Tag: International Relations

San Diego Zoo Could Be First in U.S. to Get Pandas From China Again

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Giant pandas from China could be arriving in the United States again soon, as Beijing is planning to continue its panda diplomacy with Western countries, according to a statement from the Chinese Embassy in the United States. The China Wildlife Conservation Association reached agreements with the San Diego Zoo in California and the Madrid Zoo in Spain “on a new round of international giant panda conservation cooperation,” according to the statement. The agreement would keep alive a more than five-decade old tradition of China lending pandas to American zoos in…

Leaked Files Show the Secret World of China’s Hackers for Hire

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A cache of documents from a Chinese security firm working for Chinese government agencies showed an extensive effort to hack many foreign governments and telecommunications firms, particularly in Asia, as well as targets of the country’s domestic surveillance apparatus. The documents, which were posted to a public website last week, revealed an eight-year effort to target databases and tap communications in South Korea, Taiwan, Hong Kong, Malaysia, India and elsewhere in Asia. The files also revealed a campaign to monitor closely the activities of ethnic minorities in China and online…

China’s Rush to Dominate A.I. Comes With a Twist: It Depends on U.S. Technology

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In November, a year after ChatGPT’s release, a relatively unknown Chinese start-up leaped to the top of a leaderboard that judged the abilities of open-source artificial intelligence systems. The Chinese firm, 01.AI, was only eight months old but had deep-pocketed backers and a $1 billion valuation and was founded by a well-known investor and technologist, Kai-Fu Lee. In interviews, Mr. Lee presented his A.I. system as an alternative to options like Meta’s generative A.I. model, called LLaMA. There was just one twist: Some of the technology in 01.AI’s system came…

Silicon Valley Venture Capitalists Are Breaking Up With China

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DCM Ventures, a Silicon Valley venture capital firm, began investing in China’s start-ups in 1999. The move reaped such blockbuster returns that in 2021, DCM said it planned to “double down” on its strategy of investing in China, the United States and Japan. Yet when DCM set out to raise money last fall for a new fund focused on very young companies and promoted its “cross-Pacific” expertise, the firm described plans to invest in the United States, Japan and South Korea, according to a fund-raising memo that was viewed by…

Low Prices Lure Hong Kongers to China

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Shuen Chun-wa, 81, and her husband hurried toward a green bus with two dozen other Hong Kong residents, dragging empty suitcases. They had purple tour stickers on their jackets and were headed to shop in Shenzhen, a bustling Chinese city that sits on the northern side of the border with Hong Kong. It was Ms. Shuen’s second trip to Shenzhen to find bargains in a year. Last time, she got dental implants. “You can count how much I need to pay,” she said. She paid $9,000 in Shenzhen for a…

Volkswagen and BASF Are Reconsidering Ties to Xinjiang, China

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Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China and another German industrial giant is starting to sell its stakes there following new international scrutiny of forced labor by predominantly Muslim ethnic groups. Volkswagen said last week that it was in discussions with one of its main joint venture partners in China, the state-owned Shanghai Automotive Industry Corporation, in the wake of allegations of human rights violations at their joint venture in Xinjiang. The companies are examining “the future direction of the…

How China Broke One Man’s Dreams

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The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, John Ketchum, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern,…

China’s Investors Are Losing Faith in Its Markets and Economy

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Like many Chinese people, Jacky hoped that he could make enough money investing in China’s stock markets to help pay for an apartment in a big city. But in 2015 he lost $30,000, and in 2021 he lost $80,000. After that, he shut down his trading account and started investing in Chinese funds that track stocks in the United States. It’s a perilous time for investors in China. Their main vehicle, so-called A shares of Chinese companies, fell more than 11 percent in 2023 and have continued their losses this…

Angela Chao, C.E.O. of Foremost Group, Dies in a Car Crash

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Angela Chao, the chief executive of a shipping company and part of a family prominent in American politics and business deals with China, died in a car crash on Sunday, in Texas. She was 50. Her family confirmed her death. Details about the accident were not immediately available. Ms. Chao had since 2018 been the chair and chief executive of the Chao family’s Foremost Group, which operates a global fleet of bulk carrier ships. The vessels are used to transport commodities like iron ore and soybeans. She was a sister…

As China Tries to Present a Friendlier Image, a New Face Emerges

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Faced with declining foreign investment at home, China has sought to soften its image in the United States and Europe and make nice with some of its neighbors. One Communist Party official has played an unusually prominent role in the shift in tone. In New York, he told an audience of scholars and businesspeople that China did not seek to rewrite the United States-led global order. In Paris, he said that China’s modernization would benefit Europe and the world. In Beijing, he told the ambassador of India, a regional rival,…