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China’s AIIB and OBOR: Ambitions and Challenges

Zhiqun Zhu
The two ambitious projects have become an integral part of Chinese diplomacy.

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

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

China Turns Firepower to Soft Power to Try to Win Tiny Taiwan-held Island

"In Kinmen, we can do what Taiwan can't, what Taiwan doesn't dare do."...

China and Europe May Team Up to Snub TPP

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



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


Date Title Topics/Keywords
10.7.15 Unmade in China
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...
Business, Economy, Environment, Health, Politics
10.6.15 What Will the TPP Mean for China?
Barry Naughton, Arthur R. Kroeber, Guy de Jonquières, Graham Webster, Robert Kapp, Yoichi Funabashi
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...
Business, Economy, History, Law, Politics
10.5.15 Are the Good Times Over for China and Africa?
Eric Olander, Cobus van Staden, Thembinkosi Gcoyi
One of the prevailing media narratives of China’s recent economic turmoil is the effect that it could have on emerging markets, particularly in Africa. Now that the Chinese economy is showing real signs of slowing, the story goes, Beijing will soon pull...
Business, Economy
10.1.15 U.S. Presidential Candidates on China
As American primary season gets into full swing, China has already become a target for candidates in both parties, a phenomenon that continues a pattern established in the past U.S. presidential elections. This year, 54 percent of Americans held an...
Business, Economy, Environment, Media, Military, Politics
10.1.15 How China’s Economic Slowdown Will Impact Africa
Eric Olander, Cobus van Staden
The tremors in China’s faltering economy are being felt across Africa. Now that China has replaced Europe and the United States as most African countries’ largest trading partner, there is understandable concern that slowing demand in the P.R.C. will be...
09.30.15 The Future of Autonomy in Hong Kong
David Schlesinger, Denise Y. Ho, Ho-fung Hung, Samson Yuen, Alvin Y.H. Cheung, Edmund Cheng, Sebastian Veg
Yesterday, the governing board of Hong Kong University, one of the territory’s most esteemed institutions of higher education, voted to reject the promotion of Johannes Chan, a former law school dean, over the objections of the faculty and students who...
Business, Economy, History, Law, Politics
09.28.15 Xi and Obama Should Make a BIT Breakthrough
President Xi Jinping has begun his first state visit to the United States to meet U.S. President Barack Obama in what state councilor and former foreign minister Yang Jiechi has called “a pivotal meeting at a critical time.”Xi arrived in the United...
Business, Economy, Law, Politics
09.22.15 Xi Jinping’s Message to America
Taisu Zhang, Graham Webster, Orville Schell, David Shambaugh, Andrew J. Nathan, Kevin Rudd, Winston Lord, Bonnie S. Glaser, Yaqiu Wang, Vincent Zhu, Yanmei Xie
China’s President Xi Jinping addressed an audience of more than 700 American businesspeople in Seattle on Tuesday evening on the first stop on his first state visit to the United States. Regular ChinaFile Contributors who watched the speech offer their...
Economy, Environment, History, Media, Politics, Technology
09.22.15 Chinese Contractor Finds Project in Bahamas Is No Day at Beach
A giant luxury resort planned on a beach outside the Bahamas’ capital, Nassau, that is supposed to be a showpiece to help China’s largest construction company tap the U.S. market has become a headache for both its builder and a lender.The resort was...
Business, Economy, Environment, Law, Society
09.16.15 What Would New Breakthroughs on Climate Change Mean for the U.S.-China Relationship?
Junjie Zhang, Joanna Lewis, Li Shuo, Angel Hsu, Barbara A. Finamore, Fei Teng, Jim Williams, Fredrich Kahrl
With just over a week to go before Chinese President Xi Jinping begins his first State Visit to the United States, there is much evidence to suggest that bilateral action to fight climate change is an area most ripe for meaningful Sino-U.S. cooperation....
Business, Economy, Energy, Environment, Law, Politics, Technology
09.15.15 Stock Market Volatility Is Not a Harbinger of Collapsing Growth
It would be a sad end to an amazing story. An economic miracle—one that lifted 300 million people from poverty and shifted the world's economic center of gravity—collapsing under the weight of risky investments and a financial crisis.This seems to be the...
Business, Economy, Politics, Society
09.4.15 South Africa’s Inexplicable Love Affair with China
Eric Olander, Cobus van Staden, Phillip de Wet
While the recent economic turmoil in China is prompting a number of African countries to reconsider their growing economic dependence on the People’s Republic of China, not so in South Africa. Both the government and the ruling African National Congress...
09.3.15 Chinese Web Users Aren’t Blaming Detained Journalist for Market Panic
Bethany Allen-Ebrahimian
China’s stock markets have been in free-fall for some time. Now, so is a financial journalist who had the temerity to write about them. On August 31, Chinese journalist Wang Xiaolu confessed on state-run China Central Television (CCTV) to writing a July...
Economy, Media
09.2.15 The China Economy: What Lessons for Africa?
Eric Olander, Cobus van Staden, Daouda Cissé
When African policy makers scan the globe in search of inspiration on how to structure their economies, that search often leads to Beijing. Not surprisingly, African leaders look at what China has done over the past 30 years where it went from being a...
08.27.15 China’s Disruptors
In September 2014, Chinese e-commerce giant Alibaba raised $25 billion in the world’s biggest-ever initial public offering. Since then, millions of investors and managers worldwide have pondered a fundamental question: What’s really going on...
Business, Economy, History, Politics, Technology
08.26.15 Mapping Fallout From ‘Black Monday’: Who Was Hardest Hit?
David Wertime
August 24, which some have already dubbed “Black Monday,” was not a kind day to global equity markets. The rout began with a massive sell-off in China, where the benchmark Shanghai Composite Index plunged 8.49 percent in just one day. Those losses echoed...
Economy, Media
08.25.15 Is the Bloom Off the Rose of China’s Economic Miracle?
Arthur R. Kroeber, David Schlesinger, Fred Hu, Derek Scissors
On Monday, August 24, the Shanghai Composite Index dropped 8.5 percent, its second such steep fall since late July, and its worst since 2007. On Tuesday, stocks fell an additional 7.6 percent. The steep slide translates into more than $4 trillion in...
Business, Economy, Law, Politics
08.25.15 Chinese Investment in Africa: Surprisingly Small, but Growing Fast
Eric Olander, Cobus van Staden, David Dollar
It’s a widespread misconception that just because China is Africa’s top trading partner, it’s also the continent’s largest foreign investor. In fact, China ranks seventh overall in FDI, far behind the United States, long Africa’s largest source of...
08.24.15 How to Solve China’s Currency Parity Puzzle?
Boosting exports, controlling outbound capital flow and supporting the Chinese currency’s bid for Special Drawing Rights (SDR) status are just some of the reasons cited by analysts for the yuan's unexpected devaluation in mid-August.The yuan lost about 3...
Business, Economy, Law, Politics
08.20.15 Is China About to Plunge the World Into Recession?
David Wertime
On Aug. 18, China’s stock market plummeted by a vertigo-inducing 6.2 percent in one day of trading, part of a months-long decline that’s erased over $3 trillion worth of market value from the country’s equity markets. That followed last week’s surprise...
Business, Economy, Politics