Gentlefolk
As you
know, I compile a monthly summary of news items, with a focus on news in/on
China.
There is
so much competition within Western media outlets that usually only the unusual,
sensational, or bizarre gets a mention. Hopefully this summary will give you a
better idea of some of the things happening in China.
The
events/items included are not necessarily the headlines, but rather things
which caught my eye.
These
news items were sourced from the China Daily newspaper 1 – 30 May 2015.
Actual
events usually occurred a day or two before they appeared in the China Daily newspaper.
Currency shown
is US$, and the exchange rate used this month is US$1 = Yuan 6.2.
Remember:
the China Daily is a government newspaper whose main purpose in life is to make
the Communist Party of China (CPC) and the Chinese Government look good. But if you strip away the propaganda, there
is still quite a lot of interesting stuff in the paper.
I can’t
vouch for the accuracy of the information, but the Chinese keep a myriad of
statistics and most of them are probably accurate.
Events
which made the news in China in May 2015
(a) Domestic (in China) events and news
1 May
|
Beijing’s Palace Museum (aka Forbidden City) announced
plans to build a satellite museum at Xi Yu He, about 30 km from the Forbidden
City. Total area 620,000 sq metres (including 125,000 indoor).
|
Beijing is home to 91 universities with enrolled students
totalling 814,300. A recent survey
found that Beijing students have an average monthly expenditure of $220; they
spend an average of 2 hours per day online.
|
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China National Tourism Administration has launched a
3-year “Toilet Revolution” during which 33,000 new toilets will be
constructed at major tourist sites, and 24,000 existing toilets will be
renovated.
|
|
China’s steel exports in the first quarter of 2015
totalled 26 million tonnes, and increase of 41% over Q1 2014.
|
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Govt announced the overseas origins of malware/computer
attacks in 2014: 22% USA: 19% Hong Kong; 8% South Korea; 4% Japan; 3% India.
|
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2 May
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183 exhibitors from 40 countries participated in the
Shanghai Aviation Expo. In 2014 China
bought 35 business jets, well down from 55 in 2011.
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The Beijing Ducks won the China Basketball Association championship
final on 22 March. The television
audience was 190 million. American Stephon Marbury, 38, was MVP. He has 3.7 million followers on Sina Weibo
(China’s Twitter). A stamp has been
issued in his honour.
|
|
4 May
|
Forbes magazine estimated that at the end of 2014 there
were 13.9 million “mass affluent” Chinese (with more than $100,000 to
invest).
|
The Communist Party of China (CPC) banned official
meetings by Party or Govt agencies from being held in 21 top tourist areas.
|
|
5 May
|
Opening of ‘totally robot’ factory in Dongguan,
Guangdong. In 2014 Chinese companies
bought 57,000 industrial robots, about 25% of world demand; next biggest
buyer was South Korea, followed by Japan; USA; Germany.
|
19 senior managers of State Owned Enterprises (SoEs) being
investigated for corruption. New
leadership at CNPC (Wang Yi Lin) and Sinopec (Wang Yu Pu).
|
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A 57 storey building was erected in 19 days in Changsha;
pre-fabricated steel structure; 1,200 workers worked 24/7; includes 800 residential
apartments and offices for 4,000 staff.
|
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6 May
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The Shanghai Composite Index fell 4%, biggest daily fall
in 3 months. The SCI is back down to
4298.
|
7 May
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Premier Li Ke Qiang is determined to cut red tape. He cited a recent case were a person
applying for a govt permit was told “prove
your mother is really your mother”. 98% of netizens said they had
experienced similar absurd requests.
|
9 May
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Taxes on cigarettes have increased from 5% to 11% which
will raise retail prices by about 10%.
Last year govt revenue from cigarette taxes was about $150 billion.
|
Premier Li Ke Qiang visited Beijing’s Zhongguancun
District (aka China’s Silicon Valley) to promote local entrepreneurship. The District averages 49 start-ups per day.
|
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Ex-NBA player Yao Ming (now owner of the Shanghai Sharks
team) raised $3 million through “crowd funding” to expand his winery in California’s
Napa Valley.
|
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11 May
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The Central Bank cut interest rates again. The benchmark one-year lending rate is now
5.1%; the benchmark deposit rate is 2.25%.
|
A Tianjin-based health products company celebrated its 20th
anniversary by taking 6,400 staff to France for a week.
|
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A replica of Beijing’s Old Summer Palace (Yuan Ming Yuan)
covering 400 hectares was opened at Hengdi Movieworld at Dongyang, Zhejiang
Province. Cost $4.8 billion. The company is forecasting 10 million visitors a
year (adult entry ticket $45). The original Palace was destroyed by British
& French soldiers in 1860 during the 2nd Opium War.
|
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In 2014 Beijing International Airport handled 582,000
flights (86 m passengers); 96 airlines fly to 133 destinations in China and
111 overseas. A second airport is
under construction in Daxing. It will
open in 2019 with a capacity of 72 million passengers a year.
|
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12 May
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The demand for smartphones appears to be stabilising. In Q1 2015 99 million units were shipped,
down from 103 million in Q1 2014. Most
popular in Q1 2015: Apple 15%; Xiaomi 14%; Huawei 11%; Samsung 10%.
|
Retail price of 90-octane gasoline has risen slightly to $1.05
a liter.
|
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13 May
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Jackie Chan’s 2nd autobiography was released on
his 61st birthday. He is also
Dean of the new Jackie Chan Film & TV Academy, part of the Wuhan
Institute of Design and Sciences.
|
The 21st annual nation-wide English language
competition for college students “21st Century Coca Cola Cup” was
launched.
|
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Release of a 94 minute documentary “Mr Deng goes to Washington” about first official visit to USA by
Deng Xiao Ping for 9 days in January/February 1979.
|
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15 May
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Four new penthouses for sale in Beijing; asking price of
$80 million each.
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20 May
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Ministry of Industry launched “Made in China 2025”
project. Emphasis on cultivation of innovation and high-tech industries.
|
Disney opened first store in China, in Shanghai’s Pudong
area not far from where the Disney theme park will open next April. The store
has an indoor area of 860 sq m, as well as a huge outdoor area; it carries
2,000 products for sale.
|
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21 May
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Tough new anti-smoking restrictions will commence in
Beijing on 1 June. About 24% of adults
(43% of males, 2% of females) in Beijing smoke, down 4% on the figure in
2008.
|
A survey found a definite gender bias in hiring graduates:
males applicants got job interviews almost 50% more often than female
applicants.
|
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In 2014 there were 274 million migrant workers in China
(compared to 242 m in 2010); 67% male; 80% finished school at 16; average
earnings $410 per month.
|
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In 2014 China had 300 gigawatts of hydropower capacity
(15% of total energy); target is 420 gigawatts of hydropower by 2020.
|
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China’s cinema box-office takings in 2014 totalled $4.8
billion.
|
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An authorised online car-hailing service will commence in
Shanghai on 1 June; joint venture between SH govt + taxi corporation + Didi
Dache (which runs the Didi and Kuaidi apps).
|
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22 May
|
Infamous celebrity Guo Mei Mei, 23, was finally charged
with running an illegal gambling establishment (she was detained in August
2014).
|
Yu Mu Chun, 20 (Ferrari) and Tang Wan Tian 21
(Lamborghini) were each given 4 month jail sentences and fined $1,500 for
dangerous driving following their high-speed crash in a Beijing road tunnel
last month.
|
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A website has exposed 210 (mostly located in Beijing)
unauthorised ‘institutes’ awarding dubious degrees. China has 2,845
authorised institutions of higher learning, including 447 private colleges
and 292 institutes of lifelong learning.
|
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27 May
|
The Defense Ministry issued its first-ever White Paper
“China’s Military Strategy”. It confirmed a policy of “active defense”, with
focus on building naval capability.
|
The govt announced plans to build lighthouses on two reefs
in the South China Sea: Hua Yang Reef and Chi Gua Reef.
|
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38 died and 6 were injured when a fire swept through a retirement
home in Pingdingshan, Henan.
|
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600 ‘members’ signed up on the first day when a “morality
bank” opened in Yanji, Jilin Province. Members get ‘credits’ for good deeds;
for example, picking up trash will get you 10 points, while donating blood
gets you 200 points. Points can then
be exchanged for services such as a haircut (150 points); having your home
cleaned (500 points); or a full health check (1,200 points).
|
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29 May
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“No one tells us what to do!” big headlines in the China
Daily in response to criticism by the USA of building on disputed reefs and
islands in the South China Sea.
|
The stock market has been up and down like a yo-yo this
month. Yesterday the Shanghai Composite Index lost 6.5%, to finish at 4630;
but then bounced back to flirt with long-anticipated 5,000.
|
|
Student Kang Xia is leaving soon to start a Masters at
Columbia University and advertised his collection of 1,741 books on WeChat (3
for $10; 7 for $16, randomly selected).
He was overwhelmed when buyers deposited $110,000 in his PayPal
account within 24 hours! Most will have to be refunded.
|
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A survey by the Chinese Doctor’s Association found that
70% had suffered verbal or physical abuse from patients; 13% had injuries which
needed treatment.
|
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3% of the 274,400 Chinese students who were studying in
the USA in 2014 were expelled from US schools and colleges; main reasons:
poor grades, followed by cheating & plagiarism.
|
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Police in Guangdong and Fujian Provinces seized 1.1 tonnes
of ‘ice’ when they busted several big methamphetamine labs.
|
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30 May
|
A South Korean businessman visiting Guangdong Province was
diagnosed with Middle East Respiratory Syndrome (MERS). Contacts in
quarantine.
|
The Municipal Govt of Beijing is considering the
introduction of tougher parking regulations.
Beijing has 5.6 million cars but only about 3 million parking spaces.
In future intending car buyers may be required to show proof of ownership of
a parking space.
|
(b) International
events
1 May
|
Prize money at this year’s Wimbledon Tennis Championships
will total $41 million. Both Mens and
Womens singles champs will receive $3 m.
|
Vietnam celebrated the 40th anniversary of
‘Liberation’.
|
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The World Expo opened in Milan. 140 countries participating. Germany has
the largest pavilion, followed by China.
|
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4 May
|
Floyd Mayweather beat Manny Pacquiao for the Welterweight
Crown by unanimous decision. They made over $100m each. Pacquiao was criticised
afterwards for not disclosing a shoulder injury.
|
40,000 shareholders (including 2,000 Chinese) attended
Warren Buffett’s Berkshire Hathaway AGM in Omaha, Nebraska.
|
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A daughter, Charlotte, born to Prince William & Kate.
|
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Stephen (Steph) Curry, 27, of the Golden State Warriors
named NBA Most Valuable Player for this season. He scored 286 3-pointers (broke
his own previous record). His 4 year
contract is worth $44 million.
|
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8 May
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The Conservative Party won 331 seats in yesterday’s UK
General Election; they will be able to govern in their own right. Parties
fielded 11 candidates of Chinese origin; one, Alan Mak, was elected as
Conservative MP for Havant.
|
9 May
|
The Forbes Global 2000 List contains 579 US-based
companies and 232 Chinese companies.
|
11 May
|
President Xi Jin Ping was one of 20 world leaders (none
from West!) to attend the 70th Anniversary celebrations in Moscow
to mark the end of WW2. The China Daily said that the Soviet Union lost 27
million in WW2, and China 35 million.
|
The World Health Organisation declared Liberia
“ebola-free”. 4,700 died from ebola in Liberia.
|
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Thousands of boat people from Myanmar (Rohingyas) and
Bangladesh try to enter Thailand, Malaysia and Indonesia.
|
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A team from China beat South Korea to win the League of
Legends Championships in Florida.
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13 May
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Much damage, many dead and injured, following earthquakes
in Nepal (Tibet also affected).
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Former badminton World #1, Malaysia’s Lee Chong Wei,
returns from drug-ban to participate in the Sudirman Cup.
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15 May
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Official visit to China by Indian Prime Minister Narendra
Modi.
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Actor Johnny Depp ordered to remove his pet dogs from
Australia because they did not go through the required quarantine procedure.
|
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A factory fire in the Philippines killed 72.
|
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18 May
|
Premier Li Ke Qiang left for official visits to Ireland,
Brazil, Colombia, Peru and Chile.
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19 May
|
People in Australia lost at least $66 million in Online
dating scams in 2014; this was the most common type of financial fraud in
Australia.
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9 dead, 18 injured in shoot-out between rival motorcycle gangs
in Waco, Texas.
|
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Google’s “Cultural Institute” has virtual tours of 700
museums world-wide (including 15 from China). Photos and videos are gigapixel,
so super clear.
|
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Barcelona won its 23rd La Liga Championship
title when it beat Athletic Madrid Messi scored the winning goal). Real
Madrid was runner-up (RM’s Ronaldo got 45 goals this season; he now has 30
career hat-tricks).
|
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Rory McIlroy set a tournament record in winning Wells
Fargo Golf in Charlotte in 267 strokes
(21 under par, 5 better than the previous record). On one round he set a new
course record of 61.
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22 May
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A USAF P8-A surveillance plane, carrying a CNN film crew,
flew over the Yongshu Reef in the disputed Nansha Islands to observe
construction. When ordered by Chinese
military to leave, the pilot responded “We
are in international airspace.”
|
Professor Zhang Hao of Tianjin University was detained
when his flight landed in Los Angeles, on charges of industrial espionage. It
is alleged that he was one of three Chinese PhD graduates who stole company
secrets while working for US companies after graduating from American
universities.
|
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The US Justice Department fined banks a total of almost $6
billion for colluding: including Barclays; Chase; Citicorp; JP Morgan; RBS.
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23 May
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The founding members of the Asian Infrastructure
Investment Bank (AIIB) met in Singapore to finalise the articles of
association.
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28 May
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Seven FIFA officials were arrested in Zurich for
extradition to the USA on corruption charges.
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The highest paid CEOs in the US are: David Zaslav
(Discovery) $156 million a year; Leslie Moonves (CBS) $54m; Philippe Dauman
(Viacom) $44m; Robert Iger (Disney) $44m; Marissa Mayer (Yahoo) $42m.
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29 May
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Golden State Warriors beat Houston Rockets 104 – 90 to
advance to the finals of the NBA playoffs; they will play the Cleveland
Cavaliers; first game 4 June.
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30 May
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The Premier of South Australia, Jay Weatherill, led a
250-person trade delegation on a visit to Shandong Province. The visit marked the 30th anniversary
of the SA-Shandong Sister State relationship (I worked at the Australian
Embassy at the time).
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This semester is rapidly drawing to a close. We anticipate
leaving Qingdao on 8 July for points south (Shanghai, Hong Kong, Brisbane,
Canberra). We have signed up for the
2015-16 academic year (suckers!?), so will return to Qingdao in early September
for the start of the new semester.
Keep well and keep smiling.
Alex & Vera Olah
English teachers at the China University of Petroleum,
Qingdao
Wednesday 3 June 2015.
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