Category: Business
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To a different tune – Joe Biden’s China policy will be a mix of Trump’s and Obama’s
E ARLY IN HIS campaign for the presidency, Joe Biden rejected the notion that China was much of a worry. He argued that no leader in the world would trade the challenges facing China for their own. “China’s going to eat our lunch? Come on, man,” Mr Biden scoffed. “I mean, you know, they’re not…
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Chaguan – No American election will change China’s mind
S HORTLY BEFORE election day in America, Chaguan spent an instructive morning in central Beijing listening to a senior Chinese official explain why his country does not care who sits in the White House. This was partly bravado, for China’s rulers do not care to play up the idea that mere voters might hold world…
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What’s behind China’s Big Tech crackdown and what does it mean?
New draft rules could affect some of China’s most popular e-commerce firms, including Alibaba and Tencent. Several governments are trying to defang the growing financial and economic might of tech giants, but few have the political leeway that China has. China’s government published draft antitrust rules this week aimed at curbing monopolistic behaviour by its…
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China congratulates Joe Biden, Kamala Harris on US election win
China became one of the last major countries to congratulate the US leaders, nearly a week after they clinched victory in November 3 polls. China has congratulated US President-elect Joe Biden, who won the November 3 election that President Donald Trump has not conceded, nearly a week after the former vice president clinched enough states…
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On nature, the Arctic, John Kennedy, Covid-19, Taiwan, culture, capitalists, Berlin, Albanians – Letters to the editor
Letters are welcome via e-mail to [email protected] What is nature? Your use of quotation marks around “natural” shows the strange turn that word has taken. But your analysis of the rewilding of Scotland missed a deep irony in the effort to create a landscape purified of human influence (“In their sights”, October 3rd). This concept…
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Chaguan – High-tech chickens are a case study of why self-reliance is so hard
I T TAKES AN effort—a small hardening of the heart—to see day-old Jinghai Poultry chicks for what they are. These, for all their plaintive cheeping and soft, fuzzy plumage, are tiny, high-performance meat factories. The product of decades of genetic research in American and European laboratories, they hatch in China thanks to global supply chains,…
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Biden’s Treasury pick could be key to tackling climate change
Biden’s Treasury pick will have to cope with a recession and also help address inequality and climate change. Incoming United States Treasury secretaries have been confronted over the past two decades with the financial rescue of other countries, the bailout of the US banking system and a trade war. But whoever Joe Biden chooses may…
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Xi plays down concerns that China’s economy is turning inward
Chinese President Xi sought to ease concerns that China’s new ‘dual circulation’ strategy would make it more insular amid the fallout from the suspension of Ant Group’s IPO. Chinese President Xi Jinping tried to reassure international businesses that the nation is committed to open trade, amid concerns that the new ‘dual circulation’ strategy will mean…
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Japan’s Populist, Pragmatic New PM Suga Pushes Abe’s Vision
Japan’s new prime minister, Yoshihide Suga, leaves Sunday on his first overseas foray since taking over from his former boss Shinzo Abe last month, heading to Vietnam and Indonesia. The choice to visit Southeast Asia underscores Japan’s efforts to counter Chinese influence and build stronger economic and defense ties in the region, much in line…
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US-China rivalry set to persist whoever wins the White House
Whoever emerges the winner of the November 3 election, the US is set to retain a tough approach to China. In April 2017, US President Donald Trump entertained his Chinese counterpart Xi Jinping at Mar-a-Lago, his luxury golf resort in Florida. On his way to the White House, China had been one of Trump’s favourite…