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.”
OilPrice.com (October 9)
“Now that Brent has lost more than $13 since its mid-September spike many are saying that Middle East risk is underpriced. We’re taking a different view…. Washington and Beijing still pose more of a threat to oil prices than Tehran and Riyadh.”
Tags: Beijing, Brent, China, Middle East, Oil prices, Risk, Riyadh, Spike, Tehran, Threat, U.S., Underpriced, Washington
LA Times (September 6)
Carrie Lam’s tone-deaf withdrawal of the extradition bill may mark “the beginning, rather than the end, of more turbulence in Hong Kong.” It further fueled the groundswell of support. “This movement is the endgame for many in Hong Kong. People would rather sacrifice their own future than submit to authoritarian rule…. Beijing and the government must come to terms with the inconvenient truth that autocracy and repression have radicalized a single-issue movement into a people’s uprising for freedom and democracy.”
Tags: Authoritarian rule, Autocracy, Beijing, Endgame, Extradition bill, Freedom, Government, Hong Kong, Lam, Repression, Sacrifice, Submit, Tone-deaf, Turbulence
South China Morning Post (September 2)
“Hong Kong will have to endure more of the protest-ridden heat as the unrest continues beyond summer. And it’s going to heat up indeed. So the question remains… how long before Beijing runs out of patience?”
The Economist (June 15)
The majority of Hong Kong’s courageous protestors were “young—too young to be nostalgic about British rule. Their unhappiness at Beijing’s heavy hand was entirely their own…. The Communist Party has been making clear that it will tolerate no more insubordination—and yet three days later demonstrators braved rubber bullets, tear gas and legal retribution to make their point. All these things are evidence that, as many Hong Kongers see it, nothing less than the future of their city is at stake.”
Tags: Beijing, British, Bullets, Communist party, Courageous, Future, Heavy hand, Hong Kong, Insubordination, Nostalgic, Protestors, Tear gas, Young
