Two decades on, China’s social credit system is more dysfunctional than dystopian.
In 1999, a frustrated young entrepreneur wrote a letter to then-Premier Zhu Rongji. Huang Wenyun had made a small fortune for herself by capitalizing on Shenzhen’s manufacturing boom and selling educational toys, but her business had hit a wall: Her products were so successful that the market was being flooded with cheap knock-offs, eating up a chunk of her profits and delivering a major blow to her business.
Not one to sit around, Huang had gone on a hunt for solutions to what
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What is so hard about making chips in America? And can the U.S. do anything about it? As part of his series, 'Remaking the Chain,' Luke Patey went searching for answers from America's past and from the last country to threaten its mantle as the world’s leading economy.
The political scientist and sinologist talks about the early days of the pandemic in Wuhan, and how the Chinese authorities’ lack of transparency led the virus to spread rapidly.
Navigate China's Business Landscape with Confidence.