China News - 10 November
International
Countries at crossroads: UK engagement in Central Asia. This is the Foreign Affairs Committee report on Central Asia. parliament, 10 November
China urges G7 to stop “inciting confrontation”. In a joint statement, the G7 nations urged China to address its non-market policies, not assist Russia in their invasion of Ukraine, keep peace and stability across the Taiwan Strait, and allow a high level of autonomy for Hong Kong. Albee Zhang and Ryan Woo. Reuters, 9 November
China and Russia claim moral high ground over Palestinian deaths. Both major rivals of the US, China and Russia are tapping outrage over Israel’s actions in Gaza to gain support in the developing world. Yaroslav Trofimov. WSJ, 8 November
China tells the UK to stop using trade to improve Taiwan ties. Following the announcement of a bilateral trade talks agreement, Beijing has accused the UK of using trade cooperation “as an excuse” to enhance its ties with Taiwan. Helen Davidson. The Guardian, 9 November
China’s “communist spies” in the dock in Taiwan. Taiwan is taking aim at China’s alleged spies ahead of their presidential election. Kelly Ng. BBC News, 9 November
Argentina election puts China-Brazil ties in the spotlight. Argentina could see a resetting of some global ties depending on the result of its run-off presidential election later in November. Lucila Sigal. Reuters, 9 November
Private schools rethink China future after flunking growth test. Dozens of international and private schools in China are closing or merging, including Dulwich College International, as they are weighed down by tighter regulations, a slowing economy and dwindling foreign student numbers. Farah Master and Kane Wu. Reuters, 8 November
Economy & Tech
China’s economy falls back into deflation in blow to recovery. The consumer price index fell 0.2% year on year in October. China’s economy fell back into deflation last month, dragged down by falling pork prices and a continued property sector crisis. Joe Leahy. Financial Times, 9 November
China’s EV sector is “absolutely booming” as the old economy decompresses, StanChart CEO says. Bill Winters said “electric vehicles and everything around sustainability and renewable power technology. In those areas, China’s absolutely booming” although China’s wider economic recovery is still “a bit bumpy”. Lee Ying Shan. Cnbc, 7 November
Chinese phone makers Oppo and Transsion seek growth in South East Asia. Manufacturers cite rising foldable phone demand in the region as Huawei crowds out competitors in their home market. Cheng Ting-Fang. Financial Times, 9 November
Chinese flying taxi maker EHang rejects US short seller’s fraud accusations over firm’s 1300 unit pre-orders. The company blamed the short seller’s “cursory and incomplete understanding” of its industry for a report that contained “misinterpretation of information”. Iris Deng. South China Morning Post, 9 November
Opinion & long-reads
Plateau China: Reform in the ten years after the Third Plenum of 2013. This report looks at the decade of reform since the 3rd plenum of November 2013. Council on Geostrategy, 10 November
Russia and China are opening a new anti-Western front in the Arctic. While Moscow has long asserted pre-eminence in the region, Beijing has commercial and military ambitions of its own there. Kristina Spohr. Financial Times, 9 November
China has a history of being pro-Palestinian, but now faces diplomatic conundrum. Since the Mao era, Beijing has supported the Palestinians and has long called for a two-state solution. However, it is becoming increasingly close to Israel and has started to present itself as a neutral party that holds to a non interference principle. Helen Davidson and Amy Hawkins. The Guardian, 9 November
China’s aircraft carrier fleet is poised for its moment- the steaks are high. The presence of the Shandong Carrier Strike Group in the South China Sea raises questions about the future of freedom of navigation in the area. George Allison. Telegraph, 8 November