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Media Report
November 08 , 2016
  • The Associated Press：The Latest: US Upset Over China's Hong Kong Intervention
    The Associated Press reports: "The U.S. is expressing disappointment over China's intervention in a political dispute in the semiautonomous region of Hong Kong by barring two separatist lawmakers from office...State Department spokesman Mark Toner said an open society with the highest possible degree of autonomy and government by rule of law 'is essential for Hong Kong's continued stability and prosperity.'...[meanwhile]...In issuing the interpretation, the National People's Congress Standing Committee said talk of independence for Hong Kong is intended to "divide the country" and severely harms the country's unity, territorial sovereignty and national security. The interpretation says that those who advocate for independence for Hong Kong are not only disqualified from election and from assuming posts as lawmakers but should also be investigated for their legal obligations."
  • The New York Times：China's Internet Controls Will Get Stricter, to Dismay of Foreign Business
    The New York Times reports: "In August, business groups around the world petitioned China to rethink a proposed cybersecurity law that they said would hurt foreign companies and further separate the country from the internet. On Monday, China passed that law — a sign that when it comes to the internet, China will go its own way...Restrictions on the flow of data across borders 'provide no security benefits but will create barriers to Chinese as well as foreign companies operating in industries where data needs to be shared internationally,' James Zimmerman, chairman of the American Chamber of Commerce in China, wrote. He added that by creating such restrictions, China risked isolating itself technologically from the rest of the world...The law, however, is an important statement from Beijing on how the internet should be run: with tighter controls over companies and better tracking of individual citizens."
  • The Wall Street Journal：China's Exports Hurt by Weak Demand
    The Wall Street Journal reports: "Chinese exports fell in October for the seventh consecutive month as weak demand continued to weigh on the world's second-largest economy, although the decline wasn't as sharp as in September.Exports dropped 7.3% last month from a year earlier, the General Administration of Customs said Tuesday. The October export results, which followed September's 10% decline, were weaker than a median 5.7% reduction forecast by 14 economists polled by The Wall Street Journal...'This is probably the best we can expect," said Nordea Bank analyst Amy Yuan Zhuang. "Even though domestic demand has been supported by stimulus from the government, externally they have few tools. It's a stark picture that demand is still lagging.'...China opted this year not to set a trade target."
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