Simon World :: Daily linklets 22nd April

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April 22, 2005

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Daily linklets 22nd April

The links between China's internet firewall, English language teaching and debate. An interesting post saying China's encouragement of English could undermine its firewall.
French cooking: see fire, add fuel. It is a move to shore up France's geopolitical position, and some think this bodes well for Taiwan. However a PLA general sees the Taiwan matter as one of national survival - if a Han majority Taiwan beraks free, the General says it will lead to the breakup of China. Bullsh!t.
One of China's big four banks, ICBC, is getting a US$15 billion bail-out from the Government. It's a no-brainer: it puts China's massive US dollar holdings to use, reduces the bad loans problem (ICBC has 19.5% nonperforming loans in its portfolio) and prepares the bank for a public listing down the track. Combined with the US$45 billion already spent on BoC and CCB, it totals US$60 billion to date spent out bailing its banks. It also highlights a problem with a revaluation of the yuan: these banks are given the money in US dollars and are not permitted to convert it to yuan. A revaluation reduces the value of these bail-outs. And while China's busy sorting out its banks, it also has a stock market problem too - despite the boom its stock market is at six year lows, primarily because of poor accounts, a massive overhang of Government stock and appalling corporate governance.
A look at the CCP's manipulation of Chinese history which concludes brilliantly:
If one can sketch out a paradigm from the aforementioned examples and China's recent spats with Japan, it is that a crime against humanity is only a crime when it is done by someone other than a leader of the Party, and if a Party leader is involved, then said crime is only a "mistake." Richard has Ross Terrill's thoughts and notes the disparity between the Chinese and Western view of the riots.
China's role in de-Stalinisation.
Ethnolingustic map of China from the re-designed, new-look Coming Anarchy. Update (17:53): CA now has a second, clearer map of the Chinese linguistic groups.
Why is China's economic growth so slow?
Maynmar will assume the chairmanship of ASEAN next year. Aseanist looks at the lessons to learn and the non-interference problem.
From a Singapore Angle has an impressive web symposium covering reactions to the Singapore casino decision.
Zombies invade China.
(15:15) ESWN posts a translation of an essay from a Hong Kong pro-Beijinger, giving us a taste of the other side of the equation.
New blogger Plunge discusses the Japanese colonisation of Korea and says I have come to the conclusion that little good came of the colonization of Korea by Japan and that it has had little impact on the success of Korea in modern times. I am NOT saying it had no positive impact, but that the amount was insufficient to warrant any praise over the condemnation they so rightly deserve for the brutal conditions Koreans had to endure. A comprehensive and thought-provoking piece.
Xinhua: when it is not being an official mouthpiece, it's mega babefest.
Koizumi to apologise again as part of fence mending measures with China, putting the ball back in China's court.

posted by Simon on 04.22.05 at 03:15 PM in the Daily linklets category.

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