AVIC, China’s aerospace behemoth, has been known to try to steal U.S. aviation trade secrets. It's also been allowed to buy them.
Illustration by Richard Neubecker
In May of this year, an 84-year-old inmate in a North Carolina federal prison died from Covid-19. Dongfan Greg Chung’s death barely registered on the local news, but Chung held a unique status in U.S. judicial history: in 2009, he became the first person to ever be convicted of economic espionage.
Born in Liaoning Province, Chung fled with his family to Taiwan when he was 10 years old during the Chinese Civil War. He moved to the U.S. in the 1960s, becoming a citizen and settling down
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After years of planning and investment, robotaxis are finally hitting the road in China. Accidents and the impact of self-driving vehicles on employment remain concerns, but the government remains committed to developing the industry into a global leader.
China’s five-year long property market woes have transformed the sector, but there are signs the government is determined to arrest the slide this year.
The economist explains why local governments’ debt woes are the key to China’s economic issues, and why the country could do with more Taylor Swift concerts.
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