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Media Report
April 23 , 2018
  • Bloomberg reports: "For more than a decade, Chinese political and corporate leaders have been scouring the globe with seemingly bottomless wallets in hand. From Asia to Africa, the U.S. and Latin America, the results are hard to ignore as China has asserted itself as an emerging world power. Less well known is China's diffuse but expanding footprint in Europe. Bloomberg has crunched the numbers to compile the most comprehensive audit to date of China's presence in Europe. It shows that China has bought or invested in assets amounting to at least $318 billion over the past 10 years. The continent saw roughly 45 percent more China-related activity than the U.S. during this period, in dollar terms... The volume and nature of some of these investments... have raised a red flag at the European Union level."
  • The New York Times reports: "As the North Korean leader, Kim Jong-un, prepares for his meetings with the presidents of South Korea and the United States, China has found itself in an unaccustomed place: watching from the sidelines. Worse, many Chinese analysts say, North Korea could pursue a grand bargain designed not only to bring the isolated nation closer to its two former Korean War foes, but also diminish its reliance on China for trade and security... China finds itself removed from the center of the rapidly unfolding diplomacy, and unusually wary about Mr. Kim's objectives in reaching out to his nation's two bitterest enemies."
  • Bloomberg reports: "U.S. Treasury Secretary Steven Mnuchin said he's considering a trip to China amid a trade dispute with Beijing that finance chiefs warn could derail the global economic upswing. Mnuchin said he's "cautiously optimistic" of reaching an agreement with China that bridges their differences over trade... China's Ministry of Commerce said Sunday it is aware that the U.S. is considering a visit to Beijing to negotiate economic and trade issues and welcomes such a move."
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