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.

China’s Relations with a Strategic Europe

Paul Haenle & Jan Techau from Carnegie-Tsinghua Center for Global Policy
For many years, China-E.U. relations have been driven singularly by mercantilism, but diplomatic engagement between Beijing and Brussels increasingly features a geopolitical component. In this podcast with Paul Haenle, Carnegie Europe Director Jan...

Chinese Official Calls Trump 'Irrational' on Trade

David Shepardson
Reuters
Chinese Finance Minister Lou Jiwei criticized Trump for his proposal that tariffs on imported Chinese goods be increased to up to 45%.

Conversation

04.12.16

Should Internet Censorship Be Considered a Trade Issue?

Bethany Allen-Ebrahimian, Susan Shirk & more
A new report from the Office of the United States Trade Representative lists, for the first time, Chinese Internet censorship as a trade barrier. The possible implications are complex: it could strengthen the hand of U.S. businesses, but also stands...

Caixin Media

04.12.16

Chinese Telecoms Gear Maker ZTE Fighting U.S. Export Ban

The second-largest maker of telecoms gear in China is scrambling to get off a U.S. export blacklist that threatens to dry up supplies of critical components.“The investigations are still in progress, and may result in criminal and civil liabilities...

U.S. Adds China’s Internet Controls to List of Trade Barriers

Paul Mozur
New York Times
The limits have posed a significant burden to foreign suppliers, hurting both Internet sites and users who depend on them for business.”

China Tightens the Trade Screws on North Korea

Associated Press
China has banned most imports of North Korean coal and iron ore, the country's main exports...

Viewpoint

03.24.16

German President Joachim Gauck’s Speech at Tongji University in Shanghai

from Der Bundespräsident
On Wednesday, March 23, German President Joachim Gauck addressed an audience of university students in Shanghai. Among many views not typically aired in public in China, Gauck, a former Luterhan minister and anti-communist organizer, told the crowd...

Africa’s Role in China’s One Belt, One Road Global Trade Strategy

Eric Olander, Cobus van Staden & more
China’s lofty ambition to revive its ancient silk road trading routes is now becoming a reality. When complete, One Belt, One Road (OBOR), or the Maritime Silk Road as it is more commonly known, will connect China via rail and shipping links with...

China’s Risky Gamble to Become a Major Player in the Middle East and North Africa

Eric Olander, Cobus van Staden & more
Chinese president Xi Jinping’s three-country tour of the Middle East and North Africa offers yet another example of Beijing’s expanding drive for increased global influence. During his first visit to the region, Xi traveled to Saudi Arabia, Egypt,...

China Deepens Its Footprint in Iran After Lifting Sanctions

Thomas Erdbrink
New York Times
Both countries agreed to increase trade to $600 billion in the coming decade.

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...

Why It’s Getting Harder to Understand China

Ben Eisen
Wall Street Journal
The depreciating yuan is exposing the increasing difficulty in getting a firm reading on economy.

Chinese Stock Plunge Forces a Trading Halt, and Global Markets Shudder

Keith Bradsher and Amie Tsang
New York Times
The aftershocks carried over to Europe and the United States, where markets fell sharply once again.

S. China Sea Tensions Surge as China Lands Plane on Artificial Island

Greg Torode and Michael Martina
Reuters
China's increasing military presence in the disputed sea could effectively lead to a Beijing-controlled air defence zone...

China Plans a New Silk Road, but Trading Partners Are Wary

Keith Bradsher
New York Times
Kazakhstan has limited Chinese investment and immigration for fear of being overwhelmed.

Abe and Modi Strengthen Ties to Counter China's Rise

Natalie Obiko Pearson
Bloomberg
India and Japan took their biggest steps yet to deepen strategic ties, and it’s mostly thanks to China.

China’s Xi Pledges $60 Billion for Africa Development Over Three Years

PATRICK MCGROARTY
Wall Street Journal
China’s trade with Africa grew to $222 billion last year, making it the continent’s top trade partner for the sixth straight year.

China-Africa Summit: What To Look For Beyond The Hype And Hypocrisy

JOHN J STREMLAU
Mail & Guardian
The Africa-China summit will provide an opportunity to see how the Chinese President is responding to democratic developments in Africa.

China’s Renminbi Is Approved as a Main World Currency

KEITH BRADSHER
New York Times
The I.M.F. decision will help pave the way for broader use of the renminbi in trade and finance, securing China’s standing as a global economic power.

China Set to Pledge More Aid to Africa Ahead of Xi's Trip

SUI-LEE WEE
Reuters
China is set to announce new aid to African nations when President Xi Jinping visits Zimbabwe and South Africa next month.

Chinese Investment in Africa Falls by 40%

Saibal Dasgupta
Voice of America
China’s Commerce Ministry publicly admitted that Chinese investments to Africa had fallen by 40 percent in the first half of this year.

China Wants to Build a High-Speed Rail Link to a Newly Open Iran

Richard Macauley
Quartz
China Railway has proposed a high-speed rail link that will carry both passengers and cargo between China and Iran.

China and U.S. Say They’ve Made Strides in Trade Talks

Neil Gough
New York Times
The United States and China said that they had made progress on sticking points in trade.

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.

Asia-Pacific Leaders See Trade as Solution to Economic, Security Troubles

TREFOR MOSS
Wall Street Journal
Leaders stay quiet on territorial disputes in South China Sea.

Obama Calls on Beijing to Stop Construction in South China Sea

MICHAEL D. SHEAR
New York Times
President Obama addressed the Asia-Pacific Economic Cooperation summit meeting in Manila, where he discussed China, trade and climate change.

Challenging the Myth of Chinese Land Grabs in Africa

Eric Olander, Cobus van Staden & more
Among the most durable myths surrounding the China-Africa relationship is the fear that the Chinese government and private enterprises are buying vast tracts of African farm land and have plans to transplant millions of Chinese peasants to live and...

China Has Passed Canada as the Biggest U.S. Trading Partner––Thanks to Oil Prices

Richard Macauley
Quartz
Crude oil, a key export for Canada, has dropped from a 2014 peak of $107 per barrel to just $44 today (Nov. 9)

The World — Including China — Is Unprepared for the Rise of China

Lawrence Summers
Wall Street Journal
For the first time in centuries, China affects the global economy as much as it is affected by the global economy

What to Expect at this Year’s Mega China-Africa Summit

Eric Olander, Cobus van Staden & more
The sixth Forum on China Africa Cooperation (FOCAC) that will be held in December in Johannesburg comes at a critical time in the Sino-African relationship. The combination of China’s slowing economy, a major slump in global commodity prices, and a...

Ailing Europe Looking for 'Chinese Medicine'

Michael Ivanovitch
CNBC
The Chinese have never seen so many European leaders beating their path to Beijing.

Features

10.27.15

Rich Man, Pu’er Man

Christina Larson
“These men always have machetes,” shouts the driver. Through trees along an unpaved road, he spots a ramshackle hut, slows down, and warns his passengers: this is a checkpoint. It’s the only way to enforce rules in this part of the jungle, at the...

In the Race for Africa, India and China Aren’t All That Different

Lily Kuo
Quartz
During the third India-Africa Summit, Indian officials are working hard to differentiate their country from China.

Xi’s Visit to Britain Highlights Broader Shift in Concerns About China

STEVEN ERLANGER
New York Times
The visit to Britain by Xi Jinping is underscoring how European nations are de-emphasizing human rights and security concerns.

A Remote Corner of China Wants Access to the Sea. The Obstacle Is North Korea.

Anna Fifield
Washington Post
You can almost smell the sea air from here, at the point where China, Russia and North Korea meet.

Why China Doesn’t Mind Being Left Out of the Trans-Pacific Partnership

Allison Jackson
Global Post
In case you hadn’t heard, the Trans-Pacific Partnership is a really big deal— unless you're China...

China and Europe May Team Up to Snub TPP

Nyshka Chandran
CNBC
The world's largest trade deal in recent decades may wind up creating high school-esque cliques on the international stage...

Books

10.07.15

Unmade in China

Jeremy R. Haft
If you look carefully at how things are actually made in China—from shirts to toys, apple juice to oil rigs—you see a reality that contradicts every widely-held notion about the world’s so-called economic powerhouse. From the inside looking out, China is not a manufacturing juggernaut. It’s a Lilliputian. Nor is it a killer of American jobs. It’s a huge job creator. Rising China is importing goods from America in such volume that millions of U.S. jobs are sustained through Chinese trade and investment. In Unmade in China, entrepreneur and Georgetown University business professor Jeremy R. Haft lifts the lid on the hidden world of China’s intricate supply chains. Informed by years of experience building new companies in China, Haft’s unique, insider’s view reveals a startling picture of an economy which struggles to make baby formula safely, much less a nuclear power plant. Using firm-level data and recent case studies, Unmade in China tells the story of systemic risk in Chinese manufacturing and why this is both really bad and really good news for America. —Polity Press{chop}

What Does China Think of the TPP?

Shannon Tiezzi
Diplomat
China is taking a wait-and-see approach on the U.S.-led trade deal.

Conversation

10.06.15

What Will the TPP Mean for China?

Barry Naughton, Arthur R. Kroeber & more
On Monday, the U.S., Japan, and ten other countries concluded negotiations on the Trans-Pacific Partnership, or TPP—the largest regional trade accord in history. If approved, the agreement will set new terms for the nearly $28 trillion in trade and...