China News: China Made Solemn Protest against Obama’s Meeting with the Dalai Lama
China Daily: RMB Depreciation Signals Economic Slowdown
People’s Daily: Revenue from Land Sales Was 33 Percent of National Financial Income
People’s Daily published an article titled, “It Is a Dangerous Sign that Revenue from Selling Land Has Become the Major Source of Income for Municipal Governments.” The article said that, according to the statistics published by the Ministry of Land and Resources, in 2013, income from land sales was 4.1 trillion yuan (US$0.67 trillion) which was 33 percent of the national income. The article stated that, ten years ago, the cost of land was 20 percent of the cost of housing. In recent years however, it has grown to be 60 percent or even higher. The article pointed out, “Land sales may appear positive but it sends many dangerous signals. … The municipal government can easily rely on land as its income source rather than developing its own economy or making changes to its economic structure. This also increases the financial risk while it impairs the stability and safety of the tax revenue.”
Source: People’s Daily, February 23, 2014
http://finance.people.com.cn/n/2014/0223/c1004-24436578.html
Qiushi Theory: Dominance in Cyberspace will Shift from the U.S to China
Qiushi Theory (Seeking Truth) a bi-monthly periodical on political theory published by the Central Party School and the Central Committee of the Communist Party circulated an article stating that cyberspace security has become the major battleground between China and the U.S. The article predicted that, in the next five to 10 years, China will shift from being in a defensive position to gaining control and dominance in cyberspace security.
According to the article, the U.S. currently leads the world in Internet infrastructure; the U.S. is the most competitive [country] in the Internet industry and it is the most powerful in cyber warfare. According to the article, the U.S. is also the only country in the world that has the capacity to be aggressive in its cyberspace strategy, even though it claims its strategy is a defensive type.
The article also pointed out that the U.S. utilizes its discourse right to frame China as the cyber attacker but neglects to mention that the U.S. is the origin of cyber attacks and has the largest base for cyber attackers. It pointed out that the U.S. dominates in cyberspace infrastructure including the root name server and IP name server. Both of these are under the control of the U.S. government, while U.S. companies have the absolute advantage of dominance as the supplier in building Internet infrastructure.
The article anticipated that the dominance of cyberspace will shift to China due to the fact that China’s netizen population is three times that of the U.S. The main task for China is to finish improving its cyberspace security defense strategy. The article concluded that China also has an urgent need to finalize its top level national strategy so that it fits China’s capabilities and its growth trend. At the same time, it must come up with the proper strategy and wisdom to face competition in the cyberspace industry and in the media war.
Source: Qiushi Theory, February 22, 2014
http://www.qstheory.cn/zz/wwtj/201402/t20140220_322880.htm
Director of CCTV Chinese New Year Gala: The Leaders Must be Happy with the Programs First
During a recent interview with Portrait Magazine, Feng Xiaogang, a famous movie director and the chief director of the 2014 CCTV Chinese New Year Gala, said that he was not able to inject his personal style into the 2014 Chinese New Year Gala when he was the chief director. Feng said during the interview that “No matter what you wish to do, they always want you to follow their protocol. They claim that we must make the public happy. That is sheer nonsense. The prerequisite for the general public to be happy is that you must make the leaders happy because if the leadership is not happy, the public will not even get to see anything.” Feng also disclosed that the reason that he took this position this year was simply to return a favor he owed for the “Back to 1942” movie he directed in 2012.
[Editor’s Note: The CCTV New Year’s Gala also known as the Spring Festival Gala and commonly referred to by the abbreviation Chunwan (春晚), is a Chinese New Year special produced by China Central Television shown on the eve of the Chinese New Year. The program was criticized as having subtle political enhancements to glorify the progress China made under the leadership of the Chinese Communist Party. Since it was launched in 1983, the viewership of the program has continued to decline year after year.
Source: Xinhua, February 22, 2014
http://news.xinhuanet.com/politics/2014-02/22/c_126174516.htm
Wikipedia: http://en.wikipedia.org/wiki/CCTV_New_Year%27s_Gala
Xinhua: Royce, It Is Time to Change [Your] Old Brain!
Xinhua published a commentary on Congressman Ed Royce, Chairman of the U.S. House of Representatives Foreign Affairs Committee. Below is an excerpt from the article:
CRN: Air Defense Identification Zone Reflects the Strategic Battle between U.S. and China
China Review News reported from Washington on the U.S. response to China’s establishment of an air defense identification zone. The following is an excerpt from the report: