News roundup: Musicians are the first victims of China-South Korea tensions
Top China news for January 24, 2017. Get this daily digest delivered to your inbox by signing up atย supchina.com/subscribe.
South Koreanย sopranoโs performances canceled in China ย
Concerts planned for February in Beijing, Shanghai, and Guangzhou by South Korean soprano Sumi Jo have been canceled. Koreaโsย Yonhap News Agency interpretsย the move as โChinaโs retaliation against Seoulโs plan to deploy an advanced U.S. missile defense system on its soil.โ The tensions between Beijing and Seoul date back to July 2016, when South Korea announced plans for the missile system known as THAADย (Terminal High Altitude Area Defense).
On her Twitter account, Ms. Jo wroteย (in Korean)ย that she had been preparing for the concert for two years and was not given a reason for the cancellation. A performance by South Koreanย pianist Paik Kun-Woo scheduled for March 18 was canceled as well. Yonhapย also notes that โChina is seen as targeting South Korean-made products in retaliation of THAAD.โย
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CEOs look to Trump for help on China
The CEOs of 12 large American manufacturing companies met President Trump on Monday and asked for his help in dealing with China. Attendees included the chief executives of Dell, Ford Motor Company, Johnson & Johnson, Lockheed Martin, and U.S. Steel. CNBCย has published a good summaryย of the meeting, including a complete list of companies represented, and details of some of their troubles in the Middle Kingdom.
Meanwhile, Reutersย reportsย that the CEO of Fedex has called Trumpโs withdrawal from the Trans-Pacific Partnershipย (TPP) โunfortunateโ and said that โthe real beneficiary of that is China.โ A pieceย in the Washington Postย agrees, calling the decision Chinaโs โfirst big win.โ The South China Morning Post notesย that Chinese foreign ministry spokeswoman Hua Chunying โsaid China would continue to back alternatives to the TPP โ including the Free Trade Area of the Asia-Pacific and Regional Comprehensive Economic Partnership.โ Yesterday on The China Project, we linked to a number of other commentaries that see the U.S. withdrawal as a victory for China.
โJeremy Goldkorn
Today on The China Project
The China Projectโs Kaiser Kuo was at the World Economic Forum in Switzerland last week. Today we publish a short essayย he wrote after mingling with the Davos menย and listening to Chinese president Xi Jinpingโs speech.
This issue of the The China Projectย newsletter was produced by Sky Canaves, Lucas Niewenhuis, and Jiayun Feng. More China stories worth your time are curated below, with the most important ones at the top of each section.
BUSINESS AND TECHNOLOGY:
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Alibaba revenue up 54% to $7.67 billion, but entertainment losses deepenย / Varietyย ย ย ย ย ย ย ย
Ecommerce giant Alibaba announced financial results for the quarter that ended December 31, 2016, showing a 54 percent increase in revenue, with the group total hitting $7.67 billion. But losses in the entertainment sector grew to $463 million, up from $156 million in the same period in 2015. In its press release, Alibaba said that consolidation of its media and entertainment businesses would โrealize greater synergies within the segment,โ but the company still has to prove that it can make a profit outside of the ecommerce and online financial services sectors that it dominates. -
Chinaโs growing ambitions in spaceย / The Atlanticย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย
China is โmoving boldly ahead with its own space-exploration efforts,โ and plans to conduct about 30 launches this year, up from 21 successful orbital-launch missions in 2016. A recentย reportย from the China National Space Administration (CNSA) said that this year, CNSA will launch its first cargo spacecraft to resupply a space laboratory; in addition, it will land a rover on the far side of the Moon next year. A Mars rover is planned for 2020. NPRย reportsย that China is planning a mission to bring lunar samples back to Earth late this year.
- China-led investment bank AIIB to add 25 new member countries in 2017ย / GB Times
- China trade flows threatened by capital flight battleย / Financial Times (paywall)
- Stock market index provider SCI head expresses concern on China capital controlsย / Reuters
- China plans steps to cut local influence on economic dataย / Bloomberg
- China tourism body backs boycott of Japanese hotel group APAย / Reuters
POLITICS AND CURRENT AFFAIRS:
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Chinese liberal think tank slams Beijing censors after website and media accounts shut downย / SCMPย ย ย ย ย ย ย ย
As noted yesterday on The China Project, authorities in Beijing shut down 17 Chinese websites last Friday, including two run by the Unirule Institute of Economics, and a think tank founded by the influential and independent-minded economist Mao Yushiย (่ ไบ่ฝผ). A number of Uniruleโs social media accounts were also shut down. Earlier today, it hit back by publishing a letter online accusing the authorities of aiming to silence the institute, and complaining that no formal procedures were followed before the shutdown. The letter also asked for greater tolerance from the government for non-governmental organizations, and pointed to Xi Jinpingโs recent speechย about free trade at Davos, noting that โfree trade and free expression share inherent links.โ The letter, a rarity in the current climate of strict controls on speech and ideology, was swiftly deleted from the internet.
- Is Trump ready for war in the South China Sea, or is his team just not being clear?ย / Washington Post
- China hits back at U.S. over South China Sea claimsย / BBC
- Trump Injects High Risk Into Relations With Chinaย / NYT (paywall)
- Theresa May plans China visit to bolster tradeย / CNBC
- Opinion: A U.S.-China role switch: Whoโs the globalist now?ย / WSJ (paywall)
SOCIETY AND CULTURE:
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Theme song from new Han Han movie faces online backlash over sexist lyricsย / Weibo (in Chinese)
Celebrity blogger, race car driver, and director Han Hanโs new film, Ride the Winds, Break the Wavesย (also known as Duckweed), is set for release on January 28, but itโs already under fire for its sexist theme song. Titled โA Manly Manifesto,โย the song includes lyrics such as โTo be my wife, you should wake up earlier than me and go to sleep later than me,โ โI am not capable of doing housework, so it is your work,โ and โI might not have a love affair, probably not.โ After the songโs release, online commenters quickly diagnosed Han Han with โstraight man cancer,โ a term coined by Chinese internet users to describe male chauvinistic attitudes. Some of the most upvoted comments are โI feel bad for the girl who married the guy in this songโ and โI hate this song, but it represents the voice from the vast majority of men in contemporary China.โ You can listen to the whole song hereย (in Chinese). -
Chinese are celebrating lunar new year by escapingย / Bloomberg
According to a survey conducted by Chinese online travel service Ctrip.com, Chinese travelers will visit 174 destinations outside mainland China for 9.2 days on average during the upcoming Chinese New Year. Bloombergย attributes the trend to Chinese consumersโ higher levels of disposable income, new flights added by airline companies, and easier visa processes for countries such as Japan and Australia.
- China readies for worldโs biggest human migration: Quick take Q&Aย / Bloomberg
- In China, an ancient people watch their floating life dissolveย / NYT (paywall)
- Scientists discover prehistoric giant otter species in Chinaย / NPR
- Fuling Journal: A Chinese nuclear site, hidden in a mountain, is reborn as a tourist drawย / NYT (paywall)