Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

What it takes to lure IT workers back to the Chinese countryside

Jun 26, 2023
Some city-dwellers are heeding the call of China’s government for people to return and revive the countryside.
Ex-coder Hu Hang stands in a peach orchard he co-invests in. He quit the IT sector and moved from Shenzhen back to his hometown in central Jiangxi province a few years ago. (Christian Petersen-Clausen/Marketplace)
Christian Petersen-Clausen for Marketplace

Chinese investment in U.S. startups under scrutiny for espionage

Jun 21, 2023
The difficult relationship between the U.S. and China has many economic contours to it. One of the complaints on the U.S. side for years has been about theft of intellectual property. That tension is now extending into the world of investment, particularly startups.
“Unlike American companies, Chinese-owned companies are required by their government to support the military," said Andy Weber, a senior fellow at the Council on Strategic Risks.
Ed Jones/AFP via Getty Images

Other countries are tipping into recession — and could drag the U.S. along

Jun 20, 2023
Among them are New Zealand, Germany and, probably, China.
Germany is among the nations around the world facing a recession linked to their battles with inflation. Above, a Christmas market in Heidelberg.
Daniel Roland/AFP via Getty Images

Why China dominates the world's EV supply chain

Jun 20, 2023
China’s investment in lithium refining and other aspects of EV battery production is years ahead of the rest of the world.
STR/AFP via Getty Images

Fading job prospects discourage younger Chinese workers

May 17, 2023
China's job market remains competitive as the economy recovers from zero-COVID. But some young people have lost their eagerness to compete.
Students at a job fair in Beijing last year. Unemployment among graduates has remained stubbornly high even though China has dismantled its zero-COVID policy.
Jade Gao/AFP via Getty Images

G-7 leaders expected to discuss China's "economic coercion"

May 15, 2023
China has been accused of exerting its power by refusing to buy certain products from countries that cross it. Beijing is pushing back.
Chinese President Xi Jinping and U.S. President Joe Biden at a G-20 summit. China rejects criticism of its trade practices and has accused wealthy nations of using economic and military coercion.
Saul Loeb/AFP via Getty Images

Boosting chip production is “an investment in America’s national security,” Commerce secretary says

Apr 25, 2023
“The stakes are so high” when it comes to making the U.S. a leader in this key technology, says Gina Raimondo.
“The stakes are so high” when it comes to making the U.S. a leader in semiconductors, says Commerce Secretary Gina Raimondo.
Drew Angerer/Getty Images

For public good, not for profit.

Why global investors ask: Where's Jack Ma?

Apr 24, 2023
For over two years, the whereabouts of one of China’s leading tech moguls has generated intense interest from the media and global investors. But is it warranted?
Jack Ma at a startup fair in Paris in 2019. Since China's crackdown on tech moguls in 2020, Ma has largely kept a low profile.
Phillipe Lopez/AFP via Getty Images

How undersea internet cables connect the global economy

The U.S. and China are competing for control over these vital pieces of infrastructure.
Technicians work on undersea cable in December 2005. Undersea internet cables "carry about 99% of all our telecommunications," said James Kraska at the U.S. Naval War College.
Stephan Agostini/AFP via Getty Images

Why more workers in China are ruling out factory jobs

Apr 17, 2023
Despite high unemployment among young people, most factories are short of workers. It might reflect false promises and poor conditions.
Production in progress at a factory in China's eastern Anhui province. Factory work has lost much of its popularity as a career choice. “The workers just don't trust factory owners,” one former employee said.
STR/AFP via Getty Images