Australia Shouldn't Pick Between U.S. and China, Premier Li Says

Bloomberg
Australia, which has fought alongside the U.S. in every major conflict since World War I, has been careful not to offend China, which was responsible for 31 percent of its merchandise exports in the 12 months to July last year.

Here’s What Happens to the Athletic Wear Industry When China Starts Going to the Gym

Marc Bain
Quartz
If the world’s big sportswear brands could invent a country with just the right mix of ingredients to fuel their businesses for years to come, it would look a lot like present-day China.

Welcome to Yiwu: China’s Testing Ground for a Multicultural City

Helen Roxburgh
Guardian
Unlike Guangzhou’s African community—who have faced prejudice and hostility—Yiwu’s foreign residents enjoy an ‘unusual freedom of worship,’ with the municipal government even consulting international traders on city business

Why China Stoking up Anger over South Korea Missile System Is Doomed to Fail

Josh Ye
South China Morning Post
Encouraging boycotts of South Korean goods won’t stop Seoul deploying the defence shield, but will sour an economically valuable relationship, observers say

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...

Uber for Bikes: How ‘Dockless’ Cycles Flooded China—and Are Heading Overseas

Nick Van Mead
Guardian
New cycle-share firms in China allow you to simply drop your bike wherever you want. They have caused colourful chaos – and world cities could be next

Donkey Skin Is the New Ivory

Eric Olander, Cobus van Staden & more
Countries throughout Africa are struggling to figure out how to contain the skyrocketing price of donkeys due to surging demand for the animals in China. Donkey skin is fast becoming an increasingly prized commodity due to its use in a traditional...

South Korea Complains to WTO about China over THAAD

BBC
South Korea has appealed to the World Trade Organization to determine if the Chinese government is treating South Korean companies unfairly.

China’s Taxes on Imported Cars Feed Trade Tensions with U.S.

Keith Bradsher
New York Times
A Jeep Wrangler can cost $30,000 more in China than in the United States—and the reasons illustrate a growing point of tension between the two countries.

Viacom’s Paramount Rejected in Potential $1 Billion Film Deal with China

Claire Atkinson
MarketWatch
Viacom’s Paramount Pictures movie unit has failed to strike a deal with two Chinese groups to receive $1 billion in financing for a fresh series of films, according to several Hollywood sources who spoke to The Post.

Missile Row Drives Korean Culture Underground in China

Adam Jourdan and Joyce Lee
Reuters
The mainland chill on Korean content that follows Seoul’s decision to deploy a missile defense system is driving Chinese fans to get their “K-culture” fixes on peer-to-peer platforms instead of mainstream sites.

Apple Plans Two More R&D Centers in China as Its Challenges in the Country Continue

Arjun Kharpal
CNBC
Apple has announced plans to set up two new research and development centers in China amid continued challenges to the iPhone maker in the world’s second-largest economy.

For a Change, China’s Censors Have No Problem with “Gay Moment” in Disney’s “Beauty and the Beast”

Echo Huang
Quartz
Unlike other Asian countries, China says it has absolutely no problem with a plotline involving a possibly gay character in Disney’s re-boot of Beauty and the Beast.

Sinica Podcast

03.17.17

Big Daddy Dough: Hip-hop and Macroeconomics in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
By day, Andrew Dougherty is a macroeconomist who manages a China research team for Capital Group, one of the world’s largest actively managed mutual funds. By night, he is Big Daddy Dough, creator of an album of parody hip-hop songs that explain...

Books

03.16.17

Hollywood Made in China

Aynne Kokas
China’s entry into the World Trade Organization in 2001 ignited a race to capture new global media audiences. Hollywood moguls began courting Chinese investors to create entertainment on an international scale—from behemoth theme parks to blockbuster films. Hollywood Made in China examines these new collaborations, where the distinctions between Hollywood’s “dream factory” and Xi Jinping’s “Chinese Dream” of global influence become increasingly blurred. With insightful policy analysis, ethnographic research, and interviews with CEOs, directors, and film workers in Beijing, Shanghai, and Los Angeles, Aynne Kokas offers an unflinching look at China’s new role in the global media industries. A window into the partnerships with Chinese corporations that now shape Hollywood, this book will captivate anyone who consumes commercial media in the twenty-first century. —University of California Press{chop}

China Consumer Day Show Skewers Nike Shoes, Muji Foods

Jackie Cai and Adam Jourdan
Reuters
China’s annual consumer rights day television show turned its spotlight on U.S. sports brand Nike Inc for misleading advertising and Japanese brand Muji for selling food products allegedly sourced from part of Japan affected by radiation.

Here’s Who Will Benefit from the Beijing-Seoul Fallout

Huileng Tan
CNBC
Currently, South Korea’s decision to allow the U.S. to deploy an advanced missile defense system on the peninsula has culminated in a series of retaliatory measures from Beijing. South Korean firms have already started investing in the fast-growing...

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

China Property Sales Surge Despite Efforts to Cool Market

Voice of America
Property sales by area rose 25.1 percent year-on-year in January and February.

China’s Economy Gets Off to Strong Start in 2017 as Investment Rebounds

Yawen Chen and Elias Glenn
Reuters
China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government infrastructure spree and a much-needed resurgence in private investment. 

After Dick Clark Productions Deal Fails to Close, What’s Next for Dalian Wanda?

Gene Maddaus, Brent Lang
Variety
Wang Jianlin has led a triumphal march through Hollywood.

Trump’s Top China Expert Isn’t a China Expert

Foreign Policy
Peter Navarro doesn't speak Chinese, and has scant in-country experience. Should that matter?...

Kushners Set to Get $400 Million From Chinese Firm on Tower

Bloomberg
Family company of president’s son-in-law in deal with Anbang, one of China's largest insurance companies. Plan is circulating among investors for more equity partners...

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.

Trump’s Trade ‘Hammer’ Aims to Pound China, Mexico and the WTO

Bloomberg
Lighthizer has urged a harder-nosed approach to China, which accounts for more than half of America’s $500-billion trade deficit, and more trade complaints from the U.S.

After $225 Billion in Deals Last Year, China Reins In Overseas Investment

New York Times
On Saturday, in the strongest public signal yet that Beijing is changing course, China’s commerce minister castigated what he called “blind and irrational investment.”

Lotte Stores Feel Chinese Wrath as South Korea Deploys U.S. Missile System

Javier C. Hernandez, Owen Guo, and...
New York Times
A wave of anti-South Korean sentiment has broken out across China after the South’s embrace of an American missile defense system that China says can be used to spy on its territory.

No Country Comes Even Close to China in Self-Made Female Billionaires

Echo Huang
Quartz
China is home to more self-made female billionaires than any other nation, according to Hurun Report.

As Leaders Argue, South Korea Finds China Is No Longer an Easy Sell

Motoko Rich
New York Times
Now, as the deployment of the system begins this week and China threatens to punish South Korea further, companies like Beyond Cosmetics have been bracing for worse.

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...