Driving to the Future: Beijing’s Bet on Autonomous Vehicles
Over the last decade, Beijing has spent billions of dollars developing AI technologies to become a global leader in autonomous vehicles. If domestic tech giants can lower the marginal cost of AVs, offer a safe and secure form of autonomous transportation, and secure full-scale adoption within the world’s largest consumer market, China will revolutionize the automotive industry and earn trillions in revenues.
Upgrading the “World’s Factory” Through China’s Fourteenth Five-Year Plan
China’s leaders are meeting in October to finalize proposals for the country’s fourteenth Five-Year Plan (2021-2025). As tensions with the US intensify and economic growth slows, Beijing is under pressure to produce a five-year plan that delivers its “Made in China 2025” ambitions on time and is likely to turn to increased state intervention in strategic sectors of the economy as a central tenet of the upcoming five-year plan.
Chinese Manufacturers Adapt to the New Landscape of 2020
China built its economic engine on the back of its strong manufacturing capabilities. However, 2020 has presented unique challenges for its producers as the nation contends with global trade tensions amid the pandemic fallout. While China’s manufacturing industry still may have a bright future ahead, Beijing and manufacturers will need to navigate the pitfalls on their road to recovery.
Peeking Behind China’s “Debt Trap Diplomacy” in Kenya and Sri Lanka
As a global initiative unprecedented in scope, the “One Belt, One Road” initiative often gets a negative reputation. News pundits accuse Beijing of using OBOR as a means of forcing unsustainable levels of debt onto weaker partner countries to seize the precious loan collateral. In this piece, we examine OBOR projects in Kenya and Sri Lanka to determine whether Beijing is engaging in debt trap diplomacy.
The Beijing Bash: US Sanctions Drive Investment to Chinese Semiconductors
US sanctions designed to limit China’s access to cutting edge semiconductor technology have challenged Beijing’s ambition for technological hegemony. Even with significant state-backed investment over the past 30 years, China’s semiconductor industry still lacks the capabilities necessary to compete in the global marketplace. The current economic and political environment poses an ultimatum for the country: innovate or fall behind.
Redressing Western Brands’ Successes and Failures in China
Since Deng Xiaoping’s 1979 Reform and Opening Up Policy began, Western brands have faced headwinds entering the Chinese market. Some have succeeded, but there have been many more failures. We’ll take a longer, historically informed view to think about what separates the winners and losers of Western brands trying to make it in the Middle Kingdom.
China’s Energy Paradox: Green Energy-Driven Fossil Fuel Investment
China is leveraging its global leadership in green energy development to engage OBOR nations in overseas green growth initiatives. However, in the shadows of China’s green campaign exists a more calculated game to secure its own economic interests through the not-so-green methods of shrouded fossil fuel infrastructure investment and debt entrapment.
Chinese Demand Taps OBOR to Redraw Global Oil Map
Oil is critical to ensuring China’s growth over the next few decades, and securing it has become a top priority for the nation. By financing multiple OBOR development projects to circumvent key oil supply chains through the Strait of Hormuz and Strait of Malacca shipping lanes, China has chipped away at competing oversight in these regions, allowing it to secure access to resources while strengthening relationships with OBOR partner countries.
Encryption vs. Surveillance: How the NSL Is Changing Hong Kong’s Tech Landscape
The Hong Kong national security law created a series of provisions that restrict the flow of information and suppress the civil unrest within the region. In the short term, this new law has had a profound impact on the business landscape, creating a series of winners which seek to expand their market share in the local marketplace. In the long term, it will reform the technology landscape in Hong Kong for years to come.
Food Fight or Combo Meal? KFC and McDonald’s Scramble for China
Internationally, McDonald’s has long been dominant, but in China, KFC reigns king. KFC has twice as many outlets, with experts having long explained KFC’s dominance through better localization efforts. While this argument holds water, the competitive relationship between the world’s largest fast food chains has also bolstered their mutual success in one of largest and most complex markets in the world.
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