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Media Report
April 10 , 2017
  • The Financial Times：China offers concessions to avert trade war with US
    The Financial Times reports: "China will offer the Trump administration better market access for financial sector investments and US beef exports to help avert a trade war, according to Chinese and US officials involved in talks between the two governments. US President Donald Trump and Xi Jinping, his Chinese counterpart, decided at their first meeting in Florida last week that they needed rushed trade negotiations to produce results within 100 days. The two concessions on finance and beef are relatively easy for Beijing to make...The concession to allow majority foreign ownership was discussed during Barack Obama's administration, when Chinese and US negotiators held several rounds of talks about a bilateral investment treaty, or BIT...'China was prepared to [raise the investment ceilings] in the BIT but those negotiations were put on hold [after Trump's election victory],' said one Chinese official involved in the talks. 'Had Obama been in office for another six months we would have gotten there.' "
  • The Washington Post: Opinions：The most important economic challenge that China poses
    The Washington Post comments: "President Trump and Chinese President Xi Jinping have now completed their first summit. Observers on both sides seem to be relieved. If no diplomatic breakthroughs on major issues were achieved, it is also the case that there were no outward displays of truculence from either side. Neither high hopes nor great fears have been realized. This leaves the question of where economic relations between the United States and China are going and where the United States should want to take them...focusing on China's trade deficit with the United States is largely misguided. Yes, China subsidizes various exports to the rest of the world in a number of ways. But if the United States succeeds in stopping the subsidies or blocking the subsidized products, the result will be that companies will shift production to Vietnam and other low-wage countries...It is difficult to overestimate the extent to which China is seeking to project soft power around the world by economic means...This investment will, over time, secure Chinese access to raw materials, allow Chinese firms to gain economies of scale and help China to win friends....A truly strategic U.S.-China economic dialogue would revolve around the objectives of global cooperation and the respective roles of the two powers."
  • The New York Times：Wife of Detained Activist From Taiwan Is Barred From China
    The New York Times reports: "China's Ministry of Public Security has barred the wife of a detained Taiwan-born rights activist from flying to Beijing on Monday, adding to the drama surrounding the man's disappearance after he entered China more than three weeks ago. The wife, Lee Ching-yu, said at a news conference at Taoyuan International Airport, in northern Taiwan, that her mainland travel permit had been canceled by China, making her ineligible to board her Monday afternoon flight to seek answers about the whereabouts and status of her husband, Lee Ming-cheh. Ms. Lee said she had not received an explanation for the cancellation of her permit...The denial of any contact with relatives or a lawyer has left Ms. Lee fearing for her husband's well-being. One of the objectives of her trip to Beijing was to deliver medication he takes for high blood pressure. 'I'm extremely worried,' she said. 'I'm extremely concerned.' "
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