The Wire China · China
TIER 4 Mon, 23 Dec 2024 00:14:56 +0000
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| Good evening. For both Chinese expats and the China-watching community in D.C., the hottest new bookstore in Dupont is a reboot of a Shanghai institution that was forced to close in 2018. What does its second life say about the new Chinese diaspora? As our cover story this week shows, the post-Covid cultural émigrés have a lot to say — and the means to say it. Elsewhere, we have infographics on a dismal year for China's box office; an interview with Miles Yu, a key policy advisor in the first Trump administration; a reported piece on the dramatic rise of China's mini-dramas; and an op-ed from Paul Triolo on Biden’s legacy on U.S.-China tech competition. If you’re not already a paid subscriber to The Wire , please sign up here. Was this email forwarded to you? Sign up to receive our free newsletter.
Illustration by Valeria Petrone
| Finding China’s Voice — Abroad The new Chinese diaspora is wealthy, educated and professional. And it has things to say. Yi Liu reports on how the new wave of Chinese émigrés is so different from — and potentially more influential than — the post-Tiananmen generation.
A CGV cinema location in Shanghai, China, August 28th 2022. Credit: Robert Way via Shutterstock
| The Big Picture: Has the Curtain Dropped on Chinese Cinema? Ticketing revenue is set to fall by 25 percent this year, the largest year-over-year drop in China’s history as a major movie market, excluding the years of zero-COVID. Noah Berman has the infographics on a dismal year for the Chinese box office.
Miles Yu has lived his version of the American dream. Born Yu Maochuan in Anhui province, he became intrigued with the U.S. after listening to Ronald Reagan’s calls for freedom broadcast over Voice of America. He arrived in the U.S. as an exchange student in 1985, remained and became a hawkish China scholar at the U.S. Naval Academy. In the first Trump administration, he served as Secretary of State Mike Pompeo’s chief China policy advisor and helped shift U.S. policy from engagement to confrontation. ”If Miles didn’t sign off on a policy recommendation, it wouldn’t move ahead for my approval,” Pompeo wrote in his book, Never Give an Inch. In this week’s interview with Bob Davis, Yu discusses how Trump might handle key issues with Beijing, and why Covid changed the first Trump administration’s approach. Miles Yu
Illustration by Lauren Crow
Li La, Tencent’s online video platform operation department deputy general manager, discusses micro-dramas during a keynote speech given at Tencent’s Online Video Creator Ecosystem Conference, June 8, 2021. Credit: Tencent
| The Dramatic Rise of China’s Mini-Dramas Series with multiple minutes-long episodes have taken off on China’s internet, although the industry is still struggling to make money from their popularity. Yi Liu reports.
President Biden speaks at a press briefing, October 4, 2024, in the James S. Brady Press Briefing Room of the White House. Credit: The White House via Flickr
| Biden’s Legacy on U.S.-China Tech Competition and the Challenges Facing Trump The outgoing administration is leaving behind a complex situation on chip export controls, argues Paul Triolo in this week’s op-ed.
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