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Media Report
May 17 , 2016
  • Reuters：Top ranked Chinese official to 'listen' to HK demands as independence calls grow
    Reuters reports: "A top ranked Chinese official began a rare visit to Hong Kong on Tuesday vowing to listen to residents' political concerns, seeking to address increasingly strident calls in the city for greater autonomy or even independence from the mainland. The visit by Zhang Dejiang, the first by a senior Chinese figure since the 2014 Occupy democracy protests, was officially to attend an economic summit....'(I will listen to) all sectors of society's suggestions and demands on how ... the country and Hong Kong should develop,' Zhang told reporters at Hong Kong airport....Tensions in the city are high, with thousands police mobilized for Zhang's visit."
  • The New York Times：Chinese Newspaper Breaks Silence on Cultural Revolution
    The New York Times reports: "Fifty years to the day since Communist Party leaders formally set in motion Mao Zedong's Cultural Revolution...the party's main newspaper broke the general silence about the anniversary and urged people to accept the past condemnation of the event and focus on the future. 'History always advances, and we sum up and absorb the lessons of history in order to use it as a mirror to better advance,' said the commentary, which appeared late Monday on the website of the newspaper, People's Daily...'We must certainly fix in our memories the historic lessons of the Cultural Revolution.' The article was the party's most high-level public comment so far on the 50th anniversary of the revolution."
  • The Wall Street Journal：Xi Jinping's Economy Gets Stuck in Theory Stage
    The Wall Street Journal reports: "A few days ago, Xi Jinping took to the People's Daily to clear up a misunderstanding over the definition of his signature 'supply-side' economic-reform policies. In a transcript of an internal speech he delivered in January, China's president explained that the term means something altogether different in China than in the West, where it refers to tax cuts and deregulation aimed at boosting the supply of goods and services....In China, by contrast, Mr. Xi said, it signifies structural overhauls that will reduce rather than increase supply...while bringing down debt and promoting efficiency....Mr. Xi's lecture on economic terminology points to a state of confusion at the highest levels of economic decision-making, at a time when confidence among investors is fragile both at home and abroad. In settling the question of how to interpret 'supply side' in the Chinese context, Mr. Xi has raised a much more fundamental one: Who is running the Chinese economy?"
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