Taking Credit From China – CEO Daily

“The West still hasn’t understood how profoundly China’s rise has changed the international financial system,” professor and economist Christoph Trebesch told Germany’s Spiegel in an interview following the release of a new report on China’s “hidden debt,” which Trebesch co-authored at the Kiel Institute for the World Economy. According to the report, the amount of […]

Hong Kong’s About Face

Clay Chandler here, filling in for Alan. I write from Hong Kong where the big news is that Carrie Lam, the city’s Beijing-appointed chief executive, announced this afternoon that she will “pause” her administration’s push to pass a contentious extradition bill. The proposal, which would have enabled Hong Kong to hand over fugitives accused of […]

How China’s Most Popular App Spies on Users for Beijing

Greetings from Hong Kong. Clay Chandler here, filling in for Alan with our weekly Sino-Saturday edition of CEO Daily. I’ve written a lot about the wonders of WeChat, the multi-functional “super app” operated by China’s Tencent Holdings. I’m not alone in considering WeChat one of the world’s most innovative digital platforms. Launched in 2011 as […]

The Long Winter: Bracing for a Protracted US-China Cold War

Greetings from Hong Kong. Clay Chandler here, filling in for Alan with CEO Daily’s weekly Sino-Saturday edition. The rift between the world’s two largest economies widened further this week: On Friday, China announced plans to create an “unreliable entities list” to ban foreign companies or people who “do not follow market rules, violate the spirit […]

Trump’s Huawei Ban: A Bane for Apple?

Greetings from Hong Kong. Clay Chandler, filling in for Alan, with CEO Daily’s weekly Sino-Saturday edition. When the Trump administration slapped punitive tariffs on Chinese imports last July, Apple was the only major American tech firm granted an exemption. Because US consumers are so addicted to their iPhones, and because so many Chinese workers are […]

How China’s top-down political system holds it back

Clay Chandler here, chiming in from Hong Kong with CEO Daily’s weekly Sino-Saturday edition. It has been more than a week now since the collapse of trade talks between the world’s two largest economies. China and Washington have since announced billions of dollars in new tariffs on each others’ exports. Official rhetoric between the two […]

CEO Daily: Trump’s ‘Stop, Or I”ll Shoot Myself in the Foot’ Trade Strategy with China

Good morning. Last week it seemed like a trade deal between China and the U.S. was close to completion. Just two tweets later, months of negotiations were brought to naught. President Donald Trump tweeted on Sunday that tariffs on $200 billion worth of Chinese imports would leap from 10% to 25% if a deal wasn’t […]

CEO Daily: Surveillance Capitalism with Chinese Characteristics

Like the memes it incubates and spreads, TikTok, the Chinese lip-synching app that boasts more than half a billion global users, has gone viral this past month–at least in the global business press. Fortune‘s Ellen McGirt was among the many observers to marvel that country trap artist Montero Hill (a.k.a. Lil Nas X) was able […]

Why China wants to color its “Belt and Road” green

In Beijing this weekend the big happening is China’s second “Belt and Road Forum.” A host of global luminaries–37 heads of state, International Monetary Fund managing director Christine Lagarde, United Nations Secretary General Antonio Gutierrez, and delegates from more than 150 countries–descended upon the capital to discuss president Xi Jinping’s signature initiative to expand transit, […]