Prior to this month’s China-US Strategic and Economic Dialogue (S&ED), Global Times, which is affiliated with People’s Daily, published an editorial outlining Beijing’s goals in the current round of dialogue.
Global Times: S&ED Should Pave the Way for Xi Jinping’s Visit to the U.S.
Prior to this month’s China-US Strategic and Economic Dialogue (S&ED), Global Times, which is affiliated with People’s Daily, published an editorial outlining Beijing’s goals in the current round of dialogue.
How China Benefits from Its Talent Loss
On June 18, 2015, DWNEWS published an article titled, “Talent Loss Is Good for China.” According to the article, the total number of Chinese students who studied abroad from 1978 to 2010 reached 1.9 million. Of that number, only 0.63 million students returned to China. Some people think that China’s emigration phenomenon (including rich people’s investment emigration) reflects Chinese elites’ lack of confidence in China’s existing system. They vote with their feet. However, the writer of the article believes that this interpretation is an exaggeration. He listed three benefits resulting from the loss of talent.
Source: DWNEWS, June 18, 2015
http://culture.dwnews.com/news/2015-06-18/59661610.html
RFA: Thousands of Shanghai Residents Protested PX Project for 3 Days
From June 21 to June 23, 2015, hundreds to thousands of Shanghai residents from the Jinshan District of Shanghai City marched on the streets to protest a paraxylene (PX) petrochemical project to be relocated in the Jinshan District of Shanghai. They feared the pollution. Wu Lihong, an environmental campaigner, said, "PX plants are not welcome anywhere in China." He pointed out, "Movements opposing PX plants have formed in Xiamen, Dalian, Ningbo, and other cities." After local residents protested for three consecutive days, the district government announced through an Internet post that no PX project would be relocated to Jinshan district. The protest still continued, even after the Internet posting, as the local residents do not trust the government’s word.
On June 22, the demonstrators asked the Jinshan district top leader to step forward and to express his opinion on the PX project openly. The district leader did not show up. On the other hand, a lot of Internet discussions were posted on the PX project topic or on the Jinshan district. The local government dispatched a large number of police guards to the scene. Some people were beaten and a 16-year-old boy was arrested.
Sources: Radio Free Asia, June 22 & 24, 2015
http://www.rfa.org/mandarin/yataibaodao/huanjing/hc-06222015121332.html
http://www.rfa.org/mandarin/yataibaodao/huanjing/yf1-06242015101717.html
People’s Daily: Domestic Stock Market Lost RMB Nine Trillion in a Week
Xinhua: CCDI Identified Three Key Black Holes of Central Government Owned Companies
Global Times: South China Sea Fleet Called Reserves for Exercise
Report Shows Four Major Unhealthy Trends in Central Enterprises
China News published an article on the report that the Central Leading Group for Inspection Work recently released. Since March of this year, the Central Leading Group has dispatched 13 inspection teams to report on 21 central enterprises. The article said that the findings indicated that the companies inspected exhibited four major unhealthy trends. The first involved the inappropriate use of funds for meals and entertainment, luxury display art work, conference centers, hotels, and exercise training facilities. The second was that favors were issued during promotions and any conflict of interest when using family members was ignored. Third was the corruption among company leaders when they used state owned assets for personal gain and when there were loopholes in state asset supervision. Fourth was the formation of interest groups using family members to take possession of state owned assets. The article also listed the names of the companies under each of the four categories. China Mobile was the only company, out of the 21 in the report, that was not on that list.
Source: China News, June 19, 2015
http://www.chinanews.com/gn/2015/06-19/7354184.shtml