Conversation
01.18.17
U.S.-China Flashpoints in the Age of Trump
Over the past year, Donald Trump has vowed to “utterly destroy” ISIS, considered lifting sanctions on Russia, promised to cancel the Paris climate agreement and “dismantle” the Iran nuclear deal. But many of his most inflammatory statements are...
ChinaFile Recommends
01.18.17China’s Top Economic Official Braces for Possible Trade War
New York Times
Liu He has struggled to overcome resistance to a program of measured economic liberalization and more open markets that he argues is critical to China’s long-term economic health
ChinaFile Recommends
01.18.17First Freight Train from China to Britain Arrives in London
Reuters
The first China-to-Britain freight train arrived in London on Wednesday after a 7,500-mile journey, marking a milestone in China’s push to build commercial links across Europe and Asia.
ChinaFile Recommends
01.18.17China Cancels 103 Coal Plants, Mindful of Smog and Wasted Capacity
New York Times
China is canceling plans to build more than 100 coal-fired power plants, seeking to rein in runaway, wasteful investment in the sector while moving the country away from one of the dirtiest forms of electricity generation
ChinaFile Recommends
01.18.17The Chinese Government Finally Admitted That Its Economic Data Was Made Up
Quartz
For many who have long believed that China’s economic growth figures seemed too good—and tidy—to be true, they now have official confirmation of that skepticism.
ChinaFile Recommends
01.17.17In Davos, Xi Makes Case for Chinese Leadership Role
Reuters
Chinese President Xi Jinping offered a vigorous defense of free trade at the World Economic Forum in Davos on Tuesday in a speech that underscored Beijing’s desire to play a greater global role
ChinaFile Recommends
01.17.17New U.S.-China Rivalry Risks Lethal Confrontation
Wall Street Journal
Provocations by President-elect Trump over trade and territory could escalate into armed conflict
ChinaFile Recommends
01.17.17China’s Oil Collapse Is Unintentionally Helping OPEC
Bloomberg
OPEC’s campaign to prop up oil prices is getting unlikely support from its biggest customer.
ChinaFile Recommends
01.17.17Welcome to an Emerging Asia: India and China Stop Feigning Friendship while Russia Plays All Sides
Quartz
After a few timid signs of warming, Sino-Indian relations seem to be headed for the freezer.
ChinaFile Recommends
01.15.17China’s Xi Set for Star Turn at Davos Gathering
Financial Times
President aims to show he is one of the few responsible adults left on the global stage
ChinaFile Recommends
01.13.17China Overseas Investment Spree Set to Run Out of Steam
Wall Street Journal
A government think tank predicts China’s direct investment overseas, after years of robust gains, is likely to decline in 2017
ChinaFile Recommends
01.13.17Ambassador to China Shares Lessons Learned with the Next Administration
NPR
Democrat Max Baucus, the U.S. ambassador to China since 2014, is preparing to hand over the post to his successor. He discusses the future of the U.S.-China relationship.
ChinaFile Recommends
01.12.17Japan And China Are Competing To Win Over The Philippines
Forbes
Philippine President Rodrigo Duterte is pushing away the United States in favor of its geopolitical rival China. But the man in office still likes Japan.
ChinaFile Recommends
01.12.17Obama Takes Parting Shot at China with WTO Aluminium Case
Financial Times
U.S. is challenging Beijing’s financing of its industries with low-cost loans
ChinaFile Recommends
01.12.17China Banks Extend Record 12.65 Trillion Yuan in Loans in 2016 as Debt Worries Mount
Reuters
China’s banks extended a record 12.56 trillion yuan ($1.82 trillion) of loans in 2016 as the government encouraged more credit-fueled stimulus to meet its economic growth target
Books
01.11.17
Taiwan’s China Dilemma
China and Taiwan share one of the world’s most complex international relationships. Although similar cultures and economic interests have promoted an explosion of economic ties between them since the late 1980s, these ties have not led to an improved political relationship, let alone progress toward the unification that both governments once claimed to seek. In addition, Taiwan’s recent Sunflower Movement succeeded in obstructing deeper economic ties with China. Why has Taiwan’s policy toward China been so inconsistent?Taiwan’s China Dilemma explains the divergence between the development of economic and political relations across the Taiwan Strait through the interplay of national identity and economic interests. Using primary sources, opinion surveys, and interviews with Taiwanese opinion leaders, Syaru Shirley Lin paints a vivid picture of one of the most unsettled and dangerous relationships in the contemporary world, and illustrates the growing backlash against economic liberalization and regional economic integration around the world. —Stanford University Press{chop}
ChinaFile Recommends
01.11.17China Delegation Reportedly Open to Meeting Trump’s Team at Davos
CNBC
China’s President Xi Jinping’s delegation to the World Economic Forum to be held in Davos next week is open to a meeting with President-elect Donald Trump’s team
ChinaFile Recommends
01.11.17China’s Money, China’s Blue Helmets for Africa
Deutsche Welle
It’s not just about raw materials anymore. China’s expanding influence in Africa poses risks to European interests, but it offers opportunities as well.
ChinaFile Recommends
01.11.17How China’s Pink Economy Is Leading the Country’s Battle for LGBT Rights
Fortune
China’s burgeoning LGBT community—estimated at some 70 million people—is a free-spending sector that few businesses can afford to ignore.
The China Africa Project
01.10.17
2016 China-Africa Year in Review
After years of relatively trouble-free development, 2016 marked a turning point in the China-Africa relationship, amid turbulent changes in the global economic and political order. China increased its deployment of combat troops to the continent,...
Conversation
01.10.17
Can Beijing’s Ivory Ban Save the Elephants?
On New Year’s Eve, Beijing announced it will ban the ivory trade in China, potentially shutting down the world’s biggest ivory market. Why did Beijing decide to curb the ivory trade? Will it put enough muscle behind it to enforce the decision? What...
ChinaFile Recommends
01.10.17China Probes Bitcoin Exchanges amid Capital Flight Fears
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.
ChinaFile Recommends
01.09.17China’s Elite Bodyguards Are Struggling to Find Enough Rich People to Protect
Time
Training bodyguards has been big business in China for years. Now, however, a slowing economy and an anti-corruption drive are putting the brakes on the private security industry
ChinaFile Recommends
01.09.17China’s New Silk Road Is Getting Muddy
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...
ChinaFile Recommends
01.09.17McDonald’s China Operations to Be Sold to Locally Led Consortium
New York Times
McDonald’s said on Monday that it would sell its businesses in mainland China and Hong Kong for $2.08 billion to Citic, a state-owned conglomerate, and the Carlyle Group, a private equity firm.
ChinaFile Recommends
01.06.17China to Plow $361 Billion into Renewable Fuel by 2020
Reuters
China will plow 2.5 trillion yuan ($361 billion) into renewable power generation by 2020, the country's energy agency said on Thursday, as the world's largest energy market continues to shift away from dirty coal power towards cleaner...
ChinaFile Recommends
01.06.17How a China Crackdown Caused Bitcoin’s Price to Plunge
Fortune
The value of the cryptocurrency bitcoin is melting down Thursday, having dropped 20% against the dollar by midday Eastern Time in only two hours of frantic trading.
ChinaFile Recommends
01.05.17China, Seeking to Stop Weakening of Currency, Issues Restrictions
New York Times
China’s financial regulators appear to have grown increasingly concerned in recent weeks about the pace of the renminbi’s depreciation
ChinaFile Recommends
01.05.17How Chinese Entrepreneurs Can Help Trump ‘Make America Great Again’
South China Morning Post
Edward Tse says Chinese investment and job creation are just what the US economy needs to sharpen its edge, not isolationism and trade wars
Books
01.04.17
The Oxford Illustrated History of Modern China
This lavishly illustrated volume explores the history of China during a period of dramatic shifts and surprising transformations, from the founding of the Qing Dynasty (1644-1912) through to the present day.The Oxford Illustrated History of Modern China promises to be essential reading for anyone who wants to understand this rising superpower on the verge of what promises to be the “Chinese century,” introducing readers to important but often overlooked events in China’s past, such as the bloody Taiping Civil War (1850-1864), which had a death toll far higher than the roughly contemporaneous American Civil War. It also helps readers see more familiar landmarks in Chinese history in new ways, such as the Opium War (1839-1842), the Boxer Uprising of 1900, the rise to power of the Chinese Communist Party in 1949, and the Tiananmen protests and Beijing Massacre of 1989.This is one of the first major efforts—and in many ways the most ambitious to date—to come to terms with the broad sweep of modern Chinese history, taking readers from the origins of modern China right up through the dramatic events of the last few years (the Beijing Games, the financial crisis, and China’s rise to global economic pre-eminence) which have so fundamentally altered Western views of China and China’s place in the world. —Oxford University Press{chop}
ChinaFile Recommends
01.04.17China Inc.’s Large Dollar Debts Fuel Beijing’s Efforts to Curb Yuan Plunge
Wall Street Journal
The large pile of foreign debt owed by Chinese companies, from state-owned banks to airlines, is giving added impetus to Beijing’s efforts to keep the yuan from falling too steeply against the rallying dollar.
ChinaFile Recommends
01.04.17Obama Got Tough on China. It Cost U.S. Jobs and Raised Prices
CNN
Protect American jobs by getting tough on China. That's the underlying idea behind President-elect Donald Trump's threat of a 45% tariff against China as a ploy to bring jobs back to America. Before pursuing that strategy, however, Trump...
ChinaFile Recommends
01.03.17First China-U.K. Freight Train Departs as Xi Seeks to Lift Trade
Bloomberg
China initiated a rail-freight service to Britain as part of President Xi Jinping’s efforts to strengthen trade ties with Europe.
ChinaFile Recommends
01.03.17Chinese Access to U.S. Semiconductor Industry May Be Curbed
Wall Street Journal
The Obama administration is finalizing a study that could lead to restrictions on Chinese investment in the U.S. semiconductor sector.
ChinaFile Recommends
01.02.17China Should Set More Flexible GDP Growth Target in 2017: Central Bank Adviser
Reuters
China should set a more flexible economic growth target this year to create more room for reforms, a central bank adviser told the official Xinhua news agency, suggesting a range of 6.0 to 7.0 percent versus 6.5 to 7.0 percent in 2016. China has...
ChinaFile Recommends
01.02.17Twitter 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...
Reports
01.01.17
Record Flows and Growing Imbalances
Mercator Institute for China Studies
Foreign direct investment (FDI) has become an increasingly important part of the E.U.-China economic relationship. European companies have invested hundreds of billions of euros into the Chinese economy since the 1980s, and have made big bets on...
Conversation
12.30.16
Rex Tillerson at State: What Will He Mean for U.S.-China Relations?
On December 13, President-elect Donald Trump’s transition team announced the selection of ExxonMobil Chief Executive Rex Tillerson as Secretary of State. We asked ChinaFile contributors to respond to the choice with a specific focus on how Tillerson...
ChinaFile Recommends
12.30.16A Good Year for Xi Jinping— But Trouble is Heading His Way
Guardian
After domestic victories in 2016, China’s president must deal with a worsening economy and Trump in the White House
ChinaFile Recommends
12.30.16China Builds Out the Air as Frustrations Mount Below
New York Times
An angry mob ransacks a terminal. A frustrated passenger tries to leave the plane while it taxis. China's air travel system isn't working.
ChinaFile Recommends
12.30.16China’s Film Fever Cools
Wall Street Journal
China’s highflying box office got a reality check in 2016, as cutbacks in discounted tickets led to a sharp decline in cinema-revenue growth
ChinaFile Recommends
12.30.16While the Rest of the World Retreats, China Expands Investments in Arab World
Huffington Post
As chaos consumes large portions of the region, Beijing is sending in cash
ChinaFile Recommends
12.29.16How China Built ‘iPhone City’ With Billions in Perks for Apple’s Partner
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
ChinaFile Recommends
12.29.16Postcard from Dandong: Politics and Pity on the Border of China and North Korea
Economist
The border between the two countries shows how drastically they have grown apart
ChinaFile Recommends
12.28.16China’s Markets are Tamed— but Not Tempting
Wall Street Journal
The roller-coaster ride may be over, but global investors say that still hasn’t made China attractive for 2017
ChinaFile Recommends
12.27.16As China Pivots, Trump Risks Fighting an Old War
Wall Street Journal
Incoming U.S. administration highlights trade retaliation as Beijing shifts to a form of high-tech protectionism
ChinaFile Recommends
12.27.16China Resumes Ties with São Tomé, Which Turned Away from Taiwan
New York Times
Beijing suspended its relationship with São Tomé in 1997 after the African island nation established diplomatic ties with Taiwan
The China Africa Project
12.25.16
China’s Risky Power Play in the Arab World
International Relations Professor Zaynab El Bernoussi from Al Akhawayn University in Ifrane, Morocco, joins Eric and Cobus this week to discuss her recent column on China’s growing influence in the Middle East and North Africa. Professor El...
ChinaFile Recommends
12.23.16Stoking Tensions with China
New York Times
No relationship is more vital to international stability than that between the United States and China, but now there are dangerous new uncertainties
ChinaFile Recommends
12.23.16The New Scramble for Africa: How China Became the Partner of Choice
Guardian
In 2014 alone China invested £56 billion in African infrastructure. But is this colonialism in another guise?
ChinaFile Recommends
12.22.16Taiwan’s President to Visit U.S. Despite Objections from China
Guardian
Planned trip causes speculation in Washington and Taiwan that Tsai Ing-wen may meet Donald Trump in person
ChinaFile Recommends
12.22.16China Weighs Response to New U.S. Trade Foe
Wall Street Journal
Beijing considers retaliatory steps after Trump appoints China trade skeptic Peter Navarro
ChinaFile Recommends
12.22.16The Trouble With Trumps Dangerous Instincts on China
New Yorker
The President-elect has shown that his instinct is to turn the world’s significant bilateral relationships into frighteningly spectacular reality TV
ChinaFile Recommends
12.22.16“Brutal, Amoral, Ruthless, Cheating”: How Trump’s New Trade Tsar Sees China
Guardian
Peter Navarro has been picked to lead US trade and industrial policy – a move that may upset Beijing
ChinaFile Recommends
12.22.16China’s Millennial Consumers: What Victoria’s Secret Got Wrong, and Nike Got Right
Forbes
Chinese millennials are conflicted between their national pride and their love for western brands
Conversation
12.21.16
Did Oslo Kowtow to Beijing?
In 2010, the Oslo-appointed Nobel Peace Prize committee bestowed the honor on imprisoned Chinese dissident Liu Xiaobo. Furious with the selection of Liu, a human rights advocate, who is currently serving an 11-year prison sentence on spurious...
ChinaFile Recommends
12.21.16Bring Back Jobs from China? In Shenzhen, They Aren’t That Worried
Wall Street Journal
As Trump presses companies on U.S. manufacturing, the city that became the globalization poster child has learned to adapt to economic shifts
ChinaFile Recommends
12.21.16Step Inside China’s Hellish, Illicit Steel Factories
Wired
Kevin Frayer's photographs of illegal Chinese steel factories look like postcards from the dawn of the Industrial Revolution
ChinaFile Recommends
12.21.16These Three Major China Themes Will Be Pivotal in 2017
South China Morning Post
China’s economic growth target, the depreciation of the yuan and a looming change in several senior Communist Party positions will be important factors
China in the World Podcast
12.21.16
China Rises to Challenge of Battling Climate Change
from Carnegie China
With the U.S. leadership role in the fight against climate change now being called into question, China has found itself in the unique position of being a global leader of the cause. In this podcast, nonresident Carnegie-Tsinghua scholar Wang Tao...