Foreign companies navigate China’s three-headed Cerberus
The writer is a visiting scholar at the Yale Law School’s Tsai China Center and the technology analyst at Gavekal Dragonomics Beijing’s opening-up party took place last weekend in a notably subdued mood. The China Development Forum was a setting for western business leaders to gather with the new leadership that will govern the country […]
US businesses shy about attendance at China’s Davos
Spy balloons over the American Midwest, warnings from Beijing of a clash if Washington “doesn’t hit the brakes” and intense congressional scrutiny of investment in China — there could hardly be a less auspicious time for US business to attend Beijing’s flagship investment conference. But this weekend, former secretary of state Henry Kissinger, investor Ray […]
How China’s shifting growth picture could hit global markets
A shopping mall in Qingzhou, Shandong province, broadcasts the opening ceremony of China’s National People’s Congress on Sunday, March 5, 2023. Future Publishing | Future Publishing | Getty Images China’s economy will be forced to recalibrate because of a “fractured” global order, and the new drivers of growth will “disappoint” global markets, according to David […]
China’s local state is on the verge of a debt crisis
From several kilometres away China 117 Tower, the world’s sixth-tallest skyscraper, is an extraordinary sight—rivalling anything Dubai, Hong Kong or New York has to offer. On closer inspection, however, the building in Tianjin is revealed to be an eyesore of epic proportions. Construction on “117”, as locals call it, was never completed. Large sections remain […]
China’s cities are on the verge of a debt crisis
From several kilometres away China 117 Tower, the world’s sixth-tallest skyscraper, is an extraordinary sight—rivalling anything Dubai, Hong Kong or New York has to offer. On closer inspection, however, the building in Tianjin is revealed to be an eyesore of epic proportions. Construction on “117”, as locals call it, was never completed. Large sections remain […]
China’s ultra-fast economic recovery | The Economist
During China’s lunar-new-year holiday, which ran from January 21st to 27th, tourists flocked to the sprawling Taihao mausoleum in Henan province. Many enjoyed slapping a statue of Qin Hui, a scheming official in the Song dynasty who is notorious for having framed a military hero. One visitor got carried away, striking the statue with the […]
China’s re-globalisation paradox | The Economist
At the annual World Economic Forum meeting this week in Davos, Switzerland, China’s economic tsar, Liu He, met a number of “old friends” he had not seen during his country’s long battle with covid-19. In a solicitous speech, he acknowledged the importance of in-person meetings, lamented the fragmentation of the world and called for economic […]