Obama in Beijing
Former U.S. president Barack Obama made his first visit to Asia since leaving the White House. He met Chinese President Xi Jinping on November 29.
- Xinhua News Agencyย saysย thatย โXi made a positive appraisal of Obama’s efforts in promoting China-U.S. relations during his presidency.โ
- Xinhuaย took a very smiley photograph โ see above. Shanghai-based Financial Timesย reporter Tom Hancock suggestedย a caption: “And he actually tweeted that?”
The drums of trade wars
Reutersย reportsย that the U.S. has โformally told the World Trade Organization (WTO) that it opposes granting China market economy status.โ
- The European Union also opposes this designation โbecause of the pervasive role of the Chinese state, including rampant granting of subsidies, in its economy.โ
- If China is not given market status, under WTO rules, trading partners could impose high anti-dumping duties on Chinese goods.
- The Financial Timesย also reportsย (paywall) that โDonald Trumpโs administration has put its main programme for bolstering economic relations with China on ice as it complains about the two countriesโ swollen trade imbalance.โ
- Another stress point: Shenzhen-based DJI, the worldโs biggest maker of drones, is โ according toย (paywall) the New York Timesย โ โfighting a claim by one United States government office that its commercial drones and software may be sending sensitive information about American infrastructure back to China.โ
Two quick links
- Despite the scams and quality problemsย that plague traditional Chinese medicine (TCM), the scientific journal Natureย reportsย that from early next year, TCM medicines โmay no longer be required to pass safety trials in humansย in China.โ
- China scholar Geremie Barmรฉ has published an excellent reviewย of Art and China After 1989: Theater of the World, currently showing at the Guggenheim Museum in New York.