China uses economic muscle to bring N Korea to negotiating table - March 30, 2018

Media Report

March 30 , 2018

Financial Times：China uses economic muscle to bring N Korea to negotiating table
Financial Times reports: "China virtually halted exports of petroleum products, coal and other key materials to North Korea in the months leading to this week's unprecedented summit between Kim Jong Un, the North Korean leader, and his Chinese counterpart Xi Jinping. The export freeze — revealed in official Chinese data and going much further than the limits stipulated under UN sanctions — shows the extent of Chinese pressure following the ramping up of Pyongyang's nuclear testing programme. It also suggests that behind Mr Xi's talk this week of a "profound revolutionary friendship" between the two nations, his government has been playing hard ball with its neighbour."
CNBC：China should punish 'US colony' Canada over possible anti-dumping rules, propaganda outlet says
CNBC reports: "China should take "punitive" measures against Canada if new regulations from Ottawa against dumping of aluminium and steel target Beijing, Chinese tabloid Global Times said in an editorial on Friday... The editorial excoriated Ottawa for what it characterized as vacillation between the U.S. and China, referring to recent comments made by Canadian Prime Minister Justin Trudeau about steel and aluminium dumping. Canada has "sound trade ties and ... no major disputes," with China, it said. Canada's imports of Chinese steel make up a small proportion of its total imports, and it imports nearly no aluminium from China, the editorial said, adding that "Canada is more like a U.S. colony economically." However, a "self-seeking and greedy Canada" would be unlikely to cut itself off from the Chinese market completely, it said."
Bloomberg：China's Dim Sum Market Revives With Biggest Sales Since 2016
Bloomberg reports: "China's offshore yuan bond market is having a renaissance as a stubbornly strong currency and improving liquidity overseas spur a surge in issuance. Dim Sum bonds were almost written off last year as sales plunged to a seven-year low amid increasing competition from Panda bonds (as onshore notes from foreign issuers are known) and dollar-denominated securities. Now the market is heating up, with issuers raising 20.4 billion yuan ($3.2 billion) in March, the most since September 2016, according to data compiled by Bloomberg."

Calendar

2018-03-29 China warns US not to open Pandora's Box, unleash trade ills on world
2018-03-28 Kim’s Message for Trump: China Is Back on Our Side
2018-03-27 What Kim Jong-un May Get in Reaching Out to China
2018-03-26 The US and China are in talks to try to avoid a trade war
2018-03-25 US, China Quietly Seek Trade Solutions After Days of Loud Threats
2018-03-23 Responding to Trump, China Plans New Tariffs on U.S. Goods
2018-03-22 China: We will hit back if US announces new tariffs
2018-03-21 How a Trump trade war with China could whack the U.S.
2018-03-20 China’s Leaders Smooth Trade Tensions but Talk Tough on Taiwan
2018-03-19 Xi Taps Harvard-Educated Adviser to Tighten Grip on China’s Economy

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