China’s Top Taiwan Official to Make First Visit to Island

Ben Blanchard and Michael Gold
Reuters
China’s top official in charge of relations with Taiwan will make his first visit to the island later this month, state media said, following large-scale protests there against a controversial trade pact.

The World Cup: Brought to You by One of China's Greenest Corporations

Simeon Tegel
Global Post
Yingli's got solar panels, and Latin America's got sun. Hey, perfect match...

China Now Has More Millionaires Than Any Country but the U.S.

Jason Chow
Wall Street Journal
China had 2,378,000 millionaire households in 2013, a rise of 82% from the previous year and almost double the 1,240,000 millionaire households in Japan, according to the Boston Consulting Group Global Wealth 2014 report unveiled on Tuesday.

China Auto Sales Rise But Domestic Brands Lag

Joe McDonald
Sacramento Bee
Sales in the world's biggest auto market accelerated in May but domestic Chinese brands lagged and their market share shrank, an industry group reported Tuesday...

China’s Real Estate Downturn Spells Trouble for Global Economy

Chengcheng Jiang
Time
The world's largest trading nation's economic growth remains heavily dependent on property, meaning a sharp downturn in that sector would be felt across Asia and beyond...

How “Rogue” Is China's Aid?

Cullen S. Hendrix and Marcus Noland
Washington Post
Moisés Naím has called Chinese development assistance “rogue aid,” claiming that it is nondemocratic and harmful to progress and to average citizens.

Commentary: China, India Strategic Partners, not Rivals

Chen Shilei
Xinhua
China and India have had more high level exchange this past year than in nearly 60 years because they know common development can only be achieved through a strategic cooperative partnership.

Sino-African Marriages in China: ‘Til Death Do Us Part’?

Eric Olander, Cobus van Staden & more
A marriage boom of sorts is underway in China, where a growing number of African men are tying the knot with Chinese women. While these new families are breaking long-held cultural stereotypes, they are also confronting a whole set of new challenges...

Iowa Signs Historical Cooperation Agreement With China

Lynn Hicks
Des Moines Register
Iowa’s economic ties with China deepened Thursday as the state signed a cooperation agreement with the Ministry of Commerce of the world’s second-largest economy.

As China Booms, So Does Popular Unrest

Bruce Kennedy
CBS News
In the quarter-century since the crackdown in Beijing's Tiananmen Square, China's economy has thrived and presented the world with an historic milestone. But at what cost to its people?...

Finally, One Analyst Believes China Is Improving

Chris Wright
Forbes
In recent years, an upbeat note on the Chinese economy has been hard to find. Step forward Nomura, which on June 3 raised its GDP forecast for the second quarter from 7.1% to 7.4% and its full year forecast from 7.4% to 7.5%.

China Swaps Gusto for Rigor as It Learns From Africa

Franz Wild
Bloomberg
Cowed by capricious commodity prices, political instability and a string of lost investments, Chinese financiers aren’t as gutsy as when state-owned giants whipped up business abroad 15 years ago.

Reports

06.01.14

Decoding China’s Emerging “Great Power” Strategy in Asia

Christopher K. Johnson, Ernest Z. Bower, Victor D. Cha, Michael J. Green, Matthew P. Goodman
Center for Strategic and International Studies (CSIS)
The course charted by China’s reemergence as a great power over the next few decades represents the primary strategic challenge for the U.S.-Japan security alliance and for the East Asian security landscape writ large. If China’s economic, military...

China’s Culture of Compliance Is Crippling the Country

Rana Foroohar
Time
This year, China will very likely overtake the U.S. as the world’s largest economy. It has certainly become wealthy. But it has also become less free.

Obama Says the U.S. Will Lead the World for the Next 100 Years. China Disagrees.

Gu Jinglu
Washington Post
The Global Times, China’s state-run nationalist-leaning newspaper, later challenged that view, asking, “America wants to lead the world for another 100 years, but with what?”

First Rule of Chinese Tourism: Give Them What They Want

Kristie Lu Stout
CNN
As the global travel industry rolls out the welcome mat for China's surge of outbound tourists, it should consider tipping the scales in their customers' favor...

Features

05.29.14

Why Defenders of Killer Whales Are Worried About China

Leah Thompson
Late last year, the circus came to Hengqin. Trained elephants from Thailand, Russian jugglers and monkies, Kazakh horses, Bengal tigers, and Cuban acrobats descended on the once-sleepy island near Macau for China’s “First International Circus...

India’s Modi and China’s Xi: Frenemies, or Just Plain Enemies?

Michael Schuman
Time
With two nationalists in power, relations between the world’s two most populous nations could turn even frostier.

China’s New Diplomatic Strategy in Africa: Humility

Eric Olander & Cobus van Staden
Just a few weeks after Chinese premier Li Keqiang admitted that China was going through “growing pains” in its engagement with Africa, Beijing’s central bank chief, Zhou Xiaochuan, acknowledged some of the 2,500 PRC companies operating in Africa are...

US Wins WTO Luxury Car Ruling Against China

BBC
The World Trade Organization found no basis for duties that China imposed on saloons and off-road vehicles between 2011 and 2013 in retaliation for US trade policies.

Books

05.22.14

Age of Ambition

Evan Osnos
From abroad, we often see China as a caricature: a nation of pragmatic plutocrats and ruthlessly dedicated students destined to rule the global economy—or an addled Goliath, riddled with corruption and on the edge of stagnation. What we don’t see is how both powerful and ordinary people are remaking their lives as their country dramatically changes.As the Beijing correspondent for The New Yorker, Evan Osnos was on the ground in China for years, witness to profound political, economic, and cultural upheaval. In Age of Ambition, he describes the greatest collision taking place in that country: the clash between the rise of the individual and the Communist Party’s struggle to retain control. He asks probing questions: Why does a government with more success lifting people from poverty than any civilization in history choose to put strict restraints on freedom of expression? Why do millions of young Chinese professionals—fluent in English and devoted to Western pop culture—consider themselves “angry youth,” dedicated to resisting the West’s influence? How are Chinese from all strata finding meaning after two decades of the relentless pursuit of wealth?Writing with great narrative verve and a keen sense of irony, Osnos follows the moving stories of everyday people and reveals life in the new China to be a battleground between aspiration and authoritarianism, in which only one can prevail. —Farrar, Straus, and Giroux {chop}

Ex JPMorgan China banker questioned in HK

Jamil Anderlini
Financial Times
Hong Kong authorities have interviewed Fang Fang, JPMorgan Chase’s former head of investment banking in China, as they investigate government bribery allegations.

Russia Signs 30-Year Gas Deal with China

BBC
Russia's President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China, 10 years in the making, and worth some $400 billion...

Viewpoint

05.16.14

Government Steps Up To Labor’s Demands

Kevin Slaten
On April 14, most of the 40,000 workers at the Dongguan Yue Yuen shoe factory—supplier to Nike, Adidas, and other international brands—began what would become a two-week work stoppage. While there are thousands of strikes in China every year, the...

Environment

05.15.14

Anti-Chinese Sentiment on Rise in Myanmar

from chinadialogue
The Shwe pipeline shaves an angry bald strip across the red clay hills and disappears into the morning mist. A sign hanging above an area cordoned off by bamboo fencing warns in English, “Severe punishment on pipeline destruction.”“Families were...

Infographics

05.15.14

China’s Fake Urbanization

from Sohu
This infographic explains why it is so hard for rural migrants to settle permanently in cities. For starters, city dwellers were the first to get rich after Reform and Opening Up, which created a large income disparity between them and people living...

The Growing Allure of Designed-in-China Fashions

Christina Larson
Businessweek
Guo Pei, a couture designer based in Beijing, says she’s seeing increased demand for custom-made gowns as Chinese performers and socialites have more formal occasions to attend.

China Inc. Moves Factory Floor to Africa

Peter Wonacott
Wall Street Journal
Faced with rising labor costs at home and negative perceptions about their employment practices in Africa, Chinese companies are setting up new factories on the continent and hiring more Africans.

Media

05.13.14

Why Are There No Credit Scores in China?

Few would dispute that Chinese society suffers from a serious trust problem. After surviving crafty scams and shoddy products for years, Chinese people have become guarded with strangers and cautious in business dealings. Given all that, it would be...

China Isn’t Overtaking America

Michael A. Levi
New York Times
Twenty-first century rivalry between the United States and China will be as much about economic might as military power.

State Sector is China’s Secret Sauce

Joe Zhang
South China Morning Post
The state sector has provided essential organization, capital and the ability to survive turbulence collectively. That’s the Chinese edge, like it or not.

China Real Estate Falls Back to Earth

Keith Bradsher
New York Times
One of the world’s longest-running bull markets finally seems to be stalling, with broad consequences for China’s economy and possibly its politics as well.

China to Build Railway Linking East Africa

Agence France-Presse
Leaders agree $3.8bn project to link Kenya's port of Mombasa to neighboring Uganda, Rwanda, Burundi and South Sudan...

Mapping the Four C's of Chinese Wealth

Warner Brown
Live in a city near China's coast, and in a capital. (Coal doesn't hurt.)...

Follow the Money, China-Style

Yu Hua
New York Times
The appreciation of the yuan has failed to convince ordinary Chinese people that their money buys more; on the contrary, they feel it’s worth less.

Conversation

05.09.14

The China-Vietnam Standoff: How Will It End?

Daniel Kliman, Ely Ratner & more
Daniel Kliman:Five thousand miles from Ukraine, off the coast of Vietnam, China is taking a page from Russian leader Vladimir Putin’s playbook. Beijing’s recent placement of a huge oil drilling rig in disputed waters in the South China Sea leverages...

Media

05.08.14

The Chinese Are Coming! (And That’s OK)

On April 29, the United States Chamber of Commerce, a U.S. lobbying group, announced that Chinese investment in the United States surpassed U.S. investment in China for the first time. The news has been a long time in coming: Over the past decade,...

The China Challenge

Ian Johnson from New York Review of Books
In 1890, an undistinguished U.S. Navy captain published a book that would influence generations of strategists. Alfred Thayer Mahan’s The Influence of Sea Power Upon History, 1660–1783 posited that great nations need potent, blue-water navies backed...

Conversation

05.07.14

How is China Doing in Africa?

Tendai Musakwa, Kathleen McLaughlin & more
On his current weeklong tour of Ethiopia, Nigeria, Angola, and Kenya, Premier Li Keqiang announced a new $12 billion aid package intended to address China’s “growing pains” in Africa. China is by turns lauded for bringing development to the...

Caixin Media

05.06.14

Growing Pains for a Megalopolis in Transition

Twenty years of on-and-off government discussions have yielded little progress toward the goal of coordinating urban and industrial development in a key Chinese megalopolis—the region encompassing the nation's capital Beijing, neighboring Hebei...

Media

05.06.14

Chinese to the World: Ignore Our GDP

The U.S.-based World Bank grabbed everybody’s attention by announcing that China was poised to displace the United States as the world’s largest economy based on purchasing power. But a survey of the Chinese web shows people at home aren’t buying it...

China's 'Ordinary' Billionaire Behind Grand Nicaragua Canal Plan

Mathew Miller
Reuters
Wang Jing, the businessman behind Nicaragua's $50 billion Interoceanic Grand Canal, insistis he's not an agent of the Beijing government...

Why India Will Soon Outpace China

James Gruber
Forbes
India’s decentralized, often chaotic economic model has been seen as inferior to China’s authoritarian, top-down model. A reappraisal of that view may soon be in order.

China's Half-Year Report Card on Economic Reform: Slow, Safe and Steady

Kevin Yao and Tomasz Janowski
Reuters
Incremental steps promise to reach enough critical mass to sustain reform momentum and help the world's second-largest economy shift down fairly smoothly after decades of red-hot growth...

Infographics

05.02.14

The ‘Nongmin’ Breakdown

from Sohu
Who are China's rural migrant workers?A uniquely Chinese social identity, the category of “rural migrant worker” is a product of China’s urban/rural dichotomy. It refers to a class of citizens no longer employed in the agricultural sector who...

Conversation

04.30.14

Will China’s Economy Be #1 by Dec. 31? (And Does it Matter?)

William Adams, Damien Ma & more
On April 30, data released by the United Nations International Comparison Program showed China’s estimated 2011 purchasing power parity (PPP) exchange rate was twenty percent higher than was estimated in 2005. What does this mean? China's...

China’s Income Inequality Surpasses U.S., Posing Risk for President Xi Jinping,

Lorraine Woellert and Sharon Chen
Bloomberg
The income gap between the rich and poor in China has surpassed that of the U.S. and is among the widest in the world, a report showed, adding to the challenges for President Xi Jinping as growth slows.

Media

04.28.14

A Guide to Social Class in Modern China

Class is a sensitive word in China. Marxist-Leninist rhetoric like “class enemies,” “class conflict,” and “class struggle” are rarely seen in the country’s media these days, but since China began its market reforms in 1979, stratification has...

Bill Gates Urges China’s Wealthiest to Give to Charity...Again

Jonathan Kaiman
Guardian
Businessman makes plea in People's Daily for country to improve bad philanthropic record by investing in the poor...

Alibaba Works Magic for China's Taobao 'Treasure Hunters'

Callum MacLeod
USA Today
Alibaba's eBay-like marketplace Taobao allows budding entrepreneurs to set up and run an online store, for free. The site has steven million sellers offering hundreds of millions of items...

The Chinese Take Manhattan: Replace Russians as Top Apartment Buyers

Michelle Conlin and Maggie Lu Yueyang
Reuters
Many Chinese buyers are switching their interest away from markets like Shanghai, Hong Kong and Singapore amid fears that prices have soared to frothy levels in those cities.

Sinica Podcast

04.25.14

Trash Talk with Adam Minter

Jeremy Goldkorn & Adam Minter from Sinica Podcast
Anyone living in China doubtless has a sense of the unholy number of people who seem to be involved in the trash trade here, and who will ferret away everything from your cardboard boxes to plastic bottles faster than you can unpack them or consume...

America Should Step Back from the East China Sea Dispute

Wu Xinbo
New York Times
The Diaoyu Islands, which are of little real strategic or economic use, are hardly worth disrupting relations among the world’s three largest economies. It is time to put the issue back into a box.

Viewpoint

04.23.14

From Half the Sky to ‘Leftovers’

Mei Fong & Leta Hong Fincher
The three-plus decades since the inception of the ‘one child’ policy have resulted in a huge female shortage in China. The country is now seriously unbalanced, with 18 million more boys than girls. By 2020, there will be some 30 million surplus men...

Obama Faces Headwinds on Trans-Pacific Partnership in East Asia trip

Kristine Kwok
South China Morning Post
Negotiations with Japan on a 12-nation transpacific trade liberalisation deal are bogged down, while support for it is waning in Malaysia, which could pull out altogether under pressure from business concerns. Analysts say the negotiations...

China Gets First Bitcoin ATM, Skirting Bank Crackdown

Pete Sweeney
Reuters
Strong interest from Chinese speculators drove up global bitcoin prices last year to above $1,000, sparking a crackdown by the People's Bank of China. ...

Infographics

04.15.14

Hidden Taxes

from Sohu
It is tax day in the United States, when many citizens groan and grumble at the size of their refund (what refund?) or scratch their heads as they try to maximize deductions. Our partners at Sohu recently published an infographic, which we have...

Massive China Shoe Factory Strike Rolls on as Offer Falls Flat

John Ruwitch and Danny Kwok
Reuters
Chinese shoe factory workers shrugged off an offer of improved benefits, prolonging one of the largest strikes in recent years amid signs of increased labor activism as the economy slows.

Bitcoin’s Status in China Not So Black-and-White

Paul Vigna and Michael J. Casey
Wall Street Journal
The Chinese government has disseminated what amounts to a “confidential” policy governing the digital currency, which has led to uneven enforcement.

In China, A Big Jet Becomes a Status Symbol

Joe Sharkey
New York Times
Chinese buyers are enthusiastically opting mostly for so-called heavy metal jets—big, long-range luxury jets that can cost $50 million or more before extras like fancy cabin fixtures.