Chinese Business Wisdom: The End of China’s Real Estate Developers
Chinese Business Wisdom published an article asserting that China’s real estate boom is ending. It started with the resignation of Mao Daqing, CEO of the Beijing Region of China Vanke Co., Ltd., who decided to jump ship and resign from Vanke on March 8. Vanke is the most successful privately owned real estate company in China.
The article quoted a financial analyst who stated that some real estate developers have taken their un-sold houses and sold them to their own employees. They encouraged their employees to buy as many houses as they could and also to apply for bank loans. "This might be the last money the developers will get. If the situation gets worse, these developers will run and leave the problems to their employees and the banks."
The analyst’s suggestion for Vanke’s strategy? "(They should) build as much as they can on the land they have already obtained, sell as much as they can of their overstocked houses, and close the company when they can’t sell anymore."
The government is still encouraging real estate purchases and keeps buying overstocked inventories from developers. However, "apart from the first-tier cities and cities with large inflows of population, the remaining large number of cities cannot stimulate the real estate market. The difficulty in raising money and being stuck with large inventories are still the real estate developers’ number one enemy."
Source: Chinese Business Wisdom, March 10, 2015
http://www.bwchinese.com/article/1068643.html
Study Times: Developing Battlefields for Future Warfare in Different Spaces
Study Times published an article discussing how to develop the capability to build and enhance the battlefields for future warfare that may take place in different spaces.
Outer Space: Send more military satellites to occupy the diminishing number of space orbit tracks and spectrums, develop outer space battle and support exercises, and, in particular, develop a multi-approach space surveillance system for space threat warnings.
The Internet: In addition to developing infrastructure, there is a need to develop Internet surveillance capability, create a global Internet map, establish attack positions for global network warfare, and develop strategic preparations for large-scale network warfare.
The North and South Poles: Increase research activities in the polar areas and gradually build the polar bases’ infrastructure.
Deep-Sea Space: Build deep-sea exploration equipment and deep-sea research centers; create a deep-sea military and establish surveillance bases; deploy deep-sea weapons; improve the capability of deep-sea communication, supply, repair, and rescue.
Underground Space: Improve the protective camouflage system and also improve underground construction capabilities.
Source: Study Times, March 9, 2015
http://www.studytimes.cn/shtml/xxsb/20150309/9691.shtml
Huang Jiefu Testified on TV: Zhou Yongkang Is the Big Tiger behind Forced Organ Transplants in China
On March 16, Caijing published an interview article titled, “Huang Jiefu: The Fall of Zhou Yongkang Breaks the Chain of Interest on the Use of Executed Prisoners for the Organ Transplantation (Business in China).” The article was based on ifeng.com’s interview of Huang Jiefu, the former Chinese Communist Party (CCP) Deputy Minister for the Ministry of Health. Several other websites either republished the same article or published articles about the same interview.
This was the first time that Huang Jiefu directly tied Zhou Yongkang, the detained former security czar and retired member of the Chinese Communist Party Politburo Standing Committee, to the forced organ harvesting in China. Huang stated directly that Zhou was the key leader who was responsible for the secret organ sources for the transplants in China. Huang indicated in the TV interview that neither the former top leaders Hu Jintao & Wen Jiabao nor the current top leaders Xi Jinping & Li Keqiang have anything to do with this forced organ harvesting business in China. According to an analytical article in Epoch Times on March 17, Huang’s testimony indicates that Xi Jinping will accelerate his attack against the Jiang Zemin faction. Zhou Yongkang was considered an ally of Jiang Zemin, retired General Secretary of the Chinese Communist Party. The internal fight within the CCP’s top leadership will center more and more on the core issue of the forced harvesting of organs from healthy Falun Gong practitioners in China. “The last big showdown time draws near.”
http://politics.caijing.com.cn/20150316/3840670.shtml
http://gz.ifeng.com/zaobanche/detail_2015_03/17/3668460_0.shtml
http://news.southcn.com/community/content/2015-03/17/content_120214365.htm
http://news.sina.com.cn/c/2015-03-16/122231611694.shtml
http://www.wenxuecity.com/news/2015/03/16/4110679.html
http://www.epochtimes.com/gb/15/3/18/n4390028.htm
Samsung Plans to Settle Chinese Business in RMB
BBC Chinese: U.S. Students No Longer Enthusiastic about China
People’s Daily: China Is Building Its Second Aircraft Carrier
Xinhua: Over 90.1 percent of the Cities Failed Air Quality Inspection
According to an article in Xinhua, one year ago at the beginning of 2014, air pollution and the measures to improve air quality were included in close to 90 percent of the government reports at the provincial level. At that time, 15 provinces signed an agreement to fix their air and smog issues. However, according to the article, a year later, in the “2014 National Economic and Social Development Report“ that the Ministry of Statistics published, out of 161 cities that were inspected for air quality, only 9.9 percent passed; 90.1 percent failed; and only a small fraction of the cities submitted explanations. It stated that the reason for the poor results was due to ownership at the local level and a lack of attention to this issue.
Source: Xinhua, March 15, 2015
http://news.xinhuanet.com/politics/2015-03/15/c_1114644672.htm