East Asia Archive

China is gearing up for the 20th National Congress of the Chinese Communist Party to be held later this year, where, according to the consensus view, President Xi Jinping’s historic bid for a third term as the party’s general secretary is all but assured. But for many clear-eyed observers, including inside China, an unprecedented third term for Xi is hardly a cause for celebration. Under his rule, China’s assertive foreign policy has alienated foreign governments and trade partners, while its economy is faltering under the weight of Beijing’s “zero COVID” coronavirus policy. Over the duration of Xi’s tenure, dissenting voices […]

A growing number of Chinese middle- and upper-class citizens are seeking to emigrate, citing disillusionment with Beijing’s heavy-handed “Zero COVID” pandemic restrictions. The sense of despair and desperation driving their planned departures stand in contrast to the overwhelming sense of optimism that characterized public sentiment during China’s rise as a global power over the past two decades. On the Chinese social media platform WeChat, search entries for the word “immigration” increased more than fourfold between early and mid-April, the Economist reported. “It’s like an alarm bell has gone off,” said Miranda Wang, a Chinese videographer based in Shanghai, where a seven-week […]

Semiconductors, the tiny chips that power everything from Apple iPhones to F-35 fighter jets, are a true product of globalization. Their technological sophistication is matched only by the logistical complexity of their supply chains, which stretch across the planet. It should be no surprise, then, that these chips are feeling the impact of accelerating deglobalization. Over the past several years, manufacturers of everything from shoes to home appliances have moved to reshore production, encouraged by protectionist governments erecting trade barriers to protect domestic economies from geopolitical forces. Gradually, the “just-in-time” supply chains of the globalized world, which outsourced aspects of […]