Media Report
- Politico comments: "As North Korea rapidly develops the ability to strike the mainland United States with a nuclear missile, the Trump administration has adopted a well-known strategy: demand China do more to pressure Pyongyang. But American presidents have pressed on Beijing to rein in North Korea for the past 25 years with little success. There's no reason to believe Trump's efforts will end any differently. Without China pulling the plug on North Korea, the crisis will not abate. The U.S., then, could soon face two horrible options: start a catastrophic war that would kill hundreds of thousands of South Koreans or live with a nuclear-armed North Korea capable of striking Washington... But if we really want to block the North's nuclear program without another Korean War, it requires us to think carefully about what could actually persuade China to cut off its support for the North Korean regime. And that leads us to a previously unthinkable idea: giving real consideration to removing all American troops from a unified peninsula in exchange for China proactively leading the transition to a unified Korea. Though it has been unthinkable for years—and still may be—such a deal would also create a kind of leverage that nothing else has."
- Quartz comments: "China's political Game of Thrones is arguably as complicated as the TV series. This fall, the party will hold its 19th national congress, at a time yet to be decided. Xi is expected to start his second five-year term as the party boss at the twice-a-decade event... Taking past rhetoric into account, all signs are pointing to one thing: Xi will probably defy the conventional 10-year term limit, in order to hold onto power until at least 2027... A Xi Jinping rival for power just fell from grace, right on cue. Sun Zhengcai, who served as the party secretary of the inland city of Chongqing, has been put under investigation for violating party regulations, according to several major Western news outlets including the Wall Street Journal and Reuters. The reports came shortly after an official announcement over this past weekend that Sun had been replaced as Chongqing's top official, without specifying his future post... A majority of the current PSC members are expected to step down at this autumn's congress due to an unwritten rule that members retire at 68. But speculations are mounting that 69-year-old Wang Qishan, the party's top graft-buster and a close ally of Xi, will seek a second term. Wang's fate has been closely watched to predict whether Xi himself will linger on beyond 2022... Xi has built a solid political foundation to break away from any convention. Having waged a war against corrupt officials and won official recognition as the party's 'core' leader, Xi is undoubtedly China's most dominant leader in over three decades. A further power grab wouldn't surprise many."
- CNBC reports: "China's 'One Belt, One Road' initiative is a brilliant strategic move, but it comes with serious risks. That's according to Clyde Prestowitz, president of the Economic Strategy Institute, a Washington-based think tank. 'On one hand it will be a way of handling China's excess capacity and continue to create jobs with investment in China. Secondly, it creates a kind of a zone of influence for China,' he said. Announced back in 2013, the China's 'new silk road,' as it's commonly known, aims to connect Asia, Europe, the Middle East and Africa with a vast logistics and transport network... But, there are risks that come with China extending such huge credit lines. In fact, Fitch Ratings has estimated around $900 billion in credit has been extended to the host countries where the risk of debt default is high like Ethiopia, Kenya and Sri Lanka. Drawing comparisons to China's investment in Venezuela, Prestowitz said, 'It's not going to be repaid. It's a total loss. I can foresee similar development in One Belt, One Road.'"
Calendar
- 2017-07-17 China upset about 'negative' Taiwain content in U.W. defense bill
- 2017-07-16 US-China Trade Talks Sputtering at 100-Day Deadline
- 2017-07-14 China Changes How It Calculates GDP for First Time Since 2002
- 2017-07-13 China June exports, imports higher than expected as global demand holds strong
- 2017-07-12 China sends troops to Djibouti, establishes first overseas military base
- 2017-07-11 China says 'China responsibility theory' on North Korea has to stop
- 2017-07-10 Three PLAN Officers May Have Just Revealed What China Wants in the South China Sea
- 2017-07-09 China prepares fresh round of state-orchestrated megamergers
- 2017-07-07 If Trump wants China to solve the North Korea problem, he has to cater to Beijing's interests
- 2017-07-06 China could export a recession to everyone else, says ex-IMF chief economist Kenneth Rogoff
News
- CNBC Here's why China's 'Belt and Road' initiative is risky - think tanker
- The New York Times China Censors Winnie-the-Pooh on Social Media
- CNN What's a 'gray rhino' and why did it cause Chinese stocks to drop
- Defense News China on its air drills near Japan: Don't make a fuss about nothing
- CNBC China to keep monitoring 'irrational' overseas investments
- Fortune China's Property Market Begins to Cool as Beijing Prices Drop for the First Time in Years
- CNBC Mini-crash in Chinese tech stocks hides bigger picture for mainland markets
- Quartz China is training Africa's next generation of transport and aviation experts
- CNBC China bank watchdog to tighten risk control amid regulatory shake-up
- Bloomberg Why China Is Threatening Wanda's Hollywood Dream: Quick Take Q&A
- CNBC Global funds scramble to be early birds in China's MSCI entry
- Reuters Case of missing China scholar rattles compatriots at U.S. colleges
- USA Today China has a donkey shortage -- and why that matters
Commentary
- Quartz All the signs that China's Xi Jinping is planning on a third term
- Politico How to persuade China to abandon North Korea
- The Hill With China expanding media controls, Congress must fully fund Radio Free Asia
- The Hill In big week for trade policy, US-China talks should take the cake
- The Wall Street Journal Forcing China's Hand on North Korea
- Foreign Policy The Long Arm of China's Law Is Coming Down Heavy on Hong Kong
- Stratfor China: President Shuffles the Deck Again