Posts tagged ‘China’

21/11/2012

* China’s commerce minister voted out in rare congress snub

Is this the start of something new and different – internal CPC democracy?  Time will tell.

Reuters: “China’s commerce minister was surprisingly blocked from a spot on the ruling Communist Party’s elite body during a conclave this week, sources said, a rare snub for an official that could raise questions about trade policies during his tenure.

China's Minister of Commerce Chen Deming looks on during a news conference at the 8th World Trade Organization Ministerial Conference in Geneva December 15, 2011. REUTERS/Denis Balibouse

The failure of Chen Deming to secure a seat on the 25-member Politburo marks one of the few surprises to emerge from the party’s five-yearly congress that wrapped this week with the anointing of a new slate of top leaders who will run the world’s second largest economy.

It is also the first time in more than two decades that an official designated for a Politburo spot has been voted out of the party’s 205-member Central Committee in elections. Central Committee membership is a prerequisite for a Politburo seat.

“Chen Deming was voted out during multi-candidate elections to the Central Committee,” one source told Reuters. State news agency Xinhua said there were eight percent more candidates than seats in a preliminary vote before the formal election on Wednesday.”

via China’s commerce minister voted out in rare congress snub: sources | Reuters.

20/11/2012

* China, India to hold strategic economic dialogue this month

Xinhua: “China and India will hold the second round of strategic economic talks in New Delhi on Nov. 26, a Chinese Foreign Ministry spokesperson confirmed Tuesday.

Zhang Ping, head of China’s National Development and Reform Commission, and Indian Planning Commission Deputy Chairman Montek Singh Ahluwalia will co-chair the dialogue.

At a daily press briefing, Chinese Foreign Ministry spokesperson Hua Chunying briefed reporters on the talks.

Hua said the dialogue constituted an important part of the “Year of China-India Friendship and Cooperation” activities.

The two sides will exchange views to seek broader economic cooperation and promote coordination on macroeconomic policy. They will also strenghten cooperation in areas such as investment, infrastructure, high-technology, energy-saving and energy resources.

China and India held the first round of the strategic economic dialogue in Sept. 2011.

When responding to a question on border issues, Hua said specific information of the new round of meetings between special representatives on China-India border issues will be released at an appropriate time.

China and India experienced a border conflict in 1962.

The two countries launched the mechanism of meetings between special representatives on border issues in 2003. The previous round of meetings on border issues was held in India in January.”

via China, India to hold strategic economic dialogue this month – Xinhua | English.news.cn.

20/11/2012

* Only one Politburo Standing Committee members are not technocrats

This major change in background may get reflected in the sort of long-term investments China undertakes. Will there be another three gorges dam? Will highways, railways and power stations be built at the same pace as in the past? Or will social and cultural investments come to the fore?

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18/11/2012

* Southeast Asia calls for talks with China on sea dispute

S E Asia may be joining hands to call China to the discussion table; but China really dislikes being pressured and much prefers one-to-one dialogue and bi-lateral agreements.

Reuters: “Southeast Asian nations displayed a rare show of unity on Sunday against China’s sweeping maritime claims, calling for the first formal talks with Beijing over a sea dispute that has raised tensions and exposed deep divisions in the region.

(L - R)Singapore Prime Minister Lee Hsien Loong, Thailand Prime Minister Yingluck Shinawatra, Vietnam Prime Minister Nguyen Tan Dung, Cambodia Prime Minister Hun Sen and the Sultan of Brunei Hassanal Bolkiah hold hands during the opening ceremony of the 21st ASEAN (Association of Southeast Asian Nations) and East Asia summits in Phnom Penh November 18, 2012. REUTERS-Samrang Pring

As Chinese Premier Wen Jiabao arrived in Cambodia for meetings with Southeast Asian leaders, the 10-member Association of Southeast Asian Nations (ASEAN) appeared determined to avoid a repeat of an embarrassing breakdown of talks in July over competing claims in the mineral-rich South China Sea, its biggest security challenge.

Cambodia’s Prime Minister Hun Sen will tell Wen that ASEAN wants to begin talks on a binding Code of Conduct, aimed at reducing the chance of naval flashpoints, as soon as possible, ASEAN Secretary General Surin Pitsuwan told reporters.

“Prime Minister Hun Sen himself will be discussing with the PM of China tonight and delivering this consensus on the ASEAN side,” Surin said.

“They would like to see the commencement of the discussion as soon as possible because this is an issue of interest, concern and worry of the international community.”

China’s assertive claims in the South China Sea have sown deep divisions within the bloc at a time when military spending in the region is surging and the United States refocuses attention on Asia – a “pivot” that President Barack Obama will reinforce on his visit to the summit on Monday in Cambodia’s capital, Phnom Penh.

Chinese ally Cambodia has used its powers as ASEAN chair this year to restrict discussion of the issue, in line with Beijing’s view that the disputes should be discussed on a bilateral basis. China has said it is willing to discuss the Code of Conduct when the “time is right.”

Diplomats said the Philippines, a close U.S. ally, had invited fellow Southeast Asian claimant states Vietnam, Brunei, and Malaysia to separate talks in Manila to be held later this year or early next year.

“We are trying to make that happen, hopefully in Manila,” Philippine Foreign Secretary Albert del Rosario told reporters.

The other members of ASEAN include Cambodia, Laos, Myanmar, Thailand, Singapore and Indonesia, none of which have claims on the South China Sea.

One Philippine diplomat said the meeting was aimed at resolving issues among the claimant states, such as overlapping economic zones. He voiced frustration with China for delaying the start of talks with ASEAN over the Code of Conduct.

“ASEAN has done its part,” the diplomat said. “Now it is up to China to also come up with its own because when we formally sit down we will present our position to them. In fact we have already written it.””

via Southeast Asia calls for talks with China on sea dispute | Reuters.

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17/11/2012

* Students from China add $5b to US economy

Not only does China own more of US debt than any other country, Chinese students account for the number 1 foreign students in the US. On top of it trade between the two is also at a very high level. Any concerns about military conflict between the US and China must be a remote possibility. They are too inter dependent. Never did the US-Soviet relationship approach anything like that of US-China. I hope I am right!

China Daily: “Booming Chinese-student enrollment in United States colleges and universities contributed nearly $5 billion to the US economy in the 2011-12 academic year, an education expert estimated.

“The rise of China as a contributor to the economies of many US institutions mirrors the increasing influence of China in the global economy,” wrote Rahul Choudaha, director of research and advisory services at World Education Services in an e-mail to China Daily.

World Education Services is a New York-based nonprofit that specializes in international education and research.

“In 2003-04, there were 61,765 Chinese students enrolled in the US, contributing an estimated $1.4 billion to the economy. This ballooned to 194,029, contributing nearly $5 billion, in 2011-12,” Choudaha added.

The number of Chinese students enrolled in US institutions of higher education in 2011-12 increased from 157,558 to 194,029, or 23 percent, over the previous year, a new report shows.

The Open Doors 2012 report, published on Tuesday by the Institute of International Education with support from the Bureau of Educational and Cultural Affairs of the US State Department, reveals that international students in US universities make a significant positive economic impact on the US.

The report also shows that nearly half of Chinese students favor business and engineering, which became the top two majors among Chinese students.”

via Students from China add $5b to US economy |Society |chinadaily.com.cn.

14/11/2012

* Constitution hails reform and opening up China’s “salient feature”

It’s one thing to change the constitution, it’s another to effect real change.  Let’s hope China means it and that by reform it means both economic and political reform.

Xinhua: The Communist Party of China (CPC) has amended its Constitution to hail reform and opening up as the path to a stronger China, and the salient feature of the new period in China, according to a resolution approved by the just-ended 18th CPC National Congress on Wednesday morning.

The inclusion of this statement in the Party Constitution will help the whole Party acquire a deeper understanding of the importance of continuing to carry out reform and opening up and thus pursue this endeavor even more consciously and with greater determination, says the resolution.

It is by carrying out reform and opening up that China has achieved rapid development in the past 30-plus years, and it is reform and opening up that will ensure its future development, it says.

“Only reform and opening up can enable China, socialism and Marxism to develop themselves,” it says.”

via Constitution hails reform and opening up China’s “salient feature” – Xinhua | English.news.cn.

14/11/2012

* China turns to machines as farmers seek fresh fields

Unless China solves the agricultural productivity soon, it will become a global rather than a Chinese problem.

Reuters: “China needs to replace millions of workers who have quit farms for cities, but even its vast state power might not be able to transform the countryside into a network of big industrial farms capable of feeding its growing economy.

A farmer drives a harvester to reap through a corn field in Suibin state farm, Heilongjiang province in this October 16, 2012 file photo. China needs to replace millions of workers who have quit farms for cities, but even its vast state power might not be able to transform the countryside into a network of big industrial farms capable of feeding its growing economy. Pulling together small plots of land to make larger operations and introducing modern mechanical techniques would help boost productivity, vital if China's agricultural sector is to meet soaring domestic food demand.REUTERS-David Stanway-Files

Pulling together small plots of land to make larger operations and introducing modern mechanical techniques would help boost productivity, vital if China’s agricultural sector is to meet soaring domestic food demand.

But efforts to modernize the sector are struggling to gain traction because many farmers are suspicious about giving up their land, and even for some mechanized farms, there are too few workers.

Guaranteeing food security is a major tenet of the ruling Communist Party. The country is self-sufficient in rice and wheat, but is struggling to meet corn demand and has long given up trying to satisfy soy demand. It is the world’s biggest importer of soybeans, and a major buyer of corn.

It has increased grains output for nine straight years and aims to add 50 million tonnes per year by 2020 to the record 571.21 million tonnes of grain harvested in 2011.

“It now needs the government to come out and manage the land of those who give consent, and improve economies of scale,” said Fu Xuejun, a manager at the Baoquanling farm, owned by the Beidahuang Group, a huge state-owned farming conglomerate in Heilongjiang in northeast China.

Some say China should give up its fixation with self-sufficiency and take advantage of growing grains trade internationally.

“China used to emphasize self-sufficiency because the international environment was not favorable,” said Li Guoxiang, researcher with the Rural Development Institute of the China Academy of Social Sciences (CASS). “Food security should have two aims – one is domestic production and the other is the ability to buy overseas.”

via Analysis: China turns to machines as farmers seek fresh fields | Reuters.

See also: https://chindia-alert.org/2012/02/23/china-finally-realises-that-migrant-workers-are-not-a-transient-issue/

14/11/2012

* Respected China banker tipped to head anti-graft effort

Let us hope that Mr Wang does get included in the Central Committee of the Politburo; and that he retains his integrity and zealousness. Unless corruption is reduced substantially within the next five years, the future hold of the CPC on China will gradually but surely slip away.

Reuters: “A respected trade negotiator and former banker is likely to head China’s fight against corruption, a top priority for the world’s second-biggest economy, following his appointment to a key council at the end of the 18th congress of the Communist Party.

Known as “the chief firefighter”, Wang Qishan, 64, sorted out a debt crisis in southern Guangdong province where he was vice governor in the late 1990s. Later, he replaced the sacked Beijing mayor after a cover-up of the deadly SARS virus in 2003.

Wang is now a shoo-in for the elite standing committee, the highest level of decision-making in China, after being elected to the party’s central committee and its graft-battling Central Commission for Discipline Inspection.

“The bad news is that we are going to lose one of the most capable economic affairs managers in the country,” said Bo Zhiyue, a Chinese politics expert at the National University of Singapore.

“The good news is that the new Chinese leadership is really interested in doing something about corruption,” he added. “With the nickname ‘firefighter’, I think he would be one of the most capable leaders of the Politburo Standing Committee.”

via Respected China banker tipped to head anti-graft effort | Reuters.

14/11/2012

* How China Has Blocked Vale’s Iron-Ore Megaships

From supportive partner to antagonistic rival?

WSJ: “Brazilian miner Vale SA has spent around $2 billion on a fleet of huge ships to carry its iron ore from Brazil to China. The problem: China won’t let them in.

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Chinese regulators have cited safety concerns over Valemax ships, as the cargo vessels are called. But analysts and industry observers point to a different reason: opposition from a Chinese shipping-industry group dominated by a state-owned company.

The Valemax fight offers a glimpse of one of the biggest battles China’s new leaders will face as they take the reins of the world’s No. 2 economy this week. Economists widely agree that to achieve sustainable growth, Beijing must open its doors to more competition and shake up state-controlled companies.

But the effort will face considerable challenges in a country where the line is blurred between state-owned enterprises and regulators.State-owned enterprises and their top regulator have pledged an overhaul but also have defended their role in the Chinese economy. “This is a special characteristic of China and critical to the development of a socialist economy,” said Wang Yong, director of the State-Owned Assets Supervision and Administration Commission.

State-owned enterprises dominate businesses including telecommunications and banking, leaving consumers with only three mobile-phone operators and lending dominated by state-controlled companies. In the energy sector, just a handful of domestic companies control exploration and production. Foreign car companies must form joint ventures with Chinese partners and share important technology.”

via How China Has Blocked Vale’s Iron-Ore Megaships – WSJ.com.

13/11/2012

* Child journalists grill ministers at China congress

“From the mouth of babes …” If only the official response had been more honest and not from the standard script.

SCMP: “The innocent but pointed questions from a pair of young reporters to officials at China’s Communist Party talks have provided a refreshing break from the usual fare of bland reports and rote answers.

china_communist_party_congress.jpg

The plucky 11-year-old reporters from Chinese Teenagers News have become a minor media sensation in their own right by highlighting hot-button issues that typically make authorities squirm, including food safety and rising prices.

Zhang Jiahe, press badge around his neck and “junior journalist” embroidered on his clothing, told China’s housing minister that rising accommodation costs were affecting disposable income – including for new toys.

“Our family has not bought a house but a few friends nearby have faced this problem,” he said at the normally tightly-scripted gathering that heralds the unveiling of a new leadership on Thursday.

Skyrocketing property prices have squeezed China’s growing urban population in recent years even as government controls have slowed their rise.

Meanwhile food safety scandals have put off Zhang’s colleague Sun Luyuan and her friends from eating their favourite snacks.

“I love snacks, but I don’t dare to eat snacks now because we see so many reports these days of problems with food products,” she asked high-level officials, according to the state-run China News Service.

“Why are these kinds of food products available for purchase?”

Many Chinese have become concerned about food safety after a spate of scandals including a vast contamination of milk powder in 2008 that killed six babies and sickened 300,000 others.

“I thought of the question myself,” Sun told reporters this week of last Friday’s press conference. “I think this issue is very important to us so I really wanted to ask this question.”

Sun said the delegates had all been friendly so she was not afraid to put queries to them on behalf of Chinese Teenagers News, which is affiliated with the Communist Youth League.

The pair’s supervisor told reporters they were selected for the assignment because they were among the best journalists at the paper.

For over an hour during a press conference on Monday, both faced forward and sat up straight, seemingly unfazed by the unending flashes as photographers captured their efforts.

But while the child reporters’ inquiries have been acute, they have only received standard answers.

Sun was given a stock response on food standards from officials who pledged the government was addressing the situation and putting proper safety measures in place – a line repeated for years even as the scandals have persisted.

via Child journalists grill ministers at China congress | South China Morning Post.

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