Chinese Private Security Companies Go Global

Charles Clover
Financial Times
Beijing’s protection industry looks after workers in the most dangerous places

China Bankruptcy Cases Surge as Economy Slows

Tom Hancock
Financial Times
Rise in liquidations reflects growing role for courts in tackling ‘zombie’ companies

China’s Twitter Clone Will Soon Have More Users Than Twitter

Zheping Huang
Quartz
While Twitter is going through some rough times, Weibo, which went public in the U.S. in 2014, is thriving. In fact Weibo is on track to surpass its U.S. counterpart in one of the key metrics for social media platforms: monthly active users.

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.

Why Is EBay Returning to China?

Adam Minter
Bloomberg
EBay recently announced that it’s partnering with Ningbo, a major port and manufacturing hub, to help boost the city’s e-commerce with the rest of the world. That’s a farsighted move.

Conversation

02.23.17

Can China Expand its Beachhead in Hollywood?

Stanley Rosen, Ying Zhu & more
With The Great Wall, a classic army vs. monsters tale, director Zhang Yimou has brought America the most expensive Chinese film ever created. The movie may be backed by a Hollywood studio and it may star no less an American icon than Matt Damon, and...

China Is Warning Lotte Group against Letting a Korean Golf Course Become a Missile Defense Site

Josh Horwitz
Quartz
China’s has a new target amid its ongoing economic retaliation against South Korea—the country’s fifth-biggest conglomerate

Depth of Field

02.16.17

Riding into the New Year

Yan Cong, Ye Ming & more from Yuanjin Photo
As preparations for the Chinese New Year got underway, Liang Yingfei set up a roadside studio and asked migrants traveling home by motorbike to stop for a quick photograph. While in Cambodia for the Angkor Photo Festival & Workshops, Jia...

Conversation

02.16.17

Can China Become a Leader of Innovation?

Jost Wübbeke, Yu Zhou & more
China’s ambitious high-tech strategy is raising alarm in industrialized nations. From American and South Korean chipmakers to German car and machine manufacturers, some industry leaders expect the imminent arrival of strong Chinese competitors. Does...

Live-Streaming in China Now Requires a Broadcast License If You’re Not a Citizen

Yvette Tan
Mashable
Live streaming is taking off in China, but foreigners won’t be able to join in the fun.

Why It Matters That Bill Gates Joined China’s Super App WeChat

Jordyn Dahl
Forbes
Microsoft founder Bill Gates is the newest member of WeChat, China’s most popular messaging app.

China’s Artificial Intelligence Boom

Sarah Zhang
Atlantic
The country’s universities and tech giants are starting to surpass American ones when it comes to researching and implementing AI.

China Bird Flu Deaths Surge in What Could Be the Worst Season Ever

Reuters
As many as 79 people died from H7N9 bird flu in China last month, the government said, stoking worries that the spread of the virus this season could be the worst on record.

Why Chinese People Won’t Boycott Trump Fashion

BBC
In a week that saw a political storm after Nordstrom dropped Ivanka Trump fashion lines and reports in the U.S. media that her younger sister Tiffany Trump was “shunned” at New York Fashion Week, there was one unlikely win for the first family.

China’s Top Football Team Vows to Phase out Foreign Players

Ben Bland
Financial Times
Fans worry beautiful game could lose luster if Guangzhou Evergrande makes good on pledge

In China, a Lonely Valentine’s Day for Millions of Men

Didi Kristen Tatlow
New York Times
That’s because China’s gender gap remains huge. There were 33.59 million more men than women in China in 2016, according to figures from the country’s National Bureau of Statistics that were issued last month 

U.S. Eyes New Tactic to Press China

Bob Davis
Wall Street Journal
Currency strategy would avoid singling out country in bid to avoid break in relations 

Inflation in China Is Heating Up Fast

David Scutt
Business Insider
Chinese inflationary pressures went up a cog in January, led by another enormous surge in producer price inflation (PPI). 

Chinese People Are Buying All Kinds of Desperate Remedies to Protect Themselves from Smog

Charlie Campbell
Time
Air purifiers, meanwhile, are becoming cheaper and more efficient. Chinese tech firm Xiaomi leads the way with its Mi Air Purifier Pro, boasting a dual-fan, dual-motor system with ”high-precision laser sensor.” 

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...

China Accused of Undermining Drive to Cut Steel Capacity

Charles Clover and Lucy Hornby
Financial Times
China’s cuts in steel capacity last year primarily targeted mills that were already idle, doing little to reduce the exports that have fueled trade tensions or address the blight of toxic smog, a study has found. ...

How Chinese Internet Giant Baidu Uses AI and Machine Learning

Bernard Marr
Forbes
Baidu is currently considered to be pack leader amongst the Chinese internet giants as they race to develop and deploy machine and deep learning technology.

China’s Weibo Eclipses Rival Twitter’s Market Capitalization

Louise Lucas
Financial Times
Shares rally on back of Chinese social platform’s ability to monetize subscriber base

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...

Conversation

02.10.17

Did Xi Just Outmaneuver Trump?

M. Taylor Fravel, Isaac Stone Fish & more
On the evening of February 9, U.S. President Donald Trump had what the White House described in a terse readout as a “lengthy” and “cordial” telephone conversation with Chinese President Xi Jinping. That alone is newsworthy, as the...

Plan for $10 Billion Chip Plant Shows China’s Growing Pull

Paul Mozur
New York Times
On Friday, the California-based chip maker GlobalFoundries announced a $10 billion project in China, showing how the center of gravity continues to shift across the Pacific.

China’s Quota on Hollywood Film Imports Set to Expand, State Media Says

Patrick Brzeski
Hollywood Reporter
After an “extremely cordial” call between President Trump and Chinese leader Xi Jinping, a government-backed news outlet projected an expansion to China’s film quota and a greater share of box-office revenue for Hollywood studios.

Here Are Five Ways China’s New Silk Road Is Good for Western Companies

Alex Capri
Forbes
China’s One-Belt-One-Road initiative is the most ambitious infrastructure project in history. Referred to as “OBOR,” this immense network of planned highways, railways, energy grids and port facilities will create economic corridors between 65...

China’s Transgender Oprah

Economist
As an army colonel who became a woman, she exemplifies a society in flux

EU to Phase out China Solar Panel Duties Read

Star Online
The EU said Wednesday it aimed to phase out anti-dumping duties on Chinese solar panel imports after 18 months, ending a bitter dispute with one of its largest trading partners.

‘Irrational’ Coal Plants May Hamper China’s Climate Change Efforts

Edward Wong
New York Times
A certain coal plant near the rugged Kazakhstan border and others like it undermine China’s aim of being a global leader on efforts to limit climate change.

Joyous Africans Take to the Rails, With China’s Help

Andrew Jacobs
New York Times
China, which designed the system, supplied the trains and imported hundreds of engineers for the six years it took to plan and build the 466-mile line. And the $4 billion cost? Chinese banks provided nearly all the financing.

China’s Shipbuilders Go From Boom to Rust

Trefor Moss
Wall Street Journal
Shipyards across China are being driven out of business by weak global demand for new ships

How China Lost $1 Trillion

Keith Bradsher
New York Times
It’s a lot of money—but it’s shrinking.

China Protests U.S. Sanctions on Iran, but Sees ‘Clouds of War’ Dispersing over South China Sea

Simon Denyer
Washington Post
China said Monday it had lodged a formal protest with the United States over a decision to impose new sanctions targeting Iran, which affected a handful of Chinese companies and individuals.

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.

China’s Intelligent Weaponry Gets Smarter

John Markoff and Matthew Rosenberg
New York Times
The Pentagon’s plan to bring A.I. to the military is taking shape as Chinese researchers assert themselves in the nascent technology field.

Disappearance of Chinese Billionaire Alarms Financial Sector

Yifan Xie and Josh Chin
Wall Street Journal
Xiao Jianhua is one of several high-profile Chinese businessmen to go missing since China’s 2015 stock-market crash

Ivanka Trump Effect: New Year Wishes from President’s Daughter Welcomed in China

Benjamin Haas
Guardian
Beijing media says visit to embassy in U.S. could help ‘balance president’s harsh posture’ but relationship with Washington remains strained

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.

China Tightens Monetary Policy by Raising Money Market Rates

Bloomberg
China’s central bank tightened monetary policy by raising the interest rates it charges in open-market operations and on funds lent via its Standing Lending Facility as it shifts to reining in asset prices and inflation.

Chinese Tourism to Africa Is Up, but Travel Companies Are Wary

Eric Olander, Cobus van Staden & more
Africa is becoming an increasingly popular holiday destination among adventure-seeking Chinese tourists. The number of visitors who went to Africa in 2016 was up sharply due to looser visa restrictions and new direct flights between China and...

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...

China Labor Unrest Spreads to ‘New Economy’

Hudson Lockett
Financial Times
Retail and logistics sectors hit by strikes and protests once focused on industry

Why Foreign Companies Are Shutting Shop in China

Jane Li
South China Morning Post
Sony Electronics, Marks & Spencer, Metro, Home Depot, Best Buy, Revlon, L’Oreal, Microsoft, and Sharp—some of the big names to have closed Chinese operations

The Life of a Football Coach in China

Matt Stanger
Guardian
After impressing in Taiwan and the Philippines, Matt Ward moved to Shanghai Shenxin, where he gained ‘all the experience you need to deal with anything’

China Is Facing a Catch-22 Dilemma

Jacob Shapiro
Business Insider
A subsidiary of the Industrial and Commercial Bank of China (ICBC) has recently reached deals with seven Chinese state-owned enterprises to convert about 60 billion yuan ($8.7 billion) of unpaid loans into equity shares.

Apple Renaissance in China Key for iPhone 8 Success but It Faces a Tough Road Ahead

Arjun Kharpal
CNBC
Apple’s fiscal first quarter results showed a bit of stabilization in China and “record revenues” in India, according to CEO Tim Cook, but the U.S. technology giant still faces challenges in these emerging but increasingly “critical” markets.

Philippines’ Duterte Asks China to Patrol Piracy-Plagued Waters

Reuters
Philippine President Rodrigo Duterte on Tuesday said he had asked China to help in the fight against Islamic State-linked militants by sending ships to patrol southern waters plagued by raids on commercial vessels.

For Couriers, China’s E-Commerce Boom Can Be a Tough Road

Ryan McMorrow
New York Times
The Chinese e-commerce industry has been built on the backs of couriers—called kuaidi, or express delivery, in China. They number 1.2 million, and online retailers like Alibaba use them to zip packages to customers by scooter or three-wheeled...

Facebook Is Trying Everything to Re-Enter China—and It’s Not Working

Alyssa Abkowitz, Deepa Seetharaman,...
Wall Street Journal
Since regulators blocked the service in 2009, CEO Mark Zuckerberg has hired well-connected executives, developed censorship tools and taken a ‘smog jog’ in Beijing—but the company has made no visible headway.

With Pen Plan, China Etches Nationalist Economic Policy

Chuin-Wei Yap
Wall Street Journal
New ability to manufacture pen nibs gives China ability to produce whole pen—and a point of pride

Apple iPhone Toppled from No. 1 Spot in China for the First Time in 5 Years Making Firm ‘Vulnerable’: Research

Arjun Kharpal
CNBC
Apple’s iPhone has failed to clinch the title for the top selling smartphone in China for the first time since 2012, making the U.S. technology giant “vulnerable” in the world‘s second-largest economy

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...

Chinese Send Fake Trump Tweets as Jokes, New Year Wishes

Associated Press
In China, Twitter is blocked but fake tweets by @realdonaldtrump look set to become the latest internet sensation.

Books

01.23.17

China as an Innovation Nation

Edited by Yu Zhou, William Lazonick, and Yifei Sun
This volume assesses China’s transition to innovation-nation status in terms of social conditions, industry characteristics, and economic impacts over the past three decades, also providing insights into future developments.Defining innovation as the process that generates a higher quality, lower cost product than was previously available, the introductory chapter conceptualizes the theory of an innovation nation and the lessons from Japan and the United States. It outlines the key governance, employment, and investment institutions that China must build for such transition to occur, and examines China’s challenges and strategies to innovate in the era of global production systems. Two succeeding chapters explain the evolving roles of the Chinese state in innovation, and the new landscape of venture capital finance. The remaining chapters provide studies of major industries, which contain analyses of the evolving roles of investment by government agencies and business interests in the process. Included in these studies are traditional industries such as mechanical engineering, railroads, and automobiles; rapidly evolving and internationally highly integrated industries such as information-and-communication-technology (ICT); and newly emerging sectors such as wind and solar energy.Written by leading academics in the field, studies in this volume reveal Chinese innovation as diverse across industries and enterprises and fluid over time. In each sector, we observe continued co-evolution of state policy, market demand, and technology development. The strategies and structures of individual companies and industrial ecosystems are changing rapidly. The sum total of the studies is a great step forward in our understanding of the industrial foundations of China’s attempt to become an innovation nation. —Oxford University Press{chop}

Forget Xi’s ‘Defense’ of Globalization. China Just Fortified the Great Firewall.

Emily Rauhala
Washington Post
Over the weekend, China announced a new, year-long crackdown on “unauthorized Internet connections.”

China’s Growing Obesity Problem

Benjamin Shobert
Forbes
A recent study published shows that China can now lay claim to having a greater percentage of obese men and women than in the United States.

China Swings back at Golf, Shutting down 111 Courses

Normaan Merchant
Associated Press
China has launched a renewed crackdown on golf, closing 111 courses in an effort to conserve water and land, and telling members of the ruling Communist Party to stay off the links.

China’s Economy Grows Strongly, Yet Central Bank Eases Policy

Keith Bradsher
New York Times
China’s economy firmly hit its growth target last year, but this is China, where figures are sometimes doubted and where economists look for signs of strain underneath the numbers.