ChinaFile Recommends
01.13.17Ambassador to China Shares Lessons Learned with the Next Administration
NPR
Democrat Max Baucus, the U.S. ambassador to China since 2014, is preparing to hand over the post to his successor. He discusses the future of the U.S.-China relationship.
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
01.12.17Obama Takes Parting Shot at China with WTO Aluminium Case
Financial Times
U.S. is challenging Beijing’s financing of its industries with low-cost loans
ChinaFile Recommends
01.12.17China Banks Extend Record 12.65 Trillion Yuan in Loans in 2016 as Debt Worries Mount
Reuters
China’s banks extended a record 12.56 trillion yuan ($1.82 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target
Books
01.11.17Taiwan’s China Dilemma
China and Taiwan share one of the world’s most complex international relationships. Although similar cultures and economic interests have promoted an explosion of economic ties between them since the late 1980s, these ties have not led to an improved political relationship, let alone progress toward the unification that both governments once claimed to seek. In addition, Taiwan’s recent Sunflower Movement succeeded in obstructing deeper economic ties with China. Why has Taiwan’s policy toward China been so inconsistent?Taiwan’s China Dilemma explains the divergence between the development of economic and political relations across the Taiwan Strait through the interplay of national identity and economic interests. Using primary sources, opinion surveys, and interviews with Taiwanese opinion leaders, Syaru Shirley Lin paints a vivid picture of one of the most unsettled and dangerous relationships in the contemporary world, and illustrates the growing backlash against economic liberalization and regional economic integration around the world. —Stanford University Press{chop}
ChinaFile Recommends
01.11.17China Delegation Reportedly Open to Meeting Trump’s Team at Davos
CNBC
China’s President Xi Jinping’s delegation to the World Economic Forum to be held in Davos next week is open to a meeting with President-elect Donald Trump’s team
ChinaFile Recommends
01.11.17China’s Money, China’s Blue Helmets for Africa
Deutsche Welle
It’s not just about raw materials anymore. China’s expanding influence in Africa poses risks to European interests, but it offers opportunities as well.
ChinaFile Recommends
01.11.17How China’s Pink Economy Is Leading the Country’s Battle for LGBT Rights
Fortune
China’s burgeoning LGBT community—estimated at some 70 million people—is a free-spending sector that few businesses can afford to ignore.
The China Africa Project
01.10.172016 China-Africa Year in Review
After years of relatively trouble-free development, 2016 marked a turning point in the China-Africa relationship, amid turbulent changes in the global economic and political order. China increased its deployment of combat troops to the continent,...
Conversation
01.10.17Can Beijing’s Ivory Ban Save the Elephants?
On New Year’s Eve, Beijing announced it will ban the ivory trade in China, potentially shutting down the world’s biggest ivory market. Why did Beijing decide to curb the ivory trade? Will it put enough muscle behind it to enforce the decision? What...
ChinaFile Recommends
01.10.17China Probes Bitcoin Exchanges amid Capital Flight Fears
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.
ChinaFile Recommends
01.09.17China’s Elite Bodyguards Are Struggling to Find Enough Rich People to Protect
Time
Training bodyguards has been big business in China for years. Now, however, a slowing economy and an anti-corruption drive are putting the brakes on the private security industry
ChinaFile Recommends
01.09.17China’s New Silk Road Is Getting Muddy
Foreign Policy
With the future of U.S.-China relations an open question for the incoming Donald Trump administration, many have focused on whether the president-elect’s promise to withdraw from negotiations over the Trans-Pacific Partnership (TPP) will enhance...
ChinaFile Recommends
01.09.17McDonald’s China Operations to Be Sold to Locally Led Consortium
New York Times
McDonald’s said on Monday that it would sell its businesses in mainland China and Hong Kong for $2.08 billion to Citic, a state-owned conglomerate, and the Carlyle Group, a private equity firm.
ChinaFile Recommends
01.06.17China to Plow $361 Billion into Renewable Fuel by 2020
Reuters
China will plow 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country's energy agency said on Thursday, as the world's largest energy market continues to shift away from dirty coal power towards cleaner...
ChinaFile Recommends
01.06.17How a China Crackdown Caused Bitcoin’s Price to Plunge
Fortune
The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20% against the dollar by midday Eastern Time in only two hours of frantic trading.
ChinaFile Recommends
01.05.17China, Seeking to Stop Weakening of Currency, Issues Restrictions
New York Times
China’s financial regulators appear to have grown increasingly concerned in recent weeks about the pace of the renminbi’s depreciation
ChinaFile Recommends
01.05.17How Chinese Entrepreneurs Can Help Trump ‘Make America Great Again’
South China Morning Post
Edward Tse says Chinese investment and job creation are just what the US economy needs to sharpen its edge, not isolationism and trade wars
Books
01.04.17The Oxford Illustrated History of Modern China
This lavishly illustrated volume explores the history of China during a period of dramatic shifts and surprising transformations, from the founding of the Qing Dynasty (1644-1912) through to the present day.The Oxford Illustrated History of Modern China promises to be essential reading for anyone who wants to understand this rising superpower on the verge of what promises to be the “Chinese century,” introducing readers to important but often overlooked events in China’s past, such as the bloody Taiping Civil War (1850-1864), which had a death toll far higher than the roughly contemporaneous American Civil War. It also helps readers see more familiar landmarks in Chinese history in new ways, such as the Opium War (1839-1842), the Boxer Uprising of 1900, the rise to power of the Chinese Communist Party in 1949, and the Tiananmen protests and Beijing Massacre of 1989.This is one of the first major efforts—and in many ways the most ambitious to date—to come to terms with the broad sweep of modern Chinese history, taking readers from the origins of modern China right up through the dramatic events of the last few years (the Beijing Games, the financial crisis, and China’s rise to global economic pre-eminence) which have so fundamentally altered Western views of China and China’s place in the world. —Oxford University Press{chop}
ChinaFile Recommends
01.04.17China Inc.’s Large Dollar Debts Fuel Beijing’s Efforts to Curb Yuan Plunge
Wall Street Journal
The large pile of foreign debt owed by Chinese companies, from state-owned banks to airlines, is giving added impetus to Beijing’s efforts to keep the yuan from falling too steeply against the rallying dollar.
ChinaFile Recommends
01.04.17Obama Got Tough on China. It Cost U.S. Jobs and Raised Prices
CNN
Protect American jobs by getting tough on China. That's the underlying idea behind President-elect Donald Trump's threat of a 45% tariff against China as a ploy to bring jobs back to America. Before pursuing that strategy, however, Trump...
ChinaFile Recommends
01.03.17First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade
Bloomberg
China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe.
ChinaFile Recommends
01.03.17Chinese Access to U.S. Semiconductor Industry May Be Curbed
Wall Street Journal
The Obama administration is finalizing a study that could lead to restrictions on Chinese investment in the U.S. semiconductor sector.
ChinaFile Recommends
01.02.17China Should Set More Flexible GDP Growth Target in 2017: Central Bank Adviser
Reuters
China should set a more flexible economic growth target this year to create more room for reforms, a central bank adviser told the official Xinhua news agency, suggesting a range of 6.0 to 7.0 percent versus 6.5 to 7.0 percent in 2016. China has...
ChinaFile Recommends
01.02.17Twitter China Chief Kathy Chen Departs
Wall Street Journal
Twitter Inc.’s controversial China chief has departed after only eight months, the latest executive to leave amid a global reorganization. A stream of executives has left the company since it announced layoffs in October amid continued losses...
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...
Conversation
12.30.16Rex Tillerson at State: What Will He Mean for U.S.-China Relations?
On December 13, President-elect Donald Trump’s transition team announced the selection of ExxonMobil Chief Executive Rex Tillerson as Secretary of State. We asked ChinaFile contributors to respond to the choice with a specific focus on how Tillerson...
ChinaFile Recommends
12.30.16A Good Year for Xi Jinping— But Trouble is Heading His Way
Guardian
After domestic victories in 2016, China’s president must deal with a worsening economy and Trump in the White House
ChinaFile Recommends
12.30.16China Builds Out the Air as Frustrations Mount Below
New York Times
An angry mob ransacks a terminal. A frustrated passenger tries to leave the plane while it taxis. China's air travel system isn't working.
ChinaFile Recommends
12.30.16China’s Film Fever Cools
Wall Street Journal
China’s highflying box office got a reality check in 2016, as cutbacks in discounted tickets led to a sharp decline in cinema-revenue growth
ChinaFile Recommends
12.30.16While the Rest of the World Retreats, China Expands Investments in Arab World
Huffington Post
As chaos consumes large portions of the region, Beijing is sending in cash
ChinaFile Recommends
12.29.16How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner
New York Times
A hidden bounty of benefits for Foxconn’s plant in Zhengzhou, the world’s biggest iPhone factory, is central to the production of Apple’s most profitable product
ChinaFile Recommends
12.29.16Postcard from Dandong: Politics and Pity on the Border of China and North Korea
Economist
The border between the two countries shows how drastically they have grown apart
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
12.27.16As China Pivots, Trump Risks Fighting an Old War
Wall Street Journal
Incoming U.S. administration highlights trade retaliation as Beijing shifts to a form of high-tech protectionism
ChinaFile Recommends
12.27.16China Resumes Ties with São Tomé, Which Turned Away from Taiwan
New York Times
Beijing suspended its relationship with São Tomé in 1997 after the African island nation established diplomatic ties with Taiwan
The China Africa Project
12.25.16China’s Risky Power Play in the Arab World
International Relations Professor Zaynab El Bernoussi from Al Akhawayn University in Ifrane, Morocco, joins Eric and Cobus this week to discuss her recent column on China’s growing influence in the Middle East and North Africa. Professor El...
ChinaFile Recommends
12.23.16Stoking Tensions with China
New York Times
No relationship is more vital to international stability than that between the United States and China, but now there are dangerous new uncertainties
ChinaFile Recommends
12.23.16The New Scramble for Africa: How China Became the Partner of Choice
Guardian
In 2014 alone China invested £56 billion in African infrastructure. But is this colonialism in another guise?
ChinaFile Recommends
12.22.16Taiwan’s President to Visit U.S. Despite Objections from China
Guardian
Planned trip causes speculation in Washington and Taiwan that Tsai Ing-wen may meet Donald Trump in person
ChinaFile Recommends
12.22.16China Weighs Response to New U.S. Trade Foe
Wall Street Journal
Beijing considers retaliatory steps after Trump appoints China trade skeptic Peter Navarro
ChinaFile Recommends
12.22.16The Trouble With Trumps Dangerous Instincts on China
New Yorker
The President-elect has shown that his instinct is to turn the world’s significant bilateral relationships into frighteningly spectacular reality TV
ChinaFile Recommends
12.22.16“Brutal, Amoral, Ruthless, Cheating”: How Trump’s New Trade Tsar Sees China
Guardian
Peter Navarro has been picked to lead US trade and industrial policy – a move that may upset Beijing
ChinaFile Recommends
12.22.16China’s Millennial Consumers: What Victoria’s Secret Got Wrong, and Nike Got Right
Forbes
Chinese millennials are conflicted between their national pride and their love for western brands
Conversation
12.21.16Did Oslo Kowtow to Beijing?
In 2010, the Oslo-appointed Nobel Peace Prize committee bestowed the honor on imprisoned Chinese dissident Liu Xiaobo. Furious with the selection of Liu, a human rights advocate, who is currently serving an 11-year prison sentence on spurious...
ChinaFile Recommends
12.21.16Bring Back Jobs from China? In Shenzhen, They Aren’t That Worried
Wall Street Journal
As Trump presses companies on U.S. manufacturing, the city that became the globalization poster child has learned to adapt to economic shifts
ChinaFile Recommends
12.21.16Step Inside China’s Hellish, Illicit Steel Factories
Wired
Kevin Frayer's photographs of illegal Chinese steel factories look like postcards from the dawn of the Industrial Revolution
ChinaFile Recommends
12.21.16These Three Major China Themes Will Be Pivotal in 2017
South China Morning Post
China’s economic growth target, the depreciation of the yuan and a looming change in several senior Communist Party positions will be important factors
China in the World Podcast
12.21.16China Rises to Challenge of Battling Climate Change
from Carnegie China
With the U.S. leadership role in the fight against climate change now being called into question, China has found itself in the unique position of being a global leader of the cause. In this podcast, nonresident Carnegie-Tsinghua scholar Wang Tao...
Books
12.20.16The Beautiful Country and the Middle Kingdom
From the clipper ships that ventured to Canton hauling cargos of American ginseng to swap for Chinese tea, to the U.S. warships facing off against China’s growing navy in the South China Sea, from the Yankee missionaries who brought Christianity and education to China, to the Chinese who built the American West, the United States and China have always been dramatically intertwined. For more than two centuries, American and Chinese statesmen, merchants, missionaries, and adventurers, men and women, have profoundly influenced the fate of these nations. While we tend to think of America’s ties with China as starting in 1972 with the visit of President Richard Nixon to China, the patterns—rapturous enchantment followed by angry disillusionment—were set in motion hundreds of years earlier.Drawing on personal letters, diaries, memoirs, government documents, and contemporary news reports, John Pomfret reconstructs the surprising, tragic, and marvelous ways Americans and Chinese have engaged with one another through the centuries. A fascinating and thrilling account, The Beautiful Country and the Middle Kingdom is also an indispensable book for understanding the most important—and often the most perplexing—relationship between any two countries in the world. —Henry Holt{chop}
ChinaFile Recommends
12.20.16Drone Diplomacy
Vice News
Trump's tweets at China over a drone are intensifying an already strained relationship
ChinaFile Recommends
12.20.16China Chokes on Smog So Bad that Planes Can't Land
USA Today
Major cities across northern China choked Monday under a blanket of smog so thick that industries were ordered shut down and air and ground traffic was disrupted
ChinaFile Recommends
12.20.16President Obama Says Donald Trump Should Deal Cautiously With Taiwan, China
Wall Street Journal
President warns successor to think through the consequences of his actions
ChinaFile Recommends
12.20.16Where Trump Does (and Doesn’t) Have Leverage with China
Harvard Business Review
Trump must keep his trade demands on Beijing specific and legitimate. The question is, does he have the discipline?
ChinaFile Recommends
12.20.16Trump Aide Plays Down Prospect of Upending 'One China' Policy
CNBC
Trump aide Reince Priebus: "We are not suggesting that we're revisiting 'one China' policy right now,"
ChinaFile Recommends
12.19.16Trump’s and Xi’s Differences Magnify Uncertainties Between U.S. and China
New York Times
Both came to power vowing to restore their nations to greatness...but that's where the similarities end
ChinaFile Recommends
12.19.16Heralding Social, Financial Change, China Aims Blow at Iron Rice Bowl
Reuters
China has ordered state firms to smash the decades-old system of providing cradle-to-grave welfare support, known as the country's "iron rice bowl"
ChinaFile Recommends
12.19.16As Trump Tweets, China Quietly Weights Options to Retaliate
Bloomberg
China’s leaders are biting their tongues as U.S. President-elect Trump uses Twitter to rattle relations between the world’s biggest economies
ChinaFile Recommends
12.16.16China Central Bank Extends Emergency Loans to Financial Firms
Wall Street Journal
Extends hundreds of billions of yuan in loans to ease liquidity crunch, continuing debt selloff