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Media Report
March 22 , 2018
  • CNN reports: "Beijing has renewed a warning that it will retaliate if President Donald Trump goes through with plans to slap new tariffs on Chinese goods worth billions of dollars. 'China will certainly take all necessary measures to resolutely defend its legitimate rights and interests,' if the United States imposes new restrictions, the Ministry of Commerce said in a statement on Thursday. Trump is widely expected to announce new tariffs on $60 billion worth of Chinese exports to the United States later in the day. That's a little more than 10% of all Chinese goods sent to the United States in 2017."
  • CNBC reports: "The two largest economies in the world are dominating global research and development in the artificial intelligence field, but China is likely to emerge the winner, according to Credit Suisse. That prediction was based largely on one reason: China lacks "serious law" about data protection, which gives companies pretty much free rein to develop their technology, said Dong Tao, vice chairman for Greater China at Credit Suisse Private Banking Asia Pacific. At present, China lags U.S. in every area of AI development — hardware, research and algorithm, and industry commercialization — except big data."
  • Foreign Policy reports: "As a foreigner in China, you get used to hearing the retort "You don't know China!" spat at you by locals. It's usually a knee-jerk reaction to some uncomfortable modern issue... But it's also true. We don't know China. Nor, however, do the Chinese — not even the government. We don't know China because, in ways that have generally not been acknowledged, virtually every piece of information issued from or about the country is unreliable, partial, or distorted. The sheer scale of the country, mixed with a regime of ever-growing censorship and a pervasive paranoia about sharing information, has crippled our ability to know China. Official data is repeatedly smoothed for both propaganda purposes and individual career ambitions."
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