Asia cannot fully decarbonize without becoming even more financially interconnected with — and dependent on — China.
Media coverage of the COP26 climate summit underway in Glasgow has been fixated on China. Fair enough — China emits nearly 30 percent of the world’s carbon, burns nearly half of the world’s coal, and did not even send Xi Jinping to the summit. But while China’s climate policies deserve scrutiny, other countries in the Indo-Pacific have an even worse coal habit. If the Asia-Pacific ex-China were a country, it would be the largest emitter in the world, and both the largest coal producer an
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For much of the past two decades, Europe's luxury market has counted on the ferocious appetite of Chinese consumers to bolster its bottom line. But foreign luxury brands are facing a reckoning in China. Not only is China’s economy entering a more uncertain phase, giving consumers pause, but homegrown designers and labels are also gaining ground. The questions now are which European brands can still rely on China, and how China's domestic designers can capture a share of the pie.
The Treasury’s top international official gives an inside-the-room account of the latest talks between Treasury Secretary Yellen and the Chinese leadership, including the U.S.’s efforts to get Beijing to address overcapacity and economic imbalances, how...
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.