Conservative Vice-Premier denies Bo Xilai has a political legacy
18th Party Congress news and rumour roundup:
Speaking to media yesterday, Chinese vice-premier and top contender for a seat on the next Politburo Standing Committee Zhang Dejiang denied that Bo Xilai established a legitimate political model during his time as Party Secretary of Chongqing.
Zhang wasn't the only Communist Party leader making statements to press.
The New York Times reported that Jiang Zemin still retains significant influence within the Chinese Communist Party - enough, it seems, to have more say over who Hu will leave in power as he begins to hand things over this week than Hu himself.
"For these people coming in, there will be two generations of predecessors looking over their shoulders," is how one expert put it in this NPR report.
Timothy Garton Ash translates into English the point Hu Jintao made yesterday that the country faces collapse if corruption within the Communist Party is not curtailed.
Australian journalist John Garnaut says Bo Xilai's trial won't be held until next year.
Chinese political gossip site Boxun claims to have received a series of leaked documents which indicate the pre-chosen Party and government leaders for each province, municipality and autonomous region set to take power in April 2013, the country's next four vice-premiers, five state councilors, and the heads of the country's different national-level ministries and departments, 12 new vice-chairpersons of the next National People's Congress Standing Committee, and a partial list of new vice chairmen of the next Chinese People's Political Consultative Conference which includes Donald Tsang.
-- Foxconn Sees New Source Of Cheap Labor: The United States ...the China-based contract electronics manufacturer also known as Hon Hai – is planning to build manufacturing plants in the U.S., DigiTimes reports, in a story attributed to “market watchers.”
-- China’s leadership transition doesn’t look good if you’re a foreign business The country’s new leaders, whose identities will be formally revealed on or around November 15, look likely to be a fairly conservative group when it comes to economic and political reform.
New York Times
-- Hu’s Great Gamble Since 2007, when Hu finally consolidated his power and truly took charge of internal affairs, the strategic choice has been a brutally simple one: The government and the party have made growth, and growth alone, the sole objective of their policy.
-- Situation ‘very tense’ in Rebkong, Thousands continue to protest In fresh reports coming in, 6000 to 10,000 Tibetans are gathered at the Dolma Sqaure in front of the Rongwo Monastery in Rebkong, eastern Tibet, raising slogans for the return of His Holiness the Dalai Lama to Tibet.
Rare Earth Investing News
-- More Chinese Firms Halt Rare Earth Operations Rare earth prices rallied this week when China Minmetals announced that its smelting plants would suspend production in order to stabilize market prices.
-- China in the last 10 years – graphic of the day Today’s graphic shows China’s GDP, exports, and population change over the last 10 years.
Sydney Morning Herald
-- Party time for China but this is serious The ''Big 18'' is the only time in the five-year political cycle when we get to really see and hear the President - or more correctly the general secretary of the Communist Party - speak about the country that keeps the Australian economy afloat.
Wall Street Journal
-- Li vs. Pei on China’s Prospects for Political Reform Mr. Li, more optimistic on the outlook, argues the case that reform is possible. Mr. Pei, more skeptical, argues that it is unlikely.
-- Absurdist China A striving Party official starts a circus of the disabled. His goal? Save up and buy Lenin’s corpse.
-- Sound bites from 18th Party Congress
Southern Metropolis Daily
-- “神九”航天员将亮相珠海航展 The Wing Loong, China's clone of the US military's Predator drone, will be unveiled next week at the Zhuhai Airshow. Also on display will be the Shenzhou 9 re-entry capsule accompanied by its crew, Liu Wang, Liu Yang and Jing Haipeng.
-- Key quotes from Hu Jintao's report to CPC national congress
-- China Voice: Time for renewed U.S. policy toward China
-- Hu vows to boost domestic demand, deepen economic reform
-- China to speed up full military IT application: Hu