Los Angeles Times (October 3)
“Fear of China is not a Western machination.” China likes to blame the West for stirring up trouble, but this year’s “massive protests in Taipei and Hong Kong show that fear of China is most acute along its own borders…. It is the inhabitants of greater China—the ones whom Beijing hopes one day to incorporate into a unified motherland—who fear China the most. They are protesting Chinese encroachments in far greater numbers than either the Vietnamese or Japanese.”
Wall Street Journal (July 2)
The decision by the Cabinet to reinterpret the constitution and allow for Japan’s collective self-defense is “a momentous and long overdue decision that strengthens the security of Asia’s democracies. Perhaps as important, it will force Beijing to contemplate how its aggressive behavior in the East China Sea invited Japan to take a more active role in the region.”
Tags: Aggressive, Asia, Beijing, Cabinet, Collective, Constitution, East China Sea, Japan, Region, Reinterpret, Security, Self-defense
Institutional Investor (June 3)
“It’s been 25 years since the government cracked down on pro-democracy demonstrators in and around Beijing’s Tiananmen Square.” Today, most younger Chinese have little awareness of the seminal event, and authorities are “taking extraordinary measures” to make sure the anniversary “passes without incident, or indeed recognition of any kind.”
Tags: Anniversary, Authorities, Awareness, Beijing, China, Crack down, Demonstrators, Government, Pro-democracy, Tiananmen Square
Wall Street Journal (June 1)
At this year’s annual Shangri-La Dialogue in Singapore, tensions were on full display. Chinese officers spoke in ways that “only reinforced fears that Beijing is on a collision course with the U.S. They accused the U.S. and Japan of using coercion and acting hegemonically, when everyone else in region says that describes Chinese behavior.”
Tags: Beijing, China, Coercion, Collision course, Japan, Officers, Shangri-La Dialogue, Singapore, Tension, U.S.
Forbes (February 10, 2014)
“Beijing is becoming more dependent on the U.S. and the rest of the world for its strength and prosperity.” Though it may be the largest holder of U.S. Treasuries, this is not a sign of strength. “The idea that a government gains strength by piling up dollars or other foreign currencies is a mercantilist holdover from the 16th to 18th centuries, when France, Spain and others thought amassing gold and silver was how a country became wealthy. Trade, not hoarding, makes for a powerful economy.”
Tags: Beijing, China, Currencies, Dependent, Dollars, Economy, France, Gold, Government, Hoarding, Mercantilist, Prosperity, Silver, Spain, Strength, Trade, U.S. Treasuries, Wealth
Wall Street Journal (January 9, 2014)
“Recent numbers and announcements out of Beijing suggest that one of the biggest global risks for 2014 is a Chinese economic slowdown. Five years after unveiling the most massive economic stimulus program the world has ever seen, the bills are coming due. And while a crash remains unlikely, deleveraging could uncover some nasty surprises in the financial system.”
Tags: Beijing, China, Crash, Deleveraging, Economic stimulus, Financial system, Risk, Slowdown
Financial Times (December 4, 2013)
“Beijing, in its dispute with Japan, risks repeating the errors of an earlier era that led to war.” Though war is not inevitable, the risk has risen in a manner eerily reminiscent of how Germany set tinder that ultimately ignited, propelling Europe into the First World War. “One wonders why the Chinese leadership thinks asserting sovereignty over a few rocks worth the risk. Yes, China may get away with it this time and the next, and the time after that. But each throw of the dice renews the risks. What gains can justify the possible losses?” With tension and mistrust rising and “for the sake of the longer-term interests of the Chinese people, Mr Xi should think again – and halt.”“Beijing, in its dispute with Japan, risks repeating the errors of an earlier era that led to war.” Though war is not inevitable, the risk has risen in a manner eerily reminiscent of how Germany set tinder that ultimately ignited, propelling Europe into the First World War. “One wonders why the Chinese leadership thinks asserting sovereignty over a few rocks worth the risk. Yes, China may get away with it this time and the next, and the time after that. But each throw of the dice renews the risks. What gains can justify the possible losses?” With tension and mistrust rising and “for the sake of the longer-term interests of the Chinese people, Mr Xi should think again – and halt.”
Tags: ADIZ, Beijing, China, Europe, Gains, Germany, Interests, Japan, Losses, Mistrust, Risks, Sovereignty, Tension, WWI, Xi
Institutional Investor (November Issue)
“After three decades of breakneck economic growth, China is cleaning up its act. Lately, Beijing has been rolling out a raft of environmental regulations, chief among them June’s announcement of ten measures to improve urban air quality, including a target to reduce emissions from highly polluting industries by 30 percent within four years.”
Tags: Air quality, Beijing, China, Economic growth, Emissions, Environmental regulations, Highly polluting industries, Urban
New York Times (October 10)
A study at the University of Hawaii finds that “by 2047, plus or minus five years, the average temperatures in each year will be hotter across most parts of the planet than they had been at those locations in any year between 1860 and 2005.” The researchers calculated the expected “climate departure,” the year when a location exceeds its historic temperature range, as 2046 for Beijing, 2047 for New York and Washington D.C., and 2063 for Moscow. Climate departure will come even earlier for tropical areas.
Tags: Beijing, Climate departure, Moscow, New York, Planet, Temperature, Tropics, University of Hawaii, Washington D.C.
Financial Times (July 25)
“Since taking office in the spring, the new Chinese leadership knew it had to boost a slowing economy, while, at the same time, rebalancing it away from state-driven investment. Some of the measures included in the ‘mini-stimulus’ Beijing announced on Wednesday strike this difficult balance.” By cutting red tape for exporters and taxes for small companies, the package may succeed in letting “hundreds of small firms bloom.”
Tags: Beijing, China, Economy, Exporters, Leadership, Rebalancing, Slowing, Stimulus, Taxes
