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Media Report
December 21 , 2017
  • CNN：Trump and China: 2018 could get nasty
    CNN reports: "The United States vs. China was the 2017 trade battle that never materialized. But 2018 could be a different story. President Trump hammered China on the campaign trail, promising to get tough on trade. But his tune changed once in office... Trump didn't follow through on his promise to label China a currency manipulator, and instead opened talks with Beijing on improving economic ties. He also put potentially inflammatory investigations on the back burner... But experts predict things are going to get nasty in 2018. Trump's patience appears to be running out, especially with his idea to cut Xi some slack on trade in the hope China would pressure North Korea into backing down on its nuclear weapons program. Trump and his trade lieutenants are expected in the coming months to announce results from some of their big investigations -- on issues like steel and intellectual property theft -- that could result in tariffs on Chinese goods. 'I expect a tradewar to emerge in the first part of the year, and it could spiral into a serious conflict that threatens other elements of the relationship,' said Scott Kennedy, director of the Project on Chinese Business and Political Economy at the Center for Strategic and International Studies."
  • Reuters：U.S. creating 'sensational hype' over China's military modernization: ministry
    Reuters reports: "The United States has created 'sensational hype' over China's military modernization, the defense ministry has said in reaction to a White House report branding China a competitor seeking to challenge U.S. power. U.S. President Donald Trump's administration on Monday laid out a national security strategy based on Trump's 'America First' vision, singling out of China and Russia as 'revisionist powers' seeking not only to challenge U.S. power but to erode its security and prosperity. China's foreign ministry said on Tuesdaycooperation between China and the United States was the only correct choice. The spokesman for its defense ministry, Ren Guoqiang, said in a statement posted on the ministry website late on Wednesday that the U.S. strategy had 'without regard for the facts, created sensational hype over the modernization of China's defenses'. Ren also said the strategy had 'called into question the intentions of China's military development plan' and that it ran counter to peace worldwide and the development of China's relations with the United States. China's contribution to world peace was plain for all to see, he said... China's armed forces, the world's largest, are in the midst of an ambitious modernization program, which includes investment in technology and new equipment such as stealth fighters and aircraft carriers, as well as cuts to troop numbers. The tough U.S. national security strategy comes after Trump has sought to build strong relations with Chinese President Xi Jinping."
  • Forbes：What Happened On China's New Silk Road In 2017
    Forbes comments: "Year four of China's Belt and Road Initiative (BRI) is now in the books. The purpose-built, ground breaking endeavor to insert China as the connective tissue between most of the other countries of Eurasia and Africa is no longer the new geopolitical kid on the block, and we are starting to get a good look at what this thing is really all about beyond the rhetoric and propaganda: The BRI can ultimately be deduced to a series of unconnected but nonetheless related bilateral trade and development deals which China is making either one-on-one or group+1 with countries and political blocs across Asia, Europe, and Africa. There is no overarching structure, no membership protocols, no moralistic browbeatings, no predefined set of standards that BRI participants need to uphold in unison... Each country or bloc negotiates on their own terms, and deals can be structured in accordance with each set of particular parameters. Basically, rather than being a cohesive network of countries working together on 'win-win' partnerships under a collective framework, the BRI is turning out to be a slightly catchier stand-in for 'bilateral deals with Beijing.'"
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