Academic Naoise McDonagh points out that China gains little by laying the red carpet for European country heavyweights like France, while slighting the EU, as seen from the recent visits of French President Emmanuel Macron and European Commission President Ursula von der Leyen. While von der Leyen herself is known to be more hawkish towards China, she does represent the EU, which is taken to have the majority of EU countries agreement on EU positions. China’s approach can only weaken its efforts to better engage the Europeans.
Economy
Technology
The Chinese government has set targets for hydrogen-powered vehicles and diverse uses of hydrogen until 2035 as part of its push to get industries to shift to clean energy. However, given the processes and costs involved, it remains to be seen whether the initiative will gather enough momentum.
Economy
Two of China’s largest container truck yards near the major port city of Ningbo in Zhejiang province have been filled with nearly 3,000 idle vehicles with no cargo to haul since early March, and the situation could get even worse with the delivery of new vessels. Could overcapacity in the industry lead to a price war?
Economy
Jack Ma’s recent return to China has made waves and offers some hope for the revival of the entrepreneur class in China. But this group of people have never shaken off their dual identity as entrepreneur-capitalists. With the rise of a group of diehards romanticising the glory of past eras, entrepreneurs, and in turn the development of China’s market economy, face obstacles.
Economy
After being photographed in various countries, Jack Ma is now back in China. Does this have anything to do with Beijing's easing of regulations on the technology sector? And will it help boost confidence in the private sector?
Politics
In per capita terms, China may seem more like a developing country than the might of its overall economic, technological and military prowess suggests. Be that as it may, the duality of its identity suits the CCP’s purpose in trumpeting China’s strengths at home while holding on to the right to developing country status benefits internationally. While the US will be keen to strip China of such flexibility, China will likely fight tooth and nail to keep this advantage.
Economy
A fierce price war has erupted as China’s auto sector enters lean times, with sales plunging since a government subsidy on EV purchases expired at the end of last year. New energy and conventional fossil fuel car makers alike are battling it out to gain a larger slice of the pie to survive.
Economy
As the world’s second largest economy, China’s domestic consumption has a major influence on the global economy. The Chinese government has said that its focus is on boosting China's domestic economy and consumption. But how should it go about achieving it? Researcher Ding Ke says it depends on the kind of society China wants to build.
History
Speaking at a recent talk co-organised by Yale-NUS College and the Singapore Chinese Cultural Centre, Professor Wang Gungwu gave a lecture titled "What Does it Mean to be Ethnically Chinese in Singapore?", pondering what Singapore is, what “Chinese” means, and finally, what it means to be Chinese in Singapore. This is an edited transcript of his speech.