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Media Report
May 08 , 2019
  • The New York Times reports, "President Trump taunted China on Wednesday morning, saying in a tweet that Chinese negotiators were attempting to drag out trade negotiations until a 'very weak' Democrat was back in the White House and insisting he would be happy to keep tariffs on Chinese exports rather than make a deal. 'The reason for the China pullback & attempted renegotiation of the Trade Deal is the sincere HOPE that they will be able to "negotiate" with Joe Biden or one of the very weak Democrats, and thereby continue to ripoff the United States (($500 Billion a year)) for years to come,' Mr. Trump said on Twitter Wednesday morning. 'Guess what, that's not going to happen! China has just informed us that they (Vice-Premier) are now coming to the U.S. to make a deal. We'll see, but I am very happy with over $100 Billion a year in Tariffs filling U.S. coffers...great for U.S., not good for China!' he added."
  • The New York Times reports, "A Huawei executive is expected to appear in a Vancouver courtroom on Wednesday for a hearing about her potential extradition to the United States, a case that has complicated already tense relations between Canada and China. Meng Wanzhou, the chief financial officer of the Chinese tech giant Huawei, was arrested by Canadian officials in Vancouver in December, after the United States requested her extradition on fraud charges. It has since accused her of, among other things, fraudulently deceiving four banks to enable Huawei to evade American sanctions against Iran, and has accused Huawei of stealing trade secrets and obstructing a criminal investigation. Wednesday's proceeding is not the extradition hearing itself but a proceeding to discuss next steps in the case. While awaiting a decision on her extradition — which could take many months — Ms. Meng has been out on bail of 10 million Canadian dollars, living in Vancouver in her $6 million, six-bedroom home. She can roam fairly freely about the city, although under 24-hour surveillance and wearing a GPS tracker on her ankle."

  • Reuters reports, "Chinese President Xi Jinping spoke by telephone with Saudi Arabia's King Salman on Wednesday amid tensions with Riyadh's regional rival Iran after Tehran announced it was scaling back some commitments under its 2015 nuclear deal with world powers. China has had to tread a fine line as it has close energy and business relations with both countries, in a part of the world where Beijing has traditionally exerted far less sway than the United States, Russia, France or Britain. China's Foreign Ministry did not directly mention Iran in its statement on the call between Xi and Salman, instead concentrating on Xi's comments on cementing bilateral ties. Xi visited Saudi Arabia and Iran on the same trip in 2016, and Salman paid a return visit to China in 2017. Saudi Crown Prince Mohammed bin Salman met Xi in Beijing in February of this year. Xi told Salman that China set great store on developing its all-round strategic partnership with the Saudis, especially in energy cooperation, the Foreign Ministry said."
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