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Media Report
March 25 , 2015
  • "The Chinese government has provided a 'priority' list to the United States of Chinese officials suspected of corruption and are believed to have fled there, a top state-run newspaper said on Wednesday. Last year, Chinese officials said more than 150 'economic fugitives', many of them described as corrupt government officials, were in the United States...Most suspected corrupt officials overseas either worked for the government or state-owned enterprises and took bribes or embezzled public funds, Xu said. The report did not elaborate. Senior U.S. officials will meet their Chinese counterparts in August to discuss the possibility of repatriating Chinese officials who have fled to America with billions of dollars of allegedly stolen government assets, a U.S. official said last month," writes Reuters.

  • According to The Wall Street Journal, "A decision over whether to join China's new development bank is a fresh test of South Korea's ability to balance warming economic ties with Beijing and its security alliance with the U.S. While analysts widely expect Seoul to join the Asian Infrastructure Investment Bank before the end of March, the deadline to become a founding member, it is weighing the economic benefits and 'diplomatic circumstances', ...Key U.S. allies have signed up to support the new Chinese-led development fund, against Washington's wishes....South Korea's caution reflects concerns from Washington that the bank may be used by China as a way to exert influence in the Asia-Pacific region, potentially weakening U.S. alliances there-an issue that's particularly important to Seoul."
  • An opinion article from The Diplomat writes, "India and China will hold direct negotiations about their border dispute this week - the first such talks since Indian Prime Minister Narendra Modi came to power in India's general elections last May...During Xi's trip to India, both he and Modi indicated their seriousness about beginning talks in earnest on resolving the border dispute between the two countries. India and China, Asia's two largest states, share a 3,380-kilometer border. There are currently two major disputed territories: Aksai Chin, which China administers but India claims, and Arunachal Pradesh, which India administers as a state in the India Union but China claims...Though both Modi and Xi have amicably raised the border issue to the top of the India-China bilateral agenda, both governments continue to make moves that render a long-term resolution of the disputes untenable."
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