Executives sit in jail, tech companies are being reined in and the biggest developer is teetering. It’s the beginning of a new era for China’s economy.
Tag: Xi Jinping
How the Huawei Case Raised Fears of ‘Hostage Diplomacy’ by China
Critics of the Justice Department deal to free the Huawei executive Meng Wanzhou say it could blunt tools like sanctions and prosecutions.
Memoir Details How China Keeps Business in Line
A memoir by a well-connected businessman offers insights into the Communist Party’s thinking as it tightens its grip on the private sector.
China Pledges to Stop Building Coal Plants Abroad: Explained
Beijing is the undisputed king of coal, but the announcement at the United Nations General Assembly this week was cautiously welcomed by climate experts.
At U.N., Biden Calls for Diplomacy, Not Conflict, but Some Are Skeptical
The president said he wants global cooperation to meet challenges, but some allies and adversaries say his actions point to confrontation with China and unilateral action, belying his words.
China Pledges to Stop Building Coal-Burning Power Plants Abroad
It marks a major shift for one of the biggest backers of coal-fired plants globally. Still, China remains heavily reliant on new coal plants at home, and is the world’s top emitter of greenhouse gases.
China Won’t Build More Coal Plants Abroad, Xi Jinping Says
One analyst called the announcement, which the Chinese leader made in prerecorded remarks to the U.N. General Assembly, “an important step by the world’s biggest provider of overseas coal finance.”
Biden Speaks With Xi Amid Low Point in U.S.-China Relations
The call was only the second time the leaders had spoken since President Biden’s inauguration. The lack of communication was a measure of the rising tensions between the two countries.
Li Guangman’s Essay Ignites Guessing Over Xi’s Plans for China
After Communist Party websites shared Li Guangman’s fierce denunciation of private corporations, contention broke out over whether leaders share his views.
China’s Xi Pressures Tycoons With ‘Common Prosperity’ Talk
As the country’s leader prepares for a likely third term, he is promising “common prosperity” to lift farmers and working families into the middle class.