Archive for May, 2013

27/05/2013

* Why British schools are a Chinese mecca

The Times: “China’s wealthiest parents want their kids to have a rounded education, in Britain. We go school hunting with them

A group of Chinese parents tour Kingswood School, Bath

On a leafy road high on a hill overlooking Bath, a coach pulls over and 34 Chinese people pile out. Spilling across the road, heedless of the traffic, they start taking photographs and pointing at the imposing crenellated roofs and stained-glass windows of the 19th-century buildings in front of them.

A minder tries to corral them, but he might as well be a herder of cats. “It’s a bit like trying to control children,” says an onlooker. The minder shakes his head. “Worse! Children do as they are told. These people don’t.”

“These people” are members of the wealthy Chinese elite and they are on a mission. Their arrival at Kingswood School is the latest stop on a week-long tour of our nation’s most prestigious public schools. They are here seeking the best education that money can buy.

The popularity of our private education among rich Russians has been well documented. But mainland Chinese are now the second-biggest group of overseas students at British schools, after those from Hong Kong.

There are almost 25,000 non-British students, with parents living overseas, at British schools, and nearly 4,000 are from mainland China. “It’s the biggest growth market,” says Ian Hunt, the managing director of Gabbitas, the education consultancy.

Gabbitas, founded in the 19th century in order to recruit teachers for public schools, numbers H.G. Wells, Evelyn Waugh, Sir Edward Elgar, Amy Johnson and Sir John Betjeman among its long list of hires. Today, it still places teachers, but its core business is in tutoring pupils for entrance to independent schools. It has offices in London, Russia, Japan, South Korea and two in China, in Shanghai and Guangzhou, with a third opening next month in Wenzhou.

Chinese connoisseurs are snapping up Western art and fine French wine, and now they are keen to buy what they regard as another of the world’s most exclusive products: a British education. This week’s tour has already taken them to prep schools, including the Dragon School in Oxford and Caldicott School, Berkshire, and senior schools, such as Abingdon School and Eton College.

For a glimpse as to where these schools might eventually lead, they were shown around Christ Church College, Oxford.”

via Why British schools are a Chinese mecca | The Times.

26/05/2013

* Chinese dream is dream of whole humanity: Nepal’s former PM

English: Mr. Baburam bhattarai the 35th Prime ...

English: Mr. Baburam bhattarai the 35th Prime Minister of Nepal. (Photo credit: Wikipedia)

Xinhua: “Nepal‘s former Prime Minister and Vice-Chairman of Unified Communist party of Nepal (Maoist) Baburam Bhattarai said that Chinese dream is a dream of whole humanity as well as of Nepalese people.

 

The former prime minister, who is known as a Communist ideologue in his party, said in a recent exclusive interview with Xinhua, that Chinese dream is a dream of oppressed humanity of the world who has been dominated by foreign power for more than 200 years.

Referring to the significance of Chinese dream, Bhattarai said China has to play a leading role to bring peace, stability and development in the world.

In the interview, he said focus of development is now shifting to east and south Asia and China is going to lead that process through its new dream.

Comparing Chinese dream with American dream, the 59-year-old Maoist leader, said the earlier so-called western dream was the domination of world in the colonial form or neocolonialism form.

“But Chinese dream is ending of that domination and granting freedom to all people of the world and ensuring peace, prosperity and democracy to all. So Chinese dream is fundamentally different from the older day’s dream of the western world,” he opined.

The former Prime Minister Bhattarai who is known as architect of social and economic development said Chinese dream will contribute towards economic prosperity of Nepal and will ensure national independence and sovereignty as well.

Asked about Nepal’s dream, the Maoist leader who is second in command in his party, and also the key strategist during the ten- year-long people’s war, said after gaining political stability our dream of building a prosperous and develop Nepal will be realized.

“If there is political stability here and if there is correct political leadership, and if there is well balanced relations with our neighboring countries China and India, then we can develop and we can realize our dream,” said Bhattarai.

He said that after promulgation of a new constitution, Nepal will invite economic investment from both China and India and then will try to have some joint projects with both India and China.

“In that way gradually this dream of trilateral cooperation and Nepal emerging as a vibrant bridge between India and china will be realized,” he said.

Asked about the India’s unwillingness to strike a trilateral cooperation between Nepal, India and China, who gained his higher education from India said a section of people everywhere gets skeptical.

“I believe even in India, this opinion is slowly gaining momentum and soon there will be massive moments to have good relation between India and China and have a trilateral relation between Nepal. It will take some time but ultimately it will be realized, Bhattarai said.”

via Chinese dream is dream of whole humanity: Nepal’s former PM – Xinhua | English.news.cn.

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26/05/2013

* Could We Have an Indian Dream?

WSJ: “Everyone has heard of the American Dream. It promises equal opportunities and the chance for everyone to prosper through hard work. It is meant to be inclusive, and Indians are certainly among various groups to have shared in it.

It now seems there is a Chinese Dream, too. Xi Jinping has already mentioned the term several times in speeches since he became president in March. Smaller nations like Qatar and New Zealand have also recently stated their national dreams, and now even Vanuatu is striving for one.

Surely India – a vast, populous country and possible powerhouse of the 21st Century – needs its own dream. It’s not just a matter of being left out. Collective dreams are necessary to hold a people together, to inspire, to get everyone pushing in the same direction.

India had a national dream before 1947. That dream was to become an independent country, and it came true. But things have become a bit fuzzy since then. Today, if you asked someone on the street what India’s national dream is, they wouldn’t know. If you asked a politician, he may talk about it for an hour, but in the end neither he nor you would know.

The word “dream” captures the imagination, but frankly what we’re talking about is a vision that is grounded in reality, something actionable.”

via Could We Have an Indian Dream? – India Real Time – WSJ.

See also: https://chindia-alert.org/2013/05/03/xi-jinpings-vision-chasing-the-chinese-dream/

26/05/2013

* Sonia Gandhi ‘devastated’ by India Chhattisgarh ambush

BBC: “The president of India’s Congress Party, Sonia Gandhi, has said she is “devastated” by Saturday’s attack on party officials in Chhattisgarh state.

Sonia Gandhi (R) and PM Manmohan Singh in a hospital in Raipur (May 26 2013)

At least 24 people were killed, including Chhattisgarh Congress chief Nandkumar Patel, his son, and local leader Mahendra Karma, when suspected Maoist rebels ambushed their convoy.

Mrs Gandhi visited some of the wounded with PM Manmohan Singh on Sunday.

The prime minister said India would “never bow down” before the rebels.

He denounced the “barbaric attack” which he said should be an inspiration in the fight against extremism and violence.

Unconfirmed reports said they were unable to visit the scene of the attack because of security concerns.”

via BBC News – Sonia Gandhi ‘devastated’ by India Chhattisgarh ambush.

See also: https://chindia-alert.org/political-factors/indian-tensions/

25/05/2013

* Restraint is the new red in China

The message for restraint and austerity flies in the face of the need to rebalance the economy from a manufacturing/export led one to a consumer led one.

LA Times: “President Xi Jinping is pressing the Communist Party’s elite to cut back on lavish living amid growing public resentment. The economic effect is far-reaching.

Men pass a billboard outside a mall in Beijing this month.

BEIJING — Exports of elegant Swiss watches to China have plunged. Sales of Mercedes-Benz and other premium sedans are slowing. And high-end restaurants, coming off their worst Chinese New Year festival in years, are starting to change their menus to lure ordinary families.

At a Montblanc shop in downtown Beijing, sales clerks recall the days when they rang up as many as 10 of the top-selling fountain pens every day. And never mind the $1,400 price tag: The platinum-plated pen capped with a half-carat diamond was a particular favorite. Nowadays the store sells one such pen every two to three days, said a saleswoman surnamed Ren, adding sadly that her pay is commission-based.”

via Restraint is the new red in China – Los Angeles Times.

See also: https://chindia-alert.org/2013/04/19/chinas-growth-the-making-of-an-economic-superpower-dr-linda-yueh/

25/05/2013

* Xi pledges to safeguard the environment

China Daily: “China will never pursue temporary economic growth at the expense of environmental degradation, President Xi Jinping vowed on Friday.

Xi Jinping 习近平

Xi Jinping 习近平 (Photo credit: Wikipedia)

“Those who made rash decisions regardless of the ecological environment, resulting in serious consequences, must be brought to account, and should be held accountable for a lifetime,” he said.

“Only by implementing the strictest system and the most stringent rule of law can we provide reliable protection for ecological civilization.”

Xi was speaking during a group study session attended by members of the Political Bureau of the Communist Party of China Central Committee and environmental scholars.

Meng Wei, head of the Chinese Research Academy of Environmental Sciences and an academician at the Chinese Academy of Engineering, was one of the two key lecturers at the session.

He told China Daily that by using the words “held accountable for a lifetime”, Xi is referring to both requirements and inspirations.

“Officials are responsible for benefiting the people within their regions, not only in terms of gross domestic product, but also with green hills and clean water,” Meng said. “Maintaining a good ecological environment should also be taken into account as part of officials’ political achievements.”

Xi reaffirmed the importance of balancing economic development and environmental protection, calling for an overall plan for land development, and for a scientific distribution of production, living and ecological space, leaving more room for nature to repair itself.

He emphasized the urgency of implementing major ecological restoration projects, and of enhancing ecological production capacity.

He said the idea of guarding the bottom line of national ecological safety should be firmly established.”

via Xi pledges to safeguard the environment |Politics |chinadaily.com.cn.

See also: https://chindia-alert.org/economic-factors/greening-of-china/

25/05/2013

* Guangzhou rice scare shows open government remains elusive

SCMP: “Cover-up of cadmium scandal reveals authorities’ reluctance to comply with 2007 rule on non-classified information

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Guangzhou rice scare shows open government remains elusive

Many Guangzhou residents have been worried and angry for more than a week after being told that nearly half the rice they buy from local markets may contain excessive levels of cadmium, a carcinogenic heavy metal.

The city’s Food and Drug Administration said on May 16 that it had checked 18 batches of rice between January and March and had found cadmium levels in eight of them exceeded the national food safety standard.

But it declined to disclose any information about the tainted rice, such as where it was produced and by which brands. The food-safety watchdog said it was “inconvenient” to share the information with the public but did not explain why.

The cover-up sparked a national outcry. Even some state-owned media criticised the regulator, saying the refusal to disclose the information was a crime.

After coming under a great deal of pressure, the watchdog disclosed the names of the rice producers last Saturday, but still refused to detail the amount of tainted rice sold.

The Guangzhou case is merely the tip of the proverbial iceberg in showing how reluctant mainland officials are to allow open access to government data.

The Regulations on Open Government Information, introduced by Beijing in 2007, say all levels of local government should make their non-classified information public.

The regulations set clear standards for the format authorities should follow when publishing and organising the data on their websites, because of concerns that members of the public would otherwise be unable to find the information they were looking for.

But six years later, mainland officials remain reluctant to publicise such information.”

via Guangzhou rice scare shows open government remains elusive | South China Morning Post.

25/05/2013

* China Plans to Reduce the State’s Role in the Economy

NYT: “The Chinese government is planning for private businesses and market forces to play a larger role in its economy, in a major policy shift intended to improve living conditions for the middle class and to make China an even stronger competitor on the global stage.

Li Keqiang, China’s prime minister, said the nation would reduce the state’s role in the economy in hopes of unleashing the country’s creative energies.

In a speech to party cadres containing some of the boldest pro-market rhetoric they have heard in more than a decade, the country’s new prime minister, Li Keqiang, said this month that the central government would reduce the state’s role in economic matters in the hope of unleashing the creative energies of a nation with the world’s second-largest economy after that of the United States.

On Friday, the Chinese government issued a set of policy proposals that seemed to show that Mr. Li and other leaders were serious about reducing government intervention in the marketplace and giving competition among private businesses a bigger role in investment decisions and setting prices. Whether Beijing can restructure an economy that is thoroughly addicted to state credit and government directives is unclear. But analysts see such announcements as the strongest signs yet that top policy makers are serious about revamping the nation’s growth model.

“This is radical stuff, really,” said Stephen Green, an economist at the British bank Standard Chartered and an expert on the Chinese economy. “People have talked about this for a long time, but now we’re getting a clearly spoken reform agenda from the top.”

China’s leaders are under greater pressure to change as growth slows and the limitations of its state-led, investment-driven economy are becoming more evident. This month, manufacturing activity contracted for the first time in seven months, according to an independent survey by HSBC. Economists are lowering their growth forecasts and weighing the risks associated with high levels of corporate and government debt that have built up over the last five years.

“There are quite a number of messages coming from these new leaders,” said Huang Yiping, chief economist for emerging Asia at the British bank Barclays. “They realize that if we continue to delay reforms, the economy could be in deep trouble.””

via China Plans to Reduce the State’s Role in the Economy – NYTimes.com.

See also: https://chindia-alert.org/2013/04/19/chinas-growth-the-making-of-an-economic-superpower-dr-linda-yueh/

25/05/2013

* China seals first free-trade deal with Switzerland

Will this be the first of many FTAs?  Will the floodgates be opened?

BBC: “China has signed the framework of a free-trade agreement with Switzerland, which could become Beijing’s first such deal with a major Western economy.

Chinese secretary of trade and Swiss economy minister sign memorandum of understanding of free trade on 24 May

The signing ceremony took place during an official visit by Chinese Premier Li Keqiang to Switzerland.

Bilateral trade between the two countries is worth $26bn through imports and exports of watches, medicines, textiles and dairy products.

Mr Li said he hoped the deal would be felt beyond Switzerland’s borders.

“This free-trade deal is the first between China and a continental European economy, and the first with one of the 20 leading economies of the globe,” Mr Li told reporters after the two countries signed the preliminary agreement.

“This has huge meaning for global free-trade,” he added.

For his part, Swiss President Ueli Maurer described the agreement as a “real milestone”.

China is Switzerland’s third biggest trading partner after the European Union and America, with exports to China of watches, pharmaceuticals and machinery amounting to over $22bn.

It is no coincidence that China’s premier made Switzerland his first stop on his brief European tour, the BBC’s Imogen Foulkes in Berne says.

China has hinted it could also make Switzerland its financial centre of choice, if Beijing allows offshore trading of its currency, the yuan, she adds.”

via BBC News – China seals first free-trade deal with Switzerland.

23/05/2013

* China urbanization plan hits roadblock over spending fears – sources

Reuters: “China’s plan to spend $6.5 trillion on urbanization to bolster the economy is running into snags, sources close to the government said, as top leaders fear another spending binge could push up local debt levels and inflate a property bubble.

A general view of newly built houses at Dadun village of Lingshui ethnic Li Autonomous County, Hainan province, in this January 18, 2013 file photo. REUTERS-Stringer-Files

Premier Li Keqiang has rejected an urbanization proposal drafted by the National Development and Reform Commission (NDRC), seeking changes to put more emphasis on economic reform, according to the sources, who are familiar with the matter.

Many local authorities have already lobbied to get funding for projects, ringing alarm bells among top leaders in Beijing.

State-owned China Development Bank recently pledged to lend 150 billion yuan ($24.47 billion) to southeastern Fujian province to support its urbanization and channel 30 billion yuan into urban projects in central Anhui province, according to Chinese media.

“The urbanization plan could be delayed. Top leaders have seen potential risks if the program cannot be kept on the right path,” said an economist at a top think-tank which advises the cabinet.

“The leadership aims to jumpstart reforms, but local governments see this in a different perspective – they view this as the last opportunity to boost investment,” said the economist who requested anonymity due to the sensitivity of the issue.

China plans to spend some 40 trillion yuan ($6.5 trillion) to bring 400 million people to its cities over the next decade as leaders such as Li try to sustain economic growth that slowed to a 13-year low of 7.8 percent in 2012.

Li, the driving force behind urbanization, has turned more cautious following warnings from leading academics over the risks, said the think-tank sources who are involved in the policy discussions.

The NDRC is racing against the clock to amend the long-term plan in a bid to publish it by the end of June.”

via Exclusive :China urbanization plan hits roadblock over spending fears – sources | Reuters.

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