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HE CONSIDERS devastating implications for the global economy – but it seems that China wants to keep Donald Trump's trade war as quiet as possible.
The Chinese government limits its coverage of the trade war with the United States, so as not to raise fears among its 1.37 billion citizens.
Chinese journalists have received specific instructions on how to cover events, with warnings. to be particularly wary of the term "commercial war".
CHINA LIMITS COMMERCIAL PROCEEDINGS
Journalists working for the Chinese media were instructed not to "over-declare" the tariffs imposed, and to take care not to bind them stock market declines and depreciation of the yuan, the Chinese currency.
According to South China Morning Post a source of a Chinese official media said: "When you report a fall in the stock market index or a weakening of the yuan exchange rate , you can not use the "trade war" in your title. "
Another said that local media were asked to republish the state controlled the media are talking about it and do not "overplay" the issue.
In his latest editorial on the trade war, published yesterday, the spokesman for the media Global Times called for a compromise between Beijing and Washington. "The trade war is hurting China and the United States," he said. "China must adopt a resolute strategy from the outset to maximize its impact on the United States and the resilience here at home, and it must overwhelm the United States with the ability and willingness to compromise in Washington." [19659009ThisisamarkedshiftfromBeijing'sgenerallyaggressiveapproachtowardscountriesthatitregardsashostile
Even Australia is in the limelight. Chinese state media on the laws of foreign influence, our position on the South China Sea and our alliance with the United States.
Before the trade war, the Chinese government ordered the media not to report Mr. Trump's comments.
A propaganda statement aired online earlier this month ordered the media not to "attack" Mr. Trump's "vulgarity" or to be insulting.
"Do not relay the comments of Trump spokesman of the government, or US officials," the statement said, according to China Digital Times censorship monitoring website. "Do not relay reports or comments on the trade dispute without waiting for the response from the Ministry of Commerce.Do not attack the vulgarity of Trump, do not do this a war of insults."
continued: "All media should be well prepared for prolonged conflict, not following the fluctuating statements of the US sides."
He also reinforced that the media should not mention "Made in China 2025", a plan long-term development to create powerful Chinese entities in areas such as computer, robotics,
Warnings arise as the Chinese government worries about its economic slowdown – a decision that could affect Australia.
WHY THE CHINESE GOVERNMENT IS CONCERNED
The trade war is part of a broader problem for the Chinese government – the country's economic downturn.
The country's economy has slowed faster than expected, as China continues to attempt to tackle a deep-seated debt. The United States is warming up
The Chinese economy grew 6.7% in the second quarter of the year, marking its slowest quarterly growth rate in almost two years. [1965] 9003] This slowdown is modest, but the US-led trade war is just beginning and should accelerate
Washington and Beijing imposed tariffs earlier this month 25% on $ 34 billion. exports from each other. US duties on Chinese products of $ 16 billion ($ 21 billion) are underway, with additional duties of $ 200 billion ($ 269 billion) in preparation.
In other words, it is only the beginning "
China generates up to one-third of global growth, which could make it a worrying sign for the # 1 39, world economy.
If the trade war intensifies further, China
European companies fear that this is the biggest threat to the economic recovery that has enabled the region to overcome its financial crisis.
The Chinese government had already warned that US tariffs would not be the only ones. China and the United States, but the rest of the world, because $ 20 billion ($ 27 billion) of the affected products of $ 34 billion ($ 45 billion) are produced by foreign companies.
the war will slow down the US economy, and China is Australia's largest and most important trading partner, and there are fears that China's stagnant growth may affect our economy. economy.
Treasurer Scott Morrison recently said at a Perth business forum that "We must keep in mind that as the global economy has taken a turn in the last 18 months, we can not allow him to inflict on him a kind of self-economy, "he added. In 1965, the treasurer added: "There is no reason to think that this can not be maintained under reasonable management."
He said that countries like Australia, China, Canada, the United Kingdom and the United States were now "completely immersed in world trade", which was much less the case there two decades ago. He said the issue needed to be managed with a clear focus on stronger growth, more jobs and eliminating more people from poverty, he said. scoring a goal against their own goal, "said Mr. Morrison.
– With Sons
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