In Southeast Asia, the deafening sound of road construction work reflects the fierce competition among China, Japan and South Korea for lucrative infrastructure projects. But in stores and shopping malls, the sound of Alipay transactions indicates China’s even-greater ambition to establish its home-grown mobile financial services abroad.
Young educated people from China flock to Hong Kong to study, work, start a family and possibly launch a career or make a fortune in this freewheeling capitalist society. The fittest of these new immigrants, those who survive and stay, have become “new Hongkongers”.
Before sentenced for "inciting subversion of state power" by the Chinese government, Nobel Peace Prize laureate Liu Xiaobo, wrote down the piece "I Have No Enemies: My Final Statement" as a final defense for his action."I look forward to [the day] when my country is a land with freedom of expression," he wrote. He also expressed his anticipation, "I hope that I will be the last victim of China's endless literary inquisitions and that from now on no one will be incriminated because of speech."
Twenty years after its handover to China from British rule, Hong Kong’s sense of identity remains in flux. Jasper Tsang and Martin Lee, two seasoned politicians from opposing camps, discuss what’s next for the territory.
Twenty years after Britain’s handover of Hong Kong to China, Hong Kongers are anxious over Beijing’s plans to completely integrate it with the Pearl River Delta. How will Xi Jinping deal with this challenge to his “China Dream”?
After the former British colony of Hong Kong was returned to Chinese rule in 1997, it became China’s accounting house. How has China taken advantage of Hong Kong in the twenty years since the historic handover, and what does the future hold?
In the Pearl River Delta, the city of Dongguan is known as the “capital” of Taiwanese-invested businesses. A decade ago, Dongguan experienced an exodus of Taiwanese companies that were no longer competitive due to rising labor costs. But those who are still active in Dongguan today are well established in their niches and there to stay.
The Pearl River Delta is merging 11 big cities to create an economic juggernaut that promises to turn the region’s copycat past into a Silicon Valley future. CommonWealth looked into how this colossus is taking shape and what it portends.
From buying Hollywood talent and acquiring movie theater chains around the world to protecting its home market, China is intent on becoming a powerhouse in the global film and video industry and setting the agenda on video content.
Even with open curricula and Internet-based direct broadcasts available in China, a paid subscription knowledge platform has attracted 1.5 million users and garnered NT$1.3 billion in annual revenue. How has it done it?
Live streaming has not provided the payout many anticipated, but a new model has emerged in China that could fill in the gap – paid subscription knowledge sharing platforms. How have they been able to rise to prominence?
China’s startup scene is no longer just about the Internet but also about a trend toward premium products. As China’s growing middle class cares less about a product's price-performance ratio, a new group of service providers has emerged to tap the premium product market.
As it tries to reinvent itself, China is facing several daunting threats that could provoke social turmoil. CommonWealth Magazine went to China to identify those perils and see what Beijing is doing to cope with them.
Taiwanese writer Lu Ping, who served for seven years as director of the Kwang Hwa Information and Culture Center, Taiwan's cultural window in Hong Kong, comments on the former British colony’s first female chief executive.
CommonWealth Magazine reporters went out on the Taiwan Strait to tell the story of the mullet trade. What they saw was the encroachment of Chinese fishing boats in Taiwanese waters and the environmental catastrophe those vessels are creating.
A series of reforms by China’s stock exchanges have tempted Taiwanese businesses in China to list IPOs there rather than back in Taiwan, leading many to worry that Taiwan’s stock markets may become marginalized.
President Tsai Ing-wen’s administration is having a hard time satisfying socie-ty’s expectations. The voices of middle-aged people, residents of remote areas, and those demanding educational reforms must be heard.
The subtle shift in public opinion with 39 years of age as a point of demarcation reflects the reality of divides and frictions developing between the generations on issues large and small. How should Taiwan proceed in the face of this generational divide?
Taiwan’s role in the power struggle between China and the United States means that it must be prepared for difficult times ahead.
Not only is Taiwan unlikely to benefit from trade, the cross-strait stalemate is sure to continue.
While Taiwan’s CEOs are cautiously optimistic about global economic prospects, they are pessimistic about relations with China, and the percentage with "nil intention” to invest is at a four-year high.
Chinese investment is everywhere, but Taiwan's fabless semiconductor sector remains off limits. Some domestic IC design firms would like to see the policy change, but questions abound over whether it could be done without compromising national interests.
Wealthy Chinese investors have been searching the globe for promising ventures involving established brands and advanced technologies in Europe and the United States.Yet while both regions welcome "red capital" to boost their economies, they see different risks attached.
For the first time in Taiwan’s history, the country’s legislature will not be controlled by KMT-led “pan-blue” forces. People will be watching to see if the change in power will unleash reforms and lead to an era of greater efficiency and less partisanship.
Nimble campaign tactics, ambiguous cross-strait discourse, and a strong Taiwanese consciousness are the hallmarks of Tsai Ing-wen’s campaign. The daughter of a successful businessman, she has overseen her party’s rebirth and seeks to renew Taiwan’s socio-political and economic structure.
China’s electronics industry, backed by its government’s deep pockets, is feasting on global companies to build a high-tech supply chain that is overwhelming rivals. Taiwan’s businesses face a bleak future if they don’t face up to the looming menace.
Following a lackluster business year, Taiwan's CEOs are not only pessimistic about the economy and the investment climate next year, but also issued a vote of no confidence in the leadership potential of Taiwan’s three presidential candidates.
Remember the Hogwarts School featured in the Harry Potter fantasy novel and movie series? Beijing University Affiliated Senior High School is the only high school in China to follow an institute and house structure, giving students full autonomy to arrange their own classes and schedules.