Media Report
- WSJ comments: "The opening up of China's financial markets is gathering pace -- a bond trading link between the mainland and Hong Kong launched Monday, which should make it easier for foreign investors to access the country's $8.5 trillion bond market. China's bond market is already the world's third largest, but there is much scope for it to grow... While the market now largely consists of government bonds, Beijing is keen for Chinese companies to become less reliant on bank funding and tap bond buyers more. For the yield-hungry global investor, there are already decent returns on offer, thanks in part to the yuan's recent strength and higher rates. A one-year yuan-denominated Chinese government bond currently has a total return close to 5%, for example, in dollar terms. A five-year Chnese government bond...yields around 1.5 percentage points more than the equivalent U.S. Treasure. Both of these bond types have almost nonexistent default risk and are actively traded."
- Reuters reports: "Chinese President Xi Jinping set off on a visit to Russia on Monday stressing the grave threat a U.S. anti-missile system in South Korea poses to both Chinese and Russian interests. China has repeatedly stated its opposition to the U.S. Terminal High Altitude Area Defense (THAAD) anti-missile system and has called for its deployment to stopped, and the missiles already installed to be removed. China says the system's powerful radar can probe deep into its territory, undermining its security and a regional balance while doing nothing to stop North Korea in its relentless pursuit of nuclear weapons and the missiles to deliver them. 'The U.S. deployment of an advanced anti-missile system in South Korea gravely harms the strategic security interests of China, Russia and other countries in the region,' China's state Xinhua news agency cited Xi as saying. The United States and South Korea say the THAAD is solely aimed at defending the South from North Korea. China and Russia have maintained close communication and coordination on the issue and held very similar views on it, Xi said in an interview with Russian media. 'Beijing and Moscow are steadfastly opposed to the THAAD deployment and seriously suggest that relevant countries stop and cancel the installation,' Xinhua cited Xi as saying.
BBC reports: Beijing has called the presence of a US warship near a disputed island in the South China Sea 'a serious political and military provocation'. The USS Stethem sailed close to Triton Island, part of the Paracel Islands archipelago, claimed by China and others. China responded by sending military vessels and fighter jets to the area. It happened hours before US President Donald Trump and Chinese counterpart Xi Jinping spoke on the phone. During the call, Mr Xi told Mr Trump that "negative factors" were affecting US-China relations, according to a read-out of the call carried on Chinese state TV. A White House statement about their call did not say if they had discussed the incident. It said the leaders had instead 'reaffirmed their commitment to a denuclearised Korean peninsula'."
Calendar
- 2017-07-02 South China Sea: US warship sails close to disputed island
- 2017-06-30 U.S. Imposes New Sanctions Over North Korea Ties
- 2017-06-30 U.S. Imposes New Sanctions Over North Korea Ties
- 2017-06-29 China Tells U.S. Senate to Keep Its Nose Out of Taiwan
- 2017-06-28 Soybean Diplomacy: New U.S. Ambassador to China Touts Agricultural Trade
- 2017-06-27 China And The U.S. Are Cooling Their Cooperation To Curb North Korea
- 2017-06-27 China And The U.S. Are Cooling Their Cooperation To Curb North Korea
- 2017-06-26 New U.S. ambassador to China says North Korea a top priority
- 2017-06-25 There's No End in Sight for China's Rise Up the GDP Rankings
- 2017-06-23 Xi Jinping Is Set for a Big Gamble With China’s Carbon Trading Market
News
- The Washington Post Recent developments surrounding the South China Sea
- The New York Times Trump Presses Xi for Help in Addressing 'Growing Threat' of North Korea
- CNN Xi to Trump: 'Negative Factors' straining US, China Relations
- The Washington Post Recent developments surrounding the South China Sea
- Reuters U.S. Warship sails near disputed island in South China Sea
- The Guardian 'Serious military provocation': China angered by US presence in South China Sea
- The Washington Post China vows to step up air and sea patrols after U.S. warship sails near disputed island
- Financial Times China broadens investor access with bond connect
- The New York Times As Beijing Joins Climate Fight, Chinese Companies Build Coal Plants
- CNBC Chinese stocks got their global stamp of approval, and now bonds may be next
- Bloomberg Wall Street's False China Dawn
- BBC South China Sea: China Calls USS Stethem warship 'a provocation'
- The Wall Street Journal The Bond Market Is Attractive -- For the Wary
- https://www.reuters.com/article/us-china-thaad-russia-idUSKBN19O0N8 China, Russia share opposition to THAAD in South Korea: Xi
Commentary
- The New York Times China's Ignoble Treatment of Nobel Laureate
- The Wall Street Journal Johnson Controls CEO Sees Benefits in China Expansion
- Foreign Policy Pakistan Can't Afford China's 'Friendship'
- Huffington Post A Tale of Two Globalizations
- Foreign Affairs Dirty Deeds: Will Corruption Doom China
- The Wall Street Journal Trump's Signals to China
- Bloomberg Views Chinese Companies Can Stand Sunlight