Sci-fi blockbuster showcases Chinese vision of cooperation

China’s sci-fi blockbuster The Wandering Earth broke Chinese film’s five-year box office record on th

e North American market. Based on the novel by Liu Cixin, the movie is said to usher in China’s sci-fi blockbuster era.

Does this film resonate simply because it is a good sci-fi film made by Chinese? Of course not. It is mainly because the story reflects the co

mmon concern of people of different color, belief and nationality in the world. That is: the fate of the Earth. We

share a common destiny because we are living in the same global village. The movie has struck a responsive chord in the hearts of its audiences.

American sci-fi filmmakers have a prolonged enthusiasm about the fate of the Earth from the early stage to recent years.

From The Day of the Earth Stood Still in the 1950s to Armageddon (1998) and MegaFault (2009), a long list can be m

ade. Of course, the heroes who saved the planet were all Americans without exception. But this time it is Chinese.

The Wandering Earth shows that Chinese people are sentimentally attached to their mother pl

anet and foreigners feel the same. Indeed, Chinese people offered their own solution in the film. But in fact, the

success of The Wandering Earth is not who saved the planet, but people resolving a severe problem faced by mankind.

shlfapp.com

ntal programs and inaugurated several large-scale infrast

projects, including highway, railway, airport and power stations. However, in the face of local protests, the effectiveness of Modi’s economic package, delivered just a few months before the

election, seemed very suspicious. Interestingly, because of the tremendous opposition against the Bill and the frustrating situation on the g

round, BJP’s top local politician who was defending the bill changed his tune almost as soon as Modi left.

Clearly, Modi’s twin election trick, which comprised both nationalistic and developmental ele

ments, was clearly at work during his visit to disputed South Tibet. However, sacrificing the pa

instakingly earned mutual trust and progress in Sino-Indian relations for the sake of ephemeral political benefits seems unwise.

Even though India and China have so far held 21 rounds of talks to resolve the border dispute, and Modi and President Xi have met at least four times in 2018 to bring b

ilateral ties back on a stable footing, the border issue remains the single-most sensitive topic between the two countries. While

the dispute between China and India remains too large to be resolved altogether, both sides would better carefully manage it.

ash01.com

Let’s reap potential of China-Myanmar cooperation

Since Myanmar embarked on its political transition, political elites in the country have championed that peace is the premise for economic and social developme

nt. In the first two years of the government led by National League for Democracy (NLD), Nay Pyi Taw devoted a lot of efforts to promoting national recon

ciliation with the hope of making a major breakthrough and consolidating public support. Regrettably, results are no

t satisfactory. The NLD government is currently locked in a stalemate over national reconciliation.

It has also performed poorly in boosting the economy and improving people’s lives. Main economic indicators suggest that since the N

LD government assumed power, Living standards haven’t substantially improved, and more economic problems have surfaced to plague the c

ountry. One of the main reasons why the NLD lost seats in the 2018 elections is the government’s lackluster economic performance. If the e

conomy doesn’t improve, it will inevitably affect the NLD’s potential for victory in the 2020 election.

Therefore, the NLD government is now attaching increasing importance to economic and live

lihood issues. It has issued a string of policies to attract foreign investment. Take the new Myanmar

Companies Act. Under the law, foreigners are permitted to take up to a 35 percent stake in local companies and bus

inesses with foreign stakes of more than 35 percent will be classified as a foreign company, which facilitates co

operation between foreign investors and local businessmen and will help attract more foreign investment.

chinaherb.cc

As the West steps up its criticism of Myanmar over the Roh

and Rakhine issues, the country’s relations with the West have deteriorated. China is one of the few powers Myanmar can rely on. There is vast cooperation po

tential between the two countries. China and Myanmar can advance industrial cooperation under the framework of the Belt and Road Initiative,

the China-ASEAN Free Trade Area, the China-Myanmar Economic Corridor and the Bangladesh-China-India-Myanmar Economic Corridor. How to

unleash Myanmar’s huge development potential with the help of China should be placed on the NLD government’s planning agenda.

As Myanmar’s largest neighbor, China will continue to play an active role in promoting Myanmar’s national reconciliation and addressing the Rakh

ine issue as well as build mechanism for talks. It will assist Myanmar as much as it can. When inv

esting in Myanmar, Chinese enterprises should pay attention to their social responsibility. They should also ad

dress local people’s suspicions and misunderstandings on Chinese-invested projects. We have reasons to believe that th

e prospect for China-Myanmar cooperation under the Belt and Road framework is promising.

The author is a professor at Center for China’s Neighbor Diplomacy Studies and School of International Studies, Yunn

daochuwan.cn

With the proscription of Azhar becoming a contentious

t impedes China-India relations, some Chinese scholars advise that China take India’s concern more into account. But Liu Zongyi, a senior fellow of the Shanghai I

nstitutes for International Studies, told the Global Times that India should, first of all, mind its approach. Should New Delhi resort to quiet dipl

omacy instead of extensively directing aggressive rhetoric to pressure Beijing, the Azhar issue could have been better addressed.

Terrorism in India poses a significant threat to Indians. Without solid evidence, India has long accu

sed Pakistan of sponsoring terrorist attacks by Jaish-e-Mohammed and other militant groups and China

of providing uncritical support for Pakistan. Instead of simply blaming other countries, especially Pakistan and China, shouldn’t the Indian government ma

ke more self-introspection on its anti-terrorism policy and dwell more on how to better administer the India-controlled part of Kashmir?

China and Pakistan are not enemies of India in countering terrorism. Despite the India-Pakistan dispute, New Delhi has comm

on interests in fighting terrorism with Islamabad and Beijing. It’s suggested India abandon suspicions and the three countries enhance consult

ations on regional security and strengthen anti-terrorism cooperation. Last August for the first time the militaries of India and Pakistan took part in

a mega anti-terror drill of the Shanghai Cooperation Organization (SCO) in Russia aimed at expanding cooperation among member countries to de

al with the growing menace of terrorism and extremism. Such momentum shouldn’t be disrupted.

With the approaching general election in India, nationalism could be easi

ly fanned and used by politicians to woo support. Blaming China and Pakistan for the terr

orist attack will arouse Indians’ anxieties over neighboring countries. A tough stance by the BJP government may help the

ruling party win more support. But this will risk anti-terrorism cooperation being sabotaged for the political interests of parties in India.

www.shlfwab.com

Xi called China-US ties one of the world’s most importa

nt bilateral relationships, and the two countries have wide common interests and shoulder im

portant responsibilities in safeguarding world peace and promoting global prosperity.

Maintaining the healthy and stable development of the China-US relationship is in line with the fundamen

tal interests of the people of both countries, and it is also the common wish of the international community, Xi said.

Xi mentioned his latest meeting with US President Donald Trump on the sidelines of the G20 Lead

ers Summit in Argentina in December, saying that the two leaders reached important consensuses.

The two countries should promote building stable, cooperative and coordinative China-US relations, Xi said. The two sides s

hould enhance communication, focus on cooperation and handle disputes to promote economic and trade cooperation, Xi added.

The US team expressed the willingness to make joint efforts with the Chinese team to strive for the conclusion of a deal that meets the interests of both sides.

ax153.cn

Promising progress needs pushing forward to a deal Chin

In welcome news, it seems that the latest talks between China and the United States, which concluded on Friday, have further na

rrowed their differences and expanded their common ground on key trade and economic issues.

The two sides entered the two days of high-level talks on Thursday amid a flurry of positive sig

nals that progress was being made. And it seems that their candid discussions have continued to be rewarded.

There has clearly been movement on a number of topics that have been the focus of their recent tra

de rows. Speaking to President Xi Jinping after the talks wrapped up, US Trade Representative Ro

bert Lighthizer said the negotiators “feel we have made headway on very, very important and difficult issues”.

It is probably still too early to conclude that this heralds an end to the long-running trade d

ispute between the two countries, and it would be rash to be overly sanguine about the prospects for re

lations given Washington’s anxieties about China’s rise, which may simply be chann

eled in other ways. But the agreement between Xi and his US counterpart Donald Trump in December to press the pause button on frictions,

and the subsequent intense series of discussions to find ways to stop them escalating, show both sides are aware of ho

w damaging and potentially dangerous it would be to keep locking horns over their trade relations.

ax125.cn

Qomolangma reserve bans ordinary tourists in core zone

Mount Qomolangma National Nature Reserve in China’s Tibet Autonomous Region has ban

ned ordinary tourists from entering its core zone to better conserve the environment of the world’s highest mountain.

But for travelers who have a climbing permit, the mountai

neering activities will not be affected, according to the reserve which was set up in 1988.

Covering an area of around 33,800 square km including a 10,312-square km co

re zone, the reserve is home to one of the world’s most vulnerable ecosystems.

Recently, a report went viral online claiming the Qo

molangma base camp was “permanently closed due to heavy pollution.” But local authorities denied the claim.

Kelsang, deputy director with the reserve’s admin

istration, said ordinary tourists are banned from areas above Rongpo Mo

nastery, around 5,000 meters above sea level. A new tent camp will be set up nearly two km away from the original one.

ex187.cn

Market expectations for interest rate cuts have been rising in

 China after Spring Festival. Before embarking on their next move in interest rate reform, however, policymakers need to assess dom

estic macroeconomic conditions in order to reduce financing costs. It is more urgent to let the financial market determine the lending rate, Sun said.

“We hope (policy fine-tuning) will not surprise the market when it is introduced,” Sun said.

Communication with other countries is also needed before launching new policies or introdu

cing creative monetary policy tools, and “the PBOC has good communication mechanisms with other c

entral banks including the US Federal Reserve and the European Central Bank”, Sun said.

Last year, the PBOC removed some constraints on credit, including liquidity in

jection through cutting the reserve requirement ratio four times and capital rep

lenishment by allowing commercial banks to issue perpetual bonds, which have no maturity rate, he said.

Chinese commercial banks, however, are still using the one-year lending rate of 4.35 percent — th

e rate commercial banks charge businesses — set by the central bank in 2015. It is higher than in

terbank market rates or the interest rates banks have been paying to the central bank of 3.05 to 3.30 percent.

www.12xe6.cn

The central bank will eliminate that interest rate margin

sooner or later, and guide commercial banks to lower lending rates closer to a market-determined level, Sun said.

“Theoretically, there is room for rate cuts of 1 percentage point,” said Zhang Tao, a

n analyst in the financial market department of China Construction Bank.

China has enacted both monetary and fiscal policies to offset downward pressure on eco

nomic growth this year. Some economists have predicted the growth rate may slip in the first quarter be

low the 6.4 percent of the past three months of 2018 because of factors such as trade tensions.

US Federal Reserve Chairman Jay Powell decided on Jan 30 to shelve a plan to keep raisi

ng interest rates because of possible risks to US growth. The European Central Bank stopped exp

anding quantitative easing and warned about the negative results of Brexit.

12xe6.cn