South China Morning Post: Myanmar Quake, Panama Canal Intervention Risk, US Fighter Jets

https://www.scmp.com/ is the website for South China Morning Post.  It is an English online Newspaper in Hong Kong.  Hong Kong was a British colony for over 150 years, but it was returned to China in 1997, and is now a special administrative region of China. 

From a massive earthquake to trade war turns and the F-47 jet, here’s a round-up from today’s China and economy coverage. 

 

1. Myanmar quake strikes China’s belt and road heartland: how bad is it?

The impact on a key Chinese energy corridor is being closely monitored after a deadly earthquake hit Myanmar on Monday afternoon, with tremors felt in neighbouring countries including China, Thailand and Bangladesh.

2. China risks US reaction by intervening in Panama Canal sale: senior ex-diplomat

China risks further measures from the United States unless it treats a deal by Hong Kong-based CK Hutchison to sell its Panama Canal ports to an American firm as a “private transaction”, a former US senior diplomat has told the Post.

3. With its chips on the table, Taiwan seen avoiding the worst US tariffs

Taiwan is expected to avoid the brunt of US President Donald Trump’s wave of global import tariffs next week because the island’s top chipmaker has pledged billions of dollars in US investments, according to the assessments of two international financial institutions.

4. US-China 6th-gen fighter race: will cost, tech issues bring down the F-47?

A battle for air superiority between the United States and China has heated up with Washington’s announcement of a contract for the US Air Force’s sixth-generation fighter jet – the F-47.

An artist’s rendering of the F-47 fighter. Image: Photo: US Air Force graphic

5. Xi urges foreign firms to resist ‘acts that turn back the wheel of history’

In a high-profile meeting with representatives of the international business community on Friday, President Xi Jinping took aim at forces seeking to politicise trade while reassuring that “China will remain fertile land for foreign investment for a long time to come”.

6. Beijing accuses Taiwan of ‘malice’ after warship and fishing boat collide

A collision between a mainland Chinese fishing boat and a Taiwanese warship in the Taiwan Strait has become the latest source of cross-strait tensions, prompting Beijing to accuse Taipei of “malicious actions”.

7. US Air Force nominee wants total drones approach to counter mainland China

The US military needs to take a “comprehensive approach” to developing unmanned systems if it is to deter Beijing’s potential use of force across the Taiwan Strait, the US Senate Armed Forces Committee has heard.