Invisible Money: Rise and Fall of Shadow Banking in China

EMILY LIN chronicles the explosive growth and harrowing decline of shadow banking in China. China’s shadow banking sector has developed rapidly since the Global Financial Crisis in 2008, sparking intense international debate over the potential financial risks that may arise in a largely unregulated private lending market. The scale of China’s shadow banking sector is estimated to encompass roughly 43% of China’s total GDP at RMB … Continue reading Invisible Money: Rise and Fall of Shadow Banking in China

Made in China Done Right: Sustainability Reforms in Chinese Manufacturing

ADINA-LAURA ACHIM analyzes China’s efforts to rebrand Made in China and pivot to more environmentally sustainable production. Throughout the centuries, the Made in China label denoted high quality, impeccable craftsmanship, artistry, and skillfully curated products. “European traders and power brokers traveled the Silk Road to purchase silks, stone-carved decorative pieces, cashmere, unique calligraphy, and first-rate ceramics,” said Jing Daily. However, on its quest to become the … Continue reading Made in China Done Right: Sustainability Reforms in Chinese Manufacturing

Your Toilet Knows: Non-Surveillance Uses of Facial Recognition in China

SHARON LI explores applications of facial recognition technology in commerce and public facilities in China. In October 2019, the Trump administration added 28 additional Chinese organizations to its “Entity List,” effectively banning them from trading with US companies without government approval. Among these organizations were video surveillance companies Hikvision and Dahua, which the Commerce Department alleges are “implicated in China’s campaign targeting Uighurs and other … Continue reading Your Toilet Knows: Non-Surveillance Uses of Facial Recognition in China

China Hands Volume 6 Print Edition

Dear Readers, Sir Austen Chamberlain, half-brother of former Prime Minister Neville Chamberlain, once referred to a Chinese curse which took the form of saying, “May you live in interesting times.” We live in interesting times. The foundations of US-China relations are splintering. The delicate webs of global value chains and cross-border investments linking our economies are unravelling. The resulting disruptions are diverting attention from China’s … Continue reading China Hands Volume 6 Print Edition

Fintech Disrupted

DYMPLES LEONG explores how people’s use of fintech changes during times of unrest in China. The push towards a cashless society by governments and the private sector has led to a rapid global development of the financial technology (fintech) industry. Countries in Asia are increasing their adoption of fintech to meet the challenges of a globalized digital economy, such as access to underbanked individuals and … Continue reading Fintech Disrupted

Comparative Analysis of Factory Girls and Korean Workers

ZHEYAN NI reviews Factory Girls: From Village to City in a Changing China and Korean Workers: The Culture and Politics of Class Formation. An inquiry has been occupying my mind for a long time: are journalists or scholars the better story tellers of a society? Contrasting the two books in this review helps us understand their differences in approach and effect. Leslie Chang, the wife of famous China … Continue reading Comparative Analysis of Factory Girls and Korean Workers

How the Chinese Political System Can Elevate More Competent Government Officials

MICHAEL TAN examines the Chinese civil service system and why it can potentially produce more effective leadership than democratic systems. Would a TV-celebrity and real-estate mogul with no political experience whatsoever ever be able to achieve the presidency in China? Such a feat, while possible in the United States, has next to no chance of happening in China, for reasons that lie in the extremely rigorous … Continue reading How the Chinese Political System Can Elevate More Competent Government Officials

2019 25 Under 25: Leaders in US-China Relations

In 2013, China Hands became the first magazine to honor young individuals for their exceptional contributions to US-China relations and China studies. We are humbled and excited to present the fifth edition of “25 Under 25: Leaders in US-China Relations.” After multiple rounds of selection, honorees were selected for recognition as leaders in US-China relations, notable for their contributions to fields including business, art, journalism, politics, and … Continue reading 2019 25 Under 25: Leaders in US-China Relations

Paradiplomacy and the HIV/AIDS Crisis at the Yunnan-Myanmar Border

CHRISTIAN FLORES analyzes the role of paradiplomacy in solving the HIV/AIDS epidemic in the Yunnan-Southeast Asian border and offers recommendations for further improvements in management. Introduction HIV/AIDS has become a prominent issue in China since the 1980s when the disease first entered the country. The spread of HIV/AIDS forced the central government to mobilize and act against a potential crisis that could befall upon Yunnan Province, … Continue reading Paradiplomacy and the HIV/AIDS Crisis at the Yunnan-Myanmar Border

Too Crazy, Too Rich?

“But why would I see it just because its cast is all Chinese? – Xia’an, one-star Douban Reviewer Crazy Rich Asians depicts how Chinese American Rachel Chu (Constance Wu) meets the ultra-rich and elite Singaporean-Chinese family of her boyfriend, Nick Young (Henry Golding). Complete with delectable Asian food and elements of Chinese culture, the film begins as a family visit and wedding for Nick’s best … Continue reading Too Crazy, Too Rich?