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Media Report
August 24 , 2016
  • The Wall Street Journal：The Morning Risk Report: Uneven Enforcement Worries U.S. Firms in China
    The Wall Street Journal comments: "Despite China's attempts at economic reform, U.S. companies say they haven't seen significant changes in the country's business environment three years into the effort, according to a survey of the members of the U.S.-China Business Council. The number of companies that are optimistic or somewhat optimistic about the five-year outlook for China is at its lowest level in a decade, the survey found, with 67% citing the country's policy and regulatory environment as the top issue affecting their outlook. 'Most foreign companies are not seeing benefits from China's economic reforms,' the survey report said....In the survey of the companies comprising the 220-member council, 15% of respondents said their organizations reduced or stopped planned investment in China in the past year, with 31% of those companies citing increasing market-access restrictions as the reason."
  • The Washington Post：China seeks info on Chinese drug suspects in Philippines
    The Washington Post reports: "China has sought information from Filipino authorities to help capture suspected Chinese drug traffickers in the Philippines and wants to forge a stronger anti-drug pact to fight the menace, the Chinese ambassador said, adding it's 'utterly wrong' to say all the drug lords are Chinese....Philippine National Police documents on suspected drug traffickers seen by The Associated Press include a list of 14 Chinese nationals, including a woman, with their pictures. Another document identifies two Taiwanese running a 'drug laboratory' in a northern Philippine province. Their names were not among those read by Duterte in public earlier this month as part of his shame campaign....Duterte's anti-drug crackdown has been the deadliest and most massive in recent Philippine history, with nearly 2,000 suspects dead so far and more than 673,000 others surrendering for fears they may be killed, according to police."
  • The New York Times：China Sets Sights on New Global Export: Nuclear Energy
    The New York Times reports: "On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology....Still, experts say Beijing underestimates how tough it will be for its novice nuclear exporters to sell abroad. They face political hurdles, safety concerns and uncertain global demand following Japan's Fukushima disaster....The industry is growing fast, with 32 reactors in operation, 22 being built and more planned, according to the World Nuclear Association, an industry group. China accounted for eight of 10 reactors that started operation last year and six of eight construction starts....Still, Beijing is 'seriously underestimating' how hard global sales will be, said Schneider. He said obstacles include strict quality controls, regulations that differ from country to country and competition from the falling cost of wind and solar. 'There is simply no market out there,' said Schneider."
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