Archive for ‘GeoPolitics’

09/05/2014

China to earmark over half of foreign aid for Africa: Premier Li – Xinhua | English.news.cn

ABUJA, May 8 (Xinhua) — China will earmark more than half of its foreign aid for Africa and attach no preconditions, visiting Chinese Premier Li Keqiang said here Thursday.

ANGOLA-CHINA-LI KEQIANG-ARRIVAL

“China will, as always, continue to increase its assistance to Africa in both quantity and quality to the extent of its ability, ensuring that more than half of its foreign aid will go to Africa,” Li told a World Economic Forum on Africa in the Nigerian capital.

Hailing Africa as an important pole in world politics, a new pole in global economic growth and a colorful pole in human civilization, Li said that the development of Africa will make the world more democratic, stable, dynamic and colorful, and is conducive to world peace, development and progress.

“It would be better to have more poles than less in the world political and economic landscape,” he said.

The Chinese premier pledged that Beijing will help Africa develop the networks of high-speed railways, expressways and regional airports, saying infrastructure construction, transportation in particular, should be a priority in achieving inclusive growth.

Referring to an African “dream of the century” depicted by African Union (AU) Commission Chairperson Nkosazana Dlamini-Zuma to connect African capitals with high-speed railways, Li said China stands ready to help with the mega project.

China is ready to carry out all-dimensional cooperation with Africa on high-speed railways, including their planning, designing, construction and management, Li said.

China is also willing to set up a high-speed railway research and development center in Africa, he added.

Li stressed that cooperation between China and African countries is based on good faith and openness, saying his country is willing to share its advanced and applicable technologies and management expertise without reservation.

China is also ready to step up collaboration with international organizations and relevant countries to make a joint contribution to Africa’s development, he added.

Li also pledged to strengthen China-Africa cooperation in green and low carbon development and make sure the Chinese enterprises operating in Africa fulfill their social responsibilities.

He stressed that China will never attach political conditions to its assistance to Africa and will never use its aid programs to interfere in the internal affairs of African countries.

Li also assured the audience that China continues to enjoy solid foundation for sustained economic growth despite recent slowdown.

China will give more attention to the quality and efficiency of growth and make growth more inclusive and sustainable, the premier said.

“We have the confidence and capability to meet the expected growth target of around 7.5 percent for this year and maintain a medium-high growth for a fairly long period of time to come,” he said.

This is good news for African countries and the global economy at large, he said.

The Chinese premier, currently in Angola for a visit, started on Sunday his first Africa tour since taking office in March last year. He had visited Ethiopia and Nigeria, and will travel to Kenya.

via China to earmark over half of foreign aid for Africa: Premier Li – Xinhua | English.news.cn.

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07/05/2014

China’s Premier Li Goes to Africa – Businessweek

Chinese Premier Li Keqiang is visiting Ethiopia, Nigeria, Angola, and Kenya this week in his first trip to Africa since assuming office. Accompanying him is his wife, Cheng Hong, who is making her first public appearance on a diplomatic mission—and a splash in China’s domestic media, given the relative novelty of top leaders’ wives appearing in public in official roles.

Li speaking on May 5 in Ethiopia

Over the past decade, China’s economic ties to Africa have grown quickly. Trade has risen (PDF) from $10 billion in 2000 to $166.3 billion in 2011. Meanwhile China’s foreign direct investment in Africa has jumped from $392 million in 2005 to $2.5 billion in 2012, according to figures from China’s commerce ministry. Much of that money has gone to infrastructure projects, including roads, dams, mines, and oil rigs.

On Monday in Addis Ababa, Ethiopia’s capital, Li laid out his vision for the future of China-Africa relations. Speaking at the headquarters of the African Union, he said he imagined a day when all African capitals would be connected by high-speed rail—quickly adding that China’s experience and technology could “help make this dream come true,” according to state-run newswire Xinhua.

via China’s Premier Li Goes to Africa – Businessweek.

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07/05/2014

Philippines police capture Chinese fishing boat in South China Sea | South China Morning Post

Philippines police seized a Chinese boat near ‘Half Moon Shoal‘ in the South China Sea on Wednesday after it was found to have hauled in 500 turtles. Philippine police confirmed the capture and said the vessel was being towed to southwestern Palawan province.

island_tt_23706979.jpg

China’s official Xinhua news agency earlier reported contact had been lost with 11 fishermen in the South China Sea after they were intercepted by “armed men”.

The fishermen were on board the boat Qiongqionghai 09063, which was “intercepted by an unidentified armed vessel at about 10am in waters off” the Spratly Islands, Xinhua said, citing a fishing association in Qionghai on China’s southern island province of Hainan.

Reporters were not immediately able to reach officials in Hainan for comment. It was also not clear from the report if the fishermen were Chinese nationals.

China claims almost the entire oil- and gas-rich South China Sea, rejecting rival claims to parts or all of it from Vietnam, the Philippines, Taiwan, Malaysia and Brunei.

There are frequent tensions in the South China Sea between China and the other claimant nations, particularly Vietnam and the Philippines, both of which say Beijing has harassed their ships in the waters there.

On Tuesday, China warned Vietnam not to disturb activities of Chinese companies operating near disputed islands in the South China Sea, after Hanoi condemned as illegal the movement of a giant Chinese oil rig into what it says is its territorial water.

via Philippines police capture Chinese fishing boat in South China Sea | South China Morning Post.

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07/05/2014

Vietnam dispatches 29 ships to intercept Chinese oil rig in South China Sea; standoff with Chinese ships

Case of Lilliput versus Gulliver?

29/04/2014

Documents prove the truth can’t be buried[1]- Chinadaily.com.cn

Unearthed files provide new details of Japan’s occupation, report He Na and Dong Fangyu from Changchun.

Documents prove the truth can't be buried

Cruel life of miners under Japanese subjugation  In 1990, Zhao Yujie, a young teacher of Japanese at a high school, decided to fully exploit her linguistic skills by applying for a job at Jilin Provincial Archives.

Although she wasn’t aware of the fact, Zhao had applied at exactly the right time. The management of the archives was searching for Japanese speakers to help decipher a huge number of records, totaling about 100,000 documents, made by the Japanese and detailing the activities of the Imperial Army during the occupation of China.

Recently, 89 of the 100,000 files discovered in Changchun, the provincial capital, have been made available to the public for the first time. The documents were buried following Japan’s surrender in August 1945. At the time, Changchun, then called Hsingking, was the capital of the Japanese-controlled puppet state of Manchukuo, which covered most of Manchuria.

Eighty-seven of the files describe the activities of Kwantung Kempeitai, or military police corps, while the other two detail the work of the Manchukuo central bank. Because around 90 percent of the files were written in Japanese, the words, photos, audio material and blueprints provide clear descriptions of the behavior of the Japanese troops in the period 1931 to 1945.

The documents provide insights into Japan’s invasion, its battle plans and colonization strategies, and key episodes such as the Nanjing Massacre, the use of sex slaves, or “comfort women” as they were known, bacteriological experiments on prisoners and civilians, suppression of an anti-Japanese army in China’s Northeast, and the inhuman treatment of civilians, soldiers and Allied prisoners of War.

“As the largest batch of Japanese archives covering the period from 1931 to 1945 to be discovered so far, these files are of great historical value. They detail Japan’s cruelty to the people of the countries it occupied,” said Dong Hongmao, director of the Institute of Japanese History at the Jilin Provincial Academy of Social Sciences.

via Documents prove the truth can’t be buried[1]- Chinadaily.com.cn.

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24/04/2014

China-Europe railway relaunches – China – Chinadaily.com.cn

A freight train on Wednesday began a journey from central China’s key city of Wuhan to Poland’s Lodz, restarting the Wuhan-Xijiang-Europe rail route after it was suspended for technical reasons.

Its 15-day journey will pass along the Silk Road economic belt through major cities in central and northwest China, Kazakhstan, Russia and Belarus before arriving in the destination.

The rail trip is about one month quicker than the maritime alternative, and costs a fifth as much as air freight, according to the Wuhan Transport Committee.

“It will greatly improve the competitiveness of exports made in Wuhan and nearby regions,” said Yu Shiping, director of the committee.

He predicted that it will contribute to the realization of the Silk Road economic belt, the regional trade infrastructure proposed by Chinese President Xi Jinping.

The train is loaded with 41 40-foot containers holding goods valued at more than 12 million U.S. dollars.

Most of them are products made by Hon Hai/Foxconn, the world’s largest electronics contract manufacturer, which assembles products for Apple, Sony and Nokia in its plant in Wuhan, capital of Hubei Province.

Although railway transport is costly compared to maritime transport, it is a superior option bearing in mind how wildly electronic products prices fluctuate. They are more sensitive to the time-cost in transportation, according to the Foxconn plant in Wuhan.

In a month, the export value of one consignment of electronic products might devalue by about two percent, about several tens of thousands of dollars.

via China-Europe railway relaunches – China – Chinadaily.com.cn.

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19/04/2014

In His First Year, China’s Xi Puts Unprecedented Focus on Africa – Businessweek

A little over a year ago, Xi Jinping embarked on his first foreign trip as China’s president, making stops in Russia and Africa. Over the past 13 months, his administration has focused unprecedented attention on strengthening economic and political ties in Africa, according to a new policy briefing by Brookings Institution scholar Yun Sun.

Chinese President Xi Jinping shakes hands with Namibian Prime Minister Hage Geingob on April 8 in Beijing

While China’s People’s Liberation Army has long maintained what Sun calls a “tacit operating principle of ‘no troops on foreign soil,’” last spring Beijing sent 170 combat troops from the PLA Special Force to accompany the United Nations peacekeeping mission in Mali. In the past, only Chinese engineers and medical personnel had ever been dispatched to foreign soils under a UN mandate.

“China’s choosing Africa to dispatch combat troops for the first time does suggest Beijing’s rising interests,” writes Sun, as well “enhanced commitment and [a] direct role in maintaining [the] peace and security of Africa.” China has also “dispatched a total of 16 fleets and escorted more than 5,300 ships and vessels” around the Gulf of Aden, in effect taking responsibility for maintaining the security of key shipping lanes.

via In His First Year, China’s Xi Puts Unprecedented Focus on Africa – Businessweek.

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30/03/2014

Americans Must Adjust to a World Dominated by China – Fed’s Bullard – China Real Time Report – WSJ

This post originally appeared on Real Time Economics.

It won’t be long until the U.S. is eclipsed economically by China—and Americans need to start thinking about how to adjust to such a world.

That’s according to Federal Reserve Board of St. Louis President James Bullard, who spoke to the Wall Street Journal on the sidelines of a conference during a recent visit to Hong Kong.

“Attitudes in the U.S. are going to have to change, because the U.S. will not permanently be the global leader,” Mr. Bullard said.

China is already the largest economy in the world after the United States, and is growing much faster than the U.S. Not too far in the future — estimates range from as soon as 2016 to as “distant” as 2028 — it will surpass the American economy in size.

Most likely, China will eventually match the U.S. in per capita income terms as well. With a population about four times as large as America’s, that would imply a massive shift in the global balance of power.

In that case, “the U.S. would be playing a role to China similar to the role the U.K. plays to the U.S. today,” Mr. Bullard said. “People think it’s 50-75 years away but it’s probably only 25 or 20 years away, something like that.”

China’s economy currently is a little more than half the size of America’s, IMF data show, clocking in at $8.9 trillion in 2013 versus $16.7 trillion for the U.S.

But China’s economy is growing much more quickly, targeting growth of about 7.5% this year. In contrast, the U.S. economy will be lucky to grow by 3%.

Then there’s India, another economy of a billion-plus people that’s also growing quickly. Eventually, Mr. Bullard said, he can foresee a tri-polar world in which China and India are the major economic powers, counterbalanced by a bloc of the United States, Europe and Japan, whose populations together will total about one billion people.

“We’ve said the U.S. is a superpower, an economic superpower. But these are giants, they’re bigger than a superpower,” he said. “What would that world be like, both economically and politically? I think that’s really hard to understand. How much would the Western bloc be willing to cooperate politically to be a counterbalance to China and India?”

Mr. Bullard offered few specifics of what such a world would look like, but did acknowledge that it might require some adjustment on the part of ordinary Americans like those he serves in the heartland.

via Americans Must Adjust to a World Dominated by China – Fed’s Bullard – China Real Time Report – WSJ.

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29/03/2014

This is why Germany doesn’t want China anywhere near Berlin’s holocaust memorial

26/03/2014

Putin’s Shame: Russia Is Becoming China’s Junior Partner – Businessweek

Russian President Vladimir Putin professes not to care about being ejected—temporarily, at least—from the Group of Eight community over his country’s seizure of Crimea. He says Russia has plenty of other friends in the world. One of them is China, the world’s emerging Communist superpower. Diplomatic and trade relations between Russia and China have strengthened notably over the last couple of decades. Bloomberg News reports today that the “Crimean crisis is poised to reshape the politics of oil by accelerating Russia’s drive to send more barrels to China, leaving Europe with pricier imports and boosting U.S. dependence on fuel from the Middle East.”

From left: Brazilian President Dilma Rousseff, Indian Prime Minister Manmohan Singh, Russian President Vladimir Putin, Chinese President Xi Jinping, and South African President Jacob Zuma at the G-20 Summit in St. Petersburg, Russia, on Sept. 5, 2013

Notice, though, that what Russia is selling to China is oil—not, say, high-tech machinery. In what must be a source of great embarrassment to Putin, Russia has gone from being China’s tutor and guide to being a junior partner whose main value is as a source for raw materials. Look at these two charts, which I put together today using data from the United Nations’ Comtrade database.

The first shows Russian exports to China in 2000. Exports of what the UN calls mineral fuels, oils, distillation products, etc.—mainly oil—constituted 7 percent of total Chinese exports to Russia.

via Putin’s Shame: Russia Is Becoming China’s Junior Partner – Businessweek.

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