Good Morning. Welcome to The Wire’s daily news roundup. Each day, our staff gathers the top China business, finance, and economics headlines from a selection of the world’s leading news organizations.
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The Wall Street Journal
- U.S. Says China Is Committing Genocide Against Uighur Muslims — State Department cites imprisonment, torture and forced sterilization against minority group, accusations Beijing has denied.
- China’s Consumers Fall Behind Even as Its Economy Marches Forward — Economic rebound in year of Covid-19 was unbalanced; growth in domestic consumption lagged behind industrial and export sectors.
- Blinken Backs Tough Approach to China, Says Will Work With GOP — Biden’s pick for secretary of state also lauds Abraham Accords, backs recognition of Guaidó in Venezuela.
- China Escalates Efforts to Beat Back Its Worst Covid-19 Resurgence — Northern cities build temporary quarantine facilities, impose lockdown measures on millions of residents and roll out mass testing.
- China-Australia Dispute Leaves Coal Carriers Stranded — Beijing is increasingly turning to Indonesia and other suppliers as a bar on Australia coal imports reshapes global trade in the commodity.
- Genocide in Xinjiang — By Michael R. Pompeo. The U.S. has concluded that the Chinese Communist Party’s actions against the Uighurs also constitute crimes against humanity.
- Jack Ma, Alibaba’s Billionaire Co-Founder, Resurfaces After Months of Lying Low — The appearance was his first since regulators began clamping down on his business empire.
- Hong Kong Stocks Swell as Market Eats Up Chinese Cash — The city’s stock market is at a 20-month high, and trading volumes have hit records thanks to mainland investors.
The Financial Times
- Alibaba: Jack’s back — Founder’s return provides entry point for long-term investors but they should remain cautious.
- Lex Letter from Seoul: China’s vaccines and efficacy rates — Demand for Sinovac’s CoronaVac will remain high. In most developing countries, it is the only option.
- Robert Lighthizer defends his record on China — Outgoing US Trade Representative on the tussles with Beijing that defined his term in office.
- America’s big China question — Resetting relations will be near the top of President Biden’s inbox. Three new books point to the scale of the challenge ahead — and how to master it.
- Pompeo says China’s repression of Uighurs is ‘genocide’ — Trump administration accusation is backed by Joe Biden’s nominee for secretary of state.
- China escalates fight against new Covid outbreak and US blame game — New restrictions imposed as Beijing hits back against Trump administration over pandemic’s origins.
- Hong Kong’s central bank criticises State Street over US blacklist flip-flop — Fund manager said it would continue investing in Chinese companies on sanctions list after all.
- Boardroom drama shakes China’s biggest chipmaker SMIC — Industry’s dependence on Taiwanese talent highlighted by co-CEO’s threat to resign.
- Evergrande shares soar as early bond repayment eases debt worries — World’s most indebted property group has been under scrutiny as China tries to contain leverage.
- Chinese university to open Budapest campus as Orban tilts to Beijing — Move comes amid concerns about future of academic freedom in Hungary.
- Shipping costs quadruple to record highs on China-Europe ‘bottleneck’ — Soaring prices fuelled by shortage of containers and recovery in consumer demand.
The New York Times
- Here’s What the U.S. Declaration That China Is Committing ‘Genocide’ Could Mean — In one of its last acts, the Trump administration said China was committing genocide against Uighurs and other mostly Muslim groups. Here is what the move could mean.
Caixin
- South China City’s Digital Currency Test Aims to Keep Migrants From Heading Home for the Holidays — Shenzhen will hand out $3.1 million that can only be spent in the city in the days leading up to the Lunar New Year.
- Chinese Mainland Cash Floods Into Hong Kong Stock Market — After lagging in 2020, Hang Seng Index soars almost 9% this month, second-best in the world behind Vietnam and the best start in 36 years.
- China’s Aluminum Production Heats Up to Record High — Domestic smelters’ output grew nearly 5% in 2020 to just over 37 million tons.
- TikTok Owner Launches Digital Payment Service in Challenge Against Alibaba, Tencent — Move comes as company seeks to grab larger share of China’s booming livestreaming e-commerce market ahead of Lunar New Year.
- Energy-Saving Company Shares Rocket After Shenzhen Listing — Pre-IPO, the emissions expert’s profits were up 39.2% year-on-year.
- China’s Education Ministry Weighs Tightening Supervision of Tutoring Sector — Online education companies summoned to meeting with government agencies concerned about ad spending and misappropriation of tuition funds.
- Cold-Chain Logistics Startup Xianshenghuo Bags $93 Million in New Funding — Chinese cold-chain logistics firm Xianshenghuo has raised 600 million yuan ($93 million) in its series A funding round, as a growing number of consumers choose online platforms to buy fresh food.
- WM Motor Rolls Out New Self-Parking Electric Car Powered by Baidu Tech — Chinese new energy car manufacturer WM Motor has rolled out a new mass-produced pure electric sport utility vehicle it has co-developed with Baidu’s Apollo platform that gives third-party partners access to key self-driving technologies.
- Chinese E-Commerce Service Platform WeTrade Eyes $121m in Nasdaq Transfer — WeTrade Group, a membership-based platform for e-commerce services in China, is looking at raising up to $121 million as it moves its listing from the US OTC board to the Nasdaq Stock Market.
- Tencent and Automaker Geely Team Up on Autonomous Vehicle Tech — Chinese internet giant Tencent and domestic carmaker Geely have agreed to co-develop intelligent vehicle technologies, the latest cross-industry partnership between a tech firm and traditional automaker.
South China Morning Post
- China’s central bank defines monopoly for the first time in antitrust curb of world’s largest online payment services market — China’s central bank has outlined its definitions of monopoly among third-party online payments for the first time, as it moves ahead with a plan to curb the market concentration in the world’s largest fintech market.
- How Mike Pompeo’s ‘genocide’ label for China over Xinjiang may set tone for Joe Biden — The outgoing US government’s assessment that China has committed “genocide and crimes against humanity” in Xinjiang was among the last acts of the Donald Trump administration that observers said could cement its legacy on Beijing and reduce Joe Biden’s ability to change course.
- China’s Chang’e 5 orbiter en route to solar observation point — China’s Chang’e 5 orbiter is expected to reach a point in space where it will be able to observe the sun in the middle of March, according to state media.
- China jobs market still seen as weak, unstable even as unemployment rate returns to pre-coronavirus level — While China’s unemployment picture, like the overall economy, on paper has all but recovered from the impact of the coronavirus, the reality on the ground suggests the job market still remains weak and unstable.
- US-China relations: prepare for ‘greater uncertainty’ in bilateral ties, observers say — With Joe Biden’s inauguration as US president just hours away, Chinese observers say Beijing and the new administration in Washington must work together if they are to manage tensions and avoid a military conflict.
- China FDI rose to record level in 2020 despite coronavirus, fastest growth rate in five years — Foreign direct investment (FDI) into China rose to a record high in 2020 by posing the fastest growth rate in five years despite the disruptions caused by the coronavirus pandemic.
- China keeps benchmark loan rate steady for ninth straight month with ‘inaction not surprising’ — China kept its benchmark lending rate for corporate and household loans the same for a ninth straight month at its January fixing on Wednesday, matching market expectations.
- China increased US debt holdings for first time in six months in November despite overall decline — Foreign holdings of US Treasuries declined for a fourth straight month in November, although China increased its load of American debt for the first time in six months, data from the US Treasury department showed on Tuesday.
- China revamps trade negotiation team ahead of possible fresh talks with Biden administration — Beijing reshuffled its trade negotiation team ahead of Joe Biden’s presidential inauguration, in the latest sign China is preparing for a possible resumption of bilateral trade talks with the United States.
- China’s iron ore imports from India rose nearly 90 per cent in 2020, with purchases from Australia and Brazil also up — Australia and Brazil, the world’s two largest iron ore producers, remained China’s top suppliers in 2020, but imports from India soared 88 per cent as Chinese mills diversified sources amid sky-high raw materials prices.
- Hedge fund Elliott Management to shift operations to London and Tokyo as it closes its Hong Kong office — Paul Singer’s Elliott Management plans to close its Hong Kong office and shift its remaining staff to Tokyo and London, as the downsizing by one of the biggest foreign financial firms amid the city’s worst recession culminates in its exit.
- Hong Kong developers Wharf, CK Asset gear up to launch luxury projects as surging stock market creates vast new wealth — Some of Hong Kong’s biggest developers are seizing the moment to launch their super deluxe projects to capitalise on a surging stock market and the prospect of a market recovery in the second half of the year.
- Alibaba, JD.com use foreign brands to attract more Chinese consumers, as borders remain closed amid Covid-19 pandemic — Chinese e-commerce giants Alibaba Group Holding and JD.com are using dedicated channels for overseas brands to reach more domestic consumers, as closed borders during the coronavirus pandemic led to a surge in imports of consumer goods last year.
- Alibaba founder Jack Ma delivers video speech to China’s rural teachers in first public appearance in three months — Jack Ma, the founder of Alibaba Group, delivered a video speech to 100 rural Chinese teachers on Wednesday morning, marking his first public appearance in nearly three months after his controversial speech at a Shanghai financial forum on October 24.
Bloomberg
- ASML Beats Estimates, Grapples With Chip Supply Shortage — ASML Holding NV, a crucial supplier to Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co, beat analyst expectations for the first quarter and is planning a significant share buyback in the first quarter, with U.S.-China tensions doing little to disrupt strong demand.
- China Plans Online Payment Rules That May Hit Ant, Tencent — China proposed measures to curb market concentration in its online payment market, potentially dealing another blow to financial technology giant Ant Group Co. and its biggest rival Tencent Holdings Ltd.
- Airlines in Reverse With Capacity Cuts From Europe to China — Airlines around the world are slashing more flights into the new year as the worst crisis to hit the industry shows no sign of letting up.
- Electric Car Maker BYD Seeks Up to $3.6 Billion in Placement — BYD Co., a Chinese electric-vehicle manufacturer backed by Warren Buffett, is looking to raise as much as $3.6 billion from a sale of its Hong Kong-listed shares, capitalizing on rising demand for new-energy vehicles and a blistering stock rally.
- China Urges ‘Mutual Respect’ With Biden After Trump Upheaval — China urged cooperation with Joe Biden’s administration and said it hoped new U.S. officials would make their own judgments on Xinjiang, after outgoing Secretary of State Michael Pompeo called Beijing’s crackdown in the region “genocide.”
- Done With Day Trading, China’s Stock Investors Turn to Funds — In China, retail investors are calling time on the do-it-yourself investment boom.
- China Delays $245 Million of Kenyan Government Debt Payments — China postponed Kenyan debt repayments due over the next six months, a week after the Paris Club of creditors offered the East African nation similar relief.
- Hang Seng Hovers Near 30,000 in Best Start to Year Since 1985 — Hong Kong’s Hang Seng Index hovered mere points away from the 30,000 level on Wednesday as mainland traders continued to flood the market with cash.
- China ETF Overtakes BlackRock Fund as Investors Avert Sanctions — A Chinese exchange-traded fund has surpassed BlackRock’s Inc.’s ETF to become the largest tracking onshore stocks as investors look to ride a surge in equities while skirting a U.S. clampdown.
- Hong Kong Nabs Bank Staff in $810 Million Money Laundering Case — Hong Kong police have arrested seven current and former bank staff in the city in an alleged money laundering case involving HK$6.3 billion ($810 million) in dirty money flows over the past four years.
- China Blows Past Clean Energy Record With Wind Capacity Jump — China blew past its previous record for renewable energy installations last year with a massive — and surprising — addition of wind power.
- Seoul Topples Hong Kong, Singapore as Asia’s Busiest Airport — Hong Kong no longer has the busiest airport for international traffic in Asia after the coronavirus pandemic wiped out travel, leaving South Korea’s Incheon International Airport in top spot, albeit with drastically fewer numbers than previous years.
- Some $63 Billion Richer, Alibaba Investors React to Ma’s Video — A video of Jack Ma addressing teachers on Wednesday spurred the biggest stock rally in six months for Alibaba Group Holding Ltd., the retail behemoth he co-founded two decades ago.
- World’s Rich Fled Alibaba After Monopoly Probe, Citi Says — Wealthy investors rushed to offload stock in Alibaba Group Holding Ltd. after China began an investigation into alleged monopolistic practices at billionaire Jack Ma’s internet giant, according to Citigroup Inc.’s private bank.
- U.K.’s Johnson Fights Off Revolt Over China Genocide Ruling — U.K. Prime Minister Boris Johnson defeated a rebellion by his own lawmakers on Tuesday after they pressed for British judges to be able to rule if China’s Muslim Uighur minority is suffering genocide.
- VW Loses Tens of Thousands of Cars in China on Chip Shortage — Volkswagen AG has lost tens of thousands of cars in production in China due to the global chip supply shortage that’s crippling automakers around the world.
- JPMorgan Appoints Huang to Lead Chinese Securities Venture — JPMorgan Chase & Co. has appointed veteran dealmaker Houston Huang to lead its Chinese securities venture as the Wall Street firm steps up expansion in the country.
- China Outbound M&A Seen Driving Rebound in Loans This Year — Offshore loans in the Greater China region are expected to climb this year, driven by an increase in mergers and acquisitions, after falling to their lowest level in five years.
- China Barricades Part of Capital as Northern Outbreak Escalates — Beijing has imposed a lockdown of 1.7 million people in part of the Chinese capital as officials race to prevent a Covid-19 resurgence in the country’s northern region from seeping into its most important city.
- Biden Taps Veteran Team to Clean Up After Trump’s China Fights — The veteran officials President-elect Joe Biden has chosen to manage the U.S.’s fractured relationship with China are familiar throughout Asia. But they’ll find the region’s landscape dramatically changed after four years of “America First” upheaval.
- China’s Virus Flare-Up Before Holiday Stokes Oil Demand Fear — The resurgence of Covid-19 in China has led to lockdowns and calls for citizens not to travel during the upcoming Lunar New Years holidays, stoking concern that oil and fuel demand will take a near-term hit.
- As WHO Fumes at Western Drugmakers, China Fills Void on Vaccines — For months, the World Health Organization has called on countries to come together to ensure a fair distribution of Covid-19 vaccines among rich and poor nations. Now it’s starting to lose patience.
- World’s Best Stock Market Under Trump Is Taiwan With 92% Rally — Donald Trump’s presidency promised a more confrontational approach toward China. While he certainly achieved that, he also helped create a winner in Taiwan’s stock market.
- Biden Team Hints at Keeping Trump’s Tough Line Toward China — President-elect Joe Biden’s cabinet picks signaled Tuesday that the new administration would continue some of Donald Trump’s hard-line economic policies toward China, with officials vowing to fight “abusive” trade practices and bar products from the region home to the nation’s ethnic Uighur Muslim minority.
- China’s Bull Market Has Some Investors Thinking About America’s Nifty Fifty — The country’s investors are focused on a shortlist of companies — let’s call them the Beautiful 20 — but the situation isn’t pretty.
- China Banks Stage Comeback as Big Tech Crackdown Spurs Rally — Chinese banking stocks, perennial under-performers with valuations hovering near record lows, may finally have some good news to cheer up investors.
- China’s Economic Recovery Needs Consumer Spending to Increase — Beijing talks up demand-side reform, but households are reluctant to spend their savings.
- China’s Tech Giants Are Muscling In on Lucrative IPO Market — China’s big technology companies, facing a crackdown at home over their dominance in online commerce and push into finance, are finding success in underwriting initial public offerings abroad.
- Tesla Faces Bumpier Ride Breaking Into India After China Success — Elon Musk all but confirmed Tesla Inc. will enter India last week, sparking jubilation among fans, some of whom have had electric cars on order for years. But it may prove the company’s hardest market to crack yet.
- Yellen Shows Dollar Shift, China Toughness, Change on Climate — The U.S. under Joe Biden is adjusting its dollar policy, giving no sign of an immediate shift on China strategy and putting a new focus on climate change. Those are some of the takeaways from Tuesday’s Senate confirmation hearing for the president-elect’s Treasury secretary pick, Janet Yellen.
Reuters
- Chinese media criticise Pfizer COVID-19 vaccine, tout local shots — Chinese state media outlets have run a series of articles criticising Western COVID-19 vaccines in the past week, including Pfizer’s, while touting China-made vaccines as safer and more accessible.
- Asked about Xinjiang, UK’s Johnson says attribution of genocide a matter for courts — British Prime Minister Boris Johnson said it was up to the courts to determine cases of genocide, responding to a question about China’s treatment of Uighur Muslims in Xinjiang.
- China plans tougher antitrust rules for non-bank payments industry — China’s central bank has proposed stepping up antitrust measures for companies in the non-bank payments industry, such as Ant Group’s Alipay and Tencent’s WeChat Pay.
- China takes parting shot at ‘lying and cheating’ Pompeo — With hours left in Donald Trump’s presidency, China’s foreign ministry took aim at its chief U.S. antagonist, “lying and cheating” Secretary of State Mike Pompeo, and said it would seek cooperation with the incoming administration of Joe Biden.
- China’s COVID-19 vaccine makers apply to join COVAX scheme — China said on Wednesday three drugmakers had submitted applications to supply their COVID-19 vaccines to global vaccine-sharing scheme COVAX in the country’s first formal move to provide locally developed shots to the initiative.
- China’s 2020 U.S. soybean imports surged though likely missed trade target — China’s soybean imports from the United States in 2020 rose by 52.8% from a year earlier, customs data showed on Wednesday, though the stepped up buying likely fell short of what was needed to fulfil last year’s trade deal between the countries.
- Irresistible? Pension funds plot move on China’s $16 trillion bond market — China’s $16 trillion bond market is the proverbial elephant in the investment room. But it’s becoming too big to ignore, even for the most risk-averse Western investors.
- Saudi Arabia pips Russia to be China’s biggest oil supplier in 2020 — Saudi Arabia, the world’s biggest oil exporter, beat Russia to keep its ranking as China’s top crude supplier in 2020, Chinese government data showed on Wednesday.
- China worries about lagging consumption as broader economy shakes off COVID — China will be looking to tweak its economic policies to get consumers to spend more, policy advisers in Beijing said after retail sales emerged as a weak spot in better-than-expected GDP data, underlining the need for reform.
- U.S. secretary of state nominee Blinken sees strong foundation for bipartisan China policy — President-elect Joe Biden’s nominee for secretary of state, Antony Blinken, said on Tuesday he believed President Donald Trump was right in taking a tougher approach to China – even if he did not agree with all his methods – and endorsed the assessment that it was committing genocide in Xinjiang.
- Italy’s Poste Italiane to buy 51% of China’s Sengi Express — Italy’s Poste Italiane said on Wednesday it signed an agreement with Hong Kong-based Cloud Seven Holding Ltd to buy a 51% stake in Chinese logistics company Sengi Express.
- Explainer: COVID-19 vaccine shots add to confusion over China’s tests for travelers — A coronavirus antibody test that China has made mandatory for arriving travelers has provoked concerns over its effectiveness after one of a team of international health experts was briefly denied entry last week following a positive result.
- Analysis: China’s would-be chip darling Tsinghua Unigroup bedevilled by debt and bad bets — Tsinghua Unigroup, a Chinese conglomerate that has long sought to become a semiconductor powerhouse, is now caught between a rock and a hard place as debt woes mount while key chip units are failing to thrive, sources with knowledge of the matter said.
- In parting shot, Trump administration accuses China of ‘genocide’ against Uighurs — The Trump administration has determined that China has committed “genocide and crimes against humanity” by repressing Uighur Muslims in its Xinjiang region, U.S. Secretary of State Mike Pompeo said on Tuesday, in an embarrassing blow to Beijing a day before President-elect Joe Biden is set to take office.
- Audi aims to sell one million cars in China in 2023 — German premium automaker Audi aims to sell 1 million vehicles in China in 2023, versus 726,000 vehicles in 2020, the brand’s China chief Werner Eichhorn said on Wednesday.
- Volkswagen says China car sales, production hit by chip supply shortage — German automaker Volkswagen AG lost sales of tens of thousands of cars in China as a global chip supply shortage impacted its production in December, the head of its China operations, Stephan Wollenstein, said on Wednesday.
- Brazil battles Chinese red tape to get active vaccine ingredients — Brazil is battling bureaucracy in China to free up exports of active ingredients for vaccines developed by AstraZeneca and Sinovac Biotech, three people familiar with talks told Reuters, without which an immunization push could soon slow to a trickle.
- Biden intelligence pick favors ‘aggressive’ stance on China threat — The United States should take an “aggressive stance” toward the threat posed by the aggressive and assertive China that it faces today, Avril Haines, President-elect Joe Biden’s choice for the top U.S. intelligence job, said on Tuesday.
- Stellantis CEO: all our brands get a chance, China options open — Stellantis, the carmaker forged from the merger of Fiat Chrysler and Peugeot-owner PSA, will give all its 14 brands a chance at success and keep all options on the table for revitalising its struggling Chinese business, it top executive said on Tuesday.
- U.S. Treasury nominee Yellen says China guilty of ‘horrendous’ rights abuses — China is guilty of “horrendous human rights abuses,” Janet Yellen, U.S. President-elect Joe Biden’s nominee for Treasury Secretary, told lawmakers on Tuesday.
- Haines calls Chinese counterintelligence threat a top priority — U.S. President-elect Joe Biden’s nominee to be the Director of National Intelligence said on Wednesday countering the Chinese counterintelligence threat and foreign influence operations more generally would be top priorities.
Xinhua
- Economic Watch: China’s 2020 FDI hits record high amid recovering economy — In a year ravaged by the COVID-19 epidemic, China has managed to overcome challenges and maintain its appeal to foreign investors, official data showed Wednesday.
- China Focus: Tibet’s GDP grows 7.8 pct in 2020 — The gross domestic product (GDP) of southwest China’s Tibet Autonomous Region grew 7.8 percent in 2020, said Qizhala, chairman of the regional government.
- China’s agricultural product wholesale prices edge up — The wholesale prices of China’s agricultural products edged up Wednesday, according to the Ministry of Agriculture and Rural Affairs.
- Beijing’s GDP tops 3.6 tln yuan in 2020 — Beijing’s GDP reached over 3.6 trillion yuan (about 558.5 billion U.S. dollars) in 2020, up 1.2 percent over the previous year at comparable prices, according to the Beijing Municipal Statistics Bureau on Tuesday.
- China’s loan prime rates remain unchanged — China’s one-year loan prime rate (LPR), a market-based benchmark lending rate, came in at 3.85 percent on Wednesday, unchanged from the previous month.
- More new energy powers China’s coal-rich Shanxi — China’s leading coal-producing region of Shanxi has stepped up the development of new energy over the past five years in a bid to reduce its heavy reliance on coal.
- China establishes fast IPR service centers to boost industry upgrade — China has established or is working to establish 25 service centers to provide fast responses to intellectual property rights (IPR) issues, the country’s IPR authorities announced on Tuesday.
- China’s civil air transport sector achieves 10 consecutive years of safe flight — China’s civil air transport sector created a new record in flight safety by maintaining 10 consecutive years of safe flight operation as of the end of 2020, according to data from the Civil Aviation Administration of China (CAAC).
- Taiwan sees export orders from mainland grow in 2020 — Taiwanese companies received export orders worth a total of 137.66 billion U.S. dollars from the Chinese mainland and Hong Kong in 2020, up 15.6 percent from the figure in 2019, the island’s economic affairs department said on Wednesday.
- China’s Chongqing sees foreign trade up 12.5 pct in 2020 — The foreign trade in southwest China’s Chongqing Municipality reached 651.34 billion yuan (about 100.7 billion U.S. dollars) in 2020, up 12.5 percent year on year, local customs said Wednesday.
- China’s Hubei sees foreign trade surge in 2020 — Central China’s Hubei Province, once hit hard by COVID-19, saw an 8.8-percent growth in foreign trade in 2020, according to customs figures.
- China’s central SOEs see profits rise 2.1 pct in 2020 — Net profits of China’s centrally-administered state-owned enterprises (SOEs) expanded 2.1 percent year on year in 2020 to 1.4 trillion yuan (215.77 billion U.S. dollars), with around 80 percent of central SOEs reporting rising profits, official data showed Tuesday.
- China’s benchmark power coal price edges up — China’s benchmark power coal price rose slightly during the past week.
- Chinese shares close higher Wednesday — Chinese stocks closed higher on Wednesday, with the benchmark Shanghai Composite Index up 0.47 percent, at 3,583.09 points.
- Market exchange rates in China — Jan. 20 — The following are the central parity rates of the Chinese currency renminbi, or the yuan, against 24 major currencies announced on Wednesday by the China Foreign Exchange Trade System:
- Chinese yuan strengthens to 6.4836 against USD Wednesday — The central parity rate of the Chinese currency renminbi, or the yuan, strengthened 47 pips to 6.4836 against the U.S. dollar Wednesday, according to the China Foreign Exchange Trade System.
Other Publications
- Foreign Policy: Pompeo’s Mistimed Uighur Genocide Declaration Hands China Ammo — A botched process will end up helping Beijing’s propaganda.
- Foreign Policy: How China Took Western Tech Firms Hostage — And what the United States and Europe can do about it.
- Nikkei Asian Review: Laos’ new leader to play balancing act between China and Vietnam — New secretary-general looks to largest lender Beijing despite strong ties with Hanoi.
- Business Insider: An electric-car battery that can be charged as fast as filling up your gas tank was just shown off by a startup — The new lithium-ion batteries were developed by the Israeli company StoreDot and manufactured by Eve Energy in China. The company has produced 1,000 sample batteries compliant with li-ion battery certifications, StoreDot said Tuesday.
- SupChina: The 2021 Red Paper — An annus horribilis, but not for China — 2020 in review.
