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A Look at the Global Times’ Editorials on the Trade War with the United States

• 社评:如果美国都亏了,世界还有谁是赚的2018-04-05
• Editorial: If Even the United States Has Been Losing Money, Then Who Else Is Making Money? 04/05/2018

• 社评:中国重拳回击,美方带着痛苦反思吧2018-04-04
• China Fights Back with Heavy Fists; Let the U.S. Reflect on Its Pain 04/04/2018

• 社评:反击美方新攻势,专找它的七寸打2018-04-04
• Counterattack the U.S. New Offensive Move; Hit It Where It Hurts the Most 04/04/2018

• 社评:立威被北京戳破,华盛顿应该反思2018-04-04
• Beijing Pricked the (U.S.) Power Display; Washington Should Rethink (Its Actions) 04/04/2018

• 社评:美企在华分公司是美出口统计灯下黑2018-04-03
• U.S. Export Statistics Overlooked the Sales at the China Branches of U.S. Companies  04/03/2018

• 社评:中国报复美加征关税落下实锤2018-04-02
• China Punches Back against U.S. Customs. Tariffs are at the Center of the Target 04/02/2018

• 社评:华盛顿有“知识产权遭侵犯”妄想症2018-03-30
• Washington Is Paranoid about “Infringements on Intellectual Property Rights” 03/30/2018

• 社评:加拿大被揪耳朵上台为美国捧哏2018-03-30
• Canada Was Forced to the Stage to Sing with the United States 03/30/2018

• 社评:美方作用力越大,中方反作用力越强2018-03-28
• The Greater the U.S. Forces, the Stronger the Chinese Counter Forces 03/30/2018

China Review News: The Philippines Sets an Example for ASEAN Countries of How to Balance China-U.S. Relations

China Review News, one of China’s state controlled media in Hong Kong, published an article to propose that the countries of ASEAN (The Association of Southeast Asian Nations) should follow the Philippine’s example in balancing China-U.S. relations, which is to lean towards China. The article said, “Southeast Asian countries are under increasing pressure due to geopolitical competition between China and the United States. They must choose between China’s economic advantages and the U.S. security umbrella. However, the Philippines may be showing other countries the way out of this dilemma.”

The article referred to a New York Times publication to emphasize the point. It said, “So far, Duterte’s strategy (for the Philippines) and its results have shown other countries a “way out” if they have the political courage and domestic support to emulate the Philippines.” “The Philippines suddenly changed from a staunch American ally to a more independent and neutral position between the United States and China. So far, the Philippines has benefited from better relations with China. At the same time, it has maintained military relations with the United States, although its relations are not as firm as they were previously.”

Source: China Review News, April 5, 2018
http://hk.crntt.com/doc/1050/3/0/5/105030595.html?coluid=58&kindid=0&docid=105030595

Open Letter Denounced Chinese Communist Party’s Accusation that Australia’s Foreign Interference Bill Is Racist

On March 27, The Epoch Times reported on a bill on foreign interference that was introduced in Australia on December 7. A week ago, a group of Chinese scholars demanded that the Australian government withdraw the bill. The group claimed that the bill is a “threat to academic freedom. … The statement that a foreign force would interfere in Australia is over-the-top and is racist. … It could create hostility toward the Chinese population.” In responding to the demand, a group of 27 scholars in Australia published an open letter stating that the fact that the Chinese Communist Party is exercising its influence in Australia is unacceptable and warned that (those making the demand) are using racism as an accusation to end the open debate about the activities that the Chinese Communist Party has been conducting in Australia. The open letter included a list of espionage activities that the Australian government needs to be aware of and stated, “In recent years the CCP’s efforts to influence and interfere in Australia have become increasingly bold, including an overt agenda to influence Chinese communities in Australia. … The CCP seeks to position itself as the protector of overseas Chinese and drive a wedge between Chinese communities and the rest of Australia. … This debate is valuable and necessary.”

The scholars who signed the response include James Leibold, Associate Professor of Politics and Asian Studies, La Trobe University; Feng, Chongyi, Associate Professor in China Studies, University of Technology, Sydney; and Kevin Carrico, Lecturer, Chinese Studies, Macquarie University.

Source: The Epoch Times & sbs.com.au, March 27, 2018
http://www.epochtimes.com/gb/18/3/27/n10254901.htm
https://www.sbs.com.au/yourlanguage/mandarin/zh-hans/audiotrack/open-letter-accusing-ccp-actively-restricting-free-speech-australia?language=zh-hans

Bank of China Double Leadership Named to Ease Conflict and Minimize Financial Risk

The Epoch Times published an article reporting that the Bank of China will have two leaders: Guo Shuqing who will be the party secretary and Vice Governor and Yi Gang who will be the Governor and deputy party secretary. Guo Shuqing is also the chairman of the China Securities Regulatory Commission (CSRC). Guo will be in charge of human resources, party affairs and reform while Yi will be in charge of operations. Both Guo and Yi report to Liu He, Vice Premier and economic counsel to Xi Jinping. The Epoch Times reported that, since the China Securities Regulatory Commission was separated from the Bank of China in 2003, the relationship between the two has not gone well. The recent new appointment which involves having two leaders managing the Bank of China is unprecedented and is meant to minimize the conflicts that have existed between two agencies. It will also ensure that there is no overall financial risk as it is currently placed as one of the main obstacles that Xi Jinping has to face in the next three years.

Source: The Epoch Times, March 26 & 27
http://www.epochtimes.com/gb/18/3/26/n10250775.htm
http://www.epochtimes.com/gb/18/3/27/n10252798.htm

China’s State Grid Unable to Buy Stake in 50Hertz, a German Electricity Network

According to an article The Epoch Times published on March 23, Belgium’s Elia System Operator issued an official announcement that it has decided to buy a 20 percent stake in 50Hertz, a German Electricity Network from IFM, an Australia investment group. Elia System Operator currently has 60 percent of the ownership and will thus end up owning 80 percent of the stock while IFM will keep the other 20 percent. The article stated that the decision has officially ended China’s bid to be a potential shareholder of 50Hertz, which is one of the four transmission system operators in Germany. It plays a key role in the renewable energy field. The article reported that China’s intent to buy a 20 percent stake in 50Hertz raised serious concerns among politicians in Germany as they feared that China would gain control of Germany’s sensitive infrastructure technology. An article that Radio France Internationale published quoted a source from the German Handelsblatt Newspaper that the German Ministry of Economics even approached Elia to buy a stake in 50Hertz. This is not the first time that China State Grid failed in a foreign investment. Two years ago, the Belgium intelligence agency blocked China State Grid when it intended to buy into another Belgium Energy company, Eandis. It cited China State Grid’s close ties with the Chinese government and the Communist Party as well as concerns over maintaining customer information confidentiality. Currently China State Grid has stock ownership in electric grid companies in Portugal, Italy, and Greece.

Source: The Epoch Times & Radio France Internationale, March 24, 2018
http://www.epochtimes.com/gb/18/3/24/n10246580.htm
http://cn.rfi.fr/20180324-%E4%B8%AD%E8%B5%84%E5%85%A5%E8%82%A1%E5%BE%B7%E5%9B%BD%E7%94%B5%E7%BD%91%E5%8F%97%E6%8C%AB

In the Trade War, China Should be Careful about a United West

Well-known Chinese news site Sina recently published an online commentary analyzing the roles played internationally in the upcoming “trade war” that U.S. President Trump started. It seems Mr. Trump’s card of steel and aluminum duty exemptions was designed to force the traditional allies to align with the U.S. position against China. Although the EU governments have not made any announcements, yet some EU media are already setting the stage for a “United West.” For example, Frankfurter Allgemeine Zeitung (FAZ, the German national daily newspaper) came out in favor of standing “shoulder to shoulder with Washington.” At the same time, Finanz und Wirtschaft (the Swiss financial newspaper published in Zurich) also published an article, pointing out that the EU faced the same “admission to market” barriers in China that the United States faced. Handelsblatt (Germany’s largest financial newspaper) published its commentary describing Trump’s trade war as “not intended to fire at Europe,” saying that the EU should find a “common ground” with the U.S. to battle China’s unfair trade tactics. Looks like the EU countries are forming their strategy based on choosing an ally. At this historic moment, shouldn’t China take some action?

Source: Sina, March 26, 2018
http://finance.sina.com.cn/stock/usstock/c/2018-03-26/doc-ifysqfnh0766292.shtml

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