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Media Report
February 15 , 2019
  • The New York Times reports, "Talks between the United States and China to end their trade war will continue in Washington next week, officials from both countries said on Friday, hours after high-level negotiations between American and Chinese diplomats ended in Beijing. While the White House described 'progress' in the talks, many issues remain unresolved and the discussions will continue as both sides try to reach an agreement ahead of President Trump's March 2 deadline. Mr. Trump has threatened to raise tariffs on $200 billion worth of Chinese goods if a deal cannot be reached by that date, though he suggested earlier this week that he would push the deadline back if there were progress in the talks. Mr. Trump, speaking at the White House on Friday, said negotiations with China are going 'extremely well,' but that the progress would only matter if a deal gets done."
  • The Washington Post reports, "The news of a talk by a Uighur activist spread quickly on campus, ricocheting across WeChat, the Chinese messaging app. A group of Chinese students at McMaster University, in Ontario, learned that Rukiye Turdush, a vocal critic of the Chinese government's treatment of Uighurs, was set to deliver a presentation about the mass internment of Muslims in China's far northwest. The students were furious that a woman they considered a separatist would be given a platform to speak. So they rallied in a chat group and reached out to a familiar source of guidance: the Chinese government. As Turdush gave her presentation that afternoon, a student in the audience filmed her, and later shouted at her before storming out. Students wrote in a WeChat group that they contacted the Chinese Embassy about the event and were told to see whether university officials attended and whether Chinese nationals had organized the talk."
  • The Wall Street Journal reports, "Chinese ride-hailing giant Didi Chuxing Technology Co. plans to lay off about 2,000 employees, or 15% of its workforce, according to people familiar with the situation, as the once fast-growing company grapples with China's economic slowdown. Company President Jean Liu told employees about the cuts at a Friday meeting, with details displayed on charts, one of the people said. The layoffs, to be carried out this year, will target underperforming employees and business units outside the core ride-hailing service, the people said. Didi also plans to hire 2,500 workers this year to beef up divisions such as safety and driver management, the people said. China's tech sector is experiencing a retrenchment after years of highflying growth. A decelerating Chinese economy and the uncertainty caused by the trade fight with the U.S. are weighing on stock markets and causing investors who once poured money into venture and private-equity funds to pull back."
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