The Chinese state enterprise behind Oatly, America’s hottest oat milk brand
Plant-based milk maker Oatly is planning a $1.6 billion Nasdaq IPO. What is the massive Chinese company that owns most of the trendy vegan brand?
Business & Technology
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.
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Former disgraced coffee chain entrepreneur tries his hand at noodles
A serial entrepreneur who left his last venture — Luckin Coffee — after an enormous fraud scandal is planning a nationwide chain of tech-optimized noodle shops.
Chinese mobile phone leader Xiaomi removed from Pentagon blacklist
The U.S. government has accepted a court ruling that removes Xiaomi — a company founded by a famous serial entrepreneur with no military ties — from a blacklist of companies with alleged links to the Chinese military.
‘Smart’ social media app Soul files for an IPO in the U.S.
Soul is an AI-powered app that creates social circles for its users based on personality tests. It’s still tiny — only 6 million active daily users — but it’s backed by internet behemoth Tencent, and it’s about to raise a boatload of cash.
Video streamer iQIYI cancels a season finale over milk waste controversy
Fan groups of contestants in a reality talent show bulk bought milk bottles with caps that gave them extra votes for their idols. The government is crying over the spilt milk.
Chinese electric vehicle giant Nio goes to Norway
China’s electric vehicle makers are eyeing Norway as their first overseas destination — but can they convince Europeans to pay top dollar for cars made in China?
How Technology and Capital Can Help Accelerate Agricultural Innovation in China
Less than 30% of farmers in China are involved in new businesses like agricultural e-commerce and organic farming, Pinduoduo is helping attract young talent back to rural areas
China tests digital yuan in villages
China is getting serious about digital cash: the latest trials of the e-yuan are rolling out in villages near the northeastern coastal city of Dalian.
Chinese podcast app Ximalaya to go public
Podcasting caught on later in China than in the U.S., but it’s become an enormous business. The most popular audio app in the country just filed for a U.S. IPO.
Can Chinese liquor companies convince Chinese youths to drink traditional baijiu?
Baijiu — strong, traditional Chinese liquor — has a long history but an uncertain future as younger Chinese turn to wine and whiskies. Can the $92 billion industry reinvent itself for a new generation?