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All posts by RWZ - 323. page

Global Times: Anti-Spy Manual Focused on US, Japan and Taiwan

Global Times, under the Chinese state daily news publication Renmin, recently republished a report by the World Journal, a U.S. based Chinese language newspaper partially funded by the Chinese government. The report mentioned a manual that has been widely spread online, “western spies around Chinese people everyday,” 

The manual ranks the U.S. “anti-China” spies at the top level and Western European spies as second. Taiwanese spies under cover as “students” need attention too. It also classifies the spies into government funded and non-government funded.

Due to the fact that the West has recently increased the number of Chinese spies, the article reported that Global Times called for striking back with more exposure of foreign spies.

Source: Global Times, June 12, 2009.
http://china.huanqiu.com/eyes_on_china/military/2009-06/487124.html

Briefings | | |   Government/Politics

Xinhua: The Chinese Academy of Sciences Points Out Strategic Space Technology Targets

On June 10, the Chinese Academy of Sciences published the Chinese Technology Roadmap Towards 2050. The Roadmap includes three strategic targets of Space Science and Technology: (1) Space Science targets major breakthrough in frontier scientific areas such as black holes; (2) Space Application targets earth observation infrastructure; (3) Space Technology targets bottleneck technologies such as high resolution and high precision time space datum, miniaturized and self-guided spacecrafts, and manned space missions.

Source: Xinhua Net, June 10, 2009.
http://news.xinhuanet.com/society/2009-06/10/content_11521661.htm

Briefings | | |   Information/Technology

Study Times: Network-Centric Warfare Will Dominate Future Battlegrounds

Study Times, the CCP Central Party School’s newspaper, recently published an article stressing the importance of Network-Centric Warfare (NCW). It claimed that the U.S. DOD is undertaking plans to enhance the NCW capabilities of the U.S. Armed Forces, which includes the plan to establish an NCW Command Headquarters.

The article stated that the fact that NCW changes competition spaces and basic rules is no longer a theoretical argument. It actually was realized under certain conditions and produced encouraging results. Change is unavoidable, and the article suggested applying a new mindset to military reforms.

Source: Study Times, June 8, 2009.
http://www.studytimes.com.cn/WebPage/ny1.aspx?act=1&id=2704&nid=9819&bid=7&page=1

Briefings | | |   Defense/Military

China News: Calling for Chinese Oil Futures for the Power of Setting International Oil Price

China News, a state owned and internationally oriented Chinese news agency, recently reported on the idea of having Chinese oil futures. The Chairman of the China Securities Regulatory Commission and the Deputy Mayor of Shanghai delivered speeches that indicated the State Council intended to introduce crude oil, gasoline, diesel and asphalt futures at the Shanghai Futures Exchange. The Exchange has been pushing the oil futures for quite some time and the system is ready. However, the Chinese oil industry is highly centralized and the related oil companies are not willing to give up the pricing monopoly. Another major barrier is foreign exchange control, which prevents international players from participating in the commodity trade.

Source: China News, June 2, 2009.
http://www.chinanews.com.cn/cj/cj-gncj/news/2009/06-04/1719401.shtml

Briefings | | |   Economy/Resources

Qiu Shi: Globalization, Financial Crisis and International Cooperation

Qiu Shi, a magazine by CCP Central Committee, published an article on global economies by Professor Zhang Boli, a member of the Administrative Council of the CCP Central Party School. The article suggested that the solution to the global financial crisis is international cooperation. Aspects of the suggested cooperation include: establishing a healthy global economic and financial system; restraining protectionism; enhancing financial supervision and control; reforming the international currency system; and strengthening regional economic cooperation.

Source: Qiu Shi, June 1, 2009.
http://www.qsjournal.com.cn/qs/20090601/GB/qs%5E504%5E0%5E26.htm

Briefings | | |   Economy/Resources

Deutsche Welle: CCP Structural Change – College Graduates Join the Party to Get Better Jobs

Deutsche Welle recently published a digest article based on a report by Friday Weekly – a Hong Kong based magazine. The report focused on female college graduates who are applying for Communist Party membership. The students believed that the structure of the Party is changing due to the fact that 30% – 50% of students apply for Party membership. Although the students generally find the Party’s theories very boring, they are interested in better job opportunities. The Party welcomes young idealists with outstanding academic records and leadership capabilities – though the students are often just acting to demonstrate these qualities.

Source: Deutsche Welle
http://www.deutsche-welle.de/dw/article/0,4307287,00.html

Briefings | | |   Government/Politics

Beijing News: Cheap Labor is the Chinese Economy’s Achilles’ Heel

Beijing News recently published an article by well known scholar Ma Guangyuan on the cost of Chinese labor. The article quoted the results of a study by the Chinese central bank. In Dongguan, a major manufacturing city in Guangdong Province, the minimum wage standard went up from RMB 350/month in 1994 to 770/month in 2008 – an annual increase rate below 5%.

The article pointed out that the "miracle" of the "Chinese Model" is obviously built on a "low wages in exchange for profit" basis. As a result, consumer spending remains low. For the past 30 years, the average annual increase in China’s GDP rate has been far higher than the increase in the rate of consumer income. Cheap labor is more of an Achilles’ heel than the "core competitive advantage" of "Made in China". 

Source: Beijing News, May 30, 2009.
http://www.thebeijingnews.com/comment/letters/2009/05-30/008@013649.htm

Briefings | | |   Economy/Resources

VOA: Hidden Danger Revealed in Carrying Out the RMB 4000 Billion Stimulus Package

Voice of America published an article about the Chinese Stimulus Package based on reports by the Chinese State Auditing Administration. The auditing publication revealed issues on the how the spending effort was completed. Some investments were used for monetary speculation. Some funds were not actually delivered to the intended projects. Small and medium sized businesses were left behind. By the end of March, based on audit results covering 335 new projects in 18 provinces, the Central Government delivered 94% of the promised funds while only 48% of corresponding local investments were actually completed. The US agency Stratfor Global Intelligence suggested that, the Chinese Stimulus Package can help the economy in the short term at the cost of a long term solution.

Source: VOA, May 20, 2009.
http://www.voanews.com/chinese/n2009-05-20-voa2.cfm

Briefings | | |   Economy/Resources