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People’s Daily: University Instructors Should Not Be ‘Announcers’ Who Defame China.

On November 14, 2014, Liaoning Daily, a provincial Chinese Communist Party-run newspaper, published an article (reprinted in Sohu) titled, “Teacher, Please Don’t Talk about China Like That: An Open Letter to Teachers of Philosophy and Social Science.” Liaoning Daily’s reporters sat through about 100 classes in 20 universities in big cities in China and concluded that university teachers in China 1) disagree with the Chinese Communist Party’s innovative theories and expose the dark sides of Marx, Engels, and Mao Zedong in class; 2) disagree with China’s political system and praise the “separation of powers” in the West; 3) do not love the Chinese Communist Party and do not encourage students to join the Party using themselves as role models.

On November 17, 2014, the Chinese Communist Party News website under People’s Daily published a commentary article titled “University Teachers Should Not Be ‘Announcers’ Who Defame China.” The article criticized university teachers for spreading Western views and disparaging China’s political system in class. The article said, “University teachers must correct their world views, conscientiously implement the Party’s education policy, and inject positive energy into the development and dissemination of (China’s) socialist core value system.”

On November 19, 2014, Huanqiu published a commentary on the debate that the Liaoning Daily’s article initiated (“If Any Country Is Criticized, the Target Must Be China”). According to Huanqiu, university instructors’ speeches in class must be restricted by a higher political and moral bottom line. “If instructors in European and American universities promote values that are highly contradictory to those of mainstream society, they will get into big trouble.”

Finally, the Xinhua blog published an article (not necessarily representing Xinhua’s views) saying, “First of all, do not underestimate the intelligence and judgment of college students." "Second, do not overestimate the teachers’ influence in the university classroom." "Third, the openness and freedom of the university classes have a self-purification function." "Fourth, we should believe in the capable outcome resulting from university autonomy.”

Source: Sohu, People’s Daily, Huanqiu, Xinhua Blog, November 14 – 19, 2015
http://news.sohu.com/20141114/n406046000.shtml
http://cpc.people.com.cn/pinglun/n/2014/1117/c241220-26037053.html
http://opinion.huanqiu.com/editorial/2014-11/5207179.html
http://sike.news.cn/article.do?action=articleDetail&id=218598439

Chinese Steel Exports See Rapid Growth

Well-known Chinese news site Sina recently reported that, according to the China Steel Industry Association, China’s steel exports for this year could reach 80 million tons. China’s steel production level is half of the world’s total. With the slowdown of the Chinese economy, the Chinese steel makers are trying their best to export, maintaining very low prices. This has caused China’s international competitors, from South Korea to South Africa, to drop their prices significantly. According to Tokyo Steel Manufacturing CEO Kiyoshi Imamura, the level of China’s annual steel exports is the same as the level of Japan’s entire steel production. Japan is the second largest steel maker in the world. Chinese steel exports to the United States increased by 50 percent in September, while exports to Taiwan and India increased 400 percent. Based on Chinese customs reports, China’s steel exports this year set a historic record, enjoying a year-over-year jump of 73 percent. Experts and even the Chinese manufacturers all expressed the belief that the situation for trade disputes will significantly worsen, for sure. 
Source: Sina, November 12, 2014
http://finance.sina.com.cn/money/future/fmnews/20141112/155320798415.shtml

People’s Daily: New Designer Xi Jinping

People’s Daily recently published a long commentary describing Chinese President Xi Jinping’s past, present, and future positions on “The Reform,” which is widely recognized as former Chinese leader Deng Xiaoping’s legacy. Deng enjoyed the well-known title of the “Chief Designer” of “The Reform.” The article pointed out that the first thing Xi did outside Beijing after being elected President was to visit the City of Shen Zhen and plant a tree in front the famous bronze statue of Deng Xiaoping. The author also mentioned that Xi quoted Deng in a book that Xi wrote 22 years ago expressing his confidence in “The Reform.” The article listed a number of Xi’s accomplishments made during the first two years of his current term, including mainly anti-corruption and the simplification of numerous government bureaucratic processes. The commentator expressed the belief that Chinese reform is now in “deep water” and decisive leadership is required for its continued success. Xi is laying out the roadmap for China’s next 30 years. The author concluded that Xi should be titled the “New Designer.” 
Source: People’s Daily, November 13, 2014
http://politics.people.com.cn/n/2014/1113/c1001-26016780.html

Xinhua: Li Keqiang Called for New China-ASEAN Cooperation

Xinhua recently reported on some comments that Chinese Premier Li Keqiang made when he attended the Seventeenth China-ASEAN (Association of Southeast Asian Nations) Conference. Li suggested new means of cooperation. He called for building the “21st Century Maritime Silk Road,” which should reinforce cooperation between China and ASEAN. China suggested that the name next year be the “Year of China-ASEAN Maritime Cooperation.” China is looking forward to working with the ASEAN countries to make better use of the 2014 “Maritime Cooperation Fund” for projects in this year’s portfolio. At the Conference, Li encouraged the ASEAN countries to be more active in submitting their 2015 project applications for funding under the Maritime Cooperation Fund.
 
Source: Xinhua, November 13, 2014
http://news.xinhuanet.com/world/2014-11/13/c_1113239989.htm

Industrial and Commercial Bank of China: Bad Debts Grew 72.5 Billion Yuan (US$11.83 billion)

Xinhua recently reported on the financial performance of the Industrial and Commercial Bank of China. Based on the first three quarters of 2014, even though its net profit is growing, the amount of outstanding bad debts has reached 766.9 billion yuan (US$125 billion), an increase of 72.5 billion yuan (US$11.83 billion) since the end of the second quarter. Its bad loan ratio is 1.16 percent, up by 0.09 percent from the second quarter. The report also stated that the bank’s overall risk compensation ability is stronger as its loan loss provision grew 69.8 billion yuan (US$11.39 billion); its provision coverage ratio, an indicator of how protected a bank is against future losses, is at 247.15 percent, down 15.74 percent from the second quarter, while its loan provision ratio, the ratio of loan loss provision to outstanding loans, is at 2.88 percent up 0.04 percent from the second quarter.

Source: Xinhua, November 17, 2014
http://news.xinhuanet.com/fortune/2014-11/17/c_127217568.htm

People’s Daily: New York Times’ Editorial Was Off Base, Inappropriate, and Dishonest

People’s Daily published an article commenting on a recent editorial that the New York Times published on China’s visa restrictions on foreign journalists. People’s Daily stated that the editorial was off base, inappropriate and dishonest. The article countered that foreign journalists are allowed in China including at the recent APEC Summit, the World Economic Forum in September, and the Youth Olympic events in August. It also declared that foreign media must follow the laws in China; otherwise they will receive a warning or have their licenses suspended. The article continued to list a number of incidents in which the New York Times was dishonest in its reporting. The article concluded with a warning that foreign media should learn how to respect the rights of other countries while also obeying the laws there.

Source: People’s Daily, November 17, 2014
http://world.people.com.cn/n/2014/1117/c1002-26035484.html

Guangming Daily: Democracy is the Main Cause of the World’s Political Conflicts

Guangming Daily published an abstract from a research paper written by Yang Guangbin, head of Institute of Comparative Politics and Economics at Renmin University. In the abstract, Yang stated that the future of the world will consist of different forms of conflict between democratic countries. Yang pointed out that democracy is the main cause of the world’s political conflicts and such conflicts often involve fighting and bloodshed. Yang said that it is very important to take another look at the contents of democracy and its inner meaning.

Source: Guangming Daily, November 15, 2014
http://theory.gmw.cn/2014-11/15/content_13846454.htm

Chinese Academy of Engineering Academician: Cyber Security Is the “Fifth Territory”

Ni Guangnan, a computer expert and academician at the Chinese Academy of Engineering, said in a lecture that "Cyberspace has become the fifth territory after land, sea, air, and outer space. Like the other territories, cyberspace must also reflect the country’s sovereignty. To protecting cyber security is to protect national sovereignty."
In his view, both offensive and defensive sides to network security and information security exist. In this sense, independent ownership and control of core technology and equipment, information products, and services are a precondition to ensuring network and information security.
Source: Xinhua, November 11, 2014
http://news.xinhuanet.com/tech/2014-11/11/c_1113196301.htm