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Media Report
July 23 , 2019
  • Bloomberg reports: "The U.S. and China are moving closer to their first face-to-face trade negotiations in months, with a meeting between tech chief executives and President Donald Trump on Monday marking another step toward easing a ban on sales to China's Huawei Technologies Co.The White House invited many of the U.S.'s biggest technology companies to discuss economic issues including a possible resumption of sales to Huawei. Trump and senior administration officials met with CEOs from Alphabet Inc.'s Google, Broadcom Inc., Cisco Systems Inc., Intel Corp., Micron Technology Inc., Western Digital Corp. and Qualcomm Inc., according to White House spokesman Judd Deere. Deere said the CEOs had requested 'timely' decisions on license applications to sell to Huawei and Trump agreed. National Economic Council director Larry Kudlow told reporters Tuesday that the meeting was positive and cited it as one reason he's optimistic that in-person talks with China are likely to resume soon."
  • Reuters reports: Russia carried out what it said was its first long-range joint air patrol in the Asia-Pacific region with China on Tuesday, a mission that triggered hundreds of warning shots, according to South Korean officials, and a strong protest from Japan. The flight by two Russian Tu-95 strategic bombers and two Chinese H-6 bombers, backed up by a Russian A-50 early warning plane and its Chinese counterpart, a KJ-2000, marks a notable ramping-up of military cooperation between Beijing and Moscow. That is something likely to worry politicians from Washington to Tokyo and could complicate relations and raise tension in a region that has for years been overshadowed by hostility between the United States and North Korea. While troops and naval ships from Russia and China have taken part in joint war games before, they have not, according to Russia's Ministry of Defence, conducted such air patrols in the Asia-Pacific region together until Tuesday.
  • The New York Times reports: "Li Peng, the former Chinese premier derided as the stone-faced "butcher of Beijing" for his role in the bloody crackdown on the Tiananmen Square democracy movement in 1989, died on Monday in the Chinese capital. He was 90. Mr. Li's death was announced on Tuesday by Xinhua, the state-run news agency. Xinhua's report gave no specific cause of death, saying only that medical treatment had failed. Born to Communist revolutionaries in the early years of the Chinese civil war and educated as a hydroelectric engineer in the Soviet Union, Mr. Li rose to the top ranks of the Communist Party, serving as a bridge between the old guard of revolutionaries and the more technocratic leaders who succeeded them."
  • CNBC reports: "U.S. President Donald Trump said on Monday that he believed Chinese President Xi Jinping has acted 'very responsibly' with the protests in Hong Kong. For over two months, political tensions in Hong Kong have escalated over a proposed extradition bill that would allow those arrested in the territory to be sent to mainland China for trial. Hong Kong citizens are concerned that their civil rights could be slowly eroded under Beijing. 'You know, you could say what you said, but you could also say that he has allowed that to go on for a long time, and, you know, it's been relatively — I think it's been relatively non-violent,' said Trump, according to a White House transcript. He was speaking to reporters at the White House before a meeting with Pakistani Prime Minister Imran Khan. Trump added that 'China could stop them if they wanted.'"
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