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Media Report
April 17 , 2018
  • The Washington Post：In new sign of trade battle, China slaps U.S. sorghum producers with 179 percent deposit
    The Washington Post reports: "China announced Tuesday temporary anti-dumping measures on U.S. sorghum, potentially hitting U.S. growers and exacerbating the brewing trade war between Beijing and Washington. China's Ministry of Commerce said that starting Wednesday, Chinese importers of U.S. sorghum, used by the Chinese for animal feed and brewing alcohol, will be required to put down a 178.6 percent deposit in anticipation of anti-dumping tariffs. The deposits could discourage imports of U.S. sorghum, hurting American producers. The news came a day after the United States banned U.S. firms from selling parts to Chinese phone-maker ZTE Corps for seven years. The U.S. Commerce Department said ZTE violated an agreement reached after the company was caught shipping U.S. goods to Iran."
  • Forbes：China's Media Crackdown Sends A Chill Through Its Tech Sector
    Forbes reports: "China has long censored what people can read and watch online, but the increasingly heavy hand of the regulator threatens to disrupt growth in the country's vibrant tech sector. In the current campaign to "clean up" the country's online space, Beijing hasn't just focused on removing politically sensitive information. Authorities are now going after what they consider to be content that violates "core socialist values," and these values include anything from patriotism to a positive lifestyle. To some of China's most valuable tech companies -- especially startups -- this means risking alienating users by removing popular themes that have helped them grow large audiences in the first place. If the trend continues, some analysts believe the value of these companies will take a hit as user numbers start to fall off."
  • Reuters：China posts strong growth despite trade concerns
    Reuters reports: "China's economy grew at a slightly faster-than-expected pace of 6.8 percent in the first quarter, buoyed by strong consumer demand and robust property investment. Resilience in the world's second-largest economy will likely keep a synchronized global recovery on track for a while longer, even as China faces rising tensions with the United States that could impact billions of dollars in trade. But economists still expect China to lose momentum in coming quarters as Beijing forces local governments to scale back infrastructure projects to contain their debt, and as property sales cool further due to strict government controls on purchases to fight speculation."
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