The Wall Street Journal
- U.S., China Talks Gain Momentum, Paving Way for Xi-Biden Summit — Governments discuss Washington visits by a senior Chinese economic-policy official and the foreign minister.
- China Blocks Executive at U.S. Firm Kroll From Leaving the Mainland — The move highlights an increasing risk facing foreign companies in China—getting their employees out.
- China Is Investing Billions in Global Disinformation Campaign, U.S. Says — Fake authors, bot armies and lawsuits are among the tactics Beijing employs to reshape the information landscape.
- Apple’s Latest China Challenge: A Crackdown That Could Shrink Its App Store — Country’s push to register foreign apps threatens to remove Facebook, Instagram and X from iPhone App Store in China.
- How a Tiny Crew Struck a Blow Against China With a Wooden Boat and a Knife — When the Chinese coast guard put up a barrier in the South China Sea, the Philippines devised a plan to retaliate.
- Evergrande’s Stalled Turnaround Plan Casts Doubt on Corporate Restructuring in China — Troubled property companies in China may be pushed into liquidation by foreign creditors if regulators block reorganization plans.
- China Proposes Easing of Cross-Border Data Controls — The transfer of some data will no longer require steps such as undergoing a security review or obtaining consent to transfer information.
- Japan’s Economy Minister Warns of Risk From China’s Real-Estate Troubles — Shindo said it was too soon to declare that the longtime problem of deflation is definitively gone.
- Chinese Activist Flees to Canada, as Dissidents Seek Ways Out — Lu Yuyu, who had been jailed for documenting social unrest, won permanent residency in Canada as he fled via Laos and Thailand.
- Clear Channel Outdoor to Pay $26 Million in China Bribery Probe Settlement — The deal with the SEC resolves an investigation into lavish gifts a Chinese subsidiary allegedly gave to local officials.
The Financial Times
- ‘Crimes’ probe into Evergrande founder adds to pressure over $300bn debt woes — Company embodies excesses of China’s property boom and its unravelling.
- Chinese high-end EV brand Zeekr expands into Middle East — The company is targeting overseas markets ahead of a planned US listing.
- China looks to relax cross-border data security controls — Draft rules from cyber regulator aim to stem concerns over transfer of foreign business data.
- US accuses China of launching global information war — State department says Beijing is using ‘deceptive’ methods to push authoritarian propaganda.
- Evergrande chair put under ‘mandatory measures’ on suspicion of crimes — Action against Hui Ka Yan adds to pressure on Chinese property developer as restructuring efforts falter.
The New York Times
- China Uses ‘Deceptive’ Methods to Sow Disinformation, U.S. Says — The accusations reflect worry in Washington that China’s information operations pose a growing security challenge to the United States.
- Gifts, Gadgets and Greece: Inside a Huawei Lobbying Campaign — Leaked internal messages detail efforts by the Chinese tech giant to court Greek officials and fight an American-led effort against its technology.
- Opinion: Washington Feels a Chill as Adorable Diplomats Depart — The government in Beijing has long practiced panda diplomacy, lending the bears to (or withholding them from) zoos in a reflection of favor or annoyance. By Megan K. Stack
Caixin
- Five Things to Know About China’s Relaxed Draft Rules on Cross-Border Data Transfers — China is looking to relax its rules on cross-border data transfers, issuing draft provisions that experts say would essentially create “a whitelist” that exempts qualifying foreign companies from the stringent policies that have become a burden to some of those operating in China.
- Exclusive: UBS Committed to China, Sees Opportunities After Credit Suisse Deal — UBS Group AG is looking to further expand its presence in China, a market that remains important to the company, CEO Sergio Ermotti told Caixin during his first trip to China since the Swiss banking giant took over troubled rival Credit Suisse Group AG in June.
- Evergrande Chairman Hui Ka Yan Falls Under Investigation — China Evergrande Group Chairman Hui Ka Yan has been subject to mandatory measures due to suspicion of crimes, the company confirmed Thursday in a regulatory filing.
South China Morning Post
- China pushes ‘pivot to South and Southeast Asia’ with Yunnan province as gateway to vast market — National Development and Reform Commission pledges to support Yunnan with transport, logistics, energy and digital connection with southern neighbours.
- TikTok sends team to Jakarta in scramble to respond to Indonesia’s ban on social media e-commerce — The Chinese short video app has sent a team from Singapore to talk with Indonesian officials about the new law that has taken immediate effect, threatening TikTok’s business model.
- Tech war: FCC says reinstating ‘net neutrality’ rules could boost agency’s authority to remove Huawei, ZTE equipment from US networks — Washington’s efforts to counter Chinese tech giants Huawei and ZTE come amid US fears that Beijing could use their equipment to spy on Americans.
Nikkei Asia
- Temasek’s True Light Capital closes $3.3bn greater China fund — Flagship vehicle eyes sectors including science, technology and consumer.
- Germany to tighten Chinese investment screening — Berlin blocks satellite startup buy, widens probe beyond critical infrastructure.
- U.S. company pays $26m SEC fine over Chinese bribery allegations — Clear Channel Outdoor said to have ignored ‘repeated red flags’ at Chinese subsidiary.
Bloomberg
- China’s Economy Improves in September, Satellite Data Show — China’s economy showed signs of a stronger recovery in September, according to several early indicators and a firm analyzing the global economy using satellite data.
- US Lawmakers Up Trade Heat On China Over Auto-Parts Tariffs — Republican lawmakers accused a Chinese auto-parts maker of a “blatant” effort to evade US tariffs in the latest sign of rising pressure in Washington to limit China’s growing presence in the car business.
- US Says Philippines Took ‘Bold Step’ in Barrier Row With China — The US has backed the Philippines’ removal of a South China Sea barrier supposedly installed by Beijing, with a Pentagon official describing the move as a “bold step” to defend maritime claims.
- HSBC’s Cowper-Coles to Exit After Criticizing UK Stance on China — HSBC Holdings Plc’s head of public affairs is set to step down shortly after making controversial comments about the British government’s handling of its relationship with China.
Reuters
- China trade council asks U.S. to “carefully consider” tech investment ban — China’s international trade council has formally asked the United States to “carefully consider” rules that ban or restrict U.S. investments in China’s tech sector, state television reported on Friday.
- Exclusive: East Timor president says China military cooperation was ‘never discussed’ — East Timor has not discussed military cooperation with China in its upgrade of diplomatic ties, President Jose Ramos-Horta said, adding Australia and Indonesia can “sleep at peace” because the island nation won’t be a security concern to its neighbours.
- Evergrande sold yacht this year, say sources, as creditors sharpen focus on offshore assets — China Evergrande Group (3333.HK) sold its luxury superyacht for about $32 million earlier this year, said two sources, further shrinking the developer’s offshore assets as its cash crunch worsened and it scrambled to pull together a debt revamp plan.
Other Publications
- Associated Press: As China censors homegrown feminism, a feminist scholar from Japan is on its bestseller lists — In the last few years, China’s government has promoted increasingly conservative social values, encouraging women to focus on raising children. It has cracked down on civil society movements and made laws to drive out foreign influence.
- Foreign Affairs: The Dysfunctional Superpower — The United States prevailed in the Cold War thanks to a consistent strategy pursued by both political parties through nine successive presidencies. It needs a similar bipartisan approach today. By Robert Gates
- The Guardian: ‘Risk of miscalculation’ rises in South China Sea as Beijing ramps up aggressive tactics — Tensions over the resource-rich region are intensifying as China attempts to cut access for nations with competing claims, such as the Philippines.
- Politico: Germany’s Scholz warns against protectionism in China electric car probe — German chancellor says he’s against clean car trade barriers.
- BBC News: Evergrande: Anxious Chinese home buyers reel from crisis — China’s property market accounts for a third of its economy, fuelling concerns about the impact on allied industries, from construction materials such as steel and cement, to household appliances.
