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Geo-Strategic Trend - 134. page

BBC Chinese: Hong Kong Reporters Were Beaten up in Mainland China

BBC Chinese recently reported that, not long ago, unknown attackers beat up reporters from Hong Kong media. One latest example was Hong Kong’s Now TV reporter Xu Junming. Five under-cover policemen beat him while he was reporting on a hearing that the Beijing Lawyers’ Association had organized. Their Discipline Committee was punishing human rights lawyer Xie Yanyi. Xie represented Falun Gong practitioners in court. Xu is fully licensed and authorized to report in Mainland China. Another example occurred four days earlier than that. Two unknown men attacked Hong Kong Cable TV reporter Chen Haohui in Sichuan Province while he was reporting on the 10-year anniversary of the 512 Wenchuan Earthquake. These incidents triggered a wave of criticism in Mainland social media. According to Reporters Without Borders, China was ranked number 176 in the Freedom of Press Index, only better than Syria, Turkmenistan, Eritrea and North Korea.

Source: BBC Chinese, May 17, 2018
http://www.bbc.com/zhongwen/simp/chinese-news-44157272

China’s State Media Asks South Korea President Moon Jae-in Not to Be Too Obedient to (the United States)

On April 27, China’s state media, the Global Times published an editorial entitled, “The Korean Summit Achieved Progress; the United States Should Follow the Trend.” The article stated that the Kim-Moon Jae-in meeting wrote about the goal of denuclearization and in “the Panmunjom Declaration,” was striving for an end to the (Korean) war.  However, all the writings were visions; they were not exact plans. The fundamental reason is that these issues ultimately require the United States to come out and talk directly with North Korea. South Korea can only convey its willingness. Its bargaining power is limited.

One cannot help but say that South Korea has played an important role in breaking the deadlock on the peninsula and ushering in today’s negotiations. The situation in the past few months has proved that Seoul will take the initiative to guide the situation as long as it can create and fight for the opportunity. It used to be too obedient to Washington. In the future, Seoul should be more courageous in upholding (and acting on) its own opinions.

For example, President Trump said more than once that he may meet Kim Jong-un or he may not. However, whether Trump will meet Kim Jong-un should not merely be a unilateral decision of the White House. The Blue House (Cheong Wa Dae) should have the right to participate fully in forming opinions. Because what the United States will do is closely related to the interests of South Korea, Seoul is not an outsider, no matter whether Kim and Trump will meet and how they will meet.

Source: Global Times, April 27, 2018
http://opinion.huanqiu.com/editorial/2018-04/11933839.html

China Sends Export Shipment to Iran – Signaling Its Challenge to Washington

According to an article that Deutsche Welle published, President Trump announced the U.S. withdrawal from the Iran Nuclear Deal on May 8. Two days later, China sent a freight train carrying 1,150 tons of sunflower seeds heading to Tehran, the capital of Iran. The article commented that it is hard not to conclude that the timing of the shipment was a signal that China and Iran sent to challenge the decision that the Trump administration made. The article stated that China entered into a trade agreement with Iran two years ago with a trade target to grow to US$600 billion over the next ten years. For China, Iran is a major component of its “One Belt One Road” project in opening up the middle Europe and China – Africa economic corridor. Meanwhile China buys 1/3 of its oil from Iran and is the largest oil buyer for Iran. In the first quarter of 2018, China’s imports from Iran averaged 658,000 barrels of oil each day, up 17.3 percent from the same period in 2017. The article also mentioned that the spokesperson for the Ministry of Foreign Affairs said that China opposes the U.S. decision to withdraw from the Iran Nuclear Deal.

Source: Deutsche Welle, May 11, 2018
http://www.dw.com/zh/%E4%B8%AD%E5%9B%BD%E7%81%AB%E8%BD%A6%E5%BC%80%E5%BE%80%E4%BC%8A%E6%9C%97-%E5%8F%AB%E6%9D%BF%E5%8D%8E%E7%9B%9B%E9%A1%BF/a-43737441?&zhongwen=simp

Article with Chinese Premier Li Keqiang’s Byline Published in Japan

Before his visit to Japan, Chinese Premier Li Keqiang published an article with his byline in a Japanese mainstream media. The article was titled, “Let the Sino-Japanese Peace, Friendship and Cooperation Restart.” The article started with mentioning the short distance between China and Japan. Li said he regretted that it took a long time to push the development of a better relationship. As the second and the third largest economies in the world, it will truly benefit Asia and even the world if the two nations have a healthy relationship. This year marks the 40th anniversary of the Sino-Japanese Peace and Friendship Treaty. Given the global challenges and the regional situation changes, cooperation among China, Japan and Korea will benefit the regional integration process of establishing the East Asian Economic Community. China is committed to peace and openness, which are required to ensure sustained economic growth. The economic complementarity between China and Japan is very strong. Li expected that his visit would witness the signing of a series of mutual economic cooperation agreements, as well as a local currency swap agreement. China will announce the grant of Renminbi Qualified Foreign Institutional Investor (RQFII) status to Japanese investors. Li also called for exchanges in culture, tourism and youth activities.

Source: Official Website of Chinese Central Government, May 8, 2018
http://www.gov.cn/xinwen/2018-05/08/content_5289035.htm

CEFC China Energy Company Failed To Make Its ROSNEFT Stock Purchase

According Russian news agency Sputnik, Glencore, an Anglo–Swiss multinational commodity trading and mining company, announced that it would stop selling the ROSNEFT shares that Glencore and the Qatar sovereign fund QIA owned jointly to CEFC China Energy Company. ROSNEFT is Russia’s national oil company. The cancelled US$9.1 billion deal would have allowed CEFC China Energy to acquire 14.16 percent of ROSNEFT. The Chinese financial news organization Caixin confirmed the news and also reported that CEFC China Energy currently faces the deep trouble of a debt crisis. Its phase-one payment on the ROSNEFT deal was not in place. CEFC China Energy’s US$400 million deposit will not be refunded.

Sources:
1. Sputnik Chinese, May 5, 2018
http://sputniknews.cn/politics/201805051025315260/

2. Caixin, May 5, 2018
http://companies.caixin.com/2018-05-05/101244298.html

Duowei News: Beijing’s Suppression of Taiwan Is Inevitable

Duowei News published an article that stated that Beijing’s suppression of Taiwan is inevitable and that the Tsai Ing-wen administration’s incompetence in handling its domestic affairs will cause it to get into more trouble. The article was referring to the Dominican Republic’s May 1 cutting its ties with Taiwan and its establishment of diplomatic relations with Beijing. This is the third country that has discontinued its foreign relations with Taiwan since Tsai took office. The article stated that it is good news that the number of countries that recognize Taiwan is down from 20 to 19. It claimed that, for Beijing, the two sides of the Strait are still in a state of civil war. The competition between the two sides in the international arena has always been a dispute of who represents China and it is a reasonable and inevitable choice for China to suppress Taiwan. The article further attacked the Tsai administration for its inability to deal with domestic disagreements and the lack of unity among the parties. It reminded Tsai that her administration should focus more on domestic affairs and unity rather than on playing politics.

Source: Duowei, May 1, 2018
http://news.dwnews.com/taiwan/news/2018-05-01/60055249.html

DW Chinese: German Government Will Tighten the Rules on Acquisitions from China

Deutsche Welle Chinese recently reported that German Federal Minister of Economic Affairs and Energy, Peter Altmaier, said not long ago in Berlin that, since more and more Chinese investors have shown an interest in acquiring German companies, the government has been considering tightening up its foreign investment policies. Traditionally, the government would only interfere with a foreign acquisition when the deal was above 25 percent of the total market value of the company. The German government is now considering lowering the veto threshold to 10 percent. In the past, the German government typically stepped in when public security was at risk. Now, more and more consideration is given to the strategic position of the company, as well as whether the buyer is from a European Union member country or not. It is notable that Minister Altmaier picked up on this topic right before German Chancellor Angela Merkel’s visit to the United States.

Source: Deutsche Welle Chinese, April 27, 2018
https://bit.ly/2FpROlk

Samsung Intends to Expand in Vietnam

Well-known Chinese news site NetEase recently reported that Samsung’s CEO Koh Dong-jin told Vietnamese Prime Minister Nguyen Xuan Phuc of his intent to expand the scale of Samsung’s manufacturing in Vietnam. Samsung is Vietnam’s largest foreign investor. In 2017, Samsung Vietnam achieved US$54 billion in exports for Vietnam. This amounted to one quarter of the nation’s total export income. According to the Vietnamese government, Samsung has established eight manufacturing factories and one research and development (R&D) center in Vietnam. The total investment from Samsung has reached US$17.3 billion. Vietnam is now Samsung’s largest smartphone manufacturing base. Prime Minister Nguyen also assured Koh with his promise of providing Samsung with the best investment environment for growth. Samsung currently has plans to hire more local Vietnamese workers in Northern Vietnam. Not long ago, Samsung completely closed down its Shenzhen branch in China.

Source: NetEase, April 21, 2018
http://tech.163.com/18/0421/08/DFTD0S4H00097U7S.html