Sign in

The global status of fish stock overexploitation is dire. According to the United Nations Food and Agriculture Organization, 52% of global fish stocks are fully exploited, 17% are overexploited, and 7% are depleted. This presents a thoroughly unsustainable model of seafood demand and consumption.

Shifting global consumer tastes and environmental concerns are changing how we view the seafood supply chain. As a major consumer market, China drives a significant amount of demand for seafood. Species such as grouper, trout, and salmon that were once seen as luxurious are now considered affordable to China’s middle class consumers. …

After decades of notoriety for inferior “copycat” products, Chinese industry is now captivating the world with its breakneck pace of technological progress. However, there is one industry that is often overlooked in conversations on Chinese innovation: biopharmaceuticals.

China’s biopharmaceutical industry has been on the top of many watchlists coming out of the pandemic. In 2020, Chinese companies submitted 19 biotech-related assets to be reviewed by the US Food and Drug Administration (FDA). Furthermore, the average share price of Chinese biotechnology companies doubled in 2020, significantly outperforming those of American and European counterparts. …

Since the early 2010s, the mobile gaming market in China has exploded. Similar to the meteoric rise in mobile payment apps, the ubiquity of smartphones across the mainland has led to more netizens utilizing their personal devices for daily entertainment. In addition to their convenience and accessibility, many modern smartphones are now more powerful than the average video game console and bring much more utility to the table, further solidifying them as a competitive replacement to more traditional gaming machines.

China’s mobile gaming industry is one of the world’s most influential with a massive market of 682 million mobile gamers

Source: Adobe Stock

China’s infamous one-child policy had been a hallmark of CCP efforts to control population growth for decades. However, over the last half decade, there has been a general shift in attitude with the adoption of the two-child policy in 2016 and, now, the implementation of a three-child policy.

Policymakers have recognized that an imminently aging population may inhibit Beijing’s ambitious economic benchmarks for the remainder of the 21st century. Poignantly, as Chinese supply chains continue to move up the value chain and shift more workers into higher skilled positions, core labor-intensive industries like construction and manufacturing will face a high…

China digital yuan, digital currency electronic payment
China digital yuan, digital currency electronic payment
Source: Adobe Stock

Central Bank Digital Currencies (CBDCs) could well be one of the most far-reaching advances of the 21st century. Taken to the extreme, these forms of digital payment could potentially void the need for traditional banks altogether while the technology underlying tokenized forms of CBDCs opens up boundless possibility for novel forms of economic policy.

China is the furthest along in its CBDC development roadmap and has already rolled out pilot tests in several major cities. Going by the official moniker of “DCEP” (“Digital Currency/Electronic Payment”), the country is expected to have a mass rollout right in time for the 2022…

Hong Kong and People’s Republic of China National Flags
Hong Kong and People’s Republic of China National Flags
Source: Adobe Stock

April 15th, 2021 marked the first National Security Education Day in Hong Kong, which came nearly a year after the passage of the national security law (NSL) in June 2020. The city celebrated the day with China’s military goose step marching, anti-terrorism drills, and resolute speeches on maintaining stability and curbing foreign intervention from a roster of top officials from Mainland China and Hong Kong. Officials hailed the NSL for ending several months of anti-Beijing demonstrations in 2019 and, at the same time, used this to justify a drastic overhaul of the city’s electoral system and governance structure. …

Semiconductor chips, or integrated circuits (“IC”), are pivotal technology building blocks used in computers, smartphones, medical equipment, vehicles, and more. Given the importance of the technology, China views domestic IC production capabilities as critical to its economy and national security, not only spotlighting chips as one of the seven critical strategic domains in its recent Five-Year Plan but also aiming to produce 70% of its chips domestically by 2025. However, IC supply chains are global and complex, requiring highly technical expertise along each manufacturing step, which China lacks in many regards. …

Image via: Adobe Stock

Every year, the same question is asked, “When will robots make human employees obsolete?” Yet, the answer may be simpler than you think. The robots are not coming, they are already here. Unfortunately for many, technology and automation have already erased millions of jobs. Within the next three years, over 120 million workers worldwide could be displaced or heavily impacted due to outsourcing to technology. For China, it is estimated that 50 million workers could be displaced or impacted.

Despite apprehension over the inevitable robot takeover, Beijing continues to invest heavily in the robotics industry as part of its aim…

Despite the risks that the COVID-19 pandemic has introduced into China’s economy, the country has recovered quickly and been relatively successful in stimulating growth. However, policymakers in Beijing are now out of the fire and into the frying pan as they turn their attention to addressing the more systemic issues that could hinder China’s long-term recovery. One of these issues in particular, the unprecedented credit surge that started in the summer of 2020, has continued to gain steam.

Higher-than-normal quantities of medium- and long-term loans to non-financial companies and households has culminated in this credit surge, which has in turn…

Image via Adobe Stock

Perhaps most well-known for its love of tea, China’s tea culture has been meticulously cultivated for thousands of years. Millions of Chinese drink tea daily; yet, in recent decades, coffee has surged in popularity. China’s domestic coffee industry has enjoyed 15% year-over-year growth over the past thirty years to reach a valuation of over US$8 billion in 2019. Driving the charge are Starbucks and Luckin Coffee, with the most recent reports showing that, as of 2019, the former operated more than 4,700 shops in China, while in 2020, the latter had more than 6,500 locations.

Starbucks and Luckin are excellent…

The China Guys

Stay in the know with TCG’s fresh perspective on China’s economy, business environment, and political landscape.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store