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US-China tariffs and tech investments; RMB value; Xinjiang re-education camps get legal papering; PRC reactions to US pressure; Apple's Tim Cook is in China as Bloomberg doubles down on hardware hack story

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US-China tariffs and tech investments; RMB value; Xinjiang re-education camps get legal papering; PRC reactions to US pressure; Apple's Tim Cook is in China as Bloomberg doubles down on hardware hack story

Bill Bishop
Oct 10, 2018
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US-China tariffs and tech investments; RMB value; Xinjiang re-education camps get legal papering; PRC reactions to US pressure; Apple's Tim Cook is in China as Bloomberg doubles down on hardware hack story

www.sinocism.com

I am on the hunt fo happy news but am having a hard time finding any. Some of the big issues today include:

  • The US Treasury will expand review of foreign investments into US companies, with China of course as the focus;

  • US Treasury Secretary Mnuchin says the value of the RMB is part of trade discussions. The US should be careful what it wishes for, an unmanaged RMB would probably be a lot lower against the USD;

  • The US Congressional-Executive Commission on China issued its 2018 Annual Report;

  • The Xinjiang legislature issued revised rules "legalizing" re-education camps;

  • Today is National Day in Taiwan and President Tsai's speech is worth a read;

  • Bloomberg is doubling down on its hardware hack story as Apple CEO Tim Cook visits China.

For readers in DC there are two interesting events tomorrow, Thursday October 11:

  1. Conference - 8th Annual Jamestown China Defense and Security Conference - Jamestown 

  2. China’s Turbulent Aircraft Sector: Challenges, Opportunities and Prospects | Center for Strategic …

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