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Media Report
March 21 , 2018
  • Politico：How a Trump trade war with China could whack the U.S.
    Politico reports: "President Donald Trump's plan to slap as much as $60 billion in tariffs on imported Chinese goods could eventually trigger a trade war that slams American farmers, according to a leading expert on the U.S.-China relationship. David Dollar, a Brookings Institution fellow and former U.S. Treasury envoy to Beijing, said... that Trump misunderstands the nature of the U.S. trade relationship with China — and that a trade war could badly damage the American economy... If a trade war with China escalates, Dollar said, the American farm sector could be hit hardest... Celeste Drake, trade and globalization policy specialist at the AFL-CIO, argues on the podcast that fears of a trade war are overblown and that tariffs are a useful weapon against China."
  • Financial Times：China to create global broadcast champion
    Financial Times reports: "China is set to create a new broadcasting behemoth by merging its largest state television and radio stations as it seeks to broaden its global news footprint and bolster its soft power abroad. Television broadcaster CCTV and two state radio platforms, China Radio International (CRI) and China National Radio, will merge to become one platform charged with spreading China's message beyond its borders, according to Chinese state media. The new entity will be called "Voice of China", after the US government-funded "Voice of America", according to a person familiar with the matter."
  • The Wall Street Journal：Tackling China's Protectionism
    The The Wall Street Journal editorial board comments today in an editorial: "The Trump Administration is expected to announce more tariffs as early as this week in an attempt to reduce China's trade surplus with the U.S. While these taxes are a mistake, as is Mr. Trump's obsession with trade deficits, there's no denying that Beijing's mercantilism has fueled the political backlash against free trade. China's increasingly predatory behavior, especially intellectual-property theft, poses a particular problem to a sustainable trading system. The question is how to respond in a way that encourages better Chinese behavior without harming the global economy and American companies and workers. It isn't clear that the Trump Administration has given this much careful thought, and the danger is a tariff tit-for-tat that harms everyone."
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