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Media Report
November 20 , 2017
  • Voice Of America：Visit of China Envoy to North Korea Watched Closely
    Voice of America reports: "Envoys from the United States and China recently traveled to the Korean peninsula, just days after President Donald Trump wrapped up his first trip to the region. The visits, particularly the journey of a Chinese envoy to North Korea, which Trump has called a "big move," has raised expectations that efforts toward a diplomatic solution may be gaining some traction. Song Tao, a special envoy of Chinese President Xi Jinping, met in Pyongyang with senior North Korean officials Saturday. According to North Korea's state media, the two exchanged views about issues of mutual concern on the situation of the Korean peninsula and region, as well as bilateral relations... At a regular press briefing, Monday, China's Foreign Ministry confirmed that Song Tao is still in North Korea, but provided few new details. State media reports have portrayed the trip as a routine visit to discuss Beijing's recently concluded 19th Party Congress. But Song's journey is the first by a high-ranking Chinese envoy in two years. Some reports suggested that Song might meet with North Korean leader Kim Jong Un. Such a meeting would be a big step, given that relations between the North and China are currently at a historic low, given Pyongyang's repeated violations of United Nations sanctions and Beijing's support of some of the toughest sanctions to date."
  • The Wall Street Journal：U.S. Rebuffs China's Charm Offensive, Edging Closer to Trade War
    The Wall Street Journal reports: "A month before President Donald Trump's visit to Beijing, Chinese officials presented an offer they thought Washington couldn't refuse. China proposed that during the trip, Mr. Trump and his counterpart, Xi Jinping, unveil a plan to widen foreign firms' access to China's vast financial industry, according to people with knowledge of the matter. It was a move previous U.S. administrations had sought for years.To Beijing's consternation, according to the people, Washington wasn't interested. The offer was made a second time during one of Mr. Trump's meetings at the Great Hall of the People. Hours after Air Force One took off from Beijing, China announced the opening on its own. The cold shoulder from the White House reflects a fundamental shift in how the U.S. manages its relationship with China, one that suggests a bold gamble and a rocky road ahead despite the bonhomie of the presidential summit earlier this month in Beijing. The financial opening initially attracted wide attention from market participants, and Beijing called it evidence of its commitment to market liberalization. U.S. reaction has been tepid. A White House spokeswoman on Friday called it 'welcome but long overdue' and said: 'It is also only one of a plethora of problems China needs to address in order to provide fair and reciprocal access to its market.' The Trump administration, which recently completed a comprehensive review of China policy, is rejecting the longstanding practice of eking out concessions from Beijing on trade and market access around high-level meetings."
  • The New York Times：China's Revealing Spin on the 'Sharing Economy'

    The New York Times comments: "For decades after its Communist revolution in 1949, China was known as 'the kingdom of bicycles'... China's cities are suddenly teeming with bicycles, and the humble one-speed, that remnant of China's collective memory, again serves as more than just a means of conveyance. It is now a digital device too, helping shape one of China's most dynamic growth engines — the so-called sharing economy. Three years ago, bike-sharing didn't exist in China. Today more than 40 companies offer the service... Who can blame China for hanging on to the term 'sharing economy'? It fits with the image that Beijing wants to project: warm, generous, egalitarian... A strategic planner at the advertising firm Havas Worldwide waxed so rhapsodic in a commentary about "the close-knit comradeship" of Chinese consumers that it seemed the idea of sharing was itself a Chinese invention... (But) The self-congratulation masks a growing awareness that, for all its economic success, China has become a hard-edged society where the spirit of sharing and social trust is in short supply."

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