Media Report
- The New York Times reports, "Growing distrust between the United States and China has slowed the once steady flow of Chinese cash into America, with Chinese investment plummeting by nearly 90 percent since President Trump took office. The falloff, which is being felt broadly across the economy, stems from tougher regulatory scrutiny in the United States and a less hospitable climate toward Chinese investment, as well as Beijing's tightened limits on foreign spending. It is affecting a range of industries including Silicon Valley start-ups, the Manhattan real estate market and state governments that spent years wooing Chinese investment, underscoring how the world's two largest economies are beginning to decouple after years of increasing integration. 'The fact that the foreign direct investment has fallen so sharply is symbolic of how badly the economic relationship between the United States and China has deteriorated,' said Eswar Prasad, former head of the International Monetary Fund's China division. 'The U.S. doesn't trust the Chinese, and China doesn't trust the U.S.'"
The Washington Post reports, "Pro-democracy lawmaker Lam Cheuk-ting was in a subway station near his constituency on Sunday night responding to reports of a violent mob in the area. Suddenly, dozens more of the white-shirted men appeared, surrounding the station. Armed with bats, batons and wooden rods attached to Chinese flags, they chased protesters returning from a largely peaceful anti-government march into a subway train and around the station. As they kicked, hit and punched people, commuters pleaded for mercy and hid behind umbrellas. One witness said several women were wailing and hyperventilating in fear, some separated from their family members. Video shared with The Washington Post showed the men beating people with sticks so violently that they fell to the ground, clutching injured limbs. Chinese flags that had fallen from the sticks littered the floor. Surgical face masks and tissues drenched in blood lay abandoned on subway cars."
- The Wall Street Journal reports, "China has signed a secret agreement allowing its armed forces to use a Cambodian navy base near here, as Beijing works to boost its ability to project military power around the globe, according to U.S. and allied officials familiar with the matter. The pact—signed this spring but not disclosed by either side—gives China exclusive rights to part of a Cambodian naval installation on the Gulf of Thailand, not far from a large airport now being constructed by a Chinese company. Some details of the final deal were unclear, the officials said, but an early draft, seen by U.S. officials, would allow China to use the base for 30 years, with automatic renewals every 10 years after that. China would be able to post military personnel, store weapons and berth warships, according to the draft."
Calendar
- 2019-07-21 Chinese Money in the US Dries Up as Trade War Drags On
- 2019-07-19 U.S., China Trade Negotiators Talk for Second Time Since Truce
- 2019-07-18 U.S.-China trade talks continue, in-person meeting may be planned: Mnuchin
- 2019-07-17 Bills targeting China's Huawei introduced in Congress
- 2019-07-16 Tariffs on China Don’t Cover the Costs of Trump’s Trade War
- 2019-07-15 China posts slowest economic growth in 27 years; Trump touts ‘major effect’ of tariffs
- 2019-07-14 Huawei Plans Extensive Layoffs in the US
- 2019-07-12 China to Sanction U.S. Companies for Arms Sales to Taiwan
- 2019-07-11 Trump team fears new face on China trade team signals tougher stance
- 2019-07-10 Lighthizer, Mnuchin spoke with Chinese Vice Premier Liu He on Tuesday
News
- The New York Times Chinese Money in the U.S. Dries Up as Trade War Drags On
- The Washington Post Attackers wielding Chinese flags bash Hong Kong protesters, as political crisis takes sinister turn
- The Wall Street Journal Deal for Naval Outpost in Cambodia Furthers China's Quest for Military Network
- The Wall Street Journal China's State Media Show Hong Kong Protest Images, Fanning Public Anger
- The Washington Post Trump's commitment to Huawei bans faces stress test today
- Bloomberg Taiwan Stocks Offer Hefty Yield But Investors Still Selling
- The New York Times A New Red Scare Is Reshaping Washington
- Reuters China says U.S. criticism over South China Sea is slander
- Bloomberg Millions of Barrels of Iranian Oil Are Piled Up in China's Ports
- Reuters Beijing's new mega airport enlists Dubai's Emaar for $11 billion project
- The New York Times Shunned by West and Wary of Russia, Belarus Gets Help From China
- CNN Tencent-backed 'Top Gun' cuts Taiwan flag from Tom Cruise's jacket
Commentary
- Foreign Policy The United States Is Going After China's Banks
- Financial Times Formulating values for AI is hard when humans do not agree
- CNBC Trump's choice: Yield to China or raise trade tariffs and pave the way for Fed's easing
- Bloomberg Game Over for China's U.S. Tech IPOs?
- The New York Times What's America's Winning Hand if Russia Plays the China Card?
- The National Interest Why Pakistan Should End Its Alliance with China