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Media Report
May 19 , 2017
  • Foreign Affairs：The Art of the Steel Deal
    Foreign Affairs comments: "In early April, U.S. President Donald Trump and his Chinese counterpart, Xi Jinping, met for the first time to discuss relations between the world's two most powerful countries...Last week, on May 12, the two sides announced the results from some initial negotiations...Negotiations will continue throughout the 100-day period, which ends on July 16. But to make further progress on major issues in the bilateral relationship, Washington and Beijing will need to identify 'sweet spots' that fit both of their agendas. One such sweet spot is steel. China's steel production currently accounts for over 50 percent of the global total. Yet its steel industry is plagued by overcapacity and is responsible for high levels of pollution—an increasing concern for China. At the same time, the Trump administration is attempting to revive U.S. steel manufacturing, which today accounts for less than five percent of world output. The time is therefore right for a U.S.-Chinese trade deal that would help rebalance global steel manufacturing. Such a deal would involve China cutting its own domestic steel production while at the same time encouraging Chinese investors and firms to invest in steel production in the United States...A U.S.-Chinese agreement on steel will not be easy to reach, but if done successfully, it would be a step toward rebalancing energy-intensive production globally. And by reducing the environmental costs of steel production, the deal would benefit the world."
  • Reuters：China-Hong Kong bridge to unity, or tentacle of Beijing control?
    Reuters reports: "As a 19-mile bridge between Hong Kong and China across the Pearl River estuary nears completion, Chinese officials are hoping it will bring more than economic integration at a time of growing tension between the two sides. The bridge that snakes out over the blue estuary with soaring pylons, viaducts and towers using more steel than 60 Eiffel Towers, was first proposed in the late 1980s. But it was opposed at the time by Hong Kong's British colonial government, which was wary of development that might draw the city closer to Communist China...Wei Dongqing, a Chinese Party official and the executive director of the Hong Kong Zhuhai Macau bridge Authority, one of the leaders of the project, sees the bridge, linking the former European colonies of Hong Kong and Macau with Zhuhai city, as promoting unity, both physically and mentally. 'It's psychological. It joins three places,' Wei told Reuters on a media-trip bus speeding along the half-finished, six-lane bridge, with the facades of Macau's casinos glimmering in the distance. 'We have confidence for the future ... a united market, a united people ... that's the dream.' "
  • The New York Times：Chinese Jets Flew Dangerously Close During Intercept, U.S. Says
    The New York Times reports: "Two Chinese fighter jets flew too fast and too close to an American military aircraft patrolling the East China Sea, prompting a formal protest to the Chinese government, the United States Air Force said on Friday. The incident on Wednesday involved an American WC-135 Constant Phoenix aircraft and two Chinese SU-30 jets that both flew in an 'unprofessional' and dangerously close way, according to a spokeswoman for the Pacific Air Forces, Lt. Col. Lori Hodge. The United States has complained to China through diplomatic and military channels, she said in a statement. The 'speeds and proximity' of the two Chinese planes, coupled with the 'maneuvers' of one of the pilots, raised the concerns, she said. The WC-135, a modified Boeing C-135, is designed to detect radioactive debris after the detonation of a nuclear device and is informally known as a 'sniffer.' The Chinese Ministry of National Defense did not reply to request for comment...The Chinese may be taking advantage of what they sense to be Mr. Trump's weakening political position, Mr. Shi [a professor of international relations at Renmin University of China in Beijing] said. 'Trump, because of his domestic political weakness, does not want to have trouble with China,' he said. 'This may be to show that Trump dare not harm the China relationship.'"
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