U.S. President Donald Trump and China's President Xi Jinping arrive for a state dinner at the Great Hall of the People in Beijing, China, November 9, 2017. REUTERS/Jonathan Ernst
Gordon G. Chang, National Interest: Trump's Tariffs Could Crush China's Ambitions
China is not in a position to prevail over a determined American leader.
President Donald Trump on Wednesday handed a reprieve to ravenous Chinese acquirers looking for U.S. tech companies by issuing a statement that he will not put in place across-the-board rules blocking certain investments from China.
On May 29, the White House in a statement promised by June 30 to “implement specific investment restrictions” barring Chinese parties from acquiring “industrially significant technology.”
Instead of using authority granted by the International Emergency Economic Powers Act of 1977 to issue such investment restrictions, the president on Wednesday endorsed legislation, now working its way through Congress, expanding the authority of the Committee on Foreign Investment in the United States. CFIUS, as the Treasury-led interagency body is known, can block certain acquisitions of U.S. businesses by foreign parties.
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Commentaries, Analysis, And Editorials -- June 28, 2018
China will not tolerate US military muscle-flexing off our shores -- Liu Xiaoming (Chinese Ambassador to the U.K.), The Guardian
US-South Korea alliance in spotlight amid shifting landscape -- Andrew Salman, Asia Times
Will an alleged war criminal become president of Myanmar? -- Bertil Lintner, Asia Times
Asian states urged to sign treaty to avoid ‘tidal wave’ of foreign trash -- Jim Pollard, Asia Times
AP Explains: Iran reopens uranium plant in its latest gamble -- Amir Vahdat and Jon Gambrell, AP
What an Israeli Airstrike on an Iranian Militia in Syria Says About What's to Come -- Seth J. Frantzman, National Interest
Eritrea and Ethiopia: 'The beginning of a beautiful friendship' -- Abraham T Zere, Al Jazeera
What next for South Sudan's peace agreement? -- Fidelis Mbah, Al Jazeera
If Merkel Falls, Europe Falls -- Alberto Nardelli, BuzzFeed
Will Italy's refugee stance bring down the EU? -- Megan Williams, DW
How Merkel Broke the EU -- Matthew Karnitschnig, Politico EU
The Trump-Putin Summit: What the Europeans Fear -- Yasmeen Serhan, The Atlantic
At the Brussels Summit, NATO Faces a Crucial Test -- Nikolas K. Gvosdev, National Interest
Change Is Coming to Mexico -- Jorge Guajardo, The Atlantic
Mexico's AMLO is no chavista -- Nicola Morfini & Oscar Sandoval-Saenz, Al Jazeera
1 comment:
What is you opinion on the China article?
Xi has alot of enemies and the pressure Trump is going to put on him and China is only just starting. It is going to ramp up significantly.
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