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BEIJING, June 1 (Xinhua) -- China has promising growth prospects and should not be blamed for world imbalances, says Danny Quah, a renowned British economist."Emergency financing that was placed in the Chinese economy to counter the downturn from the 2008 global financial crisis was the right thing...The imbalances is a global problem, not a China problem," said Quah, a professor at the London School of Economics and Political Science.China did the right thing in infusing its economy with fiscal stimulus, Quah said in a recent interview with Xinhua.He also declined to describe the ballooning real estate prices as a bubble, pointing out "the strong fundamentals" of China's economy.He said the expansion of China's housing construction will be proved useful eventually, given the fact that "China is still engaging in the task of moving hundreds of millions of people from rural areas to urban China to continue to power its manufacturing and industrial progress.""So I would not describe it as a collapse of real estate bubble, we can look forward to a rationalization of housing and real estate prices," Quah said. "The improvement and expansion of housing stock will play an important role in continuing to move the Chinese economy forward.""I think Chinese fundamentals will continue to be strong. And a little bit of high inflation, as long as it doesn't break out into some kind of runaway high inflation, is probably no bad thing," he said. "We will get it under control again as the Chinese government did previously."On allegations that China deliberately keeps its currency RMB weak to obtain unfair advantages in trade with countries like the United States, Quah said people who draw such a false conclusion are misguided."The United States is running a trade deficit not just against China. It is running a trade deficit against almost 100 other countries," he said. "China is not unique in how it is exporting more to the United States than it's importing."The U.S. government was beginning to run a large trade deficit long before China's trade surpluses started grow, he added."If you take the ratio of China's bilateral trade surplus against the U.S. as a fraction of the U.S.' overall bilateral trade deficit against all of the countries, it has remained constant over the last 15, 20 years," Quah said.

BEIJING, May 1 (Xinhua) -- China's police forces nationwide were ordered Saturday to step up security of kindergartens and schools after a spate of violent attacks against school children.An emergency circular issued by the Ministry of Public Security also called for harsh punishments of criminals who attacked school children in order to deter potential attackers.It ordered all necessary measures be taken against school attackers in accordance with the law to stop a crime in progress.The ministry instructed police to work with courts and prosecutors to handle such cases swiftly.Police must also work with education authorities to comprehensively screen all campuses and their surrounding areas for security risks.

BEIJING, May 18 (Xinhua) -- China and Russia Tuesday pledged to work together to take their strategic partnership of coordination to a new high."It serves the strategic interests and common aspiration of both countries to elevate the China-Russia strategic partnership of coordination," Chinese President Hu Jintao told the visiting Russian State Duma Chairman Boris Gryzlov Tuesday.Gryzlov is leading a delegation to Beijing for the fourth meeting of the cooperative committee between China's National People's Congress (NPC) and Russian State Duma.Hu visited Moscow ten days ago to attend the celebrations marking the 65th anniversary of the victory of the Great Patriotic War over Nazi Germany.Recalling the visit to Moscow, Hu said he was impressed by the commemorative events.Chinese President Hu Jintao (R) meets with Boris Gryzlov, chairman of Russia's State Duma, in Beijing, capital of China, May 18, 2010.Gryzlov appreciated Hu's attendance at the commemoration, stressing Russia and China share the same view of the war.While reviewing the bilateral relationship this year, Hu highlighted close contacts between leaders, strong, substantive cooperation, and frequent people-to-people exchanges.Hu said the complicated and capricious international situation posed important opportunities and challenges for China and Russia."China would like to work with Russia to boost the sound and fast growth of bilateral relationship," Hu said.On legislative front, Hu called for the legislative bodies of China and Russia to play out their advantages and contribute to the overall bilateral relationship.Earlier Tuesday, Wu Bangguo, chairman of the NPC Standing Committee, held talks with Gryzlov at the Great Hall of the People.

BEIJING, April 19 (Xinhua) -- China's Vice President Xi Jinping Monday told members and organizations of the Communist Party of China (CPC) they had strict responsibilities in restoring normal life in quake-stricken Qinghai Province and helping the survivors.Xi, a member of the Standing Committee of the CPC Central Committee Political Bureau, made the requirements at a meeting of senior CPC leaders in Beijing on Party building.Party members, officials and organizations responsible for civil affairs should make sure quake-affected people have enough food, clothes, drinking water and shelters, Xi said.CPC members, officials and organizations working in health-care fields should treat the injured and prevent disease outbreaks, while members working in education should work to resume school classes, Xi said.Other CPC officials and members in transport, electrical power and telecommunications should make efforts to repair infrastructure, and restore power, water supplies and road transport as soon as possible.He Guoqiang, head of the CPC Central Commission for Discipline Inspection, who was also present at the meeting, underlined disciplinary rules for quake relief work.

PYONGYANG, May 9 (Xinhua) -- The Rodong Sinmun, a leading newspaper of the Democratic People's Republic of Korea (DPRK), hailed the recent successful visit to China by top leader Kim Jong Il in an editorial published Sunday.The editorial said that the people of the DPRK are "very glad and excited" about the visit. It is a "meaningful opportunity" to strengthen the friendship between the two parties and the leaders of the two countries.The article also indicated that the DPRK will make efforts to further strengthen the traditional DPRK-China friendship.Both countries shared the view that peace, stability and prosperity of the Korean Peninsula are in the common interests of the two countries and other Northeastern Asian nations, the editorial said.The two sides will make joint efforts to achieve the objective of denuclearizing the Peninsula on the basis of the Sept. 19 Joint Statement, it added.The editorial also said that the people of the DPRK sincerely wish the Chinese people still greater achievements in their socialist construction and the cause for national reunification.Kim Jong Il made an unofficial visit to China from May 3 to 7. He has visited China for five times since 2000.

来源：资阳报