The big picture

Biden's muddled China policy

The latest plan sends a strong signal about the U.S. commitment to countering China's naval activities.

Sep 16, 2021 - World
Former Google CEO and others call for U.S.-China tech "bifurcation"

Decoupling has growing bipartisan and industry support.

Jan 26, 2021 - World
Hong Kong's worst case scenario is happening

There's been a slew of arrests under the national security law imposed by Beijing.

Dec 15, 2020 - World
Exclusive: Suspected Chinese spy targeted California politicians

Christine Fang built connections with up-and-coming California politicians including Eric Swalwell and Ro Khanna.

Updated Dec 8, 2020 - Politics & Policy
As Taiwan's profile rises, so does risk of conflict with China

Military conflict between the two could also embroil the U.S.

Oct 13, 2020 - World
China is censoring Hollywood's imagination

No major films are critical of China. That's not an accident.

Sep 1, 2020 - World

All China stories

Chinese regulators outlaw crypto in latest crackdown

A man walks past a mall in Beijing. Photo: Wang Zhao/AFP via Getty Images

Regulators in China are tightening their grip on industries at a dizzying pace — ratcheting up pressure that’s spared few sectors.

Driving the news: The country’s most powerful regulators banded together for the first time to outlaw all cryptocurrency activity on Friday, Reuters reports — intensifying its years-long war.

Huawei executive reaches deal with Justice Department

Meng Wanzhou exits her home in Vancouver, British Columbia, Canada, on Sept. 24, 2021. Photo: Jimmy Jeong/Bloomberg via Getty Images

Huawei Technologies executive Meng Wanzhou reached a deal with the Justice Department that resolves the criminal charges against her and could pave the way for her to return to China, AP reports.

Why it matters: The deal settles a yearslong dispute involving the U.S., China and Canada, where Meng, Huawei's chief financial officer, has remained since her arrest there in December 2018, per AP.

China deems all cryptocurrency transactions illegal

A person walking past China's central bank in Beijing in August 2007. Photo: Teh Eng Koon/AFP via Getty Images

China's central bank declared on Friday that all cryptocurrencies are illegal, banning crypto-related transactions and cryptocurrency mining, according to Reuters.

Why it matters: China's government is now following through with its goal of cracking down on unofficial virtual currencies, which it has said are a financial, social and national security risk and a contributor to global warming.

U.S. friends in Latin America are turning to China

Illustration: Shoshana Gordon/Axios

The U.S. is losing Latin America to China without putting up a fight, Ecuador’s ambassador to Washington told Axios, laying bare her frustrations with early inattention from the Biden administration.

Why it matters: Ecuador isn't alone. China has deepened its engagement in the region, and it's now the top trading partner for many of the region's largest economies. That gives Beijing considerable leverage in a region historically dominated by the U.S., and makes Latin America a major frontier in the global competition for influence.

Sep 22, 2021 - World

Scoop: U.S. government buying risky Chinese drones

Illustration: Aïda Amer/Axios

Federal law enforcement agencies are purchasing surveillance drones from a Chinese company the Pentagon has deemed a potential national security threat, Axios has learned.

Why it matters: Efforts to purge military and law enforcement agencies of potentially compromised Chinese technology have stalled amid bureaucratic red tape, and experts worry the federal government is needlessly exposing itself to snooping by malicious foreign actors.

Biden blindsides Europe with new AUKUS alliance on China

Photo illustration: Sarah Grillo/Axios. Photo: Melina Mara/The Washington Post via Getty Images

President Biden is constructing and deepening new alliances to strengthen the U.S. position in its showdown with China, but he risks alienating longstanding allies in the process.

Why it matters: Biden heralded a new agreement to help Australia acquire nuclear submarines as part of a trilateral security pact with the U.K. and the U.S. as an "historic step" to update U.S. alliances to face new challenges. The message from French foreign minister, Jean-Yves Le Drian, was quite different.

Sep 16, 2021 - World

Blinken, Austin call out China at event on Australia security pact

Blinken and Austin. Photo: Andrew Harnik/POOL/AFP via Getty Images

Secretary of State Antony Blinken and Defense Secretary Lloyd Austin condemned China's "aggressive" and "destabilizing" behavior at a press conference Thursday, as they inaugurated a major new trilateral security partnership with Australia and the U.K.

Why it matters: China was not explicitly mentioned in President Biden's announcement of the AUKUS alliance, through which the U.S. and the U.K. will help Australia acquire nuclear-powered submarines as part of a broader effort to ensure "peace and stability in the Indo-Pacific."

Sep 16, 2021 - World

Macau casino stocks reel as China flexes regulatory powers

Data: YCharts; Chart: Axios Visuals

Macau casino stocks imploded Wednesday on news that gaming companies on the island are now squarely in China's regulatory crosshairs.

Why it matters: Macau historically operated at arm's length from Beijing, developing a reputation as a Wild West not only for casino gambling but also for money laundering and loan-sharking.

Sep 15, 2021 - World

Australia to acquire nuclear submarines in historic security pact with U.S., U.K.

Photo: Brendan Smialowski/AFP via Getty Images

The U.S. and U.K. will help Australia acquire nuclear-powered submarines as part of a historic trilateral security partnership announced Wednesday afternoon by the leaders of the three countries.

Why it matters: The partnership, known as AUKUS, is a major strategic pact that will bind the U.S. and U.K. to Australia's security for generations — and a warning to China as the Biden administration continues to lay the groundwork for countering Beijing in the Indo-Pacific and beyond.

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