Zuckerberg, king of messages and speaker of Mandarin, fails to get China’s main message. China doesn’t want Facebook’s mission. Facebook helps people talk to each other and know what’s going on. With all that’s already going on, China sees information as a serious threat to its goals.
JP Morgan manged to get a deeper foot in China, with a license to loan more money. Perhaps they think there is a market for that. It is unclear whether the reason this made headlines was because JP Morgan got a deal in China, because an American company thought it was safe to get a deal in China, or because there wasn’t much else in the news about China.
With Trump dominating the news, China didn’t help sell too many newspapers. China’s primary headlines this week came after the “Rocket Force” tested its relatively new medium-range DF-16 ballistic missile, which replaces older, shorter range DF-11. It carries up to three warheads, weighs up to one ton, and can deliver a nuclear bomb. It can adjust to strike slow-moving targets and to supposedly evade anti-missile systems like the US Patriot system, though the best kept secret about China’s military is that it is inexperienced in combat, let alone has any history in a conflict with the US.
Trump’s administration made it clearer this week: Head to head, China loses. The US isn’t joking. Trump’s staff understand Chinese culture well, specifically how important “face” is. But, it seems that China still doesn’t understand how determined Irish redheads can be, whether they make loud claims in Beijing’s style or not. Experts pipe in that the US and China can both have a win-win, but they also fail to understand that there is no such thing as win-win in old school Far East.