Latest news with #TheWireChina
Associated Press
17-03-2025
- Business
- Associated Press
The Wire China Publishes Broken Engagement, an E-Book Featuring Exclusive Interviews with Top U.S. Policymakers on China
NEW YORK, March 17, 2025 /PRNewswire/ -- The Wire China today announced the publication of Broken Engagement: Interviews with those who have made — and remade — the U.S.'s policy towards China, a new e-book featuring a collection of in-depth Q&A interviews conducted by Bob Davis, a distinguished former journalist at The Wall Street Journal. Between 2022 and 2024, Davis interviewed some of America's most influential policymakers, diplomats, and experts to examine how the U.S.-China relationship has evolved over the past six presidential administrations. Through candid conversations with figures such as Robert Lighthizer, Kurt Campbell, Charlene Barshefsky, Matt Pottinger, Nancy Pelosi, Robert Rubin, Ash Carter and Robert Gates, Broken Engagement explores the key decisions that shaped U.S. policy on trade, security, human rights, and diplomacy—and how perspectives on engagement with China have shifted over time. Davis, who covered China and international trade for The Wall Street Journal for decades, brings deep historical context to these discussions. Having reported on the Asian financial crisis, China's WTO accession, and the U.S.-China trade war, he revisits these events through the eyes of the officials who lived through them—providing invaluable insight into the successes, missteps, and ongoing challenges of U.S. policy toward China. 'Broken Engagement is a genuine marvel — sober, sharp, a joy to read, and rich with revelations on how the United States has wrestled with China for forty years,' says Evan Osnos, author of Age of Ambition and a National Book Award winner. 'With a reporter's eye, and a deep grounding in economics, Bob Davis poses the essential questions: do we isolate or engage, push for change or settle for stability, root for China's success or hedge against it?' 'The result is an indispensable guide to the real-world choices that have shaped the world's most important relationship — and the ones still ahead.' The interviews in Broken Engagement: Interviews with those who have made — and remade — the U.S.'s policy towards China, were edited by Andrew Peaple, a former Wall Street Journal reporter and now news editor at The Wire China, ensuring a sharp and engaging narrative that provides readers with a comprehensive view of the shifting dynamics between the U.S. and China. Published by The Wire China, a division of the New York-based firm, The Wire Digital Inc., 'Broken Engagement' is available for digital download starting March 14, 2025. About The Wire Digital Inc. The New York-based startup was co-founded by David Barboza, a Pulitzer Prize winning reporter who was based in China for The New York Times, and Lynn Zhang, an expert in corporate records. The Wire Digital publishes the online magazine, The Wire China, and owns WireScreen, the leading China-focused business intelligence platform.
Yahoo
03-03-2025
- Business
- Yahoo
The high stakes of China's ‘Two Sessions' summits this week
Analysts and investors are closely watching China's 'Two Sessions' summit — an annual gathering of Beijing's rubber-stamp parliament and a key political advisory group — to glean clues as to how the country plans to navigate increasingly turbulent geopolitical and economic waters. Beijing is expected to reveal its economic growth targets, its monetary and fiscal priorities, and, perhaps most crucially, its broader policy course. This year's Two Sessions, beginning Tuesday, comes amid persistent economic malaise in China — although investor sentiment has risen in recent weeks — and as the country faces an escalating trade war with the US. The official statements that arise from Two Sessions gatherings are generally marked full of hyperbolic language to describe the country's future plans — think 'momentous' and 'extraordinary' — but this year presents 'a moment for China to match its words with actions,' longtime China-watcher Wang Xiangwei told the South China Morning Post. The week will test how serious Beijing is about boosting domestic consumption, a critical piece of its larger economic plan. China's leadership has acknowledged the challenge, but has yet to fully prioritize it, Wang said: The country needs 'more concrete actions,' such as loosening constraints on private firms and expanding social security benefits to low-income groups 'to make consumers and entrepreneurs feel confident enough to spend again.' China's 31 provinces have already held their own 'mini-Two Sessions meetings' that together provide hints of what to expect from Beijing, The Wire China wrote. The local gatherings 'paint a picture of tacit acknowledgment of challenges and uncertainties,' and 'an economy undergoing a decisive push for industrial transformation.' Central to the latter is artificial intelligence: More than two thirds of provinces outlined plans to integrate AI into other industries, 'an indication that Beijing views AI as a pillar of long-term national competitiveness.' The moves reflect the global success of Chinese AI startup DeepSeek's new low-cost model, which lifted investor sentiment around China. In the face of existent US tariffs and President Donald Trump's pledge to hike them further, Beijing has held off from making the kind of swift overtures to Trump that Mexico and Canada have: Chinese officials are 'moving much more cautiously and deliberately as they try to assess Mr. Trump and determine what it is he actually wants,' The New York Times reported. One expert said China is especially suspicious of 'hidden traps' in early talks. That caution could ultimately threaten the initial economic momentum that marked the first months of 2025: Chinese manufacturing activity in February grew at its fastest pace in months, a potential sign that stimulus measures launched late last year are working.
