Four years ago, when most political pundits put their money on Hillary Clinton instead of Donald Trump, vendors in the Yiwu International Trade Market in Zhejiang province already knew that Trump would win. Orders of presidential election merchandise gave them the clue. Termed “the world’s supermarket”, Yiwu is the world’s biggest wholesale market of small commodities. How is it seeking to reinvent itself in the pandemic downturn, and what does this year’s orders list tell them about the likely outcome of the 2020 US presidential election?
Huawei
Technology
Huawei will stop producing its flagship Kirin chipsets from 15 September due to US restrictions and also because China still does not have the ability to produce them on its own. Hong Kong physicist Xu Shijie ruminates on ancient Chinese philosophy's idea of a perpetual cycle of order and chaos, and opines that while the tumultuous events of 2020 seem to signal a move away from a US-led world order, this does not mean that China has the upper hand. Recognising that it still needs to buck up on innovation and kick the habit of seeking quick success will help China build a better world for everyone.
Politics
Even though the countries are in a state of “non-war”, US-China tensions will not go away, says Chinese scholar Deng Qingbo. The US can only be expected to continue using China as a bogeyman even after the presidential election. While he is confident that China will be able to handle containment measures thrown at it deftly, he warns that it needs to guard against being increasingly withdrawn from the world as it nurses its bruises from its battles with the US. Failing to do so would only mean the US has succeeded in thwarting its goal of greater reform and opening up.
Politics
Following TikTok’s shutting down in the Indian market, and the US’s announcement of its ban, countries such as Japan and New Zealand have also begun to consider imposing sanctions on TikTok. Does the crux of the problem lie in the company’s practices over user privacy and information security, or in the geopolitical struggle among the major powers? In the future, will other Chinese technology companies face the same fate as TikTok when they expand overseas?
Society
With Trump's executive order prohibiting US "transactions" with China apps TikTok and WeChat, it may be harder for the Chinese to use WeChat on iPhones. But when it comes to making a choice between using WeChat for daily life or sticking with iPhones, which would the Chinese choose?
Politics
As TikTok edges towards its deadline of 15 September to either be sold to a US buyer or banned in the US, it is ironic to think that Bytedance, its parent company, is getting bruised from all sides. Some of its harshest critics, in fact, are intensely patriotic Chinese citizens who think that it has not gone far enough in pushing back on unreasonable US demands. Can ByteDance appease the gods and the hordes before the deadline is up?
Politics
“The new Cold War” is becoming a catchphrase for the state of relations between China and the US. But the China of today and the web of connections it shares with the US is very different from the former Soviet Union. Is calling the conflict a clash of ideologies oversimplifying the issue? Even further, is it in the US’s interest to do so to corral support for its actions against China at home and abroad? Zhu Ying examines the issue.
Technology
Hong Kong commentator Chip Tsao notes the “adulterous” relationship between Silicon Valley tech companies and China, the inevitability of technology transfer, and the US government’s naive demand for parity in all its dealings with China.
Politics
China has drawn a lot of flak recently for its aggressive and brash approach known as “wolf-warrior diplomacy”. But wolfish talk of another kind is making the news: the idea that the US is the “alpha wolf” or leader of the pack that is forging a global coalition against China. Not only that, like a wolfpack, such a coalition threatens to encircle and pounce on China at the right moment. Are these fears unwarranted?