Archive for August, 2012

03/08/2012

* 20 Sentenced in Terrorism Case

NY Times: “China has sentenced 20 people to up to 15 years in prison for advocating violence and separatism in the western region of Xinjiang, where the central government has clamped down on dissent and restricted religious practices. The state-run newspaper Xinjiang Daily said Thursday that courts in the region had found that the 20 had organized and participated in terrorist groups. The courts said four of them made illegal explosives, the newspaper reported.

The report did not cite any violence linked to the defendants. It named only five people, all with Uighur names. Xinjiang is home to a large population of minority Uighurs but is ruled by members of China’s Han ethnic majority. Violence between the groups in recent years has left nearly 200 people dead. Dilxat Raxit, a spokesman for the exiled World Uyghur Congress, said that the accused used the Internet to obtain government-controlled information and to express political views. He said the terrorist charges and verdicts were politically motivated.”

via China – 20 Sentenced in Terrorism Case – NYTimes.com.

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03/08/2012

* Activists Trapped Between Government and Maoists

NY Times: “In one of India’s most violent internal conflicts, between Maoist rebels and government security forces, civil society activists appear to be collateral damage.

“Indian authorities and Maoist insurgents have threatened and attacked civil society activists, undermining basic freedoms and interfering with aid delivery in embattled areas of central and eastern India,” Human Rights Watch said in a report this week.

Through a broad swath of India, Maoist rebels, also known as Naxalites, have attempted to overthrow the government in an armed struggle that has its roots in a 1967 rural uprising. In the last two years, 1,611 people have died in a total of 3,968 incidents said to be related to the Maoist struggle.

As recently as last month, the police said they killed a group of Maoists in the dense forest of Chhattisgarh state, but civil rights activists demanded a judicial inquiry over what they called the slaughter of innocent tribal villagers.

The Human Rights Watch report said that grassroots activists who deliver development assistance and highlight abuses risk being targeted by security forces and Maoist insurgents.

“The police demand that they serve as informers, and those that refuse risk being accused of being Maoist supporters and subject to arbitrary arrest and torture,” the watchdog notes. “The authorities use sedition laws to curtail free speech and also concoct criminal cases to lock up critics of the government.”

The Maoists, on the other hand, frequently accuse activists of being informers and warn them against implementing government programs, according to the report.

“The Maoists have been particularly brutal towards those perceived to be government informers or “class enemies” and do not hesitate to punish them by shooting or beheading after a summary “trial” in a self-declared “people’s court” (jan adalat),” the report notes. It adds that this court in no way conforms to international standards.

The rights group said this report is based on more than 60 interviews with witnesses or those familiar with abuses in Orissa, Jharkhand and Chhattisgarh, from July 2011 to April this year.”

via Activists Trapped Between Government and Maoists – NYTimes.com.

See also: https://chindia-alert.org/prognosis/indian-challenges/

03/08/2012

* China Heads to Soccer Field

WSJ: “Chinese investors will take an undisclosed stake in one of Italy’s most famous soccer teams, and a Chinese construction company intends to erect a stadium for the club, in China’s latest step to raise its profile in Europe.

Europe’s soccer leagues have attracted Asian investors. Diego Milito, right, of Inter Milan in action Thursday.

Internazionale Milano SpA, also known as Inter Milan, said Thursday that a group of Chinese investors plans to buy a stake in the club to become its second-largest shareholder. The company didn’t disclose financial terms or the identities of the buyers.

Inter Milan also said that China Railway 15th Bureau Group Co., a company controlled by listed China Railway Construction Corp., 1186.HK -3.28% will build a stadium for the club that is expected to be completed by 2017. Inter Milan currently shares the San Siro stadium with rival team A.C. Milan, owned by former Italian Prime Minister Silvio Berlusconi.

China Railway Construction said in a filing that it isn’t part of the Chinese consortium buying the equity stake. It said its China Railway 15th Bureau unit is in talks with the team over building a soccer stadium and that it will make an announcement when a contract is signed.

The move is the latest by well-funded Asian investors into Europe’s soccer leagues. Hong Kong businessman Carson Yeung bought Birmingham City of the U.K.’s Premier League in 2009, and AirAsia Bhd. Chief Executive Tony Fernandes bought the Premier League’s Queens Park Rangers last year.

It also marks China’s latest step to win construction projects in the West, broadening from the country’s sizable role in big-ticket projects in Africa and other parts of the developing world.”

via China Heads to Soccer Field – WSJ.com.

See also: https://chindia-alert.org/2012/02/13/pattern-of-chinese-overseas-investments/

03/08/2012

* China-Made Electronics Pour Into India

WSJ: “India is more concerned than ever about its yawning trade gap with China, as The Wall Street Journal detailed in a front-page story today.

But it isn’t just the volume of trade that’s at issue. It’s the mix.

While India exports mostly raw materials to its neighbor, China is selling more sophisticated manufactured goods – translating into better profit margins and higher paying jobs for workers. That disparity underscores India’s lack of manufacturing capabilities – and, for some national security hawks, it’s raising questions about whether India is too reliant on its rival for vital technologies.

One clear example of the trend is electronics. Overall electronics-related exports from China to India jumped from $2.8 billion to nearly $12 billion in the five years ending March 31, 2011. Computer hardware from laptops to accessories like USB dongles accounted for $1.5 billion in China’s exports.”

via China-Made Electronics Pour Into India – China Real Time Report – WSJ.

03/08/2012

* China: The paradox of foreign education

BBC News: “There was a time when Chinese students who obtained higher education abroad were considered to be the most fortunate of their generation.

After graduating from elite universities in the US and Britain, they were virtually guaranteed the best career prospects upon their return.

Those students were colloquially referred to as sea turtles – returning home with the world on their backs.

But things are different now.These very students are now referred to as seaweed – washed up on the shore, with little or no prospect of finding work once they return home.

So why are foreign education qualifications not valued as highly as they once were?

“The reason employers valued them in the past has probably changed,” says the regional director of the specialist recruitment company Hays.

According to Simon Lance, the main turning point centres around speaking another language.

“Previously, studying abroad brought with it some very strong language skills,” he says.

But Chinese universities have come a long way in the past decade in the teaching of languages, and the skills obtained abroad are therefore less crucial.

Some people question whether it now makes sense to seek education abroad.

“If the expectation is that the qualification itself will automatically guarantee a high-paying job, then the answer is no,” says Mr Lance.

“But as part of a long-term career plan with a multinational company then it is a very good starting point,” he says.

However, Mr Lance also suggests any graduate studying abroad should seek work experience overseas as well.

“That would give them a much better competitive advantage when they return to China as opposed to just having the qualification itself,” he says.”

via BBC News – China: The paradox of foreign education.

02/08/2012

* India allows Pakistan investment

BBC News: “India has announced that it will allow investment from Pakistan in what is seen as a boost for bilateral economic ties.

The commerce ministry said a citizen or a company of Pakistan is permitted to make investments in India.

However, no such investments can be made in defence, space or atomic energy, the ministry said.

India and Pakistan resumed formal peace talks last year after they were broken off following the 2008 Mumbai attacks.

India blamed the attacks on Pakistan-based militants.

A commerce ministry release on Wednesday said all foreign direct investment proposals from Pakistan would need the clearance of the country’s Foreign Investment Promotion Board (FIPB).

“It is a great decision… Now Pakistan should also implement the most favoured nation (MFN) trading status to India,” Rajiv Kumar of the Federation of Indian Chambers of Commerce and Industry (FICCI) was quoted as saying by the state-run Doordarshan news channel.

Earlier this year, Pakistan indicated that it would offer India MFN trading status, which India has already extended to Pakistan.

The move is part of a pledge made last year to liberalise trade with India. Formal trade between the countries is worth $2.7bn a year, while informal trade, by way of smuggling, is believed to be three times that, experts say.”

via BBC News – India allows Pakistan investment.

Related articles

01/08/2012

Let us hope that the various calls for reform are genuine and sincere and not an attempt to ‘out’ pro-democrats in the manner of Chairman Mao’s “Let a hundred flowers bloom” call in the 50s that led to the anti-rightist movement and major purges that followed.

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01/08/2012

* Chinese military maintains world peace

Xinhua: “China’s Ministry of National Defense says the Chinese People’s Liberation Army makes an important contribution to maintaining world peace and regional stability.

Speaking at a press conference, spokesman Geng Yansheng says the PLA has established military level relations with over 150 countries and set up defense consultation dialogue mechanisms with defense ministries and armed forces 22 countries.

China has taken part in more than 50 joint exercises with armed forces of over 30 countries. All these have helped PLA boost friendly relations and mutual trust with their counterparts.

Geng Yansheng, Spokesman, Ministry of National Defense, said, “The PLA has actively taken part in the UN peacekeeping program. In total, it has contributed more than 20,000 personnel to conduct 23 UN peace keeping missions. This has made China the largest contributing country among the five permanent members of UN security council. It has successfully completed UN mandated peacekeeping missions, such as cease fire monitoring, conflict resolution, supplying transportation and offering medical support.””

via Chinese military maintains world peace – Xinhua | English.news.cn.

01/08/2012

* China approves Hanlong’s $1.3 billion bid for Australia’s Sundance

reuters: “China has approved Hanlong Mining’s long-delayed $1.3 billion takeover bid for Australian iron ore developer Sundance Resources (SDL.AX), a vote of confidence for a sector grappling with falling prices and weak demand as the global economy cools.

Sundance Resources Limited

Sundance Resources Limited (Photo credit: Wikipedia)

Hanlong, which already owns 17 percent of Sundance, wants the company for its $4.7 billion Mbalam iron ore project on the border of the republics of Congo and Cameroon in western Africa. The region is seen as a major new source of iron ore that could cut China’s dependence on Australia and Brazil.

“We have gotten approval from the National Development and Reform Commission. It was approved yesterday,” a media officer from Hanlong told Reuters on Wednesday.

With the approval from the top economic planner, Hanlong now needs finance from China Development Bank to complete the deal that was agreed a year ago, when the iron ore price outlook was far more positive.

The deal’s lengthy delays had pointed to China’s reluctance to make big bets on risky resources projects offshore amid uncertainty over economic growth at home.

China, the world’s second-largest economy, has seen six consecutive quarters of slower growth and commodity stockpiles mushroom, weighing on prices.

Iron ore prices are languishing near their lowest level in more than two and a half years.

Under the agreement, Hanlong must secure China Development Bank’s blessings by Aug 31 to buy the shares it does not already own at A$0.57 per share, valuing the company at A$1.74 billion.

Media reports in Australia on Wednesday said Hanlong had reduced the deal to 50 cents a share and Sundance board was expected to recommend the new offer. It was not immediately clear whether the offer had been cut. A Sundance spokeswoman declined to comment.

Sundance shares last traded at A$0.335 cents, 41 percent below Hanlong’s offer, reflecting concerns the deal would not proceed. The stock was placed on a trading halt on Tuesday.

Australia’s Foreign Investment Review Board approved Hanlong’s bid for Sundance in June.”

via China approves Hanlong’s $1.3 billion bid for Australia’s Sundance | Reuters.

See also: https://chindia-alert.org/2012/02/13/pattern-of-chinese-overseas-investments/

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