Type | Weekly online news magazine |
---|---|
Founder(s) | David Barboza |
Editor | Chloe Fox, Andrew Peaple |
Staff writers | Katrina Northrop, Eliot Chen, Grady McGregor, Aaron Mc Nicholas, David Barboza; Rachel Cheung |
Founded | 2020 |
Language | English |
Headquarters | Boston |
Country | United States |
Website | www |
The Wire China is a weekly online news magazine focused on Chinese business, economics and finance, founded by former The New York Times Shanghai correspondent David Barboza. [1]
The Wire China launched its first issue in April 2020. It publishes five to six articles per week including a 3,000-5,000 word cover story, a news and analysis piece, a data investigation called 'The Big Picture', Q&A, and an Opinion section. The magazine also publishes a regular books column and the occasional long essay. [2] In 2020 it published cover stories investigating the collapse of Luckin Coffee, [2] whistleblowers at GlaxoSmithKline China's operations, [3] and Chinese aerospace company Aviation Industry Corporation of China's acquisition of American companies during the GFC. [4]
Content is behind a paywall, with monthly and annual subscriptions available. [1]
According to its website, The Wire China's news coverage focuses on:
China largely from beyond its borders, so we are focused on looking at the country from a global perspective. How do China based businesses invest and operate outside of the country? How do multinationals operate inside China? Who are China's leading entrepreneurs and startups, and how have they succeeded or failed? How do cross border deals work? How do Americans, Europeans and others invest in China, and how do Chinese businesses invest overseas? When it comes to business, what happens at the intersection of China and the rest of the world? And is there a way to put today's dynamics in perspective with a historical piece, looking back at the origins of a conflict, or development? [1]
In 2020, when the Chinese government moved to take over billionaire Xiao Jianhua's assets, The Wire China first reported that Xiao Jianhua's Tomorrow Group put out a statement that was later censored. [5] In the statement, the Tomorrow Group questioned the takeover decisions of the China Securities Regulatory Commission and the China Banking and Insurance Regulatory Commission, as well as the Chinese government's risk assessment. [6]
In September 2020, The Wire China interviewed Steve Bannon on his relationship with Chinese fugitive Miles Kwok. [7] [8] [9]
Orville Schell, the Arthur Ross Director of the Center on U.S.-China Relations at the Asia Society in New York wrote a long essay for the website titled "The Death of Engagement" which was praised by The New York Times opinion columnist Thomas Friedman. [10] [11]
Its coverage on the practice of Chinese billionaires using trusts to hide their money in South Dakota was cited in a Hudson Institute report on kleptocracy and foreign corruption. [12]
The publication has published several pieces on semiconductors in the U.S.-China relationship. Willy Shih, a Professor of Management Practice at Harvard Business School, gave an interview to the publication about the United States falling behind in semiconductor technology. [13] Similarly, it ran a piece on how Chinese regulatory approval complicated U.S. chip firm Nvidia's pending acquisition of Israeli chip firm Mellanox Technologies. [14]
On May 30, 2021, The Wire China published a detailed whistleblower report on securities fraud about CLSA and CEFC China Energy called "Broken Bonds". [15]
In April, 2023, The Wire China announced a new collaboration with Asia Society to launch the China Books Review, a major outlet of commentary on China-related publications. [16]
WireScreen is The Wire China's sister business that focuses on providing data and information on Chinese companies and individuals. It often appears in The Wire China, especially in the data section, 'The Big Picture'. It incorporates research from The Wire China journalists as well as other data sources. In an interview with Harvard's Nieman Lab, Barboza explained his rationale for launching WireScreen:
Traditionally, journalists are on one side and they do their research, and then they throw it away and don't give it to anyone else. I think how wasteful is it that most journalists throw away or never use or don't pass on any of their notes or records. Everyone that comes behind them does their research all over again. [2]
The database has over a million companies, and data engineers continue to collect and add information. Its target customers include other journalists, policy makers, scholars, and the business community. [17]
Hu Shuli is the founder and publisher of Caixin Media. She is also the professor of the School of Journalism and Communication at Sun Yat-sen University and the adjunct professor of the School of Journalism and Communication at Renmin University of China.
John Douglas Arnold is an American philanthropist, former Enron executive, and founder of Arnold Ventures LLC, formerly the Laura and John Arnold Foundation. In 2007, Arnold became the youngest billionaire in the U.S. His firm, Centaurus Advisors, LLC, was a Houston-based hedge fund specializing in trading energy products that closed in 2012. He now focuses on philanthropy through Arnold Ventures LLC. Arnold is a board member of Breakthrough Energy Ventures.
Raymond Thomas Dalio is an American billionaire investor and hedge fund manager, who has served as co-chief investment officer of the world's largest hedge fund, Bridgewater Associates, since 1985. He founded Bridgewater in 1975 in New York.
Corruption in China post-1949 refers to the abuse of political power for private ends typically by members of the Chinese Communist Party (CCP), who hold the majority of power in the country. Corruption is a very significant problem in China, impacting all aspects of administration, law enforcement, healthcare and education. Since the Chinese economic reforms began, corruption has been attributed to "organizational involution" caused by the market liberalization reforms initiated by Deng Xiaoping. Like other socialist economies that have undertaken economic reforms, such as post-Soviet Eastern Europe and Central Asia, reform-era China has experienced increasing levels of corruption.
Amy Lynn Webb is an American futurist, author and founder and CEO of the Future Today Institute. She is an adjunct assistant professor at New York University's Stern School of Business, a nonresident senior fellow at Atlantic Council, and was a 2014–15 Visiting Nieman Fellow at Harvard University.
Feicheng is a county-level city under the administration of Tai'an City in the west of Shandong Province, China. As of 2017, the population was 992,000. Part of the Great Wall of Qi starts here and is listed on the People's Republic of China's list of cultural artifacts.
Ukrainian oligarchs are business oligarchs who emerged on the economic and political scene of Ukraine after the 1991 Ukrainian independence referendum. This period saw Ukraine transitioning to a market economy, with the rapid privatization of state-owned assets. Those developments mirrored those of the neighboring post-Soviet states after the dissolution of the Soviet Union. Pro-Western sources have criticised Ukraine’s lack of political reform or action against corruption, and the influence of Ukrainian oligarchs on domestic and regional politics, particularly their links to Russia.
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The Intercept is an online American nonprofit news organization that publishes articles and podcasts.
Guo Wengui, also known under the Cantonese name Ho Wan Kwok (郭浩云), Miles Guo, and Miles Kwok, is an exiled Chinese billionaire businessman who became a political activist and controls Beijing Zenith Holdings, and other assets. At the peak of his career, he was the 73rd richest person in China. Guo was accused of corruption and other misdeeds by the Chinese authorities and moved to the United States in late 2014, after learning he was going to be arrested under allegations of bribery, kidnapping, money laundering, fraud and rape. Guo says the charges are politically motivated and are a product of a campaign of political retribution carried out against him by the Chinese Communist Party government. Guo is a colleague of Steve Bannon and a member of former U.S. President Donald Trump's Mar-a-Lago resort in Florida.
David Barboza is an American journalist.
Revolut is a global neobank and financial technology company that offers banking services. Headquartered in London, it was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko. It offers accounts featuring currency exchange, debit cards, virtual cards, Apple Pay, interest-bearing "vaults", stock trading, crypto, commodities, and other services.
Xiao Jianhua is a Chinese-Canadian businessman and billionaire known for managing assets for descendants of prominent Chinese leaders. He was taken from Hong Kong to the mainland in 2017. His reported trial was denied to Canadian diplomats by China.
Christopher Wylie is a Canadian data consultant. He is noted as the whistleblower who released a cache of documents to The Guardian he obtained while he worked at Cambridge Analytica. This prompted the Facebook–Cambridge Analytica data scandal, which triggered multiple government investigations and raised wider concerns about privacy, the unchecked power of Big Tech, and Western democracy's vulnerability to disinformation. Wylie was included in Time magazine's 100 Most Influential People of 2018. He appeared in the 2019 documentary The Great Hack. He is the head of insight and emerging technologies at H&M.
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