ChinaFile Recommends
04.10.18Xi Says China to Lower Trade Barriers as Beijing Files Wto Complaint against U.S.
NPR
China’s President Xi Jinping says his country will “significantly lower” import tariffs on automobiles as part of a broader move to open up its economy amid a major trade dispute with the U.S.
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04.09.18China Now Has the Most Valuable AI Startup in the World
Bloomberg
Facial recognition company in China becomes richest-valued private AI startup.
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04.05.18U.S. Farmers Likely among Hardest Hit by Chinese Tariffs
NPR
China's retaliatory tariffs may hit farmers harder than any other group.
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04.05.18If There’s a U.S.-China Trade War, China May Have Some ‘Unconventional Weapons’
New York Times
There are ways to make life harder for American companies in China that need not be formal, or widely publicized.
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04.05.18Ex-Google Executive Opens a School for AI, with China's Help
Wired
Onetime head of Google's operations in China launches a new project to train Chinese AI talents.
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04.05.18Anti-China Tilt in Australia Is Shortsighted
Bloomberg
In Australia, Chinese investment is small, but feels large.
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04.04.18Xiaomi Ceo Calls China’s Plan to Lure Tech Listings ‘Excellent’
Bloomberg
China’s trial program for encouraging technology giants like Alibaba Group Holding Ltd. to list their shares at home is drawing positive early reviews, a sign their stocks may soon be available in the world’s most populous country.
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04.04.18China Strikes Back at the U.S. With Plans for Its Own Tariffs
New York Times
China hit back at the United States on Wednesday with proposed tariffs on $50 billion worth of American soybeans, cars, chemicals and other goods, in a move likely to stoke fears that the countries’ escalating confrontation could become an all-out...
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04.04.18China Strikes Back at the U.S. With Plans for Its Own Tariffs
New York Times
China hit back at the United States on Wednesday with proposed tariffs on $50 billion worth of American soybeans, cars, chemicals and other goods, in a move likely to stoke fears that the countries’ escalating confrontation could become an all-out...
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04.04.18China’s Financial Opening Isn't Quite What It Seems
Bloomberg
Although trade tensions between the U.S. and China show no signs of abating, there are some reasons for cautious optimism.
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03.28.18It’s Not Just Facebook: China’s Biggest Tech Company Is Getting Crushed
CNN
Tencent (TCEHY) -- the company often referred to as China's Facebook -- has lost more than $70 billion in market value over the past week.
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03.27.18How Clean Indoor Air Is Becoming China's Latest Luxury Must-Have
Guardian
One luxury hotel in Shanghai is attracting guests with clean filtered air.
The China Africa Project
03.26.18‘Black Panther’ Sparks Debate over Anti-Black Racism in China
The seemingly sharp fall in attendance prompted Western media outlets to write a series of articles that suggested Chinese moviegoers objected to Black Panther because of its all-black leading cast. “A torture for the eyes: Chinese moviegoers think...
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03.26.18China’s Attempts to Supplant Dollar Face Historic Difficulties
Wall Street Journal
The world’s first yuan-denominated oil contracts launched Monday, as part of China’s drive to turn its currency into a global force in markets.
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03.26.18Alibaba Opens Car Vending Machine in China That Gives Free Test Drives for People with Good Social Credit
Verge
Alibaba and Ford signed a deal to form a partnership last year that would see both companies working together on new technological opportunities.
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03.26.18The US and China Are in Talks to Try to Avoid a Trade War
CNN
The United States and China are acting tough over trade, but they’re also busy talking to try to stop the situation spiraling out of control.
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03.20.18How China’s Government Has Changed after the NPC
BBC
A stronger military and more power to fight corruption are among the major changes revealed at China’s National People's Congress (NPC) this year.
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03.20.18China Vows to Open Its Markets Further in Response to Trump’s Tariff Threats
Washington Post
China responded to the threat of a massive package of tariffs from the United States by vowing Tuesday to further open its own markets to foreign trade and investment, while warning that a trade war between the two nations would hurt both sides.
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03.15.18The Battle for Digital Supremacy
Economist
“DESIGNED by Apple in California. Assembled in China”. For the past decade the words embossed on the back of iPhones have served as shorthand for the technological bargain between the world’s two biggest economies: America supplies the brains and...
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03.15.18Hong Kong’s Judges Voice Fears over China Influence in Judiciary
Reuters
As Hong Kong’s judges and senior lawyers paraded in ceremonial wigs and gowns on Jan 8 to mark the start of the legal year, anxieties over China’s growing reach into the city’s vaunted legal system swirled with the wintry winds.
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03.15.18Hard-Charging Chinese Energy Tycoon Falls from Xi Government’s Graces
New York Times
A mysterious Chinese buyer surprised the financial world last year when it swooped in to buy a $9 billion chunk of Russia’s state oil company.
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03.15.18China Tech Titan Alibaba Plans Stock-Market Homecoming
Wall Street Journal
Technology giant Alibaba Group Holding Ltd. is working on a plan to list on a stock exchange in its home market, China, according to people familiar with the matter, more than three years after its blockbuster initial public offering in New York.
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03.14.18Facebook, Amazon Handicapped as They Follow China Playbook
Financial Times
Amazon and Facebook grabbed headlines with groundbreaking moves last week: segueing into bank accounts and music, respectively. Groundbreaking, that is, for the west—such moves are business as normal in China.
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03.14.18China Levies Record $870 Million Fine for Stock Manipulation
Bloomberg
China slapped a logistics company with fines totaling 5.5 billion yuan ($870 million) for manipulating the stock market, the biggest ever punishment for such an infringement.
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03.14.18Trump Demands Aides Pump up Anti-China Tariffs
Politico
President Donald Trump is getting ready to crack down on China. Trump told Cabinet secretaries and top advisers during a meeting at the White House last week that he wanted to soon hit China with steep tariffs and investment restrictions in response...
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03.13.18Honeywell, Other U.S. Companies Look to Benefit from China's Gigantic 'Belt and Road' Initiative
CNBC
Over 15 U.S. companies called the program an opportunity for business growth.
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03.12.18Trump’s China Whisperer: How Billionaire Stephen Schwarzman Has Sought to Keep the President Close to Beijing
Washington Post
This American investor has one of the closest relationships to Beijing.
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03.09.18US’s Tillerson Warns African Nations Not to ‘Forfeit Their Sovereignty’ by Taking Chinese Loans
CNBC
U.S. Secretary of State Rex Tillerson has warned against African nations accepting Chinese cash in agreements which could “forfeit their sovereignty.”
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03.09.18China, Europe Slam Trump’s Tariffs as U.S. Metalworkers Cheer
Wall Street Journal
China and Europe lashed out against new U.S. steel and aluminum tariffs, while officials and executives from several American allies caught in the crossfire reacted more cautiously, embracing what the White House promised would be some flexibility...
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03.09.18Trump Takes the Bait from Musk, Attacks China Auto Import Duties
Bloomberg
President Donald Trump may not follow Elon Musk on Twitter, but the Tesla Inc. chief’s posts decrying China’s automotive trade practices managed to catch his attention.
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03.07.18China Protectionism Creates Tech Billionaires Who Protect Xi
Bloomberg
China’s tech giants will add star power to the country’s political festivities this week, paying homage to President Xi Jinping and endorsing constitutional changes for him to remain president indefinitely.
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03.07.18China and the Philippines Will Work Together to Tap the South China Sea’s Vast Oil Deposits
Forbes
China needs fuel to grow the world’s second-largest economy by 6.5% this year as established this week at annual legislative sessions.
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03.07.18The West Is Doing Its Best to Help China
Financial Times
Most of it is unintentional. Yet the west could not be helping China more if it tried.
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03.06.18Blockchain Is a Surprisingly Hot Topic at China’s Annual Political Gathering
Quartz
Thousands of China’s elites are currently gathered in Beijing for the “two sessions,” the annual meetings for members the National People’s Congress (or NPC, China’s rubber-stamp legislative branch) and the Chinese People’s Political Consultative...
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03.06.18Box Office: Will ‘Black Panther’ Conquer China?
Hollywood Reporter
At nearly $900 million worldwide and counting, Marvel’s latest is a certified historic hit, but Ryan Coogler’s blockbuster faces a final challenge to “conventional wisdom” in the world's second-largest film market.
Conversation
03.02.18How Will Trump’s Tariffs Affect U.S.-China Relations?
Arguing that America is harmed by other countries’ trade practices, President Donald Trump said on March 1 that the U.S. will impose a new 25 percent tariff on imported steel and 10 percent tariff on imported aluminum. “People have no idea how badly...
The NYRB China Archive
03.02.18The Brands That Kowtow to China
from New York Review of Books
There’s been no joking as the apologies to China have come thick and fast in recent weeks, issued not by teenage singers but by some of the largest and richest multinational corporations in the world—the German luxury car manufacturer Daimler, the...
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03.01.18As Xi Tightens His Grip on China, U.S. Sees Conflict Ahead
New York Times
A few weeks after Stephen K. Bannon left the White House in August, he was invited to a dinner at the Council on Foreign Relations to discuss American policy toward China.
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03.01.18Why Chinese State Media Love Elon Musk’s Latest Tweets
CNN
The Tesla CEO tweeted out a link to a video about a Chinese rail station that was built in less than 9 hours.
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03.01.18China Box Office Surges 39 Percent in First Two Months of 2018
Hollywood Reporter
China is once again rapidly closing the gap with North America, still narrowly the world’s largest film market.
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03.01.18A Social Media Tycoon Is Now China’s Richest Man
CNN
Tencent CEO Ma Huateng is the country’s highest-ranked person on the Global Rich List published Wednesday by Shanghai-based wealth research firm Hurun Report.
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03.01.18An Anbang-Linked Revolutionary Heir Dies in China. Speculation Begins.
Wall Street Journal
The sudden death of a revolutionary scion linked to troubled Chinese insurer Anbang Insurance Group Co. is reverberating through China’s battered private business community.
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03.01.18China Energy Group Bonds Crash after Detention Report
Financial Times
Bonds of mysterious Chinese energy firm CEFC crashed on Thursday amid reports that its chairman Ye Jianming had been detained, complicating its deal to buy a $9bn stake in Russian oil company Rosneft.
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02.27.18China Spends $279 bln on R&D in 2017: Science Minister
Reuters
China’s total spending on research and development is estimated to have hit 1.76 trillion yuan ($279 billion) last year, China’s science minister said on Monday, a year-on-year increase of 14 percent.
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02.27.18Chinese Capital Dangles Carrots to Lure Foreign Talent to Its Silicon Valley
Reuters
Beijing, a major hub for artificial intelligence (AI) and semiconductors in China, is touting a new list of incentives to try and bait foreign talent for its equivalent of Silicon Valley in the Chinese capital.
The China Africa Project
02.23.18Hong Kong Millionaire’s Arrest Exposes Chinese Corruption in Africa
Former Hong Kong Secretary for Home Affairs Patrick Ho Chi-ping pleaded not guilty last month to corruption charges brought by a U.S. federal court in New York after he was accused of offering bribes worth a total of U.S.$2.9 million to prominent...
Viewpoint
02.15.18A Clash of Cyber Civilizations
There has been little need for the term “cyber sovereignty” among democratic states: the Internet, by its nature, operates under an aegis of freedom and cooperation. However, as the international system slips away from American unipolarity, a...
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02.15.18Chinese New Year Means a Spending Spree across East Asia
CNBC
The Lunar New Year, which kicks off on Feb. 16, is East Asia’s most important holiday season.
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02.15.18In China, Flashy Logos Are Making a Comeback as a Status Symbol
Quartz
Over the past few seasons, logos have made a return to the runway. Even in China, where the industry consensus was that countless fakes and shallow status projection had created serious logo fatigue, people are no longer ashamed to flash luxury...
ChinaFile Recommends
02.14.18Tesla’s China Dream Threatened by Standoff over Shanghai Factory
Bloomberg
Tesla Inc., the biggest-selling electric carmaker in the U.S., is in danger of being relegated to an expensive niche in China because Elon Musk can't clinch a deal to open a factory there.
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02.13.18Alibaba's ‘Digital Free Trade Zone’ Has Some Worried about China Links to Malaysia
CNBC
Alibaba e-commerce platform in Malaysia raises concerns over impact on local firms.
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02.12.18Disney Can Stream Its Movies in China Again, Thanks to Alibaba
CNN
Disney is trying again to get its movies and TV programs into China.
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02.08.18This Week in China Tech: Xiaomi’s 460 Investments, Tencent’s Gamble and a New ‘Blockchain Academy’
Forbes
China’s technology scene is always shifting, and this week we’ve seen big news coming from Xiaomi, Tencent, Wanda, Baidu, among others. Here are the some of the most interesting tech stories out of China you might not have heard about.
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02.08.18Life Drains from Little Africa as China Dream Fades for Its Fortune Seekers
Guardian
Kalifa Feika swapped Sierra Leone for southern China four years ago, determined to manufacture his fortune in the factory of the world.
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02.08.18Germany’s Daimler Issues ‘Full Apology’ to China over Dalai Lama
BBC
Daimler has issued a second emphatic apology to China after its subsidiary, Mercedes Benz, quoted the Dalai Lama in an Instagram post on Monday.
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02.07.18China Tries to Charm Tech-Savvy Taiwanese Youth as Political Ties Fray
Reuters
A start-up incubator on the outskirts of Shanghai is laying out sweeteners for budding entrepreneurs: Free office space, subsidized housing rent, tax breaks and in some cases, cash of up to 200,000 yuan ($31,211.47).
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02.06.18The Upside for China in the US Stock Market Plunge – from the Chinese Economist Who Tipped a Big Fall
South China Morning Post
A record points plunge in the US stock market this week could be good news for China’s exporters, according to a Chinese government economist who predicted a big correction in American shares four weeks ago.
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02.06.18China Is Rapidly Closing the US’s Lead in AI Research
Quartz
Every year, hundreds of researchers gather at the annual conference of the Association for the Advancement of Artificial Intelligence (AAAI) to hear presentations on the latest developments in AI. Increasingly, that means learning about the work of...
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02.06.18China Smartphone Sales down for First Time since 2009
Financial Times
Sales of smartphones in China — the world’s biggest market, responsible for roughly one in every three shipments — declined last year for the first time since 2009, slumping 4.9 per cent year on year according to preliminary data from research group...
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02.05.18Chinese Capital Controls Hit Silicon Valley Tech Investors
Financial Times
Chinese technology investors in Silicon Valley are being thwarted by the country’s capital controls, in a sign of the unintended consequences of Beijing’s move last year to curb cash outflows.