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News on China’s Relations with Rest of the World

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No end in sight?

Debate rages over the endgame for Beijing’s costly ‘zero Covid’ policy
Jan 14, 2022 (WiC 569)

“How could some of China’s remarkable achievements be made to look less credible by the Western media?” That was the question from China’s foreign ministry spokesman Zhao Lijian on Twitter this month. “Easy. Just add ‘at what cost’ ...

Cook to perfection

Apple regains top spot in China and debunks decoupling theories
Jan 14, 2022 (WiC 569)

The year 2022 began on a triumphant note for Apple when it became the first company in history to reach $3 trillion in market capitalisation, although its stock has since receded slightly from its highwater mark. The pandemic has powered much ...

China paymasters

Paytm listing reveals Alibaba as key winner
Dec 3, 2021 (WiC 566)

On November 18 Indian fintech company Paytm completed India’s biggest ever IPO. But the main beneficiary wasn’t its founder Vijay Shekar Sharma or any of its local investors. Instead Ant Group and Alibaba were the biggest winners – ...

Beijing lauds Xu Guojun’s extradition from the US
Nov 26, 2021 (WiC 565)

Former movie financier Shi Jianxiang enjoys his moments in the limelight. An internet search of his name returns various photos of him posing with celebrities such as Mike Tyson, Mel Gibson and Sylvester Stallone. Perhaps it’s surprising ...

Establishing the guard rails

What did the debut Sino-US presidential summit of the Biden era achieve?
Nov 19, 2021 (WiC 564)

Ronald Reagan first met Deng Xiaoping in Beijing in April 1984 – almost exactly 39 months after the former Hollywood star first became US president. There was a delay because Washington and Beijing had laboured for months over the details of ...

Seeds of amity?

Pine nuts in the spotlight for Afghan trade push
Nov 12, 2021 (WiC 563)

The humble pine nut – a staple of pesto sauce and superfood salads – rarely plays a geopolitical role. But in the last fortnight these small, edible seeds have been at the forefront of an effort to showcase Beijing’s economic support for ...

Xi’s no go to Glasgow

How has China responded to “the last chance” to save planet Earth?
Nov 5, 2021 (WiC 562)

The successes of the Paris climate summit of 2015 could not have been achieved without months of groundwork from Chinese leader Xi Jinping and former US president Barack Obama to reach an agreement on a deal. “As the two largest economies in ...

Reliance on Chinese magnesium irks Europeans
Nov 5, 2021 (WiC 562)

Two of the symptoms for sufferers of magnesium deficiency are nausea and anxiety. Companies in Europe are experiencing something similar after a sudden collapse in Chinese exports of the metal. China accounted for 90% of world magnesium supply ...

Huawei inks massive deal in Saudi Arabia
Oct 29, 2021 (WiC 561)

“The Muslim husband is allowed up to four wives as long as he treats them all with fairness.” Such was the analogy from Saudi Arabia’s Prince Saud bin Faisal Al-Saud in explaining his country’s decision to deepen its relationship with ...

Growing at scale

Walmart just opened the world’s biggest Sam’s Club in Shanghai
Oct 22, 2021 (WiC 560)

Walmart sits at the heart of American shopping, especially for groceries. Yet when the retail giant opened the world’s largest membership-only warehouse club this year, it opted for China, not the US. Walmart has just opened its new ...

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