Skip to content

BBC Chinese: Indian Air Force Asked Employees and Their Families to Avoid Chinese Smart Phones

BBC Chinese recently reported that the Indian Air Force officially warned its employees not to use China made smart phones, especially the Xiaomi brand. The family members of the Air Force personnel were also asked not to use those smart phones. According to the Air Force spokesperson, the advice was based on recommendations made by F-Secure, the well-known Finnish security advisory consulting company, which is also the security contractor for the Indian Air Force. Recent F-Secure research showed that multiple models of Xiaomi smart phones automatically sent the phone owner’s name, phone number, phone device identifier, contacts list, and text messages to remote servers located in Beijing without getting the owner’s permission or even notifying the owner. In the meantime, the Xiaomi Vice President of Global Services stated in an email that Xiaomi will be moving its Indian services and communications data to Amazon servers located in Singapore and the United States. The move is expected to be completed by the end of this calendar year. 
Source: BBC Chinese, October 31, 2014
http://www.bbc.co.uk/zhongwen/simp/world/2014/10/141030_india_china_smartphones

Xinhua: State Council Information Office to Introduce Internet Security Laws

Xinhua reported that the State Council Information Office announced on November 2 that it will soon introduce the most comprehensive and up to date laws to regulate activities related to Internet security. According to the statistics that the Information Office released, by the end of June 2014, there were 632 million netizens in China. Of those, 527 million were mobile phone netizens. The Deputy Director of the Information Office said, “It has made China the largest mobile Internet market in the world and has also made the Internet the largest media platform in China.” The office listed the top eight illegal activities on the Internet. These include: publishing news releases using fictitious public institutions or media; transmitting pornographic information; creating announcements of  terrorist attacks; producing fake advertising; spreading rumors; making remarks that damage national unity; slandering others; and violating the privacy of others.

Source: Xinhua, Nov 3, 2014
http://news.xinhuanet.com/info/2014-11/03/c_133761619.htm

China Index Academy: Statistics Show Prices of Newly Constructed Homes Dropped in October

Xinhua reported that, according to a report that the China Index Academy published, based on 100 cities that were sampled, the average price for newly constructed homes was 10,629 yuan (US$1,733) per square meter in October, down 0.4 percent from September and 0.52 percent lower when compared to the same period in 2013. According to the report, October is also the sixth consecutive month that saw housing prices drop. The report also projected that cash support from the banks will remain the main driver to determine the trend for the real estate market in the 4th quarter. It predicted that, in the fourth quarter, the market will continue to burn off the existing inventory, while housing prices could fall further compared to the previous months.

Source: Xinhua, November 3, 2014
http://news.xinhuanet.com/house/bj/2014-11-03/c_1113081410.htm

Wang Qishan: The Party Cannot Afford to Lose the Battle against Corruption

People’s Daily published an article written by Wang Qishan, Secretary of the Central Commission for Discipline Inspection. The article reiterated the key points from the “Decision Concerning the Rule of Law” recently passed during the Fourth Plenary Session of the 18th Central Committee of the Chinese Communist Party. Wang further emphasized the importance of adhering to the absolute leadership of the Party, strengthening the rules within the Party, managing the country with law and virtue, and persisting in the anti-corruption battles. Wang listed four major tests and dangers that the party currently faces and said that the Party’s foundation is threatened because of them. In the article, Wang stated that the Party still faces challenges in the battle against corruption and the fight to ensure clean government. He said that it is a battle that "the Party cannot afford to lose."

Source: People’s Daily, November 3, 2014
http://politics.people.com.cn/n/2014/1103/c1024-25959682.html

China’s State-Media Expose Foreign Forces behind the HK Occupy Central

People’s Daily quoted a report from Hong Kong’s Wen Wei Po about the illegal "Occupy Central [movement]." It said that that material supplies are endless and that some analysts have pointed out that the opposition, solely by itself, certainly cannot sustain such an undertaking. The Hong Kong Environmental Protection Association’s environmental monitoring report on "Occupy Central" noted that, by a conservative estimate, the consumption of goods in the "occupied territories" within just one month comes to more than HK $250 million. Taking out the 20 percent of the materials that the public donated, a total of HK$200 million in goods came from unknown sources. The media article quoted "Legal scholars" who have questioned whether external forces provided these materials of unknown origin to support the "Occupy Central" activity. They urged the police and the Legislative Council to investigate. "If ‘Occupy Central’ is a crime, then anyone who provides material supplies is an accomplice."

Source:  People’s Daily, October 31, 2014
http://hm.people.com.cn/n/2014/1031/c42272-25944361.html

China’s Banks See Non-Performing Loans Surge

The cooling off of the housing market and the economic slowdown have led to a sharp increase in bad debts and in the non-performing loan (NPL) ratio. 

The bad debts of the China Industry and Commerce Bank hit a record high the hightest since 2006. In the third quarter, the NPL ratio was 1.06 percent. The NPL amount grew nine percent reaching 115.5 billion yuan. This is the largest increase since 2006. 
Quarterly reports of other banks also showed that the NPL ratio and amount have increased since the beginning of 2014. At the end of September, the NPL ratio was 0.99 percent for the China Industrial Bank, 1. 20 percent for China Merchants Bank, and 1.39 percent for China CITIC Bank. The growth rate of the NPL was 0.23 percentage points, 0.30 percentage points and 0.36 percentage points, respectively. 

Source: Chinese Business, October 30, 2014 
http://www.cb.com.cn/finance/2014_1030/1091953.html

Foreigners Filed Half of the Cases Involving Disputes over Trademark Licenses

According to the Beijing Higher People’s Court, trademark licensing cases have spiked in the past two years. Foreigners have filed half of them. 

The Beijing First Intermediate People’s Court and the Beijing Higher People’s Court have jurisdiction over administrative cases and appeals on patents, trademarks, and copyrights. From January 2014 to September 2014, Beijing First Intermediate People’s Court accepted 7,749 new administrative cases involving disputes over trademark licenses and closed 3,632. Beijing Higher People’s Court accepted 1421 appeals and closed 905 new administrative cases. The cases accepted and closed were significantly higher than the same period last year. According to Beijing Higher People’s Court, foreigners filed about half of the new cases. Many involved major international companies. 
Source: Xinhua, October 30, 2014 
http://news.xinhuanet.com/2014-10/30/c_1113051347.htm

China to Construct Beidou Satellite Navigation System Reference Stations in Antarctica

On October 28, the China Polar Research Center issued a press briefing discussing China’s upcoming 31st Antarctic scientific expedition. The briefing stated that, during the expedition, for the first time, China will construct Beidou satellite navigation system reference stations in the Antarctic region. 

This will be China’s first acquisition of related data in the Antarctic using the Beidou satellite navigation system. It will focus on solving key issues such as Antarctic region Beidou satellite data processing, seamless coordination of multi-source satellite navigation frames, as well as the consistency of different reference frames in order to achieve China’s application of the autonomous satellite navigation system to build an Antarctic Beidou mapping reference system. 
Source: Xinhua, October 28, 2014 
http://news.xinhuanet.com/2014-10/28/c_1113015467.htm