Language : English 简体 繁體
Go

Search

简体 繁體

Foreign Policy Economy Environment Security Society & Culture Pacific Dialogue Magazine Videos
Media Report
November 07 , 2017
  • Financial Times：Bitcoin proves hard to kill in China
    Financial Times reports: "Chinese investors are still trading bitcoin and buying initial coin offerings, suggesting authorities in Beijing are struggling to clamp down on cryptocurrencies just weeks after announcing that public exchanges would be shut down. Observers feared the closure of Chinese exchanges would lead to a sharp drop in demand for bitcoin, given China has been a key source of demand. Instead, more of the buying and selling of cryptocurrencies has gravitated towards the private over-the-counter market. Bitcoin, the best known cryptocurrency, has set a series of records in recent weeks. At the same time, the renminbi share of OTC bitcoin trading has risen from about 5 per cent at the beginning of September, before exchanges were shut, to about 20 per cent a month later, according to data cited in a report by the National Committee of Experts on Internet Financial Security, a government-backed research group. 'The situation with China's exchanges has pushed more of its trading over the counter, where there is a fairly robust and liquid market,' said John Riggins, head of Asia operations for BTC Media, a fintech information platform. Chinese investors are also using mobile messaging platforms to connect, negotiating bilateral trades without the help of an exchange."
  • ABC News：Tweeter-in-chief ready to confront China's 'great firewall'
    ABC News reports: "America's tweeter-in-chief is set to face off bit-to-bit against China's 'great firewall.' President Donald Trump's arrival in Beijing on Wednesday will serve as a test of reach for his preferred 140-character communications tool. The White House is declining to comment on the president's ability to tweet in China or the precautions being taken to protect his communications in the heavily monitored state. It's about more than cybersecurity. Knowing the president's penchant for showmanship, some aides are trying to build up social media suspense before Air Force One is wheels-down in Beijing. Spoiler alert: The American president will get his way. Multiple officials familiar with the procedures in place but unauthorized to discuss them publicly said the president will, in fact, be able to tweet in China. Twitter is blocked for domestic users in China, but foreigners have had success accessing the social media service while using data roaming services that connect to their home cellular networks. For an American president, it's not that straightforward. Securing the president's communications — and tweets — in China requires satellites, sophisticated electronics and the work of hundreds on multiple continents."
  • ChinaFile：On the Road with Trump in Asia: Day One, Tokyo
    ChinaFile comments: "Many are fearful that Xi Jinping's ability to awe his visitors with over-the-top manifestations of pomp and ceremony will turn Donald Trump to Jell-o. But having watched Trump arrive in Japan yesterday on the first leg of his five-country trip, it's clear he, too, understands a thing or two not just about the power of the U.S. military abroad (which is considerable, we have some 50,000 troops in Japan alone at myriad military bases), but the power of ceremony and how to use it to awe. As Air Force One's tires hit the runway in a puff of smoke, members of the press stood inside a huge hangar at Yokota Air Force Base just outside of Tokyo with several thousand American servicemen and women.. as an audience. A stage had been set up in the hangar in front of an American flag so enormous it made the celebrated banner in the film Patton look like child's play... This was theater of the highest order. For (Trump), it was like being at one of those presidential rallies he so passionately loves to hold.. During his speech, which he read from a teleprompter, he was dignified and to-the-point, proclaiming that, 'No one, no dictator, no regime, and no nation should underestimate ever American resolve.' The speech was a very clear affirmation of the need for the U.S. to be in Asia and of Japan as 'a treasured partner and a crucial ally of the U.S.' in our network of Asian Allies... What was so interesting about his affirmation of the U.S.-Japan alliance and America's commitment to the 'Indo-Pacific region'... was that he seemed not just to be talking about North Korea and its mercurial leader, Kim Jong-un, but also to be indirectly also alluding to China. The threat of nuclearization of the DPRK allowed him to indirectly put China on notice that the U.S. military presence in Japan and elsewhere in Asia was also a hedge against China's own rising and increasingly aggressive military posture in the South and East China Seas."
Calendar
News
Commentary
Back to Top
2024 China-United States Exchange Foundation. All rights reserved.