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Media Report
June 08 , 2015
  • The Wall Street Journal writes, "Malaysia said Monday it will protest what it called the intrusion of a Chinese Coast Guard ship into its waters north of Borneo, an unusually assertive step by the country amid tensions in the South China Sea...Malaysia has generally taken a low-key approach in South China Sea disputes, in contrast to that of the Philippines and Vietnam, which have both railed against perceived Chinese expansionism in disputed areas. The three Southeast Asian countries claim parts of the sea, as do Brunei, Taiwan and China."
  • According to Reuters, "One of China's top military officers left for an official visit to the United States on Monday, the Defense Ministry said, amid tension between the two countries over the South China Sea and cybersecurity...The world's two largest economies have been trying to develop military-to-military ties as a way of improving mutual trust, but relations have long been overshadowed by political arguments between the two governments. Last week, hackers broke into U.S. government computers, possibly compromising the personal data of four million current and former federal employees, with investigators probing whether the culprits were based in China, something China angrily denies."
  • "A new China-led Asian infrastructure bank aims to differentiate itself from the World Bank and other lenders, with a leaner structure meant to showcase Beijing's reputation for speed and efficiency in building large projects...The bank, which will be based in Beijing and use English as its operating language, will open bidding for projects to all, unlike the ADB, which restricts contracts to member countries, according to a copy of the articles reviewed by The Wall Street Journal," reports The Wall Street Journal.
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