Media Report
- The New York Times reports: "President Trump on Wednesday blocked a China-backed investor from buying an American semiconductor maker over national security concerns, a rare move that could signal more aggressive scrutiny of China's deal-making ambitions. The deal for Lattice Semiconductor has provided a test of the president's economic and diplomatic relationship with China. On the campaign trail, Mr. Trump reserved some of his harshest words for China, accusing the country of stealing jobs. In recent months, the president has turned more critical of Beijing, accusing it of failing to do more to restrain the nuclear ambitions of North Korea. Derek M. Scissors, a resident scholar at the American Enterprise Institute who studies Chinese investment, said that the administration's decision over Lattice was intended to send a political message. 'We could let it die quietly,' he said, 'but we're going to kill it loudly.' The White House said on Wednesday that it prevented the acquisition of Lattice Semiconductor, in part because the United States government relies on the company's products. The integrity of the semiconductor industry, it said, was vital."
- CNBC reports: "China's supply-side reforms appear to be working as the world's second-largest economy is showing positive signs, said Jing Ulrich, managing director and vice chairman of Asia Pacific at JPMorgan Chase. 'In the past many years, the macro economy was always growing strongly but the companies couldn't make any money. But this year, in the first half of 2017, we're seeing the macro and the micro (economies) actually performing in sync,' Ulrich told CNBC on the sidelines of the Milken Institute's Asia Summit in Singapore. Official reports on China's economy have shown robust growth ahead of leadership changes later this year... 'China's supply-side reform actually is kicking in,' she said. 'In the past several years, they have been containing capacity growth, they closed a lot of factories in the steel and aluminum sectors. So now, that reform actually has come to fruition.' JPMorgan still expects, however, that China's macroeconomic performance will soften in the second half of the year after the strong credit growth and government-driven infrastructure investment in the first six months."
- The New York Times comments: "For the first time in a generation, there is widespread anxiety about the possibility of nuclear war, stimulated by the extreme tensions between North Korea and the United States. Secretary of State Rex Tillerson has advised Americans that they can sleep safely at night, a reassurance that most people probably wish they did not need to hear. Mr. Tillerson offered his soothing counsel to deflate media hype about recent threats and counterthreats exchanged between Pyongyang and Washington. His words also reflect profound unease about the temperament and judgment of the two leaders who could trigger inadvertent war: President Trump and Kim Jong-un. Mr. Trump and Mr. Kim appear to believe that bombast serves their domestic needs. Both seem to think that they can dominate and intimidate through the direst of threats. However, words can easily have consequences that neither leader seems to grasp. Should we be living in a world where two leaders can stumble into a nuclear holocaust? North Korea's accelerated pursuit of nuclear weapons clearly requires a much-enhanced containment and deterrence policy by the United States and its allies to prevent Mr. Kim from undertaking ever-riskier options. But what can be done to constrain the actions of an American president whose stability is now openly questioned, even by the Republican chairman of the Senate Foreign Relations Committee, Bob Corker of Tennessee? To limit the possibilities of an almost unimaginable conflict, there is a need to pursue a long overdue legislative remedy.
Calendar
- 2017-09-13 Trump says UN North Korea sanctions are 'not a big deal'
- 2017-09-12 After U.S. Compromise, Security Council Strengthens North Korea Sanctions
- 2017-09-11 Indonesia, Long on Sidelines, Starts to Confront China's Territorial Claims
- 2017-09-08 'Lips and teeth' no more as China's ties with North Korea fray
- 2017-09-07 China agrees U.N. action, and talk, needed to end North Korea crisis
- 2017-09-06 China's yuan has fully recovered from 2016 and analysts say there's still room to run
- 2017-09-05 'Poke in the eye': Will nuclear test force Chinese rethink on North Korea?
- 2017-09-04 China urges North Korea to 'stop taking actions that are wrong'
- 2017-09-03 China's Xi says BRICS must promote open world economy
- 2017-09-01 As China’s big leadership revamp nears, Xi Jinping is carrying out a military reshuffle
News
- The New York Times Trump Blocks China-Backed Bid to Buy U.S. Chip Maker
- CNBC JPMorgan: China's reforms are actually kicking in
- Reuters Myanmar says China endorses crackdown on Rohingya, branded 'ethnic cleansing' by U.N.
- Financial Times China plans first dollar-denominated bond sale in a decade
- Reuters Weak China data knocks global stocks off record highs
- Bloomberg New China Energy Star Still Hungry After $9 Billion Rosneft Deal
- The Guardian 'Farewell': Qiao Mu, dissenting academic, leaves China for US
- CNBC China August factory output up 6.0%, investment up 7.8%, both miss forecasts
- Fox News North Korea crisis: Mnuchin suggests China trade cut-off on the table
- Quartz China is stumbling hard at acquiring the high-tech chip companies it wants so badly
- Reuters With high-performance cells, China takes aim at high-end solar market
- Financial Times Volkswagen recalls vehicles in China over faulty airbags
- Quartz Israel found an unlikely buyer for its lab-grown meat: China
Commentary
- The New York Times Time to Restrict the President's Power to Wage Nuclear War
- The Diplomat China Shuts Down Multiple TV Programs Before 19th Party Congress
- Forbes Apart From China, Where Else Can EA Expand?
- Brookings Decision time: North Korea's nuclear and missile threat and U.S. policy
- China Law Blog The China Employment Guide, Now in Paperback: Run, Don't Walk
- The National Interest Russia and China Might Have Just Made America's Most Powerful Weapon Obsolete
- Forbes As Japan Propels India Into The Age Of High-Speed Rail, China Is Left Behind