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Jan 04, 2023Read in browser | Subscribe
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China's Shaky Economy in 2023

(Source: Wikimedia Commons)
 

Jan 02 | NYT
 

China's economy faces a perilous road to recovery

Faced with an unpredictable – and uncontrolled – epidemic and financial uncertainty, people and companies are spending cautiously, suggesting China's road to economic recovery will be uneven and painful. More

More on Our Radar

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Happenings on the Hill

Newly Introduced Legislation

 

H.R.9700 | sponsored by Rep. Steve Chabot (R-OH)
 

Clarifying U.S. Position on Taiwan Sovereignty

A bill to clarify the legal basis for the position of the United States on sovereignty over Taiwan and distinguish such position from the People's Republic of China's "one China" principle.
 

S.5352 | sponsored by Sen. Rob Portman (R-OH)
 

Examining Economic Integration with the PRC

A bill to require a report on the state of economic integration between the United States and the People's Republic of China.

 

Congressional Calendar

 

The Senate elected its leaders on Tuesday and is now in recess. The House is in session today with leadership elections in progress.
 

Administration

 

Jan 01 | Reuters
 

Blinken discusses U.S.-China ties in call with new foreign minister Qin Gang

Secretary Blinken said he discussed the U.S.-China relationship and efforts to maintain open lines of communication in a telephone call with Foreign Minister Qin Gang, who previously was ambassador to the United States. More

Top News

118th Congress

 

Jan 01 | The Wire China
 

The House's new China agenda

When the Republican Party takes over the House of Representatives in January, the new group of lawmakers will bring a wide-ranging — and decidedly hawkish — China agenda with them. More  

Taiwan

 

Dec 28 | AP
 

Taiwan extends compulsory military service

Taiwan will extend its compulsory military service from four months to a year starting in 2024, President Tsai Ing-wen said. Those born before 2005 will continue to serve four months, but under a revamped training curriculum aimed at strengthening the island's reserves forces. More
 

Dec 23 | WSJ
 

Taiwan to get loans, not grants, to buy U.S. weapons

The overall $1.65 trillion spending package passed by the Senate on Thursday and the House on Friday includes $2 billion in financing of military sales for Taiwan for the current fiscal year. More  

Geopolitics

 

Jan 04 | Nikkei Asia
 

Xi tells Marcos that China is ready to restart oil exploration talks

Chinese President Xi Jinping on Wednesday told visiting Philippine counterpart Ferdinand Marcos Jr. that Beijing is ready to restart discussions on joint oil and gas exploration. Xi met with Marcos as the leaders aimed to lay the groundwork for stronger bilateral relations despite lingering friction over the South China Sea. More


Dec 29 | Clarksville Online
 

Marsha Blackburn, colleagues' Pacific Islands Embassies Act becomes law

The legislation establishes physical U.S. Embassies on the Pacific Island nations of the Solomon Islands, Kiribati, and Tonga, and authorizes expanded physical presence on Vanuatu to reinforce American leadership in the Pacific region. More
 

Dec 28 | Bloomberg
 

South Korea barely mentions China in new Indo-Pacific strategy

The strategy report, first of its kind, calls Beijing a "key partner" and said Seoul will "will nurture a sounder and more mature relationship as we pursue shared interests based on mutual respect and reciprocity, guided by international norms and rules." More
 

China-Russia

 

Dec 30 | NYT
 

Xi and Putin meet again, two strongmen in a weak moment

President Xi acknowledged the “complicated and consistently changing international situation,” but said China was ready to improve “strategic collaboration” with Russia. President Putin invited Xi to visit Moscow and suggested the two countries could overcome the “unfavorable external situation” together. More
 

Dec 30 | The Intercept
 

Hacked Russian files reveal propaganda agreement with China

A bilateral agreement signed July 2021 makes clear that cooperating on news coverage and narratives is a big goal for Russia and China. The two sides pledged to “further cooperate in the field of information exchange, promoting objective, comprehensive and accurate coverage of the most important world events.” More
 

Military & Maritime

 

Jan 04 | CNN
 

Videos show both sides of U.S.-China aerial close encounter

Performing what the U.S. military deemed an “unsafe maneuver,” a Chinese navy J-11 fighter jet flew within 20 feet of the nose of a US RC-135 Rivet Joint, an unarmed reconnaissance plane with about 30 people on board. While China rejects the claims, videos released by both countries confirm the incident took place. More
 

Dec 22 | The Guardian
 

Surge in China's military operations reflects 'new normal' under Xi Jinping

A rush of Chinese military actions across the region last month has capped off a year of increased activity, as President Xi Jinping displays China's increased military might despite economic struggles and the impact of the zero-Covid policy and its sudden end. More  

Tech & National Security

 

Jan 01 | NYT
 

U.S. pours money into chips, but even soaring spending has limits

Across the nation, more than 35 companies have pledged nearly $200 billion for manufacturing projects related to chips since the spring of 2020. The increase in investment will improve U.S. production, but it is unlikely to eliminate U.S. dependence on Taiwan for the most advanced chips. More


Dec 26 | WSJ
 

TikTok security dilemma revives push for U.S. control

Citing security concerns over TikTok, some Biden administration officials are pushing for a sale of the Chinese-owned company's U.S. operations to ensure Beijing can't harness the app for espionage and political influence. More


Dec 22 | WSJ
 

China's chip equipment imports plunge as U.S. export controls bite

Chinese customers bought $2.3 billion worth of chip-making equipment in November, a drop of 40% from a year earlier and the lowest level since May 2020. More  

Economics & Trade

 

Jan 02 | BBC
 

Third of world in recession this year, IMF head warns

Kristalina Georgieva said 2023 will be "tougher" than last year as the US, EU and China see their economies slow. The IMF cut its outlook for global economic growth in 2023 in October, due to the war in Ukraine as well as higher interest rates. More


Dec 28 | WSJ
 

China increases trade in Asia as U.S. pushes toward decoupling

While the U.S. has sought to persuade countries to reduce their dependence on China, trade ties between the world's second-largest economy and the rest of Asia are deepening as economies grow and companies refashion supply chains. More  

Business & Investment

 

Jan 02 | Nikkei Asia
 

China's tech supply chain reels as infections soar, demand sours

Tech manufacturers initially welcomed China's turnaround after years of fighting to maintain operations under the strict COVID measures. But now they face the challenge of embracing a new normal of rising infections and looser controls. More


Dec 23 | Bloomberg
 

U.S. speeds up timeline in China firms delisting threat

After months of high-stakes drama, tensions eased last month when the Public Company Accounting Oversight Board said it gained sufficient access to audit documents from firms in China and Hong Kong. Now, lawmakers have passed legislation to speed up the timeline for kicking companies off U.S. exchanges if Washington regulators can't fully review their audit work papers. More
 

Space & Science

 

Jan 01 | Politico
 

'We better watch out': NASA boss sounds alarm on Chinese moon ambitions

In an interview, NASA Administrator Bill Nelson expressed confidence the U.S. can win the moon race. But he warned that if the U.S. fails to act quickly, Beijing could establish a foothold and try to dominate the most resource-rich locations on the lunar surface — or even keep the U.S. out. More  

Covid-19

 

Jan 02 | WSJ
 

Chinese health official raises alarm ahead of Lunar New Year

A senior official in China's National Health Commission has warned that the upcoming Lunar New Year holiday could see a "rush of people from the cities to the countryside" leading to a rise in cases in the areas least equipped to handle an outbreak. More


Dec 31 | WSJ
 

Xi provides rare acknowledgment of Covid-19 policies' toll

“It has not been an easy journey for anyone,” Mr. Xi said during his annual New Year's Eve speech. In a tacit acknowledgment of protests against Covid-19 restrictions in late November, Mr. Xi referred to diverse opinions among the public and called for unity. More


Dec 28 | NYT
 

U.S. to require negative Covid tests for travelers coming from China

The requirement will take effect on Jan. 5, according to the Centers for Disease Control and Prevention, and will apply to air passengers regardless of their nationality and vaccination status. It will also apply to travelers coming from China who enter the United States through a third country. More  

Xinjiang

 

Jan 02 | SCMP
 

For China's intellectuals, restrictions started long before the pandemic and will continue after Covid is over

It is increasingly difficult for scholars and thinkers to publicly express or exchange academic views, especially those at odds with the party under Xi. Academics warn of consequences for China after finding critical thinking skills lacking in young students. More
 

Dec 23 | Reuters
 

China sanctions two Americans over Tibet rights controversy

Anti-sanctions measures against Todd Stein, deputy staff director with the U.S. Congressional-Executive Commission on China, and historian Miles Yu took effect last month according to an order signed by Chinese foreign minister Wang Yi. The Chinese measures are in retaliation for the sanctions imposed on two Chinese officials by the United States on Dec. 9 over human rights issues in Tibet. More


Dec 22 | WSJ
 

Tesla, GM among car makers facing Senate inquiry into possible links to Uyghur forced labor

In a letter sent last month, the Senate Finance Committee asked the chief executives of eight car manufacturers to provide detailed information on their supply chains to help determine any links to Xinjiang. More


Dec 20 | Nikkei Asia
 

Behind the women billionaires: China receding on gender equality

China was once known for having the most advanced blueprint for women's rights. A decline in the birthrate has given rise to policies that are reinforcing gender mores, determining the kinds of jobs women take to prioritize care work at home, and pushing China in the opposite direction. More
 

Fentanyl

 

Dec 22 | WSJ
 

Sour U.S.-China relations feed the fentanyl crisis

Conversations about fentanyl between China and officials from the Drug Enforcement Administration and State Department have ceased. China places the blame squarely on the U.S. More
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