Chinascope – Page 984

We do not fight a battle unprepared

On January 10, 2012, China Review News reprinted an article from Xinhua about China’s military preparedness. The article includes commentaries from Luo Yuan, the Vice Secretary-General of the China Military Science Research Association and from Ted Carpenter, a senior fellow at the Cato Institute in the United States.

Luo Yuan believes that the purpose of the U.S. returning to the Asia-Pacific area is to curb and contain China’s rise. He said that China must learn how to “dance with the wolf,” and while in the process of modernizing China’s defenses, be cooperative and defensive at the same time. “We do not fight a battle unprepared, an uncertain battle, or a battle not worthwhile. If we fight a battle, we will hurt you badly and beat you down convincingly.” Ted Carpenter believes that China’s military modernization is logical; but he suggested that China not release any irritating statements so as to avoid unfavorable responses from the U.S.

Source: China Review News, January 10, 2012
http://gb.chinareviewnews.com/doc/1019/7/3/1/101973190.html?coluid=6&kindid=27&docid=101973190&mdate=0110125009

Briefings | | January 11, 2012 | Defense/Military

Scholar Calls for More Research on the U.S.

International Herald Leader, a newspaper under Xinhua News Agency, published an article on January 9, 2012, titled “More Researches Should Be Conducted on the Fatal Flaw of the United States.” The author of the article is Mr. Sun Zhe, a professor and director of the Center for US-China Relations, Tsinghua University. Sun suggested that the U.S. high-profile involvement in the South China Sea and President Obama’s criticism of China is normal. Having met many Americans including the U.S. vice president, former senior politicians, and think tank scholars, Sun concludes that the Americans are increasingly viewing China as a threat to the United States.

“The more China is viewed as a country that will surpass the U.S. in GDP, the more we must be modest and be aware of our shortcomings.” To outwit the U.S. diplomatically, Sun suggested doing more academic research exchanges so as to better understand the U.S. and China.

Source: International Herald Leader, January 9, 2011
http://news.xinhuanet.com/herald/2012-01/09/c_131344109.htm

Briefings | | January 11, 2012 | US-China Relations

CRN: China Needs Confidence in Handling the South China Sea Situation

China Review News (CRN) recently published an official commentary on the “chaos” in the South China Sea. The commentary started with an analysis of the different strategies Vietnam and the Philippines have been using. In the territorial disputes that occurred in 2011, the two countries attacked China’s position, thus bringing more heat to the issue. The commentary suggested that the “behind-the-scenes shadow” of the United States was there each time the situation worsened. China’s neighbors are actively improving their military capabilities. In addition to that, threatening China with their “public opinions” has become a quick new way to create more trouble for China. The commentary called on China to have “very strong” Chinese confidence as well as to take decisive steps in response to the challenges that the regional political forces impose.

Source: China Review News, January 4, 2012
http://gb.chinareviewnews.com/doc/1019/6/2/1/101962112.html?coluid=1&kindid=0&docid=101962112&mdate=0104000351

Briefings | | January 10, 2012 | Geo-Strategic Trend

Head of Xinjiang: Xinjiang Military Must Safeguard National Security and Stability

Zhang Chunxian, the Chinese Communist Party’s (CCP’s) Party Secretary of Xinjiang and the First Secretary of the Xinjiang Military Region requested that the Xinjiang military “defend the highest national interest” and “safeguard national security, the border, ethnic group unity, and social stability.” “Facing the complicated anti-separatist struggle, the military stationed in Xinjiang must continue to develop its quick response capability, to be able to ‘ensure success when fighting against terrorists, to ensure peace when maintaining stability, to ensure effective results when handling conflicts, and to ensure safety when patrolling.’”

Source: China Review News, January 8, 2012
http://gb.chinareviewnews.com/doc/1019/7/0/3/101970384.html?coluid=151&kindid=0&docid=101970384&mdate=0108120046

Briefings | | January 9, 2012 | Defense/Military

Interpreting Wen Jiabao’s Speech at the National Conference on Financial Work

China Review News (CRN) commented on Wen Jiabao’s recent speech on financial reform given at the National Conference on Financial Worik held in Beijng. Wen “suggested breaking the (state-owned banks’) monopoly and encouraging private money to enter the financial service field.” The speech also highlighted that the government’s work would be to “improve confidence in the stock market” in 2012.

A few points that Wen’s made in his speech:

1. “China has steadily advanced the international status of the Renminbi (RMB). China has signed a total of 1.3 trillion yuan (U.S. $200 billion) in bilateral currency swap agreements. The amount of cross-border trade in RMB has reached 2.6 trillion yuan (U.S. $400 billion).”

2. “We must acknowledge that the global financial crisis is not over yet. We must improve our sense of crisis and sense of responsibility, and prepare for adversity during times of prosperity."

3. Wen stressed that financial services should move to the real economy and stop “using money for speculation.” For the real economy, Wen wants to “effectively solve the hard-to-obtain-financing problem and the too-expensive-to-obtain-financing problem…”

4. Wen listed “guard against and mitigate the local government’s debt risk” as one of eight measures for China’s financial reform.

Sources
1. Xinhua, January 7, 2012
http://news.xinhuanet.com/video/2012-01/07/c_122551507.htm
2. China Review News, January 8, 2012 http://gb.chinareviewnews.com/doc/1019/7/0/2/101970247.html?coluid=10&kindid=253&docid=101970247&mdate=0108105700

Briefings | | January 9, 2012 | Economy/Resources

Wen Jiabao’s Speech at the National Conference on Financial Work

Wen Jiabao attended the National Conference on Financial Work China held in Beijing on January 6 and 7, 2012, and gave a speech, which listed eight measures for China’s financial reform:

1. Provide more good-quality financial services for society’s economic development.
2. Deepen the reform of financial organizations.
3. Strengthen and improve financial oversight and prevent systematic financial risks.
4. Guard against and mitigate the local government’s debt risks.
5. Improve the development of the capital market and the insurance market.
6. Improve the financial macro-control system.
7. Expand the opening of the financial industry (to the world) and improve the capabilities to allocate financial resources and safeguard the level of protection for financial security.
8. Strengthen the development of the financial infrastructure and improve the environment for financial development.

Source: Xinhua, January 7, 2012
http://news.xinhuanet.com/video/2012-01/07/c_122551507.htm

Briefings | | January 9, 2012 | Economy/Resources

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

Xinhua Commentaries: “Exposing the Three Major Political Deficits of the U.S.”

The CCP’s Performing Arts Troupes in the U.S.