China’s Shift to a More Assertive Foreign Policy

Paul Haenle & Shi Yinhong from Carnegie-Tsinghua Center for Global Policy
Shi points to two important turning points in China’s shift to a more assertive foreign policy: the 2008 global financial crisis, which made it clear that China’s economic development was an important engine for global growth; and Xi Jinping’s rise...

China’s Economy is Slowing and That’s Really Bad News for Africa

Eric Olander & Jeremy Stevens
Pretty much every major economic indicator suggests that the Chinese economy will continue its downward momentum in 2019. Industrial production, retail sales, and even the once red-hot property market are all showing real signs of weakness. Some...

How Will China Respond to Global Concerns about its Trade and Economic Policies?

Paul Haenle & Da Wei from Carnegie-Tsinghua Center for Global Policy
Official Chinese narratives about the U.S.-China trade war have not included Chinese reflection or discussion of what role China’s own policies have played in creating trade tensions. Many of the concerns on structural issues, such as market access...

Conversation

07.12.18

Can China Replace the U.S. in Europe?

Jan Weidenfeld, Isabel Hilton & more
The G7 debacle reminded Europeans the problems with relying on a fraying transatlantic partnership. Meanwhile, China has been playing a larger role on the continent, increasing its investment and its political influence. On July 6-7, Bulgaria held...

A U.S. View on China’s So-Called ‘Debtbook Diplomacy’ Agenda

Eric Olander, Cobus van Staden & more
For the past year or so, senior U.S. government officials have been accusing China of engaging in so-called “debtbook diplomacy,” a tactic that Washington contends intentionally burdens developing countries with billions of dollars of loans. When...

Viewpoint

05.23.18

Germany Needs China to Save the Global Order from Trump

Sebastian Heilmann from Mercator Institute for China Studies
The U.S. president’s attacks on multilateralism may push Chancellor Merkel into an unlikely alliance with Beijing. Germany and the EU have to test ways to work with China in the absence of transatlantic coordination. The goal must be to organize an...

Caixin Media

05.16.18

China Must Continue to Open up within World Economy

In the future, China must do more than simply open up the manufacturing sector and lift restrictions on foreign shareholders and the scope of business foreigners can conduct. China will also need to accelerate the opening-up of the service...

China to Develop Arctic Shipping Routes Opened by Global Warming

BBC
China has announced plans to develop shipping lanes through the Arctic to become a "Polar Silk Route"...

Shifts in U.S. Global Leadership

Paul Haenle & Jake Sullivan from Carnegie-Tsinghua Center for Global Policy
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...

Trump Is Ceding Global Leadership to China

New York Times
Amid the pomp that President Xi Jinping of China is bestowing upon his visiting American counterpart, President Trump, it’s hard not to see two leaders — and two countries — heading in very different directions.

China’s Global Ambitions Could Split the World Economy

Michael Schuman
Bloomberg
After the fall of the Berlin Wall, many economists and policymakers assumed the world would become one happy, prosperous economy. Aided by the spread of capitalism and technology, countries would be increasingly knit together by trade, finance, and...

China Treats Its Foreign Aid Like a State Secret. New Research Aims to Reveal It.

Adam Taylor
Washington Post
Since the turn of the century, China has become an unavoidable global provider of foreign assistance, funding everything from opera houses in Algeria to tobacco farms in Zimbabwe.

Chinese Premier to Discuss Economy with Int'l Institution Chiefs

Xinhua
Xinhua
Chinese Premier Li Keqiang will hold a roundtable meeting with leaders of six major international economic and financial institutions in Beijing next Tuesday, Foreign Ministry spokesperson Geng Shuang said on Wednesday.

China’s ‘Belt and Road’ Initiative Could Be the next Risk to the Global Financial System

CNBC
China has pitched its mammoth, pan-Eurasian “Belt and Road” infrastructure initiative as a means of promoting economic prosperity and fostering diplomatic ties on a global scale.

China Says Silk Road Plan Is Not Tied to Presidency

Reuters
China’s President Xi Jinping initiated the ambitious “Belt and Road” development plan but it has become a world plan not tied to his presidency, the Commerce Ministry said on Wednesday, days before Xi hosts a global forum on the initiative.

Trump and Xi’s First Meeting

Paul Haenle & Ashley J. Tellis from Carnegie-Tsinghua Center for Global Policy
All eyes are on Mar-a-Lago this week, where Chinese President Xi Jinping and U.S. President Donald Trump will meet for the first time. The summit is expected to be heavy on symbolism rather than on concrete deliverables, but the ability to set a...

Why Donald Trump Can’t Bully China on Trade

Kenneth Rogoff
Guardian
Beijing holds trillions of dollars in U.S. debt and any trade disruption could lead to huge price rises in the budget stores on which many Americans rely

China’s Shipbuilders Go From Boom to Rust

Trefor Moss
Wall Street Journal
Shipyards across China are being driven out of business by weak global demand for new ships

How China Can Win as America Turns Inward

Newsweek
As the U.S. was backing away from a major international agreement, China continued its push to strike pacts with other nations.

With Pen Plan, China Etches Nationalist Economic Policy

Chuin-Wei Yap
Wall Street Journal
New ability to manufacture pen nibs gives China ability to produce whole pen—and a point of pride

As Trump Stresses ‘America First,’ China Plays the World Leader

Ben Blanchard
Reuters
China is calmly mapping out global leadership aspirations from trade to climate change, drawing distinctions between President Xi Jinping’s steady hand and new U.S. President Donald Trump

Donald Trump Could Be Starting a New Cold War With China. But He Has Little Chance of Winning

Charlie Campbell
Time
The new U.S. administration has been testing Beijing with provocative stances on trade, Taiwan and the South China Sea. But starting up a Cold War with China is a highly risky strategy

A U.S.-China Role Switch: Who’s the Globalist Now?

Andrew Browne
Wall Street Journal
Xi Jinping sees a window as Donald Trump stirs masses with slogans

Diplomat Says China Would Assume World Leadership If Needed

Reuters
China does not want world leadership but could be forced to assume that role if others step back from that position, a senior Chinese diplomat said on Monday

A Communist Party Man at Davos

Atlantic
Xi Jinping tries to charm the capitalist elite

Viewpoint

01.19.17

Do We Want to Live in China’s World?

Robert Daly
Each weekday morning, I cross D.C.’s National Mall and pass a sign on Constitution Avenue bearing an epigram by the U.S. architect Daniel Burnham: Make No Little Plans. And every morning, these words make me think not of Burnham’s 20th century...

China’s Xi Set for Star Turn at Davos Gathering

Tom Mitchell and Charles Clover
Financial Times
President aims to show he is one of the few responsible adults left on the global stage

As China Pivots, Trump Risks Fighting an Old War

Andrew Browne
Wall Street Journal
Incoming U.S. administration highlights trade retaliation as Beijing shifts to a form of high-tech protectionism

“Brutal, Amoral, Ruthless, Cheating”: How Trump’s New Trade Tsar Sees China

Tom Phillips
Guardian
Peter Navarro has been picked to lead US trade and industrial policy – a move that may upset Beijing

Where Trump Does (and Doesn’t) Have Leverage with China

Thomas Hout
Harvard Business Review
Trump must keep his trade demands on Beijing specific and legitimate. The question is, does he have the discipline?

As Trump Tweets, China Quietly Weights Options to Retaliate

Ting Shi, Nick Wadhams and David Tweed
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

China Central Bank Extends Emergency Loans to Financial Firms

Rachel Rosenthal and Yifan Xie
Wall Street Journal
Extends hundreds of billions of yuan in loans to ease liquidity crunch, continuing debt selloff

China’s Economic Policy Under Pressure After Fed Flags New Era

Tom Mitchell, Yuan Yang and Gabriel...
Financial Times
Rising US rates complicate balancing act for Beijing as it faces capital flight

If Donald Trump Pushes, How China Could Push Back

Jane Perlez
New York Times
Here are five ways the Chinese could make life difficult for a Trump administration

Trump Says China is Not a Market Economy. Here’s Why That is a Big Deal

Chad Bown
Washington Post
In 2001, in China’s view, the U.S. promised it would treat the Asian country as a “market economy” starting in December 2016. Trump has a different idea.

China Has Gained Hugely from Globalization, So Why Are Its Workers So Unhappy?

Economist
Now, more than ever, working-class Chinese fret about rising inequality, the impact of mass migration from the countryside into cities and job losses

China Faces off Against World on Open Global Markets

Mark Magnier and Will Mauldin
Wall Street Journal
Anniversary of China’s accession to World Trade Organization highlights global rift over Beijing’s economic policy

Trump Picks Iowa Gov. Terry Branstad as Beijing Ambassador

Simon Denyer and Philip Rucker
Washington Post
Branstad has extensive ties to China and a personal friendship with Chinese President Xi Jinping

Xi Jinping to be ‘First Chinese President to Attend Davos Summit’

Li Jing
South China Morning Post
Trip has yet to be officially announced but preparations well underway for Chinese head of state’s visit to World Economic Forum in Switzerland

Trump’s China Tweets are Just Tough Talk

Melissa Chan
Guardian
A trade war would be damaging for the US, and the president-elect is likely to need Beijing’s help with North Korea. Wait until he’s in office

A China Economist Told Us How China Could Hurt the US in a Trade War

Business Insider
BI caught up with Gene Ma, IIF's Chief Economist, to ask him some questions about where the Chinese economy is going in the age of Trump...

China Cites ’The Art of War’ as Trump Signals Trade Battle

Bloomberg
You can kill 1,000 enemies, but you would also lose 800 soldiers

China Touts its Own Trade Pact as U.S.-Backed One Withers

John Lyons, Mark Magnier, and William...
Wall Street Journal
Nations begin to coalesce around China-led trade group after Trump reiterates plan to withdraw from TPP

Will Trump’s Love of Deals Work With China?

Andrew Browne
Wall Street Journal
A president known for deal-making could change the landscape in East Asia

As Trump Tweets about SNL and Hamilton, China’s Xi Embraces a New, Powerful Role

Zheping Huang and Heather Timmons
Quartz
Trump’s talk of increasing trade barriers and disdain for global organizations and agreements could create a more isolationist US, leaving China to fill the gap

India’s China Policy Off Target, Says Modi’s Mandarin- Speaking ‘Guided Missile’

Debasish Chowdhury
South China Morning Post
Delhi’s go-to guy for talking to Beijing is one of the few Indian leaders who openly advocate closer ties

Trans-Pacific Partnership Failure May be China’s Gain, Asia’s Loss

Laura He
South China Morning Post
Many Asian economies will benefit less under a China-led trade pact than they would have done under the now-doomed TPP, analysts argue

A China-America Romance?

Economist
After the wildest political upsets this year, here’s a prediction for next: China will deem its relations with America to be entering something of a golden period

Caixin Media

11.18.16

Is the Trump Victory a Blow to Globalization?

The 2016 U.S. presidential election ended with the surprise victory of property mogul Donald J. Trump. An outsider without a political track record, Trump defied predictions by most polls, pundits, and political observers when he defeated Hillary...

U.S. Should Get Tougher on China’s Deal-Making, Panel Says

Edward Wong
New York Times
Congressional commission: Congress should exercise greater scrutiny over trade and investment practices between the United States and China

China and Germany: the Honeymoon is Over

Klaus Larres
Diplomat
A visit to China by Germany’s economics minister highlighted the beginning to a blunter approach to bilateral relations.

What Will a Trump Presidency Mean for China?

Rob Schmitz
NPR
The response of China's state-controlled media to Donald Trump's victory seemed almost gleeful. What's happens next?...

Theresa May Promises ‘Golden Era’ in UK-Chinese Relations

BBC
May has promised to work for a "golden era" in the UK's relations with China, as the country's vice-premier visits London for talks. ...

Viewpoint

11.09.16

China Just Won The U.S. Election

James Palmer from Foreign Policy
The election of Donald Trump will be a disaster for anyone who cares about human rights, U.S. global leadership, and media freedom. That means it’s a victory for Beijing, where, as I write, the Chinese leaders near me in the palatial complex of...

In Trump Win, China Hopes for U.S. Retreat

Andrew Browne
Wall Street Journal
Election results mean economic threat, geopolitical opportunity for Beijing

Trump’s China Wall

Tim Culpan
Bloomberg
For all his rhetoric about building a wall along the Mexican border, Donald J. Trump may build an even bigger barrier against China

A Sea of Red Across Asian Markets as Trump Wins

Shotaro Tani
Nikkei Asian Review
Asian stock markets had a very bad day on Wednesday, plummeting across the board as U.S. voters swept Republican candidate Donald Trump to the White House

Beijing Reacts Cautiously to Trump Triumph

Tom Mitchell
Financial Times
President-elect has threatened China with trade and currency wars

TPP’s Failure Would Hand U.S. Business in Japan to China, White House Says

William Mauldin
Wall Street Journal
Exporters could miss gains from Pacific trade deal, lose market share, according to study