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Media Report
August 15 , 2018
  • CNBC：China could reportedly use its 'unwritten' tech rules as an 'invisible tool' against US firms
    CNBC reports: "With Sino-American trade tensions escalating, China's cybersecurity standards could be used as an "invisible tool" for retaliating against Washington's tariffs, according to one expert. Such standards are government-issued operational guidelines that are technically voluntary, but are oftentimes treated as mandatory by foreign firms' Chinese business partners. If Asia's largest economy were to weaponize the listing of standardized practices to hit American companies, the cost would be difficult to quantify, but the move's effects on foreign firms could outlive current tensions, according a report from a Washington-based think tank."
  • Fox Business：China feeling the brunt of trade war
    Fox News reports: China and the U.S. are engaged in a tit-for-tat trade war, but if economic health is the biggest bargaining chip – then it seems as if the U.S. is poised to win. While the U.S. economy is firing on all cylinders with a blockbuster earnings season wrapping up, low unemployment and solid GDP growth, China's economy appears to be stuttering. Data released Tuesday showed that spending on fixed assets such as factory machinery and public works projects fell to its lowest level since 1999. As reported by Reuters, fixed-asset investment expanded by 5.5 percent in the January-July period and Beijing cracked down on local government borrowing to finance projects. Industrial output was also a miss, due to pollution curbs and an uncertain trade outlook."
  • The Washington Post：We can't ignore this brutal cleansing in China
    The Washington Post reports: "For the past 18 months, China has conducted a massive campaign against Muslim- minority communities in its vast western Xinjiang region, including confining up to 1 million people in concentration camps. It has managed to do this in virtual secrecy, with little attention, few complaints and less pressure from the outside world. The past several days have seen some hopeful signs that this impunity finally may be challenged — as it must be. In Geneva last Friday, Chinese government representatives were confronted by members of a United Nations committee who demanded answers about the camps... For the first time, senior Chinese officials were forced to publicly respond to the reports in an international forum. Predictably, their answers were dissembling. A Communist Party official on Mondaydenied that Muslims were detained arbitrarily or that "re-education centers" existed. But he acknowledged that "criminals involved only in minor offenses" had been assigned to "vocational education and employment training centers . . . with a view to assisting in their rehabilitation and reintegration.""
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