Reuters (November 28)
“Thousands of people are taking to the streets in several cities across the country in an unprecedented protest against the government’s stringent COVID restrictions.” This sort of unrest “does not happen very often, and the world is watching intently to see how Beijing handles the brewing crisis.”
Tags: Beijing, China, Cities, COVID restrictions, Government, People, Protest, Stringent, Thousands, Unprecedented, Unrest
Washington Post (November 4)
“This week has brought a flurry of speculation over the possibility that Beijing might alter course nearly three years into the pandemic. Investors are watching for signs of recovering demand in China, the world’s second-largest economy, and an end to disruptions to manufacturing and transport that have affected global supply chains.”
Tags: Beijing, China, Disruptions, Economy, Investors, Manufacturing, Pandemic, Possibility, Recovering demand, Signs, Speculation, Transport
USA Today (February 21)
“They have come to an end, the strangest, most controversial, most unwelcoming Olympic Games of our lifetime…. This wasn’t a joyous festival of sport; this was a forbidding fortress of separation.” Furthermore, “the issues emanating from Beijing’s Olympics were far more serious, making the Tokyo Olympics look almost normal by comparison.”
Tags: Beijing, Controversial, End, Festival, Forbidding, Fortress, Joyous, Olympic Games, Separation, Serious, Sport, Strangest, Unwelcoming
Financial Times (January 28)
“Oaktree Capital is risking a showdown with Beijing over control of one of ailing property developer Evergrande’s most-prized projects in mainland China.” Seizing “the Venice development could have a profound effect on the wider restructuring of Evergrande, the property developer that has scrambled to reassure its creditors since its finances started to unravel last year.”
Tags: Ailing, Beijing, China, Control, Creditors, Evergrande, Oaktree Capital, Property developer, Restructuring, Risking, Showdown, Venice development
Investment Week (November 12)
“The world’s two biggest emitters, who had been trading insults for the first week of the conference,” surprised the world with “a joint declaration that would see Washington and Beijing cooperate closely on the emissions cuts scientists say are needed in the next ten years to stay within 1.5C.”
Tags: Beijing, Conference, Cooperate, Emissions, Emitters, Joint declaration, Scientists, Trading insults, Washington
Wall Street Journal (October 18)
“China’s economy grew 4.9% in the third quarter from a year earlier, slowing sharply from the previous quarter’s 7.9% growth rate, as power shortages and supply-chain problems added to the impact from Beijing’s efforts to rein in the real estate and technology sectors.” A slowdown was expected, but results fell short of “the 5.1% growth forecast” economists provided last week.
Tags: Beijing, China, Economy, Forecast, Growth, Impact, Power shortages, Problems, Real estate, Slowdown, Supply chain, Technology
Financial Times (September 22)
“While Evergrande’s US dollar bonds are trading at levels that suggest default, Beijing is unlikely to allow the company’s woes to proliferate to the point at which they risk creating a systemic crisis. The correct way to view the Evergrande meltdown is to see it as a controlled explosion. Beijing is teaching the developer a very public and painful lesson.”
Tags: Beijing, Bonds, Controlled, Default, Evergrande, Explosion, Lesson, Meltdown, Painful, Risk, Systemic crisis, Trading
Wall Street Journal (January 1)
“The crackdown continues in Hong Kong, and this week the Chinese government made an example of the territory’s most prominent political prisoners.” Beijing has now adopted “Soviet or North Korean behavior, and we hope that Joe Biden and his officials will speak plainly against it.”
Tags: Behavior, Beijing, Biden, Chinese, Crackdown, Government, Hong Kong, North Korean, Political prisoners, Prominent, Soviet, Territory
Wall Street Journal (July 2)
“China’s decision to impose its national-security law on Hong Kong is a seismic event that goes well beyond the sad fate of its 7.5 million people. The illegal takeover shows that Beijing’s Communist rulers are willing to violate their international commitments with impunity as they spread their authoritarian model.”
Tags: Beijing, China, Commitments, Communist, Fate, Hong Kong, Illegal, Impunity, National-security law, Rulers, Seismic, Takeover, Violate
Washington Post (May 24)
“Beijing has just hammered the final nail in the coffin for Hong Kong’s autonomy. The promise of “one country, two systems” is dead.”
