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Media Report
October 07 , 2016
  • CNBC reports: "Whether Democrat presidential candidate Hillary Clinton or her Republican rival, Donald Trump, wins the U.S. election next month, the next inhabitant of the White House's approach to China is likely to take a more 'hawkish view' towards the world's second largest economy, analysts believe. 'Relative to Barack Obama, both Donald Trump and Hillary Clinton have a more hawkish view on a wide range of China issues,' analysts Kevin Lai and Olivia Xia from Daiwa Capital Markets said in a note Thursday. 'Clinton is considered a China hawk, especially on a range of issues outside of trade,' the analysts noted. 'On U.S.-China trade, she is also more confrontational than Obama but comparatively more moderate than Trump.'...Daiwa's analysts said that either way, the U.S. government's attitude towards China was going to change."
  • The Washington Post: Monkey Cage comments: "Over the past decade, China has emerged as a leading financier of global infrastructure, particularly in Africa....The intended beneficiaries of Chinese-funded projects sometimes complain about quality-control issues as Beijing rushes to help countries install the 'hardware' of economic development (e.g., highways, railroads, dams, bridges, ports and electricity grids)....But many African leaders insist that China is a more reliable and efficient partner....In a new AidData working paper, we put these claims to the test....using a statistical approach that makes it possible to estimate the causal impact of Chinese development projects, we find that a 10 percent increase in Chinese development finance corresponds to an 0.6-1.1 percent increase in per capita nighttime light output — and a 0.2-0.3 percent rise in regional GDP. China is quite literally lighting up Africa....So that's some good news about Chinese-financed development projects. But there's also a red flag....We find that a disproportionate share of Chinese development projects show up in politically privileged areas — specifically the birth regions of African leaders (and their spouses)....When taken together, our findings suggest that China may be inadvertently cementing or widening spatial inequalities within African countries....It also raises questions about the long-run consequences of persistent or widening inequality, which a number of researchers point out may heighten the risks of social unrest, violent conflict  and political instability in Africa."
  • The New York Times reports: "The aggressive expansion of the Chinese company Dalian Wanda Group into the American film industry drew increased scrutiny from Congress this week as a prominent lawmaker asked the Justice Department to review a spate of recent purchases by the company, which has close financial ties to relatives of senior Chinese Communist leaders....The congressman, John Culberson, Republican of Texas and chairman of a subcommittee overseeing the Justice Department in the House Appropriations Committee, asked the department in a letter to review Wanda's acquisitions as part of an effort to overhaul and possibly broaden rules on foreign purchases of United States companies and to review decades-old laws governing foreign agents in the country....The concern of Mr. Culberson and others is that Wanda's purchases are part of a move by the Communist Party to expand its global influence to try to ensure that any portrayal of China in Hollywood movies is favorable."
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