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Media Report
November 15 , 2017
  • The New York Times：China Will Send Envoy to North Korea, Likely to Urge Nuclear Talks
    The New York Times reports: "China announced on Wednesday that it would send a high-level diplomat to North Korea for the first time in two years, in a move less than a week after President Trump's visit that is likely to resume pressure on the North to curb its nuclear arms program. The head of the Communist Party's external affairs department, Song Tao, is scheduled to leave for Pyongyang on Friday... The official announcement said that Mr. Song would inform North Korea of the results of the 19th Communist Party congress last month that reappointed President Xi Jinping to a second term. Xinhua also reported that Mr. Song would 'visit' the north, a phrasing that Chinese specialists on international relations called an oblique way of saying that Mr. Song would carry a message from Mr. Xi. They said the message would most likely urge the North to join negotiations to halt its nuclear program, and convey the contents of Mr. Xi's discussions with Mr. Trump about North Korea... 'I believe Song Tao will take a very clear message on the Trump summit with Xi Jinping,' said Cheng Xiaohe, professor of international relations at Renmin University of China. 'He will focus on North Korea needing to talk about denuclearization.' North Korea's KCNA news agency on Wednesday confirmed Mr. Song's trip, a signal that... the government of North Korea... had agreed to Mr. Song's visit."
  • Politico：Trump's trade boasts in Asia mask looming China problem
    Politico comments: "President Donald Trump may be boasting that his Asia trip will multiply into more than a 'trillion dollars' worth of stuff,' but the real work on trade has been left undone. All his braggadocio on business deals struck on his trip belie the simmering trade tensions between the U.S. and China that many analysts believe will now come to the fore. 'For me, we're moving inexorably toward the edge of the cliff,' said Dan Ikenson, head of the Cato Institute's Center for Trade Policy Studies. Despite Trump's glee over $250 billion in corporate deals announced in Beijing, he personally had little hand in them and they collectively did nothing to address his main grievance over Chinese industrial policies that restrict American firms and contribute to the large trade deficit between the world's two biggest economies. Bloomberg did a detailed look at the deals announced during the stop in China and found many were non-binding commitments that could take years to materialize — if they do at all. Trump may have 'made it look like he was perfectly satisfied with that $250 billion haul, and the Chinese may think for a little while that they've bought some peace on the trade front. I don't necessarily think that's going to happen,' Ikenson said."
  • The New York Times：China Could Sell Trump the Brooklyn Bridge
    The New York Times comments: "There is a saying — 'When you don't know where you're going, any road will get you there' — and it perfectly sums up the contrast between China's President Xi Jinping and President Trump. Xi has been brilliant at playing Trump, plying him with flattery and short-term trade concessions and deflecting him from the real structural trade imbalances with China. All along, Xi keeps his eye on the long-term prize of making China great again. Trump, meanwhile, touts every minor victory as historic and proceeds down any road that will give him a quick sugar high. Trump literally has no idea what he's doing and has no integrated strategy — because, unlike Xi, Trump's given no thought to the big questions every effective leader starts his day with: 'What world am I living in? What are the biggest trends in this world? And how do I align my country so more of my citizens get the most out of these trends and cushion the worst?' ...the Chinese are focused on the giant winds of change, and Trump is betting on his gut and a grab bag of tax cuts based on no take on the world, other than dubious trickle-down economics... Personally, I am not persuaded China's top-down industrial policy will make China great in the end... But China, with its ability to focus, is getting 90 percent out of its inferior system, and it has brought China a long way fast. And we, with too little focus, are getting 50 percent out of our superior system. If that persists, it will impact the balance of power. Now you know why the Chinese were so happy to throw a bash for Trump in Beijing."
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