Soft Power: China's Wanda Eyes U.S. Hotel, Movie Deals

Terrill Yue Jones
Reuters
Wanda, the world's No 1 movie theater owner, is planning a $10 billion spending spree to make Hollywood film co-productions and buy and build hotels in U.S. cities. ...

China Overtaking U.S. as Global Trader

Joe McDonald and Youkyung Lee
Associated Press
In just five years, China has surpassed the U.S. as a trading partner for much of the world.  The first story in new Associated Press series on "China's Reach."...

Mr. China Comes to America

James Fallows
Atlantic
Near the end of this year’s second presidential debate, Candy Crowley of CNN pointed out that iPads, iPhones, and other globally sought-after Apple products are all made in China. What would it take, she asked both Mitt Romney and Barack...

French Firms Must Fight China for Stake in Africa -- Moscovici

Joe Bavier
Reuters
Finance Minister says France must go on the offensive and fight the growing influence of China for a stake in Africa's markets...

China Will Top U.S. as Biggest Film Market in the World by 2020: Study

Clarence Tsui
Hollywood Reporter
Box office haul in China, which now stands as the second-largest film market in the world after Japan, will surpass that in the U.S. by 2020, according to Ernst & Young.

Is Capital Flight Taking Place in China?

Tan Shibo and Chen Long
Institute for New Economic Thinking
Some analysts argue that China's tremendous capital outflow implies many people are losing confidence in China’s economy...

China at Center of Global Illegal Timber Trade, NGO says

David Fogarty
Reuters
China's $4 billion annual timber appetite is driving illegal trade and stripping African and Asian forests and fuelling conflict, the Environmental Investigation Agency says...

State Meddling Stifles China's Film Industry

Didi Kirsten Tatlow
New York Times
The release of Lu Chuan's latest film was delayed until after the recent leadership transition. The film depicts the bloody machinations of the first Han emperor's wife...

China's Ping An Eyes Legal Action after NYT Report on Leader's Family Wealth

Reuters
Reuters
Chinese Insurance giant said recent media coverage contained "serious inaccuracies, facts being distorted and taken out of context." ...

China WIll Build the Tallest Building in the World in Just 90 Days

Jesus Diaz
Gizmodo
Sky City and its 2,749 feet distributed over 220 floors will grow in just 90 days in Changsha city, at the rate of five floors per day.

Environment

11.15.12

China’s Low-Carbon Zones Lack Motivation, Guidance, and Ideas

from chinadialogue
None of China’s so-called low-carbon industrial zones currently live up to the name. That’s the conclusion to draw from the work of the U.S. Institute for Sustainable Communities (ISC), which this year released a guide for the development of green...

Opinion: Don't Expect Radical Reforms in China

Michal Meidan
Financial Times
If Li Keqiang walks on stage second it will suggest the premier post has been upgraded to a position of greater political clout.

China's Loans Unexpectedly Fall as Money Supply Misses Forecast

Zheng Lifei, Nerys Avery
Bloomberg
Central Bank governor warns China is still deal with the effects of five years of financial crisis overseas.

Caixin Media

11.12.12

Weighing Risks Amid a Wealth Management Boom

Is China’s wealth management business a booming profit volcano for investors, or just another smoke-and-mirrors pyramid scheme?It’s a question dividing the nation’s bankers and banking regulators as investors of all kinds pour cash into bank-...

China Film Regulator: Don't Blame us for Hollywood Hiccups

Laurie Burkitt
Wall Street Journal
Beijing says it was the market that decided to bar imported films from domestic cinemas this summer, not film regulators.

China, at Party Congress, Touts its Cultural Advances

Ian Johnson
New York Times
Party guidance is the "soul” of China's moves to privitize and promote industries that can spread soft power abroad. ...

China to Launch New Manned Spaceship in 2013-Xinhua

Aileen Wang and Nick Edwards
Reuters
The launch marks a step forward in Beijing's ambitions for a bigger space presence, including construction of a space station by 2020...

Two Rising China Leaders Say Open to Wealth Declarations

John Ruwitch
Reuters
After report on Wen Jiabao's "hidden riches," Guangdong and Shanghai party bosses said officials will eventually have to declare assets...

China's Economy to Overtake U.S. Economy in Four Years, Says OECD

Jospehine Moulds
Guardian
A Paris-based think tank said China's economy will be larger than the combined eurozone economies by year's end and will overtake the US by the end of 2016...

Viewpoint

11.09.12

Pragmatism and Patience

Hamid Biglari
Hamid Bilgari, Vice Chairman of Citicorp, the strategic arm of Citigroup, is a leader in international investment banking. Bilgari says that pragmatism and patience are the dominant qualities exhibited by cultures facing major change, such as...

Debating China’s Economic Future

Nicholas Lardy and Michael Pettis
Wall Street Journal
Is China’s economic growth destined to plunge down to 3% to 4% a year, or can it be sustained in the current 7% to 8% range? China Real Time has asked heavyweight experts Michael Pettis of Peking University and ...

China Leads in Foreign Direct Investment

Jack Perkowski
Forbes
China reclaiming from the FDI leadership had as much to do with the fall off in FDI into the U.S. as it had to do with events in China.

When Madison Met Handan – A Tale of Two Cities

Dinny McMahon and Carolyn Cui
Wall Street Journal
It’s unlikely that many of the 60 Chinese investors who visited Madison in September had heard of the Wisconsin state capital and home of the University of Wisconsin Badgers before agreeing to visit the U.S. Similarly the city of Handan, the Chinese...

Media

11.02.12

Chinese Movie Mogul Promises New Party Leaders Will Open Market to Hollywood

Jonathan Landreth
A wise old cartoon turtle in Kung Fu Panda advises Po, the portly black and white star of the 2004 DreamWorks Animation blockbuster film, not to fret about honing his fighting skills, but rather to focus on the moment and do his...

Postcard

10.30.12

Wenzhou’s Italian Uncles

Ilaria Maria Sala
0039 Ristorante Italia sits in the middle of West Jiangbin Street, one of many long and large stretches of concrete that cross Wenzhou east to west, parallel to the Oujiang River, running next to some of the city’s visible wealth—in the form of...

Viewpoint

10.29.12

Hollywood Film Summit Draws Chinese Movie Moguls

Jonathan Landreth
LOS ANGELES—Hollywood and Chinese movie makers and industry hangers-on will gather Tuesday at the third annual Asia Society U.S.-China Film Summit on the campus of the University of California, Los Angeles.At a gala dinner Tuesday night, organizers...

Caixin Media

10.26.12

Below-Belt Blows in Kungfu Restaurant Battle

The crestfallen former chairman of fast-food restaurant giant Kungfu Catering Management Co. Ltd. is awaiting a verdict after a trial on corporate embezzlement charges apparently instigated by his former business partner’s wife.If Cai Dabiao is...

China Condemns NYTimes Wen Jiabao Wealth Story as 'Smear'

John Sudworth
BBC
Beijing said the report that Wen's family has "controlled ... at least $2.7bn" had "ulterior motives."...

Billions in Hidden Riches for Family of Chinese Leader

David Barboza
New York Times
Wen Jiabao's son, daughter, younger brother and brother-in-law have become extraordinarily wealthy during his leadership. ...

'Iron Man 3': First Footage Reveals New Villian, No China

Julie Makinen
Los Angeles Times
Much touted Disney-Marvel film co-production with Beijing-based studio DMG may ring hollow.

Better Ways to Deal with China

Eduardo Porter
New York Times
Pushing China around like a bulked-up version of 1980s Japan doesn't fit a long-term U.S. objective: drawing China into the club of prosperous, rule-bound and democratic nations...

China's Consumer-led Growth

S.C.
Economist
Official data show that consumption contributed over half of China's growth so far this year, more than investment's contribution...

China Is Wary of U.S. Candidates’ Tough Talk

Jane Perlez
New York Times
Concern among Chinese officials, executives and academics is growing that U.S. attidudes toward China won't cool post-Election Day...

Caixin Media

10.19.12

Tapping into Crowd Power with Website Finance

Investing like an angel now costs no more than an average duck dinner in Beijing.The force driving China’s growing ranks of small-scale angel investors are crowdfunding websites, which offer individuals access to business financing pools for as...

Foxconn Workers Have Fun Sometimes

James Fallows
Atlantic
James Fallows' pics from inside a Chinese factory making many famous Western electronic brands...

U.S. Presidential Debate Sees Candidates Flex China Muscle

Liu Jie
Xinhua
Although the yuan rose nearly 30 percent since 2005, U.S. politicians are still taking jabs at China's currency regime. ...

Analysis: Lost in Debate - Reality of U.S.-China Ties

Associated Press
U.S. presidential politics vilifying China obscures how deeply entwined the two countries have become. 

Economists Predict Slower Growth for China

Rob Schmitz
Marketplace
Tsinghua University economist Patrick Chovanec thinks China’s actual GDP growth is around four percent.

China and Its Trade Tactics are Coming to the Debates

Sharon LaFraniere
New York Times
China's economic relations with U.S. could feature hotly in next Presidential debate...

Chinese Netizens Debate the Merits of Owning a Luxury Car

Rachel Lu
One couple asks if they can own a BMW on a combined income of $2,100 a month.

Environment

10.16.12

Chinese Boycott Airline China Southern After Mysterious Death of Dog

from chinadialogue
On the morning of October 10, a high-profile lawsuit against China Southern, one of China’s “big three” airlines, opened at Chaoyang People’s Court in Beijing. The plaintiffs? Zhao Nan and Chen Lei, a couple from Tianjin, north China, who blame the...

China Now Eats Twice As Much Meat as the United States

Malcolm Moore
Telegraph
Chinese demand for meat has quadrupled over 30 years and the nation now eats a quarter of the world supply.

American Politics and Chinese Data

Bill Bishop
Deal Book
In the midst of increasingly heated election rhetoric about China, Beijing has released some important economic data as its currency hits record highs. Both Mitt Romney and his running mate, Paul D. Ryancriticized...

China in Hollywood, Hailed and Investigated

Michael Cieply
New York Times
Movie mogul Han Sanping soon will receive an Asia Society award even as U.S. investigators' continue to question Hollywood studios' dealings with Han's company...

China Economic Figures Shore Up Global Markets

Kelvin Chan
Associated Press
Markets rose Monday on news of China's Sept. inflation falling to 1.9 percent from 2 percent in Aug. ...

Oxford Stars Building New China Center

JOYCE LAU
New York Times
Oxford University breaks ground on Dickson Poon China Center, with £10 million from Hong Kong philanthropist.

NBA Plans Basketball Facility in China

The Associated Press
Associated Press
The 120,000-square foot NBA Center in Tianjin port near Beijing will house basketball courts, a fitness center and a restaurant and be part of a mixed-use development with housing for 150,000.

Ryan Criticizes Obama Administration China Policy

Thomas Kaplan
New York Times
Romney Republican running mate slams President for delaying report on currency manipulation. 

Reports

10.12.12

Chinese Direct Investment in California

Daniel H. Rosen and Thilo Hanemann
Daniel H. Rosen
Asia Society
To build the case for a robust response to these opportunities and looming risks, this report analyzes Chinese investment in California in depth, mining a unique database for insights about California’s comparative advantages, the Chinese firms most...

Forbes China 100 Richest List

Russell Flannery
Forbes
Forty-five of China’s 100 biggest fortunes slipped from last year’s FORBES ASIA Richest List. 

Features

10.11.12

Will Mo Yan’s Nobel Prize Finally Mean Better Book Sales Abroad?

Jonathan Landreth
Literature in translation in the United States has wide but shallow roots, making English language stars out of the likes of Gabriel Garcia Márquez and Haruki Murakami, but leaving most of China’s writers struggling to take hold. Now, veteran...

Noda Calls for China Talks as Island Spat Threatens Growth

Matthew Winkler, Isabel Reynolds and...
Bloomberg
PM calls for talks to contain economic damage from dispute with Japan's No. 1 trade partner...

Over A Distressed Europe, It's Super China To The Rescue

Kenneth Rapoza
Forbes
China is considering lending even more money to bail out the region’s recessionary economies.

Five Points on the Deeply Flawed U.S. Congress Huawei Report

Graham Webster
Transpacifica
Chinese telecomms firms painted as shady, but evidence to back up allegations is hidden in report's classified sections...

DreamWorks to Make 2-3 Films a Year in China, Eventually

Georg Szalai
Hollywood Reporter
"Kung Fu Panda" creators will ramp up a partnership with Chinese state-run media funds, slowly...

As Romney Repeats Trade Message, Bain Maintains China Ties

Sharon LaFraniere and Mike McIntire
New York Times
China-related holdings by funds in which Mr. Romney has invested are a reminder of how he inhabits two worlds. 

What Han Han's App Means for Chinese Censorship

Liz Carter
By publishing "The One" as an iPhone app, China's superblogger bypassed the State Administration of Radio Film and Television...

Environment

10.09.12

Top Clothing Brands Linked to Water Pollution Scandal in China

from chinadialogue
China is the major hub of the international textile industry, exporting US$200 billion worth of textile and apparel products in 2010—accounting for 34 percent of global exports.It’s provided cheap T-shirts and other clothes to people around the...

Foxconn Labor Disputes Disrupt IPhone Output for 2nd Time

Alexandra Ho and Tim Culpan
Bloomberg
Foxconn Technology Group, the assembler of Apple Inc. (AAPL) iPhones, had to stop production for the second time in as many weeks after factory-line workers at one of its plants protested against increased pressure.