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Media Report
June 03 , 2019
  • The Washington Post reports, "China warned students on Monday to think about the "risks" associated with attending college in the United States, an apparent sign that the authorities in Beijing are expanding the boundaries of the trade war to include educational exchanges. The warning comes as the Chinese government looks for ways to retaliate against the Trump administration for the tariffs it has imposed on $250 billion worth of goods from China, including fish and tungsten. Tentative plans are underway for President Trump and his Chinese counterpart, Xi Jinping, to meet at the Group of 20 summit in Japan later this month to try to find a way out of the protracted trade war. But analysts said that they will meet only if substantial progress has been made — and that there has been none so far."
  • The New York Times reports, "The family of Elaine Chao, the transportation secretary and wife of Mitch McConnell, the Senate majority leader, has high-level political connections not only in the United States but also in China. That gives the family unusual status in the world's two largest economies. Through interviews, industry filings and government documents from both countries, The New York Times found that the Chaos, and by extension Mr. McConnell, prospered as the family's shipping company developed deeper business ties in China. Along the way, one of the company's boosters was Ms. Chao, who now oversees efforts to promote America's own maritime industry, which is in steep decline as China's shipping sector rises in global dominance. Here are five takeaways."
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