Weekly News & Events

Date: 

Monday, December 12, 2016

TOP STORIES:

Beijing Concerned by Trump Questioning ‘One China’ Policy on Taiwan – Wall Street Journal reports that China expressed alarm over U.S. President-elect Donald Trump’s suggestion that he is willing to use a bedrock agreement over Taiwan as a bargaining chip in the already-fraught U.S.-China relationship.

 

INTERNATIONAL POLITICS AND DIPLOMACY:

China Embraces Southeast Asia with Renewed Trade, Investment Push as US Turns Inward – Bloomberg

US, China Hold Third Dialogue on Jointly Battling Cybercrime – Federal Times

Outgoing US Defense Secretary Reiterates Strong Indo-US Relations – Defense News

Exclusive: Risking Beijing’s Ire, Vietnam Begins Dredging on South China Sea Reef – Reuters

By Accident or Design, Trump Signals Tougher China Policy – Military Times

 

ECONOMICS AND TRADE:

Iowa Exports Soybeans to China, So Why Not a Whole Farm? – New York Times

China Challenges U.S., EU over WTO Antidumping Duties – Wall Street Journal

Ban China’s State Firms from Acquiring U.S. Companies – Wall Street Journal

China Opens Its Markets to World—World Says No Thanks – Wall Street Journal

China Stocks Fall by Most in Months amid Crackdown on Insurers – Financial Times

Sinopec to Sell 50% Pipeline Stake for $3.3 Billion – Wall Street Journal

More and More American Companies Have Decided Their Big China Opportunity Is Over – CNBC

China Faces Off against World on Open Global Markets – Wall Street Journal

China Claims It Attempted to Salvage EGA Ministerial with Late Product List – Inside US Trade

Key Lawmaker, EU and Industry All Blame China for Torpedoing EGA Deal – Inside US Trade

Competition from Chinese Imports Weakened U.S. Innovation, Economists Say – Wall Street Journal

Foreign Companies in China Hit by New Exchange Controls – Financial Times

As Beijing Battles to Keep Yuan at Home, Chinese Prepare to Sell – Wall Street Journal

Airbnb Inches Its Way into China – Bloomberg

Academics: Treasury Criteria Do Not Preclude Naming China a Currency Manipulator – Inside US Trade

China Commits $36 Billion to Further Build the 110 Million Person Jing-Jin-Ji Megaregion – Forbes

After 1,000 Year Slumber, China Vows to Invent Again – Wall Street Journal

China’s Forex Reserves Drop $70bn as Outflow Accelerates – Financial Times

Chinese Group Reports More Apple iPhone Battery Problems – Wall Street Journal

 

SECURITY:

Philippines Curtails Military Exercises with U.S. – Military Times

China Conducts Flyover of Waterways near Japan, Taiwan – Associated Press

China Takes Aim at South Korea’s Lotte after Missile Move – Financial Times

U.S. Official Warns of North Korean Nuclear Capabilities – Military Times

Philippines Says It Will Not Aid U.S. in Patrolling the South China Sea – Military Times

U.S. May Lose Launch Pad for Military Patrols Aimed at China – CBS

China to Help 1MDB Settle Multibillion-Dollar Legal Dispute – Financial Times

Exclusive: China Stole Data from Major U.S. Law Firms – Fortune

Japan’s Defense Chief Says Alliance with U.S. Will Endure – Military Times

Former Diplomats: Countering North Korean Missile, Nuke Programs to be Major Trump Challenges – USNI News

Putin and Abe Are Hoping to Forge Closer Russia-Japan Ties – Foreign Policy

 

SOCIETY:

China Has Gained Hugely from Globalisation – Economist

Xinjiang, Tense Chinese Region, Adopts Strict Internet Controls – New York Times

White House Voices Concerns about China Cyber Law – Reuters

Top Chinese Financier Pleads Guilty to Insider Trading – New York Times

Confessions Made under Duress Tarnish China’s Graft Fight, Report Says – New York Times