Media Report
- The Guardian reports: "The Philippines' acid-tongued president, Rodrigo Duterte, will lead a major business delegation to China this week as Beijing attempts to lure into its orbit one of America's key regional allies in a potential blow to Barack Obama's 'pivot' to Asia....A spokesperson for China's foreign ministry said Beijing hoped the visit would 'help increase political mutual trust, strengthen pragmatic cooperation [and] extend traditional friendship'. In a recent speech, Beijing's ambassador to the Philippines heralded a new dawn for ties between the two countries. 'The clouds are fading away. The sun is rising over the horizon, and will shine beautifully on the new chapter of bilateral relations,' Zhao Jianhua told a reception in Manila. Duterte's mission to China follows a succession of anti-American outbursts from the 71-year-old, including calling Obama a 'son of a whore' and telling the US president to 'go to hell'. Those withering statements have led some to conclude Duterte is plotting a historic diplomatic rupture with the Philippines' long-standing ally, from which it gained independence in 1946. At some point, 'I will break up with America', Duterte said in a recent speech at a synagogue in Manila. 'I would rather go to Russia and to China.'"
The New York Times reports: "China is in the midst of a dizzying housing bubble. Shanghai's average housing price is up nearly one-third from a year ago, with prices in major cities like Beijing and Guangzhou not far behind. Chinese consumers are rushing to buy homes before the government steps in with restrictions.When rumors swept through Shanghai that the government would require homeowners to pay more in taxes and down payments to buy additional properties, many couples filed for divorce so that one partner could still be treated as an independent buyer. China has experienced housing booms and busts before. And fervor for real estate among the wealthiest Chinese has already spread far beyond the country's borders, from Long Island mansions to disused ranches in Texas— many to get their money out of the country. But economists warn that the current boom on the Chinese mainland could be extra difficult to resolve: It comes with a growing amount of American-style debt."
- Reuters reports: "China launched its longest manned space mission on Monday, sending two astronauts into orbit to spend a month aboard a space laboratory that is part of a broader plan to have a permanent manned space station in service around 2022....Early on Monday, Fan Changlong, a vice chairman of China's powerful Central Military Commission, met astronauts Jing Haipeng and Chen Dong and wished them well, state news agency Xinhua reported. 'You are going to travel in space to pursue the space dream of the Chinese nation,' Fan said....Advancing China's space program is a priority for Beijing, with President Xi Jinping calling for the country to establish itself as a space power....The U.S. Defense Department has highlighted China's increasing space capabilities, saying it was pursuing activities aimed at preventing other nations using space-based assets in a crisis."
Calendar
- 2016-10-16 Philippine Leader Rodrigo Duterte Rolls Dice With Embrace of China
- 2016-10-14 Study: China's 2-Child Policy Won't Lead to Population Boom
- 2016-10-13 US Reserves Right to Punish China Firms Working With NKorea
- 2016-10-12 Russia Says It’s Joining China to Counter U.S. Missile Defense
- 2016-10-11 For China’s Leaders, U.S. Election Scandals Make the Case for One-Party Rule
- 2016-10-10 Tourists Behaving Badly: Name-and-Shame Effort Fails to Fix China’s Image
- 2016-10-07 How a Trump or Clinton presidency could hurt China's economy
- 2016-10-06 Chinese People Feel Good About Their Increasingly Assertive Country, Report Finds
- 2016-10-05 Many in China see the U.S. as a greater threat than Islamic State, new report says
- 2016-10-04 For China, ‘Clouds Are Fading Away’ in the Philippines
News
- The Guardian China courts Philippines leader Duterte amid signs of US rift
- Reuters China launches longest manned space mission
- The New York Times In China, Property Frenzy, Fake Divorces and a Bloating Bubble
- Bloomberg Markets Casinos Fall as Crown Detentions Spur China Crackdown Fears
- BBC News Australian casino shares tumble after China arrests
- The Washington Post Philippine president's China trip puts US ties to the test
- The New York Times Doctors Hail China's Pledge to Stop Harvesting Inmate Organs
- The Wall Street Journal Global Economy Week Ahead: China GDP, U.S. Industrial Production, ECB Meeting
- Bloomberg Markets China Foreign Currency Shares Plunge in Sudden Afternoon Selloff
- Reuters Ahead of China visit, Philippine leader says no sense in war
- The Washington Post China launches crewed mission to dock with space station
- The Wall Street Journal Asian Shares Mixed; Hong Kong Casino Stocks Tank on China Arrests
- BBC News Inside China's space base as mission blasts off
Commentary
- The New York Times: Sinosphere On the Role of Chinese Religion in Environmental Protection
- The Wall Street Journal: China Real Time Yawn: China's Space Program Is Making Advances Look Routine
- Bloomberg Gadfly Escaping China's Parent Trap
- The Financial Times: beyondbrics China's service sector frailties may thwart key reforms
- The National Interest Beware, China: Is Rodrigo Duterte Getting Ready to Buy Russian Military Gear?
- The Diplomat China Arrests Foreign Casino Employees in Latest Crackdown
- The National Interest Sorry, China: Why the Japanese Navy is the Best in Asia