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A historic speech given by China’s paramount leader Xi Jinping in late 2020 highlighted the past and future importance of Shenzhen, a city pivotal to the nation’s continued economic rise. Within his speech, Xi laid out a...
After nurturing Tsinghua Unigroup into a major player in the global chip industry, the government appears ready to cut the company, and others like it, loose in an effort to let market forces rather than political...
This month, China’s first comprehensive export control regime, the Export Control Law (ECL) came into force. Despite the geopolitical context, the ECL will likely have a limited impact on foreign companies compared to...
A recent string of high-profile SOE defaults have revived hopes for market reform of China’s inefficient state sector. However, despite appearances to the contrary, Beijing continues to push for greater state control...
Brussels has left little to the imagination for their expectations of heightened transatlantic cooperation under a Biden administration. For his part, Biden has promised to, unlike his predecessor, produce a coherent...
America’s emerging strategy for countering China’s influence received its trial by fire last week. While certain aspects emerged unscathed, others withered on touch. The principal concerns for the countries that...
President Xi has made clear his intention to protect China’s environment from further degradation and make China an “ecological civilization” by 2049. His surprise pledge in September to achieve carbon neutrality, or...
In the run-up to Ant Financial’s behemoth IPO, the fintech giant's suspiciously light balance sheet triggered the release of draft rules by Chinese regulators that would significantly impact the firm’s operating model....
To achieve its goal of carbon neutrality by 2060, China needs to ditch coal-fired electric power plants for renewable alternatives. However, doing so will require dismantling an antiquated system of incentives that are...
The next five-year plan is unlikely to reverse the trends that have gradually coalesced over the past several years as a response to geopolitical competition with the US. As Beijing doubles down on its current...
Under the Trump administration, the US, once the foremost champion of a single, global internet, has embraced the internet’s inevitable bifurcation into two parts, one led by the US and the other by China. In order to...
Furious lobbying by the semiconductor industry, which earns over a quarter of its revenue in China, softened the impact of last year’s ban on chip sales to Huawei by easing select restrictions on chips sales. However, as...
China’s leaders are meeting in October to finalize proposals for the country’s fourteenth Five-Year Plan (2021-2025). As tensions with the US intensify and economic growth slows, Beijing is under pressure to produce a...
