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Media Report
November 30 , 2016
  • Reuters：China military says it's seriously concerned by Japan-South Korea pact
    Reuters reports: "China's Defence Ministry on Wednesday expressed serious concern about South Korea and Japan signing a military intelligence pact to share sensitive information on the threat posed by North Korea's missile and nuclear activities...The case for the neighbors to pool intelligence has increased...as North Korea has been testing different types of missiles at a faster rate, and claims it has the capability to mount a nuclear warhead on a missile...Chinese Defence Ministry spokesman Yang Yujun said the move would add a new unsafe and unstable element to northeast Asia and smacked of a Cold War mentality. 'We will make all necessary preparations, earnestly perform our duties and fulfill our mission, resolutely protect the country's security interests and resolutely protect regional peace and stability,' he added, without elaborating."
  • The Financial Times：Why China is cracking down on outbound deals
    The Financial Times reports: "China is preparing to impose new restrictions on outbound mergers and acquisitions, amid a wave of foreign dealmaking that has fuelled capital outflow and exerted downward pressure on the renminbi...the State Administration of Foreign Exchange (Safe) [is considering] applying existing rules more strictly...As China's economy slows, investors and business owners are diversifying into foreign assets. President Xi Jinping's anti-corruption campaign creates an additional incentive for some wealthy Chinese to transfer assets out of reach of Communist party investigators...Authorities still want China Inc to acquire intellectual property and consumer brands that will help the country move up the industrial value chain...Despite rapid growth in outbound foreign direct investment in recent years, such investment still accounts for only a small fraction of China's overall capital flows."
  • The Washington Post：Researchers may have 'found' many of China's 30 million missing girls
    The Washington Post reports: "Academics often talk about between 30 and 60 million 'missing girls' in China, apparently killed in the womb or just after birth, thanks to a combination of preference for sons and the country's decades under a repressive one-child policy. Now researchers in the United States and China think they might have found many — or even most — of them, and argue they might not have been killed after all. ..'Most people are using a demographic explanation to say that abortion or infanticide are the reasons they don't show up in the census and that they don't exist. But we find there is a political explanation.' [says John Kennedy of the University of Kansas and Shi Yaojiang of Shaanxi Normal University]. Local officials, they argue, were complicit in the concealment to retain support from villagers, and maintain social stability...'Actually it's just very local. The people who are implementing these policies work for the government in a sense. They are officials, but they are also villagers, and they have to live in the village where they are implementing policies.' "
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