Media Report
- Fortune reports: "In the ongoing trade dispute between the U.S. and China, perhaps no companies are more affected than American automakers that are manufacturing their cars in China. The biggest American business groups in China, AmCham China and AmCham Shanghai, jointly issued a survey Thursday that showed widespread impacts from the U.S.'s tariffs on China, and the resulting Chinese tariffs on the U.S. The effects are being particularly felt in the automotive industry. Of the respondents to the survey from that sector, 80.5% said they had been hit by the American tariffs, and 75% by the Chinese retaliation—each side has levied tariffs on imports of vehicles and components from the other."
- Bloomberg reports: "China's economic momentum weakened again in August, presenting its policy makers with a test of nerve as they prepare for a potential new round of trade talks with their U.S. counterparts. Fixed-asset investment growth in the first eight months slowed to the lowest pace since at least 1999 and infrastructure investment rose just 4.2 percent, the weakest expansion since the data series started in 2014. That indicates policies to expedite such spending are taking time to feed through, even as industrial output held up in August and retail sales quickened. A slowing economy gives China a weaker hand ahead of possible new trade talks the two sides are discussing."
- CNBC reports: "China's flagship investment program — known as the Belt and Road Initiative — is one of the answers to the emerging world's infrastructure needs, but it has been shrouded in criticism amid allegations of debt-trap diplomacy and neo-colonialism. To improve the image of the multi-billion dollar program, Beijing must do more to embrace local stakeholders, a panel of experts at the Milken Asia Summit in Singapore said on Thursday. "A common lament of recipient nations is that despite all the investments from huge infrastructure projects, there's a lack of local employment opportunities," said Robin Hu, head of sustainability and stewardship at Singaporean sovereign wealth fund Temasek Holdings."
Calendar
- 2018-09-13 China welcomes US offer of talks as tariffs loom on $200 billion of goods
- 2018-09-12 United States 'deeply troubled' by alleged Chinese crackdown in Xinjiang
- 2018-09-11 China does away with family planning offices
- 2018-09-10 China vows to retaliate if the US takes any new steps on trade
- 2018-09-09 Pakistan rethinks its role in Xi's Belt and Road plan
- 2018-09-07 US businesses say China makes things great, again and again
- 2018-09-06 China says it will retaliate if US tariff hikes go ahead
- 2018-09-05 China’s Xi to send top ally to North Korea anniversary
- 2018-09-04 Trump’s Fight With Canada Over Nafta Faces New Hurdles
- 2018-09-03 China's leader Xi looms large over North Korean anniversary
News
- CNBC American ratings giant S&P sees major opportunity in China's $11 trillion bond market
- CNBC American casinos in Macau are safe from Chinese trade war wrath, analyst says
- CNBC 'Serious' rivalry still drives China-Russia relations despite improving ties
- Bloomberg China's Muslim Camps Give Trump Fresh Ammo
- The Wall Street Journal China Hits Record-Low Investment Growth as Beijing Battles a Slowdown
- Financial Times Analysts react to mixed China economic data
- Fortune U.S. Automakers Are Taking Hits From Both Sides in Trump's Trade War With China
- Bloomberg China Investment Slowdown a Test of Nerve as New U.S. Talks Near
- CNBC China can make its Belt and Road project more successful if it taps locals, experts say
- Fox News Google employees quit over controversial China search engine project, report says
- Reuters Google's China plan spurs inquiry from U.S. lawmakers, staff departures
- CNBC Trade war: American autos look to be hit the most by both US and China tariffs
- Business Insider China is boosting its aircraft carrier power, but this fighter jet may be holding it back
- The Wall Street Journal China and Vatican to Sign Landmark Deal Over Bishops
Commentary