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Media Report
January 08 , 2018
  • CNBC：Trump is reportedly targeting China in aggressive trade crackdown
    CNBC reports: "President Donald Trump will unveil plans for an aggressive trade crackdown over the coming weeks, according to a report by Politico. The White House is likely to introduce new tariffs designed to combat China's alleged unfair trade practices, the report said, citing administration sources that could not be verified by CNBC. Trump's administration could reportedly begin finalizing decisions on trade fights ranging from steel imports to policies regarding intellectual property as soon as this week. Senior officials have marked Trump's State of the Union address at the end of January as a provisional deadline to announce America's trade measures, the report said. Speaking in Beijing in November, Trump said the current relationship between the world's leading economies had been a "very one-sided and unfair one," before adding "it is just not sustainable." The U.S. leader has frequently identified apparent trade imbalances as a problem he wants to resolve. By turning to trade policy, Trump is set to refocus on one of a handful of major policy areas on which the president can act without having to rely on Congress. A spokesperson for the White House was not immediately available for comment when contacted by CNBC."
  • The New York Times：Collision Near China Leaves Iranian Oil Tanker in Flames
    The New York Times reports: "Rescuers were searching Monday for crewmen missing from an Iranian oil tanker that had collided with another ship off China's coast, leaving the tanker in flames and at risk of exploding and sinking, the Chinese authorities said. The Panamanian-flagged tanker, the Sanchi, collided with the CF Crystal, a Hong Kong-registered bulk freighter, around 8 p.m. Saturday about 160 nautical miles east of Shanghai. That area of the East China Sea is frequently crossed by ships traveling to China, South Korea, Taiwan and Japan. All 21 Chinese crew members of the CF Crystal, which was transporting grain from the United States to Guangdong Province in southeastern China, were rescued, China's Ministry of Transport said. But the Sanchi's entire crew — 30 Iranians and two Bangladeshis — were missing after the collision... Four Chinese government ships, two pollution control vessels, four commercial vessels, several fishing boats and a South Korean Coast Guard ship were aiding the search. The burning oil was making it difficult to get close to the tanker and search for missing crew members, the Iranian authorities said."
  • Quartz：Africa is changing China as much as China is changing Africa
    Quartz comments: "It is no longer news that Chinese companies, entrepreneurs, and central and local government are investing heavily in African countries. In Kenya, the Chinese have funded and built the country's largest infrastructure project in more than 50 years, a standard gauge railway from Nairobi to the port city of Mombasa. At the grocery chain, Nakumatt, before it went under, an aisle was reserved for Chinese food supplies to serve the Chinese community in Nairobi. Across the continent, Chinese electronics, clothes, and other products have flooded local markets. Chinese-made Dutch Wax Prints now sell better than the originals, decimating local industries in places like Lubumbashi, Congo. Increasingly you are finding Chinese-run factories in Ethiopia, Rwanda, Nigeria, and supposedly soon in Central Africa where the region's first auto factory will be in Cameroon... Yet, the more stories we do about China in Africa, the more questions I have not just about the topic but how we approach it. For instance, why is it that the international media is so interested in the China-Africa story when Chinese investment is also big in South America, the Caribbean, the Middle East, and basically any region of the world? ...In African countries, increasingly you find Chinese people who never meant to stay as long as they have. But now, they say they can't go home, because being in Africa has changed them... Africa has become a platform that a lot of people... use to analyze and understand China's expanding influence in the developing world."
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