China News
The Daily Signal reports on China news with analysis and commentary on foreign policy, trade, technology, and security challenges.
-
opinion
Chinese Military Parade Sends Multiple Signals
In honor of the 70th anniversary of the end of World War II, the People’s Republic of China (PRC) staged a major military parade, featuring some 12,000 troops and major displays of new equipment. Prominent among these was the DF-21D, the so-called “carrier killer” anti-ship ballistic missile. The parading of the People’s Liberation Army (PLA)’s… -
opinion
The Connection Between China’s Stock Market Collapse and Its Past Spectacular Growth
In mid-June, China’s Shanghai Composite Index was up a dazzling 60 percent since the beginning of the year. It was the highest level in more than six years. Some took it as a sign that the recent weakness in China’s economy would be short-lived. Yet it is only a little more than two months later,… -
opinion
In Treaty Negotiations, Obama Administration Broke Own Red Line and Alienated China
CANCUN, Mexico – After China went Communist in the late 1940s, conservatives liked to ask “who lost China?” That same question occurred to me on Tuesday, when China made it clear that it’s not likely to sign or ratify the controversial Arms Trade Treaty any time soon. The answer to the question this time seems… -
opinion
How US Should Respond to China’s Stock Market Collapse
To give perspective, China is the world’s second largest economy, as well as the second largest importer. It is the largest trading nation for 75 countries and is by far the largest importer of commodities in the world. Over the past seven years, China has accounted for an incredible one-third of global growth. But its… -
news
Why China’s Economy Is Scaring the World, Explained in 90 Seconds
Stock markets in the United States plunged over the past week, and many are blaming a place far away from home: China. Investors around the world are worried about China’s struggling economy — and its own stock market crash. Why should Americans care about China’s economic struggles, and what does it mean for the rest… -
news
China’s Economic Woes Jolt Global Stock Markets
U.S. stock markets plummeted Monday, furthering a global market decline that has eliminated nearly $10 trillion from international shares as concerns grow over China’s economic health. The Dow Jones industrial average plunged more than 1,000 points soon after trading began, continuing losses from last week that marked the worst for U.S. stocks in four years…. -
opinion
Why The Chinese Stock Market Continues to Unravel
As the Chinese stock market unravels, liberal economists are eating their words on the supposed benefits of heavy government intervention in the financial sector. On Monday, the Shanghai stock index declined by 8.5 percent, the largest single-day drop in 8 years. Before this point, the government had already taken extraordinary steps to further preserve the… -
opinion
How Obama’s Poor Judgment Led to the Chinese Hack of OPM
The maxim that “personnel is policy” transcends partisan affiliations and political labels. Every president, including President Barack Obama, has the authority to staff federal agencies with loyal political appointees. Given the deep pool of experienced talent from which presidents can draw, philosophical alignment and management competence are not mutually exclusive. Presidents place America at risk… -
opinion
Why I’d Never Invest in the Chinese Stock Market (And It’s Not Just Because of the New Decline)
From the summer of 2009 through 2012, I was an American economist living in Beijing. Although an avid stock investor, I have never once owned a Chinese listed company. Let me tell you why. Traditionally, Chinese households have had (basically) two places to put their savings: the banking system and residential real estate. With housing… -
opinion
Chinese Say They’re Just Watching the Weather From Islands in South China Sea
Having antagonized much of the region with its island building in the South China Sea, as demonstrated by the loud chorus of concern heard at the Shangri-La Dialogue in Singapore several weeks ago, Beijing is now claiming that the islands are intended for weather observation. “The construction of infrastructure for observation and communication is the… -
opinion
Hong Kong Rejects Communist China’s Bogus Election Plan
The people of Hong Kong have once again given the world a lesson in democracy and liberty, this time by rejecting a bogus election plan hatched by communists in the People’s Republic of China. This is the gist of confusing events that took place Thursday in the former British colony. Lawmakers in the mini-legislature, the… -
opinion
How the Information Nabbed in the OPM Hacking Helps Chinese Spies
Former Director of Central Intelligence George Tenet famously said when asked about so-called open source (unclassified) intelligence, “we only pay for secrets.” He spoke with the confidence of a man born and raised in the world of the 20th century spy and the Cold War. With the massive leak of government employee information from the… -
opinion
China’s Plan to Challenge US as a Rising Global Power
What is China up to? It’s been building artificial islands in the South China Sea. Recently, two motorized artillery pieces were spotted on one of these artificial islands. Experts believe the Chinese may plan to use them as airstrips. On May 20 the Chinese navy challenged a U.S. surveillance aircraft flying near one of the… -
opinion
China Military Moves Into South China Sea Dispute, Solidifying China’s New Area Grab
CNN broadcast an exclusive report, as one of its reporters hitched a ride on a U.S. Navy P-8 patrol aircraft overflying the artificial islands the People’s Republic of China (PRC) is building in the South China Sea. The Chinese repeatedly tried to warn off the aircraft, in English language broadcasts that CNN included in its… -
opinion
From Antarctica to Djibouti, China’s Presence Is Expanding
Neither Djibouti, on the east coast of Africa at the entrance to the Red Sea, nor Antarctica are all that close to China. Yet, China is intent on establishing a presence in both areas. To support its growing Indian Ocean presence, which recently included deployments of submarines, including a nuclear-powered attack boat, China reportedly is… -
opinion
China, Not America, Rescues Its Own Citizens Stuck in Yemen
As the situation in Yemen continues to deteriorate, consider this striking contrast between the People’s Republic of China (PRC) and the United States. One country dispatched naval forces to evacuate its citizens from the collapsing Middle East state. In the process, they evacuated citizens from 10 other countries, including Great Britain, Japan and Germany. The other… -
opinion
Would China Have Launched the AIIB If Congress Had Approved IMF Reforms? Yes.
Does anyone really believe that China would have shelved its newly launched, $100 billion Asian Infrastructure Investment Bank (AIIB) if Congress had approved the International Monetary Fund (IMF) “Reform Package” negotiated by the Obama Administration in 2010? That’s what proponents of the IMF reforms would have you believe as they fired off a new round… -
opinion
China’s Economy—Hard or Soft Landing?
A panel at The Heritage Foundation on March 11 discussed whether China’s economy is heading toward a “hard” or “soft” landing. Heritage’s Walter Lohman chaired this panel of experts, which included Dr. James Dorn of the Cato Institute, Pieter Bottelier of the School of Advanced International Studies at Johns Hopkins Univeristy, and Heritage’s Dr. William… -
opinion
China’s Military: Not a Giant, but Not a Midget
In support of the U.S.–China Economic and Security Commission, the RAND Corporation provided a report on the limitations of the Chinese People’s Liberation Army (PLA). Immediately, a chorus of voices was citing the report to show that the Chinese threat was overblown. Time magazine’s Mark Thompson wished that more people would read the report, since… -
opinion
Mind the Gap! China Increasing Its Defense Spending, While U.S. Holds Defense Dollars Constant
Despite the much-vaunted “Asia pivot,” American defense spending and force allocations haven’t shifted that much to Asia. As China’s economy exhibits signs of slowing down, there have been questions about whether this would affect Chinese defense spending. China’s officials made clear that it would not when they announced this week that defense spending would again…