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The Wire China

@thewirechina.bsky.social

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The Wire China @thewirechina.bsky.social · 12h

China’s incentives in the Hong Kong stablecoin market are commercial, says Diana Choyleva, chief economist at Enodo Economics.

“It’s kind of like China free riding on the dollar... if there is market demand for such a thing, they’re going to make some money out of it.”

China’s Stablecoin Push - The Wire China

People's Bank of China Governor Pan Gongsheng has recently thrown his support behind stablecoins for cross-border payments as the country warms to their usage.

The Wire China @thewirechina.bsky.social · 12h

The British government needs to provide greater clarity over the rules around what information can be shared with China, argues Kerry Brown in this week's op-ed.

The Lessons From the UK’s China Spy Case Failure - The Wire China

The British government needs to provide greater clarity over the rules around what information can be shared with China.

The Wire China @thewirechina.bsky.social · 16h

Could a move by Hong Kong to issue licenses for digital currencies pegged to the territory’s currency signal a future shift in Beijing’s skepticism towards cryptocurrencies? Noah Berman reports.

China’s Stablecoin Push - The Wire China

People's Bank of China Governor Pan Gongsheng has recently thrown his support behind stablecoins for cross-border payments as the country warms to their usage.

The Wire China @thewirechina.bsky.social · 2d

“Selling hundreds of units or lowering the costs all sounds really good,” says Deep Robotics' Eric Wang, a Hangzhou-based firm that produces humanoids, robodogs & components.

“But what can a humanoid robot actually do? That is something we all have to think about & isn’t that easy.”

The Robot Reckoning - The Wire China

As Rachel Cheung reports in this week's big picture, China is betting on a future with humanoid robots. When will it arrive?

The Wire China @thewirechina.bsky.social · 2d

Humanoid robots are the hot new thing in China’s tech sector. In the first nine months of this year, Chinese robot startups raised $2.4 billion — about as much as they did over the previous 3 years. But is the exuberance rational or irrational? @rachelcheung.bsky.social reports.

The Robot Reckoning - The Wire China

As Rachel Cheung reports in this week's big picture, China is betting on a future with humanoid robots. When will it arrive?

The Wire China @thewirechina.bsky.social · 6d

"Because it is the world’s largest greenhouse gas emitter, China’s climate pledges send powerful signals to countries wavering between fossil fuels and renewable energy industries." buff.ly/zkGBvt6

The Wire China @thewirechina.bsky.social · 6d

As Zhenhua Zhang writes in this week’s opinion column, China remains addicted to coal. Last year it was responsible for more than 90 percent of total new coal generation capacity installed worldwide.

China’s Clean Energy Pledge is Clouded by Coal - The Wire China

As the U.S. withdraws from climate commitments, China can seize the moment to set the global standard for clean energy.

The Wire China @thewirechina.bsky.social · 6d

In an interview with Evan Peng, U.S.-based academic Hongbin Li discusses why China’s college entrance exam system retains popular support despite its hardships, and how the gaokao’s influence can spread overseas.

Hongbin Li on How the Gaokao Shapes China - The Wire China

The U.S.-based academic discusses why China’s college entrance exam system retains popular support despite its hardships, and how the gaokao’s influence can spread overseas.

The Wire China @thewirechina.bsky.social · 7d

"Even poor households still spend a lot of money on education, because it’s their only hope for the kids to be upwardly mobile. Testing well and getting into a good college is a way that China maintains social mobility, which is very important." — Hongbin Li

buff.ly/cpDHOun

The Wire China @thewirechina.bsky.social · 7d

“These technologies are still under development,” says Zhanfu Yu, an independent aviation and aerospace consultant. “All these hardware, software, policy and talents are not well positioned right now, so the passenger scenario may take a longer time.” buff.ly/AST9PHg

The Wire China @thewirechina.bsky.social · 7d

It is an easy daydream to slip into when stuck in traffic — imagining that your car could fly. That dream has seemed tantalisingly close in China. But as @rachelcheung.bsky.social reports, a recent accident shows that every driver’s rush-hour dream remains, at least for now, a dream.

China’s Flying Cars Hit a Snag - The Wire China

The mid-air collision of two Xpeng vehicles in China has put the emerging eVOTL technology under the spotlight.

The Wire China @thewirechina.bsky.social · 7d

“[Whenever] I think the government is going to pursue measures to increase our resilience, or unity, or our self-defense capability, we will [still] face a lot of challenges from the opposition party.” — Chen Fang-yu, Assistant Professor of Political Science at Soochow University

Taiwan’s Achilles’ Heel - The Wire China

Taiwan is almost entirely dependent on imported fossil fuels for its energy supply — a critical weakness in the event of a Chinese blockade.

The Wire China @thewirechina.bsky.social · 7d

“It was one of the hottest rockstars of 2024,” says Tony Peng, author of Recode China AI. He says the firm lost steam after DeepSeek made waves in Jan,but gained momentum thanks to K2’s cost effectiveness & potential for so-called ‘agentic use,’ where the model does tasks on its own.

Who Is Moonshot AI? - The Wire China

Moonshot AI — the Chinese tech company behind the popular chatbot Kimi — has some surprising links to 1970s rock music.

The Wire China @thewirechina.bsky.social · 8d

Moonshot AI’s name says a lot about the Beijing-based unicorn. The start-up wants to compete with giants such as Alibaba and DeepSeek and has impressed many with K2, its new large language model. Noah Berman reports.

Who Is Moonshot AI? - The Wire China

Moonshot AI — the Chinese tech company behind the popular chatbot Kimi — has some surprising links to 1970s rock music.

The Wire China @thewirechina.bsky.social · 8d

Taiwan is almost entirely dependent on imported fossil fuels for its power supply, but democratic forces on the island that China would be seeking to destroy through forced unification are also standing in the way of the obvious solution. Nate Taplin reports.

Taiwan’s Achilles’ Heel - The Wire China

Taiwan is almost entirely dependent on imported fossil fuels for its energy supply — a critical weakness in the event of a Chinese blockade.

The Wire China @thewirechina.bsky.social · 12d

As the U.S. withdraws from climate commitments, Zhenhua Zhang argues that China can seize the moment to set the global standard.

China’s Clean Energy Pledge is Clouded by Coal - The Wire China

As the U.S. withdraws from climate commitments, China can seize the moment to set the global standard for clean energy.

The Wire China @thewirechina.bsky.social · 13d

The Wire China is currently seeking applications for a staff writer.

Follow the link below to learn more about the position and how to apply.

Open Postions - The Wire China

The Wire China is Seeking Applications for a Staff Writer.

The Wire China @thewirechina.bsky.social · 15d

Jerome A. Cohen, a pioneer in Chinese legal studies in the U.S. and veteran academic, passed away on Monday. A leading voice on Chinese law, he spoke with Evan Peng last year about growing repression in China's legal system and reflected on where there is still room for optimism.

Jerome Cohen on China's Rule by Law - The Wire China

The veteran academic talks about growing repression in China's legal system and where there is still room for optimism.

The Wire China @thewirechina.bsky.social · 20d

There is AI and then there is AGI, or Artificial General Intelligence, at which point the technology rivals human cognitive abilities. In this week’s opinion piece, Seán Ó hÉigeartaigh and Kristy Loke argue that fears in the U.S. that China are winning the AGI race are overblown.

China isn’t racing to artificial general intelligence — but U.S. companies are - The Wire China

China’s AI strategy prioritizes long-term developmental goals, in contrast to Silicon Valley’s superintelligence pursuit.

The Wire China @thewirechina.bsky.social · 20d

In a Q&A with Robert Postings, medic and writer Dr. Ruby Wang discusses China's success in harnessing technology into healthcare and the pervasive issue of inequality across the system.

Ruby Wang on How Tech is Driving China’s Healthcare System - The Wire China

The medic and writer discusses China's success in harnessing technology into healthcare and the pervasive issue of inequality across the system.

The Wire China @thewirechina.bsky.social · 20d

In this week’s company-in-the-news big picture, Noah Berman looks at Cambricon, the local hero that could be China’s best hope of weaning itself off American chip design technology, the two brothers who co-founded it and its connections to the Chinese Academy of Sciences.

Cambricon: China's Nvidia? - The Wire China

Our latest one-page guide focuses on China's top chip designer, Cambricon.

The Wire China @thewirechina.bsky.social · 21d

Ending “de minimus” was supposed to be a crippling blow to Chinese retailers Temu and Shein. But as @eliotchen.bsky.social reports, both companies have figured out other ways to thrive.

Temu and Shein Beat the Trade War Odds - The Wire China

The end of a key import tax exemption appeared to spell doom for the Chinese online retail giants. Instead, they are thriving.

The Wire China @thewirechina.bsky.social · 21d

In this week’s issue, Noah Berman and Dean Minello profile the heads of China’s oldest industrial robotics firms and leaders of a new wave of startups developing humanoids and robodogs, as well as the academics and policymakers paving the way for the industry’s development.

China's Robotics Industry - The Wire China

In our latest Who’s Who edition of industry leaders, The Wire China profiles the industrialists, entrepreneurs and academics responsible for advancing China’s robotics sector.

The Wire China @thewirechina.bsky.social · 28d

“Strong controls on AI chips and chip manufacturing equipment, which are essential for our national security and AI leadership, should not be up for negotiation.” — Former National Security Advisor, Jake Sullivan

Walling Off China - The Wire China

Under President Donald Trump, a strategy built over two administrations to keep China behind in the AI race is adrift. Through interviews with more than two dozen former and current U.S. officials,…

The Wire China @thewirechina.bsky.social · 29d

In a Q&A with Brent Crane, writer and academic Dan Wang discusses why the core differences between the world's two largest economies, the brutality of China's former one-child policy and whether it's right call it a Marxist country.

Dan Wang on China’s ‘Engineering State’ versus America’s ‘Lawyerly Society’ - The Wire China

Dan Wang discusses why the core differences between the world's two largest economies, the brutality of China's former one-child policy and whether it's right call it a Marxist country