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The Wall Street Journal wins Hinrich trade reporting award


Published 09 November 2021

The Wall Street Journal has won the Hinrich Foundation Award for Distinguished Reporting on Trade, hosted by the National Press Foundation. The winning reporting covered Beijing's use of its power and political leverage to give Chinese companies a permanent advantage in the global marketplace.

The Wall Street Journal has won the Hinrich Foundation Award for Distinguished Reporting on Trade, hosted by the National Press Foundation. The winning reporting covered Beijing's use of its power and political leverage to give Chinese companies a permanent advantage in the global marketplace.

The winning team is comprised of six WSJ foreign correspondents reporting from Asia and Europe: Valentina Pop (now with the Financial Times), Sha Hua, Stu Woo, Daniel Michaels, Matthew Dalton, and Yang Jie.

The Journal’s coverage showed how China has attempted to use its muscle to reshape the rules of global trade. In one story, Pop, Hua and Michaels showed how China has attempted to dominate the institutions  that define the vital technical and industrial standards for cutting edge technology, from lightbulbs to 5G.

Dalton reported from Paris on how China has provided billions in subsidies to state-owned companies to acquire manufacturing plants in the West — including a French maker of high-speed train wheels — and then slashed prices.

In a third story, Stu Woo in London and Yang Jie in Tokyo chronicled how the United States tried to keep Huawei Technologies Co. from acquiring a Dutch machine it needed to manufacture advanced semiconductors.

National Press Foundation judges praised the high quality of the reporting and analysis that detailed for readers how China’s quest to wrest control over international norms previously controlled by the United States is “setting the stage for skirmishes to come”.

The Hinrich Foundation Award for Distinguished Reporting on Trade was created in 2019 to recognize exemplary journalism that illuminates and advances the public’s understanding of international business and trade. The 2020 winners were David J. Lynch, Carol Leonnig, Josh Dawsey and Jeff Stein of The Washington Post.

The winning journalists will accept the award at the National Press Foundation’s annual awards ceremony, which will be held in-person in Washington, DC, on Feb. 9, 2022.

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