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Bloomberg (February 19)

2024/ 02/ 20 by jd in Global News

China’s Communist Party appears poised to “play a bigger role in steering its vast technology industry, the latest sign that Beijing intends to exert more influence over swathes of the world’s No. 2 economy.” In response, shares in the nation’s listed chipmakers “slid more than 2% as investors pondered the ramifications of greater state control, which has yielded mixed results so far.”

 

Barron’s (January 24)

2024/ 01/ 24 by jd in Global News

“The continued slide in Chinese stocks toward lows set more than a decade ago may be mobilizing Beijing’s policymakers into action. But it isn’t clear if it will be enough to help the country’s embattled economy or improve sentiment in a meaningful way.”

 

Bloomberg (January 11)

2024/ 01/ 12 by jd in Global News

“Years of harrowing losses have left Chinese stocks with a diminished standing in global portfolios.” The trend is “likely to accelerate as some of the world’s biggest funds distance themselves from the risk-ridden market.” Furthermore, what began “as a performance-driven exodus now risks becoming a structural shift due to a toxic combination of doubts over Beijing’s long-term economic agenda, a prolonged property crisis and strategic competition with the US.”

 

The Week (January 5)

2024/ 01/ 07 by jd in Global News

Taiwan’s January 13 presidential election “will have major implications for domestic and global politics.” Current president Tsai Ing-wen is limited to two terms and must step down. Current favorite Vice President Lai Ching-te is likely to continue cozy relations with the U.S., further distancing Taipei and Beijing. His victory might “rankle Xi’s government and increase pressure in the form of military activities around the island.”

 

Reuters (November 16)

2023/ 11/ 18 by jd in Global News

“Restructuring a restructuring isn’t good news. Alibaba scrapped the spinoff of its prized cloud computing business, blaming U.S. curbs on advanced chips,” causing its shares over 10% lower. “The U-turn dashes market expectations of stability among technology companies after the end of Beijing’s years-long regulatory crackdown. The country’s weak economy and bad geopolitics mean the sector hasn’t yet hit a bottom.”

 

Forbes (October 15)

2023/ 10/ 16 by jd in Global News

“Amid chatter about the ‘Japanification’ of China’s economy, it’s wise to keep an eye on how Beijing’s troubles might scuttle Tokyo’s recovery, too…. Japan is uniquely vulnerable to China’s downshift amid myriad global headwinds and other dynamics—including controversies over patents.”

 

Washington Post (July 1)

2023/ 07/ 02 by jd in Global News

July 1 “used to be a day of celebration in the city. Now, it has morphed into a morbid reminder of Hong Kong’s tragic decline under the ever-worsening repression brought on by Beijing.” Hong Kong’s tragedy has great bearing for Taiwan. It “proves that Beijing’s proposal of ‘one country, two systems’ is a delusion — and that any promises Xi makes regarding Taiwan’s continued autonomy under reunification are worthless.”

 

The Telegraph (July 1)

2023/ 07/ 01 by jd in Global News

“Twenty-six years ago today, Hong Kong was handed over to China on a promise…. Beijing made the commitment, under an international treaty, to protect Hong Kong’s freedoms, the rule of law, human rights, way of life and autonomy.” China has effectively “ripped up its promises. If there is one lesson from the city’s suffering, it is that China cannot be trusted on any commitments it makes to the West.”

 

Washington Post (June 22)

2023/ 06/ 23 by jd in Global News

“America’s Asian allies are quietly joining forces to confront China.” Beijing may want “to split off Asian allies from the United States and each other, but its actions are pushing them together.” Amid perceived threats from China, “mini-laterals” have been cropping up, including the very first meeting of JAROPUS, which brought together “national security advisers from Japan, the Republic of the Philippines and the United States.”

 

Time (May 22)

2023/ 05/ 22 by jd in Global News

“Ukraine’s Volodymyr Zelensky was the undisputed star of the G7. But Summit’s focus remained firmly on China…. The bulk of business in Hiroshima was not focused on Vladimir Putin’s war of choice, but some 3,600 miles east of Moscow: Beijing’s growing assertiveness.”

 

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