The Axios team led by World editor Dave Lawler is stepping in for Bill Bishop as he takes time for his family — here's some smart China news to tide you over until Bill returns next week.
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Illustration: Lazaro Gamio/Axios
U.S. economic and national security is threatened by China's strategic plan for dominance in multiple areas, FBI Director Christopher Wray said in an interview Friday with Richard Haass, president of the Council on Foreign Relations.
Why it matters: These so-called "generational threats" will shape the future of the U.S., Wray warns.
"They’re going to determine where we stand and what we look like ten years from now, twenty years from now, fifty years from now."— Christopher Wray tells Richard Haass
The "multilayered threat" from China, Wray says, entails a merging of cybercrime and espionage. China is "stealing innovation" via businesses, universities and organizations, he says.
Plus, the increasing dependence of the U.S. on technology makes the country more vulnerable, he adds.
The bottom line: There needs to be a public-private partnership to share information and resources to prevent these threats, Wray says.
Larry Kudlow. Photo: Mark Wilson/Getty Images
The news that the U.S. economy grew 3.2% the first quarter of this year gives the U.S. some "leverage" in upcoming trade talks with China, National Economic Council director Larry Kudlow said Friday on CNBC's "Squawk on the Street."
"I'm cautiously optimistic about the deal ... China's economy is slumping and has been for some time."— Larry Kudlow
Yes, but: Axios' Courtenay Brown reported earlier this month that China's economy grew 6.4% in Q1 on an annual basis, exceeding analysts' 6.3% growth estimate. But, analysts did warn that it's "too early to call a sustainable turnaround, per Reuters.
Driving the news: President Trump yesterday sparked a flurry of anticipation, the New York Times reported, when he suggested there will be a visit from Xi soon.
What's happening now: Trade negotiations are continuing on April 30 in Beijing, when U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin will travel to Beijing, the White House said Tuesday.
Illustration: Axios Visuals
In the face of U.S. hostility, Russian President Vladimir Putin and Chinese President Xi Jinping today "vowed to work together for greater economic integration in Eurasia, the South China Morning Post reports.
What's new: Xi called for greater cooperation between the two countries in areas ranging from trade to aerospace, while meeting with Putin on the sidelines of a forum of world leaders on China's Belt and Road infrastructure (BRI) initiative.
The backdrop: Leaders from 37 countries and delegates from more than 150 countries started gathering in Beijing for the second forum on China's BRI, which is designed to link China, Asia and Europe.
But, but, but: Axios' Dave Lawler writes that while getting that many world leaders to turn up might seem like a triumph for Xi, he's also doing some damage control.
The bottom line: Chris Johnson, a former top CIA China analyst now at CSIS, says the message will be: "We have heard your feedback, taken it into account, and we're making changes. But guess what, the region still has a huge need for infrastructure and we're ready to provide it."
African swine fever has devastated the vast pig farms in China and now threatens to spread elsewhere, various reports say.
Why it matters: The highly contagious virus — which has minimal risk of mutating to become harmful to humans — has spread so rapidly since August that officials are warning it could go global, the Wall Street Journal reports, possibly even reaching U.S. shores.
What's next: The only current method of halting an outbreak is by culling herds, but the Chinese government is prioritizing research on the virus, setting aside about 100 million yuan (US$15 million) for projects such as developing a vaccine, George Gao, VP of the National Natural Science Foundation of China told Nature.
Screenshot from Kris Wu's music video of "Big Bowl, Thick Noodles"
Sixth Tone writes: "The latest hit song from Chinese Canadian pop idol Kris Wu is a self-deprecating — and incredibly catchy — riff on a previous impromptu rap he performed for noodle shop patrons that ended up being widely mocked by netizens."
The bottom line: Between its release last Friday and Monday, the video had been viewed over 90 million times on streaming site Miaopai, they report.
Illustration: Sarah Grillo/Axios
WSJ — China exploits fleet of U.S. satellites to strengthen police and military power
Axios — Countries and corporations refuse to criticize China over mass Uighur detentions
Al Jazeera — Tiananmen Square protests and China's fight for internet control
The New Yorker — In China, shows like “Story of Yanxi Palace” go viral, and the party is not amused
Axios — The biggest nations' climate culpability
Bloomberg QuickTake — How China is scrambling for clean air
Axios — Chinese gaming platform giant DouYu files to go public
This week's issues of Bill's Sinocism China Newsletter