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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.

URUMQI, May 14 (Xinhua) -- Internet services were resumed in northwest China's Xinjiang Uygur Autonomous Region Friday, 10 months after a riot in Urumqi on July 5, the regional government said.In a document released by its press office, Xinjiang's regional government said Internet services were "fully resumed" in line with the region's needs for maintaining stability and boosting social and economic development.The move was also aimed at meeting the Xinjiang residents' requests for information, it said.Xinjiang has 7 million Internet users.The government expressed appreciation for the netizens' understanding and support when Internet connection, international long-distance calls and mobile phone text messages were cut in some areas of Xinjiang after the July 5 riot.Disruption of communication was aimed at cracking down on the riot quickly and prevent violence from happening again, as the riot was believed to have been orchestrated by separatists via the Internet, text message and long-distance telephone calls.Resumption of Internet services in Xinjiang has been a gradual process. Access to two leading news websites, xinhuanet.com and people.com.cn, was restored in December, followed by access to another two portal websites, sina.com.cn and sohu.com, on Jan. 10.Email services were resumed in March. International long-distance calls and mobile texting services have also been resumed gradually.

BEIJING, March 29 (Xinhua) -- China on Monday strongly condemned the bomb attacks in Moscow's metro system, and extended condolences to the families of victims."We strongly condemn the terrorist attack in Moscow subway, and express deep condolences over the deaths," said Foreign Ministry spokesman Qin Gang.He said China supported Russia's efforts in fighting terrorism, and hoped to enhance cooperation within bilateral and Shanghai Cooperation Organization frameworks, to safeguard regional peace and stability.Earlier Monday, Chinese President Hu Jintao sent a telegram to Russian counterpart Dmitry Medvedev to extend condolences over the bombings.Two suicide bombings hit Moscow subway stations on Monday morning, killing at least 37 people and injuring more than 100 on two packed trains during the rush hour, according to Russian officials.It has been confirmed that the rush-hour blasts were set off by two female suicide bombers, who probably were linked to terrorist groups in the North Caucasus.

CAPE TOWN, March 28 (Xinhua) -- China's top political advisor Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, the country's top advisory body, was making the visit at the invitation of the National Council of Provinces of South Africa.South Africa was the last leg of Jia's ten-day African tour which already took him to Cameroon and Namibia. Jia Qinglin (2nd L), chairman of the National Committee of the Chinese People's Political Consultative Conference, is welcomed by a South African senior official upon his arrival at the airport in Cape Town of South Africa, March 28, 2010. Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.In a written statement issued upon his arrival at the airport, Jia said China-South Africa relationship had advanced in an all- round way since the two countries established diplomatic ties in 1998.The two countries, which forged the strategic partnership on equality, mutual benefit and common development in 2007, have developed deeper political trust, achieved fruitful results in trade, culture, education, science, and worked closely on international issues, Jia said. Jia Qinglin (R Front), chairman of the National Committee of the Chinese People's Political Consultative Conference, is welcomed upon his arrival at the airport in Cape Town of South Africa, March 28, 2010. Jia Qinglin on Sunday arrived in Cape Town of South Africa, for an official visit to the country at the southern tip of Africa.Jia added it was in the fundamental interests of both countries and their people to seek a stronger China-South Africa relationship, which will help boost regional and world peace and development."I believe the visit will increase understanding, expand common ground, boost exchanges and deepen cooperation in a bid to cement bilateral strategic partnership," Jia said.Jia said his visit was aimed at boosting the understanding and friendship between the two nations and consolidating the cooperation in all fields.During his stay in Cape Town, Jia will hold talks with Chairman of South African National Council of Provinces Mninwa Mahlangu.Jia will also travel to Johannesburg and Pretoria where he will meet with South African President Jacob Zuma.

XINING, April 26 (Xinhua) -- China's top political advisor Jia Qinglin visited quake survivors and rescuers during a trip to the quake-hit Yushu in northwest China's Qinghai Province on Monday."The government will go all out to rebuild the quake zone," Jia, chairman of the National Committee of the Chinese People's Political Consultative Conference, told villagers from Yushu County, where the epicenter lies.Jia also met with representatives of monks who joined the rescue. He said the monks showed patriotism and compassion in their proactive role in quake relief work and called on them to continue to bring spiritual support to the quake survivors. Jia Qinglin (R), chairman of the National Committee of the Chinese People's Political Consultative Conference, talks with local residents who have sufferd the earthquakes in quake-hit Yushu County, northwest China's Qinghai Province, on April 26, 2010.In the devastated Gyegu Township, Jia praised rescuers from the army and police forces as the "main force" of the rescue work and encouraged them to keep on striving for new merits in quake relief."As the people's soldiers, you showed great valor and heroism in rescuing quake survivors with outstanding performance," he said.In a local hospital of Xining, Jia recognized medical workers' efforts in treating quake survivors and stressed the importance of preventing epidemics in the quake zone.

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