Big Pharma Doubles Down on China
Foreign pharmaceutical firms are eyeing the world’s second largest market for profit opportunities as well as innovative assets.
Articles
Broken Promises
In 2021, after four decades of exponential growth in China’s economy, Xi Jinping revived the party slogan “common prosperity” in order to address the country’s glaring inequality. The policy priority was suddenly everywhere: in speeches, in newspapers and in schools. But now, three years later,...
Shein and Temu Face Up to a Frostier Future
The fast-growing Chinese e-commerce companies are changing tack as challenges to their cheap import models multiply.
Oriana Skylar Mastro on How China Gained Power
The political scientist explains how China has risen not just by following in the U.S.’s footsteps, but also by exploiting U.S. vulnerabilities and its own competitive advantages.
Gaining Currency
Can a central bank digital currency work? China was the first major economy to launch one and, despite several setbacks, is starting to see the digital yuan take off.
The Roadblock Facing China’s Self-Driving Vehicles
How China’s autonomous driving companies fare in foreign markets will depend on whether they can soothe concerns over how they handle data.
Yuan Yang on China’s Gender and Rural-Urban Divides
The journalist-turned-lawmaker talks about her book on four women coming of age in modern China, the end of optimism for the younger generations, and being the first Chinese-born British MP.
China’s Chip Consolidation
Beijing is weeding out bad actors in the semiconductor industry and concentrating its resources on well-established firms.
China’s Ozempic Test
Novo Nordisk, the maker of Ozempic, has enjoyed a China boom in recent years, commanding 77 percent of the market. But that kind of dominance isn’t likely to last, and Novo Nordisk’s challengers in China — both domestic and foreign — represent significant shifts in...
China’s Robot Fever
Chinese humanoid robots are working better and getting cheaper. But what are they good for?
Andreas Fulda on Germany’s Failure to Tackle the China Challenge
The German political scientist talks about the need for a paradigm shift in Germany’s foreign policy and the difficulty of countering hybrid threats.
Chinese Battery Makers Get Solid Support
Braving the frigid cold of the Chinese winter last December, William Li, chief executive of Chinese automaker NIO, drove for 14 hours from Shanghai to the southern eastern city of Xiamen, allowing viewers to watch him via a livestream on the company’s app. His aim?...