Media Report
- TIME reports: "On Monday, China hit back at the Trump administration's decision to raise duties on steel and aluminum imports, imposing tariffs of up to 25% on 128 American goods — including pork, wine and fruit — worth an estimated $3 billion. Beijing said the hike was intended to "safeguard China's interests and balance" losses caused by the new 25% tariff on steel imports and 10% on aluminum that Washington imposed from March 23, citing "national security." President Trump has stated that trade wars are "good" and "easy to win," while common consensus among economists is that all parties lose. Beijing's strident state media has praised the retaliation. A Global Times editorial described the tit-for-tat as "now an unofficial trade war.""
- CNN reports: "It was a fiery end to what was once one of China's highest-profile space projects. The Tiangong-1 space lab re-entered Earth's atmosphere Monday morning, landing in the middle of the South Pacific, China Manned Space Agency said. "Most parts were burned up in the re-entry process," it added. The space lab, its name translating to "Heavenly Palace," was launched in September 2011 as a prototype for China's ultimate space goal: a permanent space station is expected to launch around 2022."
- CNBC reports: "A survey focused on small and mid-size manufacturing in China fell short of expectations for March. The Caixin/Markit manufacturing Purchasing Managers' Index (PMI) for March came in at 51.0, hitting a four-month low. Economists... expected the private Caixin/Markit PMI to edge slightly higher to 51.7 in March versus 51.6 in February. A reading above 50 indicates expansion, while a reading below that signals contraction. The Caixin/Markit survey focuses on small and mid-size businesses in China."
Calendar
- 2018-03-30 China uses economic muscle to bring N Korea to negotiating table
- 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
News
- The Wall Street Journal China's Alibaba Adds to Food-Delivery Bet
- CNN China's Tiangong-1 space lab plummets to Earth, breaks up over Pacific
- CNBC A closely watched indicator of China's economy falls short of expectations
- The Washington Post Trade war escalates as China says it will impose tariffs on 128 U.S. exports, including pork and fruit
- CNBC Stocks set for a weak open as China slaps new tariffs on US goods
- Chicago Tribune Trade war escalates as China says it will impose tariffs on 128 U.S. exports, including pork and fruit
- The Wall Street Journal U.S. Stocks Set to Fall Amid Trade Worries
- Al Jazeera Elizabeth Warren in Beijing: US to push China to open markets
- ABC News US, China trade war to send iron ore prices tumbling as gap widens between high and low-quality product
- Financial Times China's P2P lenders brace for renewed regulatory crackdown
- TIME It's Not Just China's Retaliatory Tariffs That Should Worry U.S. Businesses
- Bloomberg China Unveils Plan to Lure Big Tech Stock Listings Back Home
- Bloomberg China Unveils Plan to Lure Big Tech Stock Listings Back Home
Commentary
- Project Syndicate Will China Really Supplant US Economic Hegemony?
- Market Watch Chinese stocks lead mixed Asian market trading, despite fresh tariffs against U.S.
- TIME The Trouble with Sharing: China's Bike Fever Has Reached Saturation Point
- NPR China Hits Back On Trade Dispute, Slapping Tariffs On 128 U.S. Products
- The New York Times China's Communist Party Is Abandoning Workers
- Forbes What's China Doing In The Indian Ocean
- Financial Times China's antitrust regime comes of age