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Media Report
March 23 , 2015
  • Wall Street Journal：U.S. Looks to Work With China-Led Infrastructure Fund

    "The Obama administration, facing defiance by allies that have signed up to support a new Chinese-led infrastructure fund, is proposing that the bank work in a partnership with Washington-backed development institutions, such as the World Bank. The collaborative approach is designed to steer the new bank toward economic aims of the world's leading economies and away from becoming an instrument of Beijing's foreign policy. The bank's potential to promote new alliances and sidestep existing institutions has been one of the Obama administration's chief concerns as key allies including the U.K., Germany and France lined up in recent days to become founding members of the new Asian Infrastructure Investment Bank. The Obama administration wants to use existing development banks to co-finance projects with Beijing's new organization," reports The Wall Street Journal.

  • Bloomberg：China Will Ensure Purchase of All Renewable Power It Generates
    Bloomberg reports, "China, the biggest renewable-energy investor, has asked local authorities to ensure the purchase of all the clean power generated in the country. The nation has also asked renewable-power plants to run at full capacity, taking into account grid safety and stability, the National Development and Reform Commission said Monday in a statement on its website. China will prioritize the use of clean power to meet electricity demand in Beijing, Tianjin, Hebei, the Yangtze River Delta and the Pearl River Delta, the agency said. A rush of funds into clean-energy sources such as solar and wind has led to an increase in idled capacity in China...China led in renewables last year with investments of $89.5 billion, accounting for almost one out of every three dollars spent on clean energy in the world."
  • Wall Street Journal：Violence at Myanmar-China Border Puts Beijing in a Bind
    According to The Wall Street Journal, "When warplanes involved in fighting over northern Myanmar streaked across the border into China, an errant bomb killed Chinese farmers and put Beijing in a bind over a conflict it has tried to avoid. The explosion a week and a half ago came after jets had circled the frontier for days, occasionally bombing targets in the Myanmar region of Kokang. Yang Jinrong and other Chinese farmers living along the border had looked on from afar with little concern. Fighting between Kokang rebels and Myanmar government troops has ebbed and flowed for years, with little violent spillover....Beijing's quandary lies in trying to balance its commitment to protecting Chinese lives around the world with its aim to avoid exacerbating an already rocky relationship with Myanmar."
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