Features
03.01.24“There Is No CPEC in Gwadar, Except Security Check Posts”
The China-Pakistan Economic Corridor (CPEC) is one of the major spokes of Beijing’s multi-trillion dollar Belt and Road Initiative (BRI), an ambitious attempt to remake global trade and transport infrastructure. CPEC’s terminus is Gwadar, a port...
Conversation
12.16.22How Well Is China Advancing Its Interests in Southeast Asia?
Xi Jinping traveled to Southeast Asia last month to attend the G20 summit in Bali before moving on to the Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ meeting in Bangkok. The meetings came on the heels of Premier Li Keqiang’s...
China in the World Podcast
08.18.22China’s Role in Sri Lanka’s Debt Crisis
from Carnegie China
In this episode of the China in the World podcast, Paul Haenle speaks with Anushka Wijesinha about the ongoing political and economic crisis in Sri Lanka. The discussion covers the domestic and international causes of Sri Lanka’s debt crisis,...
The China Africa Project
07.31.19Is South America China’s ‘New Africa’?
At first glance, China’s engagement in Latin America and the Caribbean (LAC) looks a lot like what it’s doing in Africa. Just as China surpassed Europe as Africa’s largest trading partner, China has become the top trading partner of several LAC...
China in the World Podcast
07.18.19China-India Relations One Year After the Wuhan Summit
from Carnegie China
In May 2018, President Xi Jinping and Prime Minister Narendra Modi met in Wuhan for an informal summit that many say helped reset the relationship following the Doklam crisis. In this podcast, Paul Haenle spoke with Rudra Chaudhuri, Director of...
The China Africa Project
07.17.19Where is the Evidence of Debt Traps in Africa?
To discuss accusations that China engages in so-called “debt trap diplomacy,” Eric and Cobus spoke with Deborah Brautigam, a Johns Hopkins University Professor and Director of the China-Africa Research Initiative in Washington, D.C. The “debt trap”...
The China Africa Project
05.17.19Why China’s ‘Debt Trap Diplomacy’ Critics Are Wrong
China’s critics, led largely by the United States, are determined to warn developing countries about the risks of borrowing too much money from Beijing. They contend China will use these loans to financially entrap economically vulnerable countries...
The China Africa Project
05.16.19Confused About China’s Belt and Road Agenda? You’re Not Alone.
Thirty-seven foreign heads of state came to Beijing this week to take part in the second Belt and Road summit hosted by Chinese President Xi Jinping. Some leaders, like Kenya’s President Uhuru Kenyatta, came with expectations to sign huge...
Conversation
04.24.19Is This the End of Belt and Road, or Just the Beginning?
On April 25-27, China’s government will host the leaders of dozens of countries to celebrate the Belt and Road Initiative (BRI), the signature foreign policy program of Xi Jinping. Since its founding in October 2013, the BRI now covers more than 150...
Conversation
02.15.19China is Upping Its Aid and Development Game. How Should the U.S. Respond?
During his September 2018 U.N. address, President Donald Trump threatened that the United States may decide to only give foreign aid to “those who respect us and, frankly, are our friends.” In August, the White House attempted to cut foreign aid...
Conversation
12.19.18China’s Growing Footprint in Latin America
Many Latin American countries experienced political change in 2018, with presidential elections in three of the largest countries—Brazil, Mexico, and Colombia—and transitions in Chile, Costa Rica, Cuba, El Salvador, and Paraguay. Meanwhile, several...
The China Africa Project
08.29.18Is This Really the Best Time for a China-Africa Summit?
Does it still make sense for China to put on big, expensive mega-summits with African leaders, like FOCAC, which will take place in Beijing in September? Facing a slowing economy and a potentially devastating trade war with the U.S., maybe China is...
ChinaFile Recommends
08.09.18Walmart and JD.Com Invest $500 Million in a Chinese Online Delivery Company
CNBC
Dada-JD Daojia was formed from the merger of JD Daojia, which is JD.com's online-to-offline business, and Dada Nexus, a large crowd-sourcing delivery platform in China with operations in more than 400 major cities.
ChinaFile Recommends
08.07.18China Has Outspent the US by $24 Billion in 5G Technology since 2015, Study Shows
CNBC
China has in recent years outspent the U.S. by $24 billion in the area of next-generation mobile internet technology known as 5G, potentially creating a "tsunami" that will be difficult to catch up with,...
ChinaFile Recommends
06.12.18Chinese Companies May Invest in North Korea. American Not so Much
CNN
President Donald Trump met North Korean leader Kim Jong Un in Singapore on Tuesday at a historic summit that the United States hopes will lead to North Korean nuclear disarmament.
ChinaFile Recommends
04.20.18Trade Wars Don’t Faze This U.S.-China Investor
Bloomberg
The best-performing worldwide mutual fund relies on Chinese and American companies. That's not about to change.
ChinaFile Recommends
02.02.18China’s Plans for Creating New International Courts Are Raising Fears of Bias
CNBC
Multi-jurisdictional dealings between Chinese entities and their emerging market counterparts can pose immense regulatory challenges, especially in the realms of financing and execution.
ChinaFile Recommends
01.24.18US-China Biotech Startup XtalPi Lands $15m from Google, Tencent and Sequoia
TechCrunch
Google continues to increase its presence in China after it joined Sequoia China and Tencent in a $15 million investment for XtalPi, a U.S.-China biotech firm that uses artificial intelligence and computing to accelerate the development of new drugs.
ChinaFile Recommends
01.22.18Why China and Latin America Are Discussing Trade Now
Al Jazeera
Foreign ministers from Latin America and China are meeting in Chile for a two-day summit focusing on trade, which is becoming crucial for the growth of both.
ChinaFile Recommends
01.17.18The Island Paradise That Could Be China’s Next Strategic Transport Hub
CNBC
China’s Foreign Minister Wang Yi concluded his annual trip to Africa on Tuesday with a visit to the tiny island nation of Sao Tome and Principe, off the continent's western gulf.
ChinaFile Recommends
01.08.18France’s Macron Visits China to Talk Fairer Trade and the Future
Washington Post
As French President Emmanuel Macron began his three-day visit to China on Monday, he arrived with a bold message. “Europe is back,” he said.
ChinaFile Recommends
01.04.18Beijing to Build $2 Billion AI Research Park: Xinhua
Reuters
Beijing is planning to build a 13.8 billion yuan ($2.12 billion) artificial intelligence development park in the city’s west, the official Xinhua news agency reported, as China pushes ahead to fulfill its ambition to become a world leader in AI by...
ChinaFile Recommends
12.05.17Are Alibaba and Tencent Fueling a Tech Bubble? Investors Weigh the Worrisome Question
Fortune
Alibaba has spent roughly $1.72 billion buying at least 50 startups and small businesses since 2013, while Tencent has doled out at least $780 million over the same period, according to Nikkei Asian Review.
ChinaFile Recommends
11.14.17China Investment Growth Slows, Industrial Output Misses Expectations
CNBC
China’s fixed-asset investment growth slowed to 7.3 percent in the January-October period, and came in slightly below market expectations.
ChinaFile Recommends
10.16.17In China, Trading Begins on WeChat
Bloomberg
Regulators elsewhere may be clamping down on the financial industry’s use of private messaging apps, but in the world’s second-largest economy the practice is flourishing.
ChinaFile Recommends
10.04.17In China, Cryptocurrency Sales Persist in the Shadows
Wall Street Journal
Three days after Chinese regulators outlawed cryptocurrency fundraising in early September, a woman met with half a dozen individuals at a Beijing golf club to pitch a digital-currency investment opportunity.
ChinaFile Recommends
08.08.17China’s Crackdown on Money Fleeing the Country Looks Like It’s Working
CNBC
China’s giant cash pile is increasing—and it’s a sign that the government’s industry-spanning crackdown on money fleeing the country is working.
Conversation
08.03.17As China Reins in Capital, What Next for Global Trade?
China’s Communist Party and its leader, Xi Jinping, are tightening controls on overseas spending by the country’s biggest companies and their highly visible billionaire CEOs. The Wall Street Journal reported recently that Xi personally signed off on...
ChinaFile Recommends
07.20.17CPEC: The Growing Resentment and Resistance among Poor Pakistanis Can Cost China Dearly
Quartz
In Pakistan, there’s no topic hotter than the China-Pakistan Economic Corridor (CPEC), a multi-billion dollar bilateral development project that will officials promised in 2015, “usher in an era of unprecedented progress and prosperity.”
ChinaFile Recommends
07.17.17China to Keep Monitoring ‘Irrational’ Overseas Investments
Reuters
Chinese authorities will continue to monitor the trend of "irrational" overseas investments in the real estate, hospitality and film industries.
Environment
06.30.17Can the AIIB Support Asia’s Energy Revolution?
from chinadialogue
The Asian Infrastructure Investment Bank (AIIB), headquartered in Beijing, held its second annual meeting on the Korean island of Jeju last week. Korea is currently positioning Jeju as a zero-carbon tourist destination, so the choice of location...
ChinaFile Recommends
06.21.17China Shares Get MSCI Nod in Landmark Moment for Beijing
Reuters
U.S. index provider MSCI said on Wednesday Hong Kong time it would add a selection of China's so-called "A" shares to its Emerging Markets Index .MSCIEF after having rejected them for three years running.
ChinaFile Recommends
06.18.17Some Global Investors See Fresh Worries in an Old Problem: China
New York Times
While investors have been preoccupied with President Trump and chaos in Washington, nerve-rattling elections in Europe and the uncertainty created by Federal Reserve policy and Britain’s decision to leave the European Union, a once-familiar — and...
ChinaFile Recommends
06.14.17Asia Closes Mostly Lower Following Release of China Industrial Data; Fed Awaited
CNBC
Equities in Asia closed mostly lower on Wednesday as China data came in mostly in line with expectations and markets awaited the Federal Reserve's decision on monetary policy.
Books
06.13.17Fortune Makers
Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution.Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles—a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party—and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with.When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan’s economy out of the ashes—and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally. —PublicAffairs{chop}
ChinaFile Recommends
06.13.17Trump Adds More Trademarks in China
New York Times
President Trump is poised to add six new trademarks to his expanding portfolio in China, in sectors including veterinary services and construction, potentially renewing concerns about his possible conflicts of interest.
ChinaFile Recommends
05.15.17China Pledges More Than $100 Billion in Belt and Road Projects
CNBC
China is pledging more than $100 billion to finance projects under its “One Belt, One Road” strategy, an ambitious initiative to strengthen the world’s second-largest economy’s investment, influence and trade links to the rest of the globe.
ChinaFile Recommends
05.15.17U.S. Firms Want In on China’s Global ‘One Belt, One Road’ Spending
New York Times
As China plans to build a raft of roads, rail lines, ports and airports across Asia, Africa and Europe, skeptics say Chinese companies will be the only real winners from the ambitious initiative.
ChinaFile Recommends
05.11.17Western and Japanese Snub of China’s Belt and Road Summit Is a Missed Opportunity
South China Morning Post
The conspicuous absence of the heads of state from the major Western economic powers and Japan at the belt and road summit this month in Beijing is a big mistake and a missed opportunity for enhancing dynamic and cooperative globalisation.
ChinaFile Recommends
05.10.17The Princeling in the West Wing
New York Times
Over the weekend, there was the unseemly spectacle of Jared Kushner’s sister, Nicole Meyer, hawking golden visas to connected Chinese investors if they would put $500,000 into one of the Kushners’ real estate projects in Jersey City.
ChinaFile Recommends
05.08.17China Pitch by Kushner Sister Renews Controversy over Visa Program for Wealthy
Washington Post
A much-criticized visa program that allows foreigners to win fast-track immigration in return for investing $500,000 in U.S. properties was extended in a bill signed by President Trump just one day before a sister of senior White House adviser Jared...
ChinaFile Recommends
05.08.17Syria Says up to 5,000 Chinese Uighurs Fighting in Militant Groups
Reuters
Up to 5,000 ethnic Uighurs from China's violence-prone far western region of Xinjiang are fighting in various militant groups in Syria, the Syrian ambassador to China said on Monday, adding that Beijing should be extremely concerned about it.
ChinaFile Recommends
04.27.17China’s Uber worth $50 Billion after Raising More Cash
CNN
China’s homegrown answer to Uber is about to become the world’s second most valuable startup.
ChinaFile Recommends
04.14.17Xinhua Insight: Procedures unveiled for birth of Xiongan New Area
Xinhua
Plans for Xiongan New Area, an economic zone about 100 kilometers south of Beijing, are becoming more clear. President Xi Jinping said, “The capital's core functions should be preserved and strengthened, and some inappropriate functions...
ChinaFile Recommends
03.14.17China’s Economy Gets Off to Strong Start in 2017 as Investment Rebounds
Reuters
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence in private investment.
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03.07.17The Tesla China Numbers That Elon Musk Won’t Tell You
Forbes
More evidence about Tesla’s Big China Bonanza is coming in
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02.13.17How Chinese Internet Giant Baidu Uses AI and Machine Learning
Forbes
Baidu is currently considered to be pack leader amongst the Chinese internet giants as they race to develop and deploy machine and deep learning technology.
ChinaFile Recommends
02.02.17Why Foreign Companies Are Shutting Shop in China
South China Morning Post
Sony Electronics, Marks & Spencer, Metro, Home Depot, Best Buy, Revlon, L’Oreal, Microsoft, and Sharp—some of the big names to have closed Chinese operations
ChinaFile Recommends
01.20.17Asian Shares Mixed as Investors Eye Trump’s Inauguration
CNBC
Asian markets were a mixed bag on Friday after China’s latest set of economic data suggest the economy is recovering, even as risk sentiment sours ahead of Donald Trump’s inauguration
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01.18.17The Chinese Government Finally Admitted That Its Economic Data Was Made Up
Quartz
For many who have long believed that China’s economic growth figures seemed too good—and tidy—to be true, they now have official confirmation of that skepticism.
ChinaFile Recommends
01.12.17Japan And China Are Competing To Win Over The Philippines
Forbes
Philippine President Rodrigo Duterte is pushing away the United States in favor of its geopolitical rival China. But the man in office still likes Japan.
ChinaFile Recommends
01.10.17Alibaba Looks to Bricks and Mortar With Bid for Mall Operator in China
New York Times
Alibaba is pushing further into the very sector that it helped to disrupt with a $2.6 billion bid for Intime Retail, a department store and mall operator in China.
Reports
01.01.17Record Flows and Growing Imbalances
Mercator Institute for China Studies
Foreign direct investment (FDI) has become an increasingly important part of the E.U.-China economic relationship. European companies have invested hundreds of billions of euros into the Chinese economy since the 1980s, and have made big bets on...
ChinaFile Recommends
12.28.16China’s Markets are Tamed— but Not Tempting
Wall Street Journal
The roller-coaster ride may be over, but global investors say that still hasn’t made China attractive for 2017
ChinaFile Recommends
12.28.16The 10 Largest Investments in China This Year
Tech in Asia
In the first half of 2016 alone, investors poured US $37 billion into Chinese startups: Didi Chuxing, Ant Financial, and Meituan-Dianping top the list
ChinaFile Recommends
12.12.16Small Investors Join China’s Tycoons in Sending Money Abroad
New York Times
It's Chinese investors and a developer in Brooklyn- with a digital lending twist
The China Africa Project
11.02.16Chinese-IMF Rivalry Worsened Congo’s Debt Load
In 2007, when China’s Exim Bank unveiled a massive U.S.$6 billion mining deal in the Democratic Republic of the Congo (DRC), it rocked the normally-staid world of international development finance. The agreement, known as Sicomines, was among the...
ChinaFile Recommends
10.21.16China’s Local Governments Are Getting Into Venture Capital
Bloomberg
China’s next billion-dollar startup could have backing from an investor with more money than Warren Buffett and a knack for promoting spicy duck-neck delicacies
ChinaFile Recommends
09.26.16China’s Risk-Loving Mom & Pop Investors Abandon Local Stock Markets for Bitcoin
Quartz
China’s two biggest exchanges account for more than 90% of global trading.