For more than a quarter-century, China has been synonymous with relentless development and upward mobility. As its 1.4 billion people gained an appetite for the wares of the world — Hollywood movies, South Korean electronics, iron ore mined in Australia — the global economy was propelled by a seemingly inexhaustible engine. Now that engine is sputtering, posing alarming risks for Chinese households and economies around the planet. Long the centerpiece of a profit-enhancing version of globalization, China has devolved into the ultimate wild card in a moment of extraordinary uncertainty…
Tag: Politics and Government
UAE, a US Ally, Looks to China and Russia for Deeper Ties
The ruler of the United Arab Emirates, Sheikh Mohammed bin Zayed, is a key American ally who counts on the United States to defend his country. But he has traveled twice to Russia over the past year to meet with President Vladimir V. Putin, and in June, his country was celebrated as the guest of honor at the Russian leader’s flagship investment forum. Later this month, the Emirati and Chinese air forces plan to train together for the first time, a notable shift for an oil-rich Gulf nation that has…
Book Review: ‘On Wars,’ by Michael Mann
ON WARS, by Michael Mann If wars are “the least rational of human projects,” why have there been so many of them all over the world, in every era? This is the question that the sociologist Michael Mann poses in the boldly titled “On Wars.” It is an ambitious book, plumbing the roots of war from the early Roman Republic to Vladimir Putin’s Russia, with intermediary chapters on ancient and imperial China, Mongol conquests, feudal Japan, the carnage of European Christendom, clashes in pre-Columbian and Latin America, the two world…
How a U.S. Tech Mogul Used Nonprofits to Sow Chinese Propaganda
The protest in London’s bustling Chinatown brought together a variety of activist groups to oppose a rise in anti-Asian hate crimes. So it was peculiar when a street brawl broke out among mostly ethnic Chinese demonstrators. Witnesses said the fight, in November 2021, started when men aligned with the event’s organizers, including a group called No Cold War, attacked activists supporting the democracy movement in Hong Kong. On the surface, No Cold War is a loose collective run mostly by American and British activists who say the West’s rhetoric against…
Ukraine Invites Talks in Saudi Arabia as an Effort to Weaken Russia
Ukraine will make a renewed push this weekend at a gathering in Saudi Arabia to win the support of dozens of countries that have remained on the sidelines of the war — the start of a broader campaign in the months ahead to build the diplomatic muscle to isolate and weaken Russia. Ukraine and Saudi Arabia invited diplomats from some 40 governments to talks in the Red Sea port of Jeddah. Notable among them were China, India, Brazil, South Africa and some of the oil-rich Gulf nations that have tried…
The Chip Titan Whose Life’s Work Is at the Center of a Tech Cold War
In a wood-paneled office overlooking Taipei and the jungle-covered mountains that surround the Taiwanese capital, Morris Chang recently pulled out an old book stamped with technicolor patterns. It was titled “Introduction to VLSI Systems,” a graduate-level textbook describing the intricacies of computer chip design. Mr. Chang, 92, held it up with reverence. “I want to show you the date of this book, 1980,” he said. The timing was important, he added, as it was “the earliest piece” in a puzzle that came together for him — altering not only his…
Judge Rejects Hong Kong’s Bid to Ban Pro-Democracy Song From Internet
The Hong Kong authorities suffered a surprising setback on Friday when a judge denied their request to ban a popular pro-democracy song from the internet. The government was seeking an injunction that could have given it the power to force Google and other tech companies to restrict access to the song. Since coming under the tighter grip of Beijing several years ago, Hong Kong has jailed political opponents, quashed street protest and shuttered pro-democracy newspapers. But the internet, unlike in mainland China, has remained largely free of government control. At…
Pan Gongsheng Named Head of Chinese Central Bank
For nearly eight years Pan Gongsheng has overseen one of the world’s biggest pots of money: China’s $3 trillion in foreign currency reserves. Now he will run the country’s central bank, playing an even more powerful role in the Chinese economy. Mr. Pan, a prominent economist, was named on Tuesday as governor of the central bank, the People’s Bank of China. He had already been installed as the bank’s Communist Party secretary on July 1. It will be the first time in five years that one person will hold both…
China’s Government Offers Love, but Entrepreneurs Aren’t Buying It
In the darkest moments of the financial crisis in 2008, former Chinese Premier Wen Jiabao lectured a group of U.S. government officials and business executives in New York. “In the face of economic difficulties,” he said, “confidence is more precious than gold.” The Chinese economy then was teetering. Today it’s sputtering, facing the dimmest prospects in decades, and China’s leaders are learning the hard way exactly what Mr. Wen meant. Beijing unveiled a 31-point set of guidelines on Wednesday to bolster the confidence of the private sector. After three years…
Canadian Politicians Who Criticize China Become Its Targets
The polls predicted a re-election victory, maybe even a landslide. But a couple of weeks before the vote, Kenny Chiu, a member of Canada’s Parliament and a critic of China’s human rights record, was panicking. Something had flipped among the ethnic Chinese voters in his British Columbia district. “Initially, they were supportive,” he said. “And all of a sudden, they just vanished, vaporized, disappeared.” Longtime supporters originally from mainland China were not returning his calls. Volunteers reported icy greetings at formerly friendly homes. Chinese-language news outlets stopped covering him. And…