China
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China’s Economic Woes
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Members of Congress are growing increasingly concerned about economic competition with China. In 2022, President Biden signed the CHIPS and Science Act into law to decrease US reliance on Chinese-made semiconductors. The following year, the president signed another law, the Protecting American Intellectual Property Act, to sanction foreign companies for…
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A Greener Belt and Road Initiative? China’s Commitment to Sustainability
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In March 2022, China released a set of opinions to push green infrastructure development in its Belt and Road Initiative (BRI), a trillion-dollar strategy to fund infrastructure projects across 100 countries. Under its “Opinions on Jointly Promoting Green Development of the Belt and Road,” China pledged to develop green capabilities…
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How China’s Zero-Covid Policy Evolved and Failed
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In December 2022, China abandoned its draconian Zero-COVID policy (also called Dynamic Zero-COVID Policy), a move that was one of the most dramatic shifts in its coronavirus prevention measures. As the world belatedly welcomes China back, it is important to look back at the series of policy changes from the…
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Investor Opportunities and Corporate Risks: China’s Emerging ESG Framework
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When examining official Chinese state policy regulations, one would not expect to see text in English, yet the Latin letters “E,” “S,” and “G,” stand out in pages full of Mandarin text in the “Plan to Improve the Quality of State-Owned Listed Companies.” The plan is representative of the larger…
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Nicaragua Chooses China: Latin America’s Stroll Down the Silk Road
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The most recent Nicaraguan election drew concerns from international observers due to a range of legitimacy concerns. Incumbent president Manuel Ortega and his wife, Vice President Rosario Murillo, jailed or exiled several opposition candidates, paving the way for reelection to a fourth term. Following the worrisome election, Nicaragua became the…
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China’s Coal Relapse – Is It Here to Stay?
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Ran Cheng is an MPP candidate at the Harris School of Public Policy. China is indulging in coal again. It built 38.4GW of new coal-fired power installations in 2020, three times as much as the rest of the world. The expansion continued in 2021 and early 2022. Given China’s proposed…
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China Launches its Long-Awaited National Emissions Trading Scheme
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China just launched a long-awaited national emissions trading scheme (ETS). As the largest current emitter accounting for more than a quarter of world’s total carbon emissions, this move can potentially have major repercussions. The official commitment to the scheme was initiated in 2015 as part of China’s plan to peak…
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China is Working on Green Recovery Through New Infrastructure Policies
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China’s Central Economic Working Conference raised the New Infrastructure concept in 2018, including 5G, artificial intelligence (AI), industrial internet and Internet of Things (IoT). In April 2020, to cope with the negative socio-economic impact brought about by the pandemic, the National Development and Reform Commission released a revised categorization of…
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What Can We Know from China’s First Legal Order of 2021?
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China’s role on the international arena has been rising prominently. Even with a pandemic engulfing the entire globe since early 2020, the country is still attempting to accelerate its global impact. On January 9, 2021, China’s Ministry of Commerce announced that the new Rules on Counteracting Unjustified Extra-Territorial Application of…
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Impact of New Efficiency Standards on Air Conditioning in China
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The rapid increase in global demand for air conditioners has deleterious effects on the fight to stop global warming. In 2017, worldwide ownership of ACs soared by more than 30%, most of which occurred in developing countries. The demand for ACs is likely to continue increasing in the future due…
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What the U.S. Can Learn from the Success of China’s Special Economic Zones
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Developed countries are struggling to tackle growing geographic inequality, a phenomenon fueling populism and discontent at the polls in Europe and the United States. In the face of economic change, large, globally connected cities have thrived, while many former industrial hubs have shrunk. Governments are now looking for ways to…