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DAMASCUS, June 29 (Xinhua) -- China's new special envoy to the Middle East Wu Sike said on Monday in an interview with Xinhua that the concerning parties of the Mideast peace process should hold confidence to make progress. Wu, who arrived in Damascus on Monday, starting the fifth leg of his first visit to the Middle East as China's new special envoy. After meeting with Syrian Foreign Minister Walid Mualem and Vice President Faruk Shareh, he told Xinhua that Syria and China has enjoyed good bilateral relationships and Syria appreciates China's role in the region and the Mideast peace process. China's Mideast envoy Wu Sike (L) meets with Syrian Vice President Faruk al-Shareh in Damascus, Syria, June 29, 2009."It is necessary to enhance the coordination and communication between two countries," said Wu. He also stressed that just and comprehensive Mideast peace could only be achieved by abiding by the relevant international resolutions and the land-for-peace principles. "We held good talks with Minister Mualem on the latest developments in the region," the Chinese official said, adding "we support the return of the occupied Golan heights and the establishment of a viable Palestine state with independent sovereignty." Wu, former Chinese ambassador to Egypt, was appointed as the special envoy in March this year to replace Sun Bigan. He has been director of the Department of West Asian and North African Affairs of the Foreign Ministry, ambassador to Saudi Arabia and Egypt, and also the first Chinese plenipotentiary to the Arab League. Visiting China's Mideast envoy Wu Sike (L) meets with Syrian Foreign Minister Walid al-Muallem in Damascus, Syria, June 29, 2009.Before visiting Syria, Wu has already visited Egypt, the Palestinian territories, Israel and Jordan. He told reporters that although some positive signs has turned up in the region, confidence is still needed, because "we have a long and tough way ahead to finally reach a just and comprehensive peace in the region." During his first stop in Egypt on June 21, Wu met with Egyptian Foreign Minister Ahmed Abu Gheit, and he also had talks with the Cairo-based Arab League Secretary General Amr Moussa. The Chinese official told Egyptian officials that "Negotiation is the only and the best way to solve the conflicts in the region and China will support all the efforts in this regard." After holding dialogues with Arab and Israeli officials, Wu noted that Arab world has seen the positive factors in Israeli Prime Minister Benjamin Netanyahu's recent foreign policy speech, which conditionally accepted the two state solution for the first time. However, the Arab world widely opposed the preconditions of establishing a Palestinian state in Netanyahu's speech, highlighting the Palestinian state is unable to exist with those conditions, said Wu. "Israel could not achieve its ultimate security until Israel and the Palestinians realize their peaceful coexistence," said the Chinese envoy, noting that "I have urged the Israeli leaders and politicians to accept the two state solution, stop establishing settlements and negotiate with Syria and Lebanon with concerning issues." Meanwhile, the Chinese envoy, who is also scheduled to visit Lebanon and Russia, stressed that China is willing to support with all effort to make peace in the Middle East. "Both Arab world and Israel are waiting for the other side to make a substantial step, therefore the international community needs to push forward the process," said Wu.
MOSCOW, May 29 (Xinhua) -- Senior representatives on security issues from the BRIC countries met in Moscow on Friday ahead of an upcoming summit on relations and cooperation within the bloc. Chinese State Councilor Dai Bingguo briefly commented on the current international situation and called for enhanced cooperation from the BRIC countries - Brazil, Russia, India and China - in dealing with major global and regional issues. Chinese State Councilor Dai Bingguo attends a meeting of the security representatives of the BRIC countries (Brazil, Russia, India and China) in Moscow, Russia, May 29, 2009.Dai said the international financial crisis has had an unprecedented worldwide impact. He said the upheaval has brought about a new round of complex adjustments in international relations and the world order. All nations, Dai said, desire to reform the current international economic and financial system, safeguard world peace and stability, and jointly deal with global issues. Chinese State Councilor Dai Bingguo listens during a meeting of the security representatives of the BRIC countries (Brazil, Russia, India and China) in Moscow, Russia, May 29, 2009.The state councilor suggested that in the face of mounting common threats and challenges, developed and emerging economies should seriously consider ways of promoting international order and mechanism conducive to common interests, pushing for dialogues and cooperation favorable for sustainable development, and working together to build a harmonious world of long lasting peace and common prosperity. The BRIC countries, Dai said, should work together to enlarge their consensus, exchange views on major international and regional issues of common concern, strengthen coordination and cooperation, and facilitate the settlement of problems. In particular, Dai said, the countries should reinforce their cooperation in dealing with the economic downturn, enhance coordination on macro-economic policies, jointly oppose protectionism in any form, speed up the reform of the international financial system, and advance the creation of an international cooperation mechanism conforming to globalization and multipolarization. The BRIC summit will be held in June in Yekaterinburg, Russia.
BEIJING, May 24 (Xinhua) -- Natural disasters killed 88,928 people in China last year, according to a report released by the Ministry of Civil Affairs. The number is the highest since 1976, when the 7.8-magnitude earthquake hit Tangshan City in north China's Hebei Province and killed more than 242,000 people, according to the report on the statistics of the country's civil affairs in 2008. In addition, a total of 480 million people were affected by natural disasters, with direct financial losses of 1.175 trillion yuan (about 173 billion U.S. dollars). In 2008, major natural disasters were frequent in China, with the unexpected strike of snows in the south and the devastating May 12 earthquake in Sichuan Province, the ministry said in the report. The 8.0-magnitude earthquake left more than 87,000 people dead or missing and more than 374,640 injured in Sichuan and neighboring provinces. Before that, the blizzards that struck much of central and southern China in early 2008 left 129 people dead and losses reached 151.65 billion yuan, according to the Ministry of Civil Affairs.
BEIJING, May 31 (Xinhua) -- The Beijing mansion of former Chinese Honorary President Soong Ching-ling reopened to the public on Sunday after a two-year renovation and restoration project. Rebuilt as a museum and memorial, Soong Ching-ling's former residence will have on display more historical artifacts used by Soong and her husband Sun Yat-sen, the pioneering Chinese revolutionary and political leader. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, visits the former residence of Soong Ching Ling in Beijing, capital of China, May 31, 2009Top political advisor Jia Qinglin Sunday paid his respects at Soong's statue at the former residence. Soong (1893-1981) married Sun Yat-sen in 1915 and fought for China's independence and liberty. She devoted herself to education and health affairs for children and women after the People's Republic of China was founded in 1949. Jia Qinglin (C Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, poses with guests for a group photo ahead of the re-opening ceremony of the former residence and life exhibition of Soong Ching Ling in Beijing, capital of China, May 31, 2009Du Qinglin, head of the United Front Work Department of the Communist Party of China Central Committee, said Sunday at Soong's former Beijing residence that the China Soong Ching Ling Foundation should continue to promote China's social progress and cooperation across the Taiwan Strait.Jia Qinglin (L), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with guests ahead of the re-opening ceremony of the former residence and life exhibition of Soong Ching Ling in Beijing, capital of China, May 31, 2009.
BEIJING, June 16 (Xinhua) -- For the first time in more than one year, China reduced its holding of U.S. Treasury bonds, and experts told Xinhua Tuesday that move reflected concern over the safety of U.S.-dollar-linked assets. Data from the U.S. Treasury showed China pared its stake in Treasury bonds by 4.4 billion U.S. dollars, to 763.5 billion U.S. dollars, as of the end of April compared with March. Tan Yaling, an expert at the China Institute for Financial Derivatives at Peking University, told Xinhua that the move might reflect activity by China's institutional investors. "It was a rather small amount compared with the holdings of more than 700 billion U.S. dollars." "It is unclear whether the reduction will continue because the amount is so small. But the cut signals caution of governments or institutions toward U.S. Treasury bonds," Zhang Bin, researcher with the Institute of World Economics and Politics of the Chinese Academy of Social Sciences, a government think tank, told Xinhua. He added that the weakening U.S. dollar posed a threat to the holdings of U.S. Treasury bonds. The U.S. government began to increase currency supply through purchases of Treasury bonds and other bonds in March, which raised concern among investors about the creditworthiness of U.S. Treasury bonds. The move also dented investor confidence in the U.S. dollar and dollar-linked assets. China, the biggest holder of U.S. Treasury bonds, is highly exposed. In March, Premier Wen Jiabao called on the United States "to guarantee the safety of China's assets." China is not the only nation that trimmed holdings of U.S. Treasury bonds in April: Japan, Russian and Brazil did likewise, to reduce their reliance on the U.S. dollar. However, Tan said that U.S. Treasury bonds were still a good investment choice. Hu Xiaolian, head of the State Administration of Foreign Exchange, said in March that U.S. Treasury bonds played a very important role in China's investment of its foreign exchange reserves. China would continue to buy the bonds while keeping an eye on fluctuations. Zhang said it would take months to see if China would lower its stake. Even so, any reduction would not be large, or international financial markets would be shaken, he said. Wang Yuanlong, researcher with the Bank of China, said the root of the problem was the years of trade surpluses, which created the huge amount of foreign exchange reserves in China. It left China's assets tethered to the U.S. dollar, he said. He said making the Renminbi a global currency would cut China's demand for the U.S. dollar and reduce its proportion in the trade surplus.