Uncategorized

The Excess Capacity Debate

Chinese leaders are stressing two major themes driving their current growth strategy—an industrial upgrading that draws on “new productive forces” and a long overdue  boost to household demand. Of these two areas of focus, the emphasis on production is getting the...

read more

The Voodoo of China Hawks

There is a growing and increasingly vocal constituency in the United States that favors a kinetic war with China. Look no further than hallowed pages of Foreign Affairs, America’s preeminent platform of intellectual engagement on international policy. In the upcoming...

read more

China’s Growth Shock

Whether it is a race car or an economy, deceleration is all relative. If a sleek, high-performance race car slows abruptly from a speed of 200 miles an hour to 50 miles per hour, a passenger without a seatbelt might be thrown through the windshield, Similarly, for an...

read more

What’s the Point?

That is the tough question that I am now asking myself after my recent trip to Beijing to attend the 25th annual China Development Forum (CDF). Having been to all but the first CDF in 2000, my participation over each of the ensuing 24 years makes me the...

read more

Views from a friend

It is always a pleasure for me to be at the China Development Forum. I have attended this event for 24 years in a row, only missing the first CDF in 2000. I have been to every single one since—making me the longest attending foreign participant. Over the years, the...

read more

The Spirit of the China Development Forum

It’s that time of the year—late March, when for each of the past 24 years I have gone to Beijing to attend the China Development Forum (during Covid, two of those meetings were virtual). While I missed the first meeting in 2000, I have been there every year since....

read more

Sinophobia Unhinged

It has been building for years. It started in the early 2000s when the United States and its allies first raised security concerns over allegations of the so-called backdoor espionage potential embedded in Huawei’s telecommunications networking products. China’s...

read more

Chinese Tea Leaves

At this time of the year, the eyes of China watchers turn to the annual “two sessions” meetings taking place in Beijing. Two parallel gatherings in Beijing—the nation’s elected legislature (National People’s Congress) and the political advisory organization of the...

read more

EV Paranoia

America’s Sinophobia seems to have no limits. That’s especially the case with the US-China tech war. First, it was Huawei’s alleged backdoor threat to 5G telecommunications platforms. Then it was TikTok, followed more recently by the escapades of China’s Volt Typhoon...

read more

Making Trouble in Hong Kong

My recent opinion piece in the Financial Times, “It pains me say Hong Kong is over,” has stirred up quite a debate in the city-state that I used to call home. Unsurprisingly, Hong Kong politicians have been especially critical. But former colleagues, business...

read more
Sign up for Stephen’s Dispatches: