Media Report
- The Associated Press reports: "Apple Inc. on Thursday launched its smartphone-based payment system in China where the electronic payments market is already dominated by an arm of e-commerce giant Alibaba. Apple said 'Apple Pay' could be used by 19 banks, 'numerous merchants' and app developers....Apple Pay is a late arrival in a Chinese electronic payments market that offers smartphone users not just online shopping but also the option to order taxis, send money to friends, pay bills and invest in wealth management funds."
- The Washington Post reports: "China has apparently deployed an advanced surface-to-air missile system onto a disputed island in the South China Sea, according to U.S. and Taiwanese officials....In late January, a U.S. guided missile destroyer passed within 12 miles of Triton Island in the same chain, in what is known as a freedom of navigation patrol. The exercise drew condemnation from China at the time. According to the imagery, the missiles were emplaced sometime between Feb. 3 and Feb. 14....The missiles, known as the HQ-9, are a variant much like the United States Patriot missile battery and the Russians S-300. Both systems can engage targets at what is known as a "beyond the horizon" range using a set of sensors and radars that allow missiles to track and hit targets more than 100 miles away from the launch site."
- Bloomberg Business reports: "China's growth is poised to decelerate this quarter and the road ahead will be bumpy....Growth will slow to 6.7 percent in the first three months of this year as financial services contributes less to the expansion than a year ago and because policy measures to support growth have tapered off from the last quarter of 2015, says Song Yu, Beijing-based chief China economist at Goldman Sachs Gao Hua Securities Co. and the best overall forecaster of China's economy according to Bloomberg Rankings for the past two years. Even though full-year growth will drop to 6.4 percent in 2016 as wages, employment and consumption 'take a hit,' Song says he's not negative about China's economic prospects and dismisses dire predictions of a coming collapse."
Calendar
- 2016-02-17 China: Missiles have been on South China Sea island for years
- 2016-02-16 South China Sea takes center stage at U.S.-ASEAN summit
- 2016-02-15 Chinese premier says economy faces great challenges, new uncertainties
- 2016-02-14 China's bank chief defends currency regime as markets poised for another volatile week
- 2016-02-12 UK: Hong Kong bookseller ‘removed’ in breach of China treaty
- 2016-02-11 China warns on South China Sea as U.S., India consider patrols
- 2016-02-10 China breezes past EU as top wind power
- 2016-02-09 Demonstrators battle Hong Kong police over Chinese New Year treats
- 2016-02-08 China Struggles for Balance in Response to North Korea’s Boldness
- 2016-02-06 China says told North Korea does not want to see tensions rise
News
- The Washington Post These are the surface-to-air missiles China apparently just deployed into the South China Sea
- Bloomberg Business Don't Panic About China's Slowdown, Goldman Says
- The New York Times Apple Pay Launches in China Where e-Payments Widely Used
- Reuters Australia says China 'challenged' South China Sea missile report
- TIME U.S. Plans to Have 'Very Serious' Talks Over China's Missile Deployment
- Reuters Uber losing $1 billion a year to compete in China
- The Guardian Obafemi Martins joins exodus to China by signing for Shanghai Shenhua
- CNBC China consumer inflation ticks up but economists see no real rise in demand
- BBC News China teenagers jailed in US over kidnapping and assault
- The New York Times Ingram Micro Sold to Chinese Company for $6 Billion
- Foreign Policy Crunch Time for Washington and Beijing in the South China Sea
- Bloomberg Business PBOC Adopts Daily Open-Market Operations, Enhancing Rate Signals
Commentary
- The New York Times China's Missile Provocation
- Foreign Policy: Tea Leaf Nation China's Africa Dream Isn't Dead
- The Diplomat Confirmed: China Deploys Missiles to Disputed South China Sea Island
- The National Interest THAAD More Useful as Stick Against China Than North Korean Missiles
- The Wall Street Journal: China Real Time Economists React: China's Consumer Inflation Uptick Won't Last Long
- The Diplomat Slouching Tiger, Roaring Dragon: How China Still Outpaces India
- Slate A New Class of Chinese Migrants