America must get its ambassadors in place: Bitter partisanship at home is holding back US diplomacy.
FT - Editorial
China’s economy was 4.9% larger in the third quarter than a year earlier, the slowest pace of growth in a year due to power shortages, COVID outbreaks, and the Evergrande crisis.
Xi Jinping undeterred from structural shifts despite China’s economic slowdown: Weak third-quarter GDP growth will not divert Xi from long-term changes, analysts say.
FT
Evergrande, Sinic, Fantasia: A tidal wave of Chinese debt is about to sink Australia’s economic recovery
SCMP
+ Seemingly impervious to recessions for decades, cracks started to appear in the Australian economy in 2020 and now it is staring into a deep crevasse
+ The strategy of digging dirt and selling it to the Chinese to keep the plates spinning needs to be rethought, as the demand from its biggest customer rapidly disappears
What Xi Jinping really means by common prosperity: An essay by China’s president — who appears to feel he’s been misunderstood — lays out what his new socialist campaign is trying to accomplish.
Shuli Ren
Beijing Winter Games flame lit in Greece amid protests: DW reports the ceremony to light the Olympic flame was disrupted as Tibetan and Hong Kong activists held banners protesting human rights abuses in China.
US investment drive to take on China in Latin America: Initiative will fund infrastructure in an effort to compete with Beijing’s growing influence in the region.
FT
NATO to expand focus to counter rising China: Secretary-general Jens Stoltenberg reveals significant broadening of alliance’s objectives to include Beijing.
FT
+ Stoltenberg said Russia and China should be viewed as a joint threat: “First of all China and Russia work closely together,” he said. “Second, when we invest more in technology … that’s about both of them.”
Nikkei: Chinese, Russian warships jointly pass Japan chokepoint for 1st time
+ Tsugaru Strait, between Honshu and Hokkaido, includes international waters
Facing a mutual threat, Japan and Taiwan look to deepen ties
WPR
After 9/11, China grew into a superpower as a distracted US fixated on terrorism, experts say: In 2001, the Bush administration was focused on China and tensions had spiked. The 9/11 attacks were a "geopolitical gift to China,“ says one expert.
NBC News
+ China denies hypersonic missile launch amid US concerns
Get China ITK Daily in your inbox.
Subscribe here.
