ChinaFile Recommends
01.12.18China's 2017 Exports Rose 7.9% in Dollar Terms — Imports Jumped 15.9%
CNBC
China reported a 7.9 percent jump in exports and 15.9 percent rise in imports — both in dollar terms — for 2017.
Conversation
01.10.18
Trump on China in 2018: Lover or Hater?
On December 28, 2017, Donald Trump told The New York Times “I like very much” China’s Communist Party Secretary Xi Jinping, adding, “He treated me better than anybody’s ever been treated in the history of China.” In the same interview, Trump also...
China in the World Podcast
01.09.18
What’s Next for Commercial Diplomacy with China?
from Carnegie China
As the chief commercial advocate for U.S. businesses in policymaking, the Department of Commerce plays a crucial role in the U.S.-China trade and economic relationship. In the 99th episode of the China in the World Podcast, Paul Haenle spoke with...
ChinaFile Recommends
01.08.18Africa Is Changing China as Much as China Is Changing Africa
Quartz
In African countries, increasingly you find Chinese people who never meant to stay as long as they have. But now, they say they can’t go home, because being in Africa has changed them.
ChinaFile Recommends
01.08.18Trump Is Reportedly Targeting China in Aggressive Trade Crackdown
CNBC
President Donald Trump will unveil plans for an aggressive trade crackdown over the coming weeks, according to a report by Politico.
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
01.08.18Bitcoin Miners Are Shifting outside China amid State Clampdown
Bloomberg
As China’s crackdown on cryptocurrencies broadens to bitcoin miners, some of the industry’s biggest players are shifting operations overseas.
ChinaFile Recommends
01.04.18China and the US ‘Are about to Ride a Bumpy Journey,’ State News Agency Says
CNBC
China warned of a “bumpy journey” in trade with the U.S. and “retaliatory measures” a day after Washington blocked MoneyGram's proposed sale to a financial services firm affiliated with Chinese tech giant Alibaba.
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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
01.04.18The China Trade War Has Already Begun: CEO Daily for January 4, 2018
Fortune
Gordon Orr, director emeritus of McKinsey and long-time China hand, wrote recently that many Chinese investors now “simply assume that they could not get approval for investment in the United States, and so won’t try.”
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01.04.18Http://abcnews.go.com/International/wireStory/Macron-Heading-China-Strengthen-Economic-Ties-52133070
ABC
French President Emmanuel Macron will head to China next week to strengthen commercial ties with the world's second-largest economy.
ChinaFile Recommends
01.04.18China Land Grab on Lake Baikal Raises Russian Ire
Financial Times
A sleepy tourist town on the shores of Siberia’s Lake Baikal has become an unlikely lightning rod among Russian nationalists after Chinese investors bought up properties on the town’s lakefront.
The China Africa Project
01.03.18
Industrial Parks Are Africa’s Latest Gamble to Lure Chinese Manufacturers
Freelance journalist William Davison joins Eric and Cobus to discuss his reporting from the Hawassa Industrial Park in Ethiopia, which is the latest high-stakes gamble taken by a number of African countries to lure Chinese manufacturers. Officials...
ChinaFile Recommends
12.27.17Geely Buys Stake in Volvo Trucks, despite China Restrictions
New York Times
China’s government has made it harder to move money overseas. It has said it would punish companies for investing in certain sectors. It has told firms to report all cross-border deals.
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12.27.17Trump Readies Tougher ‘America First’ Line for China Trade in 2018
Washington Post
The Trump administration is setting the stage to unveil tough new trade penalties against China early next year, moving closer to an oft-promised crackdown that some U.S. business executives fear will ignite a costly battle.
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12.27.17Huawei's China Smartphone Sales Chief Detained on Corruption Charges
South China Morning Post
A senior Huawei Technologies sales executive has been arrested over suspected “non-state staff bribery”, the Shenzhen-based company said in a statement on Wednesday.
ChinaFile Recommends
12.27.17Copper Rallies to Three-Year High as China Plant Halts Output
Bloomberg
Copper in London surged to the highest in almost four years after China ordered its top producer to halt output to combat winter pollution, fueling a rally this year driven by optimism about demand and supply disruptions at mines.
Photo Gallery
12.27.17
A Picture of China in 2017
“When I look back at 2017 in China, I see faces,” ChinaFile Visuals Editor Muyi Xiao says. “Some are ambitious, some are earnest, some are upset, some are lost, and some wear expressions I can’t put in words; their fates are intertwined with that of...
China in the World Podcast
12.22.17
Shifts in U.S. Global Leadership
from Carnegie China
Power in the world is increasingly being measured and exercised in economic terms with China, and other significant countries are already treating economic power as a core part of their statecraft. But Jake Sullivan, a former senior official in the...
ChinaFile Recommends
12.21.17Tech Titans Wage War in China's next Internet Revolution
Wall Street Journal
As Alibaba and Tencent do battle for supremacy, companies and consumers will be caught in the crossfire
ChinaFile Recommends
12.21.17China Is out of the 2018 Russia World Cup—but Its Businesses Are Not
Quartz
China is not sending a team to the 2018 Russia World Cup, to the dismay of fans. But the country’s businesses are not going to miss the world’s most popular sports event.
ChinaFile Recommends
12.21.17China Inflicted a World of Pain on South Korea in 2017
Quartz
Perhaps no other country felt the economic cost of China’s wrath as South Korea did this year.
ChinaFile Recommends
12.21.17What Happened on China's New Silk Road in 2017
Forbes
Year four of China’s Belt and Road Initiative (BRI) is now in the books.
ChinaFile Recommends
12.20.17China to USA: 'Stop Deliberately Distorting' Our Global Strategy
CNBC
China hit back at the U.S. after it branded the East Asian giant a competitor, accusing it of distorting the country's intentions and adopting a "Cold War" mentality.
ChinaFile Recommends
12.20.17China Shrugs off Debt Worries as Xi Takes Firmer Economic Grip
New York Times
It’s Xi Jinping’s economy now, and he isn’t too worried about debt.
Conversation
12.19.17
Trump’s National Security Strategy and China
On December 18, U.S. President Donald J. Trump announced the United States’ new national security strategy. He called China a “strategic competitor,” and, along with Russia, called it a “revisionist power.” Those two nations, Trump said, are...
ChinaFile Recommends
12.18.17China Property Price Growth Slows to 21-Month Low
Financial Times
Growth in the cost of new housing in China decelerated for a twelfth straight month in November, according to official figures, marking the slowest rise since early 2016.
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12.18.17China Plans to Kill Local Subsidies for Electric Cars
Bloomberg
The Ministry of Finance is working on a plan that would mandate authorities to phase out the incentives to discourage protectionism and help rein in state expenditure, people familiar with the matter said, asking not to be identified discussing...
ChinaFile Recommends
12.14.17Google Plans Big AI Push in China
Fortune
Google is expanding its artificial intelligence, or AI research to China.
ChinaFile Recommends
12.14.17What to Do about China's "Sharp Power"
Economist
WHEN a rising power challenges an incumbent one, war often follows.
Conversation
12.13.17
Is Chinese Investment Good for Workers?
China’s Belt and Road Initiative is a $1 trillion plan to deepen economic relations between itself and up to 60 other countries worldwide through large investments in infrastructure, construction, and other projects. Many commentators have...
ChinaFile Recommends
12.13.17Google to Open Beijing AI Center in Latest Expansion in China
Bloomberg
Google is deepening its push into China as it seeks an edge in one of technology’s most competitive fields: artificial intelligence.
The China Africa Project
12.08.17
China and the Rise of Africa’s New Autocrats
Anzetse Were is a Nairobi-based international development economist and newspaper columnist who is increasingly worried about a resurgence of autocratic rule in Africa. Buoyed by the United States’ apparent receding interest in promoting democratic...
ChinaFile Recommends
12.07.17China's Debt Levels Pose Stability Risk, Says IMF
Guardian
Fears that China risks being the cause of a fresh global financial crisis have been highlighted by the International Monetary Fund in a hard-hitting warning about the growing debt-dependency of the world’s second biggest economy.
ChinaFile Recommends
12.07.17Why China's GDP Growth Rate Tells Us Nothing about Its Economy
Fortune
China clocked in GDP growth of 6.9% in the first three quarters of 2017, and is set to end the year at 6.8%. But Peking University finance professor Michael Pettis believes that the figure is no indication of the actual state of the Chinese economy.
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12.06.17China Will Lead an Electric Car Future, Ford's Chairman Says
New York Times
The world’s automakers are just starting to bet on an electric car future — and already, one of the most powerful people in the industry says that future belongs to China.
ChinaFile Recommends
12.06.17Trump Wasn’t Soft with Xi Jinping on Trade Gap, Says US Ambassador to China
CNBC
The U.S. ambassador to China has defended President Donald Trump’s stance towards the Asian nation during his recent visit, amid criticism that the U.S president was too soft on trade imbalances between the two superpowers.
ChinaFile Recommends
12.06.17Will Tech Firms Challenge China’s ‘Open’ Internet?
BBC
China has been smart and ruthless in its control of the internet within its borders. It blocks some foreign sites altogether and it censors - heavily - what Chinese are allowed to see.
ChinaFile Recommends
12.06.17China’s Drive for Cleaner Energy Is Causing a Gas Shortage for Winter
CNBC
China's push to clean up its environment may have had an unintended consequence: a shortage of heating fuel supply is hitting some regions in the dead of winter, sending prices of domestic liquefied natural gas (LNG) to a three-year high.
ChinaFile Recommends
12.05.17China Will Lead an Electric Car Future, Ford's Chairman Says
New York Times
Speaking in Shanghai, William C. Ford Jr., Ford Motor’s longtime executive chairman, outlined why in an unusually blunt comment. “When I think of where E.V.s are going,” he said, using an abbreviation for electric vehicles, “it’s clearly the case...
ChinaFile Recommends
12.05.17The Underclass That Threatens Xi's 'China Dream'
Wall Street Journal
Beijing’s mass evictions of migrants cast a chill over Xi’s lofty equality goals.
ChinaFile Recommends
12.04.17Special Report: Hidden Peril Awaits China’s Banks as Property Binge Fuels Mortgage Fraud Frenzy
Reuters
While property prices in China continue to rise, mortgage fraud remains largely a hidden danger, much as subprime loans in the United States remained mostly out of sight ahead of the 2008 global financial crisis.
ChinaFile Recommends
12.04.17Free Trade Talks with China Will Not yet Begin
CBC News
Canada will not begin formal free trade talks with China — at least not yet.
ChinaFile Recommends
12.04.17China in Pole Position amid 'Desperate' Global Race to Secure Lithium Supplies
CNBC
China is outpacing the U.S. and other countries in a global race to secure supplies of an all-important element for electric cars.
ChinaFile Recommends
12.01.17Trump's First Major Trade Fight with China Could Be over Solar Panels
New York Times
With President Trump vowing to get tougher on trade, troubled American makers of everything from steel tubing and aluminum foil to washing machines have lined up to ask Washington for protection from foreign rivals.
ChinaFile Recommends
11.30.17U.S. Seeks to Deny China Market Economy Status in WTO
Financial Times
The Trump administration has opposed China’s bid for recognition as a “market economy” in the World Trade Organization, citing decades of legal precedent and what it sees as signs the country is moving in the opposite direction under Xi Jinping.
ChinaFile Recommends
11.30.17Chinese Manufacturing Expanded More Than Expected in November
CNBC
China reported on Thursday that factory activity expanded at a quicker pace in November, with the official manufacturing Purchasing Managers' Index coming in at 51.8 — topping expectations.
ChinaFile Recommends
11.29.17Trump Starts Probe into Aluminum That China Calls Protectionist
Bloomberg
The Trump administration, invoking powers the U.S. hasn’t used in more than a quarter century, began a probe into Chinese aluminum imports that could lead to tariffs.
ChinaFile Recommends
11.29.17Chinese Stocks Are Beginning to Show 'Cracks.' Here's What It Means
CNBC
China’s stock market has been steadily rising all year, but according to one technician the charts are beginning to show signs of weakness.
ChinaFile Recommends
11.29.17China Fintech Lending Boom Fuels Risks of Data Theft Black Market in User Details Thrives as Apps Require Borrowers to Grant Access to Phones
Financial Times
The rise of online consumer loans in China has spawned a thriving black market in stolen user data.
ChinaFile Recommends
11.28.17Xi Jinping Makes China’s Toilets a Number Two Priority
Guardian
Chinese urged to ‘Advance the Toilet Revolution Steadily’ and do away with squalid communal facilities as a national imperative.
ChinaFile Recommends
11.27.17Chinese Premier Backs More Investments in Eastern Europe
ABC
At a summit of 16 countries in the Hungarian capital, Premier Li Keqiang said efforts such as China’s “new Silk Road” initiative to expand trade across Asia, Africa and Europe, should be a boon to the countries that were formally part of the...
ChinaFile Recommends
11.27.17Chinese Premier Backs More Investments in Eastern Europe
At a summit of 16 countries in the Hungarian capital, Premier Li Keqiang said efforts such as China’s “new Silk Road” initiative to expand trade across Asia, Africa and Europe, should be a boon to the countries that were formally part of the...
ChinaFile Recommends
11.27.17Early China Indicators Signal That Economy Cooled This Month
Bloomberg
Confidence among China’s sales managers and steel producers waned in November, matching the mood among international investors, while sentiment among small businesses improved, according to the earliest available indicators.
ChinaFile Recommends
11.27.17Business Is Booming Between China, Japan and South Korea — the US Should Get in on It
CNBC
China, Japan and South Korea account for a quarter of the world’s output of goods and services. Their combined trade surplus is currently running at an annual rate of $400 billion. They can recycle that trade income to finance, with interest, most...
ChinaFile Recommends
11.22.17Air China Indefinitely Suspends Flights between Beijing and Pyongyang
Reuters
Air China Ltd has indefinitely suspended flights between Beijing and Pyongyang, citing poor demand as North Korea faces growing sanctions from the United States over its nuclear weapons and missile programs.
The China Africa Project
11.21.17
A New Generation Looks at the China-Africa Relationship
Independent filmmakers Jidi Guo and Philip Man join Eric and Cobus to discuss their new documentary about how a new generation is responding to China’s growing influence in Kenya. This is the first documentary produced by the Shanghai-based pair,...
ChinaFile Recommends
11.21.17China to Fend off Bubble Risk with Tighter Property Rules
CNBC
The authorities said they would stop funds being illegally funneled into property and that capital flow would be more forcibly balanced between real estate and other industries.
ChinaFile Recommends
11.21.17Chinese Social Media Giant Is Worth More Than Facebook
CNN
Tencent shares closed more than 2% higher in Hong Kong on Tuesday, valuing the social media and gaming giant at around $522 billion, according to FactSet. Facebook is currently worth a little over $519 billion.
ChinaFile Recommends
11.21.17China's Revealing Spin on the ‘Sharing Economy’
New York Times
China is the first country to frame “sharing economy” as a “national priority.” It fits with the image that Beijing wants to project: warm, generous, egalitarian.