Media Report
The Washington Post reports: "Chinese Vice Foreign Minister Zhang Yesui said that although China might endorse a limited U.N. Security Council resolution in response to North Korea's recent provocations, there's no Chinese appetite for further pressure. The Chinese rationale is simple: Beijing values stability on the Korean peninsula more than it fears the growing prospect that North Korea will succeed in its goal of becoming a full-fledged nuclear power capable of striking the West...Chinese officials at the conference warned that the proposed Clinton policy carries a risk of sparking a war on the Korean peninsula, and they expressed the suspicion that the unstated U.S. motivation was to spur regime change in Pyongyang."
- Bloomberg reports: "The world's largest foreign currency hoard tumbled the most since January as a stronger dollar helped spur capital outflow pressures and shaved the value of the stockpile...The yuan fell 1.53 percent last month, the most since a devaluation in August last year that shook investor confidence and ignited global market turmoil. Policy makers were suspected of propping up the exchange rate in the weeks leading up to a Group of 20 meeting in September and before the yuan's entry into the International Monetary Fund's reserves on Oct. 1 -- and then reducing support after exports plunged the most in seven months. The currency fell to a six-year low of 6.7856 a dollar on Oct. 28."
- BBC News reports: "The message from Beijing to its unruly territory 2,000km (1,350 miles) south is, by contrast, 'we disapprove of what you say and we hereby decree that you have no right to say it'. China has now spoken on the question of whether elected members of Hong Kong's legislature can use that public platform to campaign for ideas offensive to China and the answer is a resounding no. In a unanimous decision by a panel of the Communist Party-controlled national parliament, Hong Kong has been reminded that the freedoms it enjoys are ultimately at the whim of Beijing....Today's 'interpretation' of Hong Kong's mini-constitution is one of the most significant interventions in Hong Kong's legal system in two decades of Chinese rule. It is the first time China's parliament, without the request of either the Hong Kong government or Court of Final Appeal, has interpreted the mini-constitution at a time when the issue is under active consideration in a Hong Kong court.......The interpretation is a highly confrontational move which plunges Hong Kong into a new phase of its long running political and constitutional crisis."
Calendar
- 2016-11-06 China Says Two Elected Hong Kong Lawmakers Can't Retake Oaths
- 2016-11-04 China’s Wanda Group to Buy Dick Clark Productions for About $1 Billion
- 2016-11-03 China Slowdown Deepens Looming Pension Crisis
- 2016-11-02 Separatist Hong Kong Lawmakers Draw Blunt Response From China
- 2016-11-01 After U.S. Election, Expect Hardening on China
- 2016-10-31 Made in China: Once known for cheap knockoffs, Chinese companies are now world's innovators
- 2016-10-30 Russia Welcomes Growing Wave of 'Red Tourists' From China
- 2016-10-28 Philippines says Chinese ships have stopped chasing Filipino fishermen from contested shoal
- 2016-10-27 China's Xi anointed 'core' leader, on par with Mao, Deng
- 2016-10-26 Xi’s Agents of Fear Keep Party on Edge in Anti-Graft Fight
News
- Quartz China's bewildering new cybersecurity law is keeping foreign tech firms out of the country
- The Wall Street Journal Early Look: China's Economic Stabilization Likely Continued in October
- The Wall Street Journal China Ousts Finance Minister Lou Jiwei as Xi Jinping Turns to Allies in Surprise Reshuffle
- The Washington Post The coming clash with China over North Korea
- Bloomberg China's Foreign-Exchange Reserves Drop to Lowest Since 2011
- BBC News China blocks Hong Kong lawmakers in a reminder of who is in charge
- The Wall Street Journal China Doubles Down on Coal Despite Climate Pledge
- Reuters China moves to bar Hong Kong activists as fears grow over intervention
- South China Morning Post Small loans prove big step in encouraging China's switch to consumer culture
- Reuters China adopts cyber security law in face of overseas opposition
- Fortune Smog in China and India Have Given Birth to a New Industry: Bottled Air
- The Wall Street Journal GM Wants Cars to Talk More in China
Commentary
- Financial Times What does China's latest intervention mean for Hong Kong?
- South China Morning Post Why China's yuan is poised to be the next global super-currency
- The Huffington Post Chinese Americans Must Vote For More Than Materialism
- Bloomberg China's Gift for the Next President
- Forbes Is A Russia-China Economic Alliance On The Horizon
- The Wall Street Journal Reform Needed in How Chinese Judges Think