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Media Report
January 28 , 2016
  • ABC News reports: "Taiwan's president, defying a rare dose of criticism from key ally the United States, visited an island in the disputed South China Sea on Thursday and called for peaceful development in the increasingly tense region....After arriving, Ma spoke at a national monument on the islet and reiterated his call made last year for peaceful coexistence and joint development. He cited infrastructure developments on the islet, including a 10-bed hospital and a lighthouse, saying they reinforced Taiwan's claim of sovereignty and granted it rights over the surrounding waters....There was no immediate response to Ma's visit from China, although a spokesman for the Cabinet's Taiwan Affairs Office on Wednesday repeated Beijing's claim to 'indisputable sovereignty' over the South China Sea islands....The U.S. takes no position on who owns the islands, but says developments in the South China Sea are a matter of national security."
  • The New York Times reports: "Secretary of State John Kerry warned China on Wednesday that North Korea was moving ahead with an effort to manufacture a nuclear weapon small enough to fit atop a long-range missile that could reach American shores, and said the United States 'will do what is necessary to protect the people of our country.'...A draft of new sanctions was sent to China about 10 days ago, but by the time Mr. Kerry arrived in Beijing, China had not responded in substance, American officials said. Negotiations on their content will proceed in the coming days, Mr. Wang said. But these new sanctions 'must not provoke new tensions,' he added....Hours after Mr. Kerry and Mr. Wang met, South Korea warned that North Korea might be preparing to launch a long-range rocket."

  • Financial Times reports: "Until recently, calls for clarity were met only by resounding silence, even as turmoil on China's equity and currency markets reverberated around the world at the start of this month....Mr Fang is a Stanford-educated former World Bank official. Speaking on a panel with the likes of Christine Lagarde, head of the International Monetary Fund, he admitted that Chinese leaders needed to communicate better with global markets....Mr Li, meanwhile, attributed the renminbi's recent volatility to market forces, which he said were reacting in part to the US Federal Reserve's December interest rate rise. He also repeated the Chinese leadership's longstanding assertion that it has 'no intention to devalue its currency'."
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