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Media Report
May 03 , 2018
  • Reuters：Trump praises China's Xi as trade talks begin in Beijing
    Reuters reports: "U.S. President Donald Trump praised his relationship with Chinese President Xi Jinping as a U.S. delegation arrived in Beijing on Thursday for talks on tariffs, with state media saying China will stand up to U.S. bullying. A breakthrough deal to fundamentally change China's economic policies is viewed as highly unlikely during the two-day visit, though a package of short-term Chinese measures could delay a U.S. decision to impose tariffs on about $50 billion worth of Chinese exports. The discussions, led by U.S. Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He, are expected to cover a wide range of U.S. complaints about China's trade practices, from accusations of forced technology transfers to state subsidies for technology development."
  • CNN：Tariffs won't slow China's tech rise
    CNN reports: "China's aggressive efforts to become a tech superpower have long worried many American business leaders, and now are fueling trade tensions with the United States. But experts say the US government needs to come up with a smarter response. President Donald Trump is sending his top economic advisers to China this week for talks about the trade dispute in which the two countries have threatened to slap tariffs on tens of billions of dollars of each other's exports. The US government says it's taking action against China over policies that have enabled Chinese firms to unfairly get their hands on sensitive technology from American companies. At the heart of the concerns is "Made in China 2025," Beijing's plan to pump hundreds of billions of dollars into industries like robotics, electric cars and computing with the aim of becoming a global leader in those areas."
  • The New York Times：China Moves to Steady Ties With North Korea Before Trump-Kim Meeting
    The New York Times reports: "As North Korea holds summit meetings with its archenemies — first South Korea, and soon the United States — China is hustling not to lose influence. Its foreign minister, Wang Yi, returned Thursday to Beijing after two days in North Korea's capital, Pyongyang, where he met with the country's leader, Kim Jong-un, shoring up China's position as the North's best friend. China holds substantial economic leverage, but in the heightened strategic competition between it and the United States, it worries that Mr. Kim is using that rivalry to reduce dependence on China, his country's longtime benefactor. One of Mr. Wang's jobs was to try to stop Mr. Kim from veering toward the United States under President Trump, some Chinese experts said."
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