Catch up on the week's China developments by watching these YouTube news clips! Plus my new video on Germany & China after the Bundestag election - Hint:"No status quo"-- China Boss update 10.29. 21
Update
Taiwan drops bombshell on China as U.S troops train Taiwanese army amid tensions with Beijing (The Hindustan Times)
The Hindustan Times [description]: “President Tsai Ing-wen has confirmed a small number of US troops are present in Taiwan to help with training, adding she had "faith" that the American military would defend the island in the event of a Chinese attack. The remarks sparked a strident, albeit familiar, rebuke on Thursday from China which accused the US of trying to "stir up trouble" and that it "firmly opposes" any official or military contacts between Taipei and Washington. Watch this report for more.”
US says China has tested a nuclear-capable hypersonic weapon (DW)
DW [description]: “Top US General Mark Milley has expressed concern over an advanced hypersonic weapons test reportedly carried out by China. He compared it to the Soviet Union's "Sputnik" breakthrough during the Cold War. The Pentagon's top general said on Wednesday that China is making significant advances in hypersonic weapons systems, which would be difficult for the US to defend against. Mark Milley, chairman of the Joint Chiefs of Staff, is the first top Pentagon official to confirm China's successful test. "What we saw was a very significant event of a test of a hypersonic weapon system. And it is very concerning," Milley told Bloomberg TV. He also addressed comparisons that have been made to early wins by the Soviet Union in the Cold War space race. "I don't know if it's quite a Sputnik moment, but I think it's very close to that," the general said. The Soviet Union launched the Sputnik satellite in 1957, which caught the US by surprise and led to fears it was falling behind technologically in an accelerating arms race.”
As China-Taiwan Tensions Rise, U.S. Strategy Raises Questions (Wall Street Journal)
WSJ [description]: “As tensions between China and Taiwan escalate, WSJ’s Gerald F. Seib examines the debate on whether the time has come for the U.S. to change its long-standing strategic ambiguity approach and openly declare that it would come to the island’s defense.”
After 50 Years, US-Taiwan Discuss UN Participation; China Fumes, Xi Jinping Takes Dig At US (CRUX)
CRUX [description]: “Amid tensions with China, Taipei and Washington discussed how Taiwan can ‘meaningfully’ participate at the UN. The US State Department confirmed the news which has further miffed Beijing. The discussion come amid rising tensions between mainland China and the island. Meanwhile, Chinese President Xi Jinping took a veiled swipe at US during his speech at the United Nations. Xi Jinping’s address marked the 50th anniversary of China’s accession at the UN.”
China's economy suffers major setbacks (CBS News)
CBSN [description]: “One of the world's largest economies is under pressure as China's economic sector deals with disappointing GDP growth, increased government regulation and more.
Why China Is Cracking Down On Tech With New Regulations (CNBC)
CNBC [description]: “Big Tech, real estate, and even video games are being targeted by new regulations in China. This regulatory upheaval could be yet another sign that Xi Jinping and the Chinese Communist Party is trying to reign in the business sector.”
Doing business in China as we know it is ‘over,’ expert says (FOX Business Network)
FOX Business Network [description]: “China Beige Book CEO Leland Miller reacts to a proposed property tax aimed at curbing housing speculation.”
China allegedly stops German campus book event (DW News)
DW [excerpt]: “Alarm bells in Germany as book talks at two university campuses were cancelled – allegedly due to pressure from China. The online events were to mark the publication of a new biography: "Xi Jinping, the Most Powerful Man in the World," co-authored by two German journalists. But the publisher told local media that the talks were abruptly called off after Chinese interference, including from the consulate in Düsseldorf.”
No status quo: Germany and China after Bundestag elections (China Boss YouTube)
China Boss [description]: “For the first time in history, no political party has won more than one-third of the vote and a coalition will be necessary to lead Germany. A “traffic light” grouping of the Social Democrats (SPD red), liberal Free Democrats (FD, yellow) and the Greens has emerged. But the arrangement doesn't bode well for Beijing, since, both, the FD and the Greens prefer a tougher approach on China.”
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And that’s it for this weekend’s update. If you did enjoy the new China Boss video on Germany and China’s future after the Bundestag elections, be sure to help me out by “liking” it and subscribing to the China Boss YouTube channel. Thanks!
Wishing you and your loved ones a happy and safe Halloween. I may don a wolf costume and trick-or-treat as Zhao Lijian. ;)