Media Report
- The New York Times reports, "President Trump says he is optimistic that a landmark trade deal with China is close. Chinese officials are not so sure. The two sides in recent weeks agreed to the broad outlines of an agreement that would roll back tariffs in both countries, with China buying more American goods and opening up some markets to foreign goods. The trade deal looks like a good one for Beijing, since it would largely spare the government from making substantive changes to its economy. But some of the biggest details — like the enforcement mechanism to ensure China complies and the timing for the removal of tariffs — still haven't been hammered out. Beijing officials are wary that the final terms may be less favorable, especially given Mr. Trump's propensity for last-minute changes, according to two people familiar with China's position."
The Wall Street Journal reports, "China's legislature made scant changes to a proposed law on foreign investment criticized by business groups as vague, as Beijing hurries the bill's passage to ease trade tensions with the U.S. while leaving key complaints unaddressed.The latest draft took another step forward Friday, being formally introduced to the country's ceremonial legislature, which is all but certain to pass it next week when its annual session ends. Once passed, the law will replace three separate statutes governing foreign companies and promises to better protect proprietary technology and make goods produced in China by foreign companies eligible for government procurement. By doing so, trade experts and foreign business groups said, Beijing is trying to show it intends to provide a fairer business environment and answer criticisms by the Trump administration that Chinese policies favor domestic firms."
- CNBC reports, "Fearing that China could be spying on them using power cords and plugs, several U.S. technology companies have asked their Taiwanese suppliers to shift production of some components out of the mainland, Nikkei Asian Review reported on Friday. The report cited unnamed executives from two Taiwanese companies: Lite-On Technology, a manufacturer of electronic parts, and Quanta Computer, a supplier of servers and data centers. Lite-On's clients include Dell EMC, Hewlett-Packard and IBM, while Quanta counts Google and Facebook among its customers, according to Nikkei. The executives told Nikkei that some of their American clients — without specifying which companies — asked them to move out of China partly because of cyberespionage and cybersecurity risks. The U.S. tech firms were worried that even mundane components such as power plugs could be tapped by Beijing to access sensitive data, according to the report."
Calendar
- 2019-03-07 China GDP overstated by 12%, research finds
- 2019-03-06 Canada to hold first hearing in Huawei extradition case
- 2019-03-05 China’s Communist Party is battening down the hatches as the economy slows
- 2019-03-04 Huawei CFO is suing Canada over December arrest
- 2019-03-03 Huawei CFO suing Canada over December arrest
- 2019-03-01 Pompeo says North Korea not clear on scope of closing Yongbyon facility
- 2019-02-28 Trump says China has been 'a big help' in US dealings with North Korea
- 2019-02-27 Trump Undermines Top Trade Adviser as He Pushes for China Deal
- 2019-02-26 Chinese stocks rocketed higher on Trump's trade tweet, but a deal isn't a sure thing
- 2019-02-25 Trump Delays a Tariff Deadline, Citing Progress in China Trade Talks
News
- The New York Times Chinese Officials Becoming Wary of a Quick Trade Deal
- The Wall Street Journal China Pushes Ahead With New Foreign-Investment Law
- CNBC US tech firms fear China could be spying on them using power cords, report says
- The Washington Post In China, many are impressed that, yes, you can sue the U.S. government
- The New York Times DealBook Briefing: Beijing Is Getting Trade Jitters
- Reuters No 'silent lambs': China supports Huawei's bid for U.S. legal redress
- The Washington Post China calls US-North Korea summit an 'important step'
- The New York Times China Experiences a Fracking Boom, and All the Problems That Go With It
- Reuters Brazil President Bolsonaro accepts invitation to visit China: ambassador
- The Wall Street Journal Brazil Foreign Minister Calls on Russia, China to Oppose Venezuela's Maduro
- Reuters China February exports tumble the most in three years, spur fears of 'trade recession'
- The Washington Post Feds say illegal pot operation funded with Chinese money
- Bloomberg EU Urges Trump to Lift Tariffs So Allies Can Cooperate on China
- The Economist China's formerly white-hot tech sector is in the doldrums
- The Wall Street Journal Tesla Reaches Deal With Lenders in China
Commentary
- Foreign Policy The Chinese Communist Party Is Still Afraid of Sun Yat-Sen's Shadow
- The Washington Post Fears about China's social-credit system are probably overblown, but it will still be chilling
- Bloomberg Is China Really the Economic Juggernaut We Feared?
- The New York Times Huawei v. the U.S.
- The Washington Post China is racing ahead of the United States on blockchain
- Bloomberg Fishing for Alpha? Take Your Investing Net to China