After months of downbeat economic news and little action from the Chinese government, Beijing has announced a slew of stimulus measures. Are the stimulus measures enough to make a difference and are they going to work as long as secular trends...
The 1980s were an extraordinary time of hope in China, both for its citizens and for foreign visitors. Anne Stevenson-Yang first went to China in 1985, where she was enchanted by the lively cultural scene and what seemed to be the growing...
Some observers have been predicting an economic collapse in China for decades. Others have long predicted that China would be stuck in a middle-income trap or some other type of economic stagnation. Might some of these predictions come true this...
Does the United States have more to fear from a powerful China that continues to strengthen or from a powerful China that begins to decline? While the question takes into account the economic, military, and diplomatic strides China has made over...
In a small Chinese town where unemployment has run high during the COVID-19 pandemic, the local government has embraced a surprising remedy to joblessness: public toilets. Fugong Village, in Guangdong province, usually sees nearly half of its...
Trade figures for 2022 released earlier this month show U.S.-China goods trade hit a record high of $690.6 billion, despite ongoing tensions. How should we interpret these latest figures? Do these numbers obscure medium and long term trends? Or...
In this episode of the China in the World podcast, Paul Haenle speaks with Anushka Wijesinha about the ongoing political and economic crisis in Sri Lanka. The discussion covers the domestic and international causes of Sri Lanka’s debt crisis,...
China has recorded its highest level of unemployment among urban youth since the country began tracking it in 2018. In March, 16 percent of Chinese city-dwellers aged 16 to 24 were unemployed, compared to 13.6 percent a year earlier. In May, that...
In recent weeks, news has emerged that China may be slowing its Big Tech regulations. On Tuesday, the CPPCC held a special meeting on the digital economy, with Vice Premier Liu He highlighting the need “to support the platform economy.” This...
Over the past two weeks, as the outbreak of the virus known has COVID-19 has accelerated its deadly spread around the world, an already collapsing U.S.-China relationship appears to be entering a period of free fall. This is happening at a moment...
Da Wei argues that shifting domestic politics in China and the United States are negatively impacting bilateral ties. In Washington, there is no longer widespread support for engagement with China. In Beijing, debates over the role of the state...
Few people could tell you what happened on December 11, 2001, yet China’s accession to the World Trade Organization (WTO) will define the geopolitics of the 21st century. What were Western leaders thinking at the time? This book tells the story of the most successful trading nation of the early 21st century. It looks at how the Chinese Communist Party has retained and cemented its monopoly of political power, producing unimagined riches for the political elite. It is the most extraordinary economic success story of our time, and it has reshaped the geopolitics not just of Asia but of the world. As China has come to dominate global manufacturing, its power and influence has grown. This economic power is being translated into political power, and the West now has a global rival that is politically antithetical to liberal values.
The trade war between the United States and China has not given either side much to cheer about. As of January, Washington has levied 10 percent tariffs on U.S.$250 billion in Chinese goods, and China has reciprocated with similar tariffs on U.S...
The U.S.-China trade war has always been about more than just trade. Among other issues, it represents a move towards the decoupling of the two economies. Sometime within the next few weeks, Washington and Beijing may call a truce on the trade...
Shi points to two important turning points in China’s shift to a more assertive foreign policy: the 2008 global financial crisis, which made it clear that China’s economic development was an important engine for global growth; and Xi Jinping’s...
Pretty much every major economic indicator suggests that the Chinese economy will continue its downward momentum in 2019. Industrial production, retail sales, and even the once red-hot property market are all showing real signs of weakness. Some...
Yan asserts the U.S.-China relationship is experiencing structural disruptions, the resolution of which will have a lasting impact on the two countries. He says the tensions in the U.S.-China relationship are primarily due to the narrowing gap...
Haenle and Cui discuss lessons from the past 40 years of the bilateral relationship, central areas of cooperation and competition, and a future framework that will allow China and the U.S. to avoid conflict. Cui asserts that U.S. and Chinese...
Wang says that it has been primarily China’s development that has driven changes in the U.S.-China relationship going back to the Qing Dynasty. However, the U.S. still has significant influence and can play an important role in guiding China’s...
U.S.-China trade is not merely a political question; it exists within a massive system that has been built over decades, the accretive results of countless choices by governments, businesses, consumers, and workers. It is at once a heaving,...
Mega-famous Chinese actress Fan Bingbing emerged from months of silence to admit on Weibo that she had evaded taxes and owed over U.S.$100 million worth of civil fines to Chinese authorities. In a remarkable apology, Fan wrote that, “without good...
The Trump administration has taken a more confrontational approach to bilateral relations with China, implementing tariffs on nearly half of all Chinese exports to the U.S. and treating Beijing as a strategic competitor across many aspects of the...
The G7 debacle reminded Europeans the problems with relying on a fraying transatlantic partnership. Meanwhile, China has been playing a larger role on the continent, increasing its investment and its political influence. On July 6-7, Bulgaria...
For the past year or so, senior U.S. government officials have been accusing China of engaging in so-called “debtbook diplomacy,” a tactic that Washington contends intentionally burdens developing countries with billions of dollars of loans. When...
China’s “Made in China 2025” policy to upgrade its industry plays a central role in the ongoing U.S.-China trade tensions. Paul Haenle sat down with Paul Triolo, practice head of Geo-technology at the Eurasia Group, to discuss how the Chinese...
One year ago, the Chinese and Indian armies faced off at Doklam, a disputed Himalayan area on the border between China, India, and the tiny kingdom of Bhutan. While the two sides didn’t go to war over the border as they did in 1962, tensions were...
Following a year marked by mounting tensions between China and India, President Xi Jinping and Prime Minister Narendra Modi met in Wuhan for an informal summit in April to reset the relationship. Major points of tension dominating China-India...
In the midst of roiling trade tensions between the United States and China, last week Treasury Secretary Steve Mnuchin led a delegation of Donald Trump’s top economic advisors to Beijing. Demands were made in both directions and talks were...
China has loaned Angola an estimated U.S.$60 billion dollars since the two countries established diplomatic relations back in 1983, making it one of the top destinations for Chinese financing in Africa. Angola is especially attractive for the...
Xi’s speech to announce market reforms could help heal U.S.-China trade frictions.
China is reporting its fastest economic growth in seven years, saying its gross domestic product grew by 6.9 percent in 2017.
Perhaps no other country felt the economic cost of China’s wrath as South Korea did this year.
China hit back at the U.S. after it branded the East Asian giant a competitor, accusing it of distorting the country's intentions and adopting a "Cold War" mentality.
The summit was intended to cement improved relations after a frosty period of tension between China and South Korea.
China and the United States announced a record-breaking “gift pack” of a quarter of a trillion US dollars worth of business deals as the presidents of the two nations wrapped up their talks on Thursday.
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.
President Trump and Chinese leader Xi Jinping say they have agreed to work together on the denuclearization of North Korea and closer cooperation on trade.
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...
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...
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, “...
China’s rise is altering global power relations, reshaping economic debates, and commanding tremendous public attention. Despite extensive media and academic scrutiny, the conventional wisdom about China’s economy is often wrong. Cracking the China Conundrum provides a holistic and contrarian view of China’s major economic, political, and foreign policy issues.
Chinese Premier Li Keqiang will hold a roundtable meeting with leaders of six major international economic and financial institutions in Beijing next Tuesday, Foreign Ministry spokesperson Geng Shuang said on Wednesday.
Chinese entrepreneur Li Hejun, who briefly held the title of China’s richest man, was just banned from Hong Kong’s business world.
A Hong Kong court ruled to disqualify Li from being a director or being involved with the management of any...
Last week, United States President Donald Trump suggested that he is considering leveraging tariffs on Chinese steel...
Just weeks after making 300,000 brollies available to the public via a rental scheme, Sharing E Umbrella announced that most of them had gone missing, news website The Paper reported on Thursday.
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...
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 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.
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...
The roller-coaster ride may be over, but global investors say that still hasn’t made China attractive for 2017
China’s economic growth target, the depreciation of the yuan and a looming change in several senior Communist Party positions will be important factors
In 2001, in China’s view, the U.S. promised it would treat the Asian country as a “market economy” starting in December 2016. Trump has a different idea.
China's millennials - roughly those aged between 18 and 35 - are embracing debt like never before
Trump's pick for U.S. Ambassador to Beijing is apparently 'old friends' with President Xi Jinping. That will mean very little.
China’s exports gained as a cheaper yuan aided foreign purchasing; Imports jumped the most in more than two years on strong demand for raw materials
Trip has yet to be officially announced but preparations well underway for Chinese head of state’s visit to World Economic Forum in Switzerland
