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Media Report
February 14 , 2019
  • Reuters reports, "China's first science fiction blockbuster, 'The Wandering Earth', has raked in 3 billion yuan ($443 million) in ticket sales in less than 10 days, putting it on track to become the country's highest-grossing film. Based on a story by author Liu Cixin, the movie about a group of Chinese astronauts trying to save the world from the orbit of an unstable sun premiered on Feb. 5, the first day of the Lunar New Year holiday. 'It's a genre that most Chinese people have never seen, and it really touched people,' said Wu Jian, a Beijing-based film analyst with Alibaba Pictures, adding that the film drew families into cinemas during the traditional reunion period. Figures posted on Thursday on the film's official account on China's Twitter-like Weibo show the sales were reached in 9 days and 16 hours, which analysts and media said broke a record of 10 days and 15 hours set by 'Wolf Warrior 2'."
  • Reuters reports, "The Trump administration's top two negotiators in trade talks with China will meet on Friday with Chinese President Xi Jinping, but there has been no decision to extend a March 1 U.S. deadline for a deal, White House economic adviser Larry Kudlow said on Thursday. 'The vibe in Beijing is good,' Kudlow told Fox News Channel in an upbeat assessment of the U.S.-China talks that are set to conclude on Friday in Beijing. The two sides are pushing to de-escalate a tariff war that has dimmed global growth forecasts, roiled financial markets and disrupted manufacturing supply chains. U.S. tariffs on $200 billion worth of imports from China are scheduled to rise to 25 percent from 10 percent if the two sides don not reach a deal by March 1, increasing pressure and costs in sectors from consumer electronics to agriculture."
  • The New York Times reports, "Sweden said it was investigating its ambassador to China after she was accused of arranging unauthorized, secret talks between the daughter of a Swedish bookseller detained in China and two Chinese men who had offered to help free him, but instead pressured her to keep silent. The back-room talks over the bookseller, Gui Minhai, were held in late January at a hotel in Stockholm, his daughter, Angela Gui, said on Wednesday. She said she grew suspicious of the two businessmen as they asked bizarre questions and offered vague assurances, while wine flowed freely. Ms. Gui accused the ambassador, Anna Lindstedt, of arranging the talks without authorization from the Swedish Ministry for Foreign Affairs. The ministry said on Wednesday that it had opened an internal investigation into Ms. Lindstedt, and that an interim replacement for her had been installed pending the outcome."
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