Rachel Cheung

Articles

The Clash of Constellations

In 2021, Beijing announced Guowang, its answer to SpaceX’s Starlink. But with very few updates about the project — apart from disciplinary inspections — it seems Guowang could be stalling. China’s space industry, however, is still racing ahead thanks to the surprising flood of private...

Chinese Private Equity Looks for A New Playbook

Both raising money and investing it is getting harder for firms who grew used to China being a one-way bet.

Micron Plays the Long Game in China

While the U.S. memory chipmaker builds a new assembly plant in Xi’an, it is shifting its focus elsewhere.

Status Symbol

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,...

Ant Group Renews International Push

A decade on, China’s mobile payment giant ventures out again, targeting merchants and tourists across Asia.

The Chinese EV Price War Goes Global

The fierce competition between Chinese automakers has the potential to reshape EV markets around the world — and stoke resistance.

Minxin Pei on China’s Surveillance State

The political scientist talks about the capabilities and limitations of China’s coercive apparatus.

Tone Deaf

Sixth Tone, a state-owned media outlet, has long been celebrated for carving out a unique space in China to tell stories about ordinary people. But over the past year, Beijing has tightened Sixth Tone's leash, illustrating how fearful censors have grown and marking the end...