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EU Agrees on Infrastructure Plan to Rival China’s New Silk Road  

European Union foreign ministers agreed Monday on an ambitious global infrastructure plan linking Europe to the world.   The infrastructure scheme is designed to rival Chinese President Xi Jinping’s Belt and Road Initiative, which Western governments fear encourages countries to take on large Chinese loans that can then be leveraged by Beijing for political purposes.    German…

SoftBank’s investment strategy in China unchanged: CFO

TOKYO — SoftBank Group’s investment strategy in China remains unchanged even as some of its biggest investments in the country come under intense regulatory scrutiny, Chief Financial Officer Yoshimitsu Goto said on Tuesday.SoftBank invested nearly $11 billion in Chinese ride-hailing company Didi Global, which went public in the U.S. before China’s Cyberspace Administration on July…

Japan Calls for ‘Sense of Crisis’ Over China-Taiwan Tensions

AdvertisementContinue reading the main story Tokyo warned that China’s rapid military expansion was threatening to upset the balance of power between Beijing and Washington. President Biden and Prime Minister Yoshihide Suga of Japan speaking at a news conference at the White House in April. Washington has urged Tokyo to confront Beijing’s military posturing.Credit…Andrew Harnik/Associated Press…

Strategies for Underdogs: How Alibaba’s Taobao Beat eBay in China

July 13, 2021In 2007, Alibaba’s Taobao became China’s leading consumer e-commerce marketplace, displacing the once dominant eBay. How did underdog Taobao do it? And will it be able to find a way to monetize its marketplace and ensure future success?Harvard Business School professor Felix Oberholzer-Gee discusses his case, “Alibaba’s Taobao,” and related strategy lessons from…

The United States vs. China

The headline accompanying this column is a rather dramatic way of putting it, but the reality is that China aspires to meet and surpass the USA economically, technologically and militarily, to become the putative leader of the world. Can they? Having been a “China watcher” for many years, and having travelled to China many times,…