May 24, 2011
May 24 China established rating agency playing cop to developed countries
Champa, Frangipani, Plumeria Rubra. Chameli or Gulechin in Hindi
The higher the temperature, the brighter the flowers. Even 44 degress can't make it shrivel up.
CCTV reported today that China has founded the first rating agency, Dagong, in the developing world. It's an independent private entity. Standard & Poor, Moody and Fitch Ratings could no longer fool the world as they wish. What Dagong did the other day was to downgrade Britain from AA- to A+. Because its debt is too high. In 2010 UK deficit accounts for 9.8% of GDP while its debt for 78.7%. Its economy grew only 1.3% which is below world average last year.
In the Chinese language, Dagong means Big(Da) Fairness(gong). Dagong is also the first two characters of a Chinese idiom(da gong wu si)which means unselfishness.
May 23, 2011
May 23: 60 anniversary of Peaceful Liberation of Tibet/ 17-article Agreement Signed
May 17, 2011
Delhi Diary May 17 full moon night: 3rd eye
While some are cheering for the left debacle in the Assembly election in West Bengal and other states, others are clearminded. Even Mamata Banerjee saide she was not against the Left in the State, she's only against^^^. The CPM ruled West Bengal for 34 years. How long has the Congress Party ruled India before its March 1977 defeat in the general election? 30 years, 4 years less than CPM rule. After criticism, it's the season for self-criticism. Only by doing a round of nirvana could the CPM get rebirth.
May 05, 2011
China sets up office for Internet information management
Minister Wang Chen
BEIJING, May 4 (Xinhua) -- The Chinese government announced Wednesday the setting up of an office to manage Internet information in a statement of the State Council General Office.
The department, known as the State Internet Information Office, will direct, coordinate and supervise online content management and handle administrative approval of businesses related to online news reporting, it said.
The office will work to implement the policies of Internet communication and promote legal system construction in this field, it said.
It will direct the development of online gaming, online video and audio businesses and online publication industries, it said.
The office will be engaged in promoting construction of major news websites and managing government online publicity work.
It is assigned the duties to investigate and punish websites violating laws and regulations.
It will oversee telecom service providers in their efforts to improve the management of registration of domain names, distribution of IP addresses, registration of websites and Internet access.
It will also guide the work of Internet information offices at the local levels.
The State Council will not set up another team for the office but have the staff from the State Council Information Office work for the new office as well, the statement said.
The State Council has approved the appointment of four senior officials for the office.
Director of the State Council's Information Office Wang Chen was appointed director of the State Internet Information Office.
Vice director of the State Council's Information Office Qian Xiaoqian was appointed vice director of the office.
Vice Minister of Industry and Information Technology Xi Guohua, and Vice Minister of Public Security Zhang Xinfeng were concurrently appointed vice directors of the office.
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