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...

China Drills Again Near Taiwan as Island Warns of Threat

Ben Blanchard and J.R. Wu
Reuters
Chinese jets and warships carried out exercises near Taiwan and into the Western Pacific on Thursday, as the self-ruled island's defense minister warned of a growing threat from its giant neighbor.

How Trump Could Find Common Ground with China, Thanks to the Islamic State

Adam Taylor
Washington Post
Since the election of Donald Trump, the relationship between Washington and Beijing has appeared strained. Despite diplomatic efforts to bridge the gap, China and the United States are at loggerheads over a variety of issues, including trade and...

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}

‘All-out Offensive’ in Xinjiang Risks Worsening Grievances

Carrie Gracie
BBC
China is in the midst of what it calls a “people's war on terror” in its far west. What sparked this latest campaign was a knife attack.

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.

China Accuses Western Media of ‘Fake News’ about Human Rights

Tom Phillips
Guardian
China has launched a Donald Trump-style attack on foreign media, branding claims that a leading human rights lawyer was tortured by government agents “fake news.”

Ordinary Citizens Are Hoping to Make a Difference at China’s Biggest Political Meet-Up

Charlie Campbell
Time
China’s “two sessions” kicks off this week, bringing together all of the movers and shakers from the top echelons of government for the nation’s two big annual political shindigs.

Viewpoint

03.01.17

Is the U.S.’s Withdrawal China’s Gain in Latin America?

Latin Americans can’t afford to wait four years to see when the United States will be willing to have an honest and reciprocal conversation about economic prosperity in the Western Hemisphere. Luckily for the U.S.’s southern neighbors, over the past...

ISIL Video Threatens China with ‘Rivers of Bloodshed’

Al Jazeera
ISIL fighters from China’s Uighur ethnic minority have vowed to return home and “shed blood like rivers” in what security experts said marked the first such threat against Chinese targets.

Trump’s Not Telling the Whole Story on Trade, China Claims

Fox News
Beijing fired back Wednesday at President Trump’s claim that the U.S. has “lost 60,000 factories” since China joined the World Trade Organization, with a top diplomat suggesting the president told only part of the story.

Trump Promises More Coal and Steel Jobs. China Is cutting 500,000

Jethro Mullen
CNN
As President Trump talked up his plans to help American coal and steel workers in his address to Congress, a top official thousands of miles away in Beijing was detailing China’s plans to cut half a million jobs in heavy industries this year.

The Army Gets Back in the Ship-Killing Business

Jeremy Hsu
Wired
Since1996, the Chinese military has steadily expanded its umbrella of land-based missiles, strike aircraft, and submarines designed to overwhelm both U.S. air bases and carrier strike groups.

As Atheist China Warms to the Vatican, Religious Persecution ‘Intensifies’

James Griffiths and Matt Rivers
CNN
According to a new report from U.S.-based NGO Freedom House, persecution of Chinese Christians and other faith groups has “intensified” in recent years.

China Isn’t Displacing Traditional Aid Donors in Africa

Haley J. Swedlund
Quartz
Chinese foreign minister Wang Yi’s decision to make Africa his first stop on a five-nation tour in early January highlights the importance China places on its relations with Africa.

Russia, China Block U.N. Sanctions on Syria over Gas Attacks

Michelle Nichols
Reuters
Russia on Tuesday cast its seventh veto to protect the Syrian government from United Nations Security Council action, blocking a bid by Western powers to impose sanctions over accusations of chemical weapons attacks during the six-year Syrian...

Conversation

02.28.17

Is The Trump Era Really The Xi Era?

Paul Haenle, Shen Dingli & more
On February 17, China’s Communist Party Chairman Xi Jinping announced what he called the “two guidances.” Beijing should now “guide the international community to jointly build a more just and reasonably new world order,” Xi said in an important...

Is China a Partner or Predator in Africa (or Both)?

Eric Olander, Cobus van Staden & more
In this week’s episode of the China in Africa podcast, Matt Ferchen from the Carnegie-Tsinghua Center for Global Policy in Beijing joins Eric and Cobus to discuss his new paper on the perception gaps that exist around the world regarding China’s...

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 

Books

02.28.17

Everything Under the Heavens

Howard W. French
From the former New York Times Asia correspondent and author of China’s Second Continent, an incisive investigation of China’s ideological development as it becomes an ever more aggressive player in regional and global diplomacy.For many years after its reform and opening in 1978, China maintained an attitude of false modesty about its ambitions. That role, reports Howard French, has been set aside. China has asserted its place among the global heavyweights, revealing its plans for pan-Asian dominance by building its navy, increasing territorial claims to areas like the South China Sea, and diplomatically bullying smaller players. Underlying this attitude is a strain of thinking that casts China’s present-day actions in decidedly historical terms, as the path to restoring the dynastic glory of the past. If we understand how that historical identity relates to current actions, in ways ideological, philosophical, and even legal, we can learn to forecast just what kind of global power China stands to become–and to interact wisely with a future peer.Steeped in deeply researched history as well as on-the-ground reporting, this is French at his revelatory best. —Penguin Random House{chop}

US-China Relations: Trump Meets Senior Official Yang Jiechi

BBC
A senior Chinese diplomat had a brief meeting with President Donald Trump while at the White House for talks with the president's advisers

‘The President Always Gets Something’: Spicer Suggests Trump Gained Concession from China

Tom Phillips
Guardian
Before taking power Trump hinted he might reverse the US’s stance on Taiwan but later back-pedaled, prompting speculation he had capitulated to Beijing

China Capital Crackdown Threatens Wave of Overseas Buyouts

Don Weinland
Financial Times
Delay in Wanda’s $1bn takeover of Golden Globes producer signals shift in Beijing

China Considers Baby Bonus for Couples to Have Second Child

Justin Heifetz
CNN
The Chinese government may consider giving families financial incentives to have a second child in a bid to reach higher birth rate targets 

New Gambia Government Says Committed to ‘One China’ Policy

Reuters
Gambia’s new government has endorsed the “one China” policy and said it would not establish any official relations or contacts with Taiwan, continuing a policy adopted in March 2016 by the government of former leader Yahya Jammeh.

Viewpoint

02.27.17

Back to the Jungle?

Zhang Boshu
The recent election of Donald J. Trump as the president of the United States is likely to have a profound effect on world history. The issue is not the controversies raised by Trump’s character, personality, abilities, and preferences, but rather...

How to Persuade China to Squeeze North Korea’s Lifeline

Patricia Kim
Foreign Policy
Beijing is reluctant to give Pyongyang a real ultimatum—but the U.S. can bring it round

Corporate China Hits Global Debt Market Milestone

Jennifer Hughes and Don Weinland
Financial Times
Banks and other corporate borrowers quietly encouraged to raise money offshore

Picking a Fight over China’s Currency Will Snowball: Analyst

Leslie Shaffer
CNBC
If U.S. President Donald Trump proceeds with plans to label China a currency manipulator, the confrontation would likely escalate beyond trade, David Roche, global strategist at Independent Strategy, told CNBC on Monday.

China Is Likely to Ramp up Its Naval Abilities in Response to Trump’s Unpredictability

Ben Blanchard and Michael Martina
Time
The PLA Navy is likely to secure significant new funding in China’s upcoming defense budget as Beijing seeks to check U.S. dominance of the high seas and step up its own projection of power around the globe.

Fraud Case, Holiday Dispute Further Divide Old Rivals China, Taiwan

Ralph Jennings
Voice of America
Relations between old rivals China and Taiwan have been shaken again over a foreign extradition case and Beijing’s re-interpretation of a Taiwanese political holiday, stalling any prospects for dialogue or cooperation.

China Is Making Life Hard for South Korea Because of an Antimissile System in over 40 Petty Ways

Echo Huang
Quartz
Relations between China and South Korea have been icy of late, to say the least.

Trump Accuses Chinese of Being ‘Grand Champions’ of Currency Manipulation

Newsweek
President Donald Trump declared China the “grand champions” of currency manipulation on Thursday, just hours after his new Treasury secretary pledged a more methodical approach to analyzing Beijing’s foreign exchange practices.

China Seeks Baby Boom to Counter Sluggish Birth Rates

Gabriel Wildau
Financial Times
Chinese authorities are looking at ways to encourage people to have more children, less than 18 months after dropping the country’s contentious one-child policy in a bid to boost birth rates and stave off a demographic decline.

China and North Korea Reveal Sudden, and Deep, Cracks in Their Friendship

Jane Perlez
New York Times
For decades, North Korea could count on China as a loyal ally despite the erratic behavior of the ruling Kim dynasty. But by this week, things may have gone too far, with North Korea unleashing a tirade in which it deployed some of the most damning...

China Overtakes U.S. and France as Germany’s Biggest Trading Partner

CNBC
China for the first time became Germany’s most important trading partner in 2016, overtaking the United States, which fell back to third place behind France, data showed on Friday.

North Korea Mocks China for ‘Dancing to U.S. Tune’

Jonathan Cheng and Chun Han Wong
Wall Street Journal
North Korea appeared to lash out at Beijing in a state-media commentary published Thursday, aiming unusually pointed rhetoric at a powerful neighbor that Pyongyang has long relied on for economic and diplomatic support.

Mnuchin Says He Won’t Label China a Currency Manipulator...Yet

Kevin Cirilli and Saleha Mohsin
Bloomberg
Treasury Secretary Steven Mnuchin signaled no urgency to designate China a currency manipulator, saying he wants to use a regular review of foreign-exchange markets to determine if the U.S.’s largest trading partner is cheating.

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.

China Shakes up Top Economic Team ahead of Major Power Shuffle

Lingling Wei and Chun Han Wong
Wall Street Journal
President Xi Jinping is shaking up his economic team ahead of a major power shuffle as China battles rising financial risks at home and friction with its trading partners.

We Must Resist until China Gives Hong Kong a Say in Our Future

Joshua Wong and Emily Lim
Guardian
If Beijing allows human rights to deteriorate in Hong Kong, then the whole country will lose all hope of reform

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...

Chinese President Xi Jinping Has Vowed to Lead the “New World Order”

Zheping Huang
Quartz
Chinese president Xi Jinping has vowed for the first time that China should take the lead in shaping the “new world order” and safeguarding international security, one of the latest moves putting him in stark contrast to Donald Trump and the U.S...

China Finishing South China Sea Buildings that Could House Missiles

Idrees Ali
Reuters
China has nearly finished building almost two dozen structures on artificial islands in the South China Sea that appear designed to house long-range surface-to-air missiles, two U.S. officials told Reuters.

Tillerson Affirms Importance of Constructive U.S.-China Ties

CNBC
U.S. Secretary of State Rex Tillerson spoke by telephone with China’s top diplomat on Tuesday and affirmed the importance of a constructive U.S.-China relationship, and the two agreed on the need to address the threat posed by North Korea

Is China Pushing Trump to Talk to North Korea?

Jane Perlez
New York Times
Now President Xi Jinping of China has essentially said: We have done our part in enforcing sanctions. Over to you, Mr. Trump.

How the Communist Party Guided China to Success

New York Times
One of Sebastian Heilmann’s major works is a comprehensive guide to how China is governed, now updated and translated into English as China’s Political System. This is a wide-ranging examination of how the system works—how it guides the economy,...

‘We the Workers’: On the Front Lines of China’s Record-Level Labor Unrest

James Griffiths
CNN
Zhang Zhiru is one of a shrinking number of Chinese labor activists helping workers in the world’s second largest economy fight for their rights—an ongoing crackdown has seen dozens detained and slapped with heavy prison sentences.

Trump’s Feminist Critics Gagged by Chinese Internet Giant Weibo

Tom Phillips
Guardian
Chinese feminists have hit out at their country’s answer to Twitter after it gagged one of their movement’s most visible social media accounts in an apparent bid to stifle criticism of U.S. president Donald Trump.

China to Suspend All Imports of Coal from North Korea

Reuters
China will suspend all imports of coal from North Korea starting Feb. 19, the country’s commerce ministry said in a notice posted on its website on Saturday, as part of its efforts to implement United Nations sanctions against the country.

South China Sea: U.S. Carrier Group Begins ‘Routine’ Patrols

BBC
U.S. aircraft carrier the USS Carl Vinson has started what it calls “routine operations” in the South China Sea, with a fleet of supporting warships.

What Does Trump Want? China Scours Twitter, Cocktail Parties for Clues

Bloomberg
Now one of the big questions is which view prevails in the White House: The more moderate voices of Branstad, Kushner and Pentagon chief James Mattis? Or China hardliners such as strategist Steve Bannon and trade adviser Peter Navarro?

Africa to Pivot to China as U.S. Support Fades Under Trump

Eric Olander, Cobus van Staden & more
In this episode, international economist Anzetwe Were joins Eric and Cobus from Nairobi to discuss her recent column in Business Daily (Kenya) on how Africa is bracing for a Trump-inspired shift towards to China in response to the new U.S. president...

China Opposes U.S. Naval Patrols in South China Sea

Michael Martina
Reuters
China said on Tuesday it opposed action by other countries under the pretext of freedom of navigation that undermined its sovereignty, after a U.S. aircraft carrier strike group began patrols in the contested South China Sea 

China Orders GPS Tracking of Every Car in Troubled Region

Tom Phillips
Guardian
Security officials in China’s violence-stricken north-west have ordered residents to install GPS tracking devices in their vehicles so authorities are able to keep permanent tabs on their movements 

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 

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

Managing NGOs in China

Yongshun Cai
China Policy Institute Blog

Books

02.16.17

Chinese Theology

Chloë Starr
In this groundbreaking and authoritative study, Chloë Starr explores key writings of Chinese Christian intellectuals, from philosophical dialogues of the late imperial era to micro-blogs of pastors in the 21st century. Through a series of close textual readings, she sheds new light on such central issues in Chinese theology as Christian identity and the evolving question of how Christians should relate to society and state.Reading these texts in their socio-political and traditional literary contexts, Starr opens a new conversation about the nature of Chinese theology and the challenge it offers to a broad understanding of how theology is created and contextualized. Concentrating on those theologians who have engaged most actively with their cultural and political milieus, Starr argues throughout her readings, as she examines how Chinese literary traditions and reading patterns have shaped Chinese theology, that text is as important as context. —Yale University Press{chop}

China Loses a Friend, and Leverage, with North Korean Murder

Bloomberg
The mysterious death of Kim Jong Un’s half-brother removed a potential avenue for China to press the North Korean leader to rein in his nuclear ambitions.