Tag: International Relations

Hong Kong Security Law Could Damage City’s Image as Financial Hub

Media Library

Paul Chan, the top finance official of Hong Kong, traveled to Paris, London, Frankfurt and Berlin last September to lure foreign investors. Last month he abolished taxes on foreigners’ purchases of Hong Kong real estate. And he is soon set to host an international art show, as well as conferences for big money funds and advisers to wealthy families. Mr. Chan’s brisk work pace represents an attempt to shore up Hong Kong’s role and image as the financial hub of Asia. But that effort is now colliding with a move…

Blinken Warns China Against Armed Attack on Philippines

Media Library

Secretary of State Antony J. Blinken warned China on Tuesday that an “armed” attack against Philippine vessels in the South China Sea would trigger a mutual self-defense pact between Washington and Manila, a reflection of rising tensions in the region that risk dragging the United States into armed conflict with Beijing. But in a sign that the United States hopes to de-escalate the situation, Mr. Blinken, on a visit to Manila, gave no indication that recent Chinese provocations — which include ramming Philippine vessels and blasting them with water cannons…

Russia Strengthens Its Internet Controls in Critical Year for Putin

Media Library

Russia is ratcheting up its internet censorship ahead of elections this weekend that are all but assured to give President Vladimir V. Putin another six years in power, further shrinking one of the last remaining spaces for political activism, independent information and free speech. The Russian authorities have intensified a crackdown against digital tools used to get around internet blocks, throttled access to WhatsApp and other communications apps in specific areas during protests, and expanded a program to cut off websites and online services, according to civil society groups, researchers…

Taiwan Is Building a Satellite Network Without Elon Musk

Media Library

In Taiwan, the government is racing to do what no country or even company has been able to: build an alternative to Starlink, the satellite internet service operated by Elon Musk’s rocket company, SpaceX. Starlink has allowed militaries, power plants and medical workers to maintain crucial online connections when primary infrastructure has failed in emergencies, such as an earthquake in Tonga and Russia’s invasion of Ukraine. Officials in Taiwan face constant reminders that its communication infrastructure must be able to withstand a crisis. The island democracy sits 80 miles from…

China’s Exports Surge Are Drawing a Global Backlash

Media Library

China’s factory exports are powering ahead faster than almost anyone expected, putting jobs around the world in jeopardy and setting off a backlash that is gaining momentum. From steel and cars to consumer electronics and solar panels, Chinese factories are finding more overseas buyers for goods. The world’s appetite for its goods is welcomed by China, which is enduring a severe downturn in what had been the economy’s biggest driver of growth: building and outfitting apartments. But other countries are increasingly concerned that China’s rise is coming partly at their…

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

Media Library

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…

Hong Kong Pushes Strict New Security Law With Unusual Speed

Media Library

Under pressure from Beijing, officials in Hong Kong are scrambling to pass a long-shelved national security law that could impose life imprisonment for treason, insurrection and colluding with external forces, stiff penalties aimed at further curbing dissent in the Asian financial center. The law known as Article 23 has long been a source of public discontent in Hong Kong, a former British colony that had been promised certain freedoms when it was returned to Chinese rule in 1997. Now, it is expected to be enacted with unusual speed in the…

Michael Spavor Reaches Settlement With Canada Over Detention by China

Media Library

The government of Canada has reached a financial settlement with one of two Canadian men it contends were arbitrarily detained for nearly three years by China in a retaliatory move, the man’s lawyer said. John K. Phillips, who represents Michael Spavor, told The Associated Press Wednesday evening that “I am only able to say that the matter between Mr. Spavor and the government of Canada has been resolved.” Mr. Spavor, a businessman who had extensive dealings in North Korea, and Michael Kovrig, a then a Canadian diplomat who was on…

How China Came to Dominate the World in Solar Energy

Media Library

China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled. Get ready for an even bigger display of China’s solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing…

Big American Tech Profits From Chinese Ad Spending Spree

Media Library

The trade relationship between China and the United States has plenty of friction. But at least one area is booming: Chinese start-ups looking to establish a presence in the West are spending billions of dollars for advertisements on services owned by some of Silicon Valley’s biggest technology companies. Temu, the international arm of the Chinese e-commerce giant Pinduoduo, is flooding Google with ads for absurdly inexpensive goods. With an initial public offering looming, the fast-fashion merchant Shein is inundating Instagram with ads for clothes and accessories at rock-bottom prices. Developers…