Zhou Xin

Zhou Xin

Political Economy Editor

Xin is a contributor to Inkstone. He is a deputy China editor for the South China Morning Post.

Location
Hong Kong
Language spoken
English, Mandarin
Areas of Expertise
China's economy
Economic break-up with US ‘unrealistic,’ China’s top trade negotiator says
China and the United States reached an agreement that would help fend off talk of a decoupling between the world’s two largest economies, a top Chinese official said. The countries signed an initial trade deal on Wednesday to put the brakes on their 18-month war of tariffs that roiled global markets and shook up supply chains. Chinese Vice-Premier Liu He, speaking to reporters after a signing ceremony with US President Donald Trump, said the deal indicated that the two countries are deeply interconnected. “I think it is very unrealistic. A few people without economic backgrounds are talking about decoupling between China and the US, but in reality it is impossible,” Liu was quoted as saying
Economic break-up with US ‘unrealistic,’ China’s top trade negotiator says
‘To hell with decoupling!’ says China's former commerce minister
China’s former commerce minister has issued a strong rebuff against “unthinkable” suggestions that the world’s two largest economies could disengage from each other due to the ongoing tensions caused by the trade war, with Chen Deming saying: “To hell with decoupling!” The US and China have found themselves linked for the past 40 years, but with the 18-month trade war having led to the straining of the relationship, suggestions have been made that a broader economic and technological decoupling could happen. “Is globalization falling into ‘hemispherization’ or is the whole process halted? Whoever insists on decoupling …. will fall behind and even be phased out in the advancement of science a
‘To hell with decoupling!’ says China's former commerce minister
What wasn’t said during China’s 70th anniversary parade
Mention of China's controversial family planning policy was curiously absent from National Day celebrations in Beijing on Tuesday, sending a clear signal, according to analysts, that the country’s decades-long policy of birth restrictions could be scrapped altogether. China scrapped its one-child policy in 2016 to allow couples to have two children as its birth rate slows and its population ages. This move has so far proved unsuccessful in boosting births. Analysts said the lack of slogans or delegates related to the policy was a signal China could be about to lift restrictions entirely in a bid to encourage births. “Family planning was an achievement for the People’s Republic at its 60th an
What wasn’t said during China’s 70th anniversary parade
China’s new trade weapon puts foreign companies in a bind
China’s plan to create an “entity list” of foreign companies and individuals that are deemed to be hurting Chinese interests could put many multinationals into a Catch-22 situation amid the intensifying rivalry with the United States. In a hastily arranged press conference on Friday, Chinese Ministry of Commerce spokesman Gao Feng said that China will start to implement a list for “unreliable” foreign companies and individuals, who would be punished if they were found to be blocking or cutting back supplies to Chinese companies for non-commercial purposes. The ministry did not immediately specify the possible consequences, nor did it directly link the move to the treatment of Huawei or China
China’s new trade weapon puts foreign companies in a bind
Is China threatening to use its ‘trump card’ on the US?
Chinese President Xi Jinping has visited a rare earth plant in what analysts describe as the latest show of strength, after Beijing switched to a tougher rhetoric amid the escalating trade war. China accounts for more than 90% of the global production of rare earths, a group of 17 chemical elements that are key components of high-tech and defense equipment, from laptops to electric vehicles to weapon systems. With the US relying heavily on imports from China, rare earths are among the few Chinese products the Trump administration has no plan yet to put tariffs on. On Monday, Xi visited JL Mag Rare-Earth, a major rare earths processing company in the eastern city of Ganzhou, sparking speculat
Is China threatening to use its ‘trump card’ on the US?
The trade war could end in June
Chinese President Xi Jinping could meet his American counterpart Donald Trump in Washington as early as June if the two sides can finalize a deal to end the trade war, according to a source familiar with the arrangements. The news comes after Trump said on Thursday that Xi would visit the White House “soon.” The source told the South China Morning Post that Xi was open to the idea of traveling to the US immediately after the two sides reached a deal so that he and Trump could sign the pact face to face. “June is an option but it could be later,” said the source, who declined to be named because of the sensitivity of the issue. The trip may be “either be a grand state visit or a relatively lo
The trade war could end in June
China hopes this new law will keep foreign businesses happy
China approved its new foreign investment law on Friday, as Beijing sends friendly signals to global businesses amid the ongoing US-China trade war. The final draft of foreign investment law, approved by the rubber-stamp parliamentary body the National People’s Congress, will come into effect on January 1, 2020. Beijing has rushed to introduce the law in an effort to fend off complaints from the US and Europe about China’s discrimination against foreign businesses. The new law was first introduced as a draft in 2015, but its progress picked up markedly since the middle of last year, when Donald Trump started a trade war to address what he called unfair trade practices by Beijing. The law at
China hopes this new law will keep foreign businesses happy
Inkstone index: China’s growing baby crisis
15 million: the number of births in China in 2018. The number of children born in 2018 appears to have dropped to its lowest level since 2000. The number of newborns last year is expected to have dropped below 15 million, or more than two million less than in 2017, the state-run tabloid Global Times reported. If confirmed, that represents a significant shortfall from the family planning authority’s previous estimates of up to 20 million births. The final official count will be released later in January. Data released so far by local authorities has pointed to a considerable drop. The falling fertility rate points to a growing challenge faced by China to tackle its aging problem, following fo
Inkstone index: China’s growing baby crisis
The gangbusting US prosecutor going after a Chinese tech executive
After being behind bars for more than a week and placed under international scrutiny following her arrest in Canada earlier this month, Sabrina Meng has finally been granted a breather. Accused of fraud tied to American sanctions on Iran, the 46-year-old chief financial officer of Chinese telecoms giant Huawei was released on bail on Tuesday night. But while she has since found home comforts in her six-bedroom house in a leafy Vancouver neighborhood, Meng faces possible extradition to the United States and a jail sentence of more than 30 years if convicted. The accusations against Meng have filled her supporters with indignation and mushroomed into a diplomatic crisis between Canada and Chi
The gangbusting US prosecutor going after a Chinese tech executive
Chinese exec’s arrest throws a wrench into US-China trade talks
On the same night that President Donald Trump and President Xi Jinping of China met over dinner in Argentina to discuss ending their trade war, authorities on the other side of the American continents sprang into action. At the request of the United States, the Canadian authorities arrested a top Chinese tech executive in transit through Vancouver: Meng Wanzhou, the chief financial officer of Chinese tech giant Huawei – and daughter of its founder. The arrest, analysts said, now threatens to complicate talks to resolve the conflicts between the world’s two leading economic superpowers that risk engulfing the global economy. Over cabernet malbec and steaks that night on December 1, Trump and
Chinese exec’s arrest throws a wrench into US-China trade talks