Conversation

03.24.17

Does Tillerson’s Asia Visit Signal a New Era in U.S.-China Relations?

Scott Kennedy & Shen Dingli
On March 19, during his first trip to Asia as U.S. Secretary of State, and amidst rising tensions with North Korea, Rex Tillerson met with China’s Communist Party Secretary Xi Jinping. The day before, Tillerson released a statement describing the...

Australia Shouldn't Pick Between U.S. and China, Premier Li Says

Bloomberg
Australia, which has fought alongside the U.S. in every major conflict since World War I, has been careful not to offend China, which was responsible for 31 percent of its merchandise exports in the 12 months to July last year.

Donkey Skin Is the New Ivory

Eric Olander, Cobus van Staden & more
Countries throughout Africa are struggling to figure out how to contain the skyrocketing price of donkeys due to surging demand for the animals in China. Donkey skin is fast becoming an increasingly prized commodity due to its use in a traditional...

China’s Taxes on Imported Cars Feed Trade Tensions with U.S.

Keith Bradsher
New York Times
A Jeep Wrangler can cost $30,000 more in China than in the United States—and the reasons illustrate a growing point of tension between the two countries.

China Is Reportedly Getting Ready to Hit back against Any of Trump’s Trade Penalties

Fortune
China’s government has been seeking advice from its think-tanks and policy advisers on how to counter potential trade penalties from U.S. President Donald Trump, getting ready for the worst, even as they hope for business-like negotiations.

Clean Energy Could Spark a Trade War between the U.S. and China

Nick Stockton
Wired
In the past few years, China has surpassed the U.S. in electric vehicle sales, renewable energy capacity, and recently announced it was investing $365 billion to keep the momentum going. That investment puts China in a prime position to lead the...

China to Trump: We Don’t Want a Trade War—but If There Is One, You’d Lose

Simon Denyer
Washington Post
China’s premier told the United States on Wednesday: We don’t want a trade war with you, but if one breaks out, your companies would bear the brunt.

Trump’s Top China Expert Isn’t a China Expert

Foreign Policy
Peter Navarro doesn't speak Chinese, and has scant in-country experience. Should that matter?...

Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO

Bloomberg
Lighthizer has urged a harder-nosed approach to China, which accounts for more than half of America’s $500-billion trade deficit, and more trade complaints from the U.S.

One of China’s Biggest Trade Partners Is Worried Beijing Will Turn to Its ‘Old Toolbox’ of Protectionism

Sophia Yan
CNBC
China’s plan to advance its manufacturing capabilities is drawing criticism from one of its major trade partners.

Books

03.02.17

The Silver Way

Peter Gordon and Juan José Morales
Long before London and New York rose to international prominence, a trading route was discovered between Spanish America and China that ushered in a new era of globalization. The “Ruta de la Plata,” or “Silver Way,” catalyzed economic and cultural exchange, built the foundations for the first global currency, and led to the rise of the first “world city.” And yet, for all its importance, the Silver Way is too often neglected in conventional narratives on the birth of globalization. Gordon and Morales re-establish its fascinating role in economic and cultural history, with direct consequences for how we understand China today. —Penguin China{chop}

Viewpoint

03.01.17

Is the U.S.’s Withdrawal China’s Gain in Latin America?

Latin Americans can’t afford to wait four years to see when the United States will be willing to have an honest and reciprocal conversation about economic prosperity in the Western Hemisphere. Luckily for the U.S.’s southern neighbors, over the past...

Trump Is Not Anti-China, Lenovo CEO Says

Arjun Kharpal
CNBC
U.S. President Donald Trump is “not anti-China” but any move away from globalization by the White House could be a concern to businesses across the world, the chief executive Lenovo told CNBC on Tuesday. 

Picking a Fight over China’s Currency Will Snowball: Analyst

Leslie Shaffer
CNBC
If U.S. President Donald Trump proceeds with plans to label China a currency manipulator, the confrontation would likely escalate beyond trade, David Roche, global strategist at Independent Strategy, told CNBC on Monday.

China Overtakes U.S. and France as Germany’s Biggest Trading Partner

CNBC
China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday.

Mnuchin Says He Won’t Label China a Currency Manipulator...Yet

Kevin Cirilli and Saleha Mohsin
Bloomberg
Treasury Secretary Steven Mnuchin signaled no urgency to designate China a currency manipulator, saying he wants to use a regular review of foreign-exchange markets to determine if the U.S.’s largest trading partner is cheating.

The Biggest Loser If Trump Ignites a Trade War with China

Benjamin Carlson
CNBC
There’s at least one big loser if President Donald J. Trump ignites a trade war with China: Taiwan. The island democracy has a heavily export-dependent economy enmeshed in billions of dollars in U.S. and China trade.

What Does Trump Want? China Scours Twitter, Cocktail Parties for Clues

Bloomberg
Now one of the big questions is which view prevails in the White House: The more moderate voices of Branstad, Kushner and Pentagon chief James Mattis? Or China hardliners such as strategist Steve Bannon and trade adviser Peter Navarro?

China Loses a Friend, and Leverage, with North Korean Murder

Bloomberg
The mysterious death of Kim Jong Un’s half-brother removed a potential avenue for China to press the North Korean leader to rein in his nuclear ambitions.

Viewpoint

02.13.17

The U.S. Should Not Demand In-Kind Reciprocity from China

James Zimmerman
In a well-drafted task force report issued this week by the Asia Society and the University of California San Diego, a group of scholars and former government officials recommend that the Trump administration take steps to make the U.S.-China...

Viewpoint

02.10.17

Taiwan Needs to Hear Trump Say ‘Democracy’

William Kazer
President Trump has sent conflicting signals on Taiwan, first suggesting cozier relations with the self-ruled island and then walking that back to reassure China.In a phone call with Chinese President Xi Jinping on Thursday, he pledged no change to...

China January Exports Rise 7.9 Percent, Beating Forecasts

CNBC
China’s January exports easily exceeded analysts’ expectations, rising 7.9 percent from a year earlier, while imports rose by 16.7 percent, also topping forecasts, preliminary data showed on Friday. That left the country with a trade surplus of $51...

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

Why China Doesn’t Need the U.S. for Trade

Winter Nie
Forbes
Unfortunately for Trump, it’s not the 1980s anymore.

Reports

02.07.17

U.S. Policy Toward China

Orville Schell and Susan L. Shirk
Asia Society
The Task Force on U.S.-China Policy generated the following report and set of recommendations to assist the 45th U.S. presidential administration in formulating a China strategy that will protect and further U.S. national interests. This report...

Donald Trump Hasn’t Spoken with Chinese President Xi Jinping since Taking Office

Zheping Huang
Quartz
Two weeks into his presidency, Donald Trump has spoken with 18 foreign heads-of-state, either by phone or in person. Xi Jinping’s name is conspicuously missing.

It Won’t Be Easy for Donald Trump to Bully China

Clay Chandler
Fortune
Trump’s screeds against China—for cheapening its currency, stoking its export machine and “stealing” American jobs—were a centerpiece of his campaign. And yet, as Trump himself probably knows, China won’t be easy to bully.

These American-Made Ford Raptor Pickups Are Shipping off to China

Jordan Golson
Verge
In a move that is sure to make President Trump happy, Ford is shipping a boatload of F-150 Raptor pickup trucks. Company reps are very excited to be sending American-made trucks over to China instead of the other way around.

Viewpoint

02.02.17

The Art of a China Deal

James McGregor
By his own admission, President Donald J. Trump is a brilliant businessman, a master negotiator, an exceptional deal maker, somebody who always wins. When it comes to China, he is prepared to do just that—win. “I’ve read hundreds of books about...

As Trump Sows Tensions with Mexico, Beijing May Reap Rewards

Nyshka Chandran
CNBC
As President Donald Trump wages a public and bellicose battle with the Mexican government, China may emerge as the victor.

Conversation

01.27.17

TPP is Dead, Now What?

David Dollar, Charlene Barshefsky & more
On Monday, on his first full working day as president, Donald Trump officially withdrew the United States from the Trans-Pacific Partnership (TPP), a 12-nation trade pact that did not include China and did not have the votes to...

China’s Top Economic Official Braces for Possible Trade War

Chris Buckley and Keith Bradsher
New York Times
Liu He has struggled to overcome resistance to a program of measured economic liberalization and more open markets that he argues is critical to China’s long-term economic health

New U.S.-China Rivalry Risks Lethal Confrontation

Andrew Browne
Wall Street Journal
Provocations by President-elect Trump over trade and territory could escalate into armed conflict

Books

01.11.17

Taiwan’s China Dilemma

Syaru Shirley Lin
China and Taiwan share one of the world’s most complex international relationships. Although similar cultures and economic interests have promoted an explosion of economic ties between them since the late 1980s, these ties have not led to an improved political relationship, let alone progress toward the unification that both governments once claimed to seek. In addition, Taiwan’s recent Sunflower Movement succeeded in obstructing deeper economic ties with China. Why has Taiwan’s policy toward China been so inconsistent?Taiwan’s China Dilemma explains the divergence between the development of economic and political relations across the Taiwan Strait through the interplay of national identity and economic interests. Using primary sources, opinion surveys, and interviews with Taiwanese opinion leaders, Syaru Shirley Lin paints a vivid picture of one of the most unsettled and dangerous relationships in the contemporary world, and illustrates the growing backlash against economic liberalization and regional economic integration around the world. —Stanford University Press{chop}

2016 China-Africa Year in Review

Eric Olander & Cobus van Staden
After years of relatively trouble-free development, 2016 marked a turning point in the China-Africa relationship, amid turbulent changes in the global economic and political order. China increased its deployment of combat troops to the continent,...

How Chinese Entrepreneurs Can Help Trump ‘Make America Great Again’

Edward Tse
South China Morning Post
Edward Tse says Chinese investment and job creation are just what the US economy needs to sharpen its edge, not isolationism and trade wars

Obama Got Tough on China. It Cost U.S. Jobs and Raised Prices

Patrick Gillespie
CNN
Protect American jobs by getting tough on China. That's the underlying idea behind President-elect Donald Trump's threat of a 45% tariff against China as a ploy to bring jobs back to America. Before pursuing that strategy, however, Trump...

Viewpoint

12.15.16

The Missing Topic in Trump’s Tough Talk on China

Melissa Chan
President-elect Donald Trump’s rhetoric suggests he will push China on many issues, not just one. Some observers have held on to the hope that his phone call with Taiwanese President Tsai Ing-wen, his burst of anti-China tweets, and his most recent...

Media

12.09.16

U.S.-China Relations As a Cycle of ‘Rapturous Enchantment’ and ‘Deep Disappointment’

Eric Fish from Asia Blog
In 1872, China’s imperial government began sending teenage boys to the United States to study science and technology. After a series of “humiliating” military defeats at the hands of technologically superior foreign powers, China’s leaders realized...

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...

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

Features

11.18.16

Chinese and American City-Dwellers Differ on Trump Win

Frances Hisgen
City-dwellers in China and the United States are among the greatest beneficiaries of the international trade deals President-elect Trump says he’s against, but the two groups responded differently to the outcome of the U.S. election, and the...

Trump, China’s Xi Set Tone of “Mutual Respect” in Phone Call

Te-ping Chen
Wall Street Journal
Mr. Trump’s campaign was marked by heated rhetoric targeting China, but in a phone call, the leaders agreed cooperation was key

Chinese Scholars Look to a Trump Administration with Hope and Concern

Kristin Huang
South China Morning Post
President-elect’s pledges but lack of policy during campaign keeps experts guessing

Environment

10.25.16

China is Demanding Cleaner Shipping—So Should the Rest of the World

Barbara A. Finamore from chinadialogue
Last year, in response to growing awareness of severe air pollution problems in China’s coastal cities, the Chinese government adopted a ground-breaking program to cut pollution from ships. At its core is a commitment to reduce the sulfur content of...

Environment

10.21.16

Will Chinese Money Transform Pakistan?

from chinadialogue
The development of the China-Pakistan Economic Corridor (CPEC) has spurred debate in all quarters. Some perceive it as a form of neo-colonialism and criticize Pakistan’s government for promoting unethical business practices at the cost of ordinary...

Conversation

09.21.16

What Should the U.S. Presidential Candidates Be Saying on China?

Winston Lord, Orville Schell & more
Barely eight weeks before the United States presidential election, Democratic nominee Hillary Clinton and her Republican rival Donald Trump have said surprisingly little about how they plan to address China—in areas ranging from the global economy...

Caixin Media

09.19.16

Chinese Spending Can Help Create Jobs in the United States

Trade does result in very real and serious job losses, while its benefits are spread more broadly over the entire U.S. economy. Yet many job losses are not a result of trade; they are actually driven by productivity gains related to rapid...

Chinese Business’ Complicated Role in Kenyan Corruption

Eric Olander, Cobus van Staden & more
One of the many simple, widely-believed narratives about the Chinese in Africa is that Chinese businesses fuel corruption across the continent. Chinese corporate corruption in Africa is well documented, from allegations of paying off corrupt...

China Lays New Brick in Silk Road With First Afghan Rail Freight

Eltaf Najafizada
Bloomberg
China has for years had grand investment plans for Afghanistan’s resource riches.

Conversation

09.01.16

What Can We Expect from China at the G20?

Sophie Richardson, Joanna Lewis & more
On September 4-5, heads of the world’s major economies will meet in the southeastern city of Hangzhou for the G20 summit. The meeting represents “the most significant gathering of world leaders in China’s history,” according to The New York Times...

Media

08.25.16

China Analysts Should Talk to Each Other, Not at Each Other

Scott Kennedy
On August 12, the International Monetary Fund (IMF) issued its annual report card on China’s economy and gave the country mixed grades, finding that its “economic transition will continue to be complex, challenging, and potentially bumpy.” In...

China Corn Shortages Loom Despite Bulging Silos

Lucy Hornby
Financial Times
Discontinuing a minimum price policy in March distorted global markets and packed expensive grain into state reserves.

Conversation

06.24.16

Is Europe Prepared to Deal with the China Challenge?

Mikko Huotari, Jan Gaspers & more
Chinese President Xi Jinping is on a grand tour of the western end of the “New Silk Road,” in visits to Serbia and Poland this week before he returns to Beijing via Uzbekistan, a more eastern outpost on China’s expanding 21st Century trade route. Xi...

China’s Ambitious New ‘Silk Road’ Trade Route Takes Shape in Africa

Eric Olander, Cobus van Staden & more
Four years and hundreds of billions of dollars later, China’s ambitious global trading strategy known as the “New Maritime Silk Road,” or “One Belt, One Road” (OBOR), is now coming to life, particularly in parts of East Africa where major...

Are European Companies Falling Out of Love With China?

Holly Ellyatt
CNBC
Beijing has left 41 percent of European companies pessimistic and re-evaluating their China operations—including through headcount reduction....

Caixin Media

06.06.16

Uncertain Future for China’s Market Status Bid

It’s been 15 years since China joined the World Trade Organization, and yet China is still waiting for the WTO to grant it market economy status. During this period, some Chinese businesses have expanded overseas while others have been accused of...

U.S. Chides China on Steel Glut, Treatment of Foreign Companies at Annual Talks

Simon Denyer
Washington Post
The U.S.-China Strategic and Economic Dialogue in Beijing is overshadowed by growing trade friction and the dispute over the South China Sea.

The Latest U.S.-China Trade Spat Is over Chicken

Charles Riley
CNN
The Obama administration has accused China of unfairly blocking U.S. poultry imports, the latest in a series of election-year trade disputes between Washington and Beijing.

Trump: 'We Can't Continue to Allow China to Rape Our Country'

Nick Gass
Politico
Donald Trump ratcheted up his language toward China on Sunday when it comes to the trade imbalance between the two nations.