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Media Report
February 13 , 2019
  • The New York Times reports, "The Trump administration is moving closer to completing an executive order that would ban telecommunications companies in the United States from using Chinese equipment while building next-generation wireless networks, according to American officials. President Trump has been briefed on the proposed ban, which would prevent the use of equipment from 'adversarial powers,' and the order could be issued in the coming days, American government and industry officials said. The executive order, which has been under discussion for months, is aimed largely at preventing Chinese telecom firms like Huawei from gaining access to the fifth-generation — or 5G — wireless networks that companies are beginning to build in the United States. American intelligence officials have grown increasingly concerned about Huawei and other Chinese telecom companies, saying their inclusion in American networks pose security risks that could jeopardize national security."

  • CNBC reports, "Chinese President Xi Jinping will meet with Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer on Friday as both sides pursue a trade deal before an early March deadline, the South China Morning Post reported. The report, which cites sources close to the matter, said Xi 'is scheduled to meet' with key members of the U.S. trade delegation that's in Beijing, including Lighthizer and Mnuchin. Chinese Vice Premier Liu He is also expected to attend a banquet for the U.S. delegation this week, according to the Morning Post. China and the U.S. are trying to strike a deal before March 2. Otherwise, additional U.S. tariffs on Chinese goods could take effect.The report comes a day after President Donald Trump said he would consider pushing back the current March deadline if it means a deal between the two countries can be reached soon. He added, however, he 'would prefer not to.'"
  • The Wall Street Journal reports, "China has been holding talks with Venezuela's political opposition to safeguard its investments in the troubled Latin American nation, hedging its bets as pressure builds on Nicolás Maduro, the embattled leader for whom Beijing has been a vital ally. Chinese diplomats, worried over the future of its oil projects in Venezuela and nearly $20 billion that Caracas owes Beijing, have held debt negotiations in Washington in recent weeks with representatives of Juan Guaidó, the opposition leader heading the U.S.-backed efforts to oust Mr. Maduro, according to people familiar with the talks. 'China recognizes the increasing risk of a regime change and does not want to be on the bad side of a new regime,' said R. Evan Ellis, an expert on Chinese relations in Latin America at the U.S. Army War College. 'While they prefer stability, they realize they have to put eggs in the other basket.'
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