Jonathan Cheng Profile picture
China Bureau Chief @WSJ. Formerly of Seoul, New York and Hong Kong bureaus. jonathan.cheng@wsj.com
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Nov 12 5 tweets 2 min read
Donald Trump’s triumph is making Beijing nervous. And it’s not just his tariff threats that could cause more pain to an already-weak Chinese economy. Another, and potentially even bigger, fear is what some people call a “reverse Nixon.”
@Lingling_Wei
wsjchina.cmail19.com/t/d-e-sluilhd-… @Lingling_Wei Much like Richard Nixon sought China out to counter the Soviet Union during the Cold War, now the U.S. might seek to turn Moscow against Beijing. Xi is worried Trump could disrupt his “bromance” with Vladimir Putin, a partner in his standoff with the U.S.
wsjchina.cmail19.com/t/d-e-sluilhd-…
Nov 9 10 tweets 4 min read
After Trump’s Victory, One Company Prepares to Shift Production From China—Most of Breville’s products are manufactured around Shenzhen, a sprawling Chinese city on the border with Hong Kong
@dwinningWSJ
wsj.com/economy/trade/…
wsj.com/economy/trade/… For Breville, the threat of new tariffs is a problem. The Australian company sells espresso machines, toasters, juicers and microwaves in more than 70 countries, including the U.S. Most of its products are manufactured in the area around Shenzhen.
wsj.com/economy/trade/…
Oct 8 16 tweets 6 min read
China’s Stock Market Fever Breaks as Authorities Disappoint—Expectations for a flood of stimulus had run high before a Tuesday morning press conference by Beijing’s economic planner
@RebeccaYFeng @wsj_douglasj
wsj.com/finance/stocks…
wsj.com/finance/stocks… An epic Chinese stock market rally lost steam Tuesday after a press conference by the country’s economic planning agency disappointed hopes for more fiscal stimulus measures and raised questions about whether Beijing has more to offer the ailing economy.
wsj.com/finance/stocks…
Oct 5 6 tweets 3 min read
U.S. Wiretap Systems Targeted in China-Linked Hack—AT&T, Verizon are among broadband providers breached in China-linked ‘Salt Typhoon’ hack
@bysarahkrouse @dnvolz @aviswanatha @bobmcmillan
wsj.com/tech/cybersecu…
wsj.com/tech/cybersecu… A cyberattack tied to the Chinese government penetrated the networks of a wide swath of U.S. broadband providers, potentially accessing information from systems the federal government uses for court-authorized network wiretapping requests.
wsj.com/tech/cybersecu…
Sep 24 14 tweets 5 min read
An economist at a top Chinese think tank was placed under investigation, detained and removed from his posts after he allegedly criticized Xi Jinping’s management of the economy in a private chat group.
@ByChunHan @Lingling_Wei

wsj.com/world/china/to…
wsj.com/world/china/to… The investigation of Zhu Hengpeng, who for the past decade was deputy director of the Institute of Economics at the state-run Chinese Academy of Social Sciences, comes amid efforts to suppress negative commentary about China’s economic health.
wsj.com/world/china/to…
Sep 15 22 tweets 8 min read
What Scared Ford’s CEO in China—Jim Farley is changing strategy to combat what he calls an ‘existential threat’ from China’s electric carmakers
@MikeColias
wsj.com/business/autos…
wsj.com/business/autos… @MikeColias Jim Farley had just returned from China. What the Ford Motor CEO found during the May visit made him anxious: Chinese automakers were pulling away in the EV race.
wsj.com/business/autos…
Jul 3 20 tweets 8 min read
Beijing and Moscow Go From ‘No Limits’ Friendship to Frenemies in Russia’s Backyard—Central Asia moves further into China’s orbit as Ukraine war loosens Russia’s grip on former Soviet republics
@shashamimi

wsj.com/world/beijing-…
wsj.com/world/beijing-… @shashamimi When Vladimir Putin visited Tashkent on a recent tour of central Asia, Uzbek officials decorated the boulevards with posters of the Russian leader’s face. But beneath the posters were signs of Moscow’s dwindling heft: More BYDs and Geelys, fewer Ladas.
wsj.com/world/beijing-…
Jun 25 9 tweets 4 min read
Historic Moon Mission Gets China One Small Step Ahead in Space Race—Outlines of a lunar iron curtain are starting to emerge as the U.S. and China vie to build bases at the lunar south pole
@stuwoo @hwclarence @MicahMaidenberg

wsj.com/world/asia/his…
wsj.com/world/asia/his… There is a new space race, this time between the U.S. and China. On Tuesday, China took an important step forward.
wsj.com/world/asia/his…
Jun 23 20 tweets 8 min read
Taiwan Wants a Drone Army—but China Makes the Drones It Wants. Small, cheap drones are helping Ukraine hold off a better-equipped Russian army. For Taiwan, replicating that strategy risks relying on Chinese suppliers.
@joyuwang

wsj.com/world/taiwan-d…
wsj.com/world/taiwan-d… As drones transform warfare, Taiwan is accelerating efforts to build them. But it has a problem: The vast majority of the small, inexpensive drones that are having the greatest impact on battlefields are made in China, the very source of the threat.
wsj.com/world/taiwan-d…
Jun 18 5 tweets 2 min read
The Biden administration is hoisting barriers to Chinese clean-energy imports to protect domestic industries. The trade restrictions threaten another of Biden’s priorities: building out renewable-energy generation.
@Phred_Dvorak

wsj.com/economy/trade/…
wsj.com/economy/trade/… @Phred_Dvorak This month, the U.S. allowed duties aimed at China-based solar panel makers to take effect—after putting the measures on hold two years ago. In the next few weeks, the U.S. is expected to close a loophole that let companies bring in solar panels duty-free.
wsj.com/economy/trade/…
Jun 13 13 tweets 5 min read
Chinese electric-vehicle makers, increasingly a global force, have been bracing for months for the prospect of hefty tariffs in Europe, one of their most promising markets. When that day arrived, many were prepared.
@selina_cheng

wsj.com/business/autos…
wsj.com/business/autos… @selina_cheng Some have started building factories on the continent, while others have set up joint ventures with companies in the bloc. Still others are looking at exporting to Europe from third countries, while some are throwing in the towel on Europe altogether.
wsj.com/business/autos…
May 16 48 tweets 17 min read
Mystery in the Alps: A Chinese Family, a Swiss Inn and the World’s Most Expensive Weapon
Fantastic read by @drewhinshaw @JoeWSJ @lizalinwsj

wsj.com/world/asia/chi…
wsj.com/world/asia/chi… @drewhinshaw @JoeWSJ @lizalinwsj The Hotel Rössli, a century-old lodge in a remote Swiss valley, enjoys a spectacular view from its front, including the spot where Sherlock Holmes met his demise. But it is the view from the back that caught the attention of American intelligence agencies.
wsj.com/world/asia/chi…
Apr 12 16 tweets 6 min read
China’s push to replace foreign technology is now focused on cutting American chip makers out of the country’s telecoms systems.
@lizalinwsj @raffaelehuang @rachelliang5602

wsj.com/tech/china-tel…
wsj.com/tech/china-tel… @lizalinwsj @raffaelehuang @rachelliang5602 Officials this year directed China's largest telecom carriers to phase out foreign processors that are core to their networks by 2027, a move that would hit American chip giants Intel and Advanced Micro Devices, people familiar with the matter said.
wsj.com/tech/china-tel…
Mar 12 10 tweets 4 min read
BYD is running into challenges in its overseas expansion, finding that its rapid growth at home doesn’t necessarily translate into quick success in big foreign markets such as Europe.
@selina_cheng @riverakiradavis @raffaelehuang

wsj.com/business/autos…
wsj.com/business/autos… @selina_cheng @riverakiradavis @raffaelehuang Executives at BYD, which overtook Tesla late last year as the top global seller of EVs, said the issues included weak market demand, too-high pricing, quality control and internal tension over how quickly BYD should seek to grab market share.
wsj.com/business/autos…
Mar 4 14 tweets 5 min read
U.S. officials across the political spectrum have described Chinese corporate theft as a defining threat of our times. A Justice Department loss last week underscores the challenges in addressing it.
@aviswanatha @heathersomervil

wsj.com/tech/micron-ch…
wsj.com/tech/micron-ch… When engineers and managers at the Taiwan factory of U.S. chipmaker Micron Technology left with hundreds of internal files for a rival teaming up with a Chinese government-owned company, it seemed an open-and-shut case of state-sponsored corporate theft.
wsj.com/tech/micron-ch…
Jan 15 12 tweets 5 min read
Two days after Lai Ching-te wins the presidency in Taiwan, Beijing makes its move, poaching Nauru, a Pacific island nation of about 10,000 people—and, until today, one of Taiwan's 13 formal diplomatic allies.
@joyuwang @ByChunHan

wsj.com/world/asia/tai…
wsj.com/world/asia/tai… @joyuwang @ByChunHan Nauru’s government said it would stop recognizing Taipei and instead seek formal relations with Beijing—a switch that marks “a significant first step in moving forward with Nauru’s development,” according to the island nation’s Facebook page.
wsj.com/world/asia/tai…
Dec 24, 2023 11 tweets 5 min read
"China’s Jobless Don’t Always Show Up in the Data. But They Show Up in the Library. Unemployed and afraid to tell their families, many need a place to figure out their futures; for some, it’s the stacks"
@xinwenfan

wsj.com/world/china/ch…
wsj.com/world/china/ch… @xinwenfan Every weekday, Qin Ran arrives early at a Beijing public library, settles into her favorite cubicle, and tries to figure out what to do with her life.
wsj.com/world/china/ch…
Aug 26, 2023 5 tweets 2 min read
The Economist: "Japanification is too mild a diagnosis of China’s ills. A chronic shortfall in growth would be worse in China because its people are poorer. Japan’s living standards were about 60% of America’s by 1990; China’s today are less than 20%."
economist.com/leaders/2023/0… "And, unlike Japan, China is also suffering from something more profound than weak demand and heavy debt. Many of its challenges stem from broader failures of its economic policymaking—which are getting worse as President Xi Jinping centralises power."
economist.com/leaders/2023/0…
Aug 20, 2023 35 tweets 13 min read
China’s 40-Year Boom Is Over. What Comes Next? The economic model that took the country from poverty to great-power status seems broken, and everywhere are signs of distress. @Lingling_Wei and @yifanxie take a big step back.
wsj.com/world/china/ch… @Lingling_Wei @yifanxie For decades, China invested in factories, skyscrapers and roads, sparking an extraordinary period of growth that lifted China out of poverty and turned it into a global giant whose export prowess washed across the globe. Now the model is broken.
wsj.com/world/china/ch…
Jul 1, 2023 6 tweets 3 min read
The ascendancy of the Russian mercenary group Wagner is putting a spotlight on the role played by private security companies like the ​Chinese​​​ ​contractors fanned out across Africa and Asia.
⁦@jamestareddy⁩ ⁦@austinramzy⁩ wsj.com/articles/how-c… @jamestareddy @austinramzy Private, military-style security companies are an increasingly visible element of China’s expanding global footprint—hunting pirates from the decks of cargo ships in the Gulf of Aden, guarding a railway in Kenya and protecting a fuel depot in Sri Lanka.
wsj.com/articles/how-c…
Jun 29, 2023 7 tweets 3 min read
The Chinese spy balloon that floated over the U.S. this year was loaded with U.S.-made equipment that helped it collect photos, videos and other information, U.S. officials said, citing preliminary findings from a closely held investigation.
@nancyayoussef
wsj.com/articles/chine… @nancyayoussef U.S. defense and intelligence agencies and the F.B.I. found the balloon debris crammed with American gear and specialized Chinese sensors, the officials said, supporting a conclusion that the craft was for intended for spying, not weather monitoring.
wsj.com/articles/chine…