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Media Report
May 04 , 2018
  • CBS News：China denies pointing powerful lasers at U.S. aircraft
    CBS News reports: "China on Friday denied allegations that its forces targeted U.S. military aircraft with high-powered lasers near China's military base in Djibouti, resulting in minor injuries to two pilots. Foreign Ministry spokeswoman Hua Chunying said China had informed the U.S. that "after strict verification, we have told the U.S. side that what they alleged is absolutely untrue." The Defense Ministry issued a similar denial, saying it had refuted the accusations from the American side through formal channels... The U.S. issued a formal complaint to the Chinese government over the use of lasers that targeted aircraft on several occasions in the last few weeks. The Pentagon said the incidents represent a serious threat to U.S. airmen, and that the U.S. asked China to investigate."
  • Reuters：Trump team demands China slash U.S. trade surplus by $200 billion, cut tariffs
    Reuters reports: "Top officials from China and the United States reached a consensus on some aspects of the countries' trade row, but disagreements over other issues remain "relatively big", China said on Friday. A statement from the nation's state-run Xinhua news agency at the end of the talks gave little indication that there had been agreements on the biggest issues, stressing instead that there had been exchanges of opinion... The Americans have yet to give their account of the talks. In one specific sign of progress, U.S. negotiators agreed to bring up with U.S. President Donald Trump the question of a ban on U.S. companies selling goods and software to Chinese telecommunication equipment maker ZTE Corp after representations from the Chinese side, the report said."
  • CNN：The wave of massive Chinese tech IPOs has begun
    CNN reports: "Investors are preparing for a blockbuster year of Chinese tech IPOs. Smartphone maker Xiaomi filed this week to go public in Hong Kong in what's expected to be the world's biggest IPO since 2014. It is one of several major Chinese tech companies that could make their stock exchange debuts this year. They include China's biggest ride-hailing company, Didi Chuxing; the country's top mobile payments firm, Ant Financial; and China's most popular music streaming business, owned by Tencent... The companies have built up their businesses to "a size that is interesting for institutional investors," said Hans Tung, managing partner with venture capital firm GGV Capital, which is an investor in Didi and Xiaomi."
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