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Undated:
Trump’s Conflicts of Interest in China China has been busy buying
Trump properties since the election and has granted Trump a long-sought series
of trademarks in the country—just days after Trump reversed his position on
Taiwan.
https://www.americanprogress.org/series/trumps-conflicts-of-interest/view/
-- 2015 --
Back to top
June 16: Trump On his love of China: “I’m not saying they’re stupid. I like
China. I just sold an apartment for $15 million. Am I supposed to dislike ‘em? …
People say you don’t like China. No, I love them. But their leaders are much
smarter than our leaders. And we can’t sustain ourselves with that. It’s like,
take the New England Patriots and Tom Brady and have them play your high school
football team.”
http://www.politico.com/story/2015/06/donald-trump-2016-announcement-10-best-lines-119066
-- 2017 --
Back to top
March 3: [From Sebastian Gorka, a top
counterterrorism adviser to President Donald Trump:] China is the world's last
communist dictatorship. It may be running around doing quasi-capitalist things
but it is a one party state and to say that we have shared interests. No Mr.
Trump, we don't and we should really stick to the friends we already have."
http://www.cnn.com/2017/03/03/politics/kfile-gorka-trump-criticism/index.html
March 3: “If you have a broad historical
sense you will understand that even if Putin says he’s killing terrorists or
even if China says they’re fighting the Uyghur nationalists that doesn’t mean
they’re on our side,” [Sebastian] Gorka told Fox News’ Jeanine Pirro last May.
“Putin is a former KGB colonel, he’s a thug, he’s a vicious man. He runs a
country in which journalists get murdered if they disagree with the Kremlin... ”
https://talkingpointsmemo.com/livewire/gorka-was-critical-of-trump
China remains one of North Korea's only allies and is responsible for much of
the heavily-sanctioned nation's economy.
http://www.cnn.com/2017/04/27/politics/rex-tillerson-north-korea-china/index.html
On Twitter: North Korea disrespected the wishes of China & its highly
respected President when it launched, though unsuccessfully, a missile today.
Bad!
April 28
@realDonaldTrump
April 29: Senator slams Trump’s North Korea tweet: ‘This is no
longer reality TV’ ... Democratic Sen. Chris Coons slammed President Donald
Trump’s tweet Saturday about North Korea’s latest missile test, saying Twitter
is no place to conduct diplomacy.
Trump took to Twitter shortly after the ballistic missile blew up over land in
North Korean territory. He decried the failed test while giving a nod to China,
one of North Korea’s only allies and a nation seen by the Trump administration
as a potential US ally in efforts to quash Pyongyang’s nuclear program.
http://q13fox.com/2017/04/29/senator-slams-trumps-north-korea-tweet-this-is-no-longer-reality-tv/
July 6: China shows no sign of caving to
U.S. pressure to tighten the screws on North Korea, while the North's recent
missile tests have done little to rattle Beijing ...
http://abcnews.go.com/International/wireStory/us-china-gap-nkorea-policy-widening-interests-diverge-48466993
August 14: President Donald Trump on Monday
authorized an inquiry into China’s alleged theft of intellectual property in the
first direct trade measure by his administration against Beijing, but one that
is unlikely to prompt near-term change.
https://www.reuters.com/article/us-usa-trump-trade-china/trump-orders-probe-of-chinas-intellectual-property-practices-idUSKCN1AU23N
August 14: CIA Director Mike Pompeo distorts
China’s nuclear policy
CIA Director Mike Pompeo misrepresented the facts when he
suggested the Trump administration was responsible for changing China’s policy
on North Korea’s nuclear weapons program.
https://www.usatoday.com/story/news/politics/2017/08/14/fact-check-cia-director-mike-pompeo-distorts-chinas-nuclear-policy/566552001/
August 14: The softened language in Monday's
order is the second time in as many weeks that Trump has agreed to changes to
ease the potential backlash from China. Last week, the administration delayed
the trade move in favor of securing China's support for a United Nations
resolution imposing new sanctions on North Korea.
http://money.cnn.com/2017/08/14/news/trump-trade-china-ip/index.html
November 9: Instead of lashing China for
trade practices he once compared to rape and theft, he praised the country and
its powerful leader, Xi Jinping, for cunningly exploiting the US to benefit his
own citizens -- and harm American workers.
"Who can blame a country for being able taking advantage of another country for
the benefit of its citizens?" Trump said as Xi watched on from a few feet away.
Nervous laughter rippled through the crowd of Chinese and American business
executives, whose firms are inking new deals here in a spectacle meant to
demonstrate Trump's negotiating prowess.
"I give China great credit," he added. "In actuality, I do blame past
administrations for allowing this trade deficit to take place and grow."
http://www.cetusnews.com/news/Trump-trades-barbs-for-flattery-to-win-over-China.Bk7IC6pWJM.html
November 15: Trump's Diplomacy Probably
Pushed China To Start Talks With North Korea, Experts Say
China will soon send a senior diplomat to visit North Korea for the first time
in two years, indicating that President Donald Trump's recent pressure on
Beijing to tackle Kim Jong Un's regime and its nuclear program might finally be
working, experts say.
Chinese state media
reported on President Xi Jinping's decision Wednesday, days after Trump
finished a 12-day Asia tour in which he visited China and pleaded with regional
leaders to confront Kim.
“I don’t believe in coincidences, and they are sending this guy right after
Trump’s visit,” Robert Manning, a former State Department official and East Asia
expert, told Newsweek. “There was a comfort level between Xi and Trump
on North Korea during this recent visit. But we don’t know what they’ve agreed
to.”
http://www.newsweek.com/trump-china-north-korea-diplomat-visit-deal-712559
-- 2018 --
Back to top
January 24: A Chinese wind turbine maker’s
conviction in Wisconsin over the theft of software code is threatening to
ratchet up already tense trade negotiations between the U.S. and China. It also
sent the shares of U.S. software maker
American Superconductor Corp. surging.
Sinovel Wind Group Co. was found guilty
of orchestrating the theft in a rare criminal trade-secrets trial that’s raised
doubts over China’s commitment to fighting infringement of intellectual property
and corporate espionage.
https://www.bloomberg.com/news/articles/2018-01-24/chinese-firm-sinovel-convicted-in-u-s-of-trade-secret-theft
January 30: CIA chief says China 'as big a
threat to US' as Russia ... Chinese efforts to exert covert influence over the
West are just as concerning as Russian subversion, the director of the CIA has
said.
Mike Pompeo told the BBC that the Chinese "have a much bigger footprint" to do
this than the Russians do.
As examples he cited efforts to steal US commercial information and infiltration
of schools and hospitals - and this extended to Europe and the UK.
http://www.bbc.com/news/world-us-canada-42867076
February 20: The Chinese government directly
holds about $1.132 trillion in U.S. Treasury securities, making it the largest
foreign holder of U.S. debt. China does not reveal exactly how much euro debt it
holds, but the amount is believed to be far less than U.S. Treasury securities.
https://www.washingtonpost.com/world/asia_pacific/china-cautious-on-euro-bailout/2012/02/23/gIQA5hYzfR_story.html?utm_term=.2b0d319be8c1
February 20: President Trump is considering
more tariffs that would punish China. But he needs China more than ever in the
coming years to pay for the U.S. government.
China is by far the largest holder of Treasuries, the debt that the United
States sells in the form of bonds when it needs to borrow money. China's
holdings
just passed $1 trillion.
http://money.cnn.com/2018/02/20/news/economy/china-us-trade-gap-government-debt/index.html
March 2: China delayed a U.S. request for a
United Nations Security Council committee to blacklist 33 ships, 27 shipping
companies, and a Taiwan man for violating international sanctions on North
Korea, diplomats said on Friday.
https://www.reuters.com/article/us-northkorea-missiles-un/at-u-n-china-delays-u-s-bid-to-blacklist-ships-companies-over-north-korea-idUSKCN1GE2Z5
March 2: How Will Trump’s Tariffs Affect
U.S.-China Relations?
http://www.chinafile.com/conversation/how-will-trumps-tariffs-affect-us-china-relations
March 3: President Donald Trump bemoaned a
decision not to investigate Hillary Clinton after the 2016 presidential
election, decrying a "rigged system" that still doesn't have the "right people"
in place to fix it, during a freewheeling speech to Republican donors in Florida
on Saturday.
In the closed-door remarks, a recording of which was obtained by CNN, Trump also
praised China's President Xi Jinping for
recently consolidating power and extending his potential tenure, musing he
wouldn't mind making such a maneuver himself.
"He's now president for life. President for life. No, he's great," Trump said.
"And look, he was able to do that. I think it's great. Maybe we'll have to give
that a shot some day."
https://www.cnn.com/2018/03/03/politics/trump-maralago-remarks/index.html
March 4: Trump trade war: China vows
retaliation if tariffs bite
http://www.bbc.com/news/world-asia-china-43278458
March 5: China's global trade plan is piling
huge debt on smaller nations ... Big loans from China can come with big
headaches.
A
new report says China's massive plan to pump hundreds of billions of dollars
into ports, rail lines and other projects across Asia, Europe and Africa could
pile debt problems onto smaller countries.
Loans from China's Belt and Road Initiative "will significantly add to the risk
of debt distress" for eight countries, including Pakistan, Montenegro and
Djibouti, according to a report published Sunday by the Center for Global
Development, a US-based nonprofit think tank.
http://money.cnn.com/2018/03/05/news/economy/china-belt-road-debt-pakistan-laos/index.html
March 5: How Trump's tariffs could hand
trade leadership to China ... "If the U.S. abdicates as champion of the
international trading system, China may be the only country that can take the
reins. The question is, what would that mean for the current system of open and
free markets?"
https://www.cbsnews.com/news/is-trump-ceding-global-trade-leadership-to-china/
March 10: China’s growing African footprint
could lock the US out from its lone Africa base
https://qz.com/africa/1226148/rex-tillerson-in-africa-chinas-increasing-footprint-in-djibouti-worries-us-camp-lemonnier/
March 22: Trump slaps China with tariffs on
up to $60 billion in imports: 'This is the first of many'
https://www.cnbc.com/2018/03/22/trump-moves-to-slap-china-with-50-billion-in-tariffs-over-intellectual-property-theft.html
March 22: Dow dives 724 points as Trump's
China tariffs sink in
Trump’s decision to levy tariffs on Chinese importsfueled concerns on Wall Street that other nations
will retaliate with their own measures targeting U.S. trade. Investors are also
weighing the impact on manufacturers and other companies that could be hit with
higher costs. The administration recently imposed tariffs on aluminum and steel,
although it exempted some nations including Canada and Mexico.
“For companies that sell to China, or indeed any country outside the U.S., the
effects are likely to be negative—which is why markets are reacting again,” Brad
McMillan, chief investment officer for Commonwealth Financial Network, wrote in
a note to clients.
https://www.foxbusiness.com/markets/dow-dives-724-points-as-trumps-china-tariffs-sink-in
March 22:
Can Trump succeed in curbing China's intellectual property 'theft'?
Intellectual property (IP) is back in focus as US President Donald Trump slaps
wide-ranging tariffs on China for allegedly stealing American technology and IP,
and eroding US firms' competitive edge.
https://www.dw.com/en/can-trump-succeed-in-curbing-chinas-intellectual-property-theft/a-40136538
March 23: How much has the US lost from
China's IP theft?
The United States has long said that intellectual property theft has cost the US
economy billions of dollars in revenue and thousands of jobs.
http://money.cnn.com/2018/03/23/technology/china-us-trump-tariffs-ip-theft/index.html
April 4: "I think the marketplace is
speaking for itself. Hog futures are down. Stock market is down," says David
Preisler, the CEO for the Minnesota Pork Board. "There are some pieces in the
President's trade policy that we really like, but this is a big piece that we
don't."
Though Republicans and industry experts in key congressional districts from
Minnesota to Florida argue that Trump has been good for their bottom lines, they
acknowledge that a trade war that makes it harder for American products to be
sold in key Chinese markets would not reflect well on Trump's trade rhetoric --
or his midterm hopes.
https://www.cnn.com/2018/04/04/politics/donald-trump-china-2018-iowa/index.html
April 6:
The Dow closed down 572 points, a drop of 2.3%, after President Trump threatened
to escalate a confrontation with China over trade. It fell as much as 767 points
earlier in the day. The S&P 500 and the Nasdaq each declined more than 2%.
... Dow tumbles 572 points as trade war fears pummel stocks
http://money.cnn.com/2018/04/06/investing/stock-market-dow-jones-trade-war-china/index.html
April 16: China’s holdings of U.S.
Treasuries rose in February, as net new foreign purchases increased to their
largest since May 2017, data from the Treasury Department showed on Monday.
Data showed China’s holdings rose to $1.177 trillion from $1.168 trillion in
January. China remains the largest non-U.S. holder of Treasuries.
“This was sort of a giveback with respect to China,” said Gennadiy Goldberg,
interest rates strategist at TD Securities in New York. “China did buy $8-1/2
billion in Treasuries in February, but they actually sold $16.7 billion the
previous month.”
https://www.reuters.com/article/usa-treasury-securities/update-1-china-holdings-of-u-s-treasuries-increase-in-february-data-idUSL1N1RT1XB
April 20: China challenged Australian
warships in South China Sea, reports say
https://www.cnn.com/2018/04/20/asia/australia-china-south-china-sea-intl/
May 15: State
Department hits China for shutting down church service
"We are deeply concerned by the Chinese government’s reported harassment of the
Early Rain Covenant Church, in Chengdu, Sichuan Province after they planned to
hold a memorial service on May 12, for the victims of the 2008 Wenchuan
earthquake," the department's spokeswoman Heather Nauert said in a statement.
"The United States government joins the people of China in mourning the loss of
tens of thousands of lives in the tragedy, and notes the value of memorializing
their lives and calling for full accountability to prevent or mitigate future
disasters ..."
http://thehill.com/homenews/administration/387787-state-department-hits-china-for-shutting-down-church-service
May 15: Top intelligence official says
Chinese ZTE cellphones pose security risk to U.S.
President Trump wants to help the Chinese firm, but a top intel official told
the Senate that ZTE cellphones may be used by the Chinese government to spy.
https://www.nbcnews.com/politics/congress/top-intelligence-official-says-chinese-zte-cellphones-pose-security-risk-n874276
May 15: Rep. Adam Schiff: Chinese deal
linked to Trump properties violates emoluments clause ... “I certainly view this
as a violation of the emoluments clause,” Mr.
Schiff, California Democrat, said on CNN.
Mr. Trump
tweeted on Sunday that he wanted federal officials to help get the Chinese phone
company ZTE back into business after U.S. penalties threatened to shut the
business down,
according to The Hill. The Huffington Post
reported that it was only 72 hours later that a Chinese company offered a
$500 million loan to an Indonesia construction project associated with
Mr. Trump’s
company.
https://www.washingtontimes.com/news/2018/may/15/adam-schiff-chinese-deal-linked-to-trump-propertie/
May 15: Is China Straight-Up Bribing Donald
Trump?
The president suddenly softens on
a Chinese business after Beijing bankrolls a Trump Organization project.
https://www.vanityfair.com/news/2018/05/is-china-straight-up-bribing-donald-trump-zte
May 20: US and China halt imposing import
tariffs
http://www.bbc.com/news/business-44190169
May 23: US issues alert after employee in
China reports 'abnormal' sound sensations
The US State Department is looking into whether the incident is a "sonic
attack," a US diplomatic official told CNN,
similar to what happened in Cuba in 2016 and 2017, which led to a reduction
in staffing at the nation's US embassy in Havana.
https://www.cnn.com/2018/05/23/asia/us-employee-china-sound-injury-intl/index.html
May
24: Trump on collision course with Congress on ZTE, the Chinese
telecommunications giant sanctioned for doing business with Iran and North
Korea.
Trump has publicly signaled his desire to ease the restrictions on ZTE as he
seeks China's cooperation on North Korea talks and hammering out a trade deal.
But Trump’s pivot on ZTE has received terrible reviews from Republicans in
Congress, who have joined with Democrats in passing measures to ensure the
restrictions are kept in place.
http://thehill.com/homenews/administration/389097-trump-on-collision-course-with-congress-on-zte
May 25:
President Donald Trump said the U.S. would allow Chinese
telecommunications-equipment maker ZTE Corp. to remain in business after paying
a $1.3 billion fine, changing its management and board and providing “high-level
security guarantees.”
Under the deal for ZTE to resume operations, it will also hire American
compliance officers to monitor its operations according to the people, who spoke
on condition of anonymity. Once ZTE complies, the Commerce Department will lift
an order under which the company had been cut off from U.S. suppliers including
Qualcomm
Inc., effectively shutting down its business.
http://fortune.com/2018/05/26/zte-fine-donald-trump-china/
May 27: China calls U.S. warships in South
China Sea 'a provocation'
The Defense Ministry said the ships "undermined strategic mutual trust" and
"damaged peace, security and good order in relevant waters."
https://www.nbcnews.com/news/world/china-calls-u-s-warships-south-china-sea-provocation-n877961
May 29: Trump’s trade war with China looks
like it’s back on
The White House said a week ago that tariffs were “on hold.” But now it’s moving
ahead with them.
https://www.vox.com/world/2018/5/29/17405130/trump-tariffs-china-trade-war
May 30: China hit back at U.S.
President Donald Trump’s plan to push ahead with tariffs on $50 billion of
Chinese imports despite a recent truce in the trade fight, saying it damages
America’s standing.
If the U.S. insists on unilateral measures, China will respond accordingly,
foreign ministry spokeswoman Hua Chunying told reporters in Beijing on
Wednesday. The White House said in a statement on Tuesday that a final list of
imported goods to be targeted will be released by June 15, and levies imposed
“shortly thereafter.”
http://fortune.com/2018/05/30/china-donald-trump-flip-flop-tariffs-trade-war/
June 5: US B-52s fly by contested islands
amid rising tensions with China
https://www.cnn.com/2018/06/04/politics/us-b52-spratly-flyover/index.html
June 6: Facebook says
it gave Huawei and other Chinese firms access to user data
http://money.cnn.com/2018/06/05/technology/facebook-huawei-china-data-sharing/index.html
June 18: Google to invest $550 million in
China e-commerce giant JD.com
https://www.reuters.com/article/us-jd-com-google/google-to-invest-550-million-in-china-e-commerce-giant-jdcom-idUSKBN1JE079
June 19: Senate votes overwhelmingly to
reverse White House deal with Chinese telecom ZTE, moves to House
https://abcnews.go.com/Politics/senate-votes-overwhelmingly-reverse-white-house-deal-chinese/story?id=55994166&cid=clicksource_4380645_1_hero_headlines_headlines_hed
June 20: Chinese
investment in the United States has plummeted 92% this year
The dramatic decline comes as the fight between Washington and Beijing over
trade escalates, and US regulators increase their scrutiny of Chinese
acquisitions.
"The more confrontational approach of the Trump administration toward economic
relations with China has cast some doubt, in these companies' minds, about their
position here," said Thilo Hanemann, a director at Rhodium Group and one of the
report's authors.
http://money.cnn.com/2018/06/20/investing/chinese-investment-united-states-falls/index.html
June 25: China's sudden currency slide
sparks rumors of an anti-Trump policy move
But analysts say while the currency has made a clear move lower since trade
rhetoric flared, the likelihood of China devaluing its currency to spite
President Donald Trump is very low. For now it appears the currency's drop could
just be a coincidence.
China has often been accused by the U.S. government of intentionally keeping its
currency depressed to cheapen its goods in the world market, making them more
attractive than those from countries with stronger currencies. The Trump
administration this year stopped short of calling China a ‘currency
manipulator,' and China’s currency has actually been fairly steady for most of
the year.
https://www.cnbc.com/2018/06/25/china-could-use-the-ultimate-policy-weapon-against-trump-but-so-far-i.html?recirc=taboolainternal
March 5:
Trump’s tariffs and bitcoin’s boom share the same unexpected source: Cheap
Chinese electricity
https://www.washingtonpost.com/
July 24: Education or espionage? A Chinese
student takes his homework home to China
Ruopeng Liu believes his work at a Duke lab was simply "fundamental research"
that he brought back to China. His former professor thinks otherwise.
Dr. David Smith of Duke University is one of the world's experts on something
called "metamaterials." Liu, who says he had long been a fan of Smith's, came to
the U.S. a dozen years ago with the express intent of studying at Smith's lab.
Some observers, including the former assistant director of counterintelligence
at the FBI, believe he was actually on a mission from the Chinese government.
https://www.nbcnews.com/news/china/education-or-espionage-chinese-student-takes-his-homework-home-china-n893881
July 30: USDA said it would use a
Depression-era farm support fund to make direct payments to producers of
soybeans, sorghum, corn, wheat, cotton, dairy and pork.
... some of the benefits could go to Chinese-owned companies.
“The pork industry is dominated by very large corporations,” said Chris Hurt, an
agricultural economist at Purdue University in Indiana. “The largest hog
producer in the U.S., Smithfield, is owned by a Chinese company.”
And EU officials downplayed Trump’s claim they had made a commitment to buy more
U.S. soybeans.
“And where does the bailout stop? What about people who use steel and aluminum?
What about other goods that have been targeted by our foreign competitors? Are
they going to get bailouts too?”
https://www.japantimes.co.jp/news/2018/07/30/business/trumps-emergency-aid-farmers-negative-side-effects/#.W194EWOVbCM
September 7: Trump: Could impose tariffs
'soon' on $200B in Chinese goods
The tariffs would potentially hurt U.S. companies that import everything from
handbags to bicycle tires.
The tariffs would potentially hurt U.S. companies that import everything from
handbags to bicycle tires. A public comment period on the import taxes ended
Thursday. China has said it's ready to impose retaliatory tariffs on $60 billion
of U.S. goods.
The U.S. has already imposed tariffs on $50 billion in Chinese imports, and
Beijing punched back with an equal amount.
https://www.nbcnews.com/politics/donald-trump/trump-could-soon-impose-tariffs-200b-chinese-goods-n907566
September 9: Trump Presses Apple to Shift
Production to U.S.
President’s tweet follows company’s disclosure that China tariffs would hit its
products|
https://www.wsj.com/articles/trump-presses-apple-to-shift-production-to-u-s-1536432033
September 8: China’s Trade Surplus With U.S.
Hits New Record
U.S.-China trade gap widens to $31.05 billion
https://www.wsj.com/articles/chinas-trade-surplus-with-u-s-hits-new-record-1536397753?mod=trending_now_1
September 10: The Chinese economy's massive
export engine is slowing down as the trade war heats up. A new salvo from the
United States could push it into reverse.
https://money.cnn.com/2018/09/10/news/economy/china-exports-trade-war/index.html
September 14: China claims Muslim detention
camps are education centres
Ex-inmates tell of abuse in camps holding more than 1 million ethnic minorities
https://www.theguardian.com/world/2018/sep/14/china-claims-muslim-internment-camps-provide-professional-training
September 16:
Escalating global trade tensions are giving Chinese fruit stalls a little more
of an international flavor.
Fruit distributor
Sunmoon Food Co. is shipping navel oranges from Egypt, kiwis from Italy and
apples from Poland into China for the first time ever. The produce will fill the
gap created when the Asian nation slapped tariffs on U.S. fruit as part of the
escalating trade war between the Xi Jinping and Donald Trump administrations.
https://www.bloomberg.com/news/articles/2018-09-17/trump-trade-winds-blow-egyptian-oranges-to-shanghai-fruit-stalls
September 18: China has a 'chilling' system
to control everyone
China's chilling dictatorship is moving quickly to introduce social scorecards,
in which all citizens will be monitored 24/7 and ranked on their behavior.
The Communist Party’s plan is for every one of its 1.4 billion citizens to be at
the whim of a dystopian social credit system, and it’s on track to be fully
operational by the year 2020.
http://www.foxnews.com/tech/2018/09/18/china-has-chilling-system-to-control-everyone.html
September 20: Alibaba
Backpedals On Promise To Bring 1 Million Jobs To U.S., Blames Trump Tariff War
Company chairman Jack Ma said the commitment had been predicated on a “friendly
U.S.-China partnership.”
https://www.huffingtonpost.com/entry/alibaba-jobs-jack-ma-trump-tariff-war-china_us_5ba336c0e4b069d5f9cfda9a
September 24: The Trump administration just
after midnight on Monday slapped tariffs on $200 billion in Chinese goods. China
responded with duties of its own on $60 billion in U.S. products. The Chinese
government also called off planned talks with U.S. officials as the consensus
grows in Beijing that substantive discussions will only be possible after U.S.
midterm elections in November, according to people familiar with the matter.
https://www.bloomberg.com/news/articles/2018-09-24/trump-imposes-next-batch-of-china-tariffs-as-trade-war-escalates
September 26: Trump accuses
China of 2018 election meddling; Beijing rejects charge
https://www.reuters.com/article/us-usa-china-un/trump-accuses-china-of-2018-election-meddling-beijing-rejects-charge-idUSKCN1M623Y
October 12: China's Sept. trade surplus with
US widens to record $34.13B
https://www.foxbusiness.com/politics/chinas-sept-trade-surplus-with-us-widens-to-record-34-13b
November 28:
When President Trump and President Xi Jinping of China sit down to talk trade
this week at the Group of 20 summit meeting, their negotiations are likely to be
framed by a highly charged topic: the White House’s insistence that China
routinely steals American technology and intellectual property.
https://www.nytimes.com/2018/11/28/us/politics/intellectual-property-trump-xi.html
November 28: S. President Donald Trump’s
aggressive approach to China has been the most credible and consistent policy of
an often-criticized White House. The president’s assertions of Chinese
malfeasance in trade matters are undeniably true. Even
CNN’s Fareed Zakaria, no fan of the
president, has said, “Donald Trump is right: China is a trade cheat,” going on
to praise the U.S. trade representative’s exhaustive
report on China’s World Trade Organization noncompliance as a rare example
of a quality document from this administration.
https://foreignpolicy.com/2018/11/28/trumps-china-policy-is-a-triumph-wto-trump-gdp/
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December 3: The White House is hailing the
Dec. 1 dinner meeting between Donald Trump and Chinese president Xi Jinping in
Buenos Aires as a landmark event that signals huge changes ahead for the warring
trade rivals.
However, no one can seem to say what, exactly, Trump and Xi agreed to.
Statements from each country are contradictory about fundamental issues and
offer no specifics about what might happen next. Given the fact that the history
of US trade negotiations with China is defined by China agreeing to radical
changes and then failing to actually make those changes, the Trump team’s
positive spin has been summed up by trade experts as “magical
thinking.”
https://qz.com/1482634/no-one-knows-what-trump-and-xi-agreed-to-at-the-g20/
December 3:
'Game changer': China agrees to crack down on fentanyl after pressure from Trump
https://www.washingtontimes.com/news/2018/dec/3/china-declares-fentanyl-illegal-amid-trump-pressur/
December 4:
He Said, Xi Said: U.S., China Have Different Recollections Of
Trump-Xi Trade Talks
“China has agreed to reduce and remove tariffs on cars coming into China from
the U.S. Currently the tariff is 40%,” his tweet said.
It’s doubtful that Xi agreed to any such thing, because World Trade Organization
rules forbid a country from imposing differential tariffs. If China eliminated
its tariffs on American cars, it would have to eliminate its tariffs on all
other countries’ cars. Trump and Kudlow apparently don’t know this. But
Japanese, Korean and German car companies know it and would be thrilled to have
duty-free access to the Chinese car market.
The Chinese Foreign Ministry said on Monday that the two governments had agreed
to talk further about reducing all tariffs, and about other trade issues, but
said nothing about any agreement to reduce car tariffs uniquely.
https://www.forbes.com/sites/johnbrinkley/2018/12/04/he-said-xi-said-u-s-china-have-different-recollections-of-trump-xi-trade-talks/#269e19862a2b
December 6: China is demanding the release
of telecoms giant Huawei's chief financial officer, who has been detained in
Canada.
Meng Wanzhou, the daughter of the company's founder, could face extradition to
the US.
She was arrested in Vancouver on 1 December, but the news was not made public at
her request.
The charges remain unknown but the US has been probing Huawei over possible
violation of sanctions against Iran.
China says her detention is possibly a rights abuse.
Ms Meng has sought a publication ban on the details of the arrest, which has
been granted by the courts.
Huawei said it was "not aware of any wrongdoing by Ms Meng".
https://www.bbc.com/news/business-46465768
December
6: Trade deficit hits 10-year high as China shuns soybeans, Americans
snap up imports
Trade deficit rises to $55.5 billion in October, which is highest since 2008 ...
amid a record shortfall with China, keeping the U.S. on pace to record the
largest annual gap in a decade.
Imports rose 0.2% to a record $266.5 billion in October. The U.S. imported more
autos, drugs and other consumer goods
Part of the recent surge in imports reflects American companies stocking up on
Chinese goods ahead of the holidays to get ahead of another increase in U.S.
tariffs that was supposed to kick in on Jan. 1. The U.S. tariff increase has
been temporarily been postponed until March.
Exports slipped 0.1% to $211 billion, largely because of a big drop in soybean
shipments. Retaliatory tariffs by China has curbed U.S. exports of big sellers
such as soybeans.
https://www.marketwatch.com/story/us-trade-deficit-climbs-to-10-year-high-despite-tariffs-tough-trump-stance-2018-12-06
December 6: John Bolton: U.S. Won't 'Turn A
Blind Eye' To China's Trade Practices
The arrest and possible extradition of a Chinese business executive highlights
ongoing trade tensions between the U.S. and China that national security adviser
John Bolton says will be a major focus of negotiations over the next three
months.
https://www.npr.org/2018/12/06/674163524/bolton-u-s-wont-turn-a-blind-eye-to-chinas-trade-practices
December 7:
Justice Department reportedly preparing to charge Chinese hackers for targeting
US companies
The Justice Department is
prepared to charge hackers who allegedly targeted U.S. technology service
providers under the direction of Beijing, The Wall Street Journal reported
Friday, citing people familiar with the matter.
The sources told the Journal that criminal charges could land as soon as next
week. The newspaper reported that the goal was to gain access to the providers'
networks and steal intellectual property from American companies and agencies.
The Journal reported that the targeted companies provided a broad range of
services including technology infrastructure management and cloud storage. It
did not specify how many hackers are expected to be charged or how many
companies were targeted in this scheme.
https://www.cnbc.com/2018/12/07/us-reportedly-set-to-charge-chinese-hackers-for-targeting-us-companies.html
December 8: China reported far weaker than
expected November exports and imports, showing slower global and domestic demand
and raising the possibility authorities will take more measures to keep the
country’s growth rate from slipping too much.
November exports only rose 5.4 percent from a year earlier, Chinese customs data
showed on Saturday, the weakest performance since a 3 percent contraction in
March, and well short of the 10 percent forecast in a Reuters poll.
Analysts say the export data showed that the “front-loading” impact as firms
rushed out shipments to beat planned U.S. tariff hikes faded, and that export
growth is likely to slow further as demand cools.
The customs data showed that annual growth for exports to all of China’s major
partners slowed significantly. Exports to the United States rose 9.8 percent in
November from a year earlier, compared with 13.2 percent in October.
https://www.cnbc.com/2018/12/08/chinas-november-export-import-growth-shrinks-showing-weak-demand.html
December 11: A Canadian judge ruled Tuesday
a Chinese tech executive, detained at the request of the U.S., can be free on
bail while awaiting an extradition hearing.
The judge said Meng Wanzhou must meet stringent conditions aimed at making sure
she doesn't flee Canada for China.
Ten days after Canadian authorities detained Meng, China reportedly detained a
former Canadian diplomat — ratcheting up tensions in this diplomatic row.
https://www.npr.org/2018/12/11/675648155/huawei-executive-seeks-bail-in-canada-former-canadian-diplomat-is-detained-in-ch
December 19: Open Scientific Collaboration
May Be Helping North Korea Cheat Nuclear Sanctions
https://www.npr.org/2018/12/19/675390104/open-scientific-collaboration-may-be-helping-north-korea-cheat-nuclear-sanctions?utm_source=npr_newsletter&utm_medium=email&utm_content=20181219&utm_campaign=breakingnews&utm_term=nprnews
December 19: The US justice department has
indicted two Chinese men accused of hacking into the computer networks of
companies and government agencies in Western countries.
The pair are allegedly part of a "hacking group" known as Advanced Persistent
Threat 10, affiliated with China's main intelligence service. ... They have
not been arrested.
The US and UK have accused China of violating an agreement relating to
commercial espionage.
Zhu Hua and Zhang Shilong worked for a company called Huaying Haitai and in
association with the Chinese Ministry of State Security, the US court filing
says.
https://www.bbc.com/news/world-us-canada-46638323
December 22: U.S., Canada call on China to
release detained Canadians amid Huawei spat
China last week detained former diplomat Michael Kovrig and businessman Michael
Spavor after Canadian police arrested tech-giant executive Meng Wanzhou.
https://www.nbcnews.com/news/world/u-s-canada-call-china-release-detained-canadians-amid-huawei-n951196
-- 2019 --
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January 11: Polish
security services have charged a Chinese manager at tech giant Huawei in
Poland
and a Polish former intelligence officer with espionage against the country on
behest of China.
https://www.foxnews.com/world/chinese-huawei-employee-polish-former-intel-officer-arrested-in-poland-for-espionage
January
18: The German government is considering blocking
Chinese tech giant Huawei from its
next-generation mobile phone network, striking yet another blow to the embattled
company under facing accusations of espionage on behalf of China.
The U.S. and Europe pushed back against Huawei’s presence in their markets,
fearing the company’s technology could endanger national security as it could be
used to spy on Western citizens.
The U.K. and Canada recently raised questions about Huawei, while Australia, New
Zealand, and the U.S. banned the firm from their countries.
https://www.foxnews.com/world/germany-to-consider-blocking-chinese-tech-giant-huawei-amid-backlash-over-espionage-accusations
January 26: China
will join a group including the United States and the European Union in
negotiating new rules to cover the US$25 trillion e-commerce market.
The EU and 47 other members of the World Trade Organisation have launched the
discussions, according to a Friday statement. If successful, a digital trade
accord hashed out through the Geneva-based trade body would establish a baseline
international regime for 21st century trade and reduce cross-border hurdles to
e-commerce.
China, which for years has heavily restricted use of the internet inside its
borders, had resisted joining the talks until Thursday, raising concerns over
the language in the statement advocating a “high standard outcome”, according to
people familiar with the talks who asked not to be identified because the
discussions were private.
In a statement, China’s ambassador to the World Trade Organisation Zhang
Xiangchen said China decided to join the negotiations out of concern over a
broader crisis surrounding the WTO, which has been coming under attack from US
President Donald Trump’s administration.
“The multilateral trading system is in a deep crisis,” he said. “Against this
backdrop, the launching of e-commerce negotiation will in a significant way help
reinvigorate the negotiating function of the WTO, and shore up confidence in the
multilateral trading system and economic globalisation,” Zhang said.
https://www.scmp.com/news/china/diplomacy/article/2183733/last-minute-china-decides-join-wto-talks-us25-trillion-e
May 1:
Former CIA officer Jerry Lee admits conspiracy to spy for China
A former CIA case officer long suspected in the intelligence community of being
a devastating mole for the Chinese government admitted Wednesday he conspired to
commit espionage in that country. But no evidence was produced that Jerry Chun
Shing Lee shared any information.
“Lee sold out his country, conspired to become a spy for a foreign government,
and then repeatedly lied to investigators about his conduct,” G. Zachary
Terwilliger, U.S. attorney for the Eastern District of Virginia, said in a
statement. “This prosecution should serve as a warning to others who would
compromise our nation’s secrets and betray our country’s trust.”
https://www.washingtonpost.com/local/public-safety/former-cia-officer-jerry-lee-admits-conspiracy-to-spy-for-china/2019/05/01/aed1bddc-6b89-11e9-8f44-e8d8bb1df986_story.html?noredirect=on&utm_term=.f2ba4ae51ded
-- 2020 --
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