Modern China was built on the nearly thirty ruthless years of Mao’s rule. The country’s elite—the “literati” of educated small landowners who held the empire together at the local level—was brutally eliminated. Almost everyone’s...
This book is about the growth of shadow banking in China and the rise of China’s free markets. Shadow Banking refers to capital that is distributed outside the formal banking system, including everything from Mom and Pop lending shops to online credit to giant state owned banks called Trusts. They have grown from a fraction of the economy 10 years ago to nearly half of all China’s annual 25 trillion renminbi (U.S.$4.1 trillion) in lending in the economy today.
As the post-World War II order adjusts to a rising China, America’s predominance in the Asia-Pacific faces new challenges. Over the past five years, China has substantially built up its navy and demonstrated more assertive...
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.
Li Xin is the Managing Director of Caixin Global, the English-language arm of China’s most authoritative financial news source, Caixin. For over 10 years, she has worked closely with the Editor-in-Chief of Caixin...
If there were just one Chinese in the world, he could be the lonely sage contemplating life and nature whom we come across on the misty mountains of Chinese scrolls. If there were two Chinese in the world, a man and a woman, lo,...
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...
China now owns more than half of Kenya’s external debt, and that figure is likely to grow even higher as President Uhuru...
Both the United States and People’s Republic of China...
Welfare, Work, and Poverty provides the first systematic and comprehensive evaluation of the impacts and effectiveness of China’s primary social assistance program—the “dibao,” or “Minimum Livelihood Guarantee”—since its inception in 1993. The dibao serves the dual function of providing a basic safety net for the poor and maintaining social and political stability. Despite currently being the world’s largest welfare program in terms of population coverage, evidence on the dibao’s performance has been lacking.
President Trump will travel to Europe in May for his first time since taking office to meet with European Union (E.U.) leaders, attend a NATO meeting, and visit the organization’s headquarters in Brussels. Although he has walked...
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...
Western news coverage of China’s engagement in Africa often is confined to the business section, generally focusing on loans, resource deals, or other financial dealings. Moreover, ambitious international feature reporting,...
Charlene Barshefsky was a name you couldn’t avoid if you were in Beijing in the late 1990s. As the United States Trade Representative from 1997 to 2001, she led the American team that negotiated China’s accession to the World...
One hundred days into Donald Trump’s presidency, he has shocked the establishment and foreign governments with many foreign policy reversals, and also some surprising areas of consistency. In this podcast, Paul Haenle sat down...
In the eighteenth and nineteenth centuries, booming demand for natural resources transformed China and its frontiers. Historians of China have described this process in stark terms: pristine borderlands became breadbaskets. Yet Manchu and Mongolian archives reveal a different story. Well before homesteaders arrived, wild objects from the far north became part of elite fashion, and unprecedented consumption had exhausted the region’s most precious resources.
China-watching isn’t what it used to be. Not too long ago, the field of international China studies was dominated by a few male Westerners with an encyclopedic knowledge of China, but with surprisingly little experience living in...
Beijing-based investment attorney Kai Xue joins Eric and Cobus to discuss why he thinks Africa is no longer appealing to Chinese companies. Kai Xue is a longtime Sino-African affairs analyst and carefully monitors trade, foreign...
French schoolchildren used to be taught that they were descended from the Gauls, a tribe that emerged around the fifth century BC. It is a common conceit of 19th-century nationalism that citizens of modern nation-states can trace...
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.
Since their beginning in 2005, Confucius Institutes (CIs) have been set up to teach Chinese language classes in more than 100 American colleges and universities, including large and substantial institutions like Rutgers University, the State...
China’s embrace of multilateral diplomacy in Africa is a relatively new phenomenon. For years, Beijing rejected the Western aid model, preferring instead to work bilaterally with African governments where they often employed aid (...
Many have viewed the tribute system as China’s tool for projecting its power and influence in East Asia, treating other actors as passive recipients of Chinese domination. China's Hegemony sheds new light on this system and shows that the international order of Asia’s past was not as Sinocentric as conventional wisdom suggests. Instead, throughout the early modern period, Chinese hegemony was accepted, defied, and challenged by its East Asian neighbors at different times, depending on these leaders’ strategies for legitimacy among their populations.
Chris Buckley is a highly regarded and very resourceful correspondent based in Beijing for The New York Times. He has worked as a researcher and journalist in China since 1998, including a stint at Reuters, and is one of...
China’s labor landscape is changing, and it is transforming the global economy in ways that we cannot afford to ignore. Once-silent workers have found their voice, organizing momentous protests, such as the 2010 Honda strikes, and demanding a better deal. China’s leaders have responded not only with repression but with reforms. Are China’s workers on the verge of a breakthrough in industrial relations and labor law reminiscent of the American New Deal?
China’s influence in the world has become a persistent theme of these early days of the Donald Trump era. During his campaign, Trump portrayed China (not entirely incorrectly) as the leading malefactor in the politics of...
One week before their first in-person meeting, President Trump told the world on Twitter that he expected the dialogue with his Chinese counterpart Xi Jinping to be “a very difficult one” unless China was prepared to make major...
In this edition of the China in Africa podcast, we pull the focus back to look at China’s rapidly evolving foreign policy agenda in this new era of Western populism led by Donald Trump in the United States.
François...
All eyes are on Mar-a-Lago this week, where Chinese President Xi Jinping and U.S. President Donald Trump will meet for the first time. The summit is expected to be heavy on symbolism rather than on concrete deliverables, but the...
When Deng Xiaoping launched China on the path to economic reform in the late 1970s, he vowed to build “socialism with Chinese characteristics.” More than three decades later, China’s efforts to modernize have yielded something very different from the working people’s paradise Deng envisioned: an incipient kleptocracy, characterized by endemic corruption, soaring income inequality, and growing social tensions.
Saudi King Salman bin Abdulaziz’s recent state visit to Beijing is the latest evidence that China is maneuvering to play a bigger role in the Middle...
While President Trump appoints new officials to his administration and reviews policy frameworks, Asia-Pacific leaders are moving ahead. Since taking office, Trump has grappled with consequential developments in the region,...
If China will rule the world one day, who will rule China? There are more than 320 million Chinese between the ages of 16 and 30. Children of the one-child policy, born after Mao, with no memory of the Tiananmen Square massacre, they are the first net native generation to come of age in a market-driven, more international China. Their experiences and aspirations were formed in a radically different country from the one that shaped their elders, and their lives will decide the future of their nation and its place in the world.
While President Trump appoints new officials to his administration and reviews policy frameworks, Asia-Pacific leaders are moving ahead. Since taking office, Trump has grappled with consequential developments in the region,...
Politics is always about pomp and pageantry, but as pure, stultifying ritual few occasions can compare to the convening of the Chinese parliament, the National People’s Congress, which ended this week. No matter what is happening...
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...
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.
Since Marco Polo, the West has waited for the “Asian Century.” Today, the world believes that Century has arrived. Yet from China’s slumping economy to war clouds over the South China Sea and from environmental devastation to demographic crisis, Asia’s future is increasingly uncertain. Historian and geopolitical expert Michael Auslin argues that far from being a cohesive powerhouse, Asia is a fractured region threatened by stagnation and instability.
Jane Perlez has been a reporter at The New York Times since 1981. She won a Pulitzer Prize in 2009 for coverage of the war against the Taliban and al Qaeda in Pakistan and Afghanistan. She has reported on wars, diplomacy...
The Trump administration has spurred a debate in the United States on how to best manage the complex bilateral relationship with Russia. Paul Haenle sat down with Carnegie scholars Andrew Weiss, Paul Stronski, and Alexander Gabuev...
Over the course of 66 days in 1967, more than 4,000 “class enemies”—including young children and the elderly—were murdered in Daoxian, a county in China’s Hunan province. The killings spread to surrounding counties, resulting in a combined death toll of more than 9,000. Commonly known as the Daoxian massacre, the killings were one of many acts of so-called mass dictatorship and armed factional conflict that rocked China during the Cultural Revolution.
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.
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...
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....
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.
President Trump agreed to honor the U.S. “one China” policy in his first phone call with President Xi Jinping since taking office, providing the basis for bilateral relations to move forward. Shortly after the February 9 call, Paul Haenle spoke...
The Chinese were gloating over the flaws of the American political system long before the election of Donald J. Trump. Coming from an obsessively orderly system, they were again and again baffled by an institutional setup that...
In this episode, award-winning Shanghai-based environmental journalist Shi Yi joins Eric and Cobus to discuss the emerging crisis over the illegal trade of Congolese bloodwood. She recently reported on how surging demand in China...
Two weeks into President Trump’s first term, the White House has launched a review of its North Korea policy. Dealing with the threat from Pyongyang’s missile launches and nuclear weapons program is likely to top the...
Within the next decade, China could be home to more Christians than any other country in the world. Through the 150-year saga of a single family, this book vividly dramatizes the remarkable religious evolution of the world’s most populous nation. Shanghai Faithful is both a touching family memoir and a chronicle of the astonishing spread of Christianity in China. Five generations of the Lin family—buffeted by history’s crosscurrents and personal strife—bring to life an epoch that is still unfolding.
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...
Unlikely Partners recounts the story of how Chinese politicians and intellectuals looked beyond their country’s borders for economic guidance at a key crossroads in the nation’s tumultuous 20th century. Julian Gewirtz offers a dramatic tale of competition for influence between reformers and hardline conservatives during the Deng Xiaoping era, bringing to light China’s productive exchanges with the West.
Alec Ash, a young British writer who lives in Beijing, has covered “left-behind” children in Chinese villages, the “...
