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	<title>Comments on: The Loss of Soft Power: It Begins</title>
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	<description>Culture and politics on both sides of the Pacific.</description>
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		<title>By: Amy Zhao</title>
		<link>http://www.thehypermodern.com/2009/03/27/the-loss-of-soft-power-its-starting/comment-page-1/#comment-285</link>
		<dc:creator>Amy Zhao</dc:creator>
		<pubDate>Sat, 04 Apr 2009 15:18:33 +0000</pubDate>
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		<description>Well,I think whether China has &quot;used&quot; African countries to get benefit by investment,aid and other help is not very important,the most important thing is they really need the investment,aid and the help.

During the financial crisis many countries has shrinked their businesses.But there are challenges as well as opportunities.As an accounting major student,I think China plays a more and more important role on international finance stage.First,the investment in Chinese financial market becomes more and more valuable,more and more Chinese banks,security companies and insurance companies have successfully obtained international capital.Second,the status of RMB is rising now.As we all know,RMB is appreciating against Pound,Euro and USDollar.Take USDollar as an example,since 2007 RMB has appreciated against it by about 20%,which shows the strong confidence of international investors on China and Chinese financial market.Third,we make lots of effort on the developement of the international financial system.During the G20 summit,Zhou Xiaochuan, Governor of China&#039;s central bank explained China&#039;s ideas on reshaping the international financial system.And western medias said China’a attitude is important for problem solving.So I think there&#039;s big chance for us to improve our soft power.</description>
		<content:encoded><![CDATA[<p>Well,I think whether China has &#8220;used&#8221; African countries to get benefit by investment,aid and other help is not very important,the most important thing is they really need the investment,aid and the help.</p>
<p>During the financial crisis many countries has shrinked their businesses.But there are challenges as well as opportunities.As an accounting major student,I think China plays a more and more important role on international finance stage.First,the investment in Chinese financial market becomes more and more valuable,more and more Chinese banks,security companies and insurance companies have successfully obtained international capital.Second,the status of RMB is rising now.As we all know,RMB is appreciating against Pound,Euro and USDollar.Take USDollar as an example,since 2007 RMB has appreciated against it by about 20%,which shows the strong confidence of international investors on China and Chinese financial market.Third,we make lots of effort on the developement of the international financial system.During the G20 summit,Zhou Xiaochuan, Governor of China&#8217;s central bank explained China&#8217;s ideas on reshaping the international financial system.And western medias said China’a attitude is important for problem solving.So I think there&#8217;s big chance for us to improve our soft power.</p>
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		<title>By: George Ding</title>
		<link>http://www.thehypermodern.com/2009/03/27/the-loss-of-soft-power-its-starting/comment-page-1/#comment-254</link>
		<dc:creator>George Ding</dc:creator>
		<pubDate>Fri, 27 Mar 2009 08:47:57 +0000</pubDate>
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		<description>Apparently the Chinese government disagrees with this portrayal of events.

Hu Changming, spokesman of China&#039;s Defense Ministry, said in a &lt;a href=&quot;http://news.xinhuanet.com/english/2009-03/26/content_11079336.htm&quot; target=&quot;_blank&quot; rel=&quot;nofollow&quot;&gt;press release&lt;/a&gt; today: &quot;China is strongly dissatisfied with [the report] and resolutely opposes it....  China unswervingly sticks to a path of peaceful development and pursues a national defense policy which is purely defensive in nature.&quot;

And, perhaps more forbodingly: &quot;We urge the United States to stop issuing such a report on China&#039;s military strength and immediately take effective measures to dispel the baneful influence caused by the report so that bilateral military ties will incur no further damages.&quot;</description>
		<content:encoded><![CDATA[<p>Apparently the Chinese government disagrees with this portrayal of events.</p>
<p>Hu Changming, spokesman of China&#8217;s Defense Ministry, said in a <a href="http://news.xinhuanet.com/english/2009-03/26/content_11079336.htm" target="_blank" rel="nofollow">press release</a> today: &#8220;China is strongly dissatisfied with [the report] and resolutely opposes it&#8230;.  China unswervingly sticks to a path of peaceful development and pursues a national defense policy which is purely defensive in nature.&#8221;</p>
<p>And, perhaps more forbodingly: &#8220;We urge the United States to stop issuing such a report on China&#8217;s military strength and immediately take effective measures to dispel the baneful influence caused by the report so that bilateral military ties will incur no further damages.&#8221;</p>
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