Chinascope – Page 871

Xinhua: Shale Gas Revolution Was One Focal Point of the Boao Forum

Xinhua recently reported that shale gas was a hot topic at the Chinese government sponsored high profile forum – the Boao Forum. The U.S. success story of the “Shale Gas Revolution” demonstrated how the United States could rapidly get very close to energy self-sufficiency. In 2011, China surpassed the U.S. to become the world’s largest energy consumer. China is eager to “copy” the success. Multiple parties attending the Boao Forum expressed strong interest in taking this agenda further, including representatives from the U.S. State Department and Department of Energy, U.S. banks such as Merrill Lynch, U.S. energy companies, China’s central government, and both Chinese state-owned and private energy companies. However technical difficulties that are specific to China were also discussed. The United States is currently the largest controller of shale gas development related technologies. The Chinese government has already put out invitations for possible bidders for shale gas exploration rights in China.

Source: Xinhua, April 7, 2013

http://news.xinhuanet.com/fortune/2013-04/07/c_124544812.htm

Briefings | | April 9, 2013 | Economy/Resources

CRN: Clear Road Map Needed for Upgrading China’s Economy

China Review News (CRN) recently published a commentary discussing how to realize Chinese Premier Li Keqiang’s “Upgrading of the Chinese Economy.” The commentary suggested that Li apparently acknowledged concerns about the low efficiency and the high risks associated with the current Chinese economy. The commentator referred to a large quantity of data to demonstrate the “as-is” version of the economy as well as the “to-be” version, which is based on world leaders like the United States. However, the pathway between the two ends remains uncertain. The author offered some suggestions focusing on areas like financial market reform, research and design, system integration, privatization, high-end manufacturing, and new government policies. The article called for a clearer road map for the “Upgrade.”

Source: China Review News, April 4, 2013

http://www.zhgpl.com/doc/1024/9/1/2/102491286.html?coluid=53&kindid=0&docid=102491286&mdate=0404080734

Briefings | | April 9, 2013 | Economy/Resources

Dead Fish Found in Rivers in Shanghai

People’s Daily reported that, starting at the end of March, dead fish have been found in the Si Jing Tang River in the Songjiang District of Shanghai. The number has continued to grow until, in recent days, it reached over a thousand dead fish found within one hundred meters (328 feet) of the river. It has caused concern over the safety of the drinking water in the area. The Authorities in the Songjiang district claim that the water quality remains normal and an investigation is being conducted into the cause.

Source: People’s Daily, April 7, 2013
http://society.people.com.cn/n/2013/0407/c86800-21045466.html

Briefings | | April 8, 2013 | Economy/Resources

Volume of Used Home Sales Dropped 50 Percent in Beijing

On March 30, 2013, the Beijing Municipal government introduced new measures to cool off the overheated real estate market. The measures included limiting unmarried singles to owning no more than one home and imposing a 20 percent capital gain tax on those who own multiple homes.

Xinhua reported that, as of April 7, the statistics showed that the transaction volume for used homes was down 50 percent compared with the week prior to the measure being introduced. Experts speculated that the slowdown was because both buyers and sellers are delaying their decisions as the result of the new measures. It is expected that the used home market may loosen up in the next six months.

Source: Xinhua, April 7, 2013
http://news.xinhuanet.com/fortune/2013-04/07/c_115294819.htm

Briefings | | April 8, 2013 | Economy/Resources

Qiushi Theory Commentary on Xi Jinping’s “China Dream”

On April 5, Qiushi Theory carried a commentary on Xi Jinping’s “China Dream” ideology. The commentary stated that in order to properly manage a giant country like China, no one can afford to make mistakes and cause instability. “…only when we properly take one step at a time to solve the issues and move forward with reform can we ensure that we are taking the right path to lead the country.” The commentary also called for the new administration to take action to "improve governance, resist corruption, curb housing price increases, reduce the disparity between the rich and poor, and deal with environmental issues." The commentary concluded that, in order to reach Xi’s China Dream, China must follow the path that has Chinese characteristics.

Source: Qiushi Theory, April 5, 2013
http://www.qstheory.cn/yw/201304/t20130405_221205.htm

Briefings | | April 8, 2013 | Government/Politics

Editorial: China Needs to Improve Its Ability to Adapt to the North Korean Nuclear Problem

China’s state media published an editorial discussing China’s position in the escalating North Korea nuclear crisis. The article said the following about China’s part:

“On the North Korea nuclear issue, China is in a ‘normal passive’ position. That is to say, China’s passivity is not more serious than that of any other country in the region. There are no true ‘active countries.’ China needs to further increase its national power, including its military and economic power. China’s continual accumulation of power will eventually ease the current embarrassment substantially and China will have more flexibility strategically.

“China should also continue shouting the slogans for the denuclearization of the peninsula. As long as we no longer seriously pursue it, it will be a lot easier. China’s strategic goal should be that a big war does not occur on the Peninsula.

“All kinds of accidents will happen on the Korean peninsula in the future. China does not have the ability and will not have the opportunity to prevent them from happening. We can only continue to get more resilient from the accelerated growth of our national strength.”

Source: Huanqiu, April 3, 2013/4/4

http://opinion.huanqiu.com/editorial/2013-04/3792108.html

http://military.people.com.cn/n/2013/0403/c1011-21011531.html

Briefings | | April 5, 2013 | Defense/Military

China’s Rivers May be Disappearing

China’s Ministry of Water Resources and the National Bureau of Statistics (NBS) released the first official survey on the nation’s water resources. According to the survey, China’s rivers may be disappearing. The survey shows that China has 45,203 rivers that each cover an area of at least 50 square kilometers and 22.909 rivers that each cover an area over 100 square kilometers.

Pang Jinwu, representative of the China’s Ministry of Water Resources, stated that the survey corrected some statistics that had been used since the 1950s. For example, based on the estimates of the experts in 1950s, China had over 50,000 rivers that each covered an area of at least 100 square kilometer. That number was more than double the figure from the first official survey.

Source: Xinhua, March 27, 2013
http://news.xinhuanet.com/politics/2013-03/27/c_115183982.htm

Briefings | | April 5, 2013 | Economy/Resources

China’s Reaction to Trump’s Election Win

Xinhua Commentary Series: Spotlight on the U.S. Presidential Election

Wu Guoguang: Xi Jinping’s Reversal of the Course, Will China’s Transition be Peaceful or Marked with Bloodshed?

Cheng Xiaonong: U.S.-China Strategic Relations Have Crystallized