Trump Trademarks Approved by China

BBC
China has given U.S. President Donald Trump the chance to expand his brand, after approving dozens of applications to register the Trump trademark.

The Tesla China Numbers That Elon Musk Won’t Tell You

Bertel Schmitt
Forbes
More evidence about Tesla’s Big China Bonanza is coming in

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.

China’s Plan to Build Its Own High-Tech Industries Worries Western Businesses

Keith Bradsher and Paul Mozur
New York Times
China has charted out a $300 billion plan to become nearly self-sufficient by 2025 in a range of important industries, from planes to computer chips to electric cars, as it looks to kick-start its next stage of economic development. 

Caixin Media

03.03.17

China’s Legislators Take on Zombie Companies, Real Estate

Curbing wasteful socialist-era business practices and taming unruly real estate and lending sectors will take center stage at the annual meeting of China’s legislature, which starts next week, with some also looking for signs of a pickup in economic...

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}

For China’s Factories, a Weaker Currency Is a Double-Edged Sword

Keith Bradsher
New York Times
For the past three years, China has allowed its currency, the renminbi, to weaken in value compared with the American dollar. Yet the renminbi’s slide has provided only a marginal benefit.

Rags to Riches: Delivery Man Now China’s Third-Richest Billionaire

Sophia Yan
CNBC
Wang Wei, chairman of SF Holding—the FedEx of China—has seen his fortune grow to around $27 billion, according to a Forbes estimate.

Mega-Mansions in this L.A. Suburb Used to Sell to Chinese Buyers in Days. Now They’re Sitting Empty for Months

David Pierson
Los Angeles Times
At $9.8 million, the recently built property is a relative bargain. A similar-sized home in Beijing would cost twice as much. Yet two months after it was placed on the market, the house remains unsold. Not long ago, real estate like this would have...

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. 

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.

China’s New Banking Regulator Chief Faces Daunting Challenges

Bloomberg
China has appointed Guo Shuqing as the new head of the banking regulator, according to people familiar with the matter. Guo, 60, faces daunting tasks ahead as he takes on oversight of the world’s largest banking industry by assets.

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.