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Media Report
December 07 , 2016
  • The Washington Post：Trump picks Iowa Gov. Terry Branstad — a 'friend' of China's leader — as Beijing ambassador
    The Washington Post reports: "President-elect Donald Trump has selected Terry Branstad, the long-serving Republican governor of Iowa, to serve as ambassador to China, a transition official confirmed Wednesday. Branstad has extensive ties to China and a personal friendship with Chinese President Xi Jinping that dates back decades. If confirmed, the move could go some way to reassure China's leadership that Trump understands the importance of healthy relations with Beijing...China's foreign ministry did not confirm the report, but reacted warmly....'I would like to say that Mr. Branstad is an old friend of the Chinese people and we welcome him to play a greater role in promoting Sino-U. S. relations,' spokesman Lu Kang told a regular news conference. 'The U.S. ambassador to China is an important bridge between the U.S. government and the Chinese government. No matter who is in this position, we are willing to work with him to push forward the sound, steady and steady development of Sino-U. S. relations.' "
  • The New York Times: Sinosphere：How Trump's Call With Taiwan Could Affect U.S. Goals in Asia
    The New York Times comments: "President-elect Donald J. Trump has already made a significant foreign policy move by speaking on the phone with Tsai Ing-wen, the president of Taiwan. The call shattered decades of diplomatic protocol and raised questions about Mr. Trump's China strategy. Paul Haenle, the director of the Carnegie-Tsinghua Center for Global Policy in Beijing, is well positioned to gauge Mr. Trump's action and its consequences...In an edited interview, Mr. Haenle shares his thoughts on the United States-China relationship in the context of Mr. Trump...'n my own experience working in the White House during the Chen Shui-bian era, tension in the Taiwan Strait sucked up a lot of the oxygen in the U.S.-China relationship. When tension over Taiwan is at the forefront of U.S.-China relations, it can consume our agenda in a way that prevents us from achieving other important policy objectives...While we need to compete with China and deal firmly in areas where we disagree or feel that U.S. interests are being undermined, there are many issues in the world tied to U.S. interests that come back to whether or not the U.S. and China can work together.From that standpoint, it will be very important for President-elect Trump to meet early on with the Chinese leader, Xi Jinping, and to build a personal relationship with him.' "
  • The Financial Times：Foreign companies in China hit by new exchange controls
    The Financial Times reports: "Several European companies in China have been unable to remit dividends abroad following the introduction of new exchange controls, the first indication that Chinese attempts to curb capital outflows are causing problems for foreign businesses. The EU Chamber of Commerce in Beijing said the payment difficulties experienced by European companies were 'disruptive to business operations'. The measures, which included complex approval procedures for sending money out of the country, were introduced on November 28. They appear designed to shore up China's foreign exchange reserves following a period of unprecedented outflows of capital that have sent the renminbi down almost 6 per cent against the US dollar this year, putting it on track for its worst year on record...The new difficulties follow a conference call last week in which a state regulator, the State Administration on Foreign Exchange (Safe) based in Shanghai, instructed about 20 foreign and domestic banks on new 'window guidance' on foreign capital flows, to be implemented immediately."
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