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Der wöchentliche Presserückblick der Schweizer Botschaft in der VR China
The Weekly Press Review of the Swiss Embassy in the People's Republic of China
La revue de presse hebdomadaire de l'Ambassade de Suisse en RP de Chine
  2.7-6.7.07, No. 172  
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Mongolia

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Foreign Policy

Chinese President Hu Jintao appoints new ambassador (Xinhua)
2007-07-02
Chinese President Hu Jintao appointed a new ambassador to the United Nations Office in Geneva on Monday. (…) Li Baodong replaced his predecessor Sha Zukang who became a UN under-secretary-general for Economic and Social Affairs on June 22. ^ top ^

China urges Vatican to take actions to improve ties (Xinhua)
2007-06-30
The Vatican should take actions, instead of creating barriers, if it wants to improve ties with China, Chinese Foreign Ministry spokesman Qin Gang said Saturday. Qin made the remarks when answering a question about Pope Benedict XVI's open letter to Chinese Catholics. "China's stance on improving relations with the Vatican is consistent. Namely, Vatican should sever the so called diplomatic ties with Taiwan and recognize the People's Republic of China is the sole government representing China," said Qin. (…). ^ top ^

Third China-EU Financial Dialogue held in Brussels (Xinhua)
2007-07-04
China and the European Union (EU) on Wednesday held the Third China-EU Financial Dialogue here, aiming at beefing up exchanges in financial policies. At the one-day meeting, the two sides discussed various topics of mutual concern, such as macro-economic situation and policies, reforms in financial sectors, guidelines on accounting and governmental purchases. Chinese Vice Minister of Finance Zhu Zhigang and EU Commissioner for Economic and Monetary Affairs Joaquin Almunia attended the meeting. (…). ^ top ^

Spokesman: China, Pakistan to cut bilateral trade tariffs from July (Xinhua)
2007-06-29
China and Pakistan will start to cut or scrap tariffs on all products from July 1 to boost bilateral trade, Wang Xinpei, spokesman of the Ministry of Commerce, has said. The two-phase step is in accordance with a free trade agreement (FTA) signed by the two countries last November, which aimed to triple the trade volume to 15 billion dollars in five years. Under the agreement, both sides will, during Phase I, slash tariffs on 85 percent of the products by different ranges in five years after the agreement is put into force, and eliminate tariffs on 36 percent of the products in three years. (…). ^ top ^

China urges more talks on Iran, not sanctions (China Daily)
2007-07-04
China's UN ambassador said on Tuesday that diplomacy on Iran's nuclear program should run its course before any consideration of additional Security Council sanctions to curb Tehran's nuclear ambitions. "More importance should be attached to the diplomatic track," Ambassador Wang Guangya told a news conference, adding that he doubted "if it is right moment for the Security Council to take more measures in the sanctions area.(…) Wang said that the council should take no action, or even draft a resolution imposing more penalties. (…) Wang said that Iran had the right to "enjoy the peaceful uses of nuclear technology" but some kind of a "freeze" was necessary because "there are some suspicions of its nature." (…). ^ top ^

Africa looks forward to all-round co-op with China (Xinhua)
2007-07-04
African countries are looking forward to carrying out all-round cooperation with China, said Mohamed El Mamy, secretary-general of the Mauritania Chamber of Commerce and Industry, on Wednesday. Mohamed El Mamy, also the head of African industry and commerce group, made the remark at a Sino-Africa trade conference in central China's Hubei province. Together with Mohamed El Mamy, some 49 high-ranking trade officials and business people from 21 African countries, are attending a series of exchange programs and forums in Wuhan, capital city of Hubei. They have put forward more than 100 economic and trade projects for their Chinese counterparts, covering infrastructure development, automobiles, agriculture, medicine and electronics, according to the China Council for the Promotion of International Trade (CCPIT). (…). ^ top ^

UN chief urges China to do more in war on climate change (SCMP)
2007-07-03
The United Nations' secretary-general yesterday called on the mainland, whose rapid industrial growth has turned it into one of the biggest emitters of greenhouse gases, to do more to tackle climate change. "China is one of the biggest emitters and should take part ... in the international community's common efforts to address these climate change issues," Ban Ki-moon said in Geneva. A Dutch government research body last month said China's emissions of carbon dioxide - the main greenhouse gas responsible for global warming - surpassed those of the United States by 8 per cent last year. But the central government immediately rebuffed the claim, saying the report was "flawed".(…)

 

Domestic Policy

President Hu on Party education (People's Daily Online)
2007-07-05
The Communist Party of China (CPC) should enhance its self-construction to succeed in building a well-off society, says an editorial in People's Daily. An excerpt follows: Enhancing the construction of the Party is the key to creating a new situation in building socialism with Chinese characteristics. President Hu Jintao stressed this important thought in his speech at the Party School on June 25. He gave a profound exposition on the importance of the Party's self-perfection and further charted the direction of the Party's construction. (…) All members of the Party should study and implement Marxism-Leninism, Mao Zedong Thought and Deng Xiaoping Theory, the important thought of Three Representatives and the scientific concept of development. (…) Democratic construction should be promoted. The construction in the Party's ideological style should be strengthened and formalistic and bureaucratic style of work should be curbed. (…) The struggle against corruption concerns the survival of the Party and the country. (…)An overall system that emphasizes education, legislation and supervision should be built to prevent and punish corruption. (…). ^ top ^

Supreme People's Court targets "judicial injustice" (Xinhua)
2007-07-05
Different yardsticks for applying the death penalty have led to "judicial injustice". Zhang Jun, vice-president of the Supreme People's Court, acknowledged on July 4 that uneven standards applied during mandatory second-instance trials by provincial high courts in cases involving the death penalty have led to problems during the review by the highest court. "The Supreme People's Court will gradually unify standards for penalties for similar categories of criminal cases across the country" (…) Ni Shouming, the apex court's spokesman, told China Daily that different penalty criteria exist because of complex and complicated local conditions in the huge country, but are mainly for economic and drug-trafficking crimes.(…) Zhang said the review has reduced the number of death sentences in China, and "human rights protection is constantly improving". He did not provide the number. (…). ^ top ^

New laws put us at more risk: lawyers Rules of conduct upset the legal profession (SCMP)
2007-07-02
Lawyers have criticised proposed changes to the mainland's Lawyers Law, saying that, while they demonstrate a step forward in protecting their rights, some clauses actually weaken lawyers' powers. The amendments, put before the National People's Congress Standing Committee last week for a first reading, are the first set of comprehensive proposed changes to the law since it was passed in 1996. "These clauses will not act to protect lawyers when put into use," said lawyer Li Fangping . "What they actually do is provide more grounds on which authorities can hold lawyers responsible." He pointed to one amendment that aims to free lawyers from any liability in their court speeches, except for those that are deemed to threaten state security, that amount to defamation, or disrupt the order of the court. […] ^ top ^

Legal aid network to help migrants - Pact to tackle unpaid wages and injuries (SCMP)
2007-07-05
More than 30 mainland cities have signed a pact creating an inter-city legal aid network to provide migrant workers easier access to legal advice on everything from unpaid wages to compensation for work-related injuries. The so-called Chongqing Pact signed on Tuesday by government-sanctioned legal aid centres in 31 cities is aimed at streamlining access to legal assistance for migrant workers, according to He Hongbin , vice-director of the Chongqing Justice Bureau's Legal Aid Department. Chongqing is one of the major exporters of migrant workers. The agreement seeks to counter the lack of recourse many migrant workers face with labour disputes or work-related injuries. Recently, for example, about 200 construction workers from Kaixian county, Chongqing, were beaten by hired thugs in Heyuan , Guangdong, for demanding unpaid wages for their work on a hydroelectric power station. […]. ^ top ^

New standards to be set for dental products (SCMP)
2007-07-05
The government is drafting a set of standards for the approval of oral-care products following a spate of scandals including a toxic chemical in toothpaste and corruption involving the National Committee for Oral Health (NCOH). (…) The mainland is under immense pressure to repair its tainted image, with an increasing number of countries banning or expressing concerns over the safety of its exports, including food, drugs and oral-care products. […]. ^ top ^

China speeds up military sector reform (China Daily)
2007-07-04
The government is mulling policies to speed up reform of its secretive military sectors, yet maintain national security, a senior defense official said. The new policies will cover market entry, investment, taxation, and land acquisition, Vice-Minister of the Commission of Science, Technology and Industry for National Defense Sun Qin said on Monday. China pledged to open up its military industries to private investors - both domestic and foreign - last month. (…) A few "key military enterprises with national strategic security concerns and core State secrets" will remain solely in State hands, Sun said. (…). ^ top ^

Official: "Mass incidents" on rise as environment deteriorates (Xinhua)
2007-07-04
Chinese people's refusal to accept an ever deteriorating environmental situation has resulted in a rising number of "mass incidents", the country's chief environment official said on Wednesday. Zhou Shengxian, director of the State Environmental Protection Administration (SEPA), did not give detailed figures or examples when addressing a national environment meeting on Wednesday. But Zhou did reveal that his agency received 1,814 petitions in the first five months of the year appealing for a better environment, an 8 percent increase over the same period of last year. "As people's living standards rise, they are focusing more on the environment and on quality of life," said Zhou, acknowledging that repeated environmental incidents have undermined public confidence. (…) SEPA vice-director Pan Yue said on Tuesday that "traditional ways of development have caused the near breakdown of China's resources and environment and people's lives are in great danger." He set in motion a plan to tackle water pollution in China's four major rivers, mainly targeting illegal pollution discharge. ^ top ^

Beijing denies bid to cover up World Bank pollution data (SCMP)
2007-07-06
The central government denied yesterday that it had put pressure on the World Bank to cut data from an environmental report that allegedly found that pollution caused about 750,000 premature deaths on the mainland each year. The Financial Times reported on Monday that Beijing had persuaded the bank to remove findings that outdoor air pollution in mainland cities caused 350,000 to 400,000 premature deaths each year. […]. ^ top ^

Vice Premier calls for development of irrigation in drought-hit areas (Xinhua)
2007-07-04
Chinese Vice Premier Hui Liangyu on Wednesday called for efforts to develop irrigation facilities and water conservancy projects to minimize losses in drought-hit northeast China. Severe drought has plagued north China since June, especially in the northeast Liaoning and Jilin provinces. More than 1.7 million people and 760,000 head of livestock are still facing drinking water shortages and 183 reservoirs have dried up so far in the drought-stricken region. Hui urged local farmers to make up for the losses in the farming sector by working as migrant workers in the urban areas and developing the breeding industry. (…). ^ top ^

3.5m affected by floods in China (China Daily)
2007-07-03
More than 3.5 million people in China's central province of Hubei have now been affected by the heavy rain which has been lashing the country over the last five days. Storms first hit the region towards the end of June and have sparked flooding and landslides which have killed 26 people and forced over 70,000 to leave their homes. Despite the rains easing over the last 24 hours, the Yangtze, and many other major rivers running through Hubei remain dangerously high. (…) The flooding has caused a huge amount of economic damage with government officials estimating losses at just over $100 million. Since the start of this year more than 40 million people have been affected, with over 118,000 homes now destroyed (…). ^ top ^

Only acid rain falls on Guangzhou (SCMP)
2007-07-05
Guangzhou saw only acid rain in the first three months of the year, with average pH values of less than 4, mainland media reported yesterday. Acid rain affected 15 of Guangdong's 21 major cities and polluted a dozen from January to March, the Southern Metropolis News reported. Guangzhou, Zhuhai , Shenzhen, Foshan and Dongguan were among the worst hit. (…) The report said acid rain caused the province annual losses of 4 billion yuan between 1996 and 2000. Wu Dui , researcher at the Guangzhou Research Institute of Tropical Oceanic Meteorology, said acid rain had fallen more than 70 per cent of the time in Guangzhou since 2000. He said acid rain had affected agricultural output, construction materials and historical sites. […]. ^ top ^

32 firms shut down for river pollution (China Daily)
2007-07-04
A branch of a Chinese dairy giant and a unit of the biggest oil refiner are among 32 companies that were ordered to stop production yesterday for violating pollution limits. The State Environmental Protection Administration demanded that the companies clean up their operations. The enterprises, along with six sewage treatment plants singled out for criticism, operate along the Yangtze River, Yellow River, Huaihe River and Haihe River, according to SEPA vice director Pan Yue. Mengniu Dairy's branch in Dengkou County, Inner Mongolia Autonomous Region, has operated without wastewater processing facilities ever since it began business in December, 2005, and it discharges effluent into the Yellow River without treatment, SEPA said. (…. ^ top ^

China to build inland waterway network (China Daily)
2007-07-03
The State Council has approved a national inland waterway and port plan jointly formulated by the National Reform and Development Commission and the Ministry of Communications, said Weng Mengyong, Vice Minister of Communications. According to the plan, China will construct a network connecting superior waterways composed of the trunks of the Yangtze River, Xijiang River and Beijing-Hangzhou Grand Canal, the Yangtze Delta Waterway Network, the Pearl River Delta Waterway Network, as well as 18 other waterways. (…)When finished, the water network will run through 20 provinces or regions, connecting 56 cities each with a population of over 500,000 and 27 national-level ports(…). Shanghai may be the biggest beneficiary from the plan (…). ^ top ^

China heading for top spot in world tourism rankings (China Daily)
2007-07-02
With the Olympics as a launch pad and amid a rising global fascination in all things Chinese, China is expected to replace France as the world's top tourism destination by 2014, an AFP report said, citing experts. The number of foreign visitors to China reached 22 million in 2006, excluding arrivals from Hong Kong, Macau, and Taiwan, compared to a mere 300,000 in 1978, according to the China National Tourism Administration.(…). This year alone China's tourism industry is expected to generate US$78 billion, 2.5 percent of GDP, a figure that could rise to US$277 billion by 2017, according to the World Tourism Organisation. (…) The broader impact of the thriving sector on the rest of the economy is huge, accounting for 440 billion dollars this year and up to 1.6 trillion by 2017, the World Tourism Organisation said. ^ top ^

Foreign tour firms set for easier travel in China (China Daily)
2007-07-05
The tourism regulator is working on details to further open the market to foreign operators by lowering capital requirements and allowing subsidiaries. Foreign tour agencies will be treated on par with domestic counterparts when it comes to registered capital, a China National Tourism Administration (CNTA) official has said. Currently, they are required to have a minimum of 2.5 million yuan ($328,000) in registered capital, compared to 300,000 yuan (39,400) for domestic tours and 1.5 million yuan ($197,000) for outbound and inbound tours for Chinese counterparts. (…). ^ top ^

Chinese travelers spur tourism growth in Asia Pacific region (Xinhua)
2007-07-02
Chinese tourists have become the driving force behind fast tourism growth in Asia and the Pacific Region, according to sources at an international conference on travel trends. The Asia-Pac region posted a 8.6 percent rise in tourism in the first four months of the year, and 75 percent of in-bound international tourists came from within the region. (…) China now handles 125 million international tourists, plus 1.4 billion domestic tourists, every year. (…) In 2009, China could receive 145 million international tourists, said Yates, advising China to make efforts to limit the destructive impact of tourists on the country's natural resources. (…). ^ top ^

Third riot in a month erupts in Chongqing (SCMP)
2007-07-06
Thousands of people took to the streets in Chongqing for the third time in a month, in protest against a land deal that killed one man and injured more than 10, officials and villagers said yesterday. The rioting began on Tuesday and eventually involved about 5,000 rural residents before the crowd dispersed at about 2am yesterday. Changshou district authorities sent more than 1,000 armed police and two armoured vehicles to restore order, a spokesman from the Yanjiayuan Street office said. The third large-scale outbreak of social unrest in the municipality in a month was triggered by farmers dissatisfied with different government compensation offered for land for different phases of an industrial zone project. (…). ^ top ^

Striking migrant workers attacked in Guangdong, 1 killed (China Daily)
2007-07-02
Hundreds of hired thugs attacked striking migrant workers, killing one man, in southern China's bustling Guangdong province, newspaper reports and a company manager said Monday. The assailant some dressed in security guard uniforms, also seriously injured six workers after they allegedly attacked the strikers with shovels, axes, steel clubs and knives Friday, said Liu Zhongcheng, a manager of the Shenzhen Qiutian Construction Co. Liu said the attack on the workers continued after police arrived on the scene, suggesting the local government may have colluded with Fuyuan Energy Company - which hired Shenzhen Qiutian Construction - to break the strike at a hydroelectric plant. (…). ^ top ^

Farmers take stake in land-use reform (SCMP)
2007-07-04
The southwestern city of Chongqing is piloting a reform that allows farmers to transfer their land-use rights to companies and become shareholders in the firms, state media reported yesterday. According to a policy recently announced by the Chongqing Industrial and Commercial Bureau, farmers with "contracted operating rights" for land can transform them into stakes in newly established companies, Xinhua and state television said. However, the land must continue to be used for its original purpose, typically agriculture. The mainland bars farmers from owning land, which belongs to the state. Instead, farmers are granted rights to use the land. Some people on the mainland have called for true ownership of land, but the government is clinging to one of the last vestiges of socialism despite the move towards a market-oriented economy. […]. ^ top ^

After the blast, a deafening silence falls on the media (SCMP)
2007-07-06
As the outside world waited yesterday for news of the karaoke parlour blast in northeastern Liaoning that killed 25 young revellers, a deafening police silence fell on the province's media. After hastily concluding search-and-rescue operations at what was left of the entertainment venue that housed the hall, restaurant and public bathhouse in Tianshifu, Benxi county, police ordered the rubble cleared without suggesting what might have caused the explosion. A reporter working for a regional newspaper in Liaoning province said the provincial propaganda department had issued a gag order soon after the explosion in the mining town, without giving any reason. (…) Censorship on major disasters is not unusual on the mainland. (…). ^ top ^

 

Hongkong

Rally turnout highest for 3 years, says organizer (SCMP)
2007-07-02
Tens of thousands of Hongkongers took to the streets yesterday demanding full democracy. The rally organiser, the Civil Human Rights Front, said 68,000 people took part in the march, the highest turnout in the past three years, and compared with 58,000 protesters last year. Last night the police put the figure at only 20,000 people, while the University of Hong Kong's Public Opinion Programme estimated that 23,834 joined the march. Prominent marchers leading the protest were Cardinal Joseph Zen Ze-kiun, veteran Democrat Martin Lee Chu-ming and Next Media (SEHK: 0282) chairman and Apple Daily founder Jimmy Lai Chee-ying, who were joined by the old and the young. […]. ^ top ^

 

Taiwan

Former KMT chairman appears in court as corruption trial reconvenes (People's Daily Review)
2007-07-03
Former Kuomintang (KMT) party chairman Ma Ying-jeou appeared on Tuesday in a Taiwan court for the sixth session of his trial on corruption charges, local media reported. Before appearing in the local court in Taipei, Ma was reported as saying that the court would understand that he had not swindled expense funds once the whole procedure for claiming the funds had been clarified. (…) Ma was charged with misusing more than 11 million Taiwan dollars (330,000 U.S. dollars) in expense funds during his tenure as mayor of Taipei (…). ^ top ^

Associated Press in Santo Domingo (SCMP)
2007-07-06
Taiwanese Vice-President Annette Lu Hsiu-lien has kicked off a Latin American tour in the Dominican Republic, an ally rapidly increasing its economic and political ties with the mainland. Ms Lu's three-country trip is designed to counter a mainland push that bore fruit last month in Costa Rica, where the government announced it was switching its diplomatic recognition to Beijing in the hope of attracting more trade with the mainland. […]. ^ top ^

 

Economy

China top choice for foreign investors (Xinhua)
2007-07-05
China is the most attractive destination for foreign investment, according to a survey conducted by leading global professional services firm Ernst & Young. Between February and March 2007, the survey asked 809 managers from various industries in European, American and Asian firms about their investment preferences. Almost half -- 48 percent -- of international investors cited China as one of their top three preferred business locations in 2007, up from 41 percent in the 2006 survey. They said they were drawn to China for its low labor costs, more competitive rates and higher productivity. (…) However, the survey revealed that China, while topping the rankings for its favorable labor costs, still lags behind in quality of workforce -- only 4 percent of those surveyed said it is the most attractive country in terms of labor skills. (…). ^ top ^

Yuan hits new high against U.S. dollar (Xinhua)
2007-07-03
China's currency, the yuan, hit a new high on Tuesday against the U.S. dollar, according to the Chinese Foreign Exchange Trading System. The central parity rate of the yuan, also known as Renminbi (RMB), stood at 7.5951 yuan to one U.S. dollar on Tuesday, gaining 124 basis points from Monday's reference rate of 7.6075 to the dollar. It is the first time that yuan's value exceed 7.60 mark. On July 2, it challenged the 7.61 mark to reach 7.6075. The Chinese currency has climbed 2,136 basis points from 7.8087 yuan to one U.S. dollar posted on the last trading day of 2006. The accumulative appreciation since July 21, 2005, when China discontinued yuan's peg to the greenback, has exceeded 7.5 percent. […]. ^ top ^

Tax rebate cut changes textile export strategy (China Daily)
2007-07-03
The tax rebate of textile exports will be reduced to 11 percent from 13 percent from this month, which will mean a 25 percent profit drop to Fomo, a Beijing-based garments company. […] China decided to cut or do away with tax rebates for over 2,800 items from July 1 as an effort to reduce the mounting trade surplus and adjust the export mix. It is the boldest move the government has ever made to rein in exports since it joined the World Trade Organization in 2001. The affected items account for 37 percent of all export products (…). ^ top ^

BP: China's primary energy consumption grows 6% faster than world's average (Xinhua)
2007-07-02
China's primary energy consumption rose by 8.4 percent in 2006, 6 percent more than the growth rate of global consumption, according to a report released by BP on Monday. The world consumption rose 2.4 percent last year, slowing from a rise of 3.2 percent in 2005, according to the BP Statistical Review of World Energy. China consumed 1.7 billion tons of oil equivalent in 2006, accounting for 15.6 percent of the world's primary energy consumption, the report showed. […]China's dependency on oil imports stood at 47 percent in 2006. […] China is also catching up in gas production and consumption. […] China's coal consumption was 1.19 billion tons of oil equivalent in 2006, and remained self-sufficient in coal consumption with coal output reaching 1.21 billion tons of oil equivalent. China's nuclear power output rose by 2.3 percent in 2006, and hydropower output by 5 percent, both higher than the world average growth of 1.4 percent and 3.2 percent respectively.[…]. ^ top ^

 

North Korea

N.Korea tested advanced missiles: US general (China Daily)
2007-07-02
North Korea's recent tests of short-range missiles were successful launches of an advanced weapon that can be fired at little notice to strike targets in South Korea, the commander of US Forces in South Korea said on Monday. North Korea tested at least three short-range missiles over the past month, with the latest test last week coming as UN nuclear inspectors were in the country as a part of a disarmament deal.(…). ^ top ^

DPRK top leader Kim Jong Il meets Chinese FM (Xinhua)
2007-07-03
Kim Jong Il, leader of the Democratic People's Republic of Korea (DPRK), met with visiting Chinese Foreign Minister Yang Jiechi on Tuesday in Pyongyang. (…)Both sides discussed the Korean Peninsula nuclear issue. Yang called for the "full implementation" of the existing agreements on the issue. He expressed hope that all parties concerned will "continue to take positive steps, fulfill their commitments and take initial actions in a comprehensive and balanced manner so as to push forward the six-party talks." Kim said there have been some "signs of easing" on the peninsula and all parties concerned should take initial actions. (…). ^ top ^

Top negotiators for Korean nuclear talks to meet next week (Xinhua)
2007-07-05
Top negotiators for the six-party talks on the Korean Peninsula nuclear issue may meet next week, Russian Deputy Foreign Minister Alexander Losyukov said on Wednesday. Kim Jong Il, leader of the Democratic People's Republic of Korea (DPRK), Tuesday told Chinese Foreign Minister Yang Jiechi that there have been some "signs of easing" on the peninsula and all parties concerned should take initial actions following a February agreement. (…). ^ top ^

 

Mongolia

Protocols Signed During Yang's Visit (UB Post)
2007-07-05
The recent three-day visit to Mongolia by Yang Jiechi, Foreign Minister of the People's Republic of China, was significant on two counts. First, it was the first such visit in six years and, second, Yang chose Mongolia as the first country to visit after he assumed his present office. (…)The two signed bilateral cooperation protocols.(…) Mongolia would be happy to expand cooperation with China in the fields of trade, security, mining, infrastructure construction, culture and education. The Mongolian Foreign Minister stressed his Government's adherence to the one-China policy. This accepted both Taiwan and Tibet as inalienable parts of China. (…). Interestingly, the Asia-Pacific Committee Meeting of the International Union of Socialist Youth (IUSY), which was held in June at the Ministry of Foreign Affairs in Ulaanbaatar, adopted a resolution recognizing Tibet as an independent state and condemning its “illegal occupation” by China. (…) Mongolia has also allowed the Dalai Lama to make a number of visits here, most recently last year, ignoring Chinese displeasure. ^ top ^

 

Alinghi – America's cup

China Team on course for future America's Cup glory (China Daily)
2007-07-04
They came last this time round but China Team are plotting a glorious America's Cup future once the spotlight turns away from the 2008 Olympics in Beijing. China's first America's Cup team started off with little more than a Chinese flag, Chinese money and a Chinese dream. Venture capitalist Wang Chaoyong had been blown away by the high-tech elegance of the Formula One of sailing at a regatta in France. (…) By the time the America's Cup rolled around this year, the team had trained up five Chinese sailors to take positions on the 17-man boat. (…) De Lesquen, Executive Manager of China Team, said he hoped to raise his next America's Cup budget of 35-40 million euros ($48-54 million) easily as several companies wanted to buy into the dream of China competing again in the world's oldest sailing event. (…). ^ top ^

Alinghi retains Cup after thrilling race (Xinhua)
2007-07-04
Alinghi won the 32nd America's Cup yesterday, beating Team New Zealand by one second in a thrilling seventh race to take the series 5-2. (…) Yesterday's race was a heart-stopping end to the best-of-nine series with the boats hardly more than a boat length apart for most of the race, playing clever tactical games to win a few meters of advantage. (…). ^ top ^

 

Joel Baumgartner
Embassy of Switzerland
 

The Press review is a random selection of political and social related news gathered from various media and news services located in the PRC, edited or translated by the Embassy of Switzerland in Beijing and distributed among Swiss Government Offices. The Embassy does not accept responsibility for accuracy of quotes or truthfulness of content. Additionally the contents of the selected news mustn't correspond to the opinion of the Embassy.
 
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