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08.15.16China Pledges to Cut Size of Its Massive Fishing Fleet Due to Serious Threat to Nation’s Fish Stocks
South China Morning Post
The government said there were practically “no fish” in the coastal East China Sea.
Environment
08.11.16China-Led Development Bank Careful to Cooperate with Critics
from chinadialogue
The Asian Infrastructure Development Bank (AIIB) unveiled its initial batch of projects at its first annual meeting in Beijing in June, giving the go-ahead to investments totaling U.S.$509 million (3.4 billion yuan) and providing an important...
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08.11.16Australia Rejects Bids From Chinese Investors for Electricity Provider
New York Times
Local wariness toward China’s growing economic influence has risen amid a wave of Chinese takeovers of Australian businesses.
Caixin Media
08.09.16China's New 'Bad Loan' Managers: Savvy Saviors or Riskier than Ever?
As China's economy slows and defaults rise, 'bad loan' managers say they spot an opportunity to pick up bargains, because lenders are eager to shed toxic debt that might otherwise poison the broader financial system. Yet questions...
Sinica Podcast
08.08.16Clay Shirky on Tech and the Internet in China
from Sinica Podcast
The Internet expert and author of “Here Comes Everybody” gives his take on China's successes and challenges in the online world. In an hour-long conversation Shirky delves into the details and big-picture phenomena driving the globe’s largest...
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08.08.16China Exports Slide on Weak Demand
Wall Street Journal
Global uncertainty and headwinds continue to buffet the world’s second-largest economy.
Conversation
08.03.16What Does Uber’s Retreat Say About the Ability of U.S. Internet Innovators to Succeed in China?
In early August, news broke that Uber would sell its China business to Didi Chuxing, its largest rival on the Mainland. Uber is just the latest in a series of tech companies—including Google, Twitter, and Amazon, among others—that found the Middle...
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08.02.16ChinaFile Recommends
07.28.16China’s Taikang Life Insurance Takes 13.5% Stake in Sotheby’s
Wall Street Journal
The life insurance company also expressed interest in possibly nominating directors to Sotheby’s board.
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07.28.16Gig Economy Arrives in China (Officially); Ride-Sharing a Go
New York Times
A Cabinet document sets guidelines for registration, fares, employment of drivers and payments.
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07.25.16A Chinese Millionaire’s $1.3bn Plan to ‘Transform’ Sheffield
BBC
The deal has the backing of the British government.
ChinaFile Recommends
07.25.16Apple’s China Problem Is That Local Phones are Good — and Cheap
Bloomberg
Apple has lost market share to Huawei and Oppo.
Environment
07.21.16Chengdu’s Pollution Is Complicated by Taxi Apps
from chinadialogue
Research carried out by Peking University’s Statistical Science Centre and Guanghua School of Management found that Chengdu suffers from air pollution 88 percent of the time—even worse than Beijing at 76 percent.
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07.21.16China’s Short-Changing Its Future
Bloomberg
One of the most critical tasks is developing a workforce for the 21st century.
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07.18.16Samsung Bets on China’s BYD for Growth
Wall Street Journal
The South Korean technology giant plans to invest in the electric vehicle and battery maker’s $2.3 billion share sale.
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07.14.16Likely Hack of U.S. Banking Regulator by China Covered Up
Reuters
The report was released amid growing concern about the vulnerability of the international banking system.
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07.14.16Greenpeace Warns Over China’s Excess Power Capacity
Financial Times
Overcapacity is dogging swathes of Chinese industry, including steel and petrochemicals, stifling profitability and damaging the environment.
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07.14.16China’s Wanda Shows Interest in Viacom’s Paramount
Reuters
Deliberations over Paramount’s future has become the flashpoint of a bitter row between Viacom Chief Executive and the company’s controlling shareholder.
Conversation
07.12.16China’s Claims in the South China Sea Rejected
On Tuesday in the Hague, the Permanent Court of Arbitration rejected China’s claims that a scattering of rocks and reefs in the contested South China Sea qualify as Exclusive Economic Zones for China. The court found in favor of the Philippines’...
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07.12.16Odeon And UCI Cinemas Sold to China-Owned Firm
BBC
The Cinema group has been bought by AMC, owned by Chinese conglomerate Dalian Wanda....
The China Africa Project
07.12.16China Was Once a Hot Destination for African Migrants, Not Any More
It was not that long ago that entire neighborhoods in the southern Chinese city of Guangzhou were overflowing with African migrants. Although there are no precise figures, scholars estimated that between 20,000-100,000 African immigrants used to...
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07.11.16Russia Stalls China’s $1 Billion Hydropower Loan for Mongolia
Bloomberg
The Kremlin said the hydropower project in northern Mongolia could threaten Lake Baikal 580 kilometers downstream.
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07.11.16Survey: Indian Firms Best, China Worst on Transparency
New York Times
The report highlighted the urgent need for big multinational companies to do more to fight corruption.
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07.11.16The Western Europe-Western China Expressway To Connect The Yellow Sea With The Baltic
Forbes
It will stretch 8,445 kilometers.
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07.07.16Walmart Workers Launch Wildcat Strikes Across China
Financial Times
The strike has realised the Communist party’s fear of co-ordinated cross-country labour unrest.
Environment
07.06.16China-Backed Hydropower Project Could Disturb a Sensitive Siberian Ecosystem
from Rivers without Boundaries
Lake Baikal contains 20 percent of the world’s freshwater resources and affects the regional climate of North Asia and the Arctic Basin. The lake is home to 2,500 aquatic species and local communities in Mongolia and Russia revere the lake as the “...
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07.06.16Look Who’s Winning A New Generation of U.S.-China Patent Disputes
Forbes
Beijing Intellectual Property Office has ruled that some Apple devices violate Chinese patented designs....
Depth of Field
07.01.16Tornados and Drag Queens
from Yuanjin Photo
Being a photojournalist involves reacting to breaking news, a dedication to long-term projects, and everything in between. This month’s showcase of work by Chinese photographers published in Chinese media underscores this range of angles: from the...
Features
07.01.16The Rockets’ Red Glare
from Slate
The vast majority of the world’s fireworks come from China. And sometimes they explode early, with deadly consequences.
Infographics
06.30.16Visualizing China’s Aid to Africa
In June of last year, 50 countries signed on to the Chinese-led Asian Infrastructure Investment Bank, including the U.K., Germany, Australia, and South Korea, acknowledgement of China’s success in driving development through mega-projects to build...
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06.30.16Netflix Eyes China as New Market
Fortune
Netflix is trying to counter slowing growth in the U.S. by moving into 130 new markets worldwide.
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06.30.16China Opens Door to Foreign Private-Equity Funds
Wall Street Journal
Regulator says funds must raise money from domestic investors, invest in Chinese capital markets.
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06.30.16China to Tolerate Weaker Yuan, Wary of Trade Partners’ Reaction
Reuters
The yuan is already trading at its lowest level in more than five years.
Caixin Media
06.30.16Chinese Investment in Euro Soccer Soars to Meet President’s Goals
Chinese companies are buying soccer teams across Europe, echoing the Beijing government’s ambitious plan to turn the nation into a soccer powerhouse.The powerhouse plan, which has backing from President Xi Jinping, has led to nine deals inked by...
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06.29.16China Stocks Extend One of The World’s Best Post-Brexit Rallies
Bloomberg
Shanghai composite climbs as the MSCI All-Country World Index tumbles....
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06.29.16Days After Disney Opened Its First theme Park, It Is Already Planning a Second
Quartz
Disney tries to keep China’s allurement to the Disney empire under control....
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06.28.16‘Destined to Disappear’: The Last Generation of China’s ‘Bang-Bang’ Army
New York Times
Itinerant porters face a vocational extinction in the towering hills of Chongqing....
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06.28.16What the Newly Branded China-Europe ‘Silk Road’ Trains Really Mean
Forbes
Trans-continental railway with fresh, uniform logos are set to launch on an auspicious date....
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06.27.16Uber Positions Its China App as More than a Ride-Hailing Service
TechCrunch
Uber’s new vision for China includes two new offerings, UberLIFE and Uber + Travel, which will roll out across China this year.
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06.24.16When Walt Went to China
Financial Times
Disney’s theme park in Shanghai promises a ‘rain of renminbi’—but also fuels paranoia about American cultural dominance.
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06.24.16China and South Korea Sound Notes of Caution
New York Times
The People’s Daily said the British vote could indirectly unsettle China’s economy in the short term but was unlikely to leave deep, lasting damage.
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06.24.16Predictions For Post-Brexit China-UK Business
Forbes
We have to look at the motives of Chinese investors in Europe.
ChinaFile Recommends
06.24.16The British Brexit Vote Is Awful News for China
Quartz
Behind Xi’s opposition to the UK leaving is China’s difficult trade situation with the European Union.
The China Africa Project
06.24.16Why the Stakes Are So High for China in South Sudan
Nowhere else in Africa do China’s financial, diplomatic, and geopolitical interests confront as much risk as they do in South Sudan. Beijing has invested billions of dollars in the country’s oil sector, deployed over a thousand troops to serve as U...
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06.23.16For LinkedIn China, Microsoft Deal Is a Complicated Connection
Wall Street Journal
The professional networking site has found success in China, while its new owner has faced challenges.
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06.23.16McDonald’s Plans to Revive Its Brand in China by Getting Out of the Restaurant Business
Quartz
It's the magic of franchising.
ChinaFile Recommends
06.21.16Chinese Economic Cyber-Espionage Plummets in U.S.
Reuters
U.S. network security companies notice a 90 percent decrease in Chinese hackers, as promised by the Chinese government....
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06.17.16Find-a-Journalist App Highlights Murky Media Practices in China
Wall Street Journal
The app connects companies seeking publicity and journalists interested in pocketing some extra cash.
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06.17.16China Coalminers Seek New Debt Terms
Financial Times
Some of China’s largest state-owned coalminers are asking banks to relax payment terms on loans, as a profound slump in prices devastates China’s coal heartland.
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06.17.16China Orders 255 Shanghai Industrial Facilities to Shut for G20
Reuters
The document, issued by the Shanghai Environment Protection Bureau, has ordered a wide range of companies to shut down for 14 days ahead of the G20 meet in Hangzhou.
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06.17.16Nephew of China’s Former Domestic Security Tsar Jailed for Graft
Channel NewsAsia
Zhou’s family has been ensnared in President Xi Jinping’s crackdown on corruption, a broad campaign that has felled officials at all levels of government including many of Xi’s top political opponents.
Environment
06.16.16Can Cement Clean Up Its Act?
from chinadialogue
Cement is the most widely used substance on the planet after water. It is also one of the most polluting—producing between 5-8 percent of global greenhouse gas emissions, more than twice that attributed to aviation. Cement’s carbon footprint...
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06.16.16Alibaba Faces Backlash Over Promises on Counterfeits
Wall Street Journal
E-commerce giant has said it would spare no expense in cracking down on sellers of fake goods on its sites; Ma’s latest comments irk brands.
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06.16.16China Business Climate Draws Fire From U.S. Treasury Secretary
Wall Street Journal
U.S. Treasury Secretary Jacob Lew says “high-standard bilateral investment treaty” would strengthen climate for U.S. businesses in China.
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06.16.16Liverpool Takeover: State-Backed Chinese Group Want to Buy Club From Fenway For £700m
Independent
The group, SinoFortone, has already explored the potential of building a new stadium in the dockland area of Liverpool.
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06.16.16Uber Rival’s $28 Billion Valuation Shows Size of China’s Ride-Sharing Market
New York Times
Recent fund-raising rounds in the ride-sharing market show that China is one of the most expensive markets in the world.
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06.16.16Disney's China Fairytale Begins With $5.5 Billion Park Opening
Reuters
The park is a bet on China's middle class and booming domestic tourism.
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06.15.16Disney CEO Iger Says China Has ‘Incredible Potential’
ABC
The 5.5 billion dollar theme park is designed to be “distinctly Chinese”.....
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06.15.16Didi Chuxing, China’s Rival to Uber, Scores $7 Billion in New Funding
Wall Street Journal
The nation’s biggest ride sharing company succeeds in latest fundraising effort....