Depth of Field
11.20.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/fake_girlfriend-ssm.jpg?itok=p-8DBX2z)
Fake Girlfriends, Chengdu Rappers, and a Chow Chow Making Bank
from Yuanjin Photo
Lonely dog owners in Beijing and a rented girlfriend in Fujian; the last Oroqen hunters in Heilongjiang and homegrown hip hop in Chengdu; young Chinese in an Indian tech hub and Hong Kong apartments only slightly larger than coffins—these are some...
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11.20.17Chinese Shadow Banking Has Slowed — but That's Not as Good as It Seems
CNBC
China is on a drive to reduce its reliance on debt, a habit that some experts warn could lead to a global financial crisis.
Viewpoint
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China and the United States Are Equals. Now What?
Donald Trump’s Asia trip was historic in one respect: it belatedly focused American attention on the competition between the United States and China for global primacy. China has risen, the era of uncontested American leadership has ended, and any...
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11.17.17China's $38 Trillion Off-Balance Sheet Binge Poses Little Risk: UBS
Bloomberg
The Chinese finance sector’s 253 trillion yuan ($38 trillion) of off-balance sheet items pose little risk because more than two-thirds of them are relatively harmless components such as custodial funds and untapped credit-card limits, said UBS Group...
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11.17.17China Faces Waste Hangover after Singles’ Day Buying Binge
Reuters
China’s Singles’ Day online discount sales bonanza on Saturday saw bargain-hungry buyers spend over $38 billion, flooding the postal and courier businesses with around 331 million packages - and leaving an estimated 160,000 tonnes of packaging waste.
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11.17.17China Could Sell Trump the Brooklyn Bridge
New York Times
There is a saying — “When you don’t know where you’re going, any road will get you there” — and it perfectly sums up the contrast between China’s President Xi Jinping and President Trump.
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11.16.17'It's a Mistake to Underestimate China'
Atlantic
At the recent APEC CEO Summit in Vietnam, President Donald Trump said the United States would refocus its existing development efforts in Asia toward infrastructure investment that promotes economic growth.
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11.15.17China Could Sell Trump the Brooklyn Bridge
New York Times
There is a saying, “When you don’t know where you’re going, any road will get you there,” and it perfectly sums up the contrast between China’s President Xi Jinping and President Trump.
The China Africa Project
11.14.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/sri_xi.jpg?itok=sO7XBvqL)
China is Challenging the West’s Dominance in Foreign Aid
Quietly, and largely out of sight, China has emerged to become a major player in the foreign aid space, challenging institutions and norms long established by the West. Although China’s international development budgets remain a tightly guarded...
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11.14.17China Investment Growth Slows, Industrial Output Misses Expectations
CNBC
China’s fixed-asset investment growth slowed to 7.3 percent in the January-October period, and came in slightly below market expectations.
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11.14.17Amazon to Sell Part of Its Cloud Business in China
Wall Street Journal
Amazon.com Inc. said it would sell computing equipment used for its cloud services in China to its local partner, Beijing Sinnet Technology Co., in a move analysts said underscores the increasingly chilly atmosphere for foreign companies here.
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11.13.17China’s Three New Economic Challenges for the U.S.
Washington Post
President Donald Trump is scheduled to attend the Nov. 13-14 East Asia Summit, the last stop on a lengthy Asia trip. This year’s meeting brings together the leaders of 16 Asia-Pacific countries, the United States, Canada and Russia for a discussion...
The China Africa Project
11.10.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/nigeriantankermakers.jpg?itok=wmb8-WUR)
Chinese Investment is Reshaping Africa’s Manufacturing Sector
Author Irene Yuan Sun argues in her new book that Africa is poised to become the world’s next manufacturing hub, boosted by Chinese investment and production expertise. With costs steadily rising in the People’s Republic of China, more and more...
Viewpoint
11.10.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/gettyimages-872069970.jpg?itok=F-FNBYND)
Bathed in the Xi Jinping Bromance
Sitting in a grand salon of the Great Hall of the People in Tiananmen Square and awaiting the official arrival ceremony of President Trump was to be taken back to that period of Sino-Soviet amity when Stalin was Mao’s “big brother” and the Chinese...
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11.10.17AP FACT CHECK: US-China Trade Package Mostly about Symbolism
Washington Post
A trade and investment package announced during President Donald Trump’s visit to China is more about the art of diplomacy than the art of the deal.
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11.10.17Apec Summit: Trump and Xi Offer Competing Visions for Trade
BBC
US President Donald Trump and his Chinese counterpart Xi Jinping have set out starkly different visions for the future of global trade in speeches at a summit in Vietnam.
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11.10.17While We Obsess over Trump, China Is Making History
Washington Post
While news and analysis in the United States continue to be obsessed with President Trump’s daily antics and insults, halfway around the world, something truly historic just happened
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11.10.17These Are the 37 Major Deals US Firms Signed with Chinese Entities during Trump's Visit
CNBC
The Commerce Department has revealed the 37 major deals signed between U.S. and Chinese companies during President Donald Trump's trip through Asia, totaling more than $250 billion.
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11.09.17China's CEOs View Trump as a Dealmaker
Bloomberg
President Donald Trump’s ‘America First’ rhetoric on trade has prompted concerns among many that his words could soon be matched by action. Chinese executives say they’re not worried.
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11.09.17U.S. Companies Signed a Ton of Deals during Trump's China Trip
Fortune
U.S. companies, from chip giant Qualcomm to aircraft maker Boeing, announced a slew of deals on Thursday during U.S. President Donald Trump’s visit to Beijing. The deals could be valued as much as $250 billion, though some have been long in the...
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11.08.17Shaky U.S.-China Trade Relationship Will Top Trump's Agenda in Beijing
NPR
Soft lounge music pipes through the speakers as elegantly dressed shoppers peruse organic produce and meats at City'super, one of Shanghai's most upscale markets, a cross between Whole Foods and Louis Vuitton. But one look at the price of...
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11.07.17Bitcoin Proves Hard to Kill in China
Financial Times
Chinese investors are still trading bitcoin and buying initial coin offerings, suggesting authorities in Beijing are struggling to clamp down on cryptocurrencies just weeks after announcing that public exchanges would be shut down.
Viewpoint
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Sticking to the Script, Trump Seems to Internalize It
Slowly we are stitching our way across Asia on Donald J. Trump’s great five-nation oriental hegira. After a punishing 2:00 a.m. departure from Yokota Air Force Base outside Tokyo, we arrived this morning at Osan Air Base outside of Seoul, a reminder...
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11.03.17How China’s Economy Is Poised to Win the Future
Time
President Trump has plenty of work to do during his 10-day tour of Asia in November. In Japan and South Korea, he must reassure nervous allies that an “America first” foreign policy does not mean the U.S. has ceded regional dominance to China. In...
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11.03.17China Deflects Blame for Opioid Crisis as Trump Visit Nears
New York Times
As President Trump visits China next week, his vow to press for more stringent drug controls may run into resistance from a government loath to accept full responsibility for its role in the United States’ opioid problem.
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11.03.17China Deflects Blame for Opioid Crisis as Trump Visit Nears
New York Times
As President Trump visits China next week, his vow to press for more stringent drug controls may run into resistance from a government loath to accept full responsibility for its role in the United States’ opioid problem.
Conversation
11.02.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/trump_xi_sm.jpg?itok=7ErPojzk)
Trump Goes to Asia
Chinese officials like to talk about practicing “win-win” diplomacy. Their American counterparts sometime joke that this means China wins twice. From November 3 to November 14, Donald Trump will visit Japan, South Korea, Vietnam, the Philippines,...
Other
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Down from the Mountains (Reader-Friendly Version)
At 14 years old, Wang Ying doesn’t want to be a mother. She scowls darkly as her younger brother and sister squabble in the corner while she does the housework. But she grudgingly cleans up after them and cooks them a potato stew, which they eat...
Video
10.31.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/video/system/cold_mountain.jpg?itok=b-0cAIAG)
Down From the Mountains
At 14 years old, Wang Ying doesn’t want to be a mother. She scowls darkly as her younger brother and sister squabble in the corner while she does the housework. But she grudgingly cleans up after them and cooks them a potato stew, which they eat...
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10.27.17China’s Global Ambitions Could Split the World Economy
Bloomberg
After the fall of the Berlin Wall, many economists and policymakers assumed the world would become one happy, prosperous economy. Aided by the spread of capitalism and technology, countries would be increasingly knit together by trade, finance, and...
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10.25.17China Shuts Down Tens of Thousands of Factories in Unprecedented Pollution Crackdown
NPR
In the gritty industrial town of Yiwu, workers prepare jeans to be dyed in a vivid range of colors.Two months ago, this factory — and this entire city, located in China's eastern province of Zhejiang — was a much quieter place. Inspection crews...
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10.23.17China’s New Antipollution Push Could Cool Its Growth Engine
New York Times
China’s minister for environmental protection said Monday that even tougher measures will be coming.
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10.20.17China’s Skewed Sex Ratio Makes President Xi’s Job a Lot Harder
Quartz
As odd as it sounds, China’s economic policy is being held hostage by its heavily skewed sex ratio.
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10.20.17Which Industries Will China Set up in Xiongan, the President's Dream City?
South China Morning Post
Appointment of banking regulator to key role would boost confidence that the shrinking reform camp will still be able to influence policy
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10.19.17Chinese Property Boom Props up Xi’s Hopes for the Economy
Financial Times
Ocean Flower Island is a vision of luxury, Chinese-style. A man-made archipelago off the coast of the tropical island of Hainan in the South China Sea, it will boast thousands of apartments, 28 museums and 58 hotels including one which is “7-star...
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10.19.17China’s Reform Hopefuls Watch for Names. Only One May Matter.
New York Times
A decade ago, this city in southeastern China had a reputation as one of the country’s grimmest, with smoggy skies, chronic traffic jams and streams so foul that they had to be paved over to contain the stench.
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10.19.17China’s "Rogue Aid" to Africa Isn't as Much or as Controversial as We Thought
Quartz
A decade ago, a New York Times columnist coined the term “rogue aid” to describe China’s financial assistance in the developing world: nontransparent, nondemocratic, and above all self-interested. Since then, the label has stuck.
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10.18.17China Is Quietly Reshaping the World
Atlantic
The Pakistani town of Gwadar was until recently filled with the dust-colored cinderblock houses of about 50,000 fishermen. Ringed by cliffs, desert, and the Arabian Sea, it was at the forgotten edge of the earth. Now it’s one centerpiece of China’s...
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10.18.17The Human Cost of China’s Economic Reforms
BBC
Mr Yu is worried that millions of workers the Chinese government plans to lay off from failing state owned companies will be “abandoned” like he says he was 15 years ago.
Viewpoint
10.17.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/xi_jinping.jpg?itok=Kdpi73B5)
Stein Ringen: ‘The Truth About China’
Democracies have found it difficult to deal with the great dictatorships. So now with China. The first difficulty is to recognize just what we are up against, and to avoid wishful thinking.In his first five years, Xi Jinping has reshaped the Chinese...
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10.17.17How China's Financial Cracks Could Spread
Wall Street Journal
Can financial turmoil in China play havoc with the rest of the world? It has already happened.
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10.16.17Is Xi a Threat to Foreign Businesses in China?
Bloomberg
In a speech at this year’s annual meeting of the World Economic Forum in Davos, Xi Jinping said choosing protectionism was akin to “locking yourself in a dark room.” But his rhetoric doesn’t square with reality, multinationals say.
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10.16.17China’s Huawei Could Overtake Apple This Year in Smartphones, Top Analyst Says
CNBC
In the second quarter of this year, Huawei held a 11.3 percent market share, shipping 38.5 million units, IDC data show. Apple meanwhile shipped 41 million iPhones and had a 12 percent market share in the same period.
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10.16.17In China, Trading Begins on WeChat
Bloomberg
Regulators elsewhere may be clamping down on the financial industry’s use of private messaging apps, but in the world’s second-largest economy the practice is flourishing.
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10.16.17China Seeks Dominance of Global AI Industry
Financial Times
While the National Science Foundation in the US has no increase in funding this year, China has promised to “vigorously use governmental and social capital” to dominate the industry.
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10.16.17China's Pollution Crackdown Is Gaining Momentum
Bloomberg
That political will overlaps with an economic need to rein in surplus production of steel, aluminum and other basic materials after years of over-investment. How and when that capacity gets replaced will be a key factor in the economy’s performance...
Conversation
10.16.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/standing_committee-sm.jpg?itok=0v_VAs7l)
What to Watch at China’s Party Congress
The Chinese Communist Party’s 19th Party Congress, a hugely important political meeting usually held once every five years, will begin on October 18 in Beijing. Like many events involving China’s ruling party, the most important decisions and...
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10.13.17China September Exports up 8.1%, Imports up 18.7% as Trade with North Korea Slides
CNBC
China reported strong trade data on Friday just days ahead of a major Communist Party Congress.
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10.12.17Xi Jinping Has More Clout Than Donald Trump. The World Should Be Wary
Economist
American presidents have a habit of describing their Chinese counterparts in terms of awe. A fawning Richard Nixon said to Mao Zedong that the chairman’s writings had “changed the world”. To Jimmy Carter, Deng Xiaoping was a string of flattering...
The NYRB China Archive
10.12.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/xi_world_leaders-sm.jpg?itok=boeMYfvY)
The Chinese World Order
from New York Review of Books
Ten years ago the journalist James Mann published a book called The China Fantasy, in which he criticized American policymakers for using something he called “the Soothing Scenario” to justify the policy of diplomatic and economic engagement with...
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10.11.17China Treats Its Foreign Aid Like a State Secret. New Research Aims to Reveal It.
Washington Post
Since the turn of the century, China has become an unavoidable global provider of foreign assistance, funding everything from opera houses in Algeria to tobacco farms in Zimbabwe.
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10.11.17China to Debtors: Pay up or Be Shamed
New York Times
Troubled by huge debts run up by big state companies and politically connected local governments, China is taking steps instead to go after the little guys.
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10.10.17China Hastens the World toward an Electric-Car Future
New York Times
There is a powerful reason that automakers worldwide are speeding up their efforts to develop electric vehicles — and that reason is China.
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10.09.17Breakingviews - China's Oil Giants Brace for Electric Car Crash
Reuters
China’s push into new energy vehicles (NEVs) – including battery-powered and hybrid cars – could curb demand for black gold. Sinopec and PetroChina will be hardest hit. The policy will also add to downward pressure on global crude prices.
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10.09.17Accelerating Fintech in China
TechCrunch
China’s expeditious adoption of fintech is generating profits not only for startups, but also the companies investing in them. Sitting in the headquarters of FinPlus, a fintech venture capital firm and accelerator, its CEO, Mosso Lau, said, “There...
The China Africa Project
10.09.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/african_in_china.jpg?itok=Rss7Au2b)
New Documentary Portrays Nuanced View of Africans’ Experience Living in China
When filmmakers Zhang Yong, Hodan Abdi, and Fu Dong set out to make a new documentary on the African migrant experience in China, they were determined to ensure that their own voices and experiences came through in the story. Until now, most if not...
Conversation
10.06.17![](https://www.chinafile.com/sites/default/files/styles/system/public/assets/images/article/system/bitcoin-sm.jpg?itok=4-qJmiJh)
Is China the Future of Bitcoin, or Its Past?
China often dominates the market for Bitcoin, a virtual currency managed by a decentralized network of computers: at points over the last few years, China may have accounted for more than 75 percent of Bitcoin trading. Energy subsidies there make it...
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10.04.17What We Know about China’s 19th Party Congress and the Possible Economic Fallout
Forbes
On October 18, China will hold its 19th National Party Congress, which will provide broad indications for economic policy in the coming years. While it has been projected that there will be significant changes among the top party members, President...
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10.04.17In China, Cryptocurrency Sales Persist in the Shadows
Wall Street Journal
Three days after Chinese regulators outlawed cryptocurrency fundraising in early September, a woman met with half a dozen individuals at a Beijing golf club to pitch a digital-currency investment opportunity.
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10.03.17China's Real Reasons for Enforcing North Korea Sanctions: Trump, Party Congress
CNBC
Washington has praised the world's second-largest economy for making progress in enforcing sanctions imposed on North Korea. But China's current measures may just be a temporary move for its own gain.