Media Report
Business Insider reports: "China's money printing industry is running at "full steam" for foreign clients including Thailand, Bangladesh, Sri Lanka, Malaysia, India, Brazil and Poland, according to reports. The printing is linked to China's Belt and Road Initiative which has seen China build infrastructure and invest in around 60 countries from Europe, Asia, and Africa. "A nation must have considerable trust in the Chinese government to allow it to print its banknotes," Hu Xingdou, a professor of economics at the Beijing Institute of Technology told the South China Morning Post. Beijing has been concerned that its enemies could use fake notes to disrupt its economy and has viewed the money printing capability as important as its atomic bomb programme."
- CNN reports: "China has vociferously defended its human rights record at the United Nations, after accusations were made that more than a million Uyghur Muslims have been imprisoned in political reeducation camps. The UN Committee on the Elimination of Racial Discrimination has been hearing testimony on the Chinese government's treatment of its Muslim Uyghur minority, among other issues. In their submission to the committee, the Germany-based World Uyghur Congress (WUC) said they estimated at least one million Uyghurs were being held in political indoctrination camps as of July 2018. "Detentions are extra-legal, with no legal representation allowed throughout the process of arrest and incarceration," the submission said, adding there were "widespread" reports of torture. Responding to questions Monday, a representative of the Chinese government called the accusations of mass imprisonment "completely untrue.""
- Bloomberg reports: "China is not just another front in President Donald Trump's war on trade. Unlike Mexico, Canada, Europe and other targets of the president, China will be a source of economic conflict for years to come, long after the tariff level on soybeans has been settled. Like the rivalry with the Soviet Union, economic competition with China may form a cold war that shapes American politics and economic policy for a generation or more. Until now, through flukes of timing, Americans have largely been distracted from China's economic development. China joined the World Trade Organization in December 2001, three months after the Sept. 11 terrorist attacks."
Calendar
- 2018-08-10 China paper blasts report about rifts in Beijing's leadership, says 'an elephant can't hide'
- 2018-08-09 How China Wins the Trade War
- 2018-08-08 Trump’s Tariffs Are Changing Trade With China. Here Are 2 Emerging Endgames. Image
- 2018-08-07 Beijing 'will not surrender' to US 'trade blackmail,' Chinese media says
- 2018-08-06 China Meets Trump’s Tariff Hardball With Pledge to Endure
- 2018-08-05 Asian Nations Push Back at US on Trade, Sanctions
- 2018-08-03 China says it will retaliate with tariffs on $60 billion in US goods
- 2018-08-02 Congress Passes Defense Bill That’s Tough on China
- 2018-08-01 China vows retaliation if Trump slaps 25% tariff on $200 billion of Chinese imports
- 2018-07-31 New US spending in Asia won't match China but it's significant in other ways
News
- CNN China says claims 1 million Uyghurs put in camps 'completely untrue'
- Business Insider China is printing money for countries like Poland and Brazil at 'full steam' as it tries to expand its influence
- The New York Times China Seeks Influence in Europe, One Business Deal at a Time
- Business Insider China threatens foreign ships and planes 'daily' in the South China Sea, but no one is yielding any ground
- Financial Times China education stocks slide on draft legislation
- Fox Business China unloads US soybean cargo amid public worries about cost of trade war
- Financial Times Pakistan gains guarantee of China's financial backing
- CNBC After public outcry, Beijing says it will ban new online lending platforms
- Reuters Samsung may suspend operations at China mobile phone plant
- CNBC Trump's trade war advantage: The US economy is 'firing on all cylinders,' says expert
- Fox News China newspaper defends Xinjiang Muslim crackdown
- The Wall Street Journal Google Woos Partners for Potential China Expansion
Commentary
- Bloomberg China-U.S. Trade Spat Is Just a Start to the Economic Cold War
- The National Interest Could China's New Destroyer 'Sink' the Navy?
- Big Think How China is transforming Africa into the next 'factory of the world'
- The Wall Street Journal As Gas Boom Falters in Papua New Guinea, China Steps In
- Bloomberg Soviet Collapse Echoes in China's Belt and Road
- CoinDesk China's Communist Party Publishes Blockchain Tech 101
- National Review Getting Ready for China
- Fox News While everyone obsesses over Russia, China is stealing our data blind