30/04/2013

* India foreign minister Salman Khurshid to visit China

BBC: “India’s Foreign Minister Salman Khurshid has said he will visit China in May amid tensions near the de facto border in the Himalayas.

Salman Khurshid

Mr Khurshid’s trip comes ahead of a scheduled visit by Chinese Premier Li Keqiang to India.

It comes at a time when India has asked China to withdraw troops it says have moved into a territory near the border.

China denies violating Indian territory. The two sides are holding talks to resolve the row.

“I believe we have a mutual interest and we should not destroy years of contribution we have put together,” Mr Khurshid was quoted by AFP news agency as telling reporters on the sidelines of a business event.

“I think it is a good thing that we are having a dialogue.”

Mr Khurshid said he would be visiting China on 9 May, ahead of Mr Li’s visit on 20 May for his first overseas trip, reports say.

India says Chinese troops erected a camp on its side of the ill-defined frontier in Ladakh region last week.

China has dismissed reports of the incursion as media speculation.

The two countries dispute several Himalayan border areas and fought a brief war in 1962. Tensions flare up from time to time.

They have held numerous rounds of border talks, but all have been unsuccessful so far.

The BBC’s Soutik Biswas in Delhi says there has not been a fatality in skirmishes along the undefined India-China boundary since 1967, but the memories of the crushing defeat inflicted by the Chinese on India in the 1962 war have not faded from the minds of some Indians.”

via BBC News – India foreign minister Salman Khurshid to visit China.

30/04/2013

The American military is using Chinese satellites

This just shows how inter-linked are the affairs of China and America.

29/04/2013

China: Military license plates no longer allowed on luxury cars, more strictly controlled

Good idea!

27/04/2013

* China’s retrieval of lost relics needs time

China Daily: “Two bronze animal heads looted from a Chinese royal garden 149 years ago will soon be returned to China, beaming in a ray of hope despite the difficulties the country faces in bringing its treasure trove of cultural relics home.

English: Looting_of_the_Yuan_Ming_Yuan_by Angl...

English: Looting_of_the_Yuan_Ming_Yuan_by Anglo-French forces in_1860 (Photo credit: Wikipedia)

The family heading French luxury goods retailer Pinault said on Friday in Beijing that it will donate the rat and rabbit busts back to China for free.

The Pinault family is the majority shareholder of PPR, whose brands include Gucci, Yves Saint Laurent and Puma, and Pinault Group Chairman and CEO Francois-Henri Pinault has just concluded a two-day visit to China with French President Francois Hollande.

Cao Yuming, director of the administration office of the Yuanmingyuan, or Old Summer Palace, from which the two pieces were looted, said the move should encourage the return of more Chinese relics.

Cao described the planned donation as “an observation of international convention, a token of friendship and conducive to bringing more relics home.”

He also said an exhibition of the two pieces is likely to be held in the Yuanmingyuan once approved by the state cultural relics authorities.

The busts were among 12 animal head sculptures that formed the zodiacal water clock decorating the Calm Sea of Yuanmingyuan of Emperor Qianlong(1736-1795).

They were taken by Anglo-French allied forces during the Second Opium War in 1860.

But the two became the center of an international tug-of-war when they were auctioned for $39.6 million in Paris in 2009.

China has repeatedly opposed this auction. A Chinese businessman made the winning bid and then refused to pay on the grounds that the heads belong to his native country.

Five of the 12 bronze animal fountain heads in Yuanmingyuan have returned thus far, and the Pinault donation will take the number to seven. But the whereabouts of the five others remains unknown.

China, along with other countries to have lost cultural relics, is making efforts to repatriate such prized possessions, a drive which has generally received a positive response and support from the international community.

But more efforts are needed. UNESCO believes there are at least 17 million Chinese cultural relics abroad, far exceeding the number in the country’s own museums.”

via China’s retrieval of lost relics needs time |Society |chinadaily.com.cn.

See also: https://chindia-alert.org/historical-perspectives/

27/04/2013

* China Haidian may buy more watchmakers after Corum

Corum

Corum (Photo credit: Wikipedia)

Reuters: “China Haidian Holdings (0256.HK) may not stop at this week’s acquisition of Swiss watchmaker Corum as it seeks a foothold in high-end timepieces popular with Chinese consumers.

Chinese appetite for Swiss luxury watches has exploded in recent years, boosting sales at industry leaders Swatch Group (UHR.VX) and Richemont (CFR.VX).

But growth, particularly in top-end watches, has ground to a halt as the Chinese economy loses steam and a crackdown on giving expensive gifts as favours hurts demand.

China Haidian, which bought Swiss watch brand Eterna in 2011, said on Wednesday it was acquiring Corum Watches for 86 million Swiss francs ($90.8 million) to develop its Swiss brand portfolio and attract more Chinese customers.

“We may consider additional acquisitions in the future to grow our business if an opportunity arises,” Hon Kwok Lung, chairman of China Haidian, said on Friday in written answers to questions from Reuters.

He said no purchases were planned for now.

Hon said China Haidian wanted to use its retail network in China to help distribute and market Corum watches in China, as it did with Eterna.

Eterna has said its revenue grew in 2012, but product and market development costs brought it a net loss of HK$69.28 million. It expects Eterna to break even in a couple of years.”

via China Haidian may buy more watchmakers after Corum | Reuters.

27/04/2013

* China agrees $8bn Airbus plane deal

BBC: “China has agreed to buy 60 planes from European firm Airbus, in a deal worth $8bn (£5.2bn) at list prices.

French President Francois Hollande and Chinese President Xi Jinping shake hands

It is the first such deal since the European Union suspended the inclusion of foreign airlines in its controversial Emissions Trading Scheme.

China had voiced its opposition to the scheme, which charges airlines for the carbon they emit.

Last year, Airbus had alleged that China blocked firms from purchasing its planes amid the row over the scheme.

The deal was signed as part of a series of agreements during French President Francois Hollande’s two-day visit to China.

It includes an order for 42 Airbus A320 aircraft and 18 A330 planes.”

via BBC News – China agrees $8bn Airbus plane deal.

27/04/2013

* Turkey becomes partner of China, Russia-led security bloc

One day Europe may well come to regret not wqelcoming Turkey into the EU.

Reuters: “NATO member Turkey signed up on Friday to became a “dialogue partner” of a security bloc dominated by China and Russia, and declared that its destiny is in Asia.

Turkey's Prime Minister Tayyip Erdogan makes a speech during the Global Alcohol Policy Symposium in Istanbul April 26, 2013. REUTERS/Murad Sezer

“This is really a historic day for us,” Turkish Foreign Minister Ahmet Davutoglu said in Kazakhstan’s commercial capital Almaty after signing a memorandum of understanding with Shanghai Cooperation Organisation Secretary General Dmitry Mezentsev.

“Now, with this choice, Turkey is declaring that our destiny is the same as the destiny of the Shanghai Cooperation Organisation (SCO) countries.”

China, Russia and four Central Asian nations – Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan – formed the SCO in 2001 as a regional security bloc to fight threats posed by radical Islam and drug trafficking from neighboring Afghanistan.”

via Turkey becomes partner of China, Russia-led security bloc | Reuters.

27/04/2013

* In China, the license plates can cost more than the car

Something like this used to be for Singapore care owners.

25/04/2013

* Xi Jinping orders generals and senior PLA officers to serve as privates

SCMP: “Chinese generals and senior officers will have to serve as the lowest-ranking soldiers for at least two weeks under a measure by President Xi Jinping to shake up the military and boost morale.

usa_sin109_35189443.jpg

Xi, as the nation’s commander-in-chief, issued the order over the weekend, which the Ministry of National Defence publicised on its website.

It dictates that officers with the rank of lieutenant-colonel or above must serve as privates – the lowest-ranking soldier – for not less than 15 days. Generals and officers will have to live, eat and serve with junior soldiers during the period.

They need to provide for themselves and pay for their own food. They must not accept any banquet invitation, join any sight-seeing tours, accept gifts or interfere with local affairs

“They need to provide for themselves and pay for their own food. They must not accept any banquet invitation, join any sight-seeing tours, accept gifts or interfere with local affairs,” said the directive, which covers both the People’s Liberation Army and the People’s Armed Police.

Leaders of regiment- and brigade-level units have to serve on the front line once every three years. Division- and army-level commanders must serve once every four years. Top leaders from army headquarters and military districts will do so once every five years.

The measure recalls a similar shake-up launched by Mao Zedong in 1958. Mao at the time famously said all military leaders should serve as foot soldiers for a month every year.

He used the chance to strengthen his control of the military and forced many powerful marshals and generals into retirement or exile.”

via Xi Jinping orders generals and senior PLA officers to serve as privates | South China Morning Post.

25/04/2013

* Single women in Shanghai outnumber men 4:1

Contrary to predictions by sociologists and economist, in Shanghai at least, men are not outnumbering women when it comes to marriage.

China Daily: “Women in Shanghai may find it increasingly difficult to find a spouse, Shanghai Morning Post reported Friday.

The number of single women in Shanghai is four times their male counterparts, according to a survey by the Shanghai Matchmaking Industry Association. And most of the women are between 30 and 35, the paper said.

More than 1.8 million unmarried people seek out matchmaking agencies for help, but only 20 percent find their mates through the intermediaries, said Zhou Juemin, head of the association.

Many single women are particular about picking a partner, even if they are not so young. But most well-off single men with cars and houses are above 35 and prefer young women around 25, Zhou said.

Meanwhile, being unmarried seems to upset the parents more than the singles themselves, as “most of the phone calls we receive every day are from parents,” Zhou said.

via Single women in Shanghai outnumber men 4:1 |Hot Issues |chinadaily.com.cn.

Law of Unintended Consequences

continuously updated blog about China & India

ChiaHou's Book Reviews

continuously updated blog about China & India

What's wrong with the world; and its economy

continuously updated blog about China & India