He sees the four-member bloc as a way to counter China. Read More
Tag: Eastworld
Leaders of the world’s two largest economies are talking again
U.S. President Joe Biden finally got around to speaking with his Chinese counterpart Xi Jinping. The two leaders conversed by phone late Wednesday Washington time, early Thursday in Beijing. The call came on the eve of China’s Lunar New Year holiday, three weeks after Biden was sworn in as president, and after he had already […]
Head of Tokyo Olympic committee says it must limit women because they talk too much
Japan, an aging nation in which leadership positions in business and government are overwhelmingly dominated by men, had hoped that hosting the summer Olympic Games would afford an opportunity to showcase its vitality and commitment to gender equality. So it seemed to me a little bizarre when, in 2014, the person Japan chose to lead […]
Why Beijing doesn’t like being cast as the U.S.’s ‘strategic rival’
This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. In Joe Biden’s first week as president, Beijing has mostly kept the muzzle on its “Wolf Warriors,” the pack of senior Chinese diplomats who earned that nickname during the Trump years for […]
Beijing’s quest for chip independence is made in Taiwan
This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. On Monday, we learned that China’s economy roared back to a pre-pandemic growth rate of 6.5% in the final quarter of last year, pushing expansion for the full year to 2.3%. That […]
China’s consumers are turning against the homegrown Big Tech giants they once revered
In 2014, a group of university students in Beijing founded Ofo, a bike-sharing startup that let customers scan QR codes to rent bikes for short rides around cities, picking up and dropping off the bikes wherever they wished. The convenience and ease of dockless bike shares spawned competing startups like Mobike and Bluegogo, with each […]
Why India just might pull off ‘the world’s largest vaccination program’
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. India will launch its nationwide COVID-19 vaccination program on Saturday. Within eight months, it plans to vaccinate 300 million people—nearly equivalent to the entire U.S. population. And that’s just the first phase of the country’s […]
Why Biden’s pick for ‘Asia czar’ may unsettle Beijing
This is the web version of Eastworld, Fortune’s newsletter focused on business and technology in Asia. Subscribe here to get future editions in your inbox. Joe Biden has picked Obama administration veteran Kurt Campbell for a newly created position as senior official for Asia policy, a spokesman for the president-elect’s transition team said Wednesday. Campbell is a […]
Why did the efficacy of China’s top vaccine drop from 78% to 50%?
Our mission to make business better is fueled by readers like you. To enjoy unlimited access to our journalism, subscribe today. Nearly one week ago, Brazilian officials sounded triumphant in announcing that the vaccine from Chinese drugmaker Sinovac was 78% effective in preventing COVID-19 infections. “Today is the day of hope, the day of life,” João […]
Why a Chinese broadcaster is blacklisting a new NBA team
On Monday, the NBA’s Houston Rockets returned to Chinese screens for the first time in over a year, when Tencent carried the team’s game against the Los Angeles Lakers. The game’s airing signals that China has rekindled its relationship with the franchise now that the team no longer employs former general manager Daryl Morey. “I’m […]