Media Report
- Reuters reports: "A bomb exploded outside the U.S. embassy in Beijing on Thursday, wounding the lone assailant, the embassy said in a statement, but police described the weapon merely as a "firework device". The explosion happened on the street outside southeast corner of the embassy compound. Beijing police said the suspect, a 26-year-old man from China's Inner Mongolia region, had injured his hand and been taken to hospital. Police did not provide a motive."
- CNN reports: "A $44 billion tech deal just became the latest casualty in the escalating US-China trade war. American chipmaker Qualcomm (QCOM) confirmed it was terminating its proposed takeover of Dutch counterpart NXP (NXPI) on Thursday after China failed to grant it regulatory approval. Qualcomm said it would proceed with a stock buyback of up to $30 billion that it had promised shareholders should the NXP deal fall apart. NXP also announced Thursday that it would buy back shares worth $5 billion... The takeover had been approved in eight other jurisdictions, including the European Union and South Korea, since it was announced in October 2016. China was the lone holdout."
- Variety reports: "The Chinese government appears to have shut down Facebook's establishment of an office in Hangzhou, almost before it had got off the ground. The New York Times reported that the company filing documents had been removed from the register of companies on Wednesday. Only two days earlier, photographs of the filing had circulated widely on Chinese social media. Media reports circulated on Tuesday, apparently corroborated by email conversations with the U.S. tech giant... The New York Times said that the removal of the documents reflected a disagreement between local officials in Hangzhou, Zhejiang province and the Cyberspace Administration of China, with the CAC, apparently, wanting better notification before the U.S. tech giant set up camp behind the so-called great Firewall."
Calendar
- 2018-07-25 Giving In to China, U.S. Airlines Drop Taiwan (in Name at Least)
- 2018-07-24 Defense bill offers harsh words for Russia and China
- 2018-07-23 U.S.-China trade war is now becoming a currency war, too
- 2018-07-22 China Premier Orders Probe Into Vaccine Makers After Violations
- 2018-07-20 Trump: ‘Ready to go’ with tariffs on all Chinese imports
- 2018-07-19 A China Borrower’s $11 Billion Debt Mountain Comes Crashing Down
- 2018-07-18 The trade war is complicating China's efforts to fix its economy
- 2018-07-17 The President Turns the Tables on China
- 2018-07-16 China files WTO challenge to US $200B tariff plan
- 2018-07-15 China looks to get cozy with EU in annual talks as Trump tariffs bite
News
- Reuters Lone suspect wounded in blast near U.S. embassy in China
- CNN China kills Qualcomm's $44 billion deal for NXP
- Variety China Reverses Facebook's Planned Office Opening
- Bloomberg Qualcomm Scraps NXP Deal Amid U.S.-China Trade Tensions
- The New York Times The Latest Hot E-Commerce Idea in China: The Bargain Bin Image
- Bloomberg What Does the Apparent Trump-EU Trade Truce Mean for China?
- CNBC China says four US airlines have missed a deadline to change their naming of Taiwan
- Newsweek Trump's 'Keep America Great' Re-election banners are made in China and were mass produced to avoid trade war tariffs
- Bloomberg U.S. Downplays Hopes for China Deal Soon Amid EU, Nafta Progress
- The New York Times Qualcomm Scraps $44 Billion NXP Deal After China Inaction
- The Washington Post Under pressure from China, U.S. airlines start changing references to Taiwan
- CNN New skyscraper in China features 108-meter-tall waterfall
Commentary
- National Interest China's Advanced Submarines Are 'Breaking Records'
- The Strategist China and Africa: the Zimbabwe file
- The Hustle China teased Zuckerberg with a taste of the promised land — then took it all away
- Seeking Alpha China's Exchange Rate Dilemma
- CNN China's crimes against humanity you've never heard of
- Lawfare The Innovation-Security Conundrum in U.S.-China Relations
- The Wall Street Journal More of Africa Finds Itself in China's Debt