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Millionäre
Mrz 13th, 2017 by Gao

Sui-lee Wee: Chinese Lawmakers’ Wallets Have Grown Along With Xi’s Power / 习近平时代,人大代表的财富迅速增长 (New York Times)

Mao once branded capitalists enemies of the Chinese people. In the era of President Xi Jinping, those capitalists are billionaire lawmakers — and they’re getting even wealthier.
The combined fortune of the wealthiest members of China’s Parliament and its advisory body amounts to $500 billion, just below the annual economic output of Sweden. Among that group of 209 entrepreneurs and business tycoons, the 100 richest saw their net worth rise 64 percent in the four years since Mr. Xi took power, according to the Hurun Report, an organization based in Shanghai that tracked the wealth of the delegates, ahead of their annual joint sessions that start on Friday in Beijing.
Since he was anointed leader, Mr. Xi has pledged to tackle income inequality, alleviate poverty and crack down on corruption. Warning that graft could bring down the ruling Communists, Mr. Xi has ordered an end to alcohol-fueled banquets and bribery, which often takes the form of red packets filled with cash or luxury handbags.
The increasing wealth of lawmakers “tells us that political power and money have remained tightly intertwined in China: this is a structural issue that Xi cannot solve,” but only hide, said Jean-Pierre Cabestan, a professor of Chinese politics at Hong Kong Baptist University.

Hurun Global Rich List 2017 (胡润百富)

The Hurun Global Rich List 2017 ranked 2,257 billionaires from 68 countries and from 1811 companies in another record-breaking year for the world’s billionaires.
Total wealth increased by 16% to US$8.0 trillion equivalent to 10.7% of global GDP, and up from 7% of global GDP five years ago. Hoogewerf said, “Global wealth is being concentrated in the hands of the billionaires at a rate far exceeding global growth.” …
Chinese billionaires led the USA for the second year running, with 609 compared with 552. Hoogewerf said “China and the USA have half the billionaires in the world.” …
The ‘Big Two’ are Greater China and the USA with 609 and 552 billionaires respectively, amounting to half of the billionaires on the planet. It has been a good year for Germany, which surged past India into third place. UAE and Indonesia broke into the Top 20 for the first time. Bangladesh contributed a billionaire for the first time, to take the countries that the billionaires reside in to 68 countries…
Greater China: No 1 with 609 billionaires, 41 more than last year. The combined net worth of the Chinese billionaires is US$1.6 trillion, 2.1% of the global GDP. Real Estate has generated most number of billionaires (120), followed by Manufacturing and TMT with 115 and 78 respectively. Led by Beijing, 5 Chinese cities make the top 10 cities and 7 the Top 20. Average age is 58, six years younger than the average of the list. China is the number 1 in the world in terms of generating self-made billionaires akin to “rags to riches” and is home to two-thirds of the world’s self-made female billionaires. A February IPO propelled Wang Wei, 46, of SF Express to third spot, with a five-fold growth in his wealth to US$27bn, just behind Wang Jianlin and Jack Ma. Corporate raider Yao Zhenhua of Baoneng saw the fastest growth on the list, rising almost eight-fold to US$15bn, but in February was barred from the insurance industry for ten years by the regulator…
New Entrants to Top 100. There were 23 new entrants to the Top 100, led by Chinese Express Delivery King Wang Wei of SF Express, whose February IPO saw his wealth shoot up five-fold to US$27bn, straight into 25 in the world. Others of note include former China Number One Ding Lei, 46, of Netease, and Elon Musk, who broke into the Top 100 for the first time. Lakshmi Mittal, 66, won back most of his losses from last year, on the back of a recovery in the global steel market…
Women. 15% of the list are women. Of the 152 self-made women, Chinese led the way with 121 (a staggering 79.6%), followed by 14 from the USA and 8 from the UK. The richest women are Liliane Bettencourt, 94, of L’Oreal with US$28bn, followed by Alice Walton of Wal-mart, Jacqueline Mars of Mars and Maria Franca Fissolo of Ferrero Rocher. The richest self-made woman in the world is Beijing Real Estate Queen Chen Lihua of FuHua with US$7.2bn. Hoogewerf said, “China is indisputably now the best place in the world to be a female entrepreneur.”…
Others include 115 Chinese billionaires with senior political appointments to the NPC and CPPC…
29% of billionaires are of Chinese origin, up 22 to 652 this year, and 252 new Chinese billionaires five years ago.

Wirtschaft | Korruptionsbekämpfung
Sep 26th, 2015 by Gao

Ralf Ruckus: China Crash – Der Umbau der Wirtschaft stockt (gongchao)

In den Tagen der Panikverkäufe und platzenden Blasen wirkten die chinesischen Börsen wie Spielbanken, in denen beim Roulette auf mögliche Wirtschaftstrends gesetzt wurde. Hinter dem Auf und Ab der Kurse stehen wirtschaftspolitische Manöver der herrschenden Kommunistischen Partei Chinas (KPCh) und anderer Spieler sowie langfristige Entwicklungen des chinesischen Kapitalismus.

William H. Overholt: The politics of China’s anti-corruption campaign (East Asia Forum)

Chinese ‘corruption’ is overwhelmingly graft, whereas in, for instance, the Philippines under former president Ferdinand Marcos, and in India, corruption in the narrow sense predominates. Many important Marcos-era projects were designed to fail, leaving the government in debt. In China, good roads and ports get built consistently. In India they don’t. Likewise with primary education and international sporting events.
More costly still, Japan has what’s termed ‘structural corruption’. A few major interest groups dominate the legislature to the extent that they can pervert national policy to their benefit…
In China, the scale of graft has become potentially fatal for the regime. Some claim that China’s authoritarian system inevitably causes extreme corruption and a democratic China would be much cleaner. But poor democracies typically have much more crippling corruption than China. In these countries, there are few or no political contributions other than bribes or candidate self-funding and the complexity of democratic judicial systems makes it difficult to convict criminals, which empowers wealthy criminality.

Inflation | Protest in Taibei | Lebensstandard | Krim | Südchinesisches Meer | Huawei
Mrz 24th, 2014 by Gao

China’s economy: An alternative view (Economist)

Is China’s economy underheating? Not long ago, many people would have scoffed at the suggestion. The country is known for searing property prices, hot-money inflows and the steam escaping from its financial furnaces. The stock of outstanding credit, broadly defined, climbed to over 180% of GDP at the end of 2013, according to the central bank, and over 215%, according to an even broader measure by Fitch, a ratings agency.
But house prices are slowing, exports are weak and shadow banking is losing ground to traditional lending. Forecasters expected industrial output to grow by 9.5% in the first two months of 2014, compared with a year earlier; it grew by only 8.6% … Emi Nakamura, Jón Steinsson and Miao Liu of Columbia University … believe true inflation may have been as high as 20% in 2007 and 18% in 2008, compared with official figures of 4.8% and 5.9%.

Taiwan youth protests against China trade deal (Guardian)

Thousands of young Taiwanese waved banners and shouted slogans to mark the third day of their occupation of parliament to protest against a trade pact with China which they fear could further swell Beijing’s economic influence.
Parliamentary approval of the pact would pave the way for greater economic integration between the two former geopolitical foes by opening 80 of China’s service sectors to Taiwan and 64 Taiwanese sectors to China.

AP: Dozens arrested as Taiwan riot police clear protesters from cabinet offices (Guardian)

Authorities said they arrested 58 protesters and that 137 were injured, including 24 hospitalised. The crackdown came five days after mainly student demonstrators occupied the nearby legislature to protest the ruling party’s decision to renege on a promised line-by-line review of the trade agreement.

Hsiao-Hung Pai: Students occupy Taiwan’s parliament against trade deal (revolutionary socialism in the 21st century)
J. Michael Cole: Taiwanese Occupy Legislature Over China Pact (Diplomat)
Ray Sanchez, Zoe Li: Taiwan Legislature occupiers‘ ultimatum passes without response from government (CNN)
J. Michael Cole: Riot Police Crack Down on Taiwanese Protesters (Diplomat)

The standoff over a controversial trade agreement between Taiwan and China that began on March 19 with the occupation of the legislature took a turn for the worse on March 23 after riot police turned on protesters who had occupied the nearby Executive Yuan, injuring several dozens.
Sunday night’s dramatic events occurred a day after an unsuccessful meeting between Premier Jiang Yi-huah and Lin Fei-fan, one of the leaders of the “sunflower revolution,” and following an international press conference by President Ma Ying-jeou, who refused to meet the group’s demands. Since March 19, tens of thousands of Taiwanese have protested outside the legislature, while about 300 — mostly students — remain shacked up inside the building.
The alliance against the services trade pact, an amalgam of student organizations, lawyers, and civic organizations, had initially demanded that the Cross-Strait Services Trade Agreement (CSSTA), signed in China in June 2013, be reviewed clause-by-clause by the legislature, that a mechanism be set to monitor future agreements with China, and that President Ma apologize for the crisis. It later changed its demands by requesting that the pact be annulled altogether and calling for a national conference on the matter.

委员:9成农民生活和40年前一样 改革成果哪去了(北青网)

全国政协委员舒红兵在政协无党派界别小组会上,称许多农村人跟40年前一样,9成农民因为医疗负担重死在家中,孩子们的上学条件没有改善,反而更加困难。类似于雾霾等两会话题,对底层百姓而言“太奢侈”。

CPPCC Member: The Lives of 90% of Peasants [Rural Residents] Are the Same as 40 Years Ago, Where Are The Fruits of the Reform? (ChinaSmack)

National Chinese People’s Political Consultative Conference (CPPCC) member Shu Hongbing said during a CPPCC group meeting of the independent/non-party affiliated that many peasants [rural residents] are as they were 40 years ago, with 90% of peasants dying in their homes because of heavy medical expenses, their children’s access to education have not improved but have instead become even more difficult. Similar to the topic of smog [air pollution] during the Two Meetings, it is “too luxurious/extravagant” [irrelevant, only of significance to the upper classes] for the ordinary common people at the lowest levels of society.

Foreign Ministry Spokesperson Qin Gang’s Remarks on the Current Situation in Ukraine (Ministry of Foreign Affairs of the People’s Republic of China)

We respect the independence, sovereignty and territorial integrity of Ukraine.

王义桅:乌克兰危机的四点启示(《人民日报海外版》)

乌克兰政局并没有随着苏联解体、乌克兰独立并交出世界第三大核武库而消停,恰恰相反,这些年来,乌克兰成为冷战最后的战场,甚至可能引发第二次冷战。乌克兰又倒向了西方,克里米亚地区则公投要重回俄罗斯。俄罗斯和西方地缘政治拉锯战进入最后阶段,带给我们诸多启示。

AFP: Russia isolated as China abstains in UN Security Council vote on Crimea (South China Morning Post)

Russia vetoed a Western-backed resolution condemning today’s referendum in Crimea at an emergency UN Security Council meeting yesterday but China abstained, isolating Moscow further on the Ukraine crisis.

Russia vetoes US-sponsored UN resolution declaring Crimea vote invalid (RT)
Wang Yiwei: Four lessons to be learned from the Ukraine crisis (People’s Daily)

Ukraine has become the final battlefield in the „cold war“, and it is becoming a possibility that the crisis will trigger a second „cold war“. The Crimean parliament’s declaration of independence from Ukraine ahead of the March 16 referendum indicates that Crimea may go ahead and join Russia.

Peter Lee: From Kiev to Beijing … and Taipei (Asia Times)

A certain amount of attention, and rightly so, has been paid to the discomfiture of the People’s Republic of China (PRC) with Crimea unilaterally declaring independence from Ukraine. The PRC abstained on the UN Security Council condemnation of the vote, instead of supporting Russia with a „nay“. The PRC possesses or covets several significant territories whose inhabitants, if given the opportunity, might eagerly defy the One China policy to announce, organize, and pass a referendum of independence: Tibet, Xinjiang, Hong Kong, Inner Mongolia, Macau, and Taiwan.

Eric Li: Nothing awkward about China’s position with regard to Ukraine (South China Morning Post)

Donald K. Emmerson: Eyes on Crimea, China makes its move (Asia Times)

At Second Thomas Shoal, a handful of Philippine marines have long been stationed and re-provisioned on the rusting deck of the BRP Sierra Madre, a Philippine naval ship half-sunk into the reef in 1999. Ever since, the vessel and the marines have served to embody Manila’s claim of sovereignty over the shoal. More recently, China has tried to raise the salience of its own claim by intensively patrolling the area.
On March 9, 2014, China made a move to end the status quo at the shoal. For the first time in 15 years, Beijing stopped Manila from delivering supplies to the Sierra Madre.

Zachary Keck: Second Thomas Shoal Tensions Intensify (Diplomat)

The U.S. has criticized China for provoking the Philippines in the Second Thomas Shoal even as Manila air-lifted supplies to its marines stationed on the disputed reef.

Jeff Himmelman: A Game of Shark and Minnow (New York Times)

David E. Sanger, Nicole Perlroth: N.S.A. Breached Chinese Servers Seen as Security Threat (New York Times)

American officials have long considered Huawei, the Chinese telecommunications giant, a security threat, blocking it from business deals in the United States for fear that the company would create “back doors” in its equipment that could allow the Chinese military or Beijing-backed hackers to steal corporate and government secrets.
But even as the United States made a public case about the dangers of buying from Huawei, classified documents show that the National Security Agency was creating its own back doors — directly into Huawei’s networks.

Snowden-Enthüllung: NSA spionierte Chinas Staatsführung und Konzerne aus (Spiegel)

Die amerikanische Regierung hat eine digitale Großoffensive gegen China gestartet und dabei auch die chinesische Staatsführung und den Huawei-Konzern ins Visier genommen. Das geht aus Unterlagen des ehemaligen NSA-Mitarbeiters Edward Snowden hervor, die der SPIEGEL einsehen konnte. Zu den Zielen, die der amerikanische Geheimdienst attackierte, zählen der ehemalige Staatspräsident Hu Jintao, das chinesische Handelsministerium, das Außenministerium, Banken sowie Telekommunikationsunternehmen.

Bernhard Zand: Chinesischer Tech-Konzern Huawei verurteilt NSA-Spionage (Spiegel)
Matthias Kremp: Warum die USA Chinas Netzwerk-Giganten ausspähte (Spiegel)

Wirtschaftspolitik
Mrz 8th, 2013 by Gao

Johnny Erling: Chinas Chefökonomen uneinig (Standard)
Victoria Ruan: Mainland urbanisation drive may increase financial risks, say advisers (South China Morning Post)
China could maintain fast growth for 20 yrs (China Daily)

E. A. Preobraženskij, János Kornai: Übergangsgesellschaft
Mrz 5th, 2013 by Gao

Heiko Khoo: János Kornai and China. part 1: Kornai’s Political Economy of Socialism / part 2: Where does China fit within Kornai’s System Paradigm? (karlmarx.net)
Heiko Khoo: Transitional Economics (karlmarx.net)

Vorträge in Wien
Nov 16th, 2012 by Gao

关贵海 (北京大学): 论中俄关系
20. November 2012, Institut für Ostasienwissenschaften, Sin 2.

Dennis Hickey: Taipei, Beijing and the Path to Peace Across the Taiwan Strait.
Mittwoch, 21. November 2012, 18.00 Uhr, Institut für Ostasienwissenschaften, Sin 1.

Carol Yeh-Yun Lin: National Intellectual Capital of Austria and Its Relationship with the Greater China Economies.
Mittwoch, 30. Jänner 2012, 18.00 Uhr, Institut für Ostasienwissenschaften, Sin 1.

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