2017年7月29日 星期六

Latest News Clips 2017.07.31

                      
1.      Foxconn Says It Plans to Build Factory in Wisconsin, Adding 3,000 Jobs
The New York Times    JULY 26, 2017


President Trump with Terry Gou, the chairman of the Taiwanese electronics supplier Foxconn, at the White House on Wednesday, where the company announced plans for a new plant in Wisconsin.CreditDoug Mills/The New York Times
Foxconn, the Taiwanese electronics supplier for Apple and other tech giants, said Wednesday it would open its first major American factory in Wisconsin, a boost both for the battleground state’s economy and the Trump administration’s efforts to bolster domestic manufacturing.
White House officials noted President Trump’s direct negotiations with Foxconn for the project, which they said would create at least 3,000 jobs and represent a $10 billion investment.
Mr. Trump joined Foxconn’s chairman, Terry Gou, at the White House for an announcement on Wednesday, with two Wisconsin Republicans, Gov. Scott Walker and Paul D. Ryan, the House speaker, in attendance.
The new factory, which would produce flat-panel display screens for televisions and other consumer electronics, could raise Wisconsin’s profile in advanced manufacturing. Older industrial firms in the state, like Harley-Davidson in Milwaukee, have struggled recently, with the motorcycle maker saying last week that it planned to lay off 180 workers.
“TV was invented in America,” Mr. Gou said at the White House, before noting that products like LCD displays and similar technology were no longer made here. “We are going to change that. It starts today in Wisconsin.”

The company did not identify exactly where the plant would be built but said it would be in Mr. Ryan’s district in southeastern Wisconsin. Mr. Walker said that Foxconn would receive $3 billion in tax breaks and other subsidies over the next 15 years from the state.
Like Mr. Trump’s visits to a Carrier factory in Indianapolis in December and Snap-on’s tool plant in Kenosha, Wis. in April, the White House event on Wednesday was as much a campaign-style rally as an economic announcement.
“This is a great day today for American manufacturing and American workers and for everybody who believes in the concept, in the label, Made in the U.S.A.,” he said. Mr. Gou, Mr. Trump said, “joins a growing list of industry leaders who understand America’s capabilities are limitless.”
“I’d see Terry and say, ‘You’ve got to give us one of these massive places,’” Mr. Trump said. “If I didn’t get elected, he definitely wouldn’t be spending $10 billion.”
Mr. Trump hailed the Foxconn project as the latest sign that his efforts to promote advanced manufacturing in this country were succeeding.
In February, Brian Krzanich, Intel’s chief executive, joined Mr. Trump at the White House to announce that the company would invest $7 billion to finish a computer-chip factory in Arizona and add 3,000 jobs.
And Mr. Trump said Tuesday that Apple had promised to build three large plants in the United States. The company, which owns only one factory anywhere, declined to comment on whether such promises had been made.

Most of Apple’s iPhones are built by Foxconn in China, and Apple has said in the past that it would be very difficult to move that work to the United States.
Mr. Gou said in January that Foxconn, the world’s largest contract electronics manufacturer, was considering investing more than $7 billion in the United States, and potentially adding 30,000 to 50,000 jobs.
Foxconn’s announcement could yield significant political benefits for the company and for the White House. Although based in Taiwan, much of the company’s production is done in China, and Mr. Trump has singled out Beijing’s trade practices for attacks.

Mr. Walker said Foxconn’s investment could indirectly result in an additional 22,000 new jobs, with its planned 20-million-square-foot complex occupying a footprint three times the size of the Pentagon.

2.      China holds live fire drills, as border dispute with India enters fifth week
CNN    July 19, 2017


A Chinese soldier stands near an Indian soldier at the ancient Nathu La border crossing.
Story highlights
·       Border dispute showing no sign of de-escalating
·       Chinese military conducted live fire drill in nearby Qinghai-Tibet Plateau
(CNN)The Chinese government has issued a warning to neighboring India to withdraw its troops from the disputed Doklam border area to "avoid further escalation of the situation."
The comments, made by Foreign Ministry spokesperson Lu Kang during a regular press briefing Tuesday, come amid what has evolved into an increasingly bitter and entrenched border dispute between the two nations.
The standoff, now entering into its fifth week, centers on a thin strip of land in the junction with Bhutan. Though not a part of Indian territory, the area is close to the "chicken's neck," a strategic corridor that serves as a vital artery between Delhi and its far northeastern states.

The dispute appears to have escalated in recent days, say analysts, with both Beijing and Delhi looking to consolidate their positions. On Monday, China conducted live-fire drills in the Qinghai-Tibet Plateau close to the site of the current standoff. The aim of the drills, according to reports in Chinese state media, was to improve troops' "combat capability in such locations."

An increasingly bellicose domestic media environment has further added to the sense of intractability surrounding the dispute, with press reports from both sides calling on leaders to protect the "sovereignty" and "honor" of their respective nations.
widely circulated op-ed, published by the Chinese tabloid the Global Times on Tuesday, urged India to back down or "face the consequence of an all-out confrontation."
The commentary repeated unconfirmed reports in the Indian press that Indian troops are now stationed at the border area and have set up logistical support. "In response, China must continue strengthening border construction and speed up troop deployment and construction in the Doklam area," said the op-ed.
Territorial claims
The Doklam dispute is the latest in a long-running series of territorial flare-ups between India and China. In 1962, the two countries engaged in a bloody border war and skirmishes have continued to break out sporadically in the decades since.
"I'm not sure how this situation de-escalates, not just because of the media hype on both sides, but also because China may not have an interest in de-escalating," said Yvonne Chiu, assistant professor at the Department of Politics at the University of Hong Kong.

"Unlike flashpoints in the South and East China Seas, a small conflict with India can be better contained because it is less likely to draw the involvement of other major powers in the region (such as the US)," added Chiu.
The conflict, if contained, could potentially serve several useful purposes for China, said Chiu, including "better establishing one of its regional territorial claims, giving its domestic audience something to cheer for, and giving its military some practice."
The dispute began on June 16, when China accused Indian border guards in the northeastern state of Sikkim of crossing into its territory in southwestern Tibet, in an attempt to obstruct the construction of a new mountain road. India has not denied its troops were present in the area.

3.      Inside the Élysée: the reflected glory of Macron's gilded cage
The Guardian     29 July 2017
France’s president likes to tightly control all his communications and keeps journalists at arm’s-length – in stark contrast to his predecessor
 
 French President Emmanuel Macron at the Elysée palace in Paris, where journalists are having to get used to a new style of communication to François Hollande’s

One morning this spring, I found myself sitting in a place where the silence seemed so extraordinary, so far from the normal riotous cacophony of Paris, that it felt like being shut away from real life.
Now and again you could hear the chime of a golden clock, a faint footstep on carpet, or a bird chirping in the perfectly-kept gardens that stretched out beyond the floor-to-ceiling windows. Whatever might be happening outside, here it felt as though one was perfectly muffled and cocooned; wrapped in several layers of metaphorical cotton wool and removed from it all.
I was sitting in the French president’s office at the Élysée palace.
That morning in the Salon Doré — the gilded “golden” study where French presidents make the finishing touches to their speeches at a huge 19th-century desk – the Socialist president François Hollande was in the final days of his term. He was taking questions about the future of the EU from me and a handful of European newspaper correspondents, sitting around a small table in the corner of the room.

Afterwards, in a marble corridor, I chatted about French radio stations with an adviser. I guessed the adviser would tune into France Culture, the country’s most highbrow public service station upon waking. “Oh no,” he said. “I listen to popular radio shows because it gives you an idea what people are thinking.”
The 365-room Élysée palace is twice the size of the US White House - some refer to the French president’s residence and workplace as a kind of gilded cage. How much can you really know about what people are thinking from behind its high walls, I wondered to myself.

A few weeks ago, I sat down at the Élysée palace with the new president Emmanuel Macron, the “neither right nor left” newcomer to politics who beat far-right candidate Marine Le Pen to become France’s youngest modern leader in May, promising to blow apart the old political order and “transform” the country.

Ushered onto the patio in the Élysée garden, overlooking the lawns and flowerbeds, I waited for Macron with a few other journalists from European papers. It was a scorching day, and we sat around a small table under a parasol.
The new president likes to tightly control all his communications, and it seemed telling that he chose to hold the interview – his first since the election – outside. This way, we were conveniently at arm’s length, politely kept away from his office where we would no doubt have craned our necks, trying to spot any changes from the Hollande era.
A butler in a white bow tie loudly announced: “The president of the Republic!”, advisers hastily stood up, and the 39-year-old Macron appeared – almost regally – from the patio doors. “I’d love a coffee, who else would love a coffee?” he said, for a moment slipping into the studied casual manner of his time as a candidate, before his face took on his new presidential demeanour and he solemnly answered our questions.
The challenges of covering Macron’s presidency for journalists are clear. Macron knows what it’s like to be stuck in an ivory tower — for two years, he had his own garden-facing office at the Élysée as deputy chief of staff to Hollande. “Of course power isolates,” he told an interviewer on the campaign trail, arguing that he would not let it happen to him. But he also knows how to take advantage of the isolation the Elysée offers, particularly when it comes to controlling his media image.


2017年7月16日 星期日

Latest News Clips 2017.07.17


1.      Donald Trump Jr. Makes the Russian Connection
The New York Times   THE EDITORIAL BOARD  JULY 11, 2017
              
All along, the truth was right there in the emails — Donald Trump Jr.’s emails, that is, which he releasedpublicly on Twitter Tuesday morning after learning that The New York Times was about to publish their contents.
In language so blunt and obvious it would make a Hollywood screenwriter blush, the emails confirm what the president, his son and others have denied repeatedly for more than a year: that top members of the Trump campaign met with representatives of the Russian government in the expectation of help in damaging Hillary Clinton and getting Donald Trump elected.
On June 3, 2016, the younger Mr. Trump received an email from Rob Goldstone, a former British tabloid reporter and music publicist, telling him that a Russian government lawyer had “offered to provide the Trump campaign with some official documents and information that would incriminate Hillary and her dealings with Russia and would be very useful to your father.”
Mr. Goldstone went on, “This is obviously very high level and sensitive information but is part of Russia and its government’s support for Mr. Trump.”

At this point, any halfway competent and ethical campaign would have contacted the F.B.I. That’s what the Gore campaign did in 2000 when it mysteriously received confidential debate materials belonging to the Bush campaign.
In President Trump’s world, ethics is for suckers. His son wrote back to Mr. Goldstone, “If it’s what you say I love it especially later in the summer” — when he probably assumed it would do the most damage.
On June 9, the younger Mr. Trump met at Trump Tower with the Russian lawyer, Natalia Veselnitskaya, who has connections to the Kremlin. Also attending were members of the Trump inner circle — Paul Manafort, the campaign chairman, and Jared Kushner, President Trump’s son-in-law and now a senior White House adviser. (Mr. Kushner initially failed to mention this meeting, and several others with Russian officials, on his security clearance application.)

What happened at the meeting? Nothing, according to Donald Trump Jr., who said it had occurred “before the current Russian fever was in vogue.” Less than two months later, CNN asked him about allegations that Russia was trying to help his father’s campaign. “It’s disgusting, it’s so phony,” Mr. Trump said then. “I can’t think of bigger lies.”
He might try thinking a little harder, especially about his multiple conflicting accounts of what transpired with Ms. Veselnitskaya. On Sunday, for example, he said that he had told Mr. Manafort and Mr. Kushner “nothing of the substance” of the meeting in advance. But the subject line of the exchange with Mr. Goldstone, which Mr. Trump forwarded to both men, read, “Russia – Clinton – private and confidential.”
Donald Trump Jr. appears to be in real legal jeopardy. Federal campaign finance law prohibits political campaigns from soliciting any “thing of value” from foreign nationals. By that standard, Mr. Trump’s acceptance of the offer to see Ms. Veselnitskaya certainly looks bad. Any charges along these lines could be filed by Robert Mueller III, the special counsel overseeing the Russia investigation, or by the Justice Department under the direction of Deputy Attorney General Rod Rosenstein, who took over all Russia-related matters after Attorney General Jeff Sessions recused himself in March.
Meanwhile, Republicans in Congress are maintaining their head-between-the-knees position as the Trump plane spirals downward. Senator Orrin Hatch said attention to the emails was “overblown” and called Donald Trump Jr. a “ very nice young man.”
Vice President Mike Pence tried to vault himself as far as possible from the mess. He was “not aware of the meeting,” his press secretary said, and is “not focused” on “stories about the time before he joined the ticket.”
And what of the president? Mr. Goldstone ended his email to the younger Mr. Trump by saying, “I can also send this info to your father” through his personal assistant. Donald Trump Jr. has flatly denied that his father had any knowledge of the meeting, but that’s hard to believe given who was in attendance, and impossible to accept given how untruthful the younger Mr. Trump has been.
On Tuesday, President Trump was uncharacteristically subdued on social media. He offered only a bloodless note of support for Donald Jr. in a statement released by his press office: “My son is a high-quality person and I applaud his transparency.” But transparency is one of the many things, along with credibility, that this administration lacks. So when Donald Trump Jr. claims that he’s released the “full email chain,” the question has to be, what else are you hiding?

2.      G-20 minus 1: How Trump changed the nature of American leadership at global summit
USA TODAY July 9, 2017
Trump sits out on G-20 climate agreement
表單的頂端

All the leaders at the G-20 summit reaffirmed their solidarity with the Paris Climate Agreement, except President Trump.
             

HAMBURG — President Trump attended the G-20 summit in Hamburg, but he wasn't really a part of it.
Instead, Trump used the conference space generously provided by his host, German Chancellor Angela Merkel, to conduct a series of his own mini-summits — separate on-on-one "meetings on the sidelines" with other world leaders where Trump pursued his own agenda.
He met with Russian President Vladimir Putin about his interference in western elections. He met with leaders in Asia about North Korea. And he met with trading partners throughout the world in a two-day binge of talks. 
This focus on one-on-one meetings, which ended with Trump declaring newly created great friendships with world leaders, meant that he often stepped away from the bigger meetings. On Saturday, he left his daughter Ivanka to represent the United States on the floor of the G-20 while he met with the president of Indonesia.
And when the rest of the summit agreed that the Paris climate agreement was "irreversible," Trump withheld U.S. support for that part of the final communique.
The dynamic was apparent from the very beginning, while posing for the "family photo" with other world leaders. It was Merkel taking center stage, her bright red jacket standing out all the more from a sea of black business suits. 
Trump was on the outskirts, unable to shove his way through the crowd to get to the center as he did with the Montenegrin prime minister at the NATO summit in May. Instead, he was in the corner, engaged in small talk with French President Emmanuel Macron.
It was a visual representation of Trump's brand of diplomacy. While he loves to command a room, he prefers to work one-on-one as opposed to groups.
If President George W. Bush was accused of being a unilateral president, too often going it alone on the world stage; and President Barack Obama was a multilateral president, seeking broad consensus on issues like climate change, trade and security —then Trump is a bilateral president, seeking to make deals one at a time. 
That preference for bilateral relationships is based on personality, experience in business and a philosophy that puts narrow national interests ahead of broader global concerns like wealth inequality, refugee resettlement and climate change.
It's a worldview Trump articulated in his speech in Warsaw on Thursday, where he extolled the virtues of national sovereignty, self-determination, strong borders and nations paying for their own defense.
While he pledged to defend NATO allies from attack — something he pointedly did not do at the NATO summit — he also expressed a deep skepticism of international bureaucracies.
Bureaucracies like the G-20. the group of 19 of the largest national economies (plus the European Union) founded in 1999 to address the world's most pressing economic issues.
Trump now has three major foreign summits under his belt, plus two other smaller group meetings in Saudi Arabia and Poland. While he often seemed on the sidelines, aides say Trump will not "lead from behind."
Trump is driven by a "clear-eyed outlook that the world is not a 'global community' but an arena where nations, nongovernmental actors and businesses engage and compete for advantage," national security adviser H.R. McMaster and economic adviser Gary Cohn wrote in the Wall Street Journal after his first foreign trip.

3.      With EU Deal, Japan Sends Powerful Message on Free Trade
The Japan-EU deal is a political win for Abe and a repudiation of Trump-style protectionism.
The Diplomat    July 08, 2017
 
The Japan-European Union (EU) trade pact has sent a powerful message to the rest
of the world, amid concerns over growing protectionism. For Japan though, it could just be the start of a record year for free trade deals, amid pressure from Washington for bilateral talks.
On Thursday, Japanese Prime Minister Shinzo Abe, European Council President Donald Tusk and European Commission President Jean-Claude Juncker shook hands in Brussels on a free trade deal encompassing nearly 30 percent of global gross domestic product (GDP) and 9 percent of the world’s population.
“Japan and the EU demonstrated our strong political will to raise the flag of free trade high when there are moves toward protectionism in the world. It’s a result we should be proud of and this is a powerful message to the world,” Abe said at a press conference.

Tusk concurred, saying, “Although some are saying that the time of isolationism and disintegration is coming again, we are demonstrating that this is not the case.”
Reached before the start of Group of 20 (G-20) summit in Germany, the deal contrasts with U.S. President Donald Trump’s “America First” policy, under which the Trump administration has withdrawn from the Trans-Pacific Partnership (TPP) pact and sought to renegotiate other deals bilaterally.
Politically, the pact is a boost for Abe after having championed the TPP, helping to expand exports without threatening a major backlash from the domestic farm lobby. For the EU, it has demonstrated the continued benefits of membership amid the existential threat posed by Brexit and other isolationist movements.
Reached after four years of negotiations, the Japan-EU pact will eliminate 99 percent of tariffs between the two partners, while also expanding markets for services and government procurement along with enhancing regulatory cooperation.
Among its economic benefits, the deal could boost EU exports to Japan by 34 percent and Japanese exports to the EU by 29 percent. The EU’s gross domestic product (GDP) could grow by 0.76 percentage point and Japan’s by 0.29 percentage point. The EU also estimates it will save 1 billion euro ($1.1 billion) a year in customs duties, growing its exports to Japan to more than 100 billion euro.
Japanese food lovers are set to benefit, with Tokyo to establish a low-tariff import quota for European cheeses such as Camembert, while eliminating tariffs on European wine imports and phasing out tariffs on goods such as chocolate and pasta.
In return, the EU agreed to phase out its 10 percent tariff on Japanese passenger cars over seven years, as well as immediately abolishing tariffs on Japanese autoparts. Brussels also agreed to eliminate immediately tariffs on Japanese beef, sake, whiskey and wine as well as electronics.
According to Japan’s NHK World, Japanese wine shops were considering price cuts on French wine following the deal, while autoparts makers and sake brewers were also eyeing its benefits.
However, not all businesses surveyed welcomed the agreement. Akedori Cheese Factory’s Madoka Sato said cheaper European imports would increase competitive pressure on the firm.
“All we have to do is to continue improving the quality of our cheeses, and provide new flavors to customers who want our goods,” Sato told the Japanese broadcaster.
Shares in food-related stocks on the Tokyo Stock Exchange fell Friday, amid expectations of rising imports damaging domestic producers’ earnings. Among the losers were Megmilk Snow Brand and Rokko Butter, which dropped around 2 percent, while shares in Nippon Flour Mills hit a one-month low.
The Japan-EU agreement will “lend momentum to negotiations for the TPP11 and other EPAs [economic partnership agreements],” with investors pricing in increased food imports, Daiwa SB Investments’ Soichiro Monji told the Nikkei.