China says it's ready to deal with any fallout from trade row with US - April 19, 2018

Media Report

April 19 , 2018

CNBC：China says it's ready to deal with any fallout from trade row with US
CNBC reports: "China is well prepared to handle any negative effects from its trade dispute with the United States, the commerce ministry said on Thursday, adding that China's tariff hikes on U.S. imports will not have a big impact overall on its domestic industries. The United States would be making a miscalculation if it is determined to contain China's rise, ministry spokesman Gao Feng said at a regular media briefing in Beijing. Responding to a question on whether China has underestimated President Donald Trump's resolve to pursue trade measures against China, Gao said Beijing hopes Washington will not underestimate China's resolve to fight back."
The Wall Street Journal：China Wary of Qualcomm's $44 Billion NXP Deal Amid Tensions With U.S.
The Wall Street Journal reports: "China's antitrust regulator gave an initial pessimistic review of Qualcomm Inc.'s $44 billion purchase of NXP Semiconductors NXPI -3.40% NV, raising questions about a critical deal for the American company and whether trade friction with the U.S. is playing a role. A spokesman for China's Commerce Ministry said Thursday that a preliminary review turned up "related issues that are hard to resolve, making it difficult to eliminate the negative impact"... The spokesman didn't elaborate on the specific findings other than to say the agency looked at the deal's impact on competitors and the market and examined Qualcomm 's QCOM -2.50% proposed remedies. He didn't close the door on an eventual approval, promising a fair review of Qualcomm's application."
Bloomberg：China and the U.S. Seek Allies to Strengthen Sides in Trade Tussle
Bloomberg reports: "The U.S. and China look to be preparing for a protracted confrontation over trade and investment as they each try to line up allies for their cause. The struggle for support is being waged worldwide, with its locus shifting this week to Washington and the semi-annual meetings of the International Monetary Fund. Behind the battle: an effort by each country to gain an edge in their standoff over everything from steel to semiconductors. Much of the jockeying is likely to play out at Thursday's meeting of finance ministers and central bankers from the Group of 20 and Saturday's broader gathering of IMF member nations."

Calendar

News

CNBC China says it's ready to deal with any fallout from trade row with US
The Wall Street Journal China Wary of Qualcomm's $44 Billion NXP Deal Amid Tensions With U.S.
Bloomberg China and the U.S. Seek Allies to Strengthen Sides in Trade Tussle
CNBC Hip hop culture comes under scrutiny in China, but some of it gets a pass
Bloomberg China's Block on Trash Imports Forces Australia to Bury Recycling
The Wall Street Journal Tesla Could Benefit From China's New Rules for Foreign Auto Makers
The New York Times In a Trade War, China Might Boycott U.S. Goods. That Could Backfire.
Wired China's children are its secret weapon in the global AI arms race
CNN China is holding up a $44 billion US tech deal
Bloomberg China's Economic Numbers Have a Credibility Problem
The Washington Post Singapore's prime minister: Nobody wants a trade war
Bloomberg Rusal Discusses Deals in China to Ease Sanctions Crunch
The New York Times Chinese Doctor Arrested, Then Applauded, for Criticizing a Popular Elixir
Bloomberg Rusal Discusses Deals in China to Ease Sanctions Crunch

Commentary

Economist An American ban puts China's ZTE in peril
Bloomberg Stiglitz Says True U.S.-China Trade Accord 'Almost Impossible'
The Wall Street Journal Proposed U.S. Tariffs on China Risk Penalizing Manufacturers Unevenly
Bloomberg New Threat to the U.S.: the Axis of Autocracy
ABC News Chinese students being taught 'us and them' brand of diplomacy
Bloomberg China Quietly Rolled Out a Very Big Bang