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Secretary of State Mike Pompeo. Photo: Andrew Harnik/POOL/AFP via Getty Images

Four major Chinese state-owned media outlets will be required to inform the U.S. State Department of their personnel rosters and real-estate holdings as if they were foreign embassies, Reuters reports.

Driving the news: The restrictions will applied to the Global Times, China Central Television, China News Service and People’s Daily, bringing the total to nine Chinese state media outlets labeled by the Trump administration as arms of the Chinese government.

What they're saying:

These nine entities all meet the definition of a foreign mission under the Foreign Missions Act, which is to say that they are “substantially owned or effectively controlled” by a foreign government.  In this case, they are effectively controlled by the government of the People’s Republic of China.
The decision to designate these entities is not based on any content produced by these entities, nor does it place any restrictions on what the designated entities may publish in the United States.  It simply recognizes them for what they are.
— State Department spokesperson

The big picture: This is the latest step in a media war between the U.S. and China that has escalated during the pandemic.

  • In February, the U.S. designated five Chinese state media outlets as foreign missions, a step that Secretary of State Mike Pompeo called "long overdue."
  • The U.S. then restricted the number of Chinese reporters who could work at foreign missions in the U.S. to 100, effectively expelling 60.
  • In March, China revoked press credentials for American journalists who work for the New York Times, Washington Post and Wall Street Journal.
  • In May, the U.S. announced that Chinese journalists working for non-American media outlets in the U.S. would be limited to 90-day work visas.

What to watch: Expect retaliation from the Chinese side, especially given that China still hasn't responded to the Trump administration's most recent decision concerning visas.

Go deeper

Sep 29, 2020 - World

The risks and rewards from China's imperial dreams

Illustration: Eniola Odetunde/Axios

By undertaking massive infrastructure projects around the world, China under President Xi Jinping is following in the footsteps of previous empires.

Why it matters: Like previous imperial projects in history, Xi's Belt and Road Initiative presents both benefits and risks for China.

Dion Rabouin, author of Markets
Sep 29, 2020 - Economy & Business

China is attracting global investors' attention, boosting the yuan

Data: FactSet; Chart: Axios Visuals

The dollar strengthened against most of the world's currencies last week, as traders bought the greenback expecting an end to the reflation trade, but China's currency bucked the overall trend (pun intended) and is on pace for its strongest month against the dollar since 2008.

Why it matters: "What we do see is a strong Chinese economy, which is part of what’s behind the strong renminbi," Jason Brady, president and CEO of Thornburg Investment Management, told WSJ.

Ina Fried, author of Login
Sep 29, 2020 - Technology

U.S.-China fight spreads to the chip factory

Illustration: Aïda Amer/Axios

The Trump administration's campaign against TikTok gets all the headlines, but the U.S. move last week to place restrictions on Semiconductor Manufacturing International Corp. (SMIC), China's top chipmaker, could end up making a greater difference.

Why it matters: Semiconductor analysts say SMIC represented China's strongest bid to build a domestic chip industry and bolster its tech independence. Sanctions that cut off its access to advanced manufacturing and testing equipment from the U.S. could seriously set that effort back.