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WORLD

By Tianyu M. Fang / Jul 04, 2019 06:15 PM / World

Photo: VCG

Photo: VCG

The U.S. must remove all punitive tariffs if a deal is reached between Washington and Beijing, Gao Feng, spokesperson of China’s Ministry of Commerce, said Thursday.

Washington’s unilateral tariffs on Chinese exports were the starting point of the trade frictions, Gao said at a press briefing, stressing that tariffs hurt both sides and ultimately harm the interests of American corporations and consumers while creating uncertainty for the global economy.

At the recent G-20 Summit in Osaka, Japan, Chinese President Xi Jinping and U.S. President Donald Trump agreed to resume trade talks after months of escalated tension. Global markets rallied as the U.S. chose not to impose threatened additional tariffs on $300 billion worth of Chinese goods.

When asked whether the U.S. and China are competitors or enemies, President Trump told Caixin in Osaka that the two countries are “strategic partners.”

Related: Xi and Trump Agree to Restart Trade Talks While U.S. Halts Additional Tariffs

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WORLD

/ Jun 17, 2019 07:42 PM / World

President Xi Jinping, who is also the general secretary of the Communist Party of China, will pay a state visit to North Korea on Thursday and Friday, the official Xinhua News Agency reported on Monday.

Xi was invited by North Korean leader Kim Jung Un, according to the Xinhua report, which used the country’s official name, the Democratic People’s Republic of Korea.

Kim met with Xi in China four times between March 2018 and January 2019, according to earlier Xinhua reports (link in Chinese).

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By Bloomberg / Jun 10, 2019 12:25 PM / World

Russell Vought. Photo: Andrew Harrer/Bloomberg

Russell Vought. Photo: Andrew Harrer/Bloomberg

A senior White House official is seeking to delay putting in place portions of a law that limits the U.S. government’s business with China’s Huawei Technologies Co., according to a person familiar with the matter.

In a letter to Vice President Mike Pence, White House acting budget chief Russell Vought asked to delay a provision of the 2019 National Defense Authorization Act that bars any executive agency, government contractor or company that receives a government loan or grant from using Huawei equipment.

Vought warned that the law will place burdens on U.S. companies that use Huawei technology, according to the person. The Wall Street Journal, which reported Vought’s letter earlier Sunday, said he warned that the law could dramatically reduce the number of companies that would be able to supply the U.S. government.

The Trump administration has said Huawei, China’s largest technology company, represents a national security threat and has been pressing allies to exclude the company from 5G networks. The administration has also blacklisted the Chinese company, cutting off the supply of American components it needs to make its smartphones and networking gear.

View Caixin Global's full coverage of Huawei

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By Yang Ge / Jun 06, 2019 04:03 PM / World

Photo: VCG

Photo: VCG

The budding romance between China and Russia is reaching new heights.

Forget about their newest agreement to “upgrade their relations to a comprehensive strategic partnership of coordination for a new era,” which was announced Wednesday by the Xinhua news agency.

For local people, there may have been more interest in the latest headlines coming from the zoological front, which have China bestowing a pair of pandas on the Moscow zoo. According to English website of Russian news outlet RT, the gift makes Russia just one of 18 countries globally to host the cuddly creatures, which typically become instant celebrities at any zoos where they reside.

The pair, named Ru Yi and Ding Ding, were actually given to Russia at the end of April but made their formal debut this week on a visit to the country by Chinese President Xi Jinping, Reuters reported. The pair are on loan to Moscow for 15 years as part of a research program.

Pandas are one of China’s most recognizable symbols, and lending of the animals to zoos around the world has become a common act of goodwill to other countries, leading some to call the practice “panda diplomacy.” One of the earliest such acts came following Richard Nixon’s famous trip to China in 1972, after which the U.S. was given a pair of pandas that resided at the Washington zoo for decades until their deaths.

Related: The Three Most Overrated China Travel Experiences

Contact reporter Yang Ge (geyang@caixin.com)


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By Zhao Runhua and Teng Jing Xuan / Jun 04, 2019 06:31 PM / World

Photo: VCG

Photo: VCG

Chinese citizens and companies in the U.S. risk “harassment” from law enforcement authorities and should also be wary of increased violent crime, Beijing said in two travel alerts issued Tuesday amid escalating trade tensions between the two countries.

China’s Ministry of Foreign Affairs said in one alert that U.S. authorities had used customs inspections and drop-in interviews to harass Chinese nationals.

Chinese citizens should also be aware of increased cases of “gun shooting, robbery and theft” in the U.S., China’s Ministry of Culture and Tourism said in its own travel notice.

When asked about the warnings, foreign ministry spokesperson Geng Shuang said that the U.S. authorities “should know clearly in their hearts” what they have done, the People’s Daily reported.

The two notices will be valid until the end of the year, and follow a Monday warning from China’s Ministry of Education about extended visa processing periods and increased rejection rates faced by Chinese students studying in the U.S.

Related: China Issues Warning Over U.S. Student Visa ‘Risks’

Contact reporter Zhao Runhua (runhuazhao@caixin.com)

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By Zhao Runhua / Jun 03, 2019 05:53 PM / World

People wait in line to apply for visas outside the U.S. embassy in Beijing on June 26, 2012. Photo: VCG

People wait in line to apply for visas outside the U.S. embassy in Beijing on June 26, 2012. Photo: VCG

China is urging citizens to be wary of heightened “risks” when studying in the U.S.

Some Chinese citizens who had applied to study or are currently enrolled at U.S. institutions have faced constraints including extended visa processing periods and increased rejection rates, according to a warning issued Monday by the Ministry of Education, which asked Chinese people to “strengthen assessment of risks” when planning to study abroad.

Reports emerged earlier this year of Chinese students and scholars in engineering and science programs at U.S. universities experiencing problems similar to the ones described in the warning.

“We hope to allow people to legally travel and immigrate to the United States while protecting U.S. citizens and national security,” a spokesperson from the U.S. Embassy in Beijing told Caixin in March in response to the issue.

Related: In Depth: Chinese Students in Limbo as Wait for U.S. Visas Stretches for Months

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By Tang Ziyi / Jun 03, 2019 01:10 PM / World

Photo: VCG

Photo: VCG

One of the world’s largest science publishers has lifted a ban limiting Huawei employees’ participation in the peer review process, even as recent U.S. restrictions on the Chinese telecom company place pressure on international partners to cut ties.

The U.S.-based Institute of Electrical and Electronics Engineers (IEEE) said Monday it would no longer ban Huawei staff from certain peer review procedures for research papers published by the IEEE.

It’s a reversal of a ban enacted by the IEEE last week to comply with a U.S. Department of Commerce decision to place Huawei on its “entity list,” which effectively prohibits American companies from selling technology to the embattled telecommunications giant.

IEEE now says the initial restrictions had been intended “to protect our volunteers and our members from legal risk,” but that the risk had been addressed after it received clarification from the U.S. Department of Commerce.

“All IEEE members, regardless of employer, can continue to participate in all of the activities of the IEEE,” the organization said on Monday.

Huawei’s inclusion on the entity list, widely seen as a sign of the Trump administration doubling down on its accusation that Chinese firms regularly steal U.S. technology, has prompted fears of a freeze in academic cooperation between the two countries.

Last week, the China Computer Federation, China’s leading computer science research community, responded to the IEEE’s initial restrictions on Huawei staff by cutting off ties with an IEEE division.

Related: U.K.’s 5G Launch Gives Huawei Spot of Good News After Recent Setbacks

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by Teng Jing Xuan / May 31, 2019 06:32 PM / World

China's Ministry of Commerce. Photo: IC Photo

China's Ministry of Commerce. Photo: IC Photo

China plans to place foreign companies considered to have damaged the interests of Chinese companies on an “unreliable entity” list, the country’s commerce ministry said Friday.

The announcement of the list comes after the U.S. Department of Commerce put Chinese telecommunications giant Huawei on its “Entity List,” effectively banning American companies from selling technology to Huawei.

China’s own list, which will also include organizations and individuals, will target entities deemed to have blockaded or cut off Chinese companies from suppliers for non-commercial reasons, Gao Feng, spokesperson of the Ministry of Commerce, said, promising further details soon.

Read our full coverage here.

A previous version of this post incorrectly described the U.S. Department of Commerce action against Huawei.

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By Zhao Runhua / May 31, 2019 11:52 AM / World

Photo: IC Photo

Photo: IC Photo

Tit-for-tat tensions have spread to research groups.

China’s leading computer science research community announced Thursday it will “temporarily suspend communications and cooperation” with a unit under the world’s largest technical community, the Institute of Electrical and Electronics Engineers (IEEE).

The move comes after U.S.-based IEEE confirmed earlier this week that it is banning Huawei staff from being editors or reviewers during the peer-review process for research papers, to comply with the U.S. government’s “Entity List” as a New York-registered “non-political and non-profit organization.” 

The China Computer Federation (CCF) responded by saying that the IEEE unit, a publication arm called Communications Society (ComSoc), has betrayed any research group’s fundamental principles — “openness, equality, and being non-political” — using local laws as excuses. ComSoc also failed in its pledge to serve "professionals everywhere,” CCF said.

Apart from the communications and cooperation suspension, CCF recommended that its members neither submit papers to any ComSoc-led conferences or journals, nor participate in its scholarly events, such as paper-reviews.

CCF said the decisions will take effect immediately.

Read Caixin’s trade war coverage here and Huawei coverage here.


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By Qing Ying and Teng Jing Xuan / May 30, 2019 04:17 PM / World

Photo: IC Photo

Photo: IC Photo

Beijing has warned it will not tolerate the use of Chinese rare earth products to “suppress China’s development,” following reports that the country may restrict exports of the materials to the U.S. as part of an ongoing trade conflict.

Rare earths are used in the manufacture of a wide range of products, including consumer electronics, military equipment and gasoline.

"China upholds the policy of open and cooperative sharing,” Commerce Ministry Spokesperson Gao Feng said Thursday, adding that China, the world’s largest supplier of the minerals, was “willing to satisfy the reasonable demand for rare earths of any country.”

However, Gao said, “If any country wishes to use rare earths exported by China to manufacture products to suppress China’s development,” this would be “hard to accept.”

Related: Rare Earth Stocks Rise on Back of Trade War Concerns

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By Zhao Runhua / May 21, 2019 03:13 PM / World

Photo: VCG

Photo: VCG

Chinese drone-maker DJI Technology has responded to a U.S. government warning that many believe was aimed in its direction.

The Department of Homeland Security said some Chinese-made drones may “contain components that can compromise” users’ data and share information with servers accessible by the Chinese government.

While the department did not mention specific companies, a CNN report linked the warning to DJI, which dominates the North American drone market.

In response, DJI said all data produced, stored, and transmitted by DJI products is “completely” controlled by users in an official statement published by the state-run Global Times on Weibo.

The company said its security standards have been proven "again and again" worldwide, adding that it also offers a setting that allows users to turn off a drone’s internet connection and only store data locally.

"Will all successful Chinese companies face pressure from the U.S.?" the Global Times commented on the statement. "CNN's report makes us concerned with the tolerance level of the U.S."

Related: Engineer Jailed for Leaking Drone Giant DJI’s Code Online

 

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By Zhang Qi, Ye Zhanqi and Mo Yelin / May 16, 2019 01:55 PM / World

Photo: VCG

Photo: VCG

The Trump administration has moved to prevent Huawei from doing business with American suppliers, following a similar move last year toward rival ZTE that nearly forced it to temporarily shut down operations.

The U.S. Department of Commerce announced it would add Huawei to its “Entity List” shortly after president Donald Trump signed an executive order that could effectively ban the Chinese company from selling technology in the American market. Being put on the “Entity List” means that U.S. companies would have to obtain special licenses to sell products to Huawei.

In response to Trump’s executive order, China’s Foreign Ministry accused the U.S. government is abusing its power to crack down on Chinese companies. Such measures are “disgraceful and unjust,” a spokesperson for the ministry said Wednesday.

Huawei said it is “willing to engage with the U.S. government and come up with effective measures to ensure product security.”

The Commerce Department’s ban would be in effect until the company is listed in the Federal Register. The department did not specify when that would happen.

See more of our Huawei coverage here.


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By Yu Pei-hua, Xie Wenwen, Zhang Yiou and Jason Tan / May 15, 2019 11:48 AM / World

Why did Malaysia decide to resume a controversial China-run rail project after its new prime minister slammed it as “unnecessary,” coming with “damaging terms,” and bound to saddle the country with huge debt?

Daim Zainuddin, the special envoy to Prime Minister Mahathir Mohamad, spoke to Caixin in an exclusive interview on why the East Coast Rail Link is going forward after all.

Read the full story here.

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By Fran Wang / May 10, 2019 01:20 PM / World

Photo: IC Photo

Photo: IC Photo

Beijing will retaliate against Washington’s raising of tariffs on Chinese imports, the Ministry of Commerce said Friday. 

The U.S. on Friday increased additional tariffs on $200 billion worth of Chinese goods to 25% from 10%, putting an earlier threat by President Donald Trump into practice. The escalation came as high-level bilateral negotiations aimed at resolving the trade dispute were going on in Washington D.C.

“China deeply regrets” the U.S. decision and “will have to take necessary countermeasures,” the ministry said in a statement.

But Beijing still urged Washington to deal with the row through dialogue.

“We hope the U.S. will meet China halfway and make joint effort (with us) to resolve our problems through cooperation and consultations,” the statement said.

The tariff hike took effect midday Beijing time after the U.S. Trade Representative filed paperwork on the previous day to formalize Trump’s earlier threat on Twitter to raise the taxes, in which he criticized bilateral negotiations for moving “too slowly.”

See more of our coverage of China-U.S. trade disputes here

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By Zhang Qi and Zhao Runhua / May 10, 2019 11:21 AM / World

Photo: Caixin

Photo: Caixin

“I came to Washington with sincerity,” Chinese Vice Premier Liu He told reporters after he arrived in the U.S. Thursday for yet another round of trade talks, state-run CCTV reported.

Liu said he hoped to “engage in rational and candid exchanges with the U.S. side” under such “special circumstances.”

Earlier this week, U.S. President Donald Trump threatened to raise tariffs on $200 billion of annual Chinese imports to 25% from 10%. U.S. Trade Representative Robert Lighthizer Wednesday confirmed the tariff increase would begin Friday morning U.S. time.

The vice premier admitting that his delegation’s trip to the U.S. is “under pressure,” said China is showing the “greatest” sincerity to solve related problems with the "best solutions."

Liu said the two economies are in one “industrial chain” that involve each other, and lifting tariffs on China will be harmful to both sides.

Liu had a working dinner with Lighthizer and Treasury Secretary Steven Mnuchin, and will continue related talks Friday morning, the White House said.

Related: China Rejects U.S. ‘Backtracking’ Charge and Urges Dialogue in Trade Dispute

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By Isabelle Li / May 09, 2019 05:44 PM / World

Photo: IC Photo

Photo: IC Photo

China will host a World Trade Organization (WTO) mini-ministerial meeting in Shanghai in early November, Ministry of Commerce spokesperson Gao Feng said Thursday at a regular press conference.

Representatives from different parties will discuss the multilateral trading system and WTO reforms, according to the spokesperson.

Beijing is keen to push for reforms at the WTO, as well as maintain an effective multilateral trading system for what it calls an open world economy, Gao said.

Related: Commerce Ministry Rejects U.S. Allegations of ‘Poor’ WTO Compliance

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By Zhou Chen and Jason Tan / May 09, 2019 12:55 PM / World

Photo: IC Photo

Photo: IC Photo

The legal team of Huawei CFO Meng Wanzhou has argued Meng should be granted stay of extradition proceedings on the basis of statements made by U.S. President Donald Trump that imply her arrest was “politically motivated.”

The argument was made by Meng’s defense lawyers at the British Columbia Supreme Court on Wednesday, where Meng was present for a hearing. The Canadian court granted Meng’s request to move from her current residence to a newly renovated $10 million mansion for “greater privacy,” as she is under house arrest in Canada pending resolution of her extradition case.

In December, Meng was arrested in Vancouver by Canadian authorities on the request of the U.S., which is seeking her extradition on fraud charges.

Meng's lawyers on Wednesday did not say when they would apply for the stay of the extradition hearing. But Meng is set to next appear in court on Sept. 23, when her defense will make more applications for further disclosure of details surrounding her arrest at the airport. The entire extradition process could take years.

Related: Beijing Backs Huawei’s Lawsuit Against U.S. Government

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By Zhao Runhua / May 08, 2019 04:50 PM / World

Photo: IC Photo

Photo: IC Photo

Prepare for takeoff.

Beijing’s much-anticipated new Daxing International Airport will begin flight tests for passenger planes on Monday, according to an official statement.

Air China, China Eastern Airlines and China Southern Airlines will send their flagship Boeing and Airbus planes on tests for what will become the capital’s third airport.

Built to take stress off Beijing Capital International Airport, one of the busiest in the world, the Daxing airport is expected to eventually handle 100 million passengers a year.

Related: Gallery: Beijing’s New Airport Is Nearly Ready for Takeoff

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By Zhao Runhua / May 07, 2019 03:13 PM / World

Chinese Vice Premier Liu He. Photo: VCG

Chinese Vice Premier Liu He. Photo: VCG

Chinese Vice Premier Liu He will travel to the U.S. for trade talks scheduled for May 9 and May 10, at the invitation of U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin, state-run Xinhua News Agency reported Tuesday.

One day earlier, U.S. president Donald Trump threatened China with higher tariffs while claiming China’s attempts to re-negotiate might affect the talks’ progress.

A spokesperson for China’s Ministry of Foreign Affairs later said a Chinese delegation was in preparation to travel to the U.S. for the talks, without specifying any delegates.

Yesterday, China’s stock markets experienced their biggest drop in more than three years, as investors worried about potential new U.S.-China trade tensions and also pocketed gains from a strong bull market at the start of the year.

Related: China Stocks Post Biggest Drop in More Than Three Years

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By Tanner Brown / May 05, 2019 04:13 PM / World

Hoover Tower is seen at Stanford University in Stanford, California, United States on March 13, 2019. More than 40 people, including actresses Lori Loughlin and Felicity Huffman, have been prosecuted in a college admission bribery scheme.

Hoover Tower is seen at Stanford University in Stanford, California, United States on March 13, 2019. More than 40 people, including actresses Lori Loughlin and Felicity Huffman, have been prosecuted in a college admission bribery scheme.

The Chinese family alleged to have paid $6.5 million to get their daughter into Stanford say the financial contribution was a charitable donation and that they are victims in a widening admissions scandal.

Zhao Yusi, the daughter of the chairman of a Chinese pharmaceutical company, is suspected of entering the prestigious school using a fake sports resume. The allegedly fraudulent documents were reportedly procured by the man at the center of the scandal — William “Rick” Singer — who has already pleaded guilty to a number of crimes relating to the dozens of students he fraudulently helped get into elite schools.

No one from Zhao’s family has yet been charged. But 33 other parents have, for allegedly paying $15,000 to $75,000 per student for falsified entrance exams, and $100,000 to $400,000 for athletics-related scams.

If Zhao’s family were indeed complicit in the fraud, the amount they paid would dwarf the amount others had paid.

The only other student caught up in the scandal who allegedly paid over a $1 million is also Chinese. Sherry Guo got into Yale also through Singers’ dealings.

The Guo family claims that language and cultural barriers prevented them from fully realizing the illicit nature of Singers’ activities. No one from Guo’s family has yet been charged with a crime.

Related: How Exam Stress Pushed a Chinese Schoolgirl Into Drug Addiction

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