Asia - China
Confucius ( Chinese: pinyin: kong fuz; wade-giles: K’ung-fu-tzu), lit. “Master kung<” September 28, 551 BCE – 479 BCE) was a Chinese thinker and social philosopher, whose teachings and philosophy have deeply influenced chines, Korean, Japanese, and Vietnamese thought and life,
His philosophy emphasized personal and governmental morality, correctness of social relationships, jutice and sincerity. These values gained prominence in China over other doctrines, such as Legalism or Taoism during the Han Dynasty (206 BC220 AD). Confucius’ thoughts have been developed into a system of philosophy known as Confucianism. It was introduced to Europe by the Jesuit Matteo Ricci, who was the first to Latinise the name as “Confucius.”
Asia - China
Confucius, the Chinese Philosopher
US Senate Wants to Punish China for Yuan
Facing election-year pressure over unemployment, US senators have introduced legislation that would impose tough new penalties on China if it failed to revalue its currency.
The legislation, which enjoys support from both sides of the political aisle, would punish currency manipulation as an unfair subsidy and could trigger a set of retaliatory US action.
The move came as lawmakers in Washington stepped up criticism of China ahead of November mid-term US elections, accusing Beijing of securing an unfair edge in trade by keeping the yuan artificially low.
It also follows Chinese Premier Wen Jiabao strong statement at the weekend that Beijing would resist any foreign pressure for a stronger yuan.
Video: China's Stimulus Strategy: Wheel & Deal
Video (5min 5sec): China's Stimulus Strategy: Wheel & Deal.
China sees two major challenges to its economic growth: rising unemployment and a deep investment in the U.S. dollar.
Beijing's answer: spend and invest, and wheel and deal.
In the process, China is crafting a recovery strategy that's spreading its interests around the world.
Sources: CCTV, China; Al Jazeera English, Qatar; Russia Today, Russia; BBC, U.K.; Press TV, Iran; Todo Noticias, Argentina.
Reformist Qing Emperor was Murdered in 1908
BEIJING -- Arsenic poisoning killed Guangxu, a late Qing dynasty emperor who inspired the hopes of reformists but lost in power struggles with his conservative aunt, China’s Xinhua news agency said on Monday.
Guangxu, who lived from 1871 to 1908, was a favorite of Chinese intellectuals hoping to reform the decaying dynasty and save the country from encroachment by Western powers.
Guangxu’s support for a constitutional monarchy was destroyed by his aunt Cixi, the powerful Empress Dowager, who mounted a coup in 1898 that ended his Hundred Days of Reform — a period of sweeping new edicts that sought to modernize the country and succeeded only in alienating the bureaucracy.
Video: China's Authoritarian Capitalism Global Trend?
Video (5min 14sec): China's Authoritarian Capitalism a Global Trend? Naomi Klein on China and the Olympics. Author and investigative journalist Naomi Klein believes that China is finally ready to show off a potent hybrid of the most powerful tools of authoritanism and global capitalism. To discuss the significance of China on the Olympics stage, Paul Jay spoke to Naomi Klein.
"They are the most successful capitalist economy in the world. To me the question is 'what are we willing to sacrifice in the name of efficiency and in the name of economic growth?' Because by those measures, China is the most successful economy in the world right now, by the measures we use in our own country.
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