It is no exaggeration to state that Sino-Japanese relations are currently going through a phase of renewal and revival. Reflecting current sentiments that seek to build an optimistic future, Wen Jiabao became the first Chinese leader to visit Japan since 2000. Wen's visit follows Japanese Prime Minister Shinzo Abe's surprise visit to China in October 2006, which was unfortunately overshadowed by the North Korean nuclear test.
The testing of a nuclear device by North Korea (hereafter the Democratic People’s Republic of Korea – DPRK) on October 9 has brought to the fore South Korea’s (hereafter the Republic of Korea – ROK) measured and considered response calibrated in such a manner as to force the DPRK to return to the negotiating table. The DPRK conducted its nuclear test even as the ROK President, Roh Moo-hyun was presiding over an emergency cabinet meeting called to discuss DPRKs preparations for a nuclear test.
If current trends are any indication, the global financial system will witness a unique 'first' in mid-October when China's foreign exchange reserves are expected to cross US$ 1 trillion.
Calling upon party members to study the Selected Works of Jiang Zemin (SWJZ) in line with a decision taken by the Central Committee of the Communist Party of China (CPC), President Hu Jintao termed the publication and issue of the SWJZ "a major event in the political life of the party and state." Earlier, an editorial in the People's Daily trumpeted the publication of the SWJZ as "offering a powerful weapon of ideology for China's construction of socialism with Chinese characteristics and increasing the spiritual strength of Chinese people to build a well-off society in an all-round way." S
This paper seeks to understand the political dynamics that operates behind reforms in China. To interpret the political influences that have, and are, determining the course and trajectory of the reform process, two themes have been chosen. First, an examination of ideological trends (determinants) and their relationship with economic reforms, and the second, as an important corollary, the behaviour of factions (variables) within the Communist Party of China (CPC) that have differing
At the end of 2005, China became the world's sixth largest economy if one were to look at the size of the Gross Domestic Product (GDP) alone. China 's GDP was estimated to be 15.99 trillion renminbi (RMB) i.e., around USD 1.98 trillion. It now follows the United States , Japan , Germany , Britain and France in GDP terms and is expected to emerge the fourth largest economy before the end of 2006.
On October 12, 2005, China announced the completion of a railway line to Tibet—one of the world’s highest train routes. This railway line climbs 5,072m (16,640ft) above sea level and runs across Tibet’s snowcovered plateau—dubbed the roof of the world. China’s official Xinhua news agency while celebrating the achievement said that the equivalent of USD 3 billion had been spent on the challenging 1,118km (710-mile) section, after four years of construction.
Sino-Japanese Relations and the 'Wen Jiabao effect'
It is no exaggeration to state that Sino-Japanese relations are currently going through a phase of renewal and revival. Reflecting current sentiments that seek to build an optimistic future, Wen Jiabao became the first Chinese leader to visit Japan since 2000. Wen's visit follows Japanese Prime Minister Shinzo Abe's surprise visit to China in October 2006, which was unfortunately overshadowed by the North Korean nuclear test.