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China News - 10 December 2021

chinaresearchgroup.substack.com

China News - 10 December 2021

Dec 10, 2021
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China News - 10 December 2021

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International

China committed genocide against Uyghurs, independent tribunal rules. The Uyghur Tribunal cited birth control and sterilisation measures allegedly carried out by the state against the Uyghurs as the primary reason for reaching its conclusion on Thursday. Sir Geoffrey Nice, a prominent British barrister who chaired the tribunal hearings, said its panel was satisfied China had carried out "a deliberate, systematic and concerted policy" to bring about "long-term reduction of Uyghur and other ethnic minority populations". BBC, Sky News, The Guardian, UT judgement, 9 December

US House passes Uyghur Forced Labor Prevention Act. Bloomberg, 9 December

Summit for democracy: China is a threat to democratic way of life, says Joe Biden at summit. President Biden urged an invited group of world leaders to “lock arms” against autocracies at an online democracy summit today seen as a US-led counterweight to China’s growing global influence. In response, the Chinese government has issued a flurry of white papers and seminars extolling the advantages of China’s political system. The Times, FT, 10 December

Lithuania braces for China-led corporate boycott. Beijing has told multinationals to sever ties with Lithuania or face being shut out of the Chinese market, a senior government official and an industry body told Reuters. Reuters, 10 December

Nicaragua cuts diplomatic ties with Taiwan and recognises Beijing. The move has reduced the number of Taipei’s allies to 14. FT, 9 December

A European first: UK cuts technology trade deal with Singapore. It is the first digitally-focused trade agreement ever signed by a European nation. City AM, UK Gov announcement, 9 December

China says Australia, UK and US will ‘pay price’ for Winter Olympics snub. The UN Secretary General is set to attend, while Macron said that France has no plans to join a diplomatic boycott, saying any move would be insignificant and merely symbolic. BBC, The Guardian, 9 December

China: editorial says Communist party members must have three children. The Guardian, SCMP, 10 December

This weekend: G7 Foreign and Development Ministers meet in Liverpool.

Economy & tech

Evergrande rated ‘restricted default’ by Fitch after missed payment. It became the first rating agency to declare that Evergrande’s overseas bonds are in default. FT, 10 December

Lotus prepares relaunch under China’s Geely — with SUV. Given that Lotus’s newest UK plant in Hethel, Norfolk, has a capacity of 1,500 cars a year, the Wuhan facility’s projected capacity of 150,000 indicates a decisive shift in the company’s manufacturing gravity to China. FT, 10 December

US considers banning key exports to Chinese chipmaker SMIC. WSJ, 9 December

US-China tech war: China to overtake America in core 21st century technologies within next decade, Harvard report predicts. SCMP, 10 December

Opinion & editorial

Opinion: Xi faces the dilemma of China’s imperial rulers. James Kynge. FT, 9 December

The Times view on President Biden’s ‘Summit of Democracy’: Democratic Party. The Times, 10 December

The US won’t fight to save Taiwan or Ukraine. Gerard Baker. The Times, 10 December

China’s 20th anniversary as a WTO member triggers mixed emotions. Alan Beattie in Trade Secrets. FT, 10 December

New Zealand isn’t naive about China – but it doesn’t accept the Aukus worldview. Robert G Patman. The Guardian, 10 December

Long reads

China courts global capital, on its own terms. China is pursuing a strategy of asymmetric decoupling: reducing its dependence on the West even as it seeks to increase the West’s dependence on China. The Economist, 10 December

Shein: the Chinese company storming the world of fast fashion. Shein has seized over a quarter of the US fast-fashion market in 12 years. FT, 9 December

America worries about China’s military ambitions in Africa. The Economist, 10 December

CCTV - A Trojan horse in international news dissemination? Stockholm Free World Forum, 9 December

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China News - 10 December 2021

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