Tag: United States

China’s Exports Surge Are Drawing a Global Backlash

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China’s factory exports are powering ahead faster than almost anyone expected, putting jobs around the world in jeopardy and setting off a backlash that is gaining momentum. From steel and cars to consumer electronics and solar panels, Chinese factories are finding more overseas buyers for goods. The world’s appetite for its goods is welcomed by China, which is enduring a severe downturn in what had been the economy’s biggest driver of growth: building and outfitting apartments. But other countries are increasingly concerned that China’s rise is coming partly at their…

How China Came to Dominate the World in Solar Energy

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China unleashed the full might of its solar energy industry last year. It installed more solar panels than the United States has in its history. It cut the wholesale price of panels it sells by nearly half. And its exports of fully assembled solar panels climbed 38 percent while its exports of key components almost doubled. Get ready for an even bigger display of China’s solar energy dominance. While the United States and Europe are trying to revive renewable energy production and help companies fend off bankruptcy, China is racing…

Big American Tech Profits From Chinese Ad Spending Spree

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The trade relationship between China and the United States has plenty of friction. But at least one area is booming: Chinese start-ups looking to establish a presence in the West are spending billions of dollars for advertisements on services owned by some of Silicon Valley’s biggest technology companies. Temu, the international arm of the Chinese e-commerce giant Pinduoduo, is flooding Google with ads for absurdly inexpensive goods. With an initial public offering looming, the fast-fashion merchant Shein is inundating Instagram with ads for clothes and accessories at rock-bottom prices. Developers…

John Kerry: ‘I Feel Deeply Frustrated’

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When former Secretary of State John Kerry stepped into a newly created post as America’s top climate diplomat in 2021, the reputation of the United States abroad was, in his words, “in the crapper,” and the pathway to meeting the world’s climate goals looked, to most, very narrow. Kerry, now 80, is stepping down this week to take a role on the Biden re-election campaign. In the last three years, the climate landscape has changed in two big and contradictory ways: The goal the world set in Paris in 2015…

An Arms Race Quietly Unfolds in Space

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The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, John Ketchum, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern,…

Book Review: ‘Means of Control,’ by Byron Tau; ‘The Sentinel State,’ by Minxin Pei

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MEANS OF CONTROL: How the Hidden Alliance of Tech and Government Is Creating a New American Surveillance State, by Byron Tau THE SENTINEL STATE: Surveillance and the Survival of Dictatorship in China, by Minxin Pei In 1975, the French philosopher Michel Foucault published “Surveiller et Punir” — “To Surveil and Punish” — a book popularly translated into English as “Discipline and Punish,” about how societies keep their populations in line with minimal violence. At the center of his argument lay the panopticon, a prison designed by the 18th-century political reformer…

Volkswagen and BASF Are Reconsidering Ties to Xinjiang, China

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Volkswagen Group is reviewing the future of its joint venture in the Xinjiang region of northwestern China and another German industrial giant is starting to sell its stakes there following new international scrutiny of forced labor by predominantly Muslim ethnic groups. Volkswagen said last week that it was in discussions with one of its main joint venture partners in China, the state-owned Shanghai Automotive Industry Corporation, in the wake of allegations of human rights violations at their joint venture in Xinjiang. The companies are examining “the future direction of the…

How China Broke One Man’s Dreams

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The Daily is made by Rachel Quester, Lynsea Garrison, Clare Toeniskoetter, Paige Cowett, Michael Simon Johnson, Brad Fisher, Chris Wood, Jessica Cheung, Stella Tan, Alexandra Leigh Young, Lisa Chow, Eric Krupke, Marc Georges, Luke Vander Ploeg, M.J. Davis Lin, Dan Powell, Sydney Harper, Mike Benoist, Liz O. Baylen, Asthaa Chaturvedi, Rachelle Bonja, Diana Nguyen, Marion Lozano, Corey Schreppel, Rob Szypko, Elisheba Ittoop, Mooj Zadie, Patricia Willens, Rowan Niemisto, Jody Becker, Rikki Novetsky, John Ketchum, Nina Feldman, Will Reid, Carlos Prieto, Ben Calhoun, Susan Lee, Lexie Diao, Mary Wilson, Alex Stern,…

Angela Chao, C.E.O. of Foremost Group, Dies in a Car Crash

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Angela Chao, the chief executive of a shipping company and part of a family prominent in American politics and business deals with China, died in a car crash on Sunday, in Texas. She was 50. Her family confirmed her death. Details about the accident were not immediately available. Ms. Chao had since 2018 been the chair and chief executive of the Chao family’s Foremost Group, which operates a global fleet of bulk carrier ships. The vessels are used to transport commodities like iron ore and soybeans. She was a sister…

American Firms Invested $1 Billion in Chinese Chips, Lawmakers Find

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A congressional investigation has determined that five American venture capital firms invested more than $1 billion in China’s semiconductor industry since 2001, fueling the growth of a sector that the United States government now regards as a national security threat. Funds supplied by the five firms — GGV Capital, GSR Ventures, Qualcomm Ventures, Sequoia Capital and Walden International — went to more than 150 Chinese companies, according to the report, which was released Thursday by both Republicans and Democrats on the House Select Committee on the Chinese Communist Party. The…