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

Germany Inc. Is Not for Sale to China, Berlin Says

Emily Tamkin
Foreign Policy
And Beijing has made clear that it has “great concern” over this turn of events

A Chinese Billionaire is Staking His Legacy—and Thousands of American Jobs—on this Factory in Ohio

Ylan Mui
Washington Post
The chairman of Fuyao Group, the biggest auto glass maker in China, rose from poverty by riding the same wave of globalization that devastated Moraine, Ohio

As China Shifts From Exporter to Importer, Fortunes Change

Owen Guo and Neil Gough
New York Times
Daqing is home to China’s biggest oil field, and the city’s troubles reflect a broader reality for the country: Once a major exporter of oil, China is now one of the world’s biggest net oil importers.

What Happens to China if World Trade Falls?

Douglas Bulloch
Forbes
Despite China’s commitment to rebalancing its economy, exports keep rising, and with them China’s vulnerability to the negative consequences of protectionism.

The Honeymoon between China and Africa Is Over and That’s a Good Thing

Eric Olander, Cobus van Staden & more
It wasn’t that long ago when it was all smiles between the Chinese and Africans. The headlines were all about “win-win” development, China’s role in helping Africa to rise above its colonial past, and investment—lots and lots of Chinese investment...

What China’s Successful Reforestation Program Means for the Rest of the World

Elizabeth Shockman
Public Radio International
China, as it turns out, is looking elsewhere to get the lumber it needs.

China’s Li Sees Increasing Uncertainties After Brexit Vote

Bloomberg
Sill, Premier Li Keqiang argues his nation has ample tools to meet challenges facing the economy.

China's 'Zombie' Steelmakers Hit With Huge U.S. Tariffs

Ed Flanagan
NBC News
Similar dissatisfaction with dumping has been seen in Europe, India and Australia, where investigations and similar taxes have also been levied against Chinese steel.

As Economy Worsens, Chinese Migrants in Africa Confront New Challenges

Eric Olander, Cobus van Staden & more
Thousands of Chinese migrants who settled in Africa over the past 10 years now face mounting uncertainty as economic growth slows across the continent and back home in China. While there are no reliable estimates as to how many Chinese migrants...

Dodging Critics and Soothing Fears, China Meets Its G-20 Goals

Bloomberg
China pulled off a win at the Shanghai Group of 20 meeting of global finance leaders after months of angst abroad over economic and policy direction.

Africa Feels the Chill of China’s Cooling Economy

Eric Olander, Cobus van Staden & more
It hasn’t even been a month since Chinese president Xi Jinping was in South Africa for the triennial Forum on China-Africa Cooperation (FOCAC) confab where he unveiled a massive $60 billion financial package. Oh how those were innocent, halcyon days...

Are the Good Times Over for China and Africa?

Eric Olander, Cobus van Staden & more
One of the prevailing media narratives of China’s recent economic turmoil is the effect that it could have on emerging markets, particularly in Africa. Now that the Chinese economy is showing real signs of slowing, the story goes, Beijing will soon...

Caixin Media

09.28.15

Xi and Obama Should Make a BIT Breakthrough

President Xi Jinping has begun his first state visit to the United States to meet U.S. President Barack Obama in what state councilor and former foreign minister Yang Jiechi has called “a pivotal meeting at a critical time.”Xi arrived in the United...

Media

08.26.15

Mapping Fallout From ‘Black Monday’: Who Was Hardest Hit?

David Wertime
August 24, which some have already dubbed “Black Monday,” was not a kind day to global equity markets. The rout began with a massive sell-off in China, where the benchmark Shanghai Composite Index plunged 8.49 percent in just one day. Those losses...

Conversation

08.25.15

Is the Bloom Off the Rose of China’s Economic Miracle?

Arthur R. Kroeber, David Schlesinger & more
On Monday, August 24, the Shanghai Composite Index dropped 8.5 percent, its second such steep fall since late July, and its worst since 2007. On Tuesday, stocks fell an additional 7.6 percent. The steep slide translates into more than $4 trillion in...

Chinese Investment in Africa: Surprisingly Small, but Growing Fast

Eric Olander, Cobus van Staden & more
It’s a widespread misconception that just because China is Africa’s top trading partner, it’s also the continent’s largest foreign investor. In fact, China ranks seventh overall in FDI, far behind the United States, long Africa’s largest source of...

Angolans Resentful as China Tightens its Grip

Herculano Coroado and Joe Brock
Reuters
After oil prices fell, leaving a huge hole in Angola's finances, it became clear sub-Saharan Africa's third largest economy needed - and President Jose Eduardo dos Santos signed multi billion dollar loans with China...

Reports

06.01.15

Chinese FDI in Europe and Germany

Thilo Hanemann and Mikko Huotari
Mercator Institute for China Studies
The authors have—on the basis of a unique transaction dataset—analyzed the newest trends of Chinese direct investment in Germany and the E.U. The study is able to clearly establish that the new wave of Chinese investment offers exceptional...

Sinica Podcast

05.04.15

The Furor and the Asian Infrastructure Investment Bank

Kaiser Kuo & Jeremy Goldkorn from Sinica Podcast
A total of 57 countries have now joined the Asian Infrastructure Investment Bank, China’s newly-launched competitor to the Asian Development Bank (AIIB) that has sparked a flurry of objections from the United States, even culminating in a failed...

Media

04.14.15

Henry Paulson: ‘Dealing with China’

Eric Fish from Asia Blog
Speaking at Asia Society New York on April 13 with New Yorker correspondent Evan Osnos, former U.S. Treasury Secretary Henry Paulson explained that it’s impossible to predict the timing or magnitude of a financial crisis, but any country with...

Books

03.16.15

The China Boom

Ho-fung Hung
Many thought China’s rise would fundamentally remake the global order. Yet, much like other developing nations, the Chinese state now finds itself entrenched in a status quo characterized by free trade and American domination. Through a cutting-edge historical, sociological, and political analysis, Ho-fung Hung exposes the competing interests and economic realities that temper the dream of Chinese supremacy—forces that are stymieing growth throughout the global South. Hung focuses on four common misconceptions about China’s boom: that China could undermine orthodoxy by offering an alternative model of growth; that China is radically altering power relations between the East and the West; that China is capable of diminishing the global power of the United States; and that the Chinese economy would restore the world’s wealth after the 2008 financial crisis. His work reveals how much China depends on the existing order and how the interests of the Chinese elites maintain these ties. Through its perpetuation of the dollar standard and its addiction to U.S. Treasury bonds, China remains bound to the terms of its own prosperity, and its economic practices of exploiting debt bubbles are destined to fail. Dispelling many of the world’s fantasies and fears, Hung warns of a post-miracle China that will grow increasingly assertive in attitude while remaining constrained in capability. —Columbia University Press{chop}

China Wants Taxes Paid by Citizens Living Afar

Austin Ramzy
New York Times
The Beijing billionaires who set up cryptically named companies in the British Virgin Islands to hold their fortunes are in the cross hairs. So are the Guangdong salesmen living and working in Africa and Latin America. China’s tax officials are now...

Viewpoint

08.05.14

Equal in Inequality?

Marc Blecher
For the past several months, readers around the world have been buying, discussing, and even occasionally reading Capital in the Twenty-First Century, French economist Thomas Piketty’s magisterial analysis of the relationship between capitalist...

The World Cup: Brought to You by One of China's Greenest Corporations

Simeon Tegel
Global Post
Yingli's got solar panels, and Latin America's got sun. Hey, perfect match...

China’s Real Estate Downturn Spells Trouble for Global Economy

Chengcheng Jiang
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...

Media

05.08.14

The 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 China Challenge

Ian Johnson 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...

Why India Will Soon Outpace China

James Gruber
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.

Reports

04.01.14

High Tech: The Next Wave of Chinese Investment in America

Thilo Hanemann and Daniel H. Rosen
Asia Society
In this report, we explore the advent of Chinese investment in U.S. high-tech sectors in order to provide an objective starting point for debate about this nascent trend. We use a unique dataset on Chinese FDI transactions in the United States to...

Sinica Podcast

03.17.14

Will China Dominate the Twenty-first Century?

Kaiser Kuo from Sinica Podcast
This week on Sinica, we are pleased to present a live show recorded earlier this week at The Bookworm in Beijing, where Kaiser Kuo interviewed Jonathan Fenby, author of the book Will China Dominate the 21st Century?If you haven’t heard of Jonathan...

China’s Growing Stake in Stability

The Editorial Board
New York Times
China’s growing investment in industries worldwide chills those who see in it the specter of a global economic behemoth. But there could be more reason to welcome than fear this new role. 

Viewpoint

03.06.14

Can America Win in a New Era of Competition with China?

Geoff Dyer
Beijing was in a state of heightened anxiety and had been for weeks. Each day in the run-up to the National Day parade, the security measures seemed to get a little bit tighter. Our apartment building had a distant view of Jianguomen, which is the...

Blankfein Says China’s Expansion to Have ‘Huge Consequences’

Chitra Somayaji And Russell Ward
Bloomberg
“The China growth story is going to be the story of the next 30-40 years,” Blankfein said in an interview with Bloomberg Television.

Excerpts

01.02.14

Global Development and Investment

Elizabeth Economy & Zha Daojiong
Framing questions: In what ways do the U.S. and Chinese approaches to development and foreign investment differ? Are they evolving, and how? What are the benefits and drawbacks of each approach both to the investing country and the recipient? In...

Calm Down, Washington: China Doesn’t Really Want to ‘De-Americanize’

Max Fisher
Washington Post
We can calm down on the threat to "de-Americanize". The fact that China is so rightly panicked about the possibility of a U.S. default just goes to show that Beijing knows it is, and will long continue to be, reliant on a U.S.-...

Reports

10.10.13

Congressional-Executive Commission on China: 2013 Annual Report

United States Congress
The Commission notes China’s lack of progress in guaranteeing Chinese citizens’ freedom of expression, assembly, and religion; restraining the power of the Chinese Communist Party; and establishing the rule of law under the new leadership of...

China Slump Ripples Globally

Alex Frangos and Eric Bellman
Wall Street Journal
As China hopes to reshape its economy to be less reliant on construction and heavy industry, and more reliant on consumer spending, the industries that benefited the most from China’s rise are now being hurt while those aimed at Chinese consumers...

Reports

07.09.13

Prospects for U.S.-China Trade in Meat Products and Associated Investment Opportunities

Dermot Hayes
Paulson Institute
The rapid growth rate in per capita disposable income in China, coupled with a continued migration of hundreds of millions of new consumers to urban areas, has created challenges for the Chinese crop and livestock sectors. Faced with an increase in...

Sinica Podcast

05.01.11

Nouriel Roubini Gets It in the A** in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
China Doomerism, the once familiar retreat of a chummy pantheon of economic cranks, recently went mainstream with Nouriel Roubini’s pronouncement that the Chinese economy is wrestling with over-investment and his prediction that it will likely come...

Reports

08.24.08

Energy Interests and Alliances: China, America and Africa

Angelica Austin, Danila Bochkarev, and Willem van der Geest
EastWest Institute
According to conventional wisdom, the United States and China are locked in a high-stakes competition for energy resources around the world, particularly in Africa. Against the backdrop of highly volatile oil prices, mounting concerns about global...