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Media Report
October 03 , 2018
  • The Washington Post reports: "U.S. and Chinese warships played a dangerous game of chicken in the South China Sea this week, adding to the rising tensions over trade issues and allegations of Chinese meddling in U.S. elections. U.S.-China relations appear to be on shaky ground — but how will these tensions play out? For political scientists, a big question in recent years is whether China will remain a firm partner in the "liberal international order" or become a "revisionist power," one that will overturn existing institutions in pursuit of its global agenda. Many scholars believe that China's membership in key security, economic and political institutions will limit its ambitions."

  • The Wall Street Journal reports: "China is planning to sell $3 billion in U.S. dollar bonds this month, wooing foreign investors at a time of heightened trade tensions with the U.S. and turbulence in its own stock market. If successful, it would be the country's second dollar-bond sale in a year but only its third since 2004. China's Ministry of Finance has tapped a dozen Chinese and global investment banks to handle the offering and plans to market the securities to investors next week, according to people familiar with the matter (...)The offering is coming at a delicate time for the world's second-largest economy. China's gross domestic product growth is slowing, and the pace of investment in factories and public-works projects has cooled this year. The U.S. has imposed tariffs on hundreds of billions of dollars worth of Chinese exports and is threatening more of them.
  • The New York Times reports: "China accused the country's most famous actress, Fan Bingbing, of evading millions of dollars in taxes and warned others in the television and film industry to come clean or face a similar fate, according to a statement released to state media on Wednesday. The authorities fined Ms. Fan, 37, the equivalent of nearly $70 million in unpaid taxes and penalties after an investigation found that she and employees of her production company had underreported her earnings from her blockbuster films — a practice that is said to be common in China, and not only in the entertainment industry.In her first public statement since dropping from public view four months ago, Ms. Fan offered a contrite apology and pledged to pay the fine to avoid a criminal investigation."
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