The military scandal Xi could not ignore
The purge of China’s top military commanders traces back to a jaw-dropping procurement scandal: missiles filled with water, improperly built silos, and an army that may not have been battle ready. Alice Han and James Kynge discuss, on China Decode.
$800 billion in secret deals hiding in plain sight
Around $800 billion in Chinese ownership abroad is routed through Cayman Islands subsidiaries, creating a massive backdoor for global acquisitions and patent theft. Alice Han and James Kynge discuss, on China Decode.
China has no inheritance tax, no wealth tax — and more inequality than the US, Canada, or Germany. All under a communist flag.
Despite being ruled by the Communist Party, China’s Gini coefficient reveals it’s one of the most unequal societies on the planet. Alice Han and James Kynge discuss, on China Decode.
China built a 500-meter dish called Heaven’s Eye to listen for extraterrestrial life.
From searching for alien life to disrupting precision missiles in Ukraine, China’s satellite ambitions are anything but ordinary. Alice Han and James Kynge discuss, on China Decode.
China was spending $340M on commercial space. Now it’s $3.8B. What’s next?
The space race isn’t just about rockets. It’s about who controls the next trillion-dollar frontier. Alice Han and James Kynge discuss, on China Decode.
China’s Pretend to Work Offices Are a Window Into Something Much Bigger
Across China’s major cities, a strange new industry has emerged where young people rent desk space just to look employed — a symptom of a youth unemployment rate of nearly 17 percent and a generation being crushed economic pressure.
The Dollar Is Safe. The Renminbi Is Still Growing.
While the renminbi is slowly expanding its global role, the U.S. dollar still dominates international trade. Alice Han and James Kynge discuss, on China Decode.