- Steven Stashwick , independent writer and researcher
Dec 22 , 2016Given the apparently low intelligence value of the recently seized U.S. UUV, China may have intended the seizure primarily as a provocation or warning. Though the vessels involved held a low-risk of escalation, the legal precedent is more significant: last Thursday’s incident occurred approximately 50 nautical miles northwest of Subic Bay, nowhere near sensitive Chinese military facilities, and in waters that China has not claimed any jurisdiction over.
- The U.S. Treasury will press China in bilateral meetings next week to keep moving toward a market-determined exchange rate, reduce excess industrial capacity, and make reforms that boost domestic consumption, a senior Treasury official said on Wednesday.
- Reuters ,
Jun 02 , 2016China and the United States should open up their markets to each other and increase policy coordination and cooperation, China vice finance minister Zhu Guangyao said on Thursday.