Chinese companies going global. Global companies capitalizing on the size and growth of the China market. State-owned enterprises. Policy-based state investment. Startup unicorns with Chinese characteristics. There is no shortage of business stories to tell in China.
China did not fund any overseas coal projects in the first half of 2021, the International Institute of Green Finance said. This marks a milestone in the greening of China’s Belt and Road Initiative, which since its inception in 2013 had included generous funding of coal every year.
Investors are fleeing Chinese education stocks and pricing in risks across a range of industries as Beijing heats up a long-brewing regulatory storm.
Its loudmouth founder is a deadbeat debtor in China, but his American electric car company has just raised a boatload of cash.
New draft rules circulated today would force China’s private education companies to turn nonprofit. Share prices of tutoring companies plummeted, and some see the end of a highly lucrative industry.
Young Chinese love pets, and serving their cats, dogs, and alpacas is on track to become an $80 billion market.
The Chinese government’s recent moves to rein in Didi and whip the tech industry into line have been a decade in the making.
Starting tomorrow, over 2,000 power generators in China will begin trading carbon credits on a nationwide market. The credits will be cheap at first and only cover a fraction of China’s total emissions, but the system will expand in the coming years to help the country achieve its climate goals.
Convenience Bee says it is already profitable with more than 2,000 unmanned stores all over China. But can it raise enough cash to fund its ambitious expansion plans?
The U.S. is expected to issue its first business advisory for Hong Kong, warning of risks including data or assets being seized by Beijing, the Financial Times reported. The U.S. worries about data security follow a flurry of moves by Beijing exerting data sovereignty.
Chinese regulators' moves against car-hailing giant Didi six days after its IPO have confirmed the worst fears of some observers about the direction of U.S.-China financial ties. But while Chinese company listings on American markets now face significant obstacles, boatloads of money will continue to flow, both ways, across the Pacific.