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Business & Technology

The top news stories, headlines, news roundups, and related content from the world of Chinese business and technology — part of the daily SupChina newsletter, a convenient package of China’s business, political, cultural, and society news delivered to your inbox for free. SupChina is your premier source for China news.

Chinese real estate investment in the U.S. comes to a standstill

The coronavirus has brought the U.S. real estate industry to a standstill, with deals stalled and showings canceled, and it…

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More than 240,000 Chinese companies declare bankruptcy in the first two months of 2020

While the full economic impact of the coronavirus outbreak on China’s economy is still uncertain, popular business writer Wu Xiaobo…

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The quiet, public failure of China’s new Long March rocket

On March 16, China launched the first Long March 7A, a rocket that could become the main vehicle for sending…

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Why did Ant Financial invest in a Swedish fintech unicorn?

A version of this article was originally published by Kapronasia, a Shanghai- and Singapore-based fintech consultancy. Ant Financial’s international expansion runs…

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China’s delivery services have saved the country’s F&B industry during COVID-19

Photo by Anthony Tao Ellen Xu (徐子画 Xú Zihuà), the owner of a Hangzhou-based neighborhood bar called Chimney, has seen…

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Macau’s epidemic-stricken casino economy exposes a decade of failed policy

Photo by Billy H.C. Kwok (Bloomberg/Getty Images) Macau’s casino-driven economy is in dire straits. If only it diversified when it…

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Will China’s government-controlled cloud rain on fintech innovation?

The Chinese government has demonstrated a willingness to innovate in the financial services technology sector. For example, the People's Bank…

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Why did Hong Kong arrest media mogul Jimmy Lai?

Hong Kong police arrested media mogul Jimmy Lai Chee-Ying (黎智英 Lí Zhìyīng) this morning (Friday February 28). Lai made his…

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Why is Tencent investing in European fintechs?

A version of this article was originally published by KapronAsia, a Shanghai- and Singapore-based fintech consultancy. Tencent is stepping up its…

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Will the battle over Huawei kill globalization?

The U.S. and Europe are locked in an intense debate: Should a technology company’s country of origin determine whether its…

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Prepare to be underwhelmed: Mastercard makes a belated arrival in China

A version of this article was originally published by KapronAsia, a Shanghai- and Singapore-based fintech consultancy. Reform is coming to China’s…

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Chinese fintech giants expand across the Belt and Road

The fintech arms of Chinese internet giants Alibaba and Tencent have fought each other to a standstill in their home…

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Chinese blockchain is booming, but can the industry survive government support?

Much like its anti-corruption campaign, China's crypto crackdown is relentless. Beijing views decentralized digital currency as a conduit for money…

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Chinese automaker GAC Motors to sell cars in Israel

Israeli import company Orion Mobility said on Sunday that Chinese automaker Guangzhou Automobile Group Co, Ltd. (GAC) has started selling…

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The age of cooptation: The high cost of doing business in Xi’s China

SupChina illustration by Derek Zheng The cost of doing business in China today is a high one, and it is…

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