What is ‘winology’, the new theory about unfair Western views of China?

China’s economic and technological advances are being unfairly dismissed in the United States and other parts of the West as a result of hierarchical thinking, according to a theory dubbed “winology” that is taking hold among some online commentators. Advertisement The term winology was coined by Chinese academics and refers to ways in which countries can both become a global leader in certain areas and be recognised as such. However, the theory argues that the West relegates China to the lowest tier of a global hierarchy – likened to the…

Chinese coastguard patrols reefs controlled by Vietnam in South China Sea

Advertisement Three patrol ships left a Chinese base on Mischief Reef in the Spratly Islands on Thursday and circled around a series of land features – some of which Vietnam has built facilities on – before returning to the reef on Saturday, according to Automatic Identification System data. The purpose of the patrol by the coastguard vessels – identified by the hull numbers 4301, 5009 and 21559 – was not clear. New collision of Chinese-Philippine ships in South China Sea New collision of Chinese-Philippine ships in South China Sea It…

BHP sees ‘resilient’ commodity demand despite slowdown in China

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. BHP has warned that it expects slower growth in China for the rest of the year but maintained a positive view of demand for commodities as it continues to hold talks with China over iron ore contracts.  The Australian company, the largest global miner by market capitalisation, reported a 1 per cent decline in iron ore production to 64mn tonnes during the three months to September, due to maintenance upgrades…

How a single rule change sparked a major flare-up in US-China tensions

When Beijing expanded its rare earth export controls earlier this month, it appeared to mark a fresh escalation in the US-China trade war. But for many observers, the dispute actually began over a week earlier – and its trigger was not a Chinese action, but an American one. Advertisement Though it drew little fanfare at the time, the decision by the US Bureau of Industry and Security (BIS) to widen its trade blacklists in late September has had far-reaching effects. It not only pushed Beijing to take retaliatory action; it…

CK Hutchison gets encouraging signs of a deal with Panama government

A senior Panamanian official said on Monday that Panama will remain flexible and potentially reach an agreement with CK Hutchison as the Latin American country navigates the geopolitical rivalry between the United States and China. Advertisement “We are working on a plan in case that [Panama’s Supreme Court] ruling goes against the extension of the contract” for CK Hutchison, said Jose Ramon Icaza, Panama’s minister of canal affairs. “In that case, we have to step in as the Panama Maritime Authority to take control of that concession, without generating a…

China AI plan offers hope for robot companions and kids by 2035

When the Chinese government launched the “AI+” initiative in August, it was widely perceived as a new economic stimulus. However, observers may have underestimated Beijing’s true ambition. Advertisement On October 10, senior officials and experts published a series of analyses in the official journal E-Government, offering the public its first comprehensive look at the initiative’s deeper strategic intent. Far from being merely an economic policy, “AI+” is a decade-long national blueprint designed to propel China into a new phase of development – one that scholars describe as the age of…

FirstFT: Sanae Takaichi set to become Japan’s first female PM after coalition deal

This article is an on-site version of our FirstFT newsletter. Subscribers can sign up to our Asia, Europe/Africa or Americas edition to get the newsletter delivered every weekday morning. Explore all of our newsletters here Good morning and welcome back to FirstFT Asia. In today’s newsletter: We start in Japan, where a coalition deal reached ahead of a parliamentary vote today has paved the way for Sanae Takaichi to become the country’s first female prime minister. What to know: A coalition deal agreed yesterday between Japan’s Liberal Democratic party and…

To avert war, the West must shatter the mirror by which it views China

In the shadow of escalating tensions between the United States and China, Graham Allison’s concept of the Thucydides Trap has become a staple of geopolitical discourse. Coined by the Harvard scholar, the term evokes the ancient Greek historian Thucydides’ observation that “it was the rise of Athens and the fear that this instilled in Sparta that made war inevitable”. Advertisement Allison’s study of 16 historical cases, where a rising power challenged a ruling one, found war in 12 instances. He warns that China’s ascent threatens American hegemony, potentially dooming both…

Kardashian endorsement propels skincare group to K-beauty summit

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A company with a $180 skincare gadget promoted by Kylie Jenner has become South Korea’s most valuable cosmetics group, marking the rise of the next generation of K-beauty. APR’s stock price has risen more than four-fold since January, pushing its market value to $6bn, close to that of rivals Shiseido from Japan and e.l.f. Beauty from the US. Its performance signals the arrival of a new generation of Korean brands,…

China spy case gives MPs the opportunity to discuss their favourite topic: themselves | John Crace

There are few things that MPs take more seriously than themselves. Their desire to put themselves front and centre of world events. Their need to imagine that everything they do makes a difference. No greater self-love hath any person than this. If they were to have a therapist, I am sure they would be having a field day. The triumph of ego over ever-diminishing quantities of self-worth. So the collapse of the Chinese spy trial has been a godsend to almost every opposition MP. Now, you might have thought the…