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Media Report
January 13 , 2016
  • The New York Times：South Korea Presses China for More Aggressive Action on the North
    The New York Times reports: "A week after North Korea conducted its fourth nuclear test, President Park Geun-hye of South Korea urged China on Wednesday to do more to rein in the North, amid growing criticism that Ms. Park's policy of building stronger ties with Beijing was not showing results....North Korea said its test was of a hydrogen bomb, a far more powerful weapon than the nuclear devices it has tested before, but that claim has been greeted with widespread skepticism....In recent days, some lawmakers in Ms. Park's party have said that South Korea must consider developing nuclear arms itself, contending that neither China nor the United States was able or willing to stop the North's weapons program....[Mr. Kim] warned that 'fiery clouds of nuclear war' were approaching the Korean Peninsula as the United States and its allies mustered international support for more sanctions." 
  • The Wall Street Journal：China Shares Take Late-Day Tumble
    The Wall Street Journal reports: "China shares tumbled within a whisker of their August low in the last hour of trading Wednesday, a reminder of the late-afternoon swings that unsettled markets last summer. The Shanghai Composite Index finished down 2.4% at 2949.60, just 22 points above its 2015 low on Aug. 26, and the first close below the 3000 level since then....Elsewhere, Asian markets rose as China's yuan steadied over the past four days, soothing worries that authorities were weakening the currency to stimulate the country's slowing growth....Investors in China are jittery as they try to figure out how much authorities will prop up the market. Analysts say some are worried officials appear to be prioritizing the yuan's stability over intervening to lift stocks."
  • Financial Times：China to set up unit to co-ordinate economic and financial policy

    Financial Times reports: "China has set up a new cabinet office to co-ordinate financial and economic policy, a tacit admission that its ad hoc and disjointed policymaking is failing.  China's market regulator and central bank have come under intense criticism for their fumbled handling of this year's meltdown on the stock market that reverberated around the globe. Government agencies further incensed investors globally by sending conflicting signals over management of the renminbi. The new office under China's State Council is to be headed by a former deputy governor of the Agricultural Bank of China, Caixin, an influential Chinese financial magazine, reported on Wednesday."

  • The Washington Post：China arrests rights lawyers 6 months after taking them away
    The Washington Post reports: "Several Chinese rights lawyers, including a woman who represented high-profile women's rights advocates, have been formally arrested on state subversion charges about six months after they were taken away, fellow lawyers said Wednesday...Shortly after the lawyers were rounded up in July, state media accused them of being rabble rousers intent on illegal activism....The Ministry of Public Security has lauded the detentions of the lawyers and civil activists as busting a 'major crime gang.'...On Wednesday, fellow rights lawyer Yu Wensheng said the crackdown sets back China's rule of law. 'Yet personally I believe, the more they suppress, the stronger the resistance becomes,' Yu said."
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