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Media Report
August 24 , 2018
  • The New York Times reports: "The White House on Thursday accused China of "apparent interference" in El Salvador's domestic politics after the Central American nation established diplomatic ties with Beijing this week. The statement also sharply criticized El Salvador, saying the United States would re-evaluate its relationship with the country. The Trump administration's comments are its strongest pushback to date on China's efforts to curb the international recognition of Taiwan, the self-ruled democracy Beijing claims as part of its territory. They also reflect a growing unease about China's growing influence in a region where the United States has long been the dominant force."
  • The Wall Street Journal reports: "China is tightening its clampdown on cryptocurrencies, nearly a year after the government imposed a wide-ranging ban on local exchanges and fundraising for digital currencies. Financial officials in an eastern district of Beijing issued a notice last week to stores, hotels and offices urging them not to host any cryptocurrency-related speeches, events or activities. The document also asked that any activity be reported to local officials and said authorities were acting on behalf of a working group led by the central bank to clean up cryptocurrency trading."
  • CNBC reports: "U.S. and Chinese officials ended two days of talks on Thursday with no major breakthrough as their trade war escalated with activation of another round of dueling tariffs on $16 billion worth of each country's goods. "We concluded two days of discussions with counterparts from China and exchanged views on how to achieve fairness, balance, and reciprocity in the economic relationship," White House spokeswoman Lindsay Walters said in a brief emailed statement. The discussions included "addressing structural issues in China," including its intellectual property and technology transfer policies, Walters said."
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