of students had come to Tiananmen Square to mourn his passing. As more arrived, protests against corruption and for greater democracy ensued. The numbers grew; it is estimated that as many as one million Chinese, mostly students, came to Tiananmen. On June 4, 1989, the CCP used tanks and guns to crack down on the democracy demonstration. This event became known as the Tiananmen Massacre. Since then, every year during the June 4 anniversary, the CCP has been on alert and has taken extreme measures to prevent any form of protest.

According to Radio Free Asia (RFA), this year the CCP intensified its Internet blockade. Many Wechat accounts and even Facebook accounts were blocked. (Wechat is the most popular social media network phone application among Chinese). VPN software that people used to bypass the Internet blockade couldn’t connect to the Internet overseas either.

A netizen Zhu Xueqin said that she posted a video of pigs with a comment on Facebook:  “It is a grief to be a pig in China, but it is a greater grief to be a Chinese.” She was referring to a report that many pork producers fed pigs with chemicals to shorten the pig’s growth period from a year to only a few months. Her Facebook account was blocked.

Source: RFA, May 31, 2017
http://www.rfa.org/mandarin/yataibaodao/meiti/ql1-05312017102521.html

 

Video: Two Cars Ran over a Woman at a Crossing Line; Pedestrians Were Indifferent

Recently, a 1 minute 34 seconds video of a “car accident” circulated on the social media in China. A woman was hit at the cross line. She was left lying on the ground for 1 minute without anyone coming to help move her away from the many coming and going pedestrians. A car then ran over her a second time and she died.

On June 7, netizen friend @YuanQicong released a video on the microblog. In the video, a red taxi hit a woman at a zebra crossing. After that, several cars and many pedestrians passed by, but no one tried to help her get up. During this time, the woman tried to sit up but did not succeed. A minute later, a sport utility vehicle ran over the woman  a second time.

Local netizens said the incident site is located at the College Road bus station in Henan Zhumadian City of Henan Province.

The video can be viewed on the website.

Source: Duowei, June 7, 2017
http://china.dwnews.com/news/2017-06-07/59818989.html

China Uses High Salaries to Lure High-Tech Talent Away from South Korea

On June 8, Duowei News reported that South Korean media revealed how Chinese companies are “systematically” luring industrial talent away from South Korea. The losses has reached a very serious level. South Korea seems helpless in the face of such a situation.

According to a report from South Korea’s Asian Economy, many Koreans with technical talent, from the cosmetics, the food and other basic necessities field, to information and communications, semiconductors, biotechnology and other cutting-edge areas, are jumping ship voluntarily and succumbing to the temptation of Chinese enterprises’ high salaries.

In particular, many Koreans with talent are helping China’s semiconductor industry to rise. It has made the Korean government and the industry very nervous. Although the Korean government has deployed investigative teams to prevent the domestic semiconductor cutting-edge technology from leaking, it has not yet found an effective way.

It is reported that China’s semiconductor companies attract South Korean talent with 3 to 10 times the annual salaries that Korean companies offer, in addition to housing and cars as well as a commitment to solve their children’s education related issues.

Source: Duowei News, June 8, 2017
http://global.dwnews.com/news/2017-06-08/59819030.html

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