Chindia Alert: You’ll be Living in their World Very Soon
aims to alert you to the threats and opportunities that China and India present. China and India require serious attention; case of ‘hidden dragon and crouching tiger’.
Without this attention, governments, businesses and, indeed, individuals may find themselves at a great disadvantage sooner rather than later.
The POSTs (front webpages) are mainly 'cuttings' from reliable sources, updated continuously.
The PAGEs (see Tabs, above) attempt to make the information more meaningful by putting some structure to the information we have researched and assembled since 2006.
BEIJING (Reuters) – China announced on Wednesday that its parliament will open a key annual session on May 22, signalling that Beijing sees the country returning to normal after being reduced to a near-standstill for months by the COVID-19 epidemic.
During the gathering of the National People’s Congress in the capital, delegates will ratify major legislation, and the government will unveil economic targets, set defence spending projections and make personnel changes. The ruling Communist Party also typically announces signature policy initiatives.
The session was initially scheduled to start on March 5 but was postponed due to COVID-19, which has infected nearly 83,000 people and killed more than 4,600 on the mainland after emerging late last year in the central city of Wuhan.
As the epidemic has subsided, economic and social life gradually returned to normal, making it possible for the congress to convene, the official Xinhua news agency quoted the standing committee of the NPC, the legislature’s top decision-making body, as saying.
The committee also appointed Huang Runqiu as the new minister for ecology and environment, a post vacated when predecessor Li Ganjie became deputy Communist Party chief for Shandong province earlier this month, Xinhua reported.
Tang Yijun was also named as the new justice minister to replace Fu Zhenghua, who has reached the retirement age of 65 for ministers.
The Chinese People’s Political Consultative Conference (CPPCC), an advisory body to parliament, has proposed starting its annual session a day before the parliamentary session opens.
Analysts expect China to roll out additional fiscal stimulus in order to cushion the blow from COVID-19, which has developed in to a worldwide pandemic that some fear will trigger a severe global recession.
China’s economy contracted for the first time on record during the January-March period, when the government imposed severe travel and transport restriction to curb the spread of the epidemic.
Parliament is also expected to discuss the anti-government protests in Hong Kong, amid growing speculation that Beijing take steps to strengthen its grip on the city.
It is unclear how long parliament and its advisory body will meet for this time, and people familiar with the matter have told Reuters that this year’s annual sessions could be the shortest in decades due to COVID-19 concerns. Usually more than 5,000 delegates descend on Beijing from all over China for at least 10 days.
Beijing city plans to ease quarantine rules as early as Thursday, two sources familiar with the situation told Reuters, ahead of the key political meetings.
People arriving in the capital from other parts of China will no long have to be quarantined for two weeks unless they come from high-risk areas such as Heilongjiang in the north and some parts of Guangdong in the southeast, the sources said.
SEOUL/SHANGHAI (Reuters) – South Korea raised its disease alert to the highest level on Sunday after a surge in coronavirus infections and two more deaths, while China state media warned the outbreak there had yet to reach a turning point despite some signs of easing.
South Korea’s president said he was putting the country on “red alert” due to the rapid rise in new cases, which are largely being traced back to church services. Health officials reported 169 new infections, bringing the total to 602, having doubled from Friday to Saturday.
The escalation in the alert level allows the government to send extra resources to Daegu city and Cheongdo county, which were designated “special care zones” on Friday.
South Korea’s Yonhap News Agency said it also enables the government to forcibly prevent public activities and order the temporary closure of schools, though the government gave no immediate details on what steps could be taken.
In China, the health commission confirmed 648 new infections – higher than a day earlier – but only 18 were outside of Hubei province, the lowest number outside of the epicenter since authorities started publishing data a month ago and locked down large parts of the country.
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But the number of cases continued to climb elsewhere.
Japanese Prime Minister Shinzo Abe instructed government agencies on Sunday to urgently prepare medical provisions and draft a comprehensive plan to curb the spread of the virus, after it reported 27 more cases a day earlier.
The U.S. State Department raised its travel advisory level one notch for South Korea and Japan to Level 2 on a scale of 1 to 4.
Concern about the reach and rapid spread of coronavirus also grew in Europe and the Middle East.
Cases in Italy, Europe’s worst hit country, more than quadrupled to 79 on Saturday, with two deaths.
Iran reported a total of 43 infections, with eight deaths – all since Tuesday – forcing some of its neighbors to announce travel and immigration curbs.
The World Health Organization on Saturday stressed that the number of cases outside of China was still relatively few, but it was worried by the detection of infections without a clear link to China.
The disease has spread to some 26 countries and territories outside China, killing more than a dozen people, according to a Reuters tally. It has been fatal in 2% of reported cases, with the elderly and ill the most vulnerable, according to the WHO.
The potential economic impact of coronavirus was prominent at a meeting of G20 finance ministers in Riyadh, at which the International Monetary Fund chief said China’s 2020 growth would likely be lower at 5.6%, down 0.4 percentage points from its January outlook, with 0.1 percentage points shaved from global growth.
The last time South Korea raised the alert to the highest was 11 years ago during the Influenza A or H1N1 outbreak.
Many of South Korea’s new cases were linked to the Shincheonji Church of Jesus congregation in Daegu after a 61-year-old woman known as “Patient 31” tested positive for the virus last week. The woman had no recent record of overseas travel.
Catholic churches in Daegu and Gwangju have suspended mass and other gatherings, while churches elsewhere saw declines in attendance on Sunday, especially among the elderly.
“If the situation gets worse, I think we’ll need to take more measures. Currently, we’re limiting personal gatherings within the church except for Mass,” said Song Gi-young, 53, wearing a face mask at church.
Heo Young-moo, 88, expressed frustration.
“Devotees shouldn’t go to any risky places … Hasn’t it become so widespread because those people didn’t get checked?”,” he said.
Outside of the church was a sign that said: “All Shincheonji followers are strictly prohibited from entering”.
The foreign ministry said South Koreans aboard a plane to Israel had been denied entry there on Saturday due to concerns about the virus spread.
China said the number of new deaths on Saturday from COVID-19, as the disease caused by the virus is known, was 97, all but one of which were in Hubei.
Eighty-two of those were in the provincial capital Wuhan, where Xinhua news agency said nucleic tests were being carried out on the backlog of cases to try to contain the spread.
In total, China has reported 76,936 cases, and 2,442 deaths. The WHO says the virus is severe or critical in only a fifth of infected patients, and mild in the rest.
Graphic: Reuters graphics on the new coronavirus here
NOT OVER YET
Beijing, Zhejiang, Sichuan had no new infections on Feb. 22 for the first time since the outbreak was detected. There were signs of street life in Shanghai, with some cafes serving take-out food and families wearing masks walking their dogs.
State run television on Sunday urged people to avoid complacency, drawing attention to people gathering in public areas and tourist spots without wearing masks.
Analysts have been closely watching out for any signs of a secondary wave of infections as transport restrictions are eased and many migrant workers return to factories and offices. Business activity in the world’s second-biggest economy is only gradually returning to normal after widespread disruptions.
Japan’s health minister apologized on Saturday after a woman who was allowed to leave the coronavirus-struck Diamond Princess cruise ship tested positive despite having underwent quarantine.
At least 623 cases have been reported on the vessel, the biggest outbreak outside China, involving more than a dozen nationalities.
In Italy, schools and universities were closed and some soccer matches postponed in Lombardy and Veneto, the country’s industrial heartland.
Saudi Arabia, Kuwait, Iraq have travel and immigration curbs on Iran, while Oman on Sunday urged its citizens to steer clear of countries with high infection rates and said arrivals from those nations would be quarantined.
“The Chinese people do not welcome media that publish racist statements and maliciously attacks China,” Mr Geng said, without naming the journalists being expelled.
The Wall Street Journal identified the reporters as two US citizens – Josh Chin, who is the deputy bureau chief, and Chao Deng – as well as Australian citizen Philip Wen. The newspaper has not yet commented.
It is the first time in more than two decades that journalists holding valid credentials have been ordered to leave China, the BBC’s John Sudworth in Beijing reports.
The Foreign Correspondents Club of China called the decision “an extreme and obvious attempt by the Chinese authorities to intimidate foreign news organizations”.
The measure comes a day after the US said it would begin treating five Chinese state-run media outlets that operate in the country in the same way as foreign embassies, requiring them to register their employees and properties with the US government.
The decision affects the Xinhua News Agency, China Global Television Network and China Daily Distribution Corp.
Press freedom in China
China is consistently rated poorly for press freedom and can be a difficult place for foreign journalists to work
Nine journalists have been either expelled or effectively expelled through non-renewal of visas since 2013, according to the Foreign Correspondents Club of China
Last year, the government declined to renew the credentials – necessary for the work of foreign journalists in the country – of another Wall Street Journal reporter.
The journalist, a Singaporean national, had co-written a story that authorities in Australia were looking into activities of one of China’s President Xi Jinping’s cousins suspected of involvement in organised crime and money laundering.
And in 2018, the Beijing bureau chief for BuzzFeed News Megha Rajagopalan was unable to renew her visa after reporting on the detention of Muslim minority Uighurs and others in China’s Xinjiang region.
Meanwhile, two Chinese citizen journalists who disappeared last week after covering the coronavirus in Wuhan, the epicentre of the outbreak in Hubei province, remain missing.
Fang Bin and Chen Qiushi had been sharing videos and pictures online from inside the quarantined city.
Media caption Footage appearing to show people held in quarantine in a makeshift facility in Wuhan, has been shared across social media
Chinese President Xi Jinping and US President Donald Trump set to meet on the sidelines of the Apec summit in Chile next month, a source says
The two state leaders are expected to sign an interim trade deal ‘if everything goes smoothly’
Chinese President Xi Jinping and US President Donald Trump have met twice already over the course of the 16-month trade war. Photo: AP
Chinese President Xi Jinping and US President Donald Trump are tentatively expected to meet on November 17 with the aim of signing an interim trade deal, a source briefed on the arrangements told the South China Morning Post.
The two leaders are expected to come face-to-face immediately after the Asia-Pacific Economic Cooperation (Apec) summit in Santiago, Chile, with a trade truce signed “if everything goes smoothly”, said the person, who declined to be identified.
Trade envoys from Beijing and Washington are still finalising the text for the two leaders to sign, but both sides have expressed optimism that Trump’s so-called phase one trade deal can be completed in time for the meeting.
Trump said on Monday that negotiations on the interim deal were running “ahead of schedule”.
“We are looking probably to be ahead of schedule to sign a very big portion of the China deal, and we’ll call it phase one but it’s a very big portion,” Trump said. “That would take care of the farmers. It would take care of some of the other things. It will also take care of a lot of the banking needs.
“So we’re about, I would say, a little bit ahead of schedule, maybe a lot ahead of schedule,” the president said, adding the deal would “probably” be signed.
Top trade negotiators for the two countries – US Treasury Secretary Steven Mnuchin, US trade representative Robert Lighthizer and Chinese Vice-Premier Liu He – spoke by telephone last Friday. The Office of the US Trade Representative released a statement after the call saying that the two sides “made headway on specific issues” and “are close to finalising some sections of the agreement”.
China’s official Xinhua News Agency said on Saturday negotiators have “agreed to properly resolve core concerns of each other” and had “basically completed technical discussions about parts of the text”. In particular, China would lift the current ban on US poultry imports and recognise the American public health certification system for meat product imports, Xinhua said.
The top trade envoys are expected to hold another conference call in the near future.
China’s Vice-Premier Liu He between US trade representative Robert Lighthizer (left) and US Treasury Secretary Steve Mnuchin during trade negotiations in Washington this month. Photo: Reuters
Taoran Notes, an account on Chinese social media platform WeChat run by the official Economic Daily newspaper, wrote over the weekend that Beijing and Washington had moved a step closer to agreement on a “temporary deal”.
“According to past experiences and practises, the negotiation will enter the stage of translation and legal review after the technical completion of the text,” the account said.
Geng Shuang, a Chinese foreign ministry spokesman, said that technical negotiations about part of the deal were finished but deputy-level talks were ongoing. “China hopes both sides can find a trade solution based upon mutual respect and benefits,” Geng said at a regular press conference on Tuesday.
If it goes ahead as planned, the summit between Trump and Xi in Chile next month would be the third time the two leaders have sat down to talk about ending the nearly 16-month-long trade war.
Last December, the two leaders met on the sidelines of the G20 Leaders’ Summit in the Argentinian capital Buenos Aires and agreed to a three-month tariff truce to allow time for the countries’ trade envoys to work out a comprehensive deal. But the talks collapsed in early May with the US blaming China for reneging on promises it made in negotiations, while China blamed the US for attempting to infringe on its economic sovereignty.
The pair met again in late June in the Japanese city of Osaka, where they agreed to restart trade negotiations.
A minor ceasefire was reached in October when Beijing promised to buy US$40 billion to US$50 billion worth of American agricultural products in exchange for Washington postponing indefinitely a tariff increase on US$250 billion of Chinese goods to 30 per cent from 25 per cent on October 15.
Analysts expect fresh 15 per cent duties on about US$160 billion of Chinese imports – including popular products like smartphones and consumer electronics – that are due to go into effect mid-December will also be postponed if a deal is signed, though this has not been officially confirmed.
The interim deal is also expected to contain a provision on intellectual property protection, a key US demand. China has taken steps to improve IP protection, including setting up a system to punish and compensate instances of infringement, and improve settlement disputes. But how well these measures will be implemented remains in question.
China and the US would also agree to avoid allowing currency devaluations to gain trade advantages, codifying a commitment both countries made as part of a G20 agreement several years ago. A currency agreement – similar to provisions in the yet-to-be-ratified US-Mexico-Canada Agreement – could pave the way for the US to remove its designation of China as a “currency manipulator”.
The deal may include a new dispute resolution mechanism to ensure both sides live up to commitments. The system, which will give both sides equal standing, would replace a contentious US-proposed enforcement mechanism that was a key reason for trade talks breaking down in May after China felt the demands too intrusive and one-sided. It is unclear how effective the proposal would be, but the US has insisted since talks began that a similar mechanism be implemented to ensure China did not backslide on promises as it had in the past.
In addition to large purchases of farm products, the interim agreement may contain commitments by China to buy US-built aircraft and energy products, particularly liquefied natural gas.
China will also agree to lift foreign ownership limits on Chinese financial firms under the deal, changes which are already underway.
However, the interim deal will not address broader US complaints about China’s economic model, particularly allegations that foreign firms are treated unfairly and heavy government subsidies favour some domestic industries. Nor will it contain any break for telecommunications equipment maker Huawei and other Chinese tech companies that were blacklisted by the US on national security concerns.
NEW DELHI (Reuters) – India’s Prime Minister Narendra Modi will welcome Chinese President Xi Jinping at an informal summit this week, the Indian foreign ministry said on Wednesday, their talks coming at a time of strained ties over the disputed region of Kashmir.
The meeting in the southern Indian city of Chennai on Oct. 11-12 is aimed at enhancing the rapport the leaders built when they met in the Chinese city of Wuhan last year to help stabilise ties after a standoff in another contested section of their long border, far removed from Kashmir.
But India’s decision in August to withdraw special status for Kashmir drew sharp condemnation from Pakistan and its old ally, China, which took the matter to the U.N. Security Council.
During a meeting with Pakistan Prime Minister Imran Khan in Beijing on Wednesday, Xi said that he was watching the situation in Kashmir closely, the official Xinhua News Agency reported.
Xi said that the right and wrong of the situation was clear and India and Pakistan should resolve the dispute via peaceful dialogue, according to Xinhua.
India says its revocation of the special status of Muslim-majority Kashmir, which was accompanied by a crackdown on dissent by the security forces, is an internal matter aimed at developing the Himalayan territory, which is also claimed by Pakistan, more quickly.
India will make clear that any change to its Jammu and Kashmir state is an internal affair if the Chinese side were to raise the matter in the forthcoming talks, a government source said.
China’s close security ties with Pakistan have long been a matter of concern in New Delhi and in recent years India has drawn closer to the United States to help balance China’s rising weight across the region.
“The forthcoming Chennai Informal Summit will provide an opportunity for the two leaders to continue their discussions on overarching issues of bilateral, regional and global importance and to exchange views on deepening India-China Closer Development Partnership,” the Indian ministry said in a statement.
“OMINOUS SIGNALS
China, which has been criticised by the United States for its treatment of members of Muslim ethnic minorities, said it believed India and Pakistan must refrain from taking unilateral action in Kashmir and has expressed concern over human rights violations there. India has dismissed those concerns.
Srikanth Kondapalli, professor of Chinese studies at New Delhi’s Jawaharlal Nehru University, said it was important for the nuclear-armed neighbours to stabilise relations as both dealt with domestic and regional issues.
“The second informal meeting as such is significant given these ominous signals at bilateral, regional and global levels,” he said.
Xi will also make a state visit to Nepal at the end of his India visit, the first by a Chinese president in 22 years, the Nepali foreign ministry said.
China has deepened ties with India’s neighbours, building ports and power stations in an arc stretching from Bangladesh to Sri Lanka and Pakistan as part of its grand Belt and Road energy and infrastructure plan.
Ahead of Xi’s trip to India, China invited Pakistan’s Prime Khan for talks and said it supports Pakistan in safeguarding its independent sovereignty and territorial integrity.
The Himalayan region of Kashmir is divided between India, Pakistan and China. India rules the populous Kashmir Valley and the Hindu-dominated region around Jammu city, while Pakistan controls a wedge of territory in the west, and China holds a thinly populated high-altitude area in the north.
During Xi’s visit, Modi is expected to raise economic issues, including India’s $53 billion trade deficit with China in 2018/19, and the smaller presence of Indian companies in China compared with that of other major economies.
Leaders exchange congratulatory messages on 70th anniversary of diplomatic relations amid speculation that Kim Jong-un will visit China soon
It comes after Pyongyang’s denuclearisation negotiations with Washington broke off in Stockholm without any breakthroughs
North Korean leader Kim Jong-un (left) may soon visit China again. He last met Xi Jinping during the Chinese leader’s trip to Pyongyang in June. Photo: AFP
China and North Korea on Sunday vowed to continue strengthening their ties that have “stood the test of time”, hours after another squabble broke out between Pyongyang and Washington over the breakdown of their first nuclear talks in eight months.
Chinese President Xi Jinping exchanged congratulatory messages with North Korean leader Kim Jong-un on the 70th anniversary of diplomatic ties, according to state media in both countries, amid speculation that Kim will soon pay another visit to China.
Observers said the communist neighbours’ warm exchanges and Kim’s possible visit showed Beijing and Pyongyang shared mutual interests and needed each other in their respective geopolitical plans to counter Washington – especially as they both come under pressure from US President Donald Trump.
The two countries are said to be preparing for Kim to visit China as early as Sunday, which would be his fifth China trip since March last year and the first since Xi’s state visit to Pyongyang in June.
But given Pyongyang’s denuclearisation negotiations with Washington on Saturday – which broke off in Stockholm without any breakthroughs – China and North Korea may need to reconsider or delay Kim’s visit to avoid criticism of Beijing’s role in the nuclear talks, one expert suggested.
“The triangular ties between China, the United States and North Korea are of immense importance in finding a solution to the nuclear issue on the Korean peninsula and Beijing’s role in the talks has always been sensitive, especially in the eyes of the US and its allies,” said Wang Sheng, a North Korea specialist at Jilin University.
“While China will almost certainly reiterate its stance to support continued dialogue and talks between Pyongyang and Washington, it may not be a good time for Kim’s high-profile visit just a day after their talks broke down, which would inevitably make it more difficult for China to play a mediating role,” he said.
On Sunday, Xi said the traditional friendship between the two countries had “stood the test of time and changes in the international landscape, growing stronger with the passage of time” and “made important and positive contributions to regional peace and stability”, according to Chinese state news agency Xinhua.
Citing his five recent meetings with Kim, Xi said bilateral ties had entered a new era and China would promote “long-term, healthy and stable” relations with North Korea.
Kim also hailed the special relationship between the two countries, which he said had been forged “at the cost of blood” and “weathered all tempests while sharing weal and woe with each other”, the Korean Central News Agency reported.
North Korean mouthpiece Rodong Sinmun meanwhile said in a commentary that bilateral ties with Beijing were “fully in accordance” with the interests of the two sides and would develop “regardless of the international situation”, according to South Korea’s Yonhap news agency.
The lavish praise for Sino-North Korean relations comes as a group of working-level officials from North Korea are working with the Chinese side for a possible visit by Kim in the next few days, according to South Korea’s Dong-A Ilbo.
China and North Korea have set aside their differences as both countries come under pressure from US President Donald Trump. Photo: AFP
North Korea was among the first countries to recognise the People’s Republic of China
70 years ago and Xi has exchanged three messages with Kim in the past month, repeatedly pledging to move closer despite lingering grievances over Pyongyang’s nuclear brinkmanship.
In the face of Trump’s increasingly antagonistic approach, the former communist allies – whose relationship deteriorated over Beijing’s support for the UN sanctions against the North, led by Washington – have set aside their differences to patch up ties in recent months.
Meanwhile, Pyongyang’s first nuclear talks with Washington in eight months ended on Saturday with the two sides offering conflicting assessments of their first formal discussion since the failed Trump-Kim summit in Vietnam in February.
North Korea’s top negotiator Kim Myong-gil expressed his “great displeasure” with the discussions, blaming Washington and urging the Trump administration to correct its course and keep the talks alive or “forever close the door to dialogue”, according to Yonhap.
North Korean negotiator Kim Myong-gil expressed his “great displeasure” with the discussions on Saturday. Photo: AP
But the US State Department issued a rebuke hours later, claiming the negotiators had a “good discussion”. State Department spokeswoman Morgan Ortagus said in a statement that the US had put forward “creative ideas” and “a number of new initiatives that would allow us to make progress in each of the four pillars of the Singapore joint statement”.
The two countries were not expected to “overcome a legacy of 70 years of war and hostility on the Korean peninsula through the course of a single Saturday”, she said, adding that Washington would return for more discussions with Pyongyang in two weeks at Sweden’s invitation.
As Trump administration enters survival mode, foreign policy moves are anyone’s guess
Wang from Jilin University said the breakdown of another round of talks had again laid bare the huge gap between the two sides over a long list of issues, from the definition of denuclearisation to their vastly different, often conflicting, demands and interests.
“It’s very likely that Washington has again rejected some of Pyongyang’s key demands in the recent talks, such as providing a security guarantee for Kim’s regime and a range of economic sanctions relief,” he said.
And with North Korea a polarising issue in the looming US presidential poll for Trump as he seeks to score diplomatic points for his re-election bid, it might become even more challenging for the two sides to narrow their differences.
“The breakdown of the talks should not be seen as a failure,” Wang said. “It simply underscores the difficulty of reaching any consensus in the nuclear talks, which still have a long way to go.”
It took China less than 70 years to emerge from isolation and become one of the world’s greatest economic powers.
As the country celebrates the anniversary of the founding of the People’s Republic of China, we look back on how its transformation spread unprecedented wealth – and deepened inequality – across the Asian giant.
“When the Communist Party came into control of China it was very, very poor,” says DBS chief China economist Chris Leung.
“There were no trading partners, no diplomatic relationships, they were relying on self-sufficiency.”
Over the past 40 years, China has introduced a series of landmark market reforms to open up trade routes and investment flows, ultimately pulling hundreds of millions of people out of poverty.
The 1950s had seen one of the biggest human disasters of the 20th Century. The Great Leap Forward was Mao Zedong’s attempt to rapidly industrialise China’s peasant economy, but it failed and 10-40 million people died between 1959-1961 – the most costly famine in human history.
This was followed by the economic disruption of the Cultural Revolution in the 1960s, a campaign which Mao launched to rid the Communist party of his rivals, but which ended up destroying much of the country’s social fabric.
‘Workshop of the world’
Yet after Mao’s death in 1976, reforms spearheaded by Deng Xiaoping began to reshape the economy. Peasants were granted rights to farm their own plots, improving living standards and easing food shortages.
The door was opened to foreign investment as the US and China re-established diplomatic ties in 1979. Eager to take advantage of cheap labour and low rent costs, money poured in.
“From the end of the 1970s onwards we’ve seen what is easily the most impressive economic miracle of any economy in history,” says David Mann, global chief economist at Standard Chartered Bank.
Through the 1990s, China began to clock rapid growth rates and joining the World Trade Organization in 2001 gave it another jolt. Trade barriers and tariffs with other countries were lowered and soon Chinese goods were everywhere.
“It became the workshop of the world,” Mr Mann says.
Take these figures from the London School of Economics: in 1978, exports were $10bn (£8.1bn), less than 1% of world trade.
By 1985, they hit $25bn and a little under two decades later exports valued $4.3trn, making China the world’s largest trading nation in goods.
Poverty rates tumble
The economic reforms improved the fortunes of hundreds of millions of Chinese people.
The World Bank says more than 850 million people been lifted out of poverty, and the country is on track to eliminate absolute poverty by 2020.
At the same time, education rates have surged. Standard Chartered projects that by 2030, around 27% of China’s workforce will have a university education – that’s about the same as Germany today.
Rising inequality
Still, the fruits of economic success haven’t spread evenly across China’s population of 1.3 billion people.
Examples of extreme wealth and a rising middle class exist alongside poor rural communities, and a low skilled, ageing workforce. Inequality has deepened, largely along rural and urban divides.
“The entire economy is not advanced, there’s huge divergences between the different parts,” Mr Mann says.
The World Bank says China’s income per person is still that of a developing country, and less than one quarter of the average of advanced economies.
China’s average annual income is nearly $10,000, according to DBS, compared to around $62,000 in the US.
Slower growth
Now, China is shifting to an era of slower growth.
For years it has pushed to wean its dependence off exports and toward consumption-led growth. New challenges have emerged including softer global demand for its goods and a long-running trade war with the US. The pressures of demographic shifts and an ageing population also cloud the country’s economic outlook.
Still, even if the rate of growth in China eases to between 5% and 6%, the country will still be the most powerful engine of world economic growth.
“At that pace China will still be 35% of global growth, which is the biggest single contributor of any country, three times more important to global growth than the US,” Mr Mann says.
The next economic frontier
China is also carving out a new front in global economic development. The country’s next chapter in nation-building is unfolding through a wave of funding in the massive global infrastructure project, the Belt and Road Initiative.
The so-called new Silk Road aims to connect almost half the world’s populations and one-fifth of global GDP, setting up trade and investment links that stretch across the world.
New system to enable businesses and government agencies to verify mainland-issued travel permits
The new system is expected to expand access to the public transport system on the mainland. Photo: Roy Issa
Hong Kong and Macau residents and “overseas Chinese” may soon be able to have full access to public services on the mainland using their China-issued travel documents, state news agency Xinhua reported.
Xinhua reported on Wednesday that the National Immigration Administration was putting a platform in place to enable government agencies and businesses to verify mainland-issued travel permits for Hong Kong and Macau residents.
“As soon as the platform becomes operational, these overseas travellers can, from October, have access to 35 public services, ranging from transport, to finance, education, communications, medical care and accommodation,” the report said.
According to the report, “overseas travellers” cover Hong Kong and Macau residents and ethnic Chinese living overseas.
But it did not say why the new measures did not apply to people from Taiwan.
The administration did not respond to requests for comment on Thursday.
Will Hong Kong anti-government protests ruin city’s role in Beijing’s Greater Bay Area plan? Depends on whom you ask
The new measure appears to be part of a long-term strategy by Beijing to foster closer ties between the mainland and Hong Kong and Macau.
In the last few years, the central government has launched a host of incentives for Hong Kong and Macau residents and businesses, including opportunities in the Greater Bay Area development plan in southern China.
Ivan Zhai, executive director of the Hong Kong Chamber of Commerce in China-Guangdong, welcomed the new measure.
“If such an arrangement can be fully implemented, Hong Kong businesspeople who operate on the mainland will be thrilled,” Zhai said.
The Hong Kong business community has long lobbied for relaxation over areas such as train ticketing and hotel registration.
Zhai said that although Hong Kong and Macau residents could now book high-speed train tickets with their mainland-issued travel permits, there were few ticket machines that could automatically read the permits, complicating the process.
“There are also hotels on the mainland that can only entertain guests with Chinese identity cards and currently Hong Kong travellers can only go to hotels that are authorised to accept the mainland-issued travel permits,” he said.
China’s regulator relaxes currency conversion rules throughout Shenzhen, sharpening city’s edge in Greater Bay Area
According to the report, there will be stiff penalties for departments or businesses misusing information collected through the platform.
Zhai said Hong Kong businesspeople who travelled to the mainland often were more likely to be concerned about convenience than the risk of invasion of privacy.
“If you are a frequent traveller in China, you would have expected that the relevant departments of the Chinese government already have information about you anyway,” he said.
BAKU, Sept. 21 (Xinhua) — China and Azerbaijan enjoy promising prospects in co-building the Belt and Road, Chinese Ambassador to Azerbaijan Guo Min said in a recent exclusive interview with Xinhua.
With a sound and steady development of bilateral relations, Guo praised the advantages of the China-proposed Belt and Road Initiative (BRI) for both sides, emphasizing Azerbaijan’s full support for and involvement in the construction of the Belt and Road.
She said Azerbaijan sees the development of relationship with China as a diplomatic priority. “China and Azerbaijan have exchanged frequent high-level visits since the beginning of this year, with mutual political trust deepening even further.”
Azerbaijani President Ilham Aliyev attended the second Belt and Road Forum for International Cooperation held in Beijing in April, said Guo, adding “the leaders of the two countries reached important consensus to further develop bilateral relations and practical cooperation in various fields.”
“Cooperation in trade, energy, transportation, humanities and other fields has yielded fruits,” she said, noting bilateral trade reached 1.5 billion U.S. dollars from January to August, an increase of 104 percent from the same period last year.
“In recent years, the two nations have been promoting cooperation in a number of areas, including education, culture, health, sports and tourism on a continuous basis,” said the ambassador.
The two countries “have exchanged the visits of culture and art figures and held a wide range of film festivals, art exhibitions and other activities to actively promote unity, mutual understanding and friendly exchanges between the people,” according to Guo.
“At the next stage, the two nations should capitalize on the existing potential and focus on more points of interest,” the ambassador said.
She described the deep traditional friendship, high-level mutual political trust and the highly complementary practical cooperation as key foundations and effective guarantees for the stability and improvement of bilateral relations.
“China is willing to work together with Azerbaijan to push Sino-Azerbaijani friendship and cooperation to a new level and benefit the two countries and their peoples,” the ambassador added.
LANZHOU, Sept. 18 (Xinhua) — A total of 26 participants from 21 countries including Brazil, New Zealand and the United States attended the closing ceremony of the Gansu International Fellowship Program held Tuesday in the capital city of Lanzhou, northwest China’s Gansu Province.
Held by the provincial government, the 30-day program, starting from Aug. 20, focused on China’s overall development in areas such as the economy, society and culture, as well as its anti-poverty campaign.
Economic experts, scientists and sociologists from local universities and research institutes as well as government departments were invited to share their experience and give lectures.
During the program, all participants visited the Mogao Grottoes, a UNESCO World Heritage site. Based on the culture courses, they exchanged ideas with local officials and experts.
“I was very impressed with the comprehensive structure planning being undertaken to turn Lanzhou and Gansu as a whole into a major hub of China,” said Robert Love, a strategy and policy planner with Selwyn District Council, New Zealand, after his visit to the Lanzhou Urban Planning Exhibition Hall.
Philippe Dall’Agnol, a state attorney from Brazil, told Xinhua that China’s poverty alleviation efforts and means of increasing production were particularly worth studying, adding that when he returns to Brazil, he will continue to be a messenger of peace and a bridge of friendship, to actively promote exchanges and cooperation between the two countries.
Since it was initiated in 2006, a total of 309 participants from 62 countries have graduated from the program, making it an important platform for international exchanges and cooperation.
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