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World China to its state media: keep calm, don't inflame trade row with U.S.

22:30  11 july  2018
22:30  11 july  2018 Source:   reuters.com

The US-China trade war is about to get real

  The US-China trade war is about to get real The US and China are set to hit $34 billion of each other's exports with new tariffs, the first moves in what may become a devastating cycle of retaliation. The planned measures have already unsettled markets and provoked warnings from companies of damage to their bottom lines and higher prices for consumers.President Donald Trump and his advisers argue the tariffs are necessary to pressure China into abandoning unfair practices such as stealing intellectual property and forcing American companies to hand over valuable technology. Beijing denies it's in the wrong and says it's ready to fight a trade war until the end.

China is clearly angry about Washington' s hard line on trade , but has controlled coverage of the row in its media , limiting open commentary and The website was told to post only stories about the trade conflict by state news agency Xinhua, rather than publishing its own. It was also ordered to keep the

SHANGHAI/BEIJING, July 11 (Reuters) - China is clearly angry about Washington' s hard line on trade , but has controlled coverage of the row in its media , limiting open commentary and banning attacks on U . S . President Donald Trump, several sources with knowledge of the matter said. Beijing has.

China is clearly angry about Washington's hard line on trade, but has controlled coverage of the row in its media, limiting open commentary and banning attacks on U.S. President Donald Trump, several sources with knowledge of the matter said.

Trump Tariffs on China Take Effect as Trade War Escalates

  Trump Tariffs on China Take Effect as Trade War Escalates U.S. President Donald Trump is firing the biggest shot yet in the global trade war by imposing tariffs on $34 billion of Chinese imports . China immediately said it would be forced to retaliate.The duties on Chinese goods started at 12:01 a.m. Friday in Washington, which is just after midday in China. Another $16 billion of goods could follow in two weeks, Trump earlier told reporters, before suggesting the final total could eventually reach $550 billion, a figure that exceeds all of U.S. goods imports from China in 2017.U.S.

SHANGHAI/BEIJING (Reuters) - China is clearly angry about Washington' s hard line on trade , but has controlled coverage of the row in its media , limiting open commentary and banning attacks on U . S . President Donald Trump, several sources with knowledge of the matter said.

In recent weeks, state media have criticized U . S . behavior as reckless, hegemonic, delusional, and accused the Trump administration of harboring The trade war does not appear to be a hot item on China ' s tightly-controlled social media . Media sources said authorities were censoring anything found

Beijing has issued unusually strict rules limiting coverage of the trade war because of worries that unrestrained reporting could spark instability or roil its already jittery financial markets, according to sources within Chinese state media.

"When exposing and criticizing American words and actions, be careful not to link it to Trump and instead to aim it at the U.S. government," said a memo based on a set of directives issued verbally by government officials that was circulated to reporters at a state-run news outlet and seen by Reuters.

Media outlets must help "stabilize the economy, growth, employment, stabilize foreign trade, investment, finance, stabilize the stock market, the foreign exchange market, the housing market, and basically stabilize the peoples' thinking, hearts and expectations", it said.

German Cars and American Steak: Early Trade War Victims Emerge

  German Cars and American Steak: Early Trade War Victims Emerge China’s retaliatory tariffs on U.S. goods struck just as one of its biggest meat importers was rushing a shipment from California through Shanghai customs. Now Suzhou Huadong Foods Ltd. is lumbered with a stack of unaffordable American steak. Only three containers of frozen produce including prime rib and pork loin came through before the new levy slapped as much as 500,000 yuan ($75,000) on each of the remaining half-dozen crates, according to Gong Peng, the importer’s general manager.“We have no choice. We have to eat the costs," Gong said in an interview.

Editors at several leading state - media outlets, including the China Daily, the Global Times and Xinhua, were not made available after Reuters requested In recent weeks, state media have criticised U . S . behaviour as reckless, hegemonic, delusional, and accused the Trump administration of harbouring

China is clearly angry about Washington' s hard line on trade , but has controlled coverage of the row in its media , limiting open commentary and China accused the United States of bullying and warned it would hit back after the Trump administration raised the stakes in their trade dispute, threatening 10

A person who works at a leading Chinese news website said the rules issued last week were "the most strict yet".

The website was told to post only stories about the trade conflict by state news agency Xinhua, rather than publishing its own. It was also ordered to keep the topic out of the top few headlines and closely manage comments about it, according to the source.

The website's smartphone app was no longer permitted to send push notifications on the subject to users, and the website was forbidden from setting up special pages about the dispute.

Like other Chinese media workers who spoke with Reuters for this story, the source declined to be identified by name due to the sensitivity of the topic and because he was not authorized to speak publicly about it.

Editors at several leading state-media outlets, including the China Daily, the Global Times and Xinhua, were not made available after Reuters requested interviews. The information office of the State Council, or cabinet, did not immediately comment on the state's efforts to censor news of the trade row.

China Has Arsenal of Non-Tariff Weapons to Hit Back at Trump

  China Has Arsenal of Non-Tariff Weapons to Hit Back at Trump Donald Trump’s threat to impose tariffs on an additional $200 billion of imported Chinese goods could see China retaliate with a wide range of non-tariff barriers. Because China only imports around $130 billion worth of goods from the U.S., its ability to match the tariffs dollar-for-dollar is limited. The U.S. imported $505 billion of goods from China last year.Upping the ante: Read more on Trump’s latest tariff threat.

China ’ s trade war with the US does not appear to be a hot item on China ’ s tightly-controlled social media . China is clearly angry about Washington’ s hard line on trade , but has controlled coverage of the row in its media , limiting open commentary and banning attacks on U . S . President Donald Trump

Editors at several leading state - media outlets, including the China Daily, the Global Times and Xinhua, were not made available after Reuters requested interviews. SHANGHAI/BEIJING — China is clearly angry about Washington' s hard line on trade , but has controlled coverage of the row in its media

It was not immediately known if Beijing's attitude would change after the United States threatened further import duties on Chinese goods on Tuesday in a sharp escalation of the conflict between the world's two biggest economies.

To be sure, there have been vitriolic editorials in key Chinese newspapers as the trade tensions have simmered.

In recent weeks, state media have criticized U.S. behavior as reckless, hegemonic, delusional, and accused the Trump administration of harboring "blood lust" and behaving like a "gang of hoodlums".

REVEALING CARDS

But the attacks have been general - there has been little mention of Trump, for instance - and few details on how China will be affected.

Two sources at separate state-run news organizations said they had been instructed not to mention the impact of the trade war on Chinese companies in their coverage.

At one large state news organization, a fourth source said journalists had been instructed to report on Chinese company news with caution because some were already feeling the effects of the trade spat.

After Trump's new tariff threat, China may either have to blink or widen the trade war

  After Trump's new tariff threat, China may either have to blink or widen the trade war President Donald Trump's latest threat of tariffs against China, on imports totaling roughly $200 billion, substantially raises the stakes for Beijing and could push the two countries' trade war beyond the tit-for-tat duties seen so far. China's Commerce Ministry said Wednesday that the nation would act with "necessary counter-measures," but did not say that the government would retaliate in commensurate fashion, as it has promptly done in the past. The pause in brinkmanship reflects the quandary now facing Beijing.

Reporters at the news outlet, a key government mouthpiece, were directed not to stir up negative emotions or "reveal the cards" of Chinese importers, the source said.

In disputes with South Korea and Japan in recent years, Beijing has taken a more aggressive stance and at times encouraged public anger.

In 2012, state media tacitly supported anti-Japan protests during a spat over disputed islands, and last year the Communist Youth League helped target South Korean brands on social media amid a row over Seoul's decision to allow the United States to install an advanced missile defense system on the Korean peninsula.

But the power imbalance in the China-U.S. trade dispute and the potential for real economic discomfort have led the control-obsessed leadership to adopt a softer approach, analysts said.

"They know the seriousness of the situation and the possible consequences, and they don't want the media coverage to bring any kind of extra damage," said Li Xigen, a professor in the department of Media and Communications at City University of Hong Kong.

"Later, as the situation gets worse, if the people are actually affected with their jobs, with prices ... that may become real anger, and if the media do anything to stir up that kind of anger it will cause some kind of very bad consequences."

The trade war does not appear to be a hot item on China's tightly-controlled social media. Media sources said authorities were censoring anything found objectionable, minimizing the prospect that any outcry on social media platforms could spur a backlash against U.S. brands.

Wang Jiangyu, a trade expert at the National University of Singapore, said attacking U.S. firms could backfire.

"China might need to restrict the market access of American companies. But to purge American companies that are already operating in China might be a very bad idea. Those companies generate jobs and revenue for China. Most Apple products are made in China," he said.

"To do something to harm American firms that are already operating in China would be very stupid."

(Reporting by John Ruwitch, Beijing Newsroom and Michael Martina; Editing by Raju Gopalakrishnan)

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In May, a classified Australian government report revealed that the Chinese Communist Party had spent the last decade attempting to influence every level of that nation’s government and politics. “Unlike Russia, which seems to be as much for a good time rather than a long time, the Chinese are strategic, patient, and they set down foundations of organizations and very consistent narratives over a long period of time,” said the author of the report in March. “They put an enormous amount of effort into making sure we don’t talk about what it’s doing.

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