Stock market woes

Stock markets
Washington Post: In China, hostile foreign forces blamed for bursting stock market bubble
The Beijing News: 证监会:外资做空A股传闻不实
Closer Look: Gov’t Had No Reason to Intervene in Stock Market Turbulence
Closer Look: Gov’t Had No Reason to Intervene in Stock Market Turbulence
Xinhua: China Headlines: Shares regain territory in tug-of-war between bulls, bears
China Economic Review: How the collapse of China’s volatile stock market looked from the inside
New York Times: China’s Market Rout Is a Double Threat

Daily Sabah: Turks’ outrage over China’s suppression of Uighurs grows
Turkey says to keep doors open for Uighur ‘brothers’, irking China
China Daily: Chinese embassy warns travelers to be careful in Turkey
Foreign Policy: Young and Muslim in China’s Tense Far West

Xi at the Helm
Southern Metropolis Daily: 习大大和普京动漫短片中开碰碰车玩自拍

Xinhua: President Xi calls for better role of “mass organizations”
New York Times: Xi Jinping of China Makes Cartoon Appearance Before Meetings in Russia

Pollution and the environment
The Australian: China’s emission targets jeopardised by doubt

New York Times: Conservationists in China Seek to Get Firefly Parks Closed

Hong Kong
Shanghaiist: ‘Hong Kong is not China’: Artist’s illustrations go viral

Is ‘China in Africa’ something to fear?

Why Did ‘Frontline’ Kill Lowell Bergman’s Gambling Documentary?

Australian Financial Review: How China stopped its bloggers

Committee to Protect Journalists: Chinese journalist released from prison

China Daily: Law sought to close Web in emergency

New York Times: U.S.-China Adventure Film Already Creating Buzz

People’s Daily: 72-Year-Old Chinese Gay Tells His Sad Life Story

CNN: Lesbian couple ties knot in push for same-sex marriage

New York Times: Can the U.S. and China Get Along?
Forbes: Has Washington ‘Lost It’ Toward China? Clearly and Ominously, Yes
The Australian: Keeping the US and China together

South China Sea
Project Syndicate: Serenity in the South China Sea

CANBERRA – Diplomats and alcoholics don’t always have as much in common as is sometimes assumed. But there is useful guidance for policymakers in the Reinhold Niebuhr prayer that Alcoholics Anonymous has made its own: “God, grant me the serenity to accept the things I cannot change, the courage to change the things I can, and the wisdom to know the difference.”

New York Times: China Finds Another Real-Life Spinoff of ‘Breaking Bad’
Officials have arrested a chemistry professor suspected of producing and selling a psychoactive drug, and the state news agency is calling him “China’s real-life Walter White.”

Tigers and flies
South China Morning Post: Why was Zhou Yongkang denied a public trial like Bo Xilai’s?
Jerome A. Cohen says Xi Jinping may have decided to avoid the possibility of public embarrassment, given that the former security tsar knows the party’s deepest secrets

The Australian: China’s urban ‘dream-seekers’ creating the new clever city

New York Times: Global Poverty Drops Sharply, With China Making Big Strides, U.N. Report Says

New York Times: Russia’s Virtual Universe

Our Kremlin-controlled media turns the world on its head: Only Putin can save us from the forces of darkness.



Daily Sabah: Turks’ outrage over China’s suppression of Uighurs grows

Published 13 hours ago

Activists in Ankara waved Turkish flags and flags of ‘East Turkestan in their protest against China over the persecution of Uighurs, a Turkic community. Turkey hosts hundreds of Uighurs fleeing China due to oppression. Activists in Ankara waved Turkish flags and flags of ‘East Turkestan’ in their protest against China over the persecution of Uighurs, a Turkic community. Turkey hosts hundreds of Uighurs fleeing China due to oppression.
Protests against China’s fasting ban and discriminatory policies toward the Uighur community have heightened in Turkey, with hundreds taking to the streets on Wednesday evening and Thursday

The Chinese government faces growing anger from the Turkish public with protests against discrimination and bans on the ethnic Uighur community in the Islamic holy month of Ramadan.

Restrictions on the Xinjiang Uighur Autonomous Region first drew protests on social media with thousands of people posting condemnations. On Wednesday evening protests broke out all across the country with demonstrators gathering in the streets to denounce the oppression of Uighurs in Xinjiang, also known as East Turkestan. Protests continued well into the early hours of yesterday while a group of Justice and Development Party (AK Party) members gathered outside the Chinese Consulate in Istanbul for an iftar, the dinner to break the fast, with water and bread in solidarity with Uighurs. Protesters chanted: “We stand with East Turkestan.”

Protests resumed yesterday all across Turkey. Memur-Sen, a civil servants’ union – one of the largest unions in Turkey – staged simultaneous protests throughout the country. In Ankara, Memur-Sen members joined by the public gathered in front of the Chinese Embassy. They shouted slogans, “Raise your voice against cruelty in Turkestan” and called for a boycott of Chinese goods. Memur-Sen President Ali Yalçın said Uighurs were banned from fasting and women wearing headscarves faced harassment and arbitrary detentions. “Quran education is blocked and thousands of Uighur children are forced to take classes teaching the state’s ideology. The Chinese government forces locals speaking Turkic languages to speak Chinese,” Yalçın said. He said Uighur property was confiscated and Uighurs protesting the oppression were shot dead in broad daylight or detained. Yalçın accused China of hiding the truth about Xinjiang by blocking foreign access to the area and China’s state-controlled media were not reporting the oppression.

Amid mounting anger against China, the Turkish Foreign Ministry issued a statement on Tuesday that said reports about the ban of fasting and observing other religious duties on Uighurs in Xinjiang “caused sadness among the Turkish people.” The ministry said “deep concerns” about the reports were conveyed to the Chinese ambassador in Ankara, underlining that Turkey respected China’s “territorial integrity.” In response to the ministry’s statement, Hua Chunying, the Chinese Ministry of Foreign Affairs spokeswoman, said on Wednesday that all ethnic groups in China had freedom of religious belief.

The Uighur diaspora accuses China of a continuous campaign to restrain the religious and cultural activities of the Uighur community, which makes up almost half of the population in Xinjiang. Seyit Tümtürk, vice president of World Uyghur Congress, told Anadolu Agency earlier this week that China has been carrying out a systematic assimilation policy for decades and prevented Uighurs from practicing their faith and culture.

China Daily: Chinese embassy warns travelers to be careful in Turkey

Chinese embassy warns travelers to be careful in Turkey
Updated: 2015-07-06 09:34
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China has warned its residents travelling in Turkey to be careful of anti-China protests due to some false reports regarding Uygur ethnic group by certain media outlets.

Chinese embassy warns travelers to be careful in Turkey

An undated photo grab from Xinhua shows the anti-China protest outside a scenic spot Topkapi Palace along the coast of the Bosphorus strait in Turkey.

Tourists from the country were recently attacked in Turkey, said the China’s embassy in capital Ankara. A well-known Chinese restaurant was also reportedly smashed during the demonstrations.

According to a report from Reuters, a protest against the alleged “mistreatment of Muslim Uygur people in China” was staged in Istanbul on July 4, 2015. A group of Korean tourists were mistakenly attacked by the protestors outside a scenic spot Topkapi Palace along the coast of the Bosphorus strait.

Earlier this week Turkey expressed concern over false reports of alleged restrictions on Muslim Uygur, who live in Northwest China’s Xinjiang autonomous region, from worshipping and fasting during the holy month of Ramadan.

On Thursday, the Chinese embassy issued a statement clarifying that some foreign media’s reports go against facts and said that it protects normal religious activities.

Before the Ramadan in June, Xinjiang government convened a special meeting to ensure Muslim people’s religious activities were not disturbed..

In the same month, the Foreign Ministry also asked overseas Chinese to respect religious customs in Muslim countries.

The Beijing News: 证监会:外资做空A股传闻不实

分类:财经2015-07-01 13:25:49来源:新京报新媒体作者:赵毅波






编辑:李雪莹 艾峥

Xinhua: China Headlines: Shares regain territory in tug-of-war between bulls, bears
China Headlines: Shares regain territory in tug-of-war between bulls, bears
[RSS] [Feedback] [Print] [Copy URL] [Large image] [More] | 2015-07-06 20:49:23 | Editor: huaxia

BEIJING, July 6 (Xinhua) — Chinese shares showed signs of stabilization on Monday as China tries to underpin a stock market plagued by repeated plunges.

The benchmark Shanghai Composite Index pulled itself together, rising 2.41 percent to finish at 3,775.91 points. It was the first substantial increase over the last three weeks.

China’s key index futures, which track the Hushen 300 Index, all rallied on Monday, indicating public confidence is being restored.

Two energy giants, Sinopec and PetroChina, and big banks reached or neared the daily increase limit of 10 percent. A huge amount of money from institutional investors flowed into these heavyweights, which strongly influence the Shanghai Composite Index.

Fan Jianping, chief economist at the State Information Center, said Monday was a good start.

“If the increase continues through the whole week, market confidence will be stable again,” said Fan.p However, the picture was different for smaller companies. The Shenzhen Component Index and the Nasdaq-style ChiNext Index, which monitor smaller and start-up firms, lost 1.39 percent and 4.28 percent, respectively.

Hong Kong stocks also suffered a big blow on Monday, with the benchmark Hang Seng Index down 3.18 percent, mainly led by Greece’s debt crisis. The contraction helped drag down mainland shares.

Since this year’s peak of 5,178.19 points on June 12, the Shanghai Composite Index has nosedived 27 percent. According to Bloomberg, the market value of Chinese shares has since lost 2.36 trillion U.S. dollars, about 10 times Greece’s GDP.

Monday’s unstable recovery in blue-chip stocks and continued slump in smaller companies showed that the tug-of-war between bulls and bears in the market may continue or even escalate.


On June 27, the central bank lowered both the interest rate and reserve requirement ratio for banks to inject liquidity into the market.

On Wednesday, the Shanghai and Shenzhen bourses announced a roughly 30-percent cut in stock transaction fees.

The China Securities Depository and Clearing Company announced a reduction in stock transfer fees of about 33 percent from Aug. 1.

On Thursday, the China Securities Regulatory Commission (CSRC) said it will investigate suspected manipulation of the stock market.

On Saturday, 21 major securities brokers promised to spend no less than 120 billion yuan (19.62 billion U.S. dollars) on exchange traded funds (ETF) that track the performance of blue chip stocks.

Twenty-five publicly offered funds said they were confident of maintaining stable and healthy development of the stock market.

Twenty-eight Chinese companies due for IPOs postponed share issuance due to recent fluctuations.

On Sunday, executives, board members and controlling shareholders of more than 20 listed companies announced plans to increase stakes in their firms to curb the losing streak.

Central Huijin Investment Co., the investment arm of the central government, announced it had purchased ETFs and would continue to do so.

China Securities Finance Co.(CSF) said it will raise funds through multiple channels and expand its business scale to help keep the stock market stabilize. The central bank will help CSF to get more capital.


Shenwan Hongyuan Securities said in a research report on Monday that the strong supportive measures over the weekend will help the market to bottom out.

“We predict the Shanghai Composite Index will continue to rise and fall in the coming three months between 3,600 points and 4,500 points,” noted the report.

Datong Securities said the downward trend may be reversed as the government ratchets up supportive measures. But the broker also said it usually needs a period of time for investors to regain confidence.

“Investment opportunities may lie in listed companies’ semi-annual financial results, which are due this month,” said Datong Securities.

HSBC said the government still had more options to stabilize the market, but did not elaborate on this. As liquidity matters the most in the stock market, investment firm CICC forecasted that the country’s monetary policy will “stay on the loosening course”.

Southern Metropolis Daily: 习大大和普京动漫短片中开碰碰车玩自拍

南方都市报  2015-07-03 19:25 作者 商西

南都讯 记者商西 发自北京 下周,习大大又要去俄罗斯了。“这些领导人老见面有意思吗?”复兴路上工作室今天上午发布的“跟着大大走”动漫短片,回答了一系列“尖锐”问题。








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Xinhua: President Xi calls for better role of “mass organizations” | 2015-07-08 01:02:40 | Editor: huaxia

Chinese President Xi Jinping speaks at a conference on improving the mass organizations’ operation in Beijing, capital of China, July 7, 2015. (Xinhua/Lan Hongguang)

BEIJING, July 7 (Xinhua) — President Xi Jinping said on Tuesday that China’s 1.3 billion people should be better mobilized by mass organizations to achieve the country’s full potential.

The work of mass organizations is an important component of the Communist Party of China’s (CPC) work, as they are the channels that connect the public with the CPC, Xi said at a conference on improving mass organizations.

Mass organizations represent people from different lines of work or age groups, such as trade unions, youth leagues and women’s groups.

Mass organizations should mobilize the citizens to closely unite around the CPC and converge people’s passion for better life into a strong force… and jointly work for the realization of the Chinese Dream of the rejuvenation of the Chinese nation, Xi said.

“The Party should always share the fate of the people, with their hearts closely linked together,” he said.

He also called for the establishment of more powerful organizations that would play an important role in advancing state governance.

This was the first time that the CPC Central Committee has held such a conference, he said, adding the meeting’s major task was to address new problems with the Party’s work on mass organizations.

The president noted that mass organizations had played a positive role in encouraging the public to follow the Party’s leadership.

But he warned there was a risk of “being alienated from the people.”

“Under new circumstances, the work of mass organizations should be improved, not weakened or allowed to stagnate,” Xi said.

Chu Songyan, a professor with the Chinese Academy of Governance, noted that the role of these organizations had been weakened after reform and opening-up started in the 1970s.

“Their link to the Party was still close then, but they didn’t maintain smooth communications with the people they represented,” Chu said, stressing that their role should only be amplified “in the new situation”.

Xi said these organizations must always follow the leadership of the CPC so that the people can be united around the CPC in the “widest and closet way.”

“Mass organizations must maintain a high degree of unity with the CPC Central Committee in thoughts, politics and deeds, and strictly observe political discipline and rules,” Xi said.

These organizations should lead the people by encouraging them to stick to the socialist path with Chinese characteristics and championing the practice of “core socialist values,” he said.

Xi noted that such mass organizations must enhance engagement with the masses and focus more on the grass roots, said Xi.

Leaders must “immerse themselves with the masses, serving them wholeheartedly, while carrying out the mass-line firmly,” said Xi.

He added that the management and operation of these organizations should be adjusted to better suit modern life.

“More outstanding people should be encouraged to join mass organizations,” he added.

“Post-1980s and 1990s generations have very active thoughts and a different set of interests and values, and the Communist Youth League has to adapt to that to expand its fan base and improve its service functions,” said Ding Yuanzhu, a professor with Peking University.

Xi also stressed that mass organizations should better serve the people and pay special attention to helping those in need.

Liu Dongchao, an expert on Marxism and socialism with Chinese characteristics, noted that mass organizations contributed greatly to the CPC’s revolutionary success, and still have a large part to play in the revival of the Chinese nation.

“Different groups of people have different demands and ideas, which might translate into different thoughts and actions. These organizations serve as a pressure valve to relieve people’s concerns, as well as a channel to exchange ideas, thus, can help to solve contradictions,” Liu said.

Liu called for more stimulative measures to improve operation of mass organizations to better serve the public.

Other members of the Standing Committee of the Political Bureau of the CPC Central Committee, Li Keqiang, Zhang Dejiang, Yu Zhengsheng, Liu Yunshan, Wang Qishan and Zhang Gaoli, also attended the meeting.

Liu said the president’s speech provided much food for thought on the work of mass organizations, and he urged all Party members to improve their understanding of the significance of such organizations.

The CPC has always valued the close relationship between the Party and the masses. The leaders launched the “mass line” initiative in June 2013 to boost ties between CPC officials, members and the people, while cleaning up four undesirable work styles — formalism, bureaucracy, hedonism and extravagance.

What’s more, the authorities are promoting “three stricts and three earnests”, a series of requirements for officials to improve their life and work raised by the president in March last year. The campaign calls on members to be strict in morals, power and discipline; and honest in decisions, business and behavior.

People’s Daily: 72-Year-Old Chinese Gay Tells His Sad Life Story
72-Year-Old Chinese Gay Tells His Sad Life Story
By Liu Rong (People’s Daily Online) 03:47, July 09, 2015

Lke many other gay men in China, 72-year-old Qu Bizhi, who lives in the southern Chinese city of Guangzhou has lived a suppressed life all his life. He had a wife, whom he married under heavy social pressure, but the two might as well be strangers even though they lived under one roof for 30 years.

Qu found he was attracted to the same sex as early as his childhood. While all the other boys gathered together to talk about girls, he preferred to sit in the corner looking at handsome men.

In his early teens, Qu couldn’t deny his feelings any longer. He began to go to a local park, well-known for being a gathering place for gay men. He would sit on a bench quietly to watch every man passing by and introduce himself recklessly to those who were his type.

He found he liked handsome, mature, bearded men. When he succeeded in starting a conversation, he would sit down next to the man, lean his head on the other man’s shoulder, and listened attentively to whatever he talked about.

At age 16, he met a man in his 30s. He was tall and handsome with a long straight nose and an athletic build. The two met on the street and fell in love quickly.

The man often gave Qu candies from Hong Kong as gifts, and Qu enjoyed their talks about life and the world. However, they only spent about six months together, after which the man told Qu that they had to separate because he was going to move to Macao with his family.

The night before the man left, Qu stayed with him until midnight. He felt there were so many things that he hadn’t yet told him, but the clock just ticked away. Qu could still remember that on a bridge, the man took off his coat and wrapped it around him, while he closed his eyes and leant on the man’s shoulder.

After that man, Qu did not have any serious relationships for a long time, the major reason was that China was very closed at his time and the society had zero tolerance toward homosexuals, who were either ridiculed or even bullied or sent to jails. So Qu had to hide his sex orientation and got married in 1984 when he turned 41. He met his wife, who was 12 years younger, at a blind date his friend set up for him. “I didn’t feel a thing towards her,” Qu said, but he married her nonetheless. On the wedding night, he refused to touch his bride.

Three months later, his wife wanted a divorce. It was no surprise to Qu. Actually, he felt quite relieved. “Marrying her was the biggest mistake I made in my life,” he said. But the divorce proceedings were delayed until three decades later due to various reasons.

Qu’s parents died early, so he had no family. “I nearly forget what it was like in a family,” he said. The only time he felt he was loved was over 50 years ago, but sadly, as time passed, he even forgot the man’s name.

In 1974, when Qu worked on a forest farm, he met a handsome young man nicknamed Aming. Qu fell in love with him. He liked to hang out with Aming. When Aming felt tired after work, Qu would make all kinds of delicious foods for him. However, Qu could tell that Aming was straight, so he hid his feelings carefully and pretended to be a kind, caring big brother. Even when they shared a bed, Qu didn’t dare to do anything that might startle Aming.

With nowhere to vent his frustration, Qu used to run into the mountains near the farm to shout and sing songs about love until tears poured down his cheeks.

But now, Qu has calmed down as he is in the evening of his life. He has no sexual desires anymore. The only thing that makes him happy every day is to go to the park after lunch to look at the handsome young men. Fortunately Chinese society also became a little bit more tolerant toward gays and lesbians after 30 years of opening up. But most people still have prejudices and most gays still keep their sex orientation as top secrets .

Every night, Qu stays at home watching a Hong Kong soap opera called “Come Home Love,” which has nearly 800 episodes after it was first aired in 2012. Qu has been watching it from the very beginning and has hardly missed an episode, but when he turns off the TV, he doesn’t know where he can find his love and home.

China Daily: Law sought to close Web in emergency

By CAO YIN (China Daily)
Updated: 2015-07-09 07:35

Proposal would empower regions to take action locally if security threat emerges

The country’s cyberspace network will be shut down temporarily in some regions if a breach of security occurs, according to a draft law on Internet security issued by China’s top legislature.

In a move to ensure State security and public order, governments in the country’s provinces, autonomous regions and municipalities could take measures to restrict Internet use with State Council permission in the event of a serious security breach in their area.

The draft, drawn up by the Standing Committee of the National People’s Congress, was released on Wednesday.

The Standing Committee held initial discussions on the proposed law from June 24 to July 1, and it has been uploaded to the committee’s website. The public has until Aug 5 to offer opinions.

The move is to strengthen building a national online emergency and alert system, improving protection in cyberspace and controlling damage if a breach occurs, according to a statement from the legislature.

The draft, covering seven security sections and 68 items, also stipulates that network operators and Internet authorities are obliged to stop the spread of posts that break laws. They also must record such breaches and report them to appropriate bodies.

Li Yuxiao, a professor of Internet governance at Beijing University of Posts and Telecommunications, said the draft’s disclosure is crucial for today’s China, since online threats and security problems pose great risks.

“The acceleration of the draft making and disclosure is a good thing, as it shows that our country is upholding online security with the law and intends to solve problems in legal ways,” Li said.

He approved an online emergency and alert system, “because Internet security not only relates to State security, but is also in everyone’s interests”, he said.

“The draft is the basis of legal construction in cyberspace, and I’d like to see it made law, clarifying the obligations of Web authorities and operators,” he said.

Wang Sixin, a law professor at Communication University of China, said it is the right time to disclose the draft after the State Security Law was passed on July 1, “because the public’s attention is focused on the security issue”.