Tag: Politics and Government

Radio Free Asia Leaves Hong Kong, Citing Security Law

Media Library

The United States-funded news service Radio Free Asia said on Friday that it has closed its office in Hong Kong because of concerns about the city’s recently enacted national security law that targets so-called foreign interference. Hong Kong’s new national security law, which was passed with unusual speed earlier this month, raised “serious questions about our ability to operate in safety,” the broadcaster’s president and chief executive, Bay Fang, said in a statement. Radio Free Asia said that it had relocated some employees from Hong Kong to Taiwan, the United…

China Lifts Punishing Tariffs on Australian Wine

Media Library

In a sign of easing tensions between Australia and China, China said Thursday it will lift the tariffs it placed on Australian wine more than three years ago. The tariffs, which were first imposed in 2020 amid a nasty diplomatic spat between Australia and China, had all but vaporized the country’s biggest overseas market, worth 1.2 billion Australian dollars or around $800 million at its peak. Australian winemakers faced desperate hardship and were stuck with a surfeit of big-bodied red wines. The decision to lift the tariffs was announced by…

A.I. Leaders Press Advantage With Congress as China Tensions Rise

Media Library

In recent weeks, American lawmakers have moved to ban the Chinese-owned app TikTok. President Biden reinforced his commitment to overcome China’s rise in tech. And the Chinese government added chips from Intel and AMD to a blacklist of imports. Now, as the tech and economic cold war between the United States and China accelerates, Silicon Valley’s leaders are capitalizing on the strife with a lobbying push for their interests in another promising field of technology: artificial intelligence. On May 1, more than 100 tech chiefs and investors, including Alex Karp,…

U.K. to Accuse China of Cyberattacks Targeting Voter Data and Lawmakers

Media Library

The British government is expected to publicly link China to cyberattacks that compromised the voting records of tens of millions of people, another notable hardening of Britain’s stance toward China since its leaders heralded a “golden era” in British-Chinese relations nearly a decade ago. The deputy prime minister, Oliver Dowden, will make a statement about the matter in Parliament on Monday afternoon, and is expected to announce sanctions against state-affiliated individuals and entities implicated in the attacks. The government disclosed the attack on the Electoral Commission last year but did…

Germany’s Solar Panel Industry, Once a Leader, Is Getting Squeezed

Media Library

Before China came to dominate the solar panel industry, Germany led the way. It was the world’s largest producer of solar panels, with several start-ups clustered in the former East Germany, until about a decade ago when China ramped up production and undercut just about everyone on price. Now as Germany and the rest of Europe try to reach ambitious goals to cut greenhouse gas emissions, the demand for solar panels has only increased. Some of the last remaining manufacturers in Germany’s solar industry are not ready to give up.…

China’s Plan to Spur Growth: A New Slogan With Familiar Ideas

Media Library

From the top of the government, China is heavily promoting a plan to fix the country’s stagnant economy and offset the harm from a decades-long housing bubble. The program has a fresh slogan, presented foremost by Xi Jinping, the country’s top leader, as “new, quality productive forces.” But it has features that are familiar from China’s economic playbook: The idea is to spur innovation and growth through massive investments in manufacturing, particularly in high-tech and clean energy, as well as robust spending on research and development. And there have been…

China’s Dispute With Taiwan Is Playing Out Near This Tiny Island

Media Library

A small island controlled by Taiwan a few miles off China’s coast lived for decades in constant readiness for war. At one point in 1958, troops there hunkered in bunkers as Communist forces rained hundreds of thousands of shells on them. These days, the island, Kinmen, has become a hub of Taiwan’s commerce with China and its abandoned, weatherworn fortifications are tourist sites. Eight ferries a day take Taiwanese businesspeople and visitors from Kinmen to mainland China. But the sea around Kinmen has again turned tense after two Chinese men…

Where Are Hong Kong’s Leading Pro-Democracy Figures Now?

Media Library

In 2019, Hong Kong erupted into the most stunning expression of public anger with Beijing in decades. Protesters broke into the legislature and vandalized it. They bought full-page advertisements in international newspapers, criticizing the government. Lawmakers hurled unsavory objects in meetings to protest unpopular bills. In the years since then, China has waged an expansive crackdown on Hong Kong to crush the opposition. Beijing directly imposed a national security law on the city in 2020 that gave the authorities a powerful tool to round up critics, including a prominent pro-democracy…

Mainland Chinese Flocked to Hong Kong’s Top Talent Visa

Media Library

To some foreign expatriates, Hong Kong has lost its appeal as an international city and no longer feels like home since Beijing took a heavier hand in its governance. But for many former mainland Chinese like Angelina Wang, it has become a more attractive place to live and work. Ms. Wang, in her early 30s, was feeling stuck in her job at a state-owned finance company in Shenzhen, a mainland city just across the border, when she read about a Hong Kong visa for professional workers. She quickly applied. As…

In Hong Kong, China’s Grip Can Feel Like ‘Death by a Thousand Cuts’

Media Library

Once one of Asia’s most high-flying cities, Hong Kong is now grappling with a deep pessimism. The stock market is in the tank, home values have tumbled and emigration is fueling a brain drain. Some of the hottest restaurants, spas and shopping malls that local residents are flocking to are across the border, in the mainland Chinese city of Shenzhen. “It pains me to say Hong Kong is over,” Stephen Roach, an economist and a former chairman of Morgan Stanley Asia long known for his optimism about the city, wrote…