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Media Report
November 28 , 2018
  • The Wall Street Journal reports: "On Sept. 21, Chinese President Xi Jinping convened an emergency meeting of two dozen top officials. The day before, the U.S. had taken Beijing by surprise by imposing sanctions on a research unit of the Chinese military, shortly after announcing tariffs on $200 billion in Chinese imports. The Chinese didn't know how to respond. Mr. Xi arranged the meeting so hastily that three of the seven members of the group's Standing Committee—China's final arbiter of power—couldn't attend because they were traveling, say individuals with knowledge of the discussions. The party members, who gathered at the Zhongnanhai leadership compound in central Beijing, eventually concluded that a forceful counter was essential. China canceled impending trade talks in Washington, suspended a meeting with U.S. military officials and summoned the U.S. ambassador in Beijing to complain."
  • CNBC reports: "President Donald Trump could push for a compromise on trade with China at this weekend's G-20 summit in Argentina even after his recent tough talk, The New York Times reported, citing several U.S. officials. The report said Trump is increasingly anxious about the impact of a long trade war on financial markets and the economy. This could lead Trump to seek an agreement with China that would delay new tariffs on Chinese goods while the two countries work to resolve their issues. This would be a departure from Trump's most recent comments on U.S.-China trade relations. In an interview with The Wall Street Journal, Trump said it is "highly unlikely" that the U.S. would hold off on increasing tariffs on $200 billion of Chinese goods to 25 percent. He also said the U.S. would slap charges on the remaining $267 billion worth of goods from China that are not yet subject to tariffs." 
  • The New York Times reports: "A Chinese scientist who claims to have created the world's first genetically edited babies said at a conference on Wednesday that his actions were safe and ethical, and he asserted that he was proud of what he had done. But many other scientists seemed highly skeptical, with a conference organizer calling his actions irresponsible. 'For this specific case, I feel proud, actually,' the scientist, He Jiankui, said at an international conference on genome editing in Hong Kong. Indeed, the only thing Dr. He apologized for was that news had "leaked unexpectedly" that he had used the gene-editing technique Crispr to alter embryos and then implanted them in the womb of a woman who gave birth to twin girls this month."
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