Media Report
- Reuters reports: "China is taking a 'distinctly Chinese approach' to national security with a raft of new laws, including one on counterterrorism, the third-ranked leader said on Wednesday, offering a strong rebuttal to Western criticism....The cyber security and counterterrorism laws codify sweeping powers for the government to combat perceived threats, from widespread censorship to heightened control over certain technologies....Zhang Dejiang, who heads China's largely rubber-stamp parliament, told its annual session that China had laid 'a solid legal foundation for accelerating the establishment of a national security system and taking a distinctly Chinese approach to national security'."
- Bloomberg Business reports: "Days after the Switzerland-based Bank for International Settlements played down fears over capital flight out of China, new trade data has put the spotlight on a channel used to ferret out billions worth of illicit money flows: phantom goods. A steep rise in China's reported imports from Hong Kong has raised concerns that trade invoices are being manipulated to get capital out of the country amid fears the yuan will continue to weaken....economists said the spike follows similar patterns in recent months that point to companies using trade channels to pay for goods far in excess of their value or even that don't exist at all....While China has strict rules on moving capital offshore, those seeking to evade limits can disguise money flows as payment for goods exported or imported to foreign countries or territories, especially Hong Kong. Economists have said they suspect China's December and January trade numbers were also skewed by this activity."
- The Guardian reports: "A dramatic spike in the price of iron ore this week has been blamed on an upcoming flower show that is designed to showcase green-living in one of China's most smog-choked industrial cities. Steel mills in Tangshan – a city of about 7 million inhabitants in China's steel-producing heartlands – reportedly sent prices rocketing by nearly 20% on Monday, after going on an unexpected shopping spree for the commodity ahead of an enforced shutdown later this year. The partial shutdown is intended to reduce smog during the 2016 World Horticultural Exposition, which the city will host from April until October."
Calendar
- 2016-03-08 China, South Korea step up sanctions on North Korea
- 2016-03-07 China vowed to peak carbon emissions by 2030. These researchers think it could already be there.
- 2016-03-06 China Seeks to Balance Stimulus and Reform
- 2016-03-04 China's 2016 Defense Budget to Slow in Line with Economy
- 2016-03-03 Five Things to Know About China’s ‘Two Sessions’
- 2016-03-02 China testing Obama as it expands its influence in Southeast Asia
- 2016-03-01 Exclusive: China to lay off five to six million workers, earmarks at least $23 billion
- 2016-02-29 China expects to lay off 1.8 million workers in coal, steel sectors
- 2016-02-28 Dodging Critics & Soothing Fears, China Meets G-20 Goals
- 2016-02-26 China talks up growth agenda at G20 amid lack of wider policy unity
News
- Reuters China says takes 'distinctly Chinese approach' to national security
- The Guardian China's smog-choked steel city readies for six-month flower show shutdown
- Bloomberg Business Phantom Goods Disguise Billions in China Illicit Money Flows
- The Washington Post Boy with cancer who wished to be famous in China dies
- Financial Times China takes the lead in Malaysian mega-projects
- The Wall Street Journal China Shares Fall Upon Weak Metals Prices, Steel Plant Concerns
- Bloomberg Business The China Intervention Trade Is Back as State Funds Battle Bears
- The New York Times As China Season Starts, Famous Imports a Mixed Blessing
- The Washington Post Chinese man gets 16 years in prison in deadly ricin plot
- The Wall Street Journal China Offers Afghanistan Army Expanded Military Aid
- The New York Times Chinese Collector Joins Public Art Fund
- The Washington Post Stocks pull back, breaking a winning streak for the S&P 500
- CNBC China vice fin min: We must communicate better
Commentary
- The New York Times: Sinosphere What Chinese Media Mustn't Cover at the '2 Sessions'
- Foreign Policy: Tea Leaf Nation China's Secret Weapon on Disputed Island: Beer and Badminton
- The Diplomat South China Sea and Freedom of Navigation
- The Economist China's debt binge: putting off the inevitable
- The New York Times: Sinosphere Taiwan and Hainan at Risk of Zika Spread, Scientist Warns
- Brookings Institute China's trilemma—and a possible solution
- The Wall Street Journal: China Real Time China Takes Hands-Off Approach as 'Whack-a-Mole' Property Market Returns