Viewpoint
03.05.24
Studying in China May Have Gotten Harder for Americans, But We Shouldn’t Stop Trying
The U.S.-China relationship is the most important bilateral relationship in the world, but it is at its worst point since President Richard Nixon visited in 1972—more than 50 years ago. Getting the relationship right is not easy, but getting it...
Viewpoint
02.02.24
New Security Measures Curtailing the Study of China Alarm Educators
Late last year, The New York Times reported on a new state-level bill in Florida that was creating unintended consequences for prospective Chinese graduate students. The bill restricts universities from accepting grants from or participating in...
Viewpoint
01.26.23
What Impact Would a U.S. Debt Default Have on China?
The big political drama in Washington in the next few months will be the fight over the federal debt ceiling. The worst-case scenario is that Congress refuses to raise the ceiling and the U.S. Treasury defaults on its debt. Since U.S. treasury debt...
Conversation
09.13.19
Why Is the FBI Investigating Americans Who Study in China?
Over the last two years, the FBI has questioned at least five U.S. citizens who have studied at Yenching Academy, a Master’s degree program hosted by Peking University. The purpose of the interviews, according to NPR, is to “ascertain whether they...
ChinaFile Recommends
01.11.18China just reminded the United States that Beijing is its banker
CNBC
U.S. bonds sold off on Wednesday — and that may have been the point.
ChinaFile Recommends
08.16.17Exclusive: China's Belt and Road Acquisitions Surge despite Outbound Capital Crackdown
Reuters
Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China’s acquisitive conglomerates to restrict capital outflows.
ChinaFile Recommends
08.16.17China Reclaims Spot as World's Biggest Holder of Treasuries
Bloomberg
China reclaimed its position as the top foreign owner of U.S. Treasuries after increasing its holdings for the fifth straight month.China’s holdings of U.S. bonds, notes and bills rose to $1.15 trillion in June, up $44.3 billion from a month earlier...
Caixin Media
06.05.17
China to Boost Checks on Overseas Spending
China is stepping up supervision of the use of bank cards overseas, a move the foreign-exchange regulator says is needed to fight money laundering, terrorist financing, and tax evasion.Starting September 1, banks will be required to report on a...
ChinaFile Recommends
02.07.17ChinaFile Recommends
02.06.17China’s Forex Reserves May Beat Expectations: Analyst
CNBC
China’s foreign-exchange reserves data for January, due on Tuesday, may surprise on the upside after a long downtrend, an analyst said.
ChinaFile Recommends
05.16.16China Challenged to Keep Yuan Stable as Dollar Rises
Wall Street Journal
PBOC must support growth while keeping currency valuable enough to stem flood of wealth abroad.
Media
02.22.16
Leave China, Study in America, Find Jesus
Shelly Cai was 18 years old when she left the southern Chinese metropolis of Nanjing to enroll in the University of Wisconsin-Madison. In August 2010, after a 13-hour flight from Shanghai to Chicago and a three-hour bus ride, Cai finally arrived in...
ChinaFile Recommends
11.27.15Top 10 China Dependent Countries
Forbes
A list of the top 10 countries exporting to China and the year-to-date performance of their corresponding exchange traded funds.
Media
11.18.15
Chinese Students in America: 300,000 and Counting
In 1981, when Erhfei Liu entered Brandeis University as an undergraduate, he was only the second student from mainland China in the school’s history. “I was a rare animal from Red China,” Liu said in a September 1 interview with Foreign Policy, “an...
ChinaFile Recommends
02.11.14Conspiracy Theories Abound About China’s Gold Purchases
South China Morning Post
Huge imports of gold have fueled speculation about the mainland’s intentions, including an alleged bid to launch a global monetary system.
Caixin Media
06.03.13
Trading Companies and the Business of Illusion
Last year, the owner of an export-processing company whom we will call Lin Minyao learned of an easy way to make money in Shenzhen, the port city next to Hong Kong.Like his fellow traders, Lin said he could set up two shell companies, one in Hong...
Conversation
03.01.13
Is America’s Door Really Open to China’s Investment?
Daniel Rosen:There have not been many new topics in U.S.-China economic relations over the past decade: the trade balance, offshoring of jobs, Chinese holding of U.S. government debt, whether China’s currency is undervalued and intellectual property...
Reports
02.20.12
China’s Banking System: Issues for Congress
Peony Lui
Congressional Research Service
China’s banking system has been gradually transformed from a centralized, government-owned, and government-controlled provider of loans into an increasingly competitive market in which different types of banks, including several U.S. banks, strive...