News, Views From Nepal

Yuba Nath Lamsal It has been an avowed practice in China to effect change in the top political leadership once in a decade. China’s leadership change takes place after a long and meticulous homework, which is the prime factor for a smooth transfer of power and greater political stability. This practice has been in place after the rise of Deng Xiaoping to political limelight after Mao’s demise in 1996. Deng’s rise marked a new beginning in the modern history of China. As a continuity to this tradition, leadership change in the highest political level has taken place in China recently. The week-long 18 th National Congress of the ruling Communist Party of China (CPC), in which more than 2000 delegates took part, was successfully convened in Beijing’s Great Hall of the Peoples, a symbol of victory of Chinese Revolution in 1949. The 18 th National Congress elected a 250 member central committee under XI Jinping as party’s new general secretary and the chairman of the Central Mi

Yuba Nath Lamsal Two important events took place in the international arena recently, which definitely will have far reaching impact on global politics and economy. These events include Presidential election of the United States and the 18 th National Congress of the Communist Party of China. The US presidential election was held on November 6 in which the current President Barak Obama was re-elected. Obama’s rival conservative Mitt Romney was defeated by a slight margin in terms of popular votes. This election has given continuity to the present policy because Obama is not likely to take any drastic steps in his second term. But some new initiatives may be taken on certain issues which were long overdue for years. Economic recovery plan and immigration reforms will receive top priority of the second term of Obama presidency in the domestic front. Both of these issues will have repercussion in the world. The United States is the militarily, economically and technologically a s

Challenges Ahead For President Obama Yuba Nath Lamsal The US presidential election has become a global election in two ways. Firstly, US citizens living every corner of the world can participate in the election to choose their president. Secondly, the US election is watched globally because the US election has its global impact and implication. As the only super power, the United States has its global stake and presence and the change of leadership in the White House not only brings about changes in the US domestic policy but also sends ripples worldwide. Several issues dominated the electoral debate in the US presidential election this year in which President Barak Obama won by a slight margin against his Republican challenger Mitt Romney. Economic issue was by far the strongest and most pressing one as the US economy is in history’s worst recession that has rendered tens of millions people jobless. American voters, therefore, scrutinized the economic policies of both the c

Yuba Nath Lamsal China’s once in a decade leadership change has been completed with current vice-president Xi Jinping assuming the powerful position of general secretary of the Communist Party of China and also the title as the chairman of the Central Military Commission. Xi, son of a farmer and revolutionary general who had fought along with Mao Zedong and other first generation leaders during the revolution that established People’s Republic of China in 1949, will also be elected as new president in early 2013 by the People’s Congress, China’s parliament, when it will be convened. With Xi, 59, taking over the helms of political affairs, the fifth generation leaders would be steering China towards further stability and greater prosperity. In other words, it can be said that Xi era has begun in China. Mao represented the first generation that laid the foundation of modern China. After the death of Mao, Deng Xiaoping came in representing the second generation leadership and