Informal economic sanctions reinforced by state-sponsored consumer boycotts have made the Chinese market volatile for multinational corporations (MNCs) over the past decade. MNCs must be careful not to offend Beijing and nationalists in the People’s Republic of China (PRC). Nonetheless, a definition of what it means to ‘offend China’ 辱華 is rather elusive. Examples range … more
Innovation in science and technology has become the main battleground of the global strategic contest.[1] — Xi Jinping, 28 May 2021 Realising the complete reunification of the Motherland is the shared longing of all Chinese sons and daughters and represents the essence of National Rejuvenation.[2] — Xi Jinping, 13 March 2023 Introduction At the Two … more
It is no coincidence that Desmond Shum’s Red Roulette has been one of the most popular books among China watchers to come out in recent years. For many of us, his lurid descriptions of the drama and debauchery taking place among the great and gilded in Beijing are as thrilling as The Godfather, a real-life … more
On 4 February 2022, the opening day of the Winter Olympics in Beijing and only twenty days before Russia’s invasion of Ukraine, China and Russia declared a ‘no limits’ partnership that ‘surpasses an alliance.’ Given China’s and Russia’s geopolitical ambitions and boundaries, a tighter alignment between the two countries could significantly change the power structure … more
It is an understatement to say that 2022 has not been a great year for the Chinese economy – and the world has taken note. With GDP growth projections ‘slashed’ by the World Bank in June, and again in September to 2.8 percent, there is no doubt that the Chinese government will fail to reach … more
In June 2022, the Chinese Ministry of Ecology and Environment and sixteen other government departments jointly released their ‘National Climate Change Adaptation Strategy’. The document outlined plans for the People’s Republic of China (PRC) to become a ‘climate-resilient society’ by 2035. It emphasised the need for adaptation and mitigation, namely, reducing emissions through new technologies … more
