China
Dalai Lama Retirement Accepted, So Now What?
Ashwini Bhatia/Associated Press Exile Tibetan Buddhist monks cast their votes during the final round of voting to choose the next exile Tibetan Prime Minister and the members of the Tibetan parliament-in-exile in Dharmsala, India, Sunday, March 20, 2011. Raveendran/Agence France-Presse/Getty Images Tibetan Spiritual leader The Dalai Lama gestures as he talks to journalists in Dharamshala on March 17, 2011. The Dalai Lama rejected on March 17 calls from the Tibetan parliament in exile urging him to reconsider his decision to retire as political head of the movement. The Dalai Lama’s proposal to retire from his political role — formally ending a 370-year-old tradition — has finally been accepted by the Tibetan parliament-in-exile after 10 days of emotional debate in the north Indian town of Dharamsala. More In Tibet Groupon CEO’s Non-Apology Apology For Super Bowl Ad China Watch: Chemical Espionage, Confucian Politics Tibet Ad Not Likely to Help Groupon in China Dalai Lama: ‘I Am a Son of India’ A “Dalai Lama Effect” on Exports to China The queston now for his followers, and for China’s atheist leaders: What happens after he dies? The exiled parliament passed four unanimous resolutions Friday agreeing to constitutional changes that would allow the Dalai Lama to give up his role as head of the government-in-exile, which he established after fleeing his homeland in 1959. Under the changes, to be formalized in May, his political powers will be formally transferred to a new Prime Minister, known as the Kalon Tripa, who will take power after the final results of an election held last Sunday are announced in April. The parliament-in-exile initially opposed his retirement, but the 1989 Nobel Peace laureate insisted it was necessary to establish a more democratic, and sustainable, system for leading the 150,000 Tibetans who live in exile and for pushing the non-violent campaign aimed at gaining greater autonomy for Tibet. “If we have to remain in exile for several more decades, a time will inevitably come when I will no longer be able to provide leadership,” the Dalai Lama said in a message to the parliament. “Therefore, it is necessary that we establish a sound system of governance while I remain able and healthy.” China has dismissed the Dalai Lama’s retirement as a “trick” designed to impress the international community. On Monday, the Chinese government marked “Serfs’ Emancipation Day” — the date when it dismissed the Dalai Lama as head of the Tibetan government in 1959. Padma Choling, the Beijing-appointed head of the current Tibetan regional government, made a televised speech on Sunday in which he insisted the Dalai Lama’s efforts to revive the “reactionary rule of theocratic feudal serfdom” were doomed to fail. In reality, both sides have reason to worry about the future of a region that Beijing says has been part of its territory since the 13th Century, but which the Dalai Lama says was de facto independent before Chinese Communist troops took control in 1951. The Dalai Lama’s chief concern, according to people close to him, is that the Chinese government –- which sees him as a dangerous separatist and says it has the right to approve all lamas’ reincarnations — will try to appoint his successor after his death. He says he will continue to act as a spiritual leader, much as previous Dalai Lamas did before 1642, when the Fifth Dalai Lama was enthroned both spritual and political leader following Tibet’s unification under the Mongol prince Gushri Khan. So far the 10-day parliament meeting has offered no further clues as to whether the current Dalai Lama’s own successor will be selected in the traditional manner, with senior lamas identifying a young boy as his re-incarnation after his death. The Dalai Lama has previously suggested a range of options, including having a referendum among his followers to decide whether he should be reincarnated at all. He has also suggested appointing his own successor while he is still alive . One option could be off the table, however. The favorite to be the next Prime Minister, a senior fellow at Harvard Law School called Lobsang Sangay, had suggested that the Karmapa Lama, the third highest in the Tibetan Buddhist hierarchy, act as a “regent” to lead after the Dalai Lama’s death until his reincarnation is old enough to take over. The constitutional changes agreed upon Friday entail the abolition of the regency, which traditionally handled Tibet’s government in the period between the death of one Dalai Lama and the completion of his successor’s education. Bejing, meanwhile, is concerned that the Dalai Lama’s retirement undermines both its ability to appoint a credible successor and its criticism of his government-in-exile as an undemocratic relic of Tibet’s old theocracy. Ironically, as Columbia University Tibetologist Robert Barnett has noted , those concerns mean the Chinese government is now pushing openly for the Dalai Lama to stick to the traditional succession model, even as it continues to denounce the system it says he represents. The contradiction was on full display last week as a press conference with three local experts from the China Tibetology Research Center organized by the state-backed All-China Journalists’ Association. Tsering Yangdzom, the only ethnic Tibetan among the experts, said the next Dalai Lama should be selected according to a religious tradition that she said dated back to the Sixth Dalai Lama, who reigned 1682-1706. The Sixth Dalai Lama is a significant reference in the succession debate as he was appointed by the Qing dynasty Emperor Kangxi, which the Chinese government maintains as a precedent . The government-in-exile argues Emperor Kangxi only sent representatives to the Sixth Dalai Lama’s inauguration and was not involved in his selection. Zhou Wei, another of the experts, rejected the Dalai Lama’s suggestions that he could appoint his own successor. “If he wants to win the hearts of the Tibetan people, he must respect traditions,” he said. The third expert, Du Yongbin, said the Dalai Lama’s retirement plan showed that exile government’s prime minister had no real power until now and that therefore religious leader and his followers adhered to “the old theocratic way despite claimed efforts to transform their group into a secular and democratic one.” Mr. Du went on to insist on three cardinal rules for the next Dalai Lama’s selection: observe historical precedent, respect religious requirements, and comply with the Chinese government’s “managing measures for the reincarnation of living Buddhas.” – Jeremy Page
- Ashwini Bhatia/Associated Press
- Exile Tibetan Buddhist monks cast their votes during the final round of voting to choose the next exile Tibetan Prime Minister and the members of the Tibetan parliament-in-exile in Dharmsala, India, Sunday, March 20, 2011.
- Raveendran/Agence France-Presse/Getty Images
- Tibetan Spiritual leader The Dalai Lama gestures as he talks to journalists in Dharamshala on March 17, 2011. The Dalai Lama rejected on March 17 calls from the Tibetan parliament in exile urging him to reconsider his decision to retire as political head of the movement.
The Dalai Lama’s proposal to retire from his political role — formally ending a 370-year-old tradition — has finally been accepted by the Tibetan parliament-in-exile after 10 days of emotional debate in the north Indian town of Dharamsala.
The queston now for his followers, and for China’s atheist leaders: What happens after he dies?
The exiled parliament passed four unanimous resolutions Friday agreeing to constitutional changes that would allow the Dalai Lama to give up his role as head of the government-in-exile, which he established after fleeing his homeland in 1959. Under the changes, to be formalized in May, his political powers will be formally transferred to a new Prime Minister, known as the Kalon Tripa, who will take power after the final results of an election held last Sunday are announced in April.
The parliament-in-exile initially opposed his retirement, but the 1989 Nobel Peace laureate insisted it was necessary to establish a more democratic, and sustainable, system for leading the 150,000 Tibetans who live in exile and for pushing the non-violent campaign aimed at gaining greater autonomy for Tibet.
“If we have to remain in exile for several more decades, a time will inevitably come when I will no longer be able to provide leadership,” the Dalai Lama said in a message to the parliament. “Therefore, it is necessary that we establish a sound system of governance while I remain able and healthy.”
China has dismissed the Dalai Lama’s retirement as a “trick” designed to impress the international community. On Monday, the Chinese government marked “Serfs’ Emancipation Day” — the date when it dismissed the Dalai Lama as head of the Tibetan government in 1959.
Padma Choling, the Beijing-appointed head of the current Tibetan regional government, made a televised speech on Sunday in which he insisted the Dalai Lama’s efforts to revive the “reactionary rule of theocratic feudal serfdom” were doomed to fail.
In reality, both sides have reason to worry about the future of a region that Beijing says has been part of its territory since the 13th Century, but which the Dalai Lama says was de facto independent before Chinese Communist troops took control in 1951.
The Dalai Lama’s chief concern, according to people close to him, is that the Chinese government –- which sees him as a dangerous separatist and says it has the right to approve all lamas’ reincarnations — will try to appoint his successor after his death. He says he will continue to act as a spiritual leader, much as previous Dalai Lamas did before 1642, when the Fifth Dalai Lama was enthroned both spritual and political leader following Tibet’s unification under the Mongol prince Gushri Khan.
So far the 10-day parliament meeting has offered no further clues as to whether the current Dalai Lama’s own successor will be selected in the traditional manner, with senior lamas identifying a young boy as his re-incarnation after his death.
The Dalai Lama has previously suggested a range of options, including having a referendum among his followers to decide whether he should be reincarnated at all. He has also suggested appointing his own successor while he is still alive.
One option could be off the table, however.
The favorite to be the next Prime Minister, a senior fellow at Harvard Law School called Lobsang Sangay, had suggested that the Karmapa Lama, the third highest in the Tibetan Buddhist hierarchy, act as a “regent” to lead after the Dalai Lama’s death until his reincarnation is old enough to take over.
The constitutional changes agreed upon Friday entail the abolition of the regency, which traditionally handled Tibet’s government in the period between the death of one Dalai Lama and the completion of his successor’s education.
Bejing, meanwhile, is concerned that the Dalai Lama’s retirement undermines both its ability to appoint a credible successor and its criticism of his government-in-exile as an undemocratic relic of Tibet’s old theocracy.
Ironically, as Columbia University Tibetologist Robert Barnett has noted, those concerns mean the Chinese government is now pushing openly for the Dalai Lama to stick to the traditional succession model, even as it continues to denounce the system it says he represents.
The contradiction was on full display last week as a press conference with three local experts from the China Tibetology Research Center organized by the state-backed All-China Journalists’ Association.
Tsering Yangdzom, the only ethnic Tibetan among the experts, said the next Dalai Lama should be selected according to a religious tradition that she said dated back to the Sixth Dalai Lama, who reigned 1682-1706. The Sixth Dalai Lama is a significant reference in the succession debate as he was appointed by the Qing dynasty Emperor Kangxi, which the Chinese government maintains as a precedent.
The government-in-exile argues Emperor Kangxi only sent representatives to the Sixth Dalai Lama’s inauguration and was not involved in his selection.
Zhou Wei, another of the experts, rejected the Dalai Lama’s suggestions that he could appoint his own successor. “If he wants to win the hearts of the Tibetan people, he must respect traditions,” he said.
The third expert, Du Yongbin, said the Dalai Lama’s retirement plan showed that exile government’s prime minister had no real power until now and that therefore religious leader and his followers adhered to “the old theocratic way despite claimed efforts to transform their group into a secular and democratic one.”
Mr. Du went on to insist on three cardinal rules for the next Dalai Lama’s selection: observe historical precedent, respect religious requirements, and comply with the Chinese government’s “managing measures for the reincarnation of living Buddhas.”
– Jeremy Page
After keeping its currency tightly linked to the US dollar for years, China in July 2005 revalued its currency by 2 % against the US dollar and moved to an exchange rate system that references a basket of currencies.
Deterioration in the environment – notably air pollution, soil erosion, and the steady fall of the water table, especially in the north – is another long-term problem.
China is the world’s fastest-growing major economy, with an average growth rate of 10% for the past 30 years.
The restructuring of the economy and resulting efficiency gains have contributed to a more than tenfold increase in GDP since 1978.
Its mineral resources are probably among the richest in the world but are only partially developed.
The technological level and quality standards of its industry as a whole are still fairly low, notwithstanding a marked change since 2000, spurred in part by foreign investment.
Over the years, large subsidies were built into the price structure, and these subsidies grew substantially in the late 1970s and 1980s.
On top of this, foreign direct investment (FDI) this year was set to “surpass $100 billion”, compared to $90 billion last year, ministry officials predicted.
According to the ministry, China’s ODI grew by 1.1 percent from a year earlier to $56.53 billion, which includes investment of $47.8 billion in non-financial sectors worldwide, up 14.2 percent year-on-year.
China is aiming to be the world’s largest new energy vehicle market by 2020 with 5 million cars.
In large part as a result of economic liberalization policies, the GDP quadrupled between 1978 and 1998, and foreign investment soared during the 1990s.
Since the late 1970s, China has decollectivized agriculture, yielding tremendous gains in production.
China is the world’s largest producer of rice and wheat and a major producer of sweet potatoes, sorghum, millet, barley, peanuts, corn, soybeans, and potatoes.
Horses, donkeys, and mules are work animals in the north, while oxen and water buffalo are used for plowing chiefly in the south.
Coal is the most abundant mineral (China ranks first in coal production); high-quality, easily mined coal is found throughout the country, but especially in the north and northeast.
China’s leading export minerals are tungsten, antimony, tin, magnesium, molybdenum, mercury, manganese, barite, and salt.
China’s exploitation of its high-sulfur coal resources has resulted in massive pollution.
Shanghai and Guangzhou are the traditionally great textile centers, but many new mills have been built, concentrated mostly in the cotton-growing provinces of N China and along the Chang (Yangtze) River.
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Dalai Lama Retirement Accepted, So Now What?
Business
China’s Golden Rooster Film Festival Kicks Off in Xiamen – Thailand Business News
The 2024 China Golden Rooster and Hundred Flowers Film Festival began in Xiamen on Nov 13, featuring awards, cultural projects worth 31.63 billion yuan, and fostering international film collaborations.
2024 China Golden Rooster and Hundred Flowers Film Festival Opens
The 2024 China Golden Rooster and Hundred Flowers Film Festival commenced in Xiamen, Fujian province, on November 13. This prestigious event showcases the top film awards in China and spans four days, concluding with the China Golden Rooster Awards ceremony on November 16.
The festival features various film exhibitions, including the Golden Rooster Mainland Film Section and the Golden Rooster International Film Section. These showcases aim to highlight the achievements of Chinese-language films and foster global cultural exchanges within the film industry.
On the festival’s opening day, a significant milestone was reached with the signing of 175 cultural and film projects, valued at 31.63 billion yuan ($4.36 billion). Additionally, the International Film and Television Copyright Service Platform was launched, furthering the globalization of Chinese film and television properties.
Source : China’s Golden Rooster film festival opens in Xiamen – Thailand Business News
China
Italy and China New DTA Set to Take Effect in 2025: Important Changes and Implications
Italy ratified an upgraded Double Tax Agreement (DTA) with China, effective in 2025, to reduce tax burdens, prevent evasion, and enhance investment. The DTA introduces modern provisions aligned with international standards, targeting tax avoidance and improving dispute resolution for Italian businesses.
Italy recently ratified the upgraded Double Tax Agreement (DTA), which will finally take effect in 2025. This agreement was signed in 2019 and was designed to reduce tax burdens, prevent tax evasion, and promote Italian investment in China.
On November 5, 2024, Italy’s Chamber of Deputies gave final approval to the ratification of the 2019 Double Tax Agreement (DTA) between Italy and China (hereinafter, referred to as the “new DTA”).
Set to take effect in 2025, the new DTA is aimed at eliminating double taxation on income, preventing tax evasion, and creating a more favorable environment for Italian businesses operating in China.
The ratification bill for the new DTA consists of four articles, with Article 3 detailing the financial provisions. Starting in 2025, the implementation costs of the agreement are estimated at €10.86 million (US$11.49 million) annually. These costs will be covered by a reduction in the special current expenditure fund allocated in the Italian Ministry of Economy’s 2024 budget, partially drawing from the reserve for the Italian Ministry of Foreign Affairs.
During the parliamentary debate, Deputy Foreign Minister Edmondo Cirielli emphasized the new DTA’s strategic importance, noting that the agreement redefines Italy’s economic and financial framework with China. Cirielli highlighted that the DTA not only strengthens relations with the Chinese government but also supports Italian businesses, which face increasing competition as other European countries have already established double taxation agreements with China. This ratification, therefore, is part of a broader series of diplomatic and economic engagements, leading up to a forthcoming visit by the President of the Italian Republic to China, underscoring Italy’s commitment to fostering bilateral relations and supporting its businesses in China’s complex market landscape.
The newly signed DTA between Italy and China, introduces several modernized provisions aligned with international tax frameworks. Replacing the 1986 DTA, the agreement adopts measures from the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project and the OECD Multilateral Instrument (MLI), targeting tax avoidance and improving dispute resolution.
The Principal Purpose Test (PPT) clause, inspired by BEPS, is one of the central updates in the new DTA, working to prevent treaty abuse. This clause allows tax benefits to be denied if one of the primary purposes of a transaction or arrangement was to gain a tax advantage, a move to counter tax evasion through treaty-shopping.
This article was first published by China Briefing , which is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia from offices across the world, including in in China, Hong Kong, Vietnam, Singapore, and India . Readers may write to info@dezshira.com for more support. |
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Business
China’s New Home Prices Stabilize After 17-Month Decline Following Support Measures
China’s new home prices fell for the 17th month in October, declining 0.5% from September, but slowing, indicating potential market stabilization amid supportive measures. Second-hand home prices showed mixed trends.
Decline in China’s Home Prices Stabilizes
China’s new home prices continued to decline in October for the 17th consecutive month, although the drop showed signs of slowing. Recent support measures from Beijing appear to be inching the market toward stabilization, as evidenced by a lighter decline compared to earlier months.
Monthly and Yearly Comparisons
According to the latest data from the National Bureau of Statistics, new home prices across 70 mainland cities fell by 0.5% from September, marking the smallest decrease in seven months. Year-on-year, prices dropped by 6.2%, slightly worse than the September decline of 6.1%. In tier-1 cities like Beijing and Shanghai, prices decreased by 0.2%, a smaller fall than 0.5% in the previous month.
Second-Hand Home Market Trends
Second-hand home prices in tier-1 cities experienced a 0.4% increase in October, reversing a 13-month downward trend. Conversely, tier-2 cities observed a 0.4% drop in second-hand prices, while tier-3 cities faced a similar 0.5% decline. Overall, recent trends indicate a potential stabilization in China’s property market.
Source : China’s new home prices slow 17-month decline after support measures kick in