Features

07.10.23

For Beijing, Putting People Back to Work May Prove a Tough Job

Eva Xiao
In a small Chinese town where unemployment has run high during the COVID-19 pandemic, the local government has embraced a surprising remedy to joblessness: public toilets. Fugong Village, in Guangdong province, usually sees nearly half of its small...

China Tightens Grip on Foreign University Ventures

Emily Feng
Financial Times
The directive, which took effect last year but whose existence is being revealed for the first time by the Financial Times, mandates foreign education institutions to include a clause that supports the establishment of a party organisation in any...

A Demonstration of Power: China Derails Protests before They Even Begin

Nathan VanderKlippe
Globe and Mail
It was after midnight and the slow train from Chengdu was nearing the end of its 30-hour journey when Ms. Yang decided to make a run for it. She was headed to Beijing to join a protest, but it was becoming clear that the authorities were closing in...

China Stamps Hint at Relaxation of Two-Child Policy with Large Piglet Family

Foreign Staff
Telegraph
Commentators noted that the scrapping of the decades-old one child policy in 2015, in favour of a two-child policy, was preceded by the release of a stamp for 2016, the Year of the Monkey, featuring two baby monkeys.

How China’s Government Has Changed after the NPC

BBC
BBC
A stronger military and more power to fight corruption are among the major changes revealed at China’s National People's Congress (NPC) this year.

China's New Campaign to Instill Official Historical Narrative in Xinjiang

Nectar Gan
South China Morning Post
Yu Zhengsheng, the party’s fourth-ranking official who is in charge of religion and ethnic minorities, presided at a high-level meeting in Beijing this week to address “several historical issues” regarding the restive region, Xinhua reported.

Books

08.21.17

China’s Banking Transformation

James Stent
In this timely and provocative book, James Stent, a banker with decades of experience in Asian banking and fluency in Chinese language, explains how Chinese banks work, analyzes their strengths and weaknesses, and sets forth the challenges they face in a slowing economy. Without minimizing the real issues Chinese banks face, China’s Banking Transformation challenges negative media accounts and reports of “China bears.” Based on his 13 years of service on the boards of China Minsheng Bank, a privately owned listed bank, and China Everbright Bank, a state-controlled listed bank, the author brings the informed view of an insider to the reality of Chinese banking.China’s Banking Transformation demonstrates that Chinese banks have transformed into modern, well-run commercial banks, playing a vital role supporting the country’s extraordinary economic growth. Acknowledging that China’s banks are different from Western banks, the author explains that they are hybrid banks, borrowing extensively from Western models, but at the same time operating within a traditional Chinese cultural framework and in line with China’s governance model.From his personal experience working at board level, Stent describes the governance and management of China’s banks, including the role of the Communist Party. He sees China’s banks as embedded in ancient concepts of how government and society work in China, and also as actors within a market socialist political economy. The Chinese banking system today bears similarities with banking in Northeast Asian “developmental states” of recent past, and also pre-1949 Chinese banking.As the first account of Chinese banking by a Westerner who has worked in China’s banks, China’s Banking Transformation should be read by anyone interested in the political economy of contemporary China, in Asian development issues, and in banking issues generally. The book dispels misconceptions and provides insight into the financial aspects of China’s economic growth story. —Oxford University Press{chop}

China’s Banks Are Now Stable as ‘Shadow’ Banking Looks Less Threatening, Moody’s Says

CNBC
Moody’s Investors Service no longer takes a negative view on China’s banking system, raising its outlook to stable on Thursday as concerns over so-called shadow banking eased.

Caixin Media

03.27.17

Expert Doubts Incentives Would Boost China’s Birth Rate

Proposed incentives for couples to have a second baby—including tax breaks and extra maternity leave—won’t lead to a significant spike in China’s birth rate, a renowned demographer said.Liang Zhongtang’s comments come amid growing concerns about the...

Books

03.16.17

Hollywood Made in China

Aynne Kokas
China’s entry into the World Trade Organization in 2001 ignited a race to capture new global media audiences. Hollywood moguls began courting Chinese investors to create entertainment on an international scale—from behemoth theme parks to blockbuster films. Hollywood Made in China examines these new collaborations, where the distinctions between Hollywood’s “dream factory” and Xi Jinping’s “Chinese Dream” of global influence become increasingly blurred. With insightful policy analysis, ethnographic research, and interviews with CEOs, directors, and film workers in Beijing, Shanghai, and Los Angeles, Aynne Kokas offers an unflinching look at China’s new role in the global media industries. A window into the partnerships with Chinese corporations that now shape Hollywood, this book will captivate anyone who consumes commercial media in the twenty-first century. —University of California Press{chop}

China Vows to Curb Record Spending on Football Transfers

Tom Hancock
Financial Times
China’s top sports administrator has vowed to cap spending by football clubs, accusing them of burning money and paying excessive wages to foreign players.

Resettling China’s 'Ecological Migrants'

Edward Wong and Josh Haner
New York Times
These are the people the government has relocated from lands distressed by climate change, industrialization, and poor policies to hastily built villages

China Seeks to Remove Provincial Barriers to Trade

Sue-Lin Wong
Reuters
China will accelerate reforms to remove internal barriers to both foreign and domestic trade.

China Aims to Build Its Own Secure Smartphones

EVA DOU and JURO OSAWA
Wall Street Journal
State-owned and private tech firms team up to cut cord to U.S. suppliers.

Media

11.06.15

‘A Brutality Born of Helplessness’

Alexa Olesen
When China finally scrapped its one-child policy after more than three decades of brutality, almost no one lamented its passing. But Paul R. Ehlich, a Stanford-educated biologist and author of the 1968 fear-baiting classic The Population Bomb, was...

More Working Women in China Freeze Their Eggs

LAURIE BURKITT
Wall Street Journal
Government limits fertility treatment, so career-focused women turn to U.S. for help in having babies.

Infographics

09.29.15

China’s New Roads Are Taking a Toll

from Sohu
On July 21, the Ministry of Transport issued a revised draft of its “Regulations on Toll Road Administration,” outlining planned adjustments to toll collection periods.Four Important Changes:{photo, 19386, 3}How Many Toll Roads Are There in China...

Caixin Media

09.15.15

Stock Market Volatility Is Not a Harbinger of Collapsing Growth

It would be a sad end to an amazing story. An economic miracle—one that lifted 300 million people from poverty and shifted the world's economic center of gravity—collapsing under the weight of risky investments and a financial crisis.This seems...

Beijing Works to Calm Tumbling Stock Market

Gabriel Wildau and Josh Noble
Financial Times
Beijing will do whatever it takes to avert a collapse in the stock market; authorities have already taken steps to boost sentiment and liquidity, including an interest rate cut.

Caixin Media

05.19.15

Why Xinjiang’s Economy Is Sputtering

It has been almost one year since a terrorist bombing in Urumqi, the capital of the Xinjiang region, shocked the nation and brought economic woes and social conflicts in the largely Uighur-populated area into the spotlight again.I arrived by train...

5 Takeaways from China’s GDP

Richard Silk
Wall Street Journal
For much of the last two decades, China has been working overtime to drive the growth of the world economy. Now, it’s slowing to suborbital speeds.

China Reports Sharp Rise in HIV Cases

Patti Waldmeir
Financial Times
China had nearly half a million people living with the virus or disease by the end of August last year, with 70,000 of them newly diagnosed in the first eight months of 2014, official statistics showed.

China’s Regulations on Sale of Birth By-product in Chaos

Hu Qingyun
Global Times
In a cramped, quiet room, several bloody placentas sit in a machine, drying. Some workers then ground them down and filled capsules with the viscera. This gory scene is not from a horror movie but the day-to-day business of an underground placenta...

Media

02.06.14

Beijing’s State Secrets Law—Still Broad, Still Opaque

Beijing may be whittling back its widely reviled state secrets laws—but given their opacity, it’s hard to say for sure. Chinese Premier Li Keqiang signed a regulation, announced February 2, that would prohibit Chinese government organs from “using...

Media

11.14.13

Westerners Aren’t the Only Ones Flummoxed by China’s Reform Plans

After the Third Plenum, a high-level meeting to discuss China’s future, ended on November 12, Beijing released a major document likely to affect many of its 1.3 billion citizens’ lives for years. Western media responded to the 5,000-plus character...

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...

Books

03.28.13

China Goes Global

David Shambaugh
Most global citizens are well aware of the explosive growth of the Chinese economy. Indeed, China has famously become the “workshop of the world.” Yet, while China watchers have shed much light on the country’s internal dynamics—China’s politics, its vast social changes, and its economic development—few have focused on how this increasingly powerful nation has become more active and assertive throughout the world.In China Goes Global, eminent China scholar David Shambaugh delivers the book that many have been waiting for—a sweeping account of China’s growing prominence on the international stage. Thirty years ago, China’s role in global affairs beyond its immediate East Asian periphery was decidedly minor and it had little geostrategic power. As Shambaugh charts, though, China’s expanding economic power has allowed it to extend its reach virtually everywhere—from mineral mines in Africa, to currency markets in the West, to oil fields in the Middle East, to agribusiness in Latin America, to the factories of East Asia. Shambaugh offers an enlightening look into the manifestations of China’s global presence: its extensive commercial footprint, its growing military power, its increasing cultural influence or “soft power,” its diplomatic activity, and its new prominence in global governance institutions.But Shambaugh is no alarmist. In this balanced and well-researched volume, he argues that China’s global presence is more broad than deep and that China still lacks the influence befitting a major world power—what he terms a “partial power.” He draws on his decades of China-watching and his deep knowledge of the subject, and exploits a wide variety of previously untapped sources, to shed valuable light on China’s current and future roles in world affairs.  —Oxford University Press

Books

01.14.13

Governing Health in Contemporary China

Yanzhong Huang
The lack of significant improvement in people’s health status and other mounting health challenges in China raise a puzzling question about the country’s internal transition: why did the reform-induced dynamics produce an economic miracle, but fail to reproduce the success Mao had achieved in the health sector? This book examines the political and policy dynamics of health governance in post-Mao China. It explores the political-institutional roots of the public health and health care challenges and the evolution of the leaders’ policy response in contemporary China. It argues that reform-induced institutional dynamics, when interacting with Maoist health policy structure in an authoritarian setting, have not only contributed to the rising health challenges in contemporary China, but also shaped the patterns and outcomes of China’s health system transition. The study of China’s health governance will further our understanding of the evolving political system in China and the complexities of China’s rise. As the world economy and international security are increasingly vulnerable to major disease outbreaks in China, it also sheds critical light on China’s role in global health governance. —Routledge

The Party: Impenetrable, All Powerful

Ian Johnson from New York Review of Books
In the next few weeks, an event will take place in Beijing on a par with anything dreamed up by a conspiracy theorist. A group of roughly three hundred men and women will meet at an undisclosed time and location to set policies for a sixth of...

The Old Man’s New China

Perry Link from New York Review of Books
The Communist Party of China has regularly warned Western observers like Merle Goldman not to interfere in China’s internal affairs. China, it says, has its own culturally distinctive ideas on topics like freedom, democracy, and human rights. So how...