Media Report
- CNN reports: "China is riding out the trade war so far but its economic troubles run deep and could escalate rapidly if US tariffs really start to bite.Beijing is already wrestling with other problems that the trade war could exacerbate. China's economy is now growing at its slowest pace since the global financial crisis. It's laden down with debt and facing concerns about a real estate bubble and weakening currency.Despite the Trump administration's new tariffs on $200 billion of Chinese goods, exports are still growing strongly, up 16% in October. But that could change in the coming months if tariffs rise to 25% from 10% at the end of December, as the US has threatened, adding to China's growing list of problems."
- CNBC reports: "Chinese President Xi Jinping is making peace with his country's private companies. That reassurance comes amid an environment in which privately owned enterprises have taken a hit from banks constricting lending in a national effort to rein in debt. On top of that, confidence has been shaken on concerns private firms were falling out of political favor in relation to their powerful state-owned brethren. Now, facing trade war with the United States and a slowing economy, Xi is offering the sector an olive branch, which analysts and investors say is necessary to boost confidence in the critical job-providing sector.China's big state-owned enterprises have long enjoyed exalted status, with preferential access to funding and other benefits. And despite years of reform talk, their political influence has actually been seen to grow in recent years."
- The New York Times reports: "From a distance, the Chinese warship warned the American destroyer that it was on a "dangerous course" in the South China Sea. Then it raced up alongside, getting perilously close. For a few tense minutes, a collision seemed imminent. The American vessel, the Decatur, blasted its whistle. The Chinese took no notice. Instead, the crew prepared to throw overboard large, shock-absorbing fenders to protect their ship. They were "trying to push us out of the way," one of the American sailors said. Only a sharp starboard turn by the Decatur avoided a disaster in the calm equatorial waters that early morning in September — one that could have badly damaged both vessels, killed members of both crews and thrust two nuclear powers into an international crisis, according to a senior American official, who spoke on condition of anonymity to describe the encounter in detail."
Calendar
- 2018-11-08 Trump’s Tariffs Have Fully Kicked In—Yet China’s Exports Grow
- 2018-11-07 Here's what the US election results mean for Trump's trade war with China
- 2018-11-06 China open to trade talks with US, says Wang Qishan
- 2018-11-05 Xi tells the world China will boost imports while swiping at Trump’s ‘law of the jungle’
- 2018-11-04 Trump-Xi Trade Deal Is Likely to Begin Rather Than End at G-20
- 2018-11-02 Trump and China’s Xi give positive signs over phone call but markets give up early gains
- 2018-11-01 Australia to Rebuild U.S. World War II Base as China Courts Pacific Allies
- 2018-10-31 Taiwan's UMC halts R&D activities with Chinese semiconductor firm after U.S. ban
- 2018-10-30 China's currency just hit its lowest level in a decade. What's next?
- 2018-10-29 China takes another big step to open its financial markets
News
- CNN Forget the trade war, China's economy has other big problems
- CNBC China's Xi tries to reassure the country's worried private companies
- The New York Times U.S. and China Are Playing 'Game of Chicken' in South China Sea
- Reuters How Mattis is trying to keep U.S.-China tensions from boiling over
- Axios China's growing influence swallows global criticism on human rights
- FInancial Times China's drone makers zero in on armed forces
- Bloomberg Google in China: When 'Don't Be Evil' Met the Great Firewall
- The New York Times At China's Internet Conference, a Darker Side of Tech Emerges
- Bloomberg A Fifth of China's Homes Are Empty. That's 50 Million Apartments
- CNN China has developed a virtual anchor to deliver the news
- Financial Times Washington unnerved by China's 'military-civil fusion'
Commentary
- The National Interest Forget North Korea: A Chinese Invasion of Taiwan Is the Big Threat in Asia
- Council on Foreign Relations Selling U.S. China Policy
- Bloomberg Cartier Has Still Got It, Whatever China Says
- Council on Foreign Relations Foreign Capital Has Been Propping Up China's Currency. Here's What Happens When It Leaves.
- Foreign Policy World War I's Depressing Lessons for Asia
- Bloomberg Ctrip Isn't the Last Stop for China's Troubled Train
- Financial Times Why China's business innovation can survive the trade war