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''The Wire China'' is a weekly online news magazine founded by former ''
The New York Times ''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid ...
'' Shanghai correspondent David Barboza. The magazine focuses on Chinese business, economics and finance.


History

''The Wire China'' launched its first issue in April 2020. It publishes five to six articles per week including a 3,000-5,000 word cover story, news and analysis piece, a data investigation called 'The Big Picture', Q&A, and Opinion section. The magazine also publishes a regular books column and the occasional long essay. In 2020 it published cover stories investigating the collapse of
Luckin Coffee Luckin Coffee Inc. () is a Chinese coffee company and coffeehouse chain. It was founded in Beijing in 2017. , it managed 5,671 kiosks. The company operates shops, stores, and kiosks that offer coffee, tea, and food. Customers need to download ...
, whistleblowers at
GlaxoSmithKline GSK plc, formerly GlaxoSmithKline plc, is a British multinational pharmaceutical and biotechnology company with global headquarters in London, England. Established in 2000 by a merger of Glaxo Wellcome and SmithKline Beecham. GSK is the ten ...
China's operations, and Chinese aerospace company
Aviation Industry Corporation of China Aviation includes the activities surrounding mechanical flight and the aircraft industry. ''Aircraft'' includes fixed-wing and rotary-wing types, morphable wings, wing-less lifting bodies, as well as lighter-than-air craft such as hot air ...
's acquisition of American companies during the GFC. Content is behind a paywall, with monthly and annual subscriptions available.


Coverage

According to its website, ''The Wire China's'' news coverage focuses on:
China largely from beyond its borders, so we are focused on looking at the country from a global perspective. How do China based businesses invest and operate outside of the country? How do multinationals operate inside China? Who are China's leading entrepreneurs and startups, and how have they succeeded or failed? How do cross border deals work? How do Americans, Europeans and others invest in China, and how do Chinese businesses invest overseas? When it comes to business, what happens at the intersection of China and the rest of the world? And is there a way to put today's dynamics in perspective with a historical piece, looking back at the origins of a conflict, or development?
In 2020, when the Chinese government moved to take over billionaire Xiao Jianhua's assets, ''The Wire China'' first reported that
Xiao Jianhua Xiao Jianhua (, born 13 January 1972) is a Chinese-Canadian businessman and billionaire known for managing assets for descendants of prominent Chinese leaders. He was reported to have been abducted from Hong Kong to Mainland China in 2017. His r ...
's Tomorrow Group put out a statement that was later censored. In the statement, the Tomorrow Group questioned the takeover decisions of the
China Securities Regulatory Commission The China Securities Regulatory Commission (CSRC) is a government ministry of the State Council of the People's Republic of China (PRC). It is the main regulator of the securities industry in China. History China's first Securities Law was ...
and the
China Banking and Insurance Regulatory Commission The China Banking and Insurance Regulatory Commission (CBIRC) is an agency of the People's Republic of China (PRC) authorised by the State Council to * Supervise the establishment and ongoing business activities of banking and insurance instituti ...
, as well as the Chinese government's risk assessment. In September 2020, ''The Wire China'' interviewed
Steve Bannon Stephen Kevin Bannon (born November 27, 1953) is an American media executive, political strategist, and former investment banker. He served as the White House's chief strategist in the administration of U.S. president Donald Trump during t ...
on his relationship with Chinese fugitive Miles Kwok. Orville Schell, the Arthur Ross Director of the Center on U.S.-China Relations at the
Asia Society The Asia Society is a non-profit organization that focuses on educating the world about Asia. It has several centers in the United States (Manhattan, Washington, D.C., Houston, Los Angeles, and San Francisco) and around the world (Hong Kong, Man ...
in New York wrote a long essay for the website titled "The Death of Engagement" which was praised by ''The New York Times'' opinion columnist
Thomas Friedman Thomas Loren Friedman (; born July 20, 1953) is an American political commentator and author. He is a three-time Pulitzer Prize winner who is a weekly columnist for ''The New York Times''. He has written extensively on foreign affairs, global tr ...
. Its coverage on the practice of Chinese billionaires using trusts to hide their money in South Dakota was cited in a Hudson Institute report on kleptocracy and foreign corruption. The publication has published several pieces on semiconductors in the U.S.-China relationship. Willy Shih, a Professor of Management Practice at
Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...
, gave an interview to the publication about the United States falling behind in semiconductor technology. Similarly, it ran a piece on how Chinese regulatory approval complicated U.S. chip firm
Nvidia Nvidia CorporationOfficially written as NVIDIA and stylized in its logo as VIDIA with the lowercase "n" the same height as the uppercase "VIDIA"; formerly stylized as VIDIA with a large italicized lowercase "n" on products from the mid 1990s to ...
's pending acquisition of Israeli chip firm
Mellanox Technologies Mellanox Technologies Ltd. ( he, מלאנוקס טכנולוגיות בע"מ) was an Israeli-American multinational supplier of computer networking products based on InfiniBand and Ethernet technology. Mellanox offered adapters, switches, softwa ...
. On May 30, 2021, ''The Wire China'' published a detailed whistleblower report on securities fraud about
CLSA CLSA Ltd. (formerly known as Credit Lyonnais Securities Asia) is a capital markets and investment group focused on alternative investment, asset management, corporate finance and capital markets, securities and wealth management for corporate an ...
and
CEFC China Energy CEFC China Energy () was a Chinese conglomerate. The company was among the 10 largest private companies in China in 2014. In 2017, the company was listed as 222 on the Fortune Global 500. In March 2020, the company -- along with its subsidiaries ...
called "Broken Bonds".


WireScreen

WireScreen is The Wire China's sister business that focuses on providing data and information on Chinese companies and individuals. It often appears in ''The Wire China,'' especially in the data section, 'The Big Picture'''''. It incorporates research from ''The Wire China'' journalists as well as other data sources. In an interview with Harvard's Nieman Lab, Barboza explained his rationale for launching WireScreen:
Traditionally, journalists are on one side and they do their research, and then they throw it away and don't give it to anyone else. I think how wasteful is it that most journalists throw away or never use or don't pass on any of their notes or records. Everyone that comes behind them does their research all over again.
The database has over a million companies, and data engineers continue to collect and add information. Its target customers include other journalists, policy makers, scholars, and the business community.


References


External links

* {{DEFAULTSORT:Wire China, The Newspapers published in Boston