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
The Economist (June 16)
“India and China have their first deadly clashes in 45 years.” Although “artillery and tanks” stayed quiet, front-line soldiers engaged wielding “only sticks and stones.” When “the final rocks had been thrown, at least 20 Indian troops lay dead….Chinese casualties are unknown.” The hostilities are “a sign of worrying military escalation between Asia’s giants.”
Tags: Artillery, Casualties, China, Clashes, Escalation, Front-line, Hostilities, India, Soldiers, Sticks, Stones, Tanks
Bloomberg (June 15)
With the U.S. and China poised for a “Great Decoupling,” many American “executives worry they will be shut out of what remains the world’s most promising market. The more the U.S. blocks the export of components like semiconductors and jet engines to China, and imposes tough sanctions on anyone who violates such bans, the more it will force not just Chinese companies to stop buying American components but those from third countries aiming to sell to China.”
Tags: Bans, China, Executives, Exports, Great Decoupling, Jet engines, Market, Promising, Sanctions, Semiconductors, U.S.
The Economist (June 6)
“Until recently, conventional wisdom held that Hong Kong’s position would be assured for 20-30 years…. But the trade war, a year of street protests and China’s iron-fisted response to them raise new questions about Hong Kong’s durability.” So far, there is little evidence of capital flight, but the territory must again rise to the challenge or “its time as a global financial centre really will be up.”
Tags: Capital flight, China, Durability, Global financial centre, Hong Kong, Iron-fisted, Protests, Trade war, Wisdom
Wall Street Journal (May 3)
“Global brands are hoping China’s gigantic consumer market will help rekindle growth as the world tries to recover from the coronavirus pandemic. They are facing an uphill battle.” Despite “seeing a solid bounceback in China… a full return to normal, much less growth, is proving harder because so many people have lost jobs and income, or want to save more.”
Tags: Bounceback, China, Consumer market, Coronavirus pandemic, Global brands, Growth, Income, Jobs, Normal, Recover
Wall Street Journal (April 23)
“As U.S.-China tensions increase, the chance of a miscalculation grows,” especially in the South China Sea. “China’s recent behavior has badly damaged its claims to be a global stakeholder that plays by the rules. The U.S. is right to make clear that it remains a Pacific power and that the coronavirus hasn’t lessened its resolve.”
Tags: Behavior, China, Claims, Coronavirus, Miscalculation, Pacific, Resolve, Rules, South China Sea, Tensions, U.S.
Chicago Tribune (April 20)
J.B. Pritzker, the Illinois governor, has done “more than this inadequate and lame leader in Washington. Pritzker has donated $2 million of his own personal money, as well as is dealing with China directly to get PPE supplies instead of waiting on this dysfunctional administration. He has taken the bull by the horns to try and save people.”
Tags: China, Donated, Dysfunctional, Governor, Illinois, PPE, Pritzker, Supplies, Trump, Washington
South China Morning Post (April 17)
“China’s economy shrank by 6.8 per cent in the first quarter of 2020, the first contraction since the end of the Cultural Revolution in 1976, confirming the economic damage done by the coronavirus pandemic.” The massive contraction “was worse than predictions of minus 6.0 per cent from a survey of analysts’ forecasts by Bloomberg.”
Tags: Analysts, China, Contraction, Coronavirus, Cultural Revolution, Economic damage, Economy, Pandemic
Reuters (April 13)
“China fears a rise in imported cases could spark a second wave of COVID-19 and push the country back into a state of near paralysis.” Bordering Russia, China’s Heilongjiang province has become the new hotspot. On Sunday, “a total of 108 new coronavirus cases were reported…, up from 99 a day earlier and marking the highest number of cases since 143 infections were reported on March 5.”
New York Times (March 29)
The Covid-19 crisis has awakened “a sleeping giant” in China. “How the ruling Communist Party manages the coming months will help shape how hundreds of millions of young people see its authoritarian political bargain for decades to come.” The “generational awakening… could match the defining effects of World War II” and it “could disrupt the social stability on which the Communist Party depends.”
Tags: Authoritarian, Awakened, CCP, China, COVID-19, Crisis, Disrupt, Sleeping giant, Social stability, WWII, Young
