Caixin: July Chinese Manufacturing PMI Continued to Decline
Over 130,000 Legal Complaints Filed against Former Chinese Leader Jiang Zemin
According to Minghui.org, between May 27 and August 6, 2015, the Minghui website editors received copies of criminal complaints that had been filed by 134,386 Falun Gong practitioners in China and other countries against former Chinese leader Jiang Zemin. The complaints urged the procuratorial organs [in China] to conduct criminal investigations into Jiang for his role in launching the persecution against Falun Gong practitioners. The report said that, due to the Internet blockade, the actual numbers of complaints are far more than what is being reported.
http://www.minghui.org/mh/articles/2015/8/8/%E5%8D%81%E4%B8%89%E4%B8%87%E5%9B%9B%E5%
Huanqiu: Foxconn Shifts Its Investments to India
According to a report by Huanqiu, Foxconn, the supplier for Apple, Blackberry, Xiaomi, and Amazon, has signed a US$5 billion contract with India to build an electronic manufacturing plant. The article said that, as one of the fastest growing markets for smart phones, India is a country that smart phone manufacturers, including the ones from China, wish to tap into. In addition to Xiaomi, the TCL Corporation, another Chinese multinational electronics company, is planning to build its plants in Brazil and India. As the manufacturing costs continue to grow in China, driven up by the increase in labor, currency, and energy costs, the price of China made products is close to the U.S. The article said that having investments in countries like India will not only consume the excess production capacity that China has but will also assist Chinese enterprises to “step out” and gain added value for China made products.
Source: Huanqiu, August 7, 2015
http://finance.huanqiu.com/ppgc/2015-08/7232641.html
Disciplinary Committee to Inspect State Owned Enterprises
Guangming Daily published an article reporting that State Owned Enterprises will be required to impose strict party disciplinary policies on their Party members. The article stated that the Central Politburo will soon issue a guideline on the Party’s Inspection Work, which the Central Inspection Group will implement. The plan is to conduct inspections that will cover all State Owned Enterprises. The article said that the guidelines should mainly focus on detecting the existence of formalism, bureaucracy, hedonism, and extravagance. For any identified issues, the guidelines require that they to be elevated to the Commission for Discipline Inspection, the Ministry of Organization, or Party organizations within the State Owned Enterprises. Meanwhile necessary actions should take place immediately. The article said that if the issues are being held up without being addressed, the punishment could be severe.
Source: Guangming Daily, August 10, 2015
http://politics.gmw.cn/2015-08/10/content_16604699.htm
Global Times: U.S. Cyber Retaliation Would Trigger a Tit-for-Tat Conflict
The Global Times published an editorial in response to a New York Times report that the Obama administration is planning to "retaliate against China for the theft of the personal information of more than 20 million Americans from the database of the Office of Personal Management."
Competition Might Save the Chinese Stock Market
On August 3, 2015, Chen Peixiong, a researcher at the Guangdong Industry Development Institute, published a commentary in Hexun stating that few understood the reason for the failure of the Chinese stock market. He proposed that competition among multiple stock markets might save the Chinese stock market.
Xi Jinping Is Determined to Put an End to the Dominance of Jiang Zemin
China Gate and several other overseas Chinese websites translated an article from the Diplomat on Xi Jinping’s anti-corruption campaign in the Chinese military. According to the Diplomat‘s article, Xi Jinping’s decision to expel both Xu Caihou and Guo Boxiong from the Party for corruption "reflects his determination to put an end to the dominance of Jiang Zemin," who was the former chairman of the Central Military Commission (CMC) and general secretary of the Chinese Communist Party. Jiang Zemin promoted Xu Caihou and Guo Boxiong to the positions of vice chairmen of the Central Military Commission and Politburo members. "Guo and Xu continued to pay allegiance to Jiang Zemin even after he retired as CMC chairman."
Source: The Diplomat, July 31, 2015 & China Gate, August 3, 2015
http://thediplomat.com/2015/07/guo-boxiong-jiang-zemin-and-the-corruption-of-the-chinese-military/
http://www.wenxuecity.com/news/2015/08/03/4459009.html