Posts tagged ‘Xi JinPing’

26/02/2015

China’s top court unveils deadlines for legal reform | Reuters

China’s top court set a five-year deadline on Thursday for legal reforms to protect the rights of individuals, prevent miscarriages of justice and make its judiciary more professional as the ruling Communist Party seeks to quell public discontent.

Zhou Qiang, President of China's Supreme People's Court, attends National People's Congress (NPC) in Beijing, March 7, 2013. REUTERS/Stringer

A statement on the Supreme Court’s website promised specific deadlines for each goal, including support for a “social atmosphere of justice” by 2018.

It gave more details of a decision reached at a four-day meeting last year, when the party pledged to speed up legislation to fight corruption and make it tougher for officials to exert control over the judiciary.

Despite the legal reforms, Chinese President Xi Jinping‘s administration has shown no interest in political change and has detained dozens of dissidents, including lawyers.

China’s top court stressed that one of the five basic principles of legal reform was adhering to the party’s leadership and “ensuring the correct political orientation”.

He Xiaorong, the director of the Supreme People’s Court‘s reform division, said the court “would make officials bear responsibility for dereliction of duty” for cases that have a wide impact.

“Only through the establishment of such a system can we ensure that we can guarantee social fairness and justice in every case,” He told a news conference, according to a transcript on the court’s website.

The measures reflect worries about rising social unrest. Anger over land grabs, corruption and pollution – issues often left unresolved by courts – have resulted in violence between police and residents in recent years, threatening social order.

via China’s top court unveils deadlines for legal reform | Reuters.

25/02/2015

Xi Jinping Hopes to Count in Chinese Political History With ‘Four Comprehensives’ – China Real Time Report – WSJ

Connoisseurs of Chinese political numerology can finally take a breath: After more than two years in office, Chinese President Xi Jinping has uncorked his own ordinal political philosophy.

In the past, Chinese leaders have tended to fall into two camps when expounding their theories of development: those who favor numbered lists, and those who opt for more conventional proclamations. Late Premier Zhou Enlai and former President Jiang Zemin were in the former camp, pushing the “Four Modernizations” and “Three Represents,” respectively. Meanwhile, Deng Xiaoping (“Reform and Opening Up”) and former President Hu Jintao (“Scientific Outlook on Development”) opted to eschew the integers.

Questions have loomed about what slogan Mr. Xi, who replaced Mr. Hu at the helm of the Communist Party in November 2012, would use to represent himself in the party’s theoretical pantheon. For a time, some thought he might follow his non-numeric predecessor and go with the “Chinese Dream” of national rejuvenation, a notion he put forward shortly after taking power.  It now appears he has decided otherwise.

On Wednesday, the Communist Party’s flagship newspaper People’s Daily and other Chinese media gave blanket coverage to what Mr. Xi has taken to calling the “Four Comprehensives,” a set of principles emphasizing the need to “comprehensively build a moderately prosperous society, comprehensively deepen reform, comprehensively govern the nation according to law and comprehensively be strict in governing the party.”

Aside from the idea of a moderately prosperous society — a Confucian ideal revived and popularized under Mr. Hu — the other catch-phrases are all closely associated with Mr. Xi, who has cracked down hard on corruption in Communist Party ranks while pushing for legal reforms and warning of the need to be resolute about reforms in general.

It wasn’t the first mention of “Four Comprehensives” in the Chinese press. Mr. Xi introduced the idea during an inspection tour in eastern China’s Jiangsu province in mid-December, according to People’s Daily, and the phrase made a few scattered appearances on Chinese-language news websites earlier this month. But Wednesday was the first time the theory was propagated on a wide scale, suggesting that it had earned widespread acceptance at the top of the party.

via Xi Jinping Hopes to Count in Chinese Political History With ‘Four Comprehensives’ – China Real Time Report – WSJ.

18/02/2015

China maps out vision of future prosperity along a New Silk Road | The Times

About half an hour west of Kashgar, China’s westernmost city, a chic estate agent bristling with pamphlets presents a vision of the future. Buy a place here — a short hop from the Uzbek border — and soon the global economy will pivot around you.

Her pitch boasts an artist’s impression of the villa complex a buyer might expect: miniature European palaces nestled between crystal lakes, arcades of high-end boutiques and a pine forest.

It takes (to put it mildly) an imaginative leap to square this idyll with the blistering desert and sheer, barren mountain range just outside the showroom, not to mention stories of ethnic bloodshed in the villages near by.

Yet the large image on the wall is a show-stopper. Kashgar, normally shown on the far left-hand side of Chinese maps, is a red dot at the centre of the world. Around and through it, planned road and rail lines on an epic scale twine and lunge towards Calais and Rotterdam at one end and Guangzhou and Shanghai at the other. Spurs dart off to Karachi, Tashkent, Helsinki, Moscow and Tehran. Australia and Turkey are mentioned as eventual waypoints. This Kashgar villa project, the saleswoman says, will sit at nothing less than the heart of the New Silk Road, a project viewed by some as the most important piece of geo-economic engineering we will see in our lifetimes.

Cheerleaders of the New Silk Road story have plenty to back their optimism, not least the fact that the vision is the unambiguous focus of President Xi. Talk about the Silk Road will ride high on China’s domestic political agenda this year; the global trade implications will start to reverberate soon afterwards. In 2013, when Mr Xi first laid out his ambition of building a Silk Road economic belt and a maritime Silk Road to run in parallel, he did so with the glint of a nation that is getting better and better at turning expansive blueprints into reality.

Mr Xi’s rhetoric doesn’t feel empty. China has buckets of cash to invest and a rising sense that it is deploying those funds at an historically perfect juncture: Europe is light on leadership, Putin’s Russia is not a natural builder of partnership and American domestic politics are a long-term drag on Washington’s capacity to build cohesive global visions. All around it, Beijing sees countries that may be wary of China’s ambition but, at the very least, are underwhelmed by the alternatives.

Yesterday, China’s central bank officially opened its new Silk Road fund, a $40 billion wedge of cash that supposedly will be run like a private equity investor and will drive the construction of the rail and road infrastructure on which all of President Xi’s strategic vision depends.

The blossoming of the Silk Road vision marks an even greater inflection-point in China’s economic advance — the moment when its outward direct investments, as a percentage of global investment flow, outpace inflows. Its investments abroad rose from $45 billion to more than $600 billion between 2004 and 2013. Since 2010, its two largest state-owned development banks have annually lent more to developing countries than the World Bank and China is the predominant funder of the Asia Infrastructure Investment Bank and the Brics Development Bank.

This all needs to be built into the way European leaders see the world, because at the moment, Mr Xi has a vision that could be internationalised or forever belong to China. While the initial stages of the Silk Road expansion will involve dreary-looking handshakes between China’s leaders and their various central Asian counterparts, the moment is fast arriving when the European economies have to work out the extent of their buy-in to Mr Xi’s dream.

via China maps out vision of future prosperity along a New Silk Road | The Times.

16/02/2015

China to prosecute former top parliament body official for graft | Reuters

China will prosecute a former vice-chairman of China’s top parliamentary advisory body for graft, including taking bribes and selling “ranks and titles”, the government said on Monday, the latest senior figure to fall in a deepening anti-corruption campaign.

Su Rong attends a group discussion during the National People's Congress in Beijing March 6, 2012.  REUTERS/Stringer

Su Rong had been one of the 23 vice-chairmen of the largely ceremonial but high-profile Chinese People’s Political Consultative Conference until authorities began an investigation last year.

Su abused his power over personnel appointments and the operation of unidentified companies and took “an enormous amount of bribes”, said the ruling Communist Party’s graft-fighting Central Commission for Discipline Inspection.

He “abused his power and caused great losses to state assets”, it said in a statement, without providing details.

“As a senior party official, Su Rong disregarded the party’s political rules … wantonly sold ranks and titles, led the official ranks astray and damaged the atmosphere in society,” the statement said.

His influence was “abominable” and he had been officially stripped of his title and expelled from the party, it said.

Details of Su’s case have been handed to judicial authorities, it said, and he will face prosecution in court.

Su previously served as Communist Party boss for the poor inland provinces of Jiangxi and Gansu.

Chinese media ha

via China to prosecute former top parliament body official for graft | Reuters.

14/02/2015

Military corruption: Rank and vile | The Economist

SO EXTENSIVE was the stash of jade, gold and cash found in the basement of General Xu Caihou’s mansion in Beijing that at least ten lorries were needed to haul it away, according to the Chinese press last October. Given General Xu’s recent retirement as the highest ranking uniformed officer in the armed forces, this was astonishing news. General Xu, the media said, had accepted “extremely large” bribes, for which he now faces trial. It will be the first of such an exalted military figure since the Communist Party came to power in 1949.

The People’s Liberation Army (PLA)—as the Chinese army, navy and air force are collectively known—has not fought a war for 35 years. But the world’s largest fighting force is now engaged in a fierce battle at home against corrosion within its ranks.

Xi Jinping, China’s president (pictured, pointing), has taken his sweeping anti-corruption campaign into the heart of the PLA, seemingly unafraid to show that a hallowed institution is also deeply flawed. In January the PLA took the unprecedented step of revealing that 15 generals and another senior officer were under investigation or awaiting trial. It said it would launch a stringent review of recruitment, promotions, procurements and all of its financial dealings in order to root out corruption.

One reason Mr Xi is keen to clean up the army is to ensure that it remains a bulwark of party rule. The PLA is the party’s armed wing—its soldiers swear allegiance to it rather than the people or the country. All officers are party members and each company is commanded jointly by an officer in charge of military affairs and another whose job it is to ensure troops toe the party line. Mr Xi has repeatedly stressed the party’s “absolute leadership” over the PLA. His definition of a “strong army” puts “obedience to the party’s commands” before “capability of winning wars”.

via Military corruption: Rank and vile | The Economist.

03/02/2015

BBC News – The palace of shame that makes China angry

There is a deep, unhealed historical wound in the UK’s relations with China – a wound that most British people know nothing about, but which causes China great pain. It stems from the destruction in 1860 of the country’s most beautiful palace.

Tourists at the Old Summer Palace

It’s been described as China’s ground zero – a place that tells a story of cultural destruction that everyone in China knows about, but hardly anyone outside.

The palace’s fate is bitterly resented in Chinese minds and constantly resurfaces in Chinese popular films, angry social media debates, and furious rows about international art sales.

And it has left a controversial legacy in British art collections – royal, military, private – full of looted objects.

By coincidence, one of the story’s central characters is Lord Elgin – son of the man who removed the so-called “Elgin marbles” from Greece.

But there’s a twist – a hidden side to this story – which I’ve been exploring as it involved my ancestor, Thomas Bowlby, one of the first British foreign correspondents.

His torture and death at Chinese hands – and the revenge taken by Britain, destroying the old Summer Palace in Beijing in 1860 – was a moment, says one scholar, that “changed world history”.

These days the site is just ruins – piles of scorched masonry, lakes with overgrown plants, lawns with a few stones scattered where many buildings once stood. The site swarms with Chinese visitors, taken there as part of a government-sponsored “patriotic education” programme.

As everyone in China is taught, it was once the most beautiful collection of architecture and art in the country. Its Chinese name was Yuanmingyuan – Garden of Perfect Brightness – where Chinese emperors had built a huge complex of palaces and other fine buildings, and filled them with cultural treasures.

A new digital reconstruction by a team at Tsinghua University gives a vivid idea of what this extraordinary place looked like when, 155 years ago, a joint British-French army approached Beijing.

via BBC News – The palace of shame that makes China angry.

03/02/2015

China’s Antigraft Drive Turns to Financial Sector – China Real Time Report – WSJ

President Xi Jinping’s two-year antigraft campaign is hitting China’s vast financial sector, according to officials with knowledge of the matter, after investigators began questioning a senior executive at a major bank over his political ties and a board member at a second lender regarding possible corruption. As the WSJ’s Lingling Wei reports:

Mao Xiaofeng, until recently a rising star at China Minsheng Banking Corp. , resigned as president for “personal reasons,” Minsheng said on Saturday. Chinese anticorruption officials are questioning Mr. Mao over his ties to a former top Chinese Communist Party official, Ling Jihua, who is himself being investigated by graft inspectors, according to an official at one of China’s financial regulatory agencies.

And late Monday nightBank of Beijing Co. said that Lu Haijun, a board member, is being investigated over “possible serious violations” of party discipline—a euphemism for corruption among Chinese officials. A statement the bank posted on the Shanghai Stock Exchange said its operations aren’t affected by the probe.

via China’s Antigraft Drive Turns to Financial Sector – China Real Time Report – WSJ.

31/01/2015

China expels top police official from Communist Party | Reuters

Fast and furious, the anti-corruption campaign continues to run.

“A top police official under investigation for corruption has been expelled from China’s ruling Communist Party, the country’s top anti-graft body said on Friday.

State media said Cai Guangliao holds the rank of major general in the paramilitary armed police, which is under the powerful Central Military Commission (CMC). He was first placed under investigation last year on suspicion of violating party discipline, a euphemism for corruption.

A statement from the anti-corruption agency said Cai took advantage of his position to seek benefits for others and accepted bribes, illegally engaging in business activities and accepting gifts of money and valuables.

His case has been transferred to the judicial system, the statement said.”

via China expels top police official from Communist Party | Reuters.

26/01/2015

China’s Xi Builds Support for Big Move: Putting Politics Ahead of the Economy – China Real Time Report – WSJ

Many observers—including U.S. President Barack Obama – claim that Chinese leader Xi Jinping has already consolidated his political power and now commands more authority at a far earlier point than his predecessors did when they ruled China.

On the surface, there seems to be ample evidence for this conclusion. In his first two years at the helm, Xi has taken out powerful political rivals, become a ubiquitous presence in the party media and put himself in a position to dominate policy making.

There’s also been unusual attention in the press to Xi’s experiences as an adolescence and his early days as a Communist party member, which praise Xi’s stamina as a sent-down youth (in Chinese) and his problem-solving talents as a cadre (in Chinese). Chinese media refer to China’s president colloquially as “Big Daddy Xi” and extol his visits and musings as major events. And last week, a series of oil paintings were unveiled on the website of the Ministry of Defense depicting Xi in his role as China’s paramount leader.

This hagiography seems to suggest Xi’s unassailable status.But there’s a better explanation for this relentless publicity: Because Xi’s embarking on a very different path for China, he needs all the positive promotion he can get.

Xi knows as well as anyone that governance in China has shifted. The move away from a Maoist-style dictatorship to a collective leadership means that only by enacting and implementing reforms can a Chinese leader stay upright and ahead politically. It’s authority over policy decisions–not power for its own sake–that drives China’s leaders.

For much of the last half-century, changing China through economic reform seemed to make far better sense than transforming the country through political revolution.

Deng Xiaoping, the chief architect of China’s economic transformation, changed the national focus to getting rich and kept conservative critics at bay; his successor, Jiang Zemin, extended Deng’s achievements by bringing businessmen into the Communist Party and ushering China further into the international economic order. Hu Jintao, who followed Jiang, concentrated on the parts of China’s population left behind by a booming economy—and worked to underwrite those officials who agreed with that approach.

Then along came Xi, looking to invert this equation—to put politics back in command of economics.

In Xi’s view, China’s economic boom hasn’t always enhanced the party’s image, because it’s also offered opportunities for government officials to engage in graft. The Communist Party’s previous emphasis on economics wasn’t the cure so much as part of a larger disease that made too many officials more concerned with growing their bank accounts instead of developing the country. The state of China’s GDP may be a major concern for some, but Xi’s focus on getting the party rectified first indicates that he disagrees. For Xi, only by pushing economics aside and focusing on politics—specifically, ideology–can party rule be protected.

In recent days, Xi and his supporters have been advertising ideology to supplant economics more ardently.

For example, instead of asking China’s universities to become engines of innovation that might invigorate economic growth, Xi and his comrades are seeking to enforce the Party’s control over the classroom.

Xinhua summarized a recent proposal to tighten ideological oversight, quoting a document instructing administrators, that “higher education is a forward battlefield in ideological work, and shoulders the important tasks of studying, researching and spreading Marxism, along with nurturing and carrying forward socialist values.”

The party main theoretical journal, Qiushi, jumped in with a widely-reprinted essay (in Chinese) that slammed those professors who “as part of some new fashion, use their positions of authority to discredit China.” These instructors, the commentary contended, “present views that are not part of the social mainstream.”

Others are also under pressure to bend to politics.

The China Law Society was told last week, according to one report, to “improve its decision-making advisory service to establish itself as a key think tank [by placing] more emphasis on collective thoughts rather than individual thinking.”

That’s a signal to institutions that are largely under party oversight to forego suggestions that hint at dissent and get back in line.

And a few days earlier, People’s Daily, the party’s flagship newspaper, sounded the same refrain of increasing ideological oversight of officials who might be still skeptical of Xi’s changes, devoting an entire page of its Tuesday edition to the need for “political discipline,” with one essay stating emphatically (in Chinese) that “without rules, there are no standards; without standards, a political party cannot exist.”

That sort of talk inspires politically conservative cadres who enjoy their reform in the shape of smackdowns. And building a high public profile is Xi’s way of saying to cadres and citizens alike that he’s the best man to prove that China needs politics to push economics.

via China’s Xi Builds Support for Big Move: Putting Politics Ahead of the Economy – China Real Time Report – WSJ.

24/01/2015

China’s Risks in Shedding Debt-Fueled, Investment-Led Growth – Businessweek

Few Chinese leaders are as revered as Deng Xiaoping. His late-1970s modernization drive led to an unrivaled run of high-speed growth. Chinese President Xi Jinping, who has big reform ambitions of his own, often evokes the memory of the paramount leader, who died in 1997. In 2012, shortly before he assumed the top government job, Xi signaled his own liberalization agenda by retracing Deng’s famous tour in 1992 of southern Guangdong province to promote economic reform. Last August, in a speech marking the 110th anniversary of the revolutionary leader’s birth, Xi, like his predecessors, recycled Deng-era slogans such as “socialism with Chinese characteristics.”

Is China Coming Down to Earth?

Deng’s legacy as the architect of Chinese modernity rides on a record of 10 percent average annual growth from 1980 through 2012. Xi oversees an economy that’s decelerating and that grew 7.4 percent in 2014, the weakest performance since 1990, when it grew 3.8 percent. The International Monetary Fund predicts that Chinese expansion will steadily decline to 6.8 percent this year and 6.3 percent in 2016, when archrival India is expected to eclipse China at 6.5 percent. All of which raises a question unthinkable a few years ago: Is the China growth miracle winding down for good?

China’s transformation from an agrarian backwater to a $9.2 trillion economy with globally competitive companies, including Xiaomi, Huawei, Baosteel, and Alibaba, has been remarkable. And plenty of countries would be thrilled with 6 percent growth. Yet China is also home to income inequality on par with that of Nigeria and Mexico, a rapidly aging populace, and a world-class environmental crisis. Years of politically driven investment with diminishing returns have led to too much debt and industrial overcapacity, as well as ghost cities with unfinished hotels and absurd ambitions. (You can soon visit Tianjin’s replica of Manhattan, provided you like your replica cities free of actual humans.) Loose credit conditions contributed to an unsustainable six-month, 63 percent stock price increase, prompting regulatory authorities on Jan. 19 to order the nation’s three biggest brokerages to stop adding new margin-trading accounts. The Shanghai Composite index tumbled 7.7 percent on Jan. 19, the biggest one-day drop since the financial crisis in 2008.

The total debt of the world’s No. 2 economy is roughly $18 trillion, or about 200 percent of GDP

China’s investment spending binge is packing less of a punch than it used to, according to the World Bank. From 1991 to 2011, it took $3.60 of investment to generate $1 of GDP growth. At the end of 2012 it required $5.40. Meanwhile, the country’s total debt—government, corporate, and household—is now roughly $18 trillion, or about 200 percent of total gross domestic product. “We’ve got the biggest debt bubble that the world has ever seen, and credit is continuing to grow [about] twice as fast” as the Chinese economy, says credit analyst Charlene Chu, a partner with Autonomous Research Asia in Hong Kong. Chinese officialdom is keenly aware of the problem. The growth model that delivered productivity spurts in the late 1990s—powered by reforms of state-owned enterprises and new technology brought in by foreign investors after the country’s admission into the World Trade Organization in the early 2000s—has lost its edge. As early as 2007, China’s then-Premier Wen Jiabao described his economy to the National People’s Congress as “unstable, unbalanced, uncoordinated, and unsustainable.”

Michael Pettis, a finance professor at the Guanghua School of Management at Peking University, says the Chinese experience has much in common with Brazil in the 1960s, the Soviet Union in the 1970s, and Japan in the 1980s. All resorted to what economists call the financial repression of households to accelerate development. Family savings were channeled primarily into bank accounts with regulated and below-market deposit rates. Banks then recycled the capital into low-interest loans for businesses to build factories at home and to export abroad.

When it works, and it did stupendously for China, the economy hits the fast lane and incomes grow so fast that consumers don’t mind getting low returns on their savings—or being ruled by an unaccountable one-party state. Unfortunately, research by Pettis shows, “every investment-led growth miracle in the last 100 years has broken down.”

Xi and Premier Li Keqiang are trying to avoid that fate by guiding China onto a more sustainable path that would bolster the role of consumer spending (about 34 percent of GDP, vs. 68 percent in the U.S. in 2013, the World Bank reports) and shift the economy to a more services-oriented model. They say they’ve mapped out more than 300 reforms that over time will reduce state intervention in the economy and energy price controls that favor manufacturers; the changes will also improve the social safety net and encourage market-driven deposit rates to get Chinese families saving less and spending more.

via China’s Risks in Shedding Debt-Fueled, Investment-Led Growth – Businessweek.

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