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The New Qualification for China’s Tech Elite: Goldman Sachs

Wei Gu
Wall Street Journal
Alibaba affiliate Ant Financial set to hire banker Douglas Feagin, latest in a string of Goldman alumni at Chinese Internet firms.

China Investigates Baidu After Student’s Death From Cancer

Austin Ramzy
New York Times
Chinese regulators have begun an investigation into the Internet giant Baidu due to misleading medical advertising.

Apple No Longer Has Exclusive Rights to The "iPhone" Name in China

Zheping Huang
Quartz
Apple lost a trademark suit against a Chinese company, which now has right to make and sell leather products branded “IPHONE.”

China Wants to Own Small Stake in Web Firms

Li Yuan
Wall Street Journal
The Chinese government’s control over the Internet could get even tighter, with regulators floating a proposal for the state to take 1% stakes in major Chinese Internet.

China Sales Slide Eats Into Apple Revenue

Eva Dou
Wall Street Journal
Revenue from Greater China fell $4.3 billion, but iPhone sales in India picked up.

After Years of Big 3 Dominance, China Is About to Get a Fourth Telco

C. Custer
Tech in Asia
In an unexpected move, CBN is issued a telecom operator license, allowing it to compete with China Mobile, China Telecom, and China Unicom.

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%.

Caixin Media

04.18.16

Chinese Electric Vehicle Manufacturer BYD’s Image Hurt by Scandal Involving Dealer’s Suicide

China’s largest electric vehicle manufacturer, BYD Auto Co., is under intense scrutiny following the death of a Nanjing auto dealer who accused the company of bilking a government subsidy program and a Caixin probe suggesting the charge may have...

China’s Growing Appetite for African Real Estate

Eric Olander, Cobus van Staden & more
Amid a prolonged economic downturn and a weakening yuan, Chinese investors have turned their focus to buying overseas assets. While there are a number of complicated reasons behind the massive capital outflows over the past 18 months, the fact...

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...

Rising in the East

Holly Williams
CBS News
China's film industry has grown so big so fast, that it is now looking to compete with Hollywood...

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’s Homegrown Rival to Uber Valued at Over $25 Billion

Juro Osawa, Kane Wu and Rick Carew
Wall Street Journal
Beijing-based Didi Kuaidi Joint Co. is close to completing its latest funding round to raise more than $1.5 billion.

China Steps up Panama Papers Censorship after Leaders' Relatives Named

Tom Phillips
Guardian
It's dangerous for higher leaders regarding internal party credibility as much as the broader public...

China Says Business Spats with Myanmar Can Be Resolved

Ben Blanchard
Reuters
China is pushing Myanmar's new government to resume the controversial dam scheme through friendly talks...

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...

Conversation

04.06.16

China in the Panama Papers

Andrew J. Nathan, Bill Bishop & more
The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report, part of the analysis by a group of media outlets of more than 11 million documents leaked...

When It Comes to Luxury, China Still Leads

Christopher Horton
New York Times
A younger and more sophisticated generation of shoppers is emerging, who are educated, well-traveled and tech-savvy.

The Rise of Entrepreneurship in China

Edward Tse
Forbes
The entrepreneurial spirit runs deeper than just in business. It manifests itself in the government and in the desires of ordinary people.

Media

04.05.16

Chinese Censors Rush to Make ‘Panama Papers’ Disappear

David Wertime
On April 3, the Washington, D.C.-based non-profit International Committee of Investigative Journalists dropped what struck many as a bombshell: news that a leaked trove of 11.5 million previously secret files from Panama-based law firm Mossack...

China’s Most Aggressive Dealmaker Started at Home, Now Reaches Overseas

Joe McDonald
Associated Press
Ren Jianxin recently offered a $43 billion bid for Swiss agrochemical giant Syngenta.

Depth of Field

04.03.16

Meet ‘Depth of Field’: The Month’s Best Chinese Photojournalism

Yan Cong, Ye Ming & more from Yuanjin Photo
Welcome to ChinaFile’s inaugural “Depth of Field” column. In collaboration with Yuanjin Photo, an independent photo blog published by photographers Yan Cong and Ye Ming on the Chinese social media platform WeChat, we will highlight new and...

A Dull Roar from a Hungry Chinese Lion

Brooke Sutherland
Bloomberg
Chinese construction companies loaded up on machinery as part of a massive stimulus package. With a slowing economy, developers face mountains of debt.

Great Leap Upward: Behind China's $100 Billion Shopping Spree

Matthew Campbell and Jonathan Browning
Bloomberg
It reflects an effort by the government to encourage Chinese companies to gain know-how and market share through foreign transactions.

When China Sneezes, Does Africa Catch a Cold?

Eric Olander, Cobus van Staden & more
Chinese government officials have been on an all-out public relations offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China’s economy may be slowing it will not affect the P.R.C.’s...

Environment

03.29.16

Xinjiang Ban on Glacier Tourism Ignores the Bigger Problem

from chinadialogue
The Xinjiang government has banned tourists from glaciers under the 13th Five-Year Plan in order to try and save the far northwestern province’s fast-disappearing ice caps. Home to China’s largest glaciers, the Xinjiang province has seen its...

China Banks Face Credit Risks from Ties to Wealth Management Products

Leslie Shaffer
While WMPs offer high interest rates, it isn't always clear what assets the funds are buying to finance those payouts...

Media

03.15.16

Taiwan’s New Direction

Eric Fish from Asia Blog
In January, Taiwan’s voters handed the traditionally pro-independence Democratic Progressive Party (DPP) a landslide victory, giving it control of both the parliament and presidency for the first time ever. The victory came at the expense of the...

Caixin Media

03.11.16

With GE Deal, Haier Fulfills an American Dream

A U.S.$5.4 billion deal for General Electric’s home appliance division is about to propel China’s largest appliance maker, Haier Group, into the long-dreamed-for high-end market in America.The sale, announced in mid-January but now awaiting...

U.S. Curbs China's ZTE Exports Over Iran Business Allegations

Joel Schectman and Susan Heavey
Reuters
A new U.S. export restriction against ZTE is likely to disrupt its sprawling global supply chain.

China Could Beat Hollywood by 2017

Bloomberg
The country’s box-office sales are growing an average of 34 percent a year.

China’s Richest Man Wang Jianlin Urges Beijing to Motivate Officials for Economic Growth

Mandy Zuo
South China Morning Post
Wang told an audience at Oxford University that inaction by some officials stemmed from “flaws in systematic design.”

Michelle Yeoh on 'Crouching Tiger 2,' Girl Power, and Anti-China Trump

Jan Yamato
Daily Beast
Crouching Tiger, Hidden Dragon 2 still tells a very Chinese tale.

Conversation

02.23.16

How Long Can China’s Internet Thrive if the Rest of the World Gets Shut Out?

David Schlesinger, Jeff South & more
Last week, Chinese authorities announced that as of March 10, foreign-invested companies would not be allowed to publish anything on the Chinese Internet unless they have obtained government permission to publish with a Chinese partner. What does...

Top Tips from China's Richest Man, Wang Jianlin

Sophia Yan
CNN
His recent book claims to give an inside look into his managerial philosophy and the values that turned his company into a giant conglomerate.

Features

02.18.16

The Bamboo Bicycles of Chengdu

Sascha Matuszak
The shift in how Chinese prefer to get around means salespeople in China have to market bicycles as fashion accessories, rather than as reliable modes of transportation. This is where colorful custom-made fixed gear bicycles come in. Hipsters from...

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,...

Invisible Bridges

Peter Hessler, photo by Davide...
New Yorker
Over the past two centuries, there have been periodic tensions between Russia and China, including some serious border conflicts, and historically Russia has usually held the upper hand. But nowadays, at the personal level, Monteleone notices a...

Infographics

02.08.16

Box Office Success: Money Rules

from Sohu
In 2014, Chinese annual box office earnings exceeded 29 billion RMB. As of July of this year, box office sales had reached 25.9 billion. Chinese films keep smashing box office records, and surpassing 100 million in sales has become a bare minimum.{...

Caixin Media

02.01.16

Tough Times call for Tougher Reform Push

Beijing has has done a good job in terms of industrializing the country but will face unprecedented challenges when dealing with a service-driven economy.

Media

01.29.16

‘The New Yorker’ on China

Jiayang Fan, Peter Hessler & more
Following is an edited transcript of a live event hosted at Asia Society New York on December 17, 2015, “ChinaFile Presents: The New Yorker On China.” (The full video appears above.) The evening, introduced by Asia Society President Josette Sheeran...

Conversation

01.27.16

Is George Soros Right that China’s Headed for a Hard Landing?

Arthur R. Kroeber, Stephen S. Roach & more
On Tuesday in an article headlined, “Declaring War on China’s Currency? Ha ha,” the People’s Daily attacked billionaire investor George Soros for suggesting he might short the renminbi. The Chinese currency has dropped 5.7 percent since August when...

Frenzy for Foreign Condoms in China

Monami Yui
Bloomberg
Chinese consumers are attracted to the “high quality” of Japanese condoms.

Infographics

01.21.16

Visualizing China’s Anti-Corruption Campaign

“Catching Tigers and Flies” is ChinaFile’s new interactive tool for tracking and, we hope, better understanding the massive campaign against corruption that China’s President, Xi Jinping, launched shortly after he came to power in late 2012. It is designed to give users a sense of the scope and character of the anti-corruption campaign by graphically rendering information about nearly 1,500 of its targets whose cases have been publicly announced in official Chinese sources.

Viewpoint

01.21.16

After a Landslide Election, Now Comes the Hard Part for Taiwan's President

William Kazer
Taiwan elected its first woman president on Saturday in a landslide victory that brought a nominally pro-independence party back to power after eight years in opposition.Tsai Ing-wen led her Democratic Progressive Party to a thumping victory,...

Viewpoint

01.15.16

China’s New Development Bank Needs Better Human Rights Protections

Nicholas Bequelin
On January 16, the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) will meet in Beijing to formally launch its operations.A symbol of China’s growing clout on the international scene, the AIIB attracted 57 founding members,...

Conversation

01.13.16

Does Chinese Investment Pose a Threat to Hollywood?

Jonathan Landreth, Stanley Rosen & more
The Wanda Group, China’s leading real estate developer, on Monday paid $3.5 billion for a controlling stake in Hollywood studio Legendary Entertainment, maker of Jurassic World, among other global blockbusters. At a time when Hollywood is...

China’s Obsolete Economic Strategy

The Editorial Board
New York Times
China has changed dramatically over 30 years, and command-and-control economic management will not produce the results of the past.

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.

Media

01.07.16

Assessing China’s Plan to Build Internet Power

Scott D. Livingston
When the Chinese Communist Party targeted clean energy in its 11th Five Year Plan (2006-2010), the resulting investment spree upended the global clean energy market almost overnight. Now, as China approaches its 13th Five Year Plan, a new policy...

China's Wanda Acquiring Controlling Stake in Legendary Entertainment

Patrick Brzesk and Borys Kit
Hollywood Reporter
Wanda aims to be a global entertainment giant, buying the No. 2 U.S. cinema chain AMC for $2.6B in 2012.

China's Markets—A Sharp Reminder on Reform

Australian Financial Review
The old command model has reached its limits: if China wants things to stay the same, it will have to change. 

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...

Dow Plunges After Rout in Chinese Market

Dan Strumpf and Christopher Whittall
Wall Street Journal
Weak economic data in China spurs global selloff, while Shanghai Composite declines nearly 7%.

After Mysterious Disappearance, Hong Kong Publisher Claims He Is In China ‘Cooperating with Authorities’

Simon Denyer
Washington Post
Lee Bo specializes in books critical of the Communist Party.

China Selloff Sparks Gloomy 2016 Start for Stocks

Herbert Lash
Reuters
A 7 percent slide in Chinese shares, sparked by weak economic data, rekindled worries over global growth on day one of 2016 trading.

Greece-Sized China Outflows Highlight Policy Maker Challenge

Enda Curran
Bloomberg
Investors are rushing money out of China as yuan weakens to lowest point since August.

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