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Media Report
February 12 , 2018
  • CNN：Chinese stealth fighters are combat-ready, Beijing says
    CNN reports: "China says its newest stealth fighter is combat-ready. Posts on both the website of the People's Liberation Army and the official Xinhua news agency said the J-20 fourth-generation fighter had been armed and officially commissioned into China's air force. Long touted as China's answer to US F-22 and F-35 stealth fighter jets, analysts say the J-20 is intended to fulfill two roles, air-to-air combat and ground attack."The stealth jets will improve the air force's comprehensive fighting ability and enable it to better safeguard China's sovereignty, security and territorial integrity," Shen Jinke, spokesman for the People's Liberation Army (PLA) Air Force, is quoted as saying by Xinhua. A report last year from the China Power Project at the Center for Strategic and International Studies suggests the J-20 could be used to strike enemy airfields and command centers in the ground attack role. The report also points out that if long-range air-to-air missile are mounted on the J-20, it could threaten key components of the US air fleet, such as aerial refueling tankers and early warning and command and control aircraft... China first flew the twin-engine J-20 in 2011, and it was introduced to the public during a flyby at the China International Aviation & Aerospace Exhibition in Zhuhai, near Hong Kong, in November 2016."
  • CNBC：China pledges 'employment first' policies to create millions of jobs
    CNBC reports: "China will boost its job creation effort and promote entrepreneurship this year, a spokeswoman for the top state planner said on Sunday, under pressure to find work for millions of unemployed people and new college graduates. Meng Wei of the National Development and Reform Commission (NDRC) said China needs to create jobs for 9.7 million people registered as unemployed and 8.2 million new college graduates, as well as workers affected by industrial capacity cuts. China's urban-registered unemployment rate fell to 3.9 percent last year and has remained generally stable despite slowing economic growth and the government forging ahead with plans to cut back industrial capacity. Many analysts say, however, that the official data is an unreliable indicator of employment conditions because it only measures employment in urban areas and does not take into account the millions of migrant workers who form the bedrock of China's labour force."
  • Financial Times：Trump's warnings about unfair trade with China ring true
    Financial Times comments: "I agree with Donald. I didn't expect to be writing that, but after watching President Trump's speech in Davos the central point seems irresistible. Unless trade is fair it won't stay free for long. Free and fair go together. When it comes to trade policy reciprocity is everything.  The target of Mr Trump's rhetoric was of course China. When he got back to Washington, Mr Trump imposed measures to restrict what he regards as the dumping of solar panels and washing machines. The real issue, though, is much wider and concerns the trade system as a whole and China's future relationships with the rest of the world. Energy is not the only sector affected but it is at the heart of the conflict — and perhaps of the potential solution. You might think that China has everything going for it. There is capital in abundance; China can buy whatever it wants. The country is now highly skilled and a leader in science and technology, not least in energy. China also has "friends". Which lobbyist or former minister doesn't want their bag of Chinese gold? And, perhaps most important of all, China has a coherence in public policy that countries such as the US and the UK can only envy. There are clear strategic objectives backed up with specific plans. The political leadership is capable of taking decisive decisions and getting them delivered. That is why so much has been achieved in the last 30 years."
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