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Media Report
March 11 , 2019
  • The Wall Street Journal reports, "The Trump administration has told the German government it would limit the intelligence it shares with German security agencies if Berlin allows Huawei Technologies Co. to build Germany's next-generation mobile-internet infrastructure. In a letter dated Friday and seen by The Wall Street Journal, U.S. Ambassador to Germany Richard A. Grenell wrote to Germany's economics minister that the U.S. wouldn't be able to keep intelligence and other information sharing at their current level if Germany allowed Huawei or other Chinese vendors to participate in building the country's 5G network. This marks the first time the U.S. has explicitly warned its allies that refusing to ostracize Huawei could have consequences on these countries' security cooperation with Washington."
  • The New York Times reports, "A pending trade agreement between the United States and China could put few restrictions on Beijing's control over the strength of its currency, potentially inflaming trade hawks in Congress and within the Trump administration itself. China's control over the value of its currency has long been a major point of conflict between Beijing and the West, though the issue has faded in prominence in recent years. Lawmakers and officials in other countries have contended that Beijing has unfairly weakened China's currency, the renminbi, compared with the American dollar and other currencies, giving Chinese companies and factories an advantage when selling goods abroad. China has long denied the accusation. Yi Gang, the governor of China's central bank, said at a news conference on Sunday morning in Beijing that during high-level trade talks last month in Washington, 'the two sides reached consensus on many key and important issues' about currency markets."
  • The Washington Post reports, "China's civilian aviation authority ordered all Chinese airlines to temporarily ground their Boeing 737 Max 8 planes Monday after one of the aircraft crashed in Ethiopia. The Civil Aviation Administration of China said the order was issued at 9:00 a.m. (0100 GMT) on Monday and would last nine hours. It said the order was 'taken in line with the management principle of zero tolerance for security risks,' because the crash was the second after another of the planes fell into the ocean off the coast of Indonesia in similar circumstances on Oct. 29, killing all aboard. Further notice would be issued after consultation with the U.S. Federal Aviation Administration and Boeing, the administration said. Eight Chinese nationals were among the 157 people aboard the Boeing 737 Max 8 operated by Ethiopian Airlines when it went down shortly after takeoff from the Ethiopian capital of Addis Ababa Sunday, leaving no survivors."
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