BEIJING: China threatened on Thursday (Oct 22) to retaliate against the latest US arms sale to Taiwan, as the island welcomed the weapons package but said it was not looking to get into an arms race with Beijing.
The Trump administration has ramped up support for Taiwan through arms sales and visits by senior US officials, adding to tensions between Beijing and Washington, already heightened by disagreements over the South China Sea, Hong Kong, human rights and trade.
(CNN Business) The United States government has labeled six more Chinese media companies operating in the US as foreign missions in the latest round of tit-for-tat between Beijing and Washington over restrictions on journalists.US Secretary of State Mike Pompeo announced the decision at a press briefing on Wednesday, saying that the six media companies were “substantially or effectively controlled by a foreign government.””We’re not placing any restrictions on what these outlets can publish in the United States,” Pompeo said. “We simply want to ensure that American people, consumers of information, can differentiate between news written by a free press and propaganda distributed by the Chinese Communist Party itself. They’re not the same thing.”The US operations of Yicai Global, Jiefang Daily, Xinmin Evening News, Social Sciences in China Press, Beijing Review and Economic Daily will all be affected by the decision, according to a release from State Department spokesperson Morgan Ortagus.
Alan Crawford, DebWu, Colum Murphy and Ian KingFri, October 23, 2020, 12:42 AM GMT+7·11 mins read. Yahoo!Finance
(Bloomberg) — On a scorching hot day in late August, representatives of Taiwan’s government and industry crowded into the clinical cool of a state-of-the-art semiconductor facility for a symbolic moment in the global tech conflict.
US-China frictions and the threat of American financial sanctions have renewed debate in Beijing about reducing dependence on the US dollarChina cut its holdings of US government debt to US$1.07 trillion in late August, the lowest level since March 2017, the US Department of Treasury says
China has long tried to undermine the US dollar’s dominant role in the international monetary system, despite the fact that the bulk of its reserves are in dollar-denominated assets. Photo: Reuters
China may be speeding up the diversification of its foreign exchange reserves away from US dollar assets in response to potential American financial sanctions, but there are clear limits on how far it can go in its de-dollarisation push, according to analysts.China has long tried to undermine the US dollar’s dominant role in the international monetary system, despite the fact that the bulk of its reserves are in dollar-denominated assets.
The Chinese government is threatening to detain innocent U.S. nationals in China in retaliation to the Justice Department’s prosecution of Chinese military-affiliated scholars, Fox News senior strategic analyst Gen. Jack Keane warned Sunday.
“China wants to retaliate,” Keane told “Fox & Friends.” “They’ve done this kind of retaliation with the Canadians — right now they’ve got two of them arrested…and they’ve also done it with the Australians and Swedes.
“The difference is, ” Keane continued, “we’re arresting spies. What China will likely do is detain Americans who have done nothing. They are not guilty of anything.”
Chinese officials reportedly issued several retaliatory warnings to U.S. government representatives through the U.S. Embassy in Beijing and other channels — according to the Wall Street Journal — who spoke with people familiar with the matter.
“The Chinese message, the people said, has been blunt: The U.S. should drop prosecutions of the Chinese scholars in American courts, or Americans in China might find themselves in violation of Chinese law,” according to the newspaper.
China began issuing warnings this summer after the U.S. arrested multiple Chinese scientists who were said to be visiting American universities to conduct research. They were charged with hiding their connection to the People’s Liberation Army from U.S. immigration authorities, the Journal reported Saturday.
Hong Kong (CNN)Chinese President Xi Jinping has called on troops to “put all (their) minds and energy on preparing for war” in a visit to a military base in the southern province of Guangdong on Tuesday, according to state news agency Xinhua.
During an inspection of the People’s Liberation Army Marine Corps in Chaozhou City, Xinhua said Xi told the soldiers to “maintain a state of high alert” and called on them to be “absolutely loyal, absolutely pure, and absolutely reliable.”
Back in may, when President Donald Trump called for America to stop funding the World Health Organization, he presented a list of the WHO’s recent failures: the organization’s initial failure to flag the spread of the novel coronavirus; its initial failure to follow up when Taiwan—a country excluded from the WHO because of Chinese objections—inquired about evidence that seemed to indicate that the virus could be transmitted from one human to another; its initial failure to press China to accept an international investigation into the source of the virus. At the beginning of the pandemic, the WHO, which operates as a specialized agency of the United Nations, seemed to be one beat behind. It also seemed overly reliant upon biased information provided by the government of China.
The year is not over, but it’s safe to say that 2020 has been a watershed. Even so, it may be difficult to grasp just how consequential the last several months have been for U.S.-China relations. As the many crises of 2020 recede into the past, it will become increasingly clear that we witnessed the most important sea change in U.S.-China relations in 50 years. Critically, this was the year that the tide of public opinion in the United States turned against China.
U.S. Secretary of State Mike Pompeo meets Vatican Secretary of State Cardinal Pietro Parolin, at the Vatican, Thursday, Oct. 1, 2020. Pompeo is meeting Thursday with top Vatican officials, a day after tensions over U.S. opposition to the Vatican’s China policy spilled out in public. (Vatican Media via AP)
ROME (AP) — The U.S. and the Vatican butted heads over China on Thursday as the Holy See chafed at U.S. Secretary of State Mike Pompeo’s public call to take a harsher stance against Chinese restrictions on religious freedom.
Mỹ trừng phạt một công ty Trung Quốc liên quan dự án khu du lịch tại Campuchia với cáo buộc phục vụ mục đích quân sự cũng như tham vọng “Vành đai và Con đường”.
Tờ South China Morning Post đưa tin Bộ Tài chính Mỹ hôm 15-9 đã trừng phạt công ty Union Development Group của Trung Quốc liên quan dự án khu du lịch Dara Sakor ở Campuchia, với cáo buộc chuyển đổi phục vụ mục đích quân sự và phục vụ tham vọng “Vành đai và Con đường”.