Chinese companies going global. Global companies ongoing efforts to capitalize 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’s government is hyping the concept of “new infrastructure” — the massive deployment of 5G, industrial internet, and networked everything. What exactly are Beijing’s plans, and will U.S. sanctions on Huawei and other Chinese firms put the kibosh on them?
After 12 years in prison for insider trading and bribery, entrepreneur Huáng Guāngyù 黄光裕 (aka Wong Kwong-yu) was released on parole on June 25. Formerly China's richest man, Huang's electrical appliance retailer GOME saw its stock price surge 17.39% on the day of his release.
TikTok is now the only China-based app to gain significant traction overseas. As a result, its experience serves as a natural experiment in how foreign regulators react to such a situation.
Nanjing woman uses airlines own shortcomings against them to pocket $420,000 over five years.
While widely credited with "having left China," Google still operates a significant in-country presence and through its parent company, Alphabet, continues to launch new projects in China and invest into Chinese companies of all sizes.
The sudden closure of the Xinfadi market, which took place around 3 a.m. on June 13, was widely viewed as a necessary move to curb the spread of the deadly virus. But, it has resulted in massive financial losses for merchants working at the market, and raised fears of a food shortage in the Chinese capital.
Didi Chuxing, China’s largest ride-hailing company, has filed a lawsuit against a couple who filmed a staged pornographic video featuring a Didi driver drugging and raping a female passenger. The company said that the explicit video had tarnished its reputation and seriously undermined its efforts to protect passengers from sexual assault and harassment.
The tech hero of the pandemic lockdowns finds itself at the center of attention for less desirable reasons this time.
HSBC was founded more than 150 years ago to finance trade ties between China and Europe. Now, the London-based bank faces criticism from both the U.S. and China as tensions grow.
Media baron Jimmy Lai Chee-Ying (黎智英 Lí Zhìyīng) is unique among Hong Kong’s tycoons in his willingness to take on China’s government. Lai made his fortune in fashion before the 1997 Hong Kong handover, and started the tabloid and pro-democracy news outlet Apple Daily in 1995. The newspaper is owned by Next Media Group, which publishes newspapers and websites in Hong Kong and Taiwan.