HSBC February PMI Number Reached a Four-Month Low
CRN: China Is Tightening Its Currency Policy
Scholar: 80 Percent of China’s Sludge Not Processed
He Yue, a professor from China’s Tianjin University, recently said that, according to the China’s Sludge Treatment and Disposal Market Analysis Report, China’s annual urban sewage treatment capacity is equivalent to the total storage capacity of the Three Gorges Reservoir. However, 80 percent of the sludge from this "reservoir" is not dealt with, easily causing secondary pollution to the environment. "A large amount of toxic and harmful sludge has become a time bomb for the urban environment." He said that the sludge contains nitrogen, phosphorus, potassium, heavy metals, parasite eggs, and germs. It will not only endanger the environment of the underground water, rivers, and farmland, but also human health through the food chain. "China’s sewage treatment industry has developed rapidly, but the byproduct sludge has not been disposed of reasonably and safely." He said, this "sewage reservoir" produces nearly 22 million tons of dewatered sludge annually, of which only 20 percent receives the necessary processing. It has been estimated that by 2020 China will see as much as 60 million tons of sludge per year.
Source: People’s Daily, March 4, 2013
http://politics.people.com.cn/n/2013/0304/c70731-20660367.html
Chinese Space Scientist: Chang’e 3 Mission to Launch in 2013
China’s National Space Administration has scheduled a launch of the Chang’e 3 for a lunar exploration mission in late 2013. According to Ye Peijian (叶培建), a space scientist and the chief engineer for the program, the mission will operate by incorporating a robotic lander and a rover; it is part of the second phase of the Chinese Lunar Exploration Program.
This will be China’s first lunar rover and the first spacecraft to make a soft landing on the Moon since the Soviet Luna 24 mission in 1976. It is named after Chang’e, the Chinese goddess of the Moon and is a follow-up to the Chang’e 1 and Chang’e 2 lunar orbiters. Chang’e 3 will perform tasks that include a soft landing on the Moon, lunar surface exploration, survival on the lunar surface, deep space communications, remote operations, and a carrier rocket directly entering the Earth-Moon transfer orbits. The Chang’e 3 lander is said to be carrying an astronomical telescope and an extreme ultraviolet camera. The rover is said to be carrying radar for lunar exploration.
Source: Xinhua, March 3, 2013
http://news.xinhuanet.com/2013lh/2013-03/03/c_114868837.htm
Sanctioned Chinese Firm Profits from Transactions with Iran
Li Fangwei, also known as Karl Lee, the person-in-charge of the operation of the Dalian Metallurgy & Minerals Co., a firm sanctioned by the U.S. for exporting missile parts to Iran, is still making millions in profit from the company’s transactions. Several officials responsible for overseeing the Western countries and the United Nations sanctions said that, since 2009, when he was sued by the New York District Attorney, Li Fangwei has received at least US$10 million in profit from illegally trading with Iran.
Trade sanctions are the major means for the international community to stop Iran from developing its nuclear weapons program. Li has been accused of continuing his company’s illegal provision of materials to Iran. This may be related to Iran, which is very clever at evading the international sanctions and may also be related to China’s export restrictions policy. Although it is difficult to quantify the support that foreign companies and individuals have provided to Iran’s nuclear and missile program, analysts believe that Iran cannot independently manufacture some important components.
Li told Reuters that Iran continues to propose the commercial requirements to him, but he provides only legitimate goods, such as iron and steel products. Li also denied the charge that he has sold any missiles or nuclear related products since a few years ago, when the United States began the sanctions against Iran. However security officials overseeing the United Nations’ sanctions accused Li of adopting deceptive means to continue these illegal transactions with Iran, including changing the company’s name in order to sell Iran advanced alloys, Chinese or foreign-made uranium enrichment, and missile parts. China’s Foreign Ministry spokesperson said that China has always abided by international regulations on trade restrictions.
Source: BBC Chinese, March 1, 2013
http://www.bbc.co.uk/zhongwen/simp/china/2013/03/130301_china_iran.shtml
China’s Defense Ministry Claims U.S. Hackers Frequently Attack Chinese Military Websites
On February 28, 2013, China’s Defense Ministry held a press conference at which its spokesperson, Geng Yansheng, claimed that hackers from the United States have launched frequent attacks against China’s military websites. Geng stated, “In 2012, according to the IP addresses of the display, the websites of China’s Ministry of Defense and military newspaper PLA Daily suffered attacks from the outside on an average of 14.4 million time per month. Attacks from the United States accounted for 62.9 percent of the total.”
CASS: 80 Percent of Poor Families Did not Receive Low Income Subsidy
The China Academy of Social Sciences (CASS) recently released its 2012 Social Security Green Book, reporting the results of a survey it had conducted. Close to 80 percent of the households surveyed, who were at the poverty level, did not receive a low income subsidy. The survey was conducted in five provinces. Of the 8,777 surveys returned, 23.5 percent were from households at the poverty level. The results also revealed that over 60 percent of those that received a low income subsidy were not households at the poverty level. However, close to 80% of the households that were in poverty did not receive any low income subsidy.
Source: The Beijing News reprinted by People’s Daily, February 24, 2013
http://politics.people.com.cn/n/2013/0224/c70731-20579608.html