Showing posts with label beijing. Show all posts
Showing posts with label beijing. Show all posts

Saturday, October 3, 2009

China parade marks anniversary

A nice show of retro-decadence if you ask this blogger. Pretty impressive nonetheless and indicative of China's emergence as a global power. Although, as many articles here in the West have pointed out, this type of parade was not meant to scare Western observers. Rather it was meant to dazzle and impress the 1.4 billion Chinese, and that it did...




Oct 1 - China puts up a spectacularly choreographed show of military might to mark the 60th anniversary of the birth of the People's Republic of China.

Puja Bharwani of Reuters reports.

Tuesday, September 1, 2009

China's Policy Paper on Latin America and the Caribbean - MercoPress Analysis

[Source] -- MercroPress

On November 5, 2008, the Chinese government released a policy paper on Latin America and the Caribbean, as it had previously done so for Europe in 2003 and for Africa in 2006.

Although it may not come as a huge surprise that Latin America is the most recent region for which China has formally spelled out its foreign policy position, the region has been historically perceived as being under the United States’ sphere of influence. Perhaps the importance of the Chinese policy paper lies in the timing of its release. The release of the paper deliberately coincided with the unfolding of the current financial crisis; this congruence of events has allowed China to expand its influence in this somewhat neglected region without attracting any lasting venom from the U.S. China’s policy paper formally evidences the importance of Latin America and the Caribbean as part of China’s growth plan for its long-term strategic interests. Most of all, this includes access to raw materials as well as a plethora of natural resources, the infiltration of new foreign markets, the reduction of diplomatic support for the Republic of Taiwan, and the strengthening of Beijing political standing on the global stage through strong alliances cemented with the developing world.
The policy paper’s general context

The policy paper explicitly states its main objective is to “clarify the goals of China’s policy in this region, outline the guiding principles for future cooperation […] and sustain the sound, steady and all-around growth of China’s relations with Latin America and the Caribbean.” In the economic realm, China expresses an interest in investing in energy, mineral resources, forestry, fishing and agriculture, areas important to expanding China’s productivity. Additionally, the Chinese government seems to show interest in infrastructure projects not directly related to its economy, albeit essential in the transportation of natural resources, and proposes to fund these projects in order to be perceived as a partner in development. Furthermore, China expresses its desire to increase military diplomacy and sale of equipment to the region. Although many of the report’s statements are merely rhetoric and general in scope, the paper helps formalize China’s economic, diplomatic and military ties with Latin America, which were first proposed by then President of China Jiang Zemin in 2001.

The policy paper was released against the backdrop of the current financial crisis and the corresponding economic hardships that have severely hit the U.S. and Europe. Its publication deliberately coincided with the emergency G-20 meeting to discuss the economic crisis that was about to take place in Washington. More importantly, it preceded Chinese President Hu Jintao’s visit to Peru for the November 2008 Asia-Pacific Economic Cooperation (APEC) summit, at which he presented China’s foreign policy towards Latin America. This timing of the paper’s release was especially important for the countries seeking to diversify their export markets and decrease their dependence on declining Foreign Direct Investment (FDI) from the US and Europe. With the vast foreign reserves accumulated by China –which totalled US $1.95 trillion in December 2008– the region had valid reasons to closely follow the summit’s developments.

To access this article in full you must register for MecroPress's website.

Once you register, click here for a direct link to this article

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Tuesday, August 11, 2009

Help wanted! Young US-American professionals head to Beijing and Shanghai

I thought it was very appropriate and a nice coincidence that upon returning from my business trip to China & Singapore, I turn on my blackberry and am flashed with this NYT article: American Graduates Finding Jobs in China.

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BEIJING — Shanghai and Beijing are becoming new lands of opportunity for recent American college graduates who face unemployment nearing double digits at home.

“I’ve seen a surge of young people coming to work in China over the last few years,” said Jack Perkowski, founder of Asimco Technologies, one of the largest automotive parts companies in China.


“When I came over to China in 1994, that was the first wave of Americans coming to China,” he said. “These young people are part of this big second wave.

[Source: NYT - American Graduates Finding Jobs in China]

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Let's be honest. China has not escaped the shocks of the global economic recession. There are empty office and commercial buildings around Beijing’s Central Business District. Rents are sky rocketing and apartments are remaining unsold and unoccupied. Factories are closing in Southern China. Political turmoil has touched regions where minorities are great in number. And… so on.

Nonetheless, after living and working in the country at the beginning of the crisis (Sept - Dec 08), and returning to do business this past month—the fact remains there is one thing you can find in China that is missing from my colleagues and friends here in the North-Eastern United States, down in Lima, Peru and Belo Horizonte, Brazil and across the pond in the UK and France.

“A positive outlook on the future.”

Walk the streets of Beijing and the city is full of people just as the NYT article above describes; motivated and adventurous young entrepreneurs and professionals from all walks of life that have come to China to build their respective futures.

Likewise, a considerable portion of China’s younger generations remain confident and positive about their futures. In a country of 1.4 billion people (probably more) you will hardly ever find a general consensus. What applies in Beijing, will not apply in western China in the city of Xinjiang. This does not change the fact, that the life styles and future aspirations of China’s youth are considerably different than those of their parents and grandparents.

The Chinese are not ignorant; they know things are probably worse than their government lets on. At the same time, critics in the west are too quick to point fingers and predict imminent economic collapse. Sometimes it is a bursting real estate bubble, an over-valued stock market due for a correction, plunging exports, or decreasing import demand. Critics will always find a way to well… criticize.

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Monday, May 18, 2009

Brazil's president arrives in Beijing

[South-South Cooperation] -- China, Brazil -- Al Jazeera

Lula arrives in China - [Reuters]


Brazil's president has arrived in China for three days of talks expected to focus on broadening ties between two of the world's largest developing economies and moves to decrease their dependency on the US dollar.

The visit by Luiz Inacio Lula Da Silva is his second in 12 months, highlighting the importance of China which recently overtook the US as Brazil's most important trading partner.

On Tuesday Lula will hold talks with his Chinese counterpart, Hu Jintao, as well as host a bilateral business forum and visit an aircraft factory.

Speaking ahead of the visit he said he was looking to the trip to promote "a new economic order", while an official from the country's foreign ministry said a theme of the talks would be a "reorganisation of the international scene".

...

Al Jazeera's Tony Cheng reporting from Beijing says the main point of discussion during Lula's visit will be on Brazilian energy resources which Beijing, with reserve funds to spare, was keen to exploit.

...

Brazil's two-way trade with China, one of the few economies still growing strongly despite the global crisis, reached $3.2bn in April, surpassing the $2.8bn trade total with the US.

So far this year, government data showed that Brazilian exports to China grew 65 per cent over the same period in 2008, rising from $3.4bn to $5.6bn.

Click here to access the complete article from Al Jazeera


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Beijing's shady underground scene

Beijing, China—the capital of the People's Republic of China, is no place for puritans. The city's underground scene of sex, drugs and rock & roll is growing faster than Chinese GDP these days.

“China High, my fast times in the 010—A Beijing Memoir by ZZ,” is a new book detailing the adventures of a young expat lawyer who lived in Beijing during the years of China's fast economic growth since the founding of the People's Republic in 1949.

Bloomberg columnist Le-Min Lim reviewed the book on May 14 and had the following to offer.

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“Written before the global credit meltdown, “China High” lifts a curtain on a side of Beijing seldom seen by tourists. ZZ captures the nocturnal buzz of a city where rave parties in derelict factories are a staple and orgies have become a rite of passage. Then there’s the pot, which locals call the Big Numb.

Beneath the froth lies a serious message: The world’s largest developing economy is seething in social tension, displaced people and hypocrisy. It’s a land of official sexual equality run by men who often keep under-30 mistresses, a.k.a. their “little honeys,” on two-year contracts. A country given to bouts of xenophobia among people who fawn on foreigners.”

ZZ offers tips on how to navigate Beijing, right down to what the worst swear words mean and how to use them to best effect. He exposes the hidden high costs of doing business in labor-rich China by describing his struggle to start a food- delivery company staffed by locals with little English and no inkling of quality service.

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So you get the picture? Beijing is more than the city which hosts China's most famous historical monuments, shiny new sky scrapers and Olympic arenas. Beijing like other major metropolises in the world (ie: London, Paris and New York) has its own dark side to it.

The book also sheds light onto another, equally important facet of expatriate life in China for a foreigners working or studying in the country's major cities. The “ego trip,” anyone from the plains of Iowa to a pompous New Yorker or Londoner will experience upon moving to China.

A Chinese-Laotian-American friend of mine was sitting with me at a Mexican restaurant in Beijing one day back in 2006 when I asked him what his thoughts on why the Chinese treat foreigners so well and virtually hand us all this privileged their own citizens don't enjoy.

“Well Bennett, the Chinese were sitting on top of the world for a few thousand years and one day these random barbarians (Europeans) showed up and knocked China off its pedestal. Political and social turmoil aside, the Chinese pride was damaged so badly, they have been in a never ending state trying to catch up and keep peace at the same time. That is why, at least until China does catch up, foreigners will be welcomed with open arms.”

At the moment, living as a foreigner in Beijing and other big cities like Shanghai has its downsides as all places do. This usually comes in the form of having to deal with bureaucracy, regulations you did not know existed or other headaches that are typical of life in a developing country.

On the other end of the spectrum exist some great perks you can not find just anywhere. The common foreigner will suddenly feel as if they have taken the express elevator up the social latter of life. ZZ explains: 

“What does work wonders is being a foreigner, he says, rightly observing how the Chinese, long cut off from the world, now revere all things from abroad. An expatriate, he says, draws praise, envy and opportunity just for being different. “

It’s “the perfect recipe for an ego trip,” he writes.


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To purchase your own copy and read more detailed reviews please visit Amazon or Barnes and Noble.



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Tuesday, May 12, 2009

Beichuan, China - Pilgrims flock to disaster site, opportunists seek profit and the government hopes for stability

James Reynolds is the BBC's Beijing correspondent. The following excerpts and video have been been compiled from his most recent article, published at his BBC blog.



"I've just been down to Sichuan to see what things are like a year after the earthquake which killed more than 85,000 people...."

...

The Sichuan earthquake has now taken a prominent place in this national story. The government's response was portrayed as quick and compassionate. The Premier, Wen Jiabao, was cast as the noble hero - the leader who cried with the bereaved and who promised that fallen towns would one day rise again.

This is the official legend of the earthquake. It's what ordinary Chinese people are told - and it's probably what most of them genuinely believe as well.

On a hilltop overlooking the ruins of the town of Beichuan, hundreds of Chinese tourists now queue up to buy pieces of this legend. Vendors sell picture books and DVDs of the disaster, incense and candles to be placed on memorials.

But these tourists know almost nothing of the parents' story. Since early June 2008, the Communist Party has banned the Chinese media from covering the parents' campaign.

Over the last year, local officials have harassed, sometimes even attacked the parents in an effort to keep them quiet.

Click here to access Reynolds full article @ his BBC blog.



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Monday, May 11, 2009

The Middle Kingdom meets the Middle East

[South-South Cooperation] -- China, Middle East -- Reuters Analysis -- by Alan Wheatley, China Economics Editor


Alan Wheatley is an intelligent journalist with years of experience reporting news in both Taiwan and mainland China whom I respect a great deal. Alan's article does a superb job of combining hard data with different points of views from experts on all sides to present a unbiased report.

This is the general principle Reuters journalists follow. By providing the reader with the
necessary perspectives and hard data to back them up, the reader is expected to make their own decision on the significance of the article.

As there always are,
I am sure some bad apples exist. After a internship with Reuters Beijing Bureau back in 2006, I can personally testify that the Beijing staff makes a concerted effort to uphold the journalist's creed and report both sides of the story.


En route to the Silk Road


With no fanfare, a $5 billion (3.3 billion pounds) refinery in which Saudi Aramco has a 25 percent stake quietly began processing oil a couple of weeks ago in eastern China.

The start-up of the Fujian plant, half-owned by top state-owned refiner Sinopec (0386.HK), testifies to the thickening trade and investment ties between China and the Arab world.

China's exports to the 22 members of the Arab League jumped to $62.3 billion last year from just $7.2 billion in 2001, the year China joined the World Trade Organisation. The share in total Chinese exports rose to 4.4 percent from 2.7 percent.

Imports from the Arab world over the same period grew to $70.3 billion from $7.5 billion, doubling the share in total imports to 6.2 percent, according to official Chinese data.

...

Nowhere is this more in evidence than in Yiwu, a town in eastern China whose vast wholesale markets draw traders from across the globe in search of cheap consumer goods.

"We don't see too many Europeans any more. These days, most of our customers are from the Middle East," Zhu Shanshan, a sales representative at Dove Candle, which sells scented candles and handicrafts, said on a recent visit to Yiwu.


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Sunday, April 26, 2009

China celebrates its military confidence -- Reuters Video




(Reuters) - 60 years after the founding of the People's Liberation Army Navy, China stages a festival of warships and submarines, aiming to project growing sea power.

Wednesday, March 25, 2009

Korean nationals are leaving China as the financial crisis spreads

Great article from Danwei, about how Korean nationals are leaving China because of the worsening global economy. Danwei is a website about media, advertising and urban life in China which does a great job of combing their own knowledge and observations of China with great skill at reading in between the lines of what Chinese state media reports.

Here's an excerpt of the article:

Beijing and Shanghai are home to tens of thousands of Korean nationals whose lives and businesses have been hit hard by the snowball effect of the downturn. The Korean won's decline against the RMB forced many Korean businesses to scale back or close down, and drove up the relative price of education in China. An exodus of failed business owners, out-of-work foreign employees, and foreign students left shops and services competing for a substantially smaller Korean population, and has driven many of them out of business, too.

The cover feature of the March 16 issue of CBNweekly profiles a few Koreans living in the communities of Wangjing (望京) in Beijing and Gubei (古北) in Shanghai who have decided to remain in China despite economic uncertainties.


To read the rest of this article from Danwei click here.

Friday, February 20, 2009

China makes it snow

Reuters video I thought I'd share due to the really cool version of snow blowers they have in Beijing.



Feb 19 - China's cloud-seeding yields Beijing's first snow, after its longest drought in 38 years.

Other Chinese provinces such as Gansu, facing a threatening reduction of wheat production, have also been in a race to produce more rain and snow.

Tuesday, July 15, 2008

Visibility improving in Beijing... Blue skys (semi) for 4 days running

July 15, 2008 -- 23 Days to go until the opening ceremony of the Olympics -- Reuters






July 8, 2008 -- One Month to go until the opening ceremony of the Olympics -- Reuters