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Media Report
February 08 , 2018
  • CNBC：China's imports surge 37% in January, exports jump 11%
    CNBC reports: "China reported a 36.9 percent jump in imports and a rise of 11.1 percent in exports — both in dollar terms — for the month of January, the country's statistics bureau said on Thursday. Both figures beat expectations. A Reuters economist poll predicted that January imports had grown 9.8 percent from a year ago. They also expected export growth to come in at 9.6 percent. Long Lunar New Year public holidays start next week in China, so the trade data may be skewed due to seasonal factors such as stockpiling. Nonetheless, even with the festive season, the strong January reading indicates healthy domestic demand going into 2018, said Louis Kuijs, head of Asia economics at Oxford Economics. In December, dollar-denominated exports rose 10.9 percent from a year ago, while imports rose 4.5 percent. China's trade surplus for January was $20.34 billion. Economists polled by Reuters had forecast a surplus of $54.1 billion... Beijing said the world's second-largest economy grew by 6.9 percent last year, beating forecasts on strong global and domestic demand."
  • Quartz：Chinese police are wearing sunglasses that can recognize faces
    Quartz reports: "In the Matrix series, Keanu Reeves wears futuristic sunglasses to look cool when fighting against machines. But in China, police are now wearing sunglasses equipped with facial-recognition technology to catch criminal suspects. Railway police in Zhengzhou, a central Chinese city, are the first in the country to use facial-recognition eyewear to screen passengers during the Lunar New Year travel rush, Chinese state media reported this week. The devices have already helped nab seven fugitives related to major criminal cases such as human trafficking and hit-and-runs, and 26 others who were traveling with fake identities. The glasses are connected to tablets that contain an offline database that can match passengers with suspected criminals. Unlike fixed cameras with facial-recognition capability, the wearable allows police to act more swiftly before their targets disappear into the crowd. Beijing-based LLVision, which developed the glasses, told the Wall Street Journal that the device was able to identify individuals from a 10,000-person database within one-tenth of a second during tests... The far western region of Xinjiang, where authorities are increasingly tightening surveillance around the majority Muslim population, is turning into a laboratory for testing high-end spying technologies."
  • The Atlantic：China Loves Trump
    The Atlantic comments: "In January of last year, around the time of the presidential inauguration, as jitters about the relationship between Donald Trump and China mounted, I regularly joined the mob of reporters at the Chinese foreign ministry's daily briefings in Beijing. There, the assembled members of the media would press officials on Trump's latest anti-China comment or Twitter blast—on tariffs, trade wars, North Korea, or China's "theft" of American jobs. Reporters expected righteous denunciations of the kind China routinely unleashes against South Korea, the Philippines, and other countries perceived as even notionally affronting Chinese interests. But they never came. Day after day, the spokespeople stubbornly, and then impatiently, accentuated a positive view of the prospects for U.S.–Chinese ties under Trump. Likewise in the state media. While American pundits warned that conflict between the world's top two economies would lead to meltdown, or speculated about China's putatively enraged reaction to Trump's phone call with Taiwanese President Tsai Ing-wen, Beijing's state-sanctioned media outlets retained a strangely forbearing, at times vaguely optimistic, tone about the relationship. From the very beginning, the Communist Party seems to have understood that Trump's threats were, for the most part, merely for show. By refusing to be rattled, China has enjoyed a series of rhetorical and strategic triumphs that have enhanced its global image and increased its international influence. China also appears to have assessed that Trump, the self-proclaimed master deal maker, would rather have a bad deal than no deal at all, and could be persuaded to compromise on almost anything in order to declare a "win.""
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