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The Wire China

The Wire is a weekly digital news magazine covering China’s economic rise.

01/09/2023

Our op-ed this week is from Shang-Jin Wei:

"To improve medium-term , must heed the lessons of its own history and focus on removing barriers to market entry and ."

To restore rapid GDP growth, Chinese policymakers must break the cycle of pessimism and recover lost household and corporate confidence.

01/09/2023

"It’s one thing for official statistics to be trumpeted as a sign of great success in attracting but the true test is if from foreign is actually being used to make impactful investments. When shovels actually break ground that’s a more credible sign of commitment and confidence than just moving money around."

- Rhodium Group Senior Analyst Mark Witzke in Isabella Borshoff's piece on FDI in .

Will political risk will continue to dampen enthusiasm for foreign investment into China? Isabella Borshoff reports.

01/09/2023

This week, Bob Davis's Q&A with Thea Lee from the International Labor Affairs Bureau.

"We should put pressure on the government to stop using forced labor in or elsewhere. This is not about attacking anybody or decoupling. It is about enforcing our own laws."

Thea Lee talks about the U.S.'s lopsided trade relationship with China; enforcing the Uyghur Force Labor Protection Act; and why labor rights problems in China are so systemic.

01/09/2023

Global demand for excavators and diggers is strong, with top firms like SANY Group, ZOOMLION and XCMG Group experiencing double-digit growth overseas since 2020.

This week, Eliot Chen has on China’s heavy machinery giants.

Infographics on China’s heavy machinery giants: who they are, what they’re building, and what it means for the industry’s longtime incumbents.

01/09/2023

This week, Brent Crane's cover on Zhao Weiguo.

"Given his swashbuckling style, Zhao — himself worth $2.2 billion last year — earned the nickname “the madman” within the industry. Yet, like any madman, Zhao’s daring had a downside."

Brent Crane's cover story this week is on Zhao Weiguo; his rise and fall, and what might lie ahead for Tsinghua Unigroup.

01/03/2023

Our op-ed this week is from Victor Shih, Associate Professor at UC San Diego School of Global Policy and Strategy .

"...real, meaningful local experiments, which had propelled two decades of in , will continue to fall victim to turgid at the top."

This pattern of deep reluctance to change the status quo, followed by rapid policy changes when Xi himself changes his mind, might continue to drive policy.

01/03/2023

This week, from Katrina Northrop:

When the takes over the House, the new group of lawmakers will bring a wide-ranging agenda with them.

"It is going to be bad no matter what, the only question is how bad?" - the Stimson Center's Yun Sun

Various China-related investigations are already on the GOP agenda — including into the origins of Covid-19 and the business dealings of Hunter Biden.

01/03/2023

Alex Joske talks to David Barboza about his new 'Spies and Lies', and more in this week's Q&A.

" is more concerned with elite influence operations and covert activity. And I just don’t think that this has been widely understood and integrated into foreign policy."

Alex Joske talks about his new book; China's unique approach to intelligence operations; and the integration between business figures and intelligence in China.

01/03/2023

BYD overtook Tesla in the first half of 2022 to become the world’s most popular new-energy vehicle producer.

Check out Eliot Chen's on how sidestepped supply chain woes to dominate China’s market.

Infographics on BYD, the formidable conglomerate and China’s most successful electric vehicle maker.

01/03/2023

Happy New Year from everyone here at The Wire China!

We're kicking off 2023 with a cover story from Isabella Borshoff all about how ’s special relationship with could be at a breaking point.

Germany has long had a unique relationship with China, but cracks are starting to emerge in the historically powerful pro-engagement alliance.

12/15/2022

From Isabella Borshoff's latest :

"The countries look at the picture, and see the U.S. as more and more reluctant to act in the Gulf. They see the rise of , and think ‘we need to prepare for the day the U.S. leaves’."

- Jean-Loup Samaan

Deepening ties with China remains a priority for Gulf countries: An added benefit could be to stoke an American strategic response.

12/14/2022

"I believe in free enterprise and the market. But when somebody comes in and doesn’t play by the rules, the market is no longer free. It’s a fool’s market."

- Keith Krach in this week's Q&A with Bob Davis

Former State Department official Keith Krach talks about pushing back against Huawei; and fighting back when the market is no longer free.

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