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.
Articles
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?...
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,...