China’s long love affair with a curious phrase appears to be ending. For years, Chinese bureaucrats have dutifully parroted a phrase near and dear to President Xi Jinping’s heart: “A new model of great power relations”....It was never clear exactly what it meant — the Obama administration was loath to use it, meaning its details were never fleshed out — but it appeared to imply some sort of parity, equality, and shared responsibility between the United States and China. Now, after years of regularly appearing on the lips of Beijing apparatchiks, the phrase appears to be fading into history. – Foreign Policy’s Tea Leaf Nation
China’s 200 richest lawmakers are worth more than $500bn, according to the Hurun Report, which tracks the fortunes of the country’s wealthiest people. – Financial Times
China, which tightly censors the internet, called on Thursday for a new model for governing the web based on rules and order rather than the unfettered access seen in democratic societies. – Associated Press
China wants to boost the loyalty of young people from Taiwan, Hong Kong and Macau by organizing "study trips" and exchanges for them to visit the mainland, a top Chinese official said on Friday. - Reuters
Beijing has banned Chinese tour groups from visiting South Korea, as China escalates its retaliation against the planned Korean deployment of the US-built Thaad missile shield. – Financial Times
Editorial: Whatever Beijing intends, it is clear that Pyongyang’s nuclear and missile capabilities pose a direct and increasingly intolerable threat to U.S. security, and that the threat will end only when the Kim dynasty is deposed. If Beijing won’t cut its economic lifelines to the North, the Trump Administration should use financial sanctions on Chinese entities to force the issue. – Wall Street Journal (subscription required)