New York Times (August 28)
“Under Xi Jinping, the Communist Party’s most powerful leader since Mao, China has taken a hard ideological turn against unfettered private enterprise. It has set out a series of strictures against “disorderly” corporate expansion. No longer will titans of industry be permitted to march out of step with the party’s priorities and dictates.”
Tags: China, Communist, Corporate expansion, Dictates, Disorderly, Ideological, Industry, Leader, Mao, Powerful, Private enterprise, Strictures, Unfettered, Xi
Wall Street Journal (February 28)
“Hong Kong authorities moved this weekend to imprison nearly the entire opposition movement. The message is that anyone who runs as a pro-democracy candidate will be treated as a criminal…. China is violating its international obligations as it tramples Hong Kong’s freedoms. So far it has paid little price, which the world may come to regret as President Xi Jinping sets his sights on Taiwan.”
Tags: Candidate, China, Criminal, Freedoms, Hong Kong, Imprison, Obligations, Opposition movement, Pro-democracy, Regret, Taiwan, Tramples, Violating, Xi
Time (February 16 edition)
Despite amassing enormous power, President Xi has struggled to manage major issues. “These include popular unrest in semiautonomous Hong Kong, a disruptive trade war with the U.S. and now an unfolding health crisis.” The coronavirus appears to be the biggest challenge. It “threatens to undermine further his mission to have China stake out the next century as America did the last.”
New York Times (November 26)
“Citizens voted overwhelmingly for pro-democracy candidates” in Hong Kong’s local election this Sunday. “If the Chinese leadership under Xi Jinping had thought that there was a silent majority opposed to the disruptive protests, the turnout and result made clear that a vast majority of Hong Kongers treasure their relative freedoms and have no intention of letting Beijing whittle them away.”
Tags: Candidates, China, Citizens, Election, Hong Kong, Leadership, Overwhelmingly, Pro-democracy, Protests, Turnout, Vote, Xi
New York Times (April 3)
“President Trump and President Xi Jinping of China will probably soon reach a trade agreement, but that won’t solve the biggest problems…. A good trade deal with China is welcome. But when so many Americans are dying from Chinese fentanyl, when one million Muslims are interned, when Emperor Xi is dragging China in the wrong direction, let’s not celebrate but, instead, keep up the international pressure.”
Tags: China, Fentanyl, International pressure, Muslims, Trade agreement, Trump, Xi
BBC (February 21)
“Chinese President Xi Jinping last year officially opened a bridge connecting Hong Kong to Macau and the mainland Chinese city of Zhuhai—the world’s longest sea crossing bridge—as part of China’s plan to connect Greater Bay Area.” This ambitious plan seeks to spur economic development and “lays out strategic visions for the major cities in the region to become hubs in different sectors.” For example, “Hong Kong would strengthen its status as a finance and trade hub” while Shenzhen would be a tech hub and “Macau would focus on tourism.” An impressive plan, but “analysts question whether its lofty goals can be achieved.”
Tags: Ambitious, China, Finance, Greater Bay Area, Hong Kong, Macau, Shenzhen, Tech hub, Trade, Xi, Zhuhai
Bloomberg (December 28)
“Who is the most important and disruptive leader in the world today? Most Americans would probably answer, Donald Trump—with Russia’s Vladimir Putin running a close second.” There is, however “a strong case that China’s Xi Jinping may deserve the title.”
Bloomberg (December 3)
Trump and Xi gave “markets the most they could have expected,” which wasn’t that much. Still, they avoided the “risk of a serious downside (an angry confrontation and a meeting ending with recriminations and no agreement).” While some may see justification for “risk on” investing, it’s worth noting that this truce is only temporary, “in the longer term, all the risks remain in place.”
Tags: Confrontation, Downside, Markets, Recriminations, Risk, Temporary, Truce, Trump, Xi
Bloomberg (September 19)
“Trump has badly miscalculated Xi’s willingness to endure a lot of economic suffering to avoid surrender. Trump has also miscalculated who will be hurt by his tariffs; in many cases it will be American consumers and companies.”
Tags: Companies, Consumers, Endure, Miscalculated, Suffering, Surrender, Tariffs, Trump, U.S., Willingness, Xi
Wall Street Journal (September 19)
“If Mr. Trump wants to change Chinese behavior, he should first finish a new Nafta, drop his blunderbuss steel tariffs on allies, forget new auto tariffs, negotiate a zero tariff deal with Europe, and re-enter the Trans-Pacific Partnership.” Then he could “lead a coalition to confront Xi Jinping from a position of strength with targeted trade enforcement rather than scattershot tariffs. The real worry is that Mr. Trump supports tariffs for their own sake, and he may not want a China deal. With Donald Trump and trade, you never know.”
