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Media Report
June 24 , 2016
  • TIME：The Brexit Result Will Have China Worried
    TIME reports: "On the eve of Xi Jinping's state visit to Britain last fall, during which some $60 billion in trade deals were signed, the Chinese President enthused about ties between his homeland and the onetime imperial power that vanquished China during the Opium Wars....Now, as Britain prepares to exit the European Union after Friday's historic referendum, that golden relationship looks decidedly tarnished....Brexit means that Beijing will lose its strategic access to Europe through Britain. The global market turmoil that followed Friday's vote sent the Chinese yuan, already propped up by strenuous official intervention, to its lowest point against the dollar in more than five years. Chinese Foreign Ministry spokesperson Hua Chunying tried for a balanced approach on Friday afternoon, according to Chinese state media, noting that China respected the British people's choice while also hoping that the U.K. and E.U. could reach a successful agreement. Yet during his British tour, Xi was clear about China's position, saying he supported a 'prosperous Europe and a united E.U.' Brexit undermines China's economic relationship with the E.U. at the precise moment that the Chinese economy is slowing and in search of global partners."
  • The Washington Post：Tornado disaster in China: Death toll rises to 98
    The Washington Post reports: "Violent thunderstorms in eastern China spawned a tornado that has killed at least 98 people, according to reports. The storm struck outside the city of Yancheng, which has a population of 7.1 million and sits about 500 miles south of Beijing. The tornado along with an accompanying hailstorm injured 800....The event was declared a national-level emergency and the Xinhua news agency said it was the worst tornado to hit China in half a century."
  • The New York Times：Taiwan Leader Makes 1st Foreign Trip as China Keeps Watch
    The Associated Press reports: "Taiwanese President Tsai Ing-wen departed Friday on her first overseas trip since taking office last month, amid speculation that China may seek to tighten its diplomatic stranglehold on the self-governing island it claims as its own territory....Speaking ahead of her departure, Tsai said the main goal of her visit was to 'raise Taiwan's international visibility' and strengthen economic and trade relations with the country's diplomatic partners in Latin America. She also stressed that Taiwan's foreign relations should encompass countries that don't recognize the island as well as non-governmental actors. 'Making friends should not be limited to official diplomatic relations,' she said."
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