Title

Deal Book

From their website:

News from The New York Times about deals and those who make and break them.

Last Updated: July 7, 2016

U.S. Targets Buyers of China-Bound Luxury Cars

Matthew Goldstein
Deal Book
A Florida businessman buys new cars that typically retail for $55,000 to $75,000 in the United States and resells them in China for as much as three times those prices.

Economic Shifts in U.S. and China Batter Markets

Nathaniel Popper
Deal Book
An index of Chinese manufacturing growth released on January 23 showed that the most important cog in the country’s economy, the world’s second-largest, was contracting for the first time in six months.

Bribery Charges in China for Official Whose Child Worked for JPMorgan

Neil Gough
Deal Book
 State prosecutors have accused former Minister of Railways Zhang Shuguang of accepting graft payments of around 47 million renminbi, or nearly $8 million at current exchange rates, according to reports.  

Hiring in China by J.P. Morgan Under Scrutiny

Jessica Silver-Greenberg, Ben Protess...
Deal Book
Federal authorities have opened a bribery investigation into whether J.P. Morgan Chase hired the children of powerful Chinese officials to help the bank win lucrative business in the booming nation. 

The Changing State of Smartphone Competition in China

Bill Bishop
Deal Book
Xiaomi has released a new Android phone so agressively priced, it could cause damage to competitors and other component suppliers. Consequently, Apple’s iPhone is no longer the most sought out phone in the country. 

In China, a Push for Cleaner Air

Bill Bishop
Deal Book
China’s State Council announced an ambitious package on Friday of 10 measures to combat air pollution. Air pollution is a major problem in China and steps to alleviate the problem are vital to the government’s stated goals of...

Tamping Down Expectations on China’s Growth

Bill Bishop
Deal Book
Mr. Xi also said “China will not sacrifice the environment for temporary economic growth” and that officials will be held responsible for pollution “for life.”  

As China’s Economy Stumbles, Government Eyes Reform

Bill Bishop
Deal Book
Urbanization and comprehensive economic reform are among the main hopes for supporting and improving the quality of China’s growth, as well as for commodity producers and investors globally. 

China’s Baidu to Pay $370 Million for Internet Video Business

Neil Gough
Deal Book
Acquiring the video business from P.P.S. will increase Baidu’s position in China’s fractious market for online entertainment and help iQiyi compete better against Youku Tudou. 

Alibaba Buys Stake In Sina Weibo, China’s Twitter

Michael J. De La Merced
Deal Book
Alibaba and Sina also agreed to cooperate in improving ways to marry social networking with e-commerce, as microblogging services like Sina’s continue to grow in popularity.

Earthquake Response And Political Tensions Return To The Spotlight

Bill Bishop
Deal Book
Though better than the response to the 2008 earthquake in Wenchuan, survivors face a third night with no shelter and little food or water. The economic impact from the earthquake should be limited, though,&...

Challenges Mount For China’s President

Bill Bishop
Deal Book
Whatever honeymoon President Xi Jinping of China may have been having appears to be over. Now the president must grapple with the H7N9 virus, tensions over North Korea, an economic slowdown, corruption, and a host of other issues. 

Pressures at Home, Tensions Offshore

Bill Bishop
Deal Book
It is tempting to conclude that the increasingly dangerous dispute between China and Japan over the Diaoyu/Senkaku Islands is driven in part by Beijing’s need to distract its populace from problems at home

China Hints at Far Wider Welcome to Overseas Investors

Neil Gough
Deal Book
China’s top securities regulator said foreign investment could be allowed to rise tenfold In what would be a drastic liberalization of huge, cloistered capital markets.

Private Equity in China: Which Way Out?

Neil Gough
Deal Book
Three-quarters of private equity deals struck between 2001-12-worth $230 billion-have yet to pay off, a new report shows.