ChinaFile Recommends
06.23.14Bangladesh Woos China in Snub to West
Al Jazeera
India is likely to be watching closely as Sheikh Hasina bolsters ties with Beijing to repair dented legitimacy.
ChinaFile Recommends
06.23.14Bangladesh Woos China in Snub to West
Al Jazeera
India is likely to be watching closely as Sheikh Hasina bolsters ties with Beijing to repair dented legitimacy.
ChinaFile Recommends
06.23.14China Threat: Air-Sea Battle vs. Offshore Control?
Defense News
There are doubts in Washington that a US president would ever approve the bombing of China. This notion demonstrates that the Pentagon’s Air-Sea Battle operational concept is seriously flawed, said T.X. Hammes, a senior researcher at the department’...
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06.23.14China’s Henan Province Creating Jobs in US Hinterlands
Associated Press
Henan's Golden Dragon Precise Copper Tube Group opened a plant that will employ more than 300 in a county known less for job opportunities than for lakes filled with bass, pine forests rich with wild turkey and boar.
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06.22.14Young Men Who Are Anything Short Of Wealthy In Urban China Face Brutal Girlfriend Reality
Business Insider
China has at least more than 30 million more men than women. As a result, finding a girlfriend there is extremely difficult.
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06.21.14A Showdown Looms
Economist
Hong Kong, China’s most prosperous city, is becoming dangerously polarized.
Caixin Media
06.18.14China’s Retiring Migrant Workers Have No Place to Call Home
A generation of Chinese people from rural areas who moved to the big cities to find work is reaching retirement age, but many are finding they have been left outside the country's urban pension system despite extensive reforms in recent years...
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06.17.14Foreign Direct Investment in China Declines
Wall Street Journal
Foreign firms worry over arbitrary law enforcement, rising labor costs.
ChinaFile Recommends
06.13.14Data Show Mixed Picture of China’s Economy
Wall Street Journal
China’s economy is struggling to find equilibrium, data released Friday shows, with government stimulus measures gaining traction last month while the vital housing market continues its swoon.
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06.12.14China’s Top Taiwan Official to Make First Visit to Island
Reuters
China’s top official in charge of relations with Taiwan will make his first visit to the island later this month, state media said, following large-scale protests there against a controversial trade pact.
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06.10.14The World Cup: Brought to You by One of China's Greenest Corporations
Global Post
Yingli's got solar panels, and Latin America's got sun. Hey, perfect match.
ChinaFile Recommends
06.10.14China Now Has More Millionaires Than Any Country but the U.S.
Wall Street Journal
China had 2,378,000 millionaire households in 2013, a rise of 82% from the previous year and almost double the 1,240,000 millionaire households in Japan, according to the Boston Consulting Group Global Wealth 2014 report unveiled on Tuesday.
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06.10.14China Auto Sales Rise But Domestic Brands Lag
Sacramento Bee
Sales in the world's biggest auto market accelerated in May but domestic Chinese brands lagged and their market share shrank, an industry group reported Tuesday.
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06.10.14China’s Real Estate Downturn Spells Trouble for Global Economy
Time
The world's largest trading nation's economic growth remains heavily dependent on property, meaning a sharp downturn in that sector would be felt across Asia and beyond.
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06.10.14How “Rogue” Is China's Aid?
Washington Post
Moisés Naím has called Chinese development assistance “rogue aid,” claiming that it is nondemocratic and harmful to progress and to average citizens.
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06.09.14Commentary: China, India Strategic Partners, not Rivals
Xinhua
China and India have had more high level exchange this past year than in nearly 60 years because they know common development can only be achieved through a strategic cooperative partnership.
The China Africa Project
06.09.14Sino-African Marriages in China: ‘Til Death Do Us Part’?
A marriage boom of sorts is underway in China, where a growing number of African men are tying the knot with Chinese women. While these new families are breaking long-held cultural stereotypes, they are also confronting a whole set of new challenges...
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06.06.14Iowa Signs Historical Cooperation Agreement With China
Des Moines Register
Iowa’s economic ties with China deepened Thursday as the state signed a cooperation agreement with the Ministry of Commerce of the world’s second-largest economy.
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06.04.14As China Booms, So Does Popular Unrest
CBS News
In the quarter-century since the crackdown in Beijing's Tiananmen Square, China's economy has thrived and presented the world with an historic milestone. But at what cost to its people?
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06.03.14Finally, One Analyst Believes China Is Improving
Forbes
In recent years, an upbeat note on the Chinese economy has been hard to find. Step forward Nomura, which on June 3 raised its GDP forecast for the second quarter from 7.1% to 7.4% and its full year forecast from 7.4% to 7.5%.
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06.03.14China Swaps Gusto for Rigor as It Learns From Africa
Bloomberg
Cowed by capricious commodity prices, political instability and a string of lost investments, Chinese financiers aren’t as gutsy as when state-owned giants whipped up business abroad 15 years ago.
Reports
06.01.14Decoding China’s Emerging “Great Power” Strategy in Asia
Center for Strategic and International Studies (CSIS)
The course charted by China’s reemergence as a great power over the next few decades represents the primary strategic challenge for the U.S.-Japan security alliance and for the East Asian security landscape writ large. If China’s economic, military...
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05.30.14China’s Culture of Compliance Is Crippling the Country
Time
This year, China will very likely overtake the U.S. as the world’s largest economy. It has certainly become wealthy. But it has also become less free.
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05.30.14Obama Says the U.S. Will Lead the World for the Next 100 Years. China Disagrees.
Washington Post
The Global Times, China’s state-run nationalist-leaning newspaper, later challenged that view, asking, “America wants to lead the world for another 100 years, but with what?”
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05.29.14First Rule of Chinese Tourism: Give Them What They Want
CNN
As the global travel industry rolls out the welcome mat for China's surge of outbound tourists, it should consider tipping the scales in their customers' favor.
Features
05.29.14Why Defenders of Killer Whales Are Worried About China
Late last year, the circus came to Hengqin. Trained elephants from Thailand, Russian jugglers and monkies, Kazakh horses, Bengal tigers, and Cuban acrobats descended on the once-sleepy island near Macau for China’s “First International Circus...
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05.29.14India’s Modi and China’s Xi: Frenemies, or Just Plain Enemies?
Time
With two nationalists in power, relations between the world’s two most populous nations could turn even frostier.
The China Africa Project
05.27.14China’s New Diplomatic Strategy in Africa: Humility
Just a few weeks after Chinese premier Li Keqiang admitted that China was going through “growing pains” in its engagement with Africa, Beijing’s central bank chief, Zhou Xiaochuan, acknowledged some of the 2,500 PRC companies operating in Africa are...
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05.23.14US Wins WTO Luxury Car Ruling Against China
BBC
The World Trade Organization found no basis for duties that China imposed on saloons and off-road vehicles between 2011 and 2013 in retaliation for US trade policies.
Books
05.22.14Age of Ambition
From abroad, we often see China as a caricature: a nation of pragmatic plutocrats and ruthlessly dedicated students destined to rule the global economy—or an addled Goliath, riddled with corruption and on the edge of stagnation. What we don’t see is how both powerful and ordinary people are remaking their lives as their country dramatically changes.As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party’s struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals—fluent in English and devoted to Western pop culture—consider themselves “angry youth,” dedicated to resisting the West’s influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth?Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail. —Farrar, Straus, and Giroux {chop}
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05.21.14Ex JPMorgan China banker questioned in HK
Financial Times
Hong Kong authorities have interviewed Fang Fang, JPMorgan Chase’s former head of investment banking in China, as they investigate government bribery allegations.
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05.21.14Russia Signs 30-Year Gas Deal with China
BBC
Russia's President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China, 10 years in the making, and worth some $400 billion.
Viewpoint
05.16.14Government Steps Up To Labor’s Demands
On April 14, most of the 40,000 workers at the Dongguan Yue Yuen shoe factory—supplier to Nike, Adidas, and other international brands—began what would become a two-week work stoppage. While there are thousands of strikes in China every year, the...
Environment
05.15.14Anti-Chinese Sentiment on Rise in Myanmar
from chinadialogue
The Shwe pipeline shaves an angry bald strip across the red clay hills and disappears into the morning mist. A sign hanging above an area cordoned off by bamboo fencing warns in English, “Severe punishment on pipeline destruction.”“Families were...
Infographics
05.15.14China’s Fake Urbanization
from Sohu
This infographic explains why it is so hard for rural migrants to settle permanently in cities. For starters, city dwellers were the first to get rich after Reform and Opening Up, which created a large income disparity between them and people living...
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05.15.14The Growing Allure of Designed-in-China Fashions
Businessweek
Guo Pei, a couture designer based in Beijing, says she’s seeing increased demand for custom-made gowns as Chinese performers and socialites have more formal occasions to attend.
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05.14.14China Inc. Moves Factory Floor to Africa
Wall Street Journal
Faced with rising labor costs at home and negative perceptions about their employment practices in Africa, Chinese companies are setting up new factories on the continent and hiring more Africans.
Media
05.13.14Why Are There No Credit Scores in China?
Few would dispute that Chinese society suffers from a serious trust problem. After surviving crafty scams and shoddy products for years, Chinese people have become guarded with strangers and cautious in business dealings. Given all that, it would be...
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05.13.14China Isn’t Overtaking America
New York Times
Twenty-first century rivalry between the United States and China will be as much about economic might as military power.
ChinaFile Recommends
05.13.14State Sector is China’s Secret Sauce
South China Morning Post
The state sector has provided essential organization, capital and the ability to survive turbulence collectively. That’s the Chinese edge, like it or not.
ChinaFile Recommends
05.13.14China Real Estate Falls Back to Earth
New York Times
One of the world’s longest-running bull markets finally seems to be stalling, with broad consequences for China’s economy and possibly its politics as well.
ChinaFile Recommends
05.12.14China to Build Railway Linking East Africa
Agence France-Presse
Leaders agree $3.8bn project to link Kenya's port of Mombasa to neighboring Uganda, Rwanda, Burundi and South Sudan.
ChinaFile Recommends
05.12.14Mapping the Four C's of Chinese Wealth
Live in a city near China's coast, and in a capital. (Coal doesn't hurt.)
ChinaFile Recommends
05.11.14Follow the Money, China-Style
New York Times
The appreciation of the yuan has failed to convince ordinary Chinese people that their money buys more; on the contrary, they feel it’s worth less.
Conversation
05.09.14The China-Vietnam Standoff: How Will It End?
Daniel Kliman:Five thousand miles from Ukraine, off the coast of Vietnam, China is taking a page from Russian leader Vladimir Putin’s playbook. Beijing’s recent placement of a huge oil drilling rig in disputed waters in the South China Sea leverages...
Media
05.08.14The Chinese Are Coming! (And That’s OK)
On April 29, the United States Chamber of Commerce, a U.S. lobbying group, announced that Chinese investment in the United States surpassed U.S. investment in China for the first time. The news has been a long time in coming: Over the past decade,...
The NYRB China Archive
05.08.14The China Challenge
from New York Review of Books
In 1890, an undistinguished U.S. Navy captain published a book that would influence generations of strategists. Alfred Thayer Mahan’s The Influence of Sea Power Upon History, 1660–1783 posited that great nations need potent, blue-water navies backed...
Conversation
05.07.14How is China Doing in Africa?
On his current weeklong tour of Ethiopia, Nigeria, Angola, and Kenya, Premier Li Keqiang announced a new $12 billion aid package intended to address China’s “growing pains” in Africa. China is by turns lauded for bringing development to the...
Caixin Media
05.06.14Growing Pains for a Megalopolis in Transition
Twenty years of on-and-off government discussions have yielded little progress toward the goal of coordinating urban and industrial development in a key Chinese megalopolis—the region encompassing the nation's capital Beijing, neighboring Hebei...
Media
05.06.14Chinese to the World: Ignore Our GDP
The U.S.-based World Bank grabbed everybody’s attention by announcing that China was poised to displace the United States as the world’s largest economy based on purchasing power. But a survey of the Chinese web shows people at home aren’t buying it...
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05.04.14China's 'Ordinary' Billionaire Behind Grand Nicaragua Canal Plan
Reuters
Wang Jing, the businessman behind Nicaragua's $50 billion Interoceanic Grand Canal, insistis he's not an agent of the Beijing government.
ChinaFile Recommends
05.04.14Why India Will Soon Outpace China
Forbes
India’s decentralized, often chaotic economic model has been seen as inferior to China’s authoritarian, top-down model. A reappraisal of that view may soon be in order.
ChinaFile Recommends
05.04.14China's Half-Year Report Card on Economic Reform: Slow, Safe and Steady
Reuters
Incremental steps promise to reach enough critical mass to sustain reform momentum and help the world's second-largest economy shift down fairly smoothly after decades of red-hot growth.
Infographics
05.02.14The ‘Nongmin’ Breakdown
from Sohu
Who are China's rural migrant workers?A uniquely Chinese social identity, the category of “rural migrant worker” is a product of China’s urban/rural dichotomy. It refers to a class of citizens no longer employed in the agricultural sector who...
Conversation
04.30.14Will China’s Economy Be #1 by Dec. 31? (And Does it Matter?)
On April 30, data released by the United Nations International Comparison Program showed China’s estimated 2011 purchasing power parity (PPP) exchange rate was twenty percent higher than was estimated in 2005. What does this mean? China's...
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04.29.14China’s Income Inequality Surpasses U.S., Posing Risk for President Xi Jinping,
Bloomberg
The income gap between the rich and poor in China has surpassed that of the U.S. and is among the widest in the world, a report showed, adding to the challenges for President Xi Jinping as growth slows.
Media
04.28.14A Guide to Social Class in Modern China
Class is a sensitive word in China. Marxist-Leninist rhetoric like “class enemies,” “class conflict,” and “class struggle” are rarely seen in the country’s media these days, but since China began its market reforms in 1979, stratification has...
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04.28.14Bill Gates Urges China’s Wealthiest to Give to Charity...Again
Guardian
Businessman makes plea in People's Daily for country to improve bad philanthropic record by investing in the poor.
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04.25.14Alibaba Works Magic for China's Taobao 'Treasure Hunters'
USA Today
Alibaba's eBay-like marketplace Taobao allows budding entrepreneurs to set up and run an online store, for free. The site has steven million sellers offering hundreds of millions of items.
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04.25.14The Chinese Take Manhattan: Replace Russians as Top Apartment Buyers
Reuters
Many Chinese buyers are switching their interest away from markets like Shanghai, Hong Kong and Singapore amid fears that prices have soared to frothy levels in those cities.