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, […]

Taiwan’s Trump?

It was inevitable that Foxconn Technology Group chairman Terry Gou’s Wednesday announcement he’s running for president of Taiwan would invite comparisons to Donald Trump. Both men are brash billionaires who claim their business experience qualifies them for political leadership. Gou has said he was inspired in part by Trump’s example. They share a fondness for […]

Can the U.S. compete with China on 5G?

President Trump declared Friday he wants private companies, not the federal government, to take the lead in building America’s 5G telecommunications network. “In the United States, our approach is private sector-driven and private sector-led,” he told reporters in a White House appearance alongside Federal Communications Commission chairman Ajit Pai. Trump’s statement was billed as an […]

China Semiconductors, ZTE 5G, Trump Trade: CEO Daily for April 6, 2019

Good morning. Eamon Barrett filling in for Clay who is taking a well-earned vacation. On Wednesday the U.S. Semiconductor Industry Association (SIA), an industry group that includes Intel, Micron Technology and Nvidia among its members, released a report no doubt designed to capture the imagination of President Donald Trump. It came out a day before […]

Huawei: Hundred Billion Dollar Troll

The Financial Times reported earlier this week that Chinese telecom equipment manufacturing giant Huawei Technology has hired top-drawer Washington public relations group Burson Cohn & Wolfe to “help it make its case in the US following months of media and political scrutiny.” One wonders where those spin doctors were on Thursday when Huawei summoned global […]

China Has Had Enough of Your Garbage

China is sick and tired of taking rubbish from America. That sentence may or may not be true in a metaphorical sense, but it is absolutely true in a literal sense. According to a flurry of recent reports in the U.S. media, a decision last year by China’s government to ban waste imports has triggered […]

Investing in China: All Bets Are Off

Last August, in my first post for Adam’s Data Sheet newsletter, I warned that Chinese tech companies might be headed for a “capital winter.” Alas, that dire prediction appears to be coming true. The Economist, citing research by CB Insights, noted last week that, in the last three months of 2018, deals to commit venture […]