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Media Report
September 28 , 2015
  • The Wall Street Journal writes, "Not long before Xi Jinping's state visit to Washington last week, the Obama Administration leaked that it might sanction Chinese companies and individuals for digitally plundering U.S. trade secrets and intellectual property. That followed an April executive order that declared "significant malicious cyber-enabled activities" to be a "national emergency" punishable by visa bans, asset freezes and other means. "We're not going to just stand by while these threats grow," one Administration official told the Washington Post at the time. "If you think you can just hide behind borders and leap laws and carry out your activities, that's just not going to be the case." Well, never mind. On Friday Presidents Xi and Obama announced a new cyber-agreement that is supposed to put the unpleasantness to rest."
  • "President Xi Jinping of China, under pressure over the jailing of women's rights activists, promised on Sunday to "reaffirm our commitment to gender equality and women's development," as Secretary General Ban Ki-moon of the United Nations gently reminded world leaders to protect "human rights defenders." The remarks came at a conference of global leaders on the 20th anniversary of a landmark United Nations summit meeting in Beijing, where world leaders had promised to change their laws and practices to advance gender equality," The New York Times reports.
  • Reuters reports, "The dollar pulled away from a one-month high against a basket of currencies on Monday as investors awaited a key Chinese factory survey and U.S. employment figures this week for clues on when the Federal Reserve will finally hike U.S. interest rates. Thursday's China Caixin Purchasing Managers' Index (PMI) and U.S. non-farm payrolls on Friday could give the greenback a lift if upbeat results strengthen the case for a rate hike this year. Continued improvement in U.S. employment conditions as well as signs of stabilization in the recently slowing Chinese economy could help convince the Fed to raise rates for the first time since 2006. Until then, major currency pairs are likely to stick to recent ranges, market participants and strategists said."
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