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Media Report
June 13 , 2016
  • The Financial Times reports: "Fixed-asset investment in China grew at its slowest rate for 16 years in the first five months of this year, as private companies held off spending and left the state sector to keep the economy humming. The figures could weigh on China's ability to hit its economic growth in line with its annual target this quarter. Beijing targets average annual economic growth of 6.5 per cent until 2020, and reported 6.7 per cent year-on-year growth in the first quarter....'This figure suggests that the tightening measures by the policymakers, such as window guidance towards property-related lending, are starting to bite,' said Raymond Yeung, analyst with ANZ Bank."
  • Reuters reports: "Chinese coast guard vessels prevented a Philippine nationalist group from planting a Filipino flag on a rocky South China Sea outcrop, the group said on Monday, the latest territorial standoff between the two countries.The incident between the coast guard and the Kalayaan Atin Ito (Freedom It's Ours) group took place at the disputed Scarborough Shoal on Sunday, just as foreign ministers from Southeast Asian countries and China prepared for a meeting in Kunming to discuss territorial rows in the hotly contested waters....The shoal, seized by China after a three-month standoff in 2012, is a bone of contention for the Philippines and its president-elect, Rodrigo Duterte, has vowed not to give way over the right of his country to sail there freely....Philippine defense and military officials declined to comment on the incident. Beijing stressed that the shoal belonged to China."
  • The New York Times reports: "The Chinese police have recommended prosecution on a charge of subversion for Zhou Shifeng, a prominent lawyer whose arrest last year formed the focus of a campaign to discredit and dissolve networks of rights-focused defense lawyers who challenged the government, one of his former colleagues said on Monday....Over the weekend, the police told Mr. Zhou's family that they had recommended indictment on suspicion of 'subverting state power,' said Liu Xiaoyuan, a former colleague of Mr. Zhou's, citing word from Mr. Zhou's family. Mr. Liu said the subversion charge was particularly serious and, if successfully prosecuted, could lead to a prison term of at least a decade. The charge suggested that under President Xi Jinping, the government would continue its intense drive to silence organizations and activists who even a few years ago survived in a margin of official tolerance, said Maya Wang, a researcher on China for Human Rights Watch."
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