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Jul 25, 2014
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Qualcomm turns from predator to prey in China

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By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Bad news keeps piling on for Qualcomm. Beijing has branded the U.S. chipmaker a monopolist, even as its dominance, which rests on smartphone chips and 3G patents, may be sliding. If that weren’t enough, some Chinese customers aren’t paying their dues. As friction over U.S.-China spying persists, things may only get worse.

Jul 7, 2014
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Beijing Motor IPO lifts bonnet on China carmakers

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By Ethan Bilby 

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Beijing Motor is offering investors a glimpse under the bonnet of the Chinese auto industry. The carmaker part-owned by Germany’s Daimler is planning a Hong Kong listing it hopes will help it cash in on China’s expanding demand for new vehicles. But its profitability depends entirely on joint ventures with foreign groups. It’s a reminder that China’s car market has two speeds.

Jul 2, 2014
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Macau revenue drop augurs further slowdown

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By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Even Macau isn’t immune to China’s e-commerce boom. Online betting on soccer’s World Cup may have contributed to the first year-on-year drop in the enclave’s gaming revenue since 2010. That’s okay as long as tourist numbers keep rising.

Jun 18, 2014
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China veto is wake-up call for world’s dealmakers

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By Ethan Bilby 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Chinese regulators have sunk their first overseas transaction, killing a container-shipping alliance led by Denmark’s Maersk. The particular national interest made this tie-up especially vulnerable. But there’s a real risk China could torpedo other global deals.

Jun 9, 2014
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China-U.S. cyber spat risks corporate casualties

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By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

China’s security spat with the United States risks corporate casualties on both sides. The People’s Republic has responded to U.S. allegations of cyber spying by targeting American tech companies. A continuing dispute could lead to blocked deals in the United States and lost sales in China. Though companies can try to ease concerns, it’s hard for them to escape a political escalation.

Jun 5, 2014
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Chinese hiccup temporarily deflates dairy bubble

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By Ethan Bilby 

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

The world’s biggest milk importer is taking a break from its dairy diet. The price of milk-related products tracked by auction platform GlobalDairyTrade has fallen 25 percent since January. Though the decline is partly due to improving supply, demand from voracious buyer China has also fallen. That lull is unlikely to last.

May 29, 2014
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Alibaba hints at overseas push with SingPost stake

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By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Alibaba hasn’t even completed its U.S. initial public offering, but already it is striking out overseas. A $249 million stake in logistics group Singapore Post targets one area where the Chinese e-commerce group may be able to apply its talent. But the concrete benefits of the deal are unclear – besides focusing investors’ attention on the potential value of growth outside the People’s Republic.

May 26, 2014
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U.S. firms get caught in China spying crossfire

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By Ethan Bilby

The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

It’s almost a year since U.S. President Barack Obama and his Chinese counterpart Xi Jinping held a cordial “shirt-sleeves summit”. When it comes to the two countries’ internet rivalry, however, bare knuckles have replaced bare forearms. Last week’s indictment by the United States of five Chinese army officers as alleged cyber spies has prompted a backlash against American companies. China’s weapon is shutting them out from future growth.

May 21, 2014
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Russia puts gas-hungry China in a bear hug

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By Ethan Bilby
The author is a Reuters Breakingviews columnist. The opinions expressed are his own.

Russia has signed a long-awaited gas pipeline deal with China, and it leaves the People’s Republic in a bear hug. Russia gets a new market outside the increasingly frosty European Union. Oil major PetroChina gets to balance out some losses from low regulated prices at home. But the optics of the deal shred Beijing’s pretensions to political neutrality.

May 20, 2014
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Alibaba tries out role of the noble monopolist

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By Ethan Bilby

The author is a Reuters Breakingviews columnist.  The opinions expressed are his own.

Alibaba is trying out a new role: the noble monopolist. With an apparent 84 percent share of online consumer goods spending, it effectively owns the country’s Internet shoppers. Its payment affiliate is the biggest game in town. Both are attractions for its upcoming initial public offering. Alibaba’s long-term challenge is to keep showing that dominance helps the market rather than restricts it.

    • About Ethan

      "Ethan is Reuters Breakingviews corporate China columnist based in Hong Kong. He joins the team having covered trade disputes, foreign affairs, and EU politics in Brussels. Ethan began working for Reuters as a graduate trainee in London and speaks Mandarin Chinese, Danish, Swedish and Spanish. Follow Ethan on Twitter at @EthanBilby"
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