China News - 4 October
International
US raises concern with Peru over Chinese control of infrastructure. Washington is concerned that Beijing is gaining control over critical parts of the South American nation’s infrastructure, including electricity supply to Lima and a new mega port. “The Peruvian government is not sufficiently focused on analysing the benefits and threats to the country”. Michael Stott and Joe Daniels. Financial Times, 3 October
US warned China to expect updated export curbs in October. The Commerce Department is working on an update of export restrictions that seeks to limit access to more chipmaking tools in line with Holland and Japan. It will also close some export restriction loopholes in AI chips. Karen Freifeld and Alexandra Alper. Reuters, 2 October
US senators hope to meet with Xi during China trip next week. A group of senators plan to visit China next week. Schumer’s office said he was planning a trip to China, South Korea and Japan co-led by Crapo. David Shephardson. Reuters, 3 October
Maldives president-elect says he’s committed to removing the Indian military from the archipelago. Muiz said “the people have told us that they don’t want foreign military here” and that he is committed to removing them. This is a serious blow to India in its geopolitical rivalry with China in the Indian Ocean region. Mohamed Sharuhan. The Independent, 3 October
Indian police raid news site alleged to be Chinese propaganda outlet. Police in New Delhi have raided the homes of journalists and seized phones and laptops of staff for NewsClick. John Reed and Jyotsna Singh. Financial Times, 3 October
China offers to collaborate on lunar mission as deadlines loom. China aims to become a major space power by 2030, and has opened up its uncrewed Chang’e-8 mission to international cooperation. The mission is to set up a permanent habitat on the south pole of the moon. Ryan Woo. Reuters, 3 October
Economy & Tech
Apple enforces new checks on apps in China as Beijing tightens oversight. Apple now require new apps to show proof of a Chinese government licence before their release on its China App store, and developers have to submit the “internet content provider (ICP) filing” when they publish new apps. Josh Ye. Reuters, 3 October
IMF head backs reforms that could give China more voting power. Kristalina Georgieva has backed reforms that could ultimately give Beijing more voting power as she pushes for more resources to deal with global economic problems. Colby Smith. Financial Times, 2 October
Evergrande shares soar as trading in crisis-hit China firm resumes. Shares jumped more than 40% early on and were later 20% ahead as trading resumed in Hong Kong following their suspension last week. Julia Kollewe. The Guardian, 3 October
Opinion & long-reads
A US hell-bent on destroying China is only hurting itself. Robert Delaney. South China Morning Post, 2 October
Estimating Chinese corruption. “An average government official’s unofficial income amounts to 83% of their official income”. Robin Wigglesworth. Financial Times, 3 October
China’s is losing sight of the 3 things it needs to keep opening up. The phrase has a strong ideological undertone. Zhou Xin. South China Morning Post, 3 October
Can China overcome its demographic deficit? Its declining population is currently on track to slow the growth of the economy. Martin Wolf. Financial Times, 3 October