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Media Report
June 14 , 2016
  • The New York Times：China, US Hold Talks to Bridge Cybersecurity Differences
    The Associated Press reports: "Chinese and American officials said Tuesday they're committed to bridging their differences on cybersecurity and moving to implement recent agreements, as they held talks amid complaints over China-based hacking operations that the U.S. says may have already cost U.S. companies tens of billions of dollars....U.S. officials have been particularly eager to build on an agreement forged during Chinese President Xi Jinping's visit to the White House in September that says neither government will support commercial cyber-theft....Chinese Minister of Public Security Guo Shengkun said China wants to 'bring the discussions from policies on paper to actual implementation.' 'Both sides will continue to cooperate on cyber cases,' Guo said. 'I believe the leadership on both sides places emphasis on the issue and values participation. Xi Jinping has personally been involved.'"
  • Reuters：China thanks countries for supporting it over South China Sea
    Reuters reports: "China expressed thanks on Tuesday for the dozens of countries it says have offered support for its position on a case brought by the Philippines over Chinese claims in the South China Sea, saying they are speaking out to uphold justice....The Chinese government says more than 40 countries have offered support for its position, the latest being the African nations of Sierra Leone and Kenya. Foreign Ministry spokesman Lu Kang said certain unidentified countries had been trying to blacken China's name over the South China Sea, confusing right for wrong and trying to control public opinion. 'Against this backdrop, certain friendly countries which care about China want to understand what's really going on,' Lu told a daily news briefing. 'Once they've worked out the rights and wrongs and gotten the whole story, a fair few countries are willing to speak out from a sense of justice.' 'We express appreciation and thanks for this. It shows that a just cause enjoys abundant support and people have a sense of natural justice,' Lu said."
  • The Wall Street Journal：IMF Presses China to Tackle Financial Risks
    The Wall Street Journal reports: "David Lipton, the IMF's first deputy managing director, said China's corporate debt is high and rising fast, and that tackling this and other problems without delay is essential given uneven progress in restructuring and weaker bank balance sheets that make it more difficult to absorb financial shocks....'China stands at a crucial juncture,' Mr. Lipton said at a Tuesday news conference in Beijing at the end of a roughly annual review of the nation's financial stability. China's medium-term outlook is increasingly uncertain, he said, 'due to rapidly rising credit, structural excess capacity, and the increasingly large, opaque, and interconnected financial sector.'...Chinese officials have said the country's debt is manageable."
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