What’s behind China’s latest crackdown on crypto? For some time, Beijing has banned bitcoin and other cryptocurrency exchanges from operating within its borders. Last week, the Chinese Communist party extended the ban to criminalise anyone dealing in crypto. ‘Virtual currency-related business activities are illegal,’ declared the People’s Bank of China. The CCP would ‘resolutely clamp
For years it seemed as though China’s massively inflated property bubble would just keep on expanding, seemingly defying the laws of economics, as well as regular warnings of the dire consequences for the economy should it burst. Now that moment may have been reached, as the country’s biggest developer teeters on the brink of bankruptcy. Evergrande is the biggest debtor in China – and
Zhou Xiaoxuan was in tears when she emerged from the Beijing court around midnight on Tuesday. ‘I’m really sorry there wasn’t a better result,’ she said in a video clip shared by supporters after the court threw out a sexual harassment case against one of the country’s most famous television hosts. Zhou claimed she had
The revelations this week of the alarming influence of Huawei within the Cambridge Centre for Chinese Management provide the latest evidence of the tightening grip of China on Britain’s leading university. The Times reports that three out of four directors of the centre — part of the university’s Judge Business School — have ties to
Few cities in China represent the country’s addiction to coal more than Tianjin, where Alok Sharma travelled this week to talk about cooperation on climate issues. It sits on the coast of one of China’s most polluted regions, and its port is a key hub for trading 100 million tons a year of the stuff
From this month, in an extension of a personality cult not seen since Mao Zedong, ‘Xi Jinping Thought’ is being incorporated into China’s national curriculum. School textbooks are emblazoned with Xi’s smiling face, together with heartwarming slogans telling readers as young as six that their leader is watching over them. ‘Grandpa Xi Jinping is very
16 min listen
On this episode, Aussie journalist Sascha O’Sullivan begs to be let home (00:50); Ian Williams wonders whether China is experiencing its own MeToo moment (04:25); and Toby Young on his trip up north with his two boys (11:35).
The employee alleged that she was forced to drink heavily at a banquet during a business trip and was then sexually assaulted by her boss. She informed her managers, but they failed to act and told her to keep quiet. So she staged a protest in the company canteen and shared details of her ordeal
China greeted America’s chaotic retreat from Afghanistan and the Taliban seizure of power with a mixture of glee and trepidation. Its well-oiled propaganda machine has revelled in the fall of Kabul, but Beijing is fretting over the threat of instability on its doorstep – and there is a very real possibility that China will become
The most shocking thing about the news that the government is looking to remove China from Britain’s nuclear power programme is that it has taken so long. But it will not be a straight-forward process. It will likely provoke tantrums from Beijing, as well as grumbles from a nuclear lobby that will have to find
There is, it seems, no regime too odious to be a partner of China. Being repressive and corrupt have long been useful assets for gaining the friendship of Beijing, but its recent embrace of the ‘Butcher of Damascus’, Bashar al-Assad, carries reputational and other risks for China – even when it doesn’t have much of a reputation to lose.
41 min listen
What level of control does China have at Cambridge University? (00:48) Also on the podcast: Will the Church of England’s new plans for modernisation leave us with an institution we even recognise? (10:26) And finally let’s talk about Streaking, indecent exposure or proud British pastime of joy and humour? (27:26) With Ian Williams author of
One of the first places Professor Stephen Toope visited as Vice-Chancellor of Cambridge University was the Chinese embassy in London. He posed for photographs with ambassador Liu Xiaoming and the two men discussed furthering the ‘golden era’ of China-UK relations. Shortly after that 2017 meeting, Toope told Xinhua, China’s state news agency: ‘There will be
It is widely acknowledged that Britain has some of the world’s finest cyber capabilities. GCHQ is a global leader in those dark arts, and its offshoot, the National Cyber Security Centre (NCSC), is making that expertise available to businesses and others in need of help with their digital defences. All the more shocking, then, that
Days after a nuclear power plant began spewing deadly radiation, the ruling Communist party pushed ahead with a huge and self-indulgent celebration of the sort that had become a hallmark of its rule. This was no time for bad news, and the party delayed, dithered and hid the truth about the deadly events that were
In a defiant speech to mark the Communist party’s centenary today, Xi Jinping warned foreign powers they would ‘have their heads bashed bloody against the Great Wall of Steel forged by over 1.4 billion Chinese people’ if they tried to bully China. Beijing would not allow ‘sanctimonious preaching’, he told a carefully vetted crowd in
There can have been no more avid viewers of the CCTV footage of Matt Hancock’s snog and grope than China’s cyber spies, chuckling in some dark room in Beijing and asking each other, how can it have been so easy for somebody to obtain? MI5 seems to be asking itself the same question. Three days
Footage of a brutal late March attack on a 65-year-old Asian American woman in Manhattan drew widespread outrage on social media. It also made for a productive afternoon for Zhao Lijian. From his Beijing office, the Chinese government spokesman retweeted 20 posts and shared the video 12 times on his official Twitter account. ‘We can’t
23 min listen
On this episode, author and journalist Ian Williams starts by looks at how China is using tech to expand its reach. (00:45) Then, Fiona Mountford reflects on how to deal with grief. (12:00) Finally, Deborah Ross reviews the Oscar-nominated Promising Young Woman, ‘a wonderfully clever, darkly funny, stomach-knotting’ revenge-thriller. (18:10)
37 min listen
In this week’s podcast, Katy Balls expands on her cover story, analysing Number 10’s hopes for November’s COP26 summit in Glasgow (01:10). She’s joined by Boris Johnson’s former advisor and co-author of the last Conservative election manifesto, Rachel Wolf and together, they ponder whether the much-anticipated green jamboree signposts a supercharged boost not only for
