Posts tagged ‘Xi JinPing’

01/04/2014

China charges former senior military officer with graft: Xinhua | Reuters

China has charged former senior army officer Gu Junshan with corruption, state news agency Xinhua said, in what is likely to be the country’s worst military scandal since a vice admiral was jailed for life for embezzlement in 2006.

An unfinished residence which belongs to former People's Liberation Army (PLA) General Gu Junshan is pictured in Puyang, Henan province January 19, 2014. REUTERS/Stringer

In a renewed campaign on graft, Chinese President Xi Jinping has vowed to go after both powerful “tigers” and lowly “flies”, warning that the issue is so severe it threatens the ruling Communist Party’s survival.

Gu has been charged with corruption, taking bribes, misuse of public funds and abuse of power, Xinhua said on one of its official microblogs on Monday. He will be tried by a military court, it added.

Three sources with ties to the leadership or military, speaking on condition of anonymity, said Gu also sold military positions.

Gu has been under investigation for corruption since he was sacked as deputy director of the logistics department of the People’s Liberation Army (PLA) in 2012, sources have said.

Sources told Reuters this month that Xu Caihou, 70, who retired as vice chairman of the powerful Central Military Commission last year and from the Communist Party’s decision-making politburo in 2012, was under virtual house arrest while helping in the probe into Gu.

As one of Gu’s main supporters in his rise through the ranks, Xu is being implicated in ignoring, or at least failing to report, Gu’s alleged misdeeds.

Reuters has not been able to reach either Xu or Gu for comment. It is not clear if they have lawyers.

via China charges former senior military officer with graft: Xinhua | Reuters.

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30/03/2014

Germany, China say renminbi hub in Frankfurt will boost trade | Reuters

A decision by Germany and China to make Frankfurt a European hub for financial transactions in the Chinese currency will give new momentum to trade between the two economic powers, Chinese President Xi Jinping and a German minister said on Saturday.

China's President Xi Jinping waves to media following a joint news conference with German Chancellor Angela Merkel after an agreement signing, at the Chancellery in Berlin March 28, 2014. REUTERS/Fabrizio Bensch

In a speech to politicians and business leaders in the city of Duesseldorf, Xi said setting up the hub for the renminbi in Germany “represents an important step on the road of the internationalisation of our currency,” according to a translation.

The Bundesbank and the People’s Bank of China signed an agreement on Friday to facilitate transactions in the Chinese currency in Frankfurt and to cooperate more closely in clearing and settlement arrangements of renminbi payments.

Up to now, transactions in China’s currency, the renminbi or yuan, have been impractical for all but very large European companies that are able to involve China’s central bank in a deal, because the renminbi is not freely convertible.

via Germany, China say renminbi hub in Frankfurt will boost trade | Reuters.

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30/03/2014

Exclusive: China seizes $14.5 billion assets from family, associates of ex-security chief – sources | Reuters

Chinese authorities have seized assets worth at least 90 billion yuan ($14.5 billion) from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China’s biggest corruption scandal in more than six decades, two sources said.

China's Public Security Minister Zhou Yongkang reacts as he attends the Hebei delegation discussion sessions at the 17th National Congress of the Communist Party of China at the Great Hall of the People, in Beijing in this October 16, 2007 file photo. REUTERS/Jason Lee/Files

More than 300 of Zhou’s relatives, political allies, proteges and staff have also been taken into custody or questioned in the past four months, the sources, who have been briefed on the investigation, told Reuters.

The sheer size of the asset seizures and the scale of the investigations into the people around Zhou – both unreported until now – make the corruption probe unprecedented in modern China and would appear to show that President Xi Jinping is tackling graft at the highest levels.

But it may also be driven partly by political payback after Zhou angered leaders such as Xi by opposing the ouster of former high-flying politician Bo Xilai, who was jailed for life in September for corruption and abuse of power.

Zhou, 71, has been under virtual house arrest since authorities began formally investigating him late last year. He is the most senior Chinese politician to be ensnared in a corruption investigation since the Communist Party swept to power in 1949.

“It’s the ugliest in the history of the New China,” said one of the sources, who has ties to the leadership, requesting anonymity to avoid repercussions for speaking to the foreign media about elite politics.

The government has yet to make any official statement about Zhou or the case against him and it has not been possible to contact Zhou, his family, associates or staff for comment. It is not clear if any of them have lawyers.

via Exclusive: China seizes $14.5 billion assets from family, associates of ex-security chief – sources | Reuters.

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26/03/2014

Fashion contest the focus of ‘first lady diplomacy’ during Michelle Obama’s China visit | South China Morning Post

The closely watched day spent together by the first ladies of China and the United States have sparked lively online discussions this week. Comparison of the two women kicked off the moment Peng Liyuan, the glamorous singer wife of Xi Jinping, welcomed her counterpart Michelle Obama at a Beijing high school on Friday morning.

That the two have much in common is obvious: both women, in their early 50s, are lauded for their sense of style, are highly-educated and managed successful careers before their husbands became leaders. Both are active in charity initiatives in public health, and both have daughters.

Commenting on everything from their choice of outfits to the details of their visits, the curious online public were amazed by the juxtaposition of these two women with strong personalities.

Thomas Ye, a widely followed fashion blogger on Chinese social media platforms who tweets under “Gogoboi”, graded their attire:

Chinese President Xi Jinping (C) and his wife Peng Liyuan (R) show the way to US first lady Michelle Obama (L) as they proceed to a meeting room at a guest house in Beijing on March 21, 2014. Photo: AFP

“Fashion contest first round: Michelle Obama’s casual black waistcoat, shirt and wide-legged trousers were eclipsed by a dignified Peng, exemplified by her formal navy blue suit, decorated with a red purse. Top points to Peng,” he wrote on Sina Weibo over the weekend.

The second round, however, went to Obama, who “hit back” with a joyful red dress by designer designer Naeem Khan  when she showed up for a banquet at the Diaoyutai State Guesthouse on Friday evening.

Several official media outlets joined the discussion.

The official China Daily said in a photo caption showing their dresses: “The first ladies of China and the US … have much in common: They are symbols of glamour in their own countries and stand uneclipsed by their more powerful husbands. They are loved by the public not because of their spouses but for who they are. Each woman has created a ‘power centre’ – a kind of soft power – from a combination of femininity and self-assertion”.

China once again embraced the idea of “first lady diplomacy” since Xi Jinping took power in 2013, in the hope of giving a soft touch to the country’s rising assertiveness. The country’s last visible “first lady” was the charismatic Wang Guangmei, wife of Liu Shaoqi, who held the presidency between 1959 and 1966.

Peng’s increasing popularity with the public – thanks to her gracious manners and elegant style gained through her years as a professional performer – raises questions about the extent of her role.

via Fashion contest the focus of ‘first lady diplomacy’ during Michelle Obama’s China visit | South China Morning Post.

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26/03/2014

China says supports international financial aid for Ukraine | Reuters

Ukrainian Finance Minister Oleksander Shlapak says he is negotiating with the International Monetary Fund for a loan package of $15 billion to $20 billion because the economy had been severely weakened by months of political turmoil and mismanagement.

Civilians entering Ukraine (L) have their passports checked as Ukrainian border guards (R) stand at a Russian-Ukrainian border crossing near the village of Uspenka, in eastern Ukraine March 25, 2014. REUTERS/Yannis Behrakis

U.S. President Barack Obama has also urged the IMF to reach agreement swiftly on a financial support package for Kiev, which would unlock additional aid from the European Union and Washington.

Asked about aid for Ukraine, China, whose President Xi Jinping discussed Ukraine with Obama on Monday, said that the government “upholds the maintaining of Ukraine’s financial stability”.

“International financial organizations ought to get down to dealing with this, to ensure Ukraine’s financial and economic stability,” foreign ministry spokesman Hong Lei told a daily news briefing.

He did not elaborate, instead repeating that China had proposed setting up an international coordination mechanism to look for a political solution to the crisis over Russia’s annexation of Ukraine’s Crimea peninsula.

China, he said, hoped all parties in the international community would take no actions to worsen the situation.

China has adopted a cautious, low-key response to the crisis, not wanting either to alienate key ally Russia or comment directly on the referendum in which Crimea voted overwhelmingly to join Russia, lest it set a precedent for its own restive regions, like Tibet.

via China says supports international financial aid for Ukraine | Reuters.

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24/03/2014

China Cracks Down on Ghost City Monoliths – Businessweek

China is getting serious about reining in at least one aspect of its ghost cities—the monolithic work palaces built for civil servants. On March 19, the central government announced it has investigated 147 officials and punished 55 for violating a five-year ban, imposed last July, on construction of all new government buildings.

An empty apartment building construction project in Ordos city, Inner Mongolia, China

“The malpractice of constructing new government buildings should be exposed. Departments and individuals should never cover or shield the malpractice,” said the State Council in its statement. “Precious funds should be used for safeguarding and improving the people’s well-being,” the statement said, as reported by the official Xinhua News Agency.

The ban has at least two purposes. One is to compel local governments to spend state funds more wisely, as concerns about growing levels of debt are mounting. China’s National Development and Reform Commission last year announced that 144 cities in 12 provinces were planning to build more than 200 new towns.

STORY: Breaking Through China’s Great Firewall

A Feb. 20 analysis by Beijing economic consultancy Gavekal Dragonomics showed that by 2011, 45 percent of all investment in China was channeled into “stagnant or loser prefectures,”—defined as those with little or negative population growth.

“Empty towns and ghost cities are redundant constructions that do not generate much economic benefit. They are a huge waste of resources which pile debt pressure onto local governments,” editorialized the People’s Daily last year.

The ban is also part of President Xi Jinping’s effort to curb ostentatious behavior by government officials and crack down on graft. The aim is “to promote a national frugality campaign and curb official’s appropriation of public funds,” explained Xinhua.

via China Cracks Down on Ghost City Monoliths – Businessweek.

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21/03/2014

Michelle Obama starts landmark trip[1]- Chinadaily.com.cn

After a long journey from Washington, US first lady Michelle Obama landed in Beijing on Thursday evening, starting her long-awaited trip to China with a big smile and a wave.

Michelle Obama starts landmark trip

When Obama, in an elegant black dress, stepped out of the plane with her mother and two teenager daughters, dozens of reporters that had waited in the airport for hours incessantly clicked their camera shutters.

Though nobody from the delegation spoke to the media, the first lady’s brief debut spread quickly on Chinese media and micro blogs, where users discussed what she would wear and eat, and how she will interact with Chinese first lady Peng Liyuan.

“It is another innovation in the history of Chinese diplomacy” and helps both sides’ leaders strengthen their personal relations, said Ruan Zongze, vice-president of the China Institute of International Studies.

Ruan was referring to the latest “creative” laid-back meeting between President Xi Jinping and his US counterpart, Barack Obama, at the Sunnylands resort in California last June, soon after Xi assumed office.

Peng, Xi’s wife, accompanied her husband on the Sunnylands visit but did not meet Michelle Obama, who was in Washington. Her absence left some Chinese disappointed and more excited about the “make-up” meeting.

On Friday, Michelle Obama, a Harvard-educated lawyer, is to spend almost the whole day with Peng. The two first ladies will visit a high school in Beijing, stroll inside the Forbidden City, eat Peking duck and watch a performance together.

“The meeting of the two first ladies shows that China is more open and is getting more involved with the international community,” Ruan said.

via Michelle Obama starts landmark trip[1]- Chinadaily.com.cn.

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15/03/2014

Consumers in China: The true meaning of san yao wu | The Economist

FIFTY-TWO years ago this week, John Kennedy gave a speech to Congress in which he argued that consumers “are the only important group in the economy who are not effectively organised, whose views are often not heard.” His eloquent plea for their protection led to the United Nations guidelines for consumer protection and to the annual celebration of World Consumer-Rights Day on March 15th.

Nowhere is that day marked with more gusto than in China, where it is known as san yao wu (three one five). Every year on that date, the national broadcaster airs a much-watched programme lauding consumer rights. It is also used as an excuse to bash successful foreign firms—Apple was last year’s main target—for small or imagined transgressions.

This year China will better honour Kennedy’s legacy. The television gala is still due to be broadcast this weekend, and corporate evildoers—internet firms are rumoured to be in the crosshairs this time—will probably be shamed again. But something more important will also happen. On March 15th a new consumer law, the biggest reform in this area in 20 years, comes into force. At face value, it appears to give a big boost to consumer protection. Retailers must take back goods within seven days; in the case of online purchases, consumers do not even have to offer a reason. Consumer data will be protected from misuse, and permission will have to be sought for any commercial use of them. Class-action lawsuits, hitherto rare in China, will become easier to file.

The motivations for the law seem sincere. The government is keen to shift the economy towards consumption-driven growth. Regulations protecting consumers should help, by bolstering their trust in merchants. Max Xin Gu of K&L Gates, a legal firm, also believes the law “is timed to come hand-in-hand with the anti-corruption campaign” launched by President Xi Jinping: both are meant to allow ordinary people to benefit from the rule of law.

James Feldkamp is the founder of Mingjian, a pioneering Chinese website offering independent product reviews (akin to America’s Consumer Reports or Britain’s Which?). He agrees that trust and transparency are key to boosting consumption. However, he worries about how the law will be implemented and enforced. Indeed it may leave consumers ill-protected even as it saddles firms with extra costs and complexity. For example, although parts of the law resemble the EU’s strict rules on data privacy, it has important gaps. Michael Tan of Taylor Wessing, another law firm, notes that it does not grant a “right to be forgotten” (by having firms expunge all record of a former customer). It leaves businesses in the dark on how exactly they can use customer data, and fails to impose on them a duty to ensure their accuracy.

via Consumers in China: The true meaning of san yao wu | The Economist.

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09/03/2014

* With legal reforms, China wants less interfering in cases, fewer death penalty crimes | Reuters

China has curtailed the power of the ruling Communist Party’s Political and Legal Committee, a secretive body overseeing the security services, to interfere in most legal cases, scholars with knowledge of the situation said – a significant reform at a time of public discontent over miscarriages of justice.

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

The move, which has not been made public by the party but has been announced in internal meetings, would clip the wings of the party’s highest authority on judicial and security matters.

Interference from the committee has led to many wrongful convictions, many of which have been widely reported in the press and even highlighted by President Xi Jinping as an issue that needs to be urgently addressed.

Part of a package of legal reforms, the move signals a willingness by Xi’s government to reform its court system as long as it doesn’t threaten the party’s overall control.

China’s highest court, the Supreme People’s Court, will delivers its work report to parliament on Monday, which could detail some of these reforms.

But the party would still have final say over politically sensitive cases such as those involving ethnic issues and senior politicians – like the disgraced former Chongqing party chief Bo Xilai, who was last year found guilty of bribery, corruption and abuse of power, and jailed for life – and would use the courts to convict citizens who challenge its authority.

via With legal reforms, China wants less interfering in cases, fewer death penalty crimes | Reuters.

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04/03/2014

Xi vows opposition against words, actions damaging ethnic unity – Xinhua | English.news.cn

Chinese President Xi Jinping (R), also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, visits members of the 12th National Committee of the Chinese People’s Political Consultative Conference (CPPCC) from ethnic minority groups and joins their panel discussion in Beijing, capital of China, March 4, 2014. Yu Zhengsheng, chairman of the National Committee of the CPPCC and a member of the Standing Committee of the Political Bureau of the CPC Central Committee, also attended the event. (Xinhua/Ding Lin)

Chinese President Xi Jinping (R), also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, visits members of the 12th National Committee of the Chinese People's Political Consultative Conference (CPPCC) from ethnic minority groups and joins their panel discussion in Beijing, capital of China, March 4, 2014. Yu Zhengsheng, chairman of the National Committee of the CPPCC and a member of the Standing Committee of the Political Bureau of the CPC Central Committee, also attended the event. (Xinhua/Ding Lin)

BEIJING, March 4 (Xinhua) — Chinese President Xi Jinping on Tuesday called for resolute opposition to any words and actions that damage the country’s ethnic unity.

“We will build a ‘wall of bronze and iron’ for ethnic unity, social stability and national unity,” he said while joining a panel discussion with members from the minority ethnic groups of the National Committee of the Chinese People’s Political Consultative Conference (CPPCC).

Xi said the tradition of all ethnic groups in the country “breathing the same air and sharing the same fate” should be handed down from generation to generation.

“Unity and stability are blessings, while secession and turmoil are disasters,” he said. “People of all ethnic groups of the country should cherish ethnic unity.”

via Xi vows opposition against words, actions damaging ethnic unity – Xinhua | English.news.cn.

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