Media Report
- The Associated Press reports: "A senior Chinese diplomat made clear Monday that Beijing wants next month's meeting of leaders of the Group of 20 major economies to avoid political issues such as its territorial disputes with its neighbors in the South China Sea...'The Hangzhou summit must focus on economic issues,' Li said. 'This is what people want to talk about most at the summit.' Philippine President Rodrigo Duterte said Friday he is adopting a softer approach in resolving the long-simmering disputes with China in the South China Sea. 'We're not in a hurry to wage war, we're in a hurry to talk.'...The commander of the U.S. Pacific Fleet said Tuesday the response from Beijing and others to the arbitration panel's ruling had brought no surprises, but much more military transparency is needed to reduce tensions in the region."
The Wall Street Journal reports: "A rocket scheduled to take flight from the Gobi Desert within days is expected to propel China to the forefront of one of science's most challenging fields. It also is set to launch Beijing far ahead of its global rivals in the drive to acquire a highly coveted asset in the age of cyberespionage: hack-proof communications. Chinese state media on Monday said preparations were nearly complete to send the world's first quantum communications satellite into orbit from a launch center in Inner Mongolia. Five years in the making, the project is being closely watched in global scientific and security circles. The quantum program is the latest part of China's multibillion-dollar strategy over the past two decades to draw even with or surpass the West in hard-sciences research."
- The Financial Times comments: "It is just over a year since the renminbi's surprise 1.9 per cent depreciation and an additional 4.3 per cent drop in value against the dollar later. Today the delicate balancing act between allowing the currency to slowly drop, yet avoiding giving rise to massive capital outflows, continues. July saw an acceleration in net capital outflows yet again, though not nearly as dire as in January or a year ago. Meanwhile, beyond the intervention of the authorities to temper the flows, the fundamentals that partly determine the value of the Chinese currency are shifting. Most notably, China is on the verge of changing from an economy where prices keep dropping to one in which deflation is expected to dwindle to almost nothing. That is a dramatic departure from the past 50 months, when deflation dragged down not only prices in China but in most of the world, thanks to exports of ever cheaper manufactured goods, as well as falling commodity prices. The end of deflation 'is the most positive development for China,' says Haibin Zhu, chief China economist at JPMorgan."
Calendar
- 2016-08-14 China to use tougher environmental standards to tackle capacity glut
- 2016-08-12 How the China Shock, Deep and Swift, Spurred the Rise of Trump
- 2016-08-11 Here’s how the South China Sea ruling affects U.S. interests
- 2016-08-10 Exclusive: Vietnam moves new rocket launchers into disputed South China Sea - sources
- 2016-08-09 China’s Limited Retaliation Options Against the THAAD Deployment in South Korea
- 2016-08-08 The Rio Olympics are really hurting China’s feelings
- 2016-08-05 Meet the China ‘whisperers’ who get the big deals done in Silicon Valley
- 2016-08-03 China, Not Silicon Valley, Is Cutting Edge in Mobile Tech
- 2016-08-02 Japan Slams China Over Sea Strategy
- 2016-08-01 Uber Sells China Operations to Didi Chuxing
News
- Reuters China shares hit seven-month high; world yields keep falling
- Bloomberg News China Says Other Topics Must Not Divert G-20's Economy Focus
- The Wall Street Journal China's Latest Leap Forward Isn't Just Great—It's Quantum
- Associated Press China says no South China Sea at G-20, US urges transparency
- Financial Times China cracks down on 'toadies' celebrating former president Jiang
- The Wall Street Journal How New U.S. Money-Market Rules Could Push Down China's Yuan
- The New York Times Hong Kong Protest Leaders Sentenced to Community Service
- The Washington Post Chinese diver He Zi gets engaged after winning silver medal
- The New York Times China Working on Growth Initiative for Economy Summit
- The Guardian Chinese universities break into top 100 global index for first time
- The Wall Street Journal U.S. Stocks Higher as Commodities Sector Strengthens
- Reuters Tesla removes 'autopilot' from China website after Beijing crash
- Bloomberg News China Stocks Jump to Seven-Month High on Shenzhen Link Optimism
Commentary
- Financial Times The end of deflation in China will be felt around the world
- Tech Crunch China is disrupting global fintech
- The New York Times Chinese Court Upholds Ruling Against Historian Who Questioned Tale of Wartime Heroes
- The Diplomat Is China-Philippines Bilateralism on the South China Sea Going Anywhere?
- The National Interest Report: China Could Make a Big Move in the South China Sea Starting Next Month
- Bloomberg View There's No Such Thing as an Economic Miracle
- Foreign Affairs A Line In the Sea