China Propels Rise of Electric Ultra-High-Performance Cars

New York Times
Want an insanely fast ride with zero emissions? Startup NIO has the car: An electric two-seater with muscular European lines and a top speed of 195 miles per hour (313 kilometers per hour). The catch: The EP9 costs nearly $1.5 million. NIO, a...

Environment

06.15.17

Bike-Sharing Schemes: Flourishing or Running Riot?

from chinadialogue
Almost one hundred Chinese cities, from Beijing to Lhasa, now have bike-sharing schemes. The bikes, clad in various colors, have GPS trackers and can be unlocked simply by scanning a barcode on the frame with your phone. Some can even be reserved...

Books

06.13.17

Fortune Makers

Michael Useem, Harbir Singh, Liang Neng, Peter Cappelli
Fortune Makers analyzes and brings to light the distinctive practices of business leaders who are the future of the Chinese economy. These leaders oversee not the old state-owned enterprises, but private companies that have had to invent their way forward out of the wreckage of an economy in tatters following the Cultural Revolution.Outside of brand names such as Alibaba and Lenovo, little is known, even by the Chinese themselves, about the people present at the creation of these innovative businesses. Fortune Makers provides sharp insights into their unique styles—a distinctive blend of the entrepreneur, the street fighter, and practices developed by the Communist Party—and their distinctive ways of leading and managing their organizations that are unlike anything the West is familiar with.When Peter Drucker published Concept of the Corporation in 1946, he revealed what made large American corporations tick. Similarly, when Japanese companies emerged as a global force in the 1980s, insightful analysts explained the practices that brought Japan’s economy out of the ashes—and what managers elsewhere could learn to compete with them. Now, based on unprecedented access, Fortune Makers allows business leaders in the United States and the rest of the West to understand the essential character and style of Chinese corporate life and its dominant players, whose businesses are the foundation of the domestic Chinese market and are now making their mark globally. —PublicAffairs{chop}

Ride-Hailing Ucar Invests in China Tesla-Challenger Startup

Meng Jing
South China Morning Post
Ucar, a ride-hailing app launched by Hong Kong-listed China Auto Rental (Car Inc), has led a 2.2 billion yuan (US$324 million) investment into a Tesla-challenger in China, making its foray into automobile manufacturing.

Trump Lies. China Thrives.

New York Times
We underestimate China — and attribute all of its surge in growth to unfair trade practices — at our peril. China has been fast and smart at adopting new technologies, particularly the mobile internet.

Sinica Podcast

06.07.17

Kai-Fu Lee on Artificial Intelligence in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Kai-Fu Lee is one of the most prominent figures in Chinese technology. He founded China’s noted early-stage venture capital firm Sinovation Ventures after launching and heading up Google’s China operations during their years of growth from 2005 to...

Google Is Already Late to China’s AI Revolution

Wired
“Some of the major Chinese companies are some of the most sophisticated deep learning and data companies in the world.”

Conversation

06.01.17

Can China Supplant the U.S. in Europe?

Rogier Creemers, Zha Daojiong & more
From May 31 to June 2, Premier Li Keqiang will visit Germany and Belgium, to “further deepen and enrich China’s relations with the European Union (EU) at a time of increasing global uncertainty,” according to an article in China’s state newswire...

Microsoft Just Built a Special Version of Windows for China

Fortune
China’s government officials now have a custom version of Windows. Microsoft said Tuesday that its new Windows 10 China Government Edition is ready for Chinese government agencies to use.

Reports

05.24.17

China’s Social Credit System: A Big-Data Enabled Approach to Market Regulation with Broad Implications for Doing Business in China

Mirjam Meissner
Mirjam Meissner
Mercator Institute for China Studies
Under the catchphrase “Social Credit System,” China is currently implementing a new and highly innovative approach to monitoring, rating, and regulating the behavior of market participants. The Social Credit System will have significant impact on...

China Is Reluctant to Blame North Korea, Its Ally, for Cyberattack

New York Times
China analysts say Beijing will hesitate before directly casting blame on North Korea even if evidence directly ties the North to the attack. Beijing is more likely to single out other actors, particularly the United States, experts say.

Chinese Aviation Finally Takes off with Help from the West

Financial Times
The latest vehicle for China’s aviation dream, the Comac C919, has just completed its first test flight after Beijing decided to take a different path: buying parts from European and U.S. aviation companies rather than stealing their technology.

Tens of Thousands of Chinese Firms, Institutes Affected in WannaCry Global Cyberattack

Zen Soo, Naomi Ng, Stephen Chen
South China Morning Post
Tens of thousands of Chinese companies and institutions – including several major firms in Hong Kong – have been crippled by a global cyberattack as people returned to work on Monday.

China Focus: Construction of Boeing’s First Overseas 737 Factory Starts in China

xu yu
Xinhua
Construction of Boeing’s first overseas facility as part of its 737 production system started Thursday in the east China port city of Zhoushan. The construction will consist of two parts -- a Boeing 737 completion center and the delivery center. It...

Conversation

05.09.17

Can China’s Approach to Internet Control Spread around the World?

Anne Henochowicz, Rogier Creemers & more
Earlier this month, citing concerns over “cyber sovereignty,” China’s Internet regulators announced new restrictions on the country’s already tightly controlled Internet—further curbing online news reporting and putting Party-appointed editors in...

Books

05.02.17

China’s Mobile Economy

Winston Ma
China’s Mobile Economy: Opportunities in the Largest and Fastest Information Consumption Boom is a cutting-edge text that spotlights the digital transformation in China. Organized into three major areas of the digital economy within China, this ground-breaking book explores the surge in e-commerce of consumer goods, the way in which multi-screen and mobile Internet use has increased in popularity, and the cultural emphasis on the mobile Internet as a source of lifestyle- and entertainment-based content. Targeted at the global business community, this lucid and engaging text guides business leaders, investors, investment banking professionals, corporate advisors, and consultants in grasping the challenges and opportunities created by China’s emerging mobile economy, and its debut on the global stage.The year of 2014-15 marks the most important inflection point in the history of the Internet in China. Almost overnight, the world’s largest digitally-connected middle class went both mobile and multi-screen (smart phone, tablets, laptops, and more), with huge implications for how consumers behave and what companies need to do to successfully compete. As next-generation mobile devices and services take off, China’s strength in this arena will transform it from a global “trend follower” to a “trend setter.”Understand what the digital transformation in China is, and impact on global capital markets, foreign investors, consumer companies, and the global economy as a whole.Explore the e-commerce consumption boom in the context of the Chinese market.Understand the implications of the multi-screen age and mobile Internet for China’s consumersSee how mobile Internet use, its focus on lifestyle and entertainment is aligned with today’s Chinese culture.Learn about the mobile entertainment habits of China’s millennial generation and the corresponding new advertisement approaches.The development of China’s mobile economy is one of the most important trends that will reshape the future of business, technology, and society both in China and the world. China's Mobile Economy introduces you to the digital transformation in China, and explains how this transformation has the potential to transform both China and the global consumer landscape. —John Wiley & Sons, Inc.{chop}

Why China’s New Cargo Space Ship Is So Important

Namrata Goswami
Diplomat
China’s first indigenously built Tianzhou cargo ship, which is being launched between April 20 and 24, is a major accomplishment.

Why Ford’s Electric Push in China Might Get Grounded

Wall Street Journal
On Thursday Ford Motor announced its China-focused electric-car strategy, including new vehicles. Ford’s Chief Executive Mark Fields said the “time is right” for his company to beef up in China. It is playing catch-up, though.

China Tech Investment Flying under the Radar, Pentagon Warns

New York Times
China is investing in Silicon Valley start-ups with military applications at such a rapid rate that the United States government needs tougher controls to stem the transfer of some of America’s most promising technologies, a Pentagon report says.

How Trump Can Help Save Coal—with China’s Help

Paul Bledsoe
Politico
Last week, President Donald Trump declared that he would bring back coal jobs, directing the EPA to roll back the Clean Power Plan and other regulations on coal producers.

American Airlines Buys Stake in China Southern Airlines

CNBC
American Airlines has agreed to pay $200 million for a stake in China Southern Airlines, the biggest of China’s three major state-owned carriers, in a bid for a bigger share of the country's growing travel market...

China’s Secret Plan to Crush SpaceX and the US Space Program

Clay Dillow
CNBC
China’s breakneck economic expansion may be flagging, but the country's ambitions in space show no signs of slowing down...

China’s Tencent Bought A 5 Percent Stake in Tesla

Johana Bhuiyan
Re/code
Tencent, a Chinese internet giant, is also an investor in Chinese ride-hail player Didi Chuxing.

Airbnb’s Rivals in China Hold Hands in a Nervous New Market

Amie Tsang and Paul Mozur
New York Times
Airbnb sees big promise in China, where travel spending reached nearly $500 billion in 2015 thanks to a new generation of domestic tourists. On Wednesday in Shanghai, Airbnb unveiled a new Chinese name—Aibiying, which means “welcome each other with...

China’s High-Tech Tool to Fight Toilet Paper Bandits

Javier Hernandez
New York Times
The toilet paper thieves of the Temple of Heaven Park were an elusive bunch.

Is Google Another Step Closer to Being Unblocked in China?

Nectar Gan
CNBC
Google is still in talks with Beijing over its plans to return to the mainland Chinese market

Ford to Build New Lincoln SUV in China by 2019

Detroit Free Press
Ford and its joint ventures in 2016 sold a record 1.27 million vehicles in China, though the company’s imported vehicle volume for 2016 was down overall from 2015.

Conversation

03.09.17

Is THAAD the Start of a U.S.-China Arms Race?

Isaac Stone Fish, Graham Webster & more
In late February, U.S. President Donald Trump called for adding $54 billion to the U.S. military budget—an increase of roughly 10 percent. And in early March, despite outcry from Beijing, the United States began deploying the Terminal High-Altitude...

China Developing Manned Space Mission to the Moon: State Media

David Reid
CNBC
China is building a manned spacecraft capable of sending astronauts to the moon as well as near-Earth orbit flight, according to Chinese state media./

China Reacts with Anger, Threats After South Korean Missile Defense Decision

Ben Blanchard
Reuters
Chinese state media have reacted with anger and boycott threats after the board of an affiliate of South Korea’s Lotte Group approved a land swap with the government that allows authorities to deploy a U.S. missile defense system 

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. 

China’s ‘New Silk Road’ Is Derailed in Sri Lanka by Political Chaos and Violent Protests

Wade Shepard
Forbes
It is now looking as if Sri Lanka’s biggest partner in the Hambantota endeavor, China, is pulling back from what seems to have become an all out fiasco 

The Burning Problem of China’s Garbage

NPR
Trash is piling up in China—more than 520,000 tons a day

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...

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.

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.” 

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.

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.

‘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.

Using Stealth, and Drones, to Document a Fading Hong Kong

Mike Ives
New York Times
If history was any guide, the explorers said, the building the drone was filming—a 1952 theater with unusual roof supports—would eventually be demolished because it is not on Hong Kong’s list of declared monuments.

Reports

02.07.17

U.S. Policy Toward China

Orville Schell and Susan L. Shirk
Asia Society
The Task Force on U.S.-China Policy generated the following report and set of recommendations to assist the 45th U.S. presidential administration in formulating a China strategy that will protect and further U.S. national interests. This report...

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.

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...

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

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}

China Builds World’s Biggest Solar Farm in Journey to Become Green Superpower

Tom Phillips
Guardian
Vast plant in Qinghai province is part of China’s determination to transform itself from climate change villain to a green energy colossus

Google Play and iOS Apps Demand Surges in India and China

Leo Kelion
BBC
The two leading app stores both experienced a tilt towards Asia in 2016, according to an annual study.

The Humble Ballpoint Pen Has Become a New Symbol of China’s Innovation Economy

Josh Horwitz
Quartz
China has grown by leaps and bounds during its quest for greater domestic innovation, but one of its most recent accomplishments is in an area that’s considerably more basic: ballpoint pens.

How Chinese Super App WeChat Plans To Lock Out Foreign App Stores In China

Yue Wang
Forbes
Since its launch on January 21 2011, WeChat has established a solid track record in pushing forward big game changing innovations within China’s mobile ecosystem.

China’s New Silk Road Is Getting Muddy

Joshua Eisenman and Devin T. Stewart
Foreign Policy
With the future of U.S.-China relations an open question for the incoming Donald Trump administration, many have focused on whether the president-elect’s promise to withdraw from negotiations over the Trans-Pacific Partnership (TPP) will enhance...

China’s Electric Vehicle Strategy Paved With Potholes

Anjani Trivedi
Wall Street Journal
By the numbers, China looks like it’s on the way to dominating the global electric car industry. But

State Media Criticism of Trump’s ‘Addiction to Twitter Diplomacy’ Signals China’s Frustration

Kristin Huang
South China Morning Post
China’s state media has lambasted Donald Trump for conducting foreign policy through Twitter, in a commentary reflecting Beijing’s frustration with the US president-elect’s unorthodox style of diplomacy after his tweets broached sensitive issues in...

Chinese Access to U.S. Semiconductor Industry May Be Curbed

Ian Talley
Wall Street Journal
The Obama administration is finalizing a study that could lead to restrictions on Chinese investment in the U.S. semiconductor sector.

Twitter China Chief Kathy Chen Departs

Wall Street Journal
Twitter Inc.’s controversial China chief has departed after only eight months, the latest executive to leave amid a global reorganization. A stream of executives has left the company since it announced layoffs in October amid continued losses...

How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner

David Barboza
New York Times
A hidden bounty of benefits for Foxconn’s plant in Zhengzhou, the world’s biggest iPhone factory, is central to the production of Apple’s most profitable product

U.S. Charges Three Chinese Traders With Hacking Law Firms

Sara Randazzo and Dave Michaels
Wall Street Journal
Indictment says the traders bought shares of at least five publicly traded companies before announcements that the firms would be acquired

The 10 Largest Investments in China This Year

Eva Xiao
Tech in Asia
In the first half of 2016 alone, investors poured US $37 billion into Chinese startups: Didi Chuxing, Ant Financial, and Meituan-Dianping top the list