breadcrumb

  • Home
  • Business
Page View

Business

Sinica Podcast

09.27.16

Fakes, Pirates, and Shanzhai Culture

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
Fakes, knockoffs, pirate goods, counterfeits: China is notorious as the global manufacturing center of all things ersatz. But in the first decade after the People’s Republic joined the World Trade Organization in 2001, a particular kind of knockoff...

China Industrial Profits Rise Most in 3 Years as Economy Shows Signs of Stabilizing

Ryan Woo
Reuters
Is the improvement fleeting or real?

China Cities Move to Halt Housing Market Frenzy

Christian Shepherd
Financial Times
Speculators targeted as 15-month price surge persists

China’s Xiaomi Guns for Apple with Latest Premium Smartphone

Bloomberg
The Mi S5 is a luxury phone costing less than half the most expensive iPhone

Long Absent in China, Tipping Makes a Comeback at a Few Trendy Restaurants

Anthony Kuhn
NPR
Scan your server's QR code if you like your service...

China’s Risk-Loving Mom & Pop Investors Abandon Local Stock Markets for Bitcoin

Zheping Huang and Joon Ian Wong
Quartz
China’s two biggest exchanges account for more than 90% of global trading.

Phillippines’ Duterte Wants to ‘Open Alliances’ With Russia, China

Manuel Mogato and Enrico dela Cruz
Reuters
Duterte turns after reaching "the point of no return" with the U.S...

Relax, China’s Banks Aren’t About to Have a Meltdown

Tom Holland
South China Morning Post
There are reasons to be worried about China’s debt, but the risk of a 2008-style crisis is not one of them.

China to Prosecute Former Top Executives for Alleged Graft

Ben Blanchard
Reuters
Next on the chopping block: former Sinopec, China Southern execs, Tibet top security official

Media

09.23.16

In China, Organic Food Is Gaining Ground

Wan Li, a young Beijing professional in her late 20s, is at her desk when her cell phone rings. She picks up. “North entrance?” She confirms. “I’ll be right out.” An electric delivery scooter has just pulled up to Wan’s office with her order of...

China Will Resume Imports of U.S. Beef After a Ban Long Seen as Political

Hannah Beech
Time
For an American industry that relies increasingly on global demand, the news is welcome

Sony and Wanda Team Up to Market Films in China

Wayne Ma and Erich Schwartzel
Wall Street Journal
Deal could boost Sony Pictures’ box-office returns, strengthen Dalian Wanda’s movie-business profile

China’s Coal Cap Will Bite

David Fickling
Bloomberg
Can the shift to more domestic output be met without blanketing China's cities in smog?...

China Spends More in the World than the World Spends in China

BBC
For the first time, Chinese companies have invested more abroad than foreign companies have invested in China

Mystery of China’s ‘Ghost Uber Drivers’

Sherry Fei Ju and Lucy Hornby
Financial Times
An eruption of creepy faces on driver profiles has spooked potential passengers

Alibaba Dethrones Baidu in China’s Digital Advertising Market

Uptin Saiidi
CNBC
Mobile ads are witnessing quick growth, but not everyone is in for a win this year.

Chinese Central Bank Designates Renminbi Clearing Bank in New York

Gabriel Wildau
Financial Times
First offshore renminbi settlement bank in US fills major gap

China State Steel Merger Taps Old Theme: Bigger is Better

Chuin-Wei Yap
Wall Street Journal
Beijing revives push to consolidate heavy industry

Is China Building a Road to Ruin?

Andrew Browne
Wall Street Journal
China beats the U.S. on infrastructure but at a heavy cost

Caixin Media

09.19.16

Chinese Spending Can Help Create Jobs in the United States

Trade does result in very real and serious job losses, while its benefits are spread more broadly over the entire U.S. economy. Yet many job losses are not a result of trade; they are actually driven by productivity gains related to rapid...

Chinese Business’ Complicated Role in Kenyan Corruption

Eric Olander, Cobus van Staden & more
One of the many simple, widely-believed narratives about the Chinese in Africa is that Chinese businesses fuel corruption across the continent. Chinese corporate corruption in Africa is well documented, from allegations of paying off corrupt...

Environment

09.15.16

A Chinese Train Could Link South America’s Atlantic and Pacific Coasts by Rail for the First Time

from chinadialogue
Official bodies from Brazil and Peru have expressed concern about the social and environmental impacts of the proposed interoceanic railway, which will connect the coast of Peru and Brazil, cutting through 621 miles of pristine rainforest.In a...

Features

09.15.16

China’s Teflon Toxin Problem

Sharon Lerner from Intercept
Since the late 1970s, the chemical industry has been at the heart of China’s dazzling growth. And as regulations increase around the world, many toxic chemicals wind up coming to China just to die a slow death. Teflon—the slippery substance used in...

Conversation

09.13.16

Can China’s Best Newspaper Survive?

Isaac Stone Fish, David Schlesinger & more
On September 9, the South China Morning Post’s Chinese-language website went dark with little explanation, leading to concerns that censorship might next spread to the newspaper’s English-language coverage. Can Alibaba’s founder, Jack Ma, who has...

Features

09.13.16

The Destruction of Baishizhou

Eli MacKinnon
Early this spring, the Chinese character for “demolish” (“拆”) showed up in red spray paint on a strip of shops in Shenzhen’s Baishizhou neighborhood. Wang An, 41, has been selling women’s underwear from one of these shops for the last 10 years. “...

China Lays New Brick in Silk Road With First Afghan Rail Freight

Eltaf Najafizada
Bloomberg
China has for years had grand investment plans for Afghanistan’s resource riches.

China Rethinks Its Alliance With Reeling Venezuela

Kejal Vyas
Wall Street Journal
Concerns prompted emergency meetings between the Chinese envoy and state companies.

Apple Holds Firm On China iPhone Premium

Doug Young
Forbes
China has become a particularly worrisome market for Apple in the last year.

Surge in Offshore Yuan Borrowing Rate Suggests China Intervention

Saumya Vaishampayan and Lingling Wei
Wall Street Journal
Move by banks in Hong Kong market, likely at behest of PBOC, seems aimed at bets against yuan.

Conversation

09.07.16

The Hong Kong Election: What Message Does it Send Beijing?

David Schlesinger, Melissa Chan & more
On September 4, Hong Kong elected a batch of its youngest and most pro-democratic lawmakers yet. Six new legislators, all under 40, won on platforms that called for Hong Kongers to decide their own fate. The youngest is 23-year-old Nathan Law, a...

Tens of Thousands of Jobs Go as China’s Biggest Banks Cut Costs

Bloomberg
The cuts suggest that employment has peaked at the firms that are the world’s biggest providers of banking jobs.

Chinese Consumers May Be Experiencing ‘iPhone Fatigue’ As Product Launch Nears

Fortune
Convincing shoppers to replace their smartphone is a tougher sell than it used to be.

Goldman Sachs: China Signaling Further Stimulus on the Way

Leslie Shaffer
CNBC
The bank pointed to China’s State Council meeting this week, which discussed plans to streamline the approval process for investment projects.

Volkswagen in Talks to Make Electric Cars in China

Rose Yu
Wall Street Journal
The German car maker has signed a memorandum of cooperation with China Anhui Jianghuai Automobile Co.

Sinica Podcast

09.07.16

Yiwu, a City at the Core of Cheap Chinese Goods

Kaiser Kuo, David Moser & more from Sinica Podcast
Renowned as a trading town during the Qing dynasty, the eastern city of Yiwu again became famous for its markets after China’s economic reforms kicked in during the 1980s. Since then, the metropolis of 1.2 million people has transformed into a hub...

China’s Hunger for Steelmaking Coal Fuels Price Rally

Rhiannon Hoyle
Wall Street Journal
China is increasingly relying on coking-coal shipments from abroad due to a local shortage.

China’s Swoop on Boeing Supplier Points to Aluminum’s Future

Bloomberg
Alcoa Inc., an iconic U.S. producer for more than a century, has shuttered all but one smelter and plans to split itself in two.

China Moves to Ease Foreign Concerns on Cybersecurity Controls

Eva Dou and Rachel King
Wall Street Journal
China will allow Microsoft, Cisco, other foreign tech companies to join the influential Technical Committee 260.

FBI Files Say China Firm Pushed U.S. Experts for Nuclear Secrets

David Voreacos and David McLaughlin
Bloomberg
Summaries of the consultants’ interviews with agents from the Federal Bureau of Investigation were filed this month.

China’s Zika Fumigation Rules Raise Worries for U.S. Exporters

Costas Paris
Wall Street Journal
Companies worry that requirement to fumigate all containers could result in costs, delays.

Is Huawei Doing Enough to Train Local Staff in Africa?

Eric Olander, Cobus van Staden & more
The Chinese telecom giant Huawei recently launched a massive publicity campaign to raise awareness in Africa about what it is doing to train local employees. The company has opened at least five training centers in different countries across the...

Caixin Media

08.22.16

What’s Next for Uber and Didi in China?

New regulations and a blockbuster merger between the industry’s largest players are reshaping the business landscape for China’s car-hailing app companies.And the landscape is widening as car-hailing companies, including Didi Chuxing Technology Co...

Tesla Drops Autopilot Label From Chinese Site after Crash

Peter Campbell
Financial Times
The move comes only days after receiving complaints over the way it markets the technology to potential owners.

Why China’s Plan to Build a New Silk Road Runs Through Singapore

Bloomberg
Cultural ties make city-state key gateway to Southeast Asia.

China Shares Hit Seven-Month High; World Yields Keep Falling

Marc Jones
Reuters
Chinese stocks helped offset news that Japan’s economic growth had ground to a halt.

China’s Coal Towns Are Literally Sinking

Scott Cendrowski
Fortune
Hundreds of thousands are being moved from regions made unsafe from coal companies.

China Pledges to Cut Size of Its Massive Fishing Fleet Due to Serious Threat to Nation’s Fish Stocks

Stephen Chen
South China Morning Post
The government said there were practically “no fish” in the coastal East China Sea.

Environment

08.11.16

China-Led Development Bank Careful to Cooperate with Critics

from chinadialogue
The Asian Infrastructure Development Bank (AIIB) unveiled its initial batch of projects at its first annual meeting in Beijing in June, giving the go-ahead to investments totaling U.S.$509 million (3.4 billion yuan) and providing an important...

Australia Rejects Bids From Chinese Investors for Electricity Provider

Neil Gough
New York Times
Local wariness toward China’s growing economic influence has risen amid a wave of Chinese takeovers of Australian businesses.

Caixin Media

08.09.16

China's New 'Bad Loan' Managers: Savvy Saviors or Riskier than Ever?

As China's economy slows and defaults rise, 'bad loan' managers say they spot an opportunity to pick up bargains, because lenders are eager to shed toxic debt that might otherwise poison the broader financial system. Yet questions...

Sinica Podcast

08.08.16

Clay Shirky on Tech and the Internet in China

Kaiser Kuo, Jeremy Goldkorn & more from Sinica Podcast
The Internet expert and author of “Here Comes Everybody” gives his take on China's successes and challenges in the online world. In an hour-long conversation Shirky delves into the details and big-picture phenomena driving the globe’s largest...

China Exports Slide on Weak Demand

Mark Magnier
Wall Street Journal
Global uncertainty and headwinds continue to buffet the world’s second-largest economy.

Conversation

08.03.16

What Does Uber’s Retreat Say About the Ability of U.S. Internet Innovators to Succeed in China?

Kaiser Kuo, Angela Bao & more
In early August, news broke that Uber would sell its China business to Didi Chuxing, its largest rival on the Mainland. Uber is just the latest in a series of tech companies—including Google, Twitter, and Amazon, among others—that found the Middle...

Uber’s China Exit

Wall Street Journal
China isn’t big enough for two ride-sharing companies....

China’s Taikang Life Insurance Takes 13.5% Stake in Sotheby’s

Kelly Crow
Wall Street Journal
The life insurance company also expressed interest in possibly nominating directors to Sotheby’s board.

Gig Economy Arrives in China (Officially); Ride-Sharing a Go

New York Times
A Cabinet document sets guidelines for registration, fares, employment of drivers and payments.

A Chinese Millionaire’s $1.3bn Plan to ‘Transform’ Sheffield

John Sudworth
BBC
The deal has the backing of the British government.

Apple’s China Problem Is That Local Phones are Good — and Cheap

Alex Webb
Bloomberg
Apple has lost market share to Huawei and Oppo.

Environment

07.21.16

Chengdu’s Pollution Is Complicated by Taxi Apps

from chinadialogue
Research carried out by Peking University’s Statistical Science Centre and Guanghua School of Management found that Chengdu suffers from air pollution 88 percent of the time—even worse than Beijing at 76 percent.

Pages