Tag: Communist Party of China

Tesla’s Pivot to China Saved Musk. It Also Binds Him to Beijing.

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When Elon Musk unveiled the first Chinese-made Teslas in Shanghai in 2020, he went off script and started dancing. Peeling off his jacket, he flung it across the stage in a partial striptease. Mr. Musk had reason to celebrate. A few years earlier, with Tesla on the brink of failure, he had bet on China, which offered cheap parts and capable workers — and which needed Tesla as an anchor to jump-start its fledgling electric vehicle industry. For Chinese leaders, the prize was a Tesla factory on domestic soil. Mr.…

China’s Dispute With Taiwan Is Playing Out Near This Tiny Island

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A small island controlled by Taiwan a few miles off China’s coast lived for decades in constant readiness for war. At one point in 1958, troops there hunkered in bunkers as Communist forces rained hundreds of thousands of shells on them. These days, the island, Kinmen, has become a hub of Taiwan’s commerce with China and its abandoned, weatherworn fortifications are tourist sites. Eight ferries a day take Taiwanese businesspeople and visitors from Kinmen to mainland China. But the sea around Kinmen has again turned tense after two Chinese men…

Where Are Hong Kong’s Leading Pro-Democracy Figures Now?

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In 2019, Hong Kong erupted into the most stunning expression of public anger with Beijing in decades. Protesters broke into the legislature and vandalized it. They bought full-page advertisements in international newspapers, criticizing the government. Lawmakers hurled unsavory objects in meetings to protest unpopular bills. In the years since then, China has waged an expansive crackdown on Hong Kong to crush the opposition. Beijing directly imposed a national security law on the city in 2020 that gave the authorities a powerful tool to round up critics, including a prominent pro-democracy…

In Hong Kong, China’s Grip Can Feel Like ‘Death by a Thousand Cuts’

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Once one of Asia’s most high-flying cities, Hong Kong is now grappling with a deep pessimism. The stock market is in the tank, home values have tumbled and emigration is fueling a brain drain. Some of the hottest restaurants, spas and shopping malls that local residents are flocking to are across the border, in the mainland Chinese city of Shenzhen. “It pains me to say Hong Kong is over,” Stephen Roach, an economist and a former chairman of Morgan Stanley Asia long known for his optimism about the city, wrote…

Hong Kong Adopts Sweeping Security Laws, Bowing to Beijing

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Hong Kong on Tuesday passed national security laws at the behest of Beijing, thwarting decades of public resistance in a move that critics say will strike a lasting blow to the partial autonomy the city had been promised by China. The new legislation, which was passed with extraordinary speed, grants the authorities even more powers to crack down on opposition to Beijing and the Hong Kong government, establishing penalties — including life imprisonment — for political crimes like treason and insurrection, which are vaguely defined. It also targets offenses like…

The Clock Ticks for TikTok

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Another round in the TikTok fight The warnings against TikTok aren’t letting up, with U.S. security officials saying China is using the platform to meddle in elections and lawmakers calling the video app a global threat. The sharp rhetoric isn’t new, but it raises a question for policymakers and business: Is the new push to force ByteDance, the company’s Chinese owners, to divest a real step change or just political posturing? The House is barreling toward a vote on Wednesday that would force ByteDance to sell. Representative Steve Scalise, Republican…

China’s Growth Slows but Xi Jinping Keeps to His Vision

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Even with growth faltering in China, Xi Jinping appears imperiously assured that he possesses the right road map to surpass Western rivals. China’s economy has lurched into a slower gear. Its population is shrinking and aging. Its rival, the United States, has built up a lead in artificial intelligence. Mr. Xi’s pronouncement several years ago that the “East is rising and West is declining” — that his country was on the way up while American power shrank — now seems premature, if not outright hubristic. The problems have brought growing…

China Cancels a News Conference, Shutting a Window for Its People

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For more than 30 years, the Chinese premier’s annual news conference was the only time that a top leader took questions from journalists about the state of the country. It was the only occasion for members of the public to size up for themselves China’s No. 2 official. It was the only moment when some Chinese might feel a faint sense of political participation in a country without elections. On Monday, China announced that the premier’s news conference, marking the end of the country’s annual rubber-stamp legislature, will no longer…

China’s New Economic Agenda, a Lot Like the Old One: Takeaways

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Beijing was abuzz with politics on Tuesday. China’s annual legislative meeting — the National People’s Congress, when Communist Party leaders promote their solutions for national ills — opened for business. The event is a chance for the leaders to signal the direction of the economy and outline how and where the government will spend money in the coming year. Yet while aiming high, they offered little. Officials signaled that they were not ready for any showstopping moves to revive an economy battered by a property crisis, the loss of consumer…

Murder and Magic Realism: A Rising Literary Star Mines China’s Rust Belt

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For a long time during Shuang Xuetao’s early teenage years, he wondered what hidden disaster had befallen his family. His parents, proud workers at a tractor factory in the northeastern Chinese city of Shenyang, stopped going to work, and the family moved into an empty factory storage room to save money on rent. But they rarely talked about what had happened, and Mr. Shuang worried that some special shame had struck his family alone. It was not until later that he learned about the mass layoffs that swept northeastern China…