Media Report
- Bloomberg reports: "Shanghai stole the headlines on the third day of the Communist Party's most important meeting after its party chief confirmed plans to set up a free-trade port that would aim to ease restrictions for incoming cargo... Shanghai's stock exchange lit up Friday after Han Zheng said late the previous evening that Shanghai was preparing for a free trade port in line with central government guidelines. Eleven of the top 20 gainers on the city's equity gauge were companies whose names begin with the word "Shanghai," and all 11 surged by the daily limit. After U.S. Secretary of State Rex Tillerson chided China on Wednesday, delegates woke up to praise from American's chief spy. "We think that President Xi will come out of this in a dominant position with incredible capacity to do good around the world," Central Intelligence Agency Director Mike Pompeo said Thursday. Pompeo also urged China to do more to rein in North Korea's nuclear ambitions. After People's Bank of China Governor Zhou Xiaochuan tantalized on Thursday with hints of his imminent retirement, Christopher Balding, an associate professor of business and economics at the HSBC Business School in Shenzhen, spelled out the challenges facing his successor. One major task will be reforming China's foreign-exchange policy without triggering a flood of outflows and reining in the country's financial risk."
- Fox News comments: "Is China's president, Xi Jinping, preparing to transfer his enormous powers to a younger generation of leaders? Or is he quietly ensuring that no one will ever be able to dislodge him as he goes about his plan to make China the most important nation on earth? Judging from his recent actions, the answer is: both. Xi is presiding this week over the 19th National Congress of the Chinese Communist Party, which is the unchallenged power in the world's most populous country... Since assuming office in 2013, Xi has created a cult of personality around himself like no Chinese leader since Mao Zedong. State television ran a week-long homage to him earlier this year. Newspaper headlines extol his virtues... 'He has accumulated more power than anyone in China since Deng Xioping,' says Sourabh Gupta, Senior Fellow at Institute of China–America Studies in Washington D.C. Deng led the communist party from 1978 until he technically stepped aside in 1989, though he remained the most powerful man in China nearly until his death in 1997... It is an unwritten rule that the party's secretary general give way to someone younger when he (there have been no women leaders) reaches the age of 68. Xi shows no signs of slowing down. He will, however, install some loyal lieutenants to ensure his vision is carried out. One name to watch is Hu Chunhua, 54, the party chief of Guangdong province. He's a loyalist and, if and when Xi decides to retire, could be China's next leader. For baseball fans, Xi's at bat. But Hu's on first."
- The New York Times reports: "The police and military swarm the streets at all hours, checking documents and questioning passers-by. Political critics have been jailed, placed under surveillance or sent to the countryside. Popular gathering spots like nightclubs have been shuttered and home-sharing services like Airbnb banned. As China's political elites converge on Beijing this week for a seminal Communist Party meeting, President Xi Jinping is sending a stern message to China and the world: I am in charge, and nothing can stand in my way. Mr. Xi, who is all but certain next week to be handed another five-year term as China's leader, is leaving nothing to chance. Beijing has been placed on lockdown. Security officials — wielding assault rifles, batons and shields — have held drills across the country. Online censorship has intensified, and tools to circumvent China's Great Firewall disrupted."
Calendar
- 2017-10-19 What We Learned on Day Two of China's Communist Party Congress
- 2017-10-18 China Is Quietly Reshaping the World
- 2017-10-17 China's Communist Party is holding its most important meeting in years: Here's what you need to know
- 2017-10-16 China stands at 'a new historic starting point,' Communist Party says
- 2017-10-15 China's Pollution Crackdown Is Gaining Momentum
- 2017-10-13 China’s trade with North Korea slumps as nuclear sanctions finally start to bite
- 2017-10-12 Big twice-in-a-decade meeting in China may have a curious market impact
- 2017-10-11 China treats its foreign aid like a state secret. New research aims to reveal it.
- 2017-10-10 Chinese yuan strengthens in a sign of 'overriding stability' ahead of the key 19th Communist Party Congress
- 2017-10-09 1.34 million officials have been punished for graft since 2013, Chinese watchdog says
News
- Bloomberg What We Learned on Day Three of China's Party Congress
- The New York Times China's Party Congress Brings Crackdown on Critics, Nightclubs and Airbnb
- The Diplomat China Urges the US to Abandon 'Biased Views' After Tillerson's Reprimand
- Reuters EU opens investigation into Chinese e-bike imports
- Reuters Doubts about smoking gun as Duterte lauds China role in rebel killing
- Bloomberg Tillerson Signals Impatience With China While Vowing to Stay On
- CNBC Apple removed several privacy apps in China — now two senators are demanding answers
- Reuters Amid South Korea freeze, China says cultural exchanges take the temperature
- CNBC China is doing something that could be a major headwind for stocks
- BBC News China's Xi Jinping consolidates power with new ideology
- CNBC Financial appointees in China 'far more important' than political ones for economy, says scholar
- TIME China's Conflicting Goals Fall Under the Spotlight at Party Congress
- CNN Dark horses, sure bets: Who could rule China in the next five years (and beyond)
Commentary
- Fox News China: Xi's at Bat. Hu's on first
- The Economist China's leader Xi Jinping declares the start of a "new era"
- Forbes These Four Countries Are Racing To Compete With China In Outer Space
- Foreign Policy The Resistible Rise of Xi Jinping
- The Economist A geopolitical row with China damages South Korean business further
- Forbes Xi Jinping: Communist China's First Populist President
- NPR 5 Years Ago, China's Xi Jinping Was Largely Unknown. Now He's Poised To Reshape China
- Forbes India And China Are Beating Japan