Analysis by Camille Bondois based on:
• Yu Jieyun, “Proposals for transferring pension funds,” Xuexi Ribao(Study Times), 2 February 2009.
• Chen Shanzhe, “According to the Ministry of Social Security, provincial level pension funds will be set up within a year,” Nanfang Zhoumo(Southern Weekend), 3 February 2009.

Analysis by Mathieu Duchâtel based on:
• Zhang Liangui, “Lacking a bottom line, Americans have become mired in North Korea’s nuclear imbroglio,” Huanqiu Ribao (Global Times), 3 March 2009.

This section, prepared by the Asia Centre (www.centreasia.org), draws mainly on the press in Chinese, aiming to reflect the point of view of the People’s Republic of China on international questions and issues related to Greater China.

Analysis by Hubert Kilian based on:
• Wang Shan, “Ma Ying-jeou and the non-state theory: Taiwan or China’s puppet,” Xin Taiwan Xinwen Zhoukan, n° 651, 11 September 2008.
• Hsueh Hua-yuan, “Ridiculous non-state theory,” Xin Taiwan Xinwen Zhoukan, n° 651, 11 September 2008.

This section, prepared by the Asia Centre (www.centreasia.org), draws mainly on the press in Chinese, aiming to reflect the point of view of the People’s Republic of China on international questions and issues related to Greater China.

Based on:
• Li Ping, Li Yajie, “Behind the orchestration by the Dalai Lama clique of the major insurrectionary movement in Tibet," Xinhua News Agency, 1 April 2008.
• Cao Xin, “Alternative thinking on the question of Tibet," Nanfang zhoumo, 2 April 2008.

Analysis by Mathieu Duchâtel based on:
– Visit of the CPC Central Party School study group to Singapore, “The political party system in Singapore,�? Xuexi shibao (Study Times), n° 420, 14 January 2008.
– Visit of the Party School study group to Singapore, “The mechanisms of the fight against corruption in Singapore,�? Xuexi shibao (Study Times), n° 422, 28 January 2008.
 

On July 21st 2005, China slightly revalued the yuan and officially modified the exchange rate system. Interpreting this move as only the outcome of international pressures to reduce international trade imbalances is however misleading. To support our argument, we explore the rationale of the July 21st decision through a review of the twin debates of the exchange rate level / system in China. We argue that both external and internal concerns are taken into account by the Chinese authorities in the management of the exchange rate. Moreover, responsibility for the management of the Chinese exchange rate among the imbalance in world trade is in doubt. The review of recent developments since the July 21st decision shows that its impact is limited. While “hot money” inflows seem to have been tamed, previous economic trends have not yet been modified.