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Media Report
November 20 , 2015
  • The Washington Post：Islamic State claim of hostage killing complicates China's terror debate
    The Washington Post reports: "China on Thursday vowed 'justice' for a Chinese national kidnapped and apparently slain by the Islamic State. 'The Chinese government will resolutely oppose all forms of terrorism, and resolutely strike at any violent terrorist criminal activities that defy the bottom lines of human culture,' read a statement released by the Foreign Ministry. The comment came after the militant group claimed it executed Fan Jinghui, a Chinese national, and Norwegian citizen named Ole Johan Grimsgaard-Ofstad. Fan, 50, was the first Chinese known to have been kidnapped by the Islamic State...Fan's death in captivity adds a new dimension to China's complicated conversation on terror post-Paris—a conversation that includes sympathy for the victims, resentment over a perceived double standard in the way the world reacted to the attacks, and, now, questions about what role -- if any -- China should play in the fight against the Islamic State."
  • The New York Times：China's President Praises Hu Yaobang, a Fallen Party Reformer
    The New York Times reports: "China's staunchly traditionalist Communist leader, Xi Jinping, paid tribute on Friday to a predecessor, Hu Yaobang, who was in many ways his opposite in temperament and politics...Mr. Xi kept away from delicate memories while nonetheless praising this Long March veteran who was instrumental in rescuing Mr. Xi's own father, a fellow Communist veteran, from the political wilderness where Mao had cast him. 'Comrade Hu Yaobang devoted his entire life to the party and the people,' Mr. Xi said at the meeting in the Great Hall of the People, the grandiose home of the national legislature in central Beijing, China Central Television reported. 'His pioneering achievements in socialism with Chinese characteristics are immortal.'"
  • The New York Times：China Breaks Up $64 Billion Underground Banking Network

    The Associated Press reports: "Authorities in China have cracked the country's biggest-ever underground banking network, which handled illegal foreign exchange transactions worth 410 billion yuan ($64 billion), police said Friday. The bust comes amid a months long crackdown on illicit outflows, which officials say disrupt China's financial management, facilitate corruption and help terrorists and criminals launder their dirty money. Over 370 people were detained, prosecuted or otherwise reprimanded in the case, police in Jinhua city said in a statement on their website. Jinhua is in Zhejiang province on China's eastern coast, a zone known for its shadowy financial networks."

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