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Uber Positions Its China App as More than a Ride-Hailing Service

Megan Rose Dickey
TechCrunch
Uber’s new vision for China includes two new offerings, UberLIFE and Uber + Travel, which will roll out across China this year.

When Walt Went to China

Charles Clover
Financial Times
Disney’s theme park in Shanghai promises a ‘rain of renminbi’—but also fuels paranoia about American cultural dominance.

China and South Korea Sound Notes of Caution

Jane Perlez and Chris Buckley
New York Times
The People’s Daily said the British vote could indirectly unsettle China’s economy in the short term but was unlikely to leave deep, lasting damage.

Predictions For Post-Brexit China-UK Business

Klaus E. Meyer
Forbes
We have to look at the motives of Chinese investors in Europe.

The British Brexit Vote Is Awful News for China

Josh Horwitz and Heather Timmons
Quartz
Behind Xi’s opposition to the UK leaving is China’s difficult trade situation with the European Union.

Why the Stakes Are So High for China in South Sudan

Eric Olander, Cobus van Staden & more
Nowhere else in Africa do China’s financial, diplomatic, and geopolitical interests confront as much risk as they do in South Sudan. Beijing has invested billions of dollars in the country’s oil sector, deployed over a thousand troops to serve as U...

For LinkedIn China, Microsoft Deal Is a Complicated Connection

Alyssa Abkowitz
Wall Street Journal
The professional networking site has found success in China, while its new owner has faced challenges.

Chinese Economic Cyber-Espionage Plummets in U.S.

Joesph Menn, Jim Finkle
Reuters
U.S. network security companies notice a 90 percent decrease in Chinese hackers, as promised by the Chinese government....

Find-a-Journalist App Highlights Murky Media Practices in China

Pei Li
Wall Street Journal
The app connects companies seeking publicity and journalists interested in pocketing some extra cash.

China Coalminers Seek New Debt Terms

Lucy Hornby
Financial Times
Some of China’s largest state-owned coalminers are asking banks to relax payment terms on loans, as a profound slump in prices devastates China’s coal heartland.

China Orders 255 Shanghai Industrial Facilities to Shut for G20

Meng Meng and Chen Aizhu
Reuters
The document, issued by the Shanghai Environment Protection Bureau, has ordered a wide range of companies to shut down for 14 days ahead of the G20 meet in Hangzhou.

Nephew of China’s Former Domestic Security Tsar Jailed for Graft

Megha Rajagopalan
Channel NewsAsia
Zhou’s family has been ensnared in President Xi Jinping’s crackdown on corruption, a broad campaign that has felled officials at all levels of government including many of Xi’s top political opponents.

Environment

06.16.16

Can Cement Clean Up Its Act?

from chinadialogue
Cement is the most widely used substance on the planet after water. It is also one of the most polluting—producing between 5-8 percent of global greenhouse gas emissions, more than twice that attributed to aviation. Cement’s carbon footprint...

Alibaba Faces Backlash Over Promises on Counterfeits

Kathy Chu
Wall Street Journal
E-commerce giant has said it would spare no expense in cracking down on sellers of fake goods on its sites; Ma’s latest comments irk brands.

China Business Climate Draws Fire From U.S. Treasury Secretary

William Mauldin
Wall Street Journal
U.S. Treasury Secretary Jacob Lew says “high-standard bilateral investment treaty” would strengthen climate for U.S. businesses in China.

Liverpool Takeover: State-Backed Chinese Group Want to Buy Club From Fenway For £700m

Simon Hughes
The group, SinoFortone, has already explored the potential of building a new stadium in the dockland area of Liverpool.

Uber Rival’s $28 Billion Valuation Shows Size of China’s Ride-Sharing Market

Paul Mozer and Michael J. de la Merced
New York Times
Recent fund-raising rounds in the ride-sharing market show that China is one of the most expensive markets in the world.

Disney's China Fairytale Begins With $5.5 Billion Park Opening

Adam Jourdan
Reuters
The park is a bet on China's middle class and booming domestic tourism...

Disney CEO Iger Says China Has ‘Incredible Potential’

Paul Traynor
ABC
The 5.5 billion dollar theme park is designed to be “distinctly Chinese”.....

Didi Chuxing, China’s Rival to Uber, Scores $7 Billion in New Funding

Juro Osawa
Wall Street Journal
The nation’s biggest ride sharing company succeeds in latest fundraising effort....

Disney Shares Keys To Magic Kingdom With China

David Barboza and Brooks Barnes
New York Times
A much needed partnership leaves the Communist Party with final say in everything from admssion price to ride design....

China Evicts Hundreds To Make Way For Disney Park

CBS News
Shanghai residents and businesses are displaces with little to no compensation....

China, Hong Kong Shares Fall as Global Investors Flee Risky Assets

Samuel Shen and Nathaniel Taplin
Reuters
Investors fretted ahead of this week's central bank meetings and Britain's referendum on whether to remain in the EU...

Insurance Firm China Life Puts $600M into Didi Chuxing Months after Backing Uber

Jon Russell
TechCrunch
It provides an equity investment of $300 million, and a separate “long-term debt investment” of RMB 2 billion ($305 million).

In China, Disney Aims to Keep Security Behind the Scenes

James T. Areddy
Wall Street Journal
With 330 million people only hours away, crowd control is paramount at new Shanghai Disneyland Resort.

U.S. Throws China Off High-Speed Rail Project

Te-ping Chen
Wall Street Journal
China state media says XpressWest’s move is irresponsible.

China’s Deal Makers Have German Tech Firms In Their Sights

William Wilkes
Wall Street Journal
Chinese investors are buying German companies at about one per week in 2016....

L’Oreal Is Setting A Dangerous Global Precedent By Bowing to China Over Free Speech

Vivienne Chow
Quartz
Lancome cancels concert to appeal to the mainland, sacrificing freedoms for their parnerships....

Are European Companies Falling Out of Love With China?

Holly Ellyatt
Beijing has left 41 percent of European companies pessimistic and re-evaluating their China operations—including through headcount reduction....

Industrialization in Africa: Ethiopia Wants to Become the New ‘Made in China’

Eric Olander, Cobus van Staden & more
There’s a pretty good chance that some of the clothes you’re wearing, the shoes on your feet, and even the device you’re using to read this were made in China. Even as its economy slows, China remains the world’s factory, churning out billions of...

Caixin Media

06.06.16

Uncertain Future for China’s Market Status Bid

It’s been 15 years since China joined the World Trade Organization, and yet China is still waiting for the WTO to grant it market economy status. During this period, some Chinese businesses have expanded overseas while others have been accused of...

China’s Factory to the World Is in a Race to Survive

Bloomberg
President Xi wants Guangdong to set an example in his goal of moving away from the cheap-labor export model to an innovation-and-consumption-based one.

Bitcoin, Meet China. May You Have Many Happy Days Together.

Kevin Drum
Mother Jones
Most trading in bitcoin takes place in China: Huobi and OKCoin, two Chinese exchanges, are thought to account for more than 90% of transactions.

Record Showing for China on 'Power Women' List

BBC
The US dominated the list with 51 women represented, while China was second with nine women listed.

U.S. Chides China on Steel Glut, Treatment of Foreign Companies at Annual Talks

Simon Denyer
Washington Post
The U.S.-China Strategic and Economic Dialogue in Beijing is overshadowed by growing trade friction and the dispute over the South China Sea.

China's Smartphone Billionaire Forges Alliance With Microsoft For Patent Portfolio

Robert Olsen
Forbes
Xiaomi is buying about 1,500 patents from Microsoft to support its international expansion.

United Flies Further Into China

Susan Carey
Wall Street Journal
Direct flights into second-tier cities from the U.S. is made possible because the U.S.-China air treaty doesn’t include as many limits on the number of flights to secondary cities.

Media

05.31.16

Will China’s ‘Taobao Villages’ Spur a Rural Revolution?

from chinadialogue
The province of Shanxi, in northern China, is famous for coal mining, and the industry’s impact is etched across the landscape. But the province’s southern counties, which lie near the Yellow River, are known for a very different commodity—red dates...

Depth of Field

05.31.16

Families, Weddings, and Beekeepers

Ye Ming, Yan Cong & more from Yuanjin Photo
This month’s Depth of Field column brings the stories of Chinese adoption; the marriage ceremony of Hu Mingliang and Sun Wenlin, a gay couple who filed the first civil rights marriage lawsuit to be accepted by a Chinese court (they lost); beekeepers...

Everything You Ever Wanted to Know About the Chinese in Africa But Were Too Afraid to Ask

Eric Olander & Cobus van Staden
The Chinese presence in Africa has been so sudden and so all-encompassing that it’s left a lot of people confused. Chinese farmers now compete for space and customers in Lusaka’s open-air markets, Chinese textiles are undercutting Nigerian...

China's Richest Man Just Picked a Fight With Disneyland

Scott Cendrowski
Fortune
Wang Jianlin’s Wanda Group is also building amusement parks.

Conversation

05.24.16

How Much Debt Is Too Much in China?

Yukon Huang, Houze Song & more
In the first quarter of 2016, Chinese debt rose to 237 percent of GDP—a level comparable to that of the U.S. or the Eurozone and yet much larger than that of most developing economies, according to analysis by The Financial Times. Additionally,...

Abandoning TPP Free-Trade Deal Would Give China Free Pass: Chamber of Commerce

Matthew Belvedere
If America backs out of the Trans-Pacific Partnership, free trade allies in the region may turn to China.

China’s Midea Group Announces Bid for Germany’s Kuka

Kane Wu and Eyk Henning
Wall Street Journal
The offer is one of the largest unsolicited approaches of a foreign company by a Chinese buyer.

Caixin Media

05.17.16

Government Forces Big Pharma to Swallow a Bitter Pill

China’s latest round of healthcare market controls could be a bitter pill for multinational pharmaceutical companies that now, after years of what some call easy profits, are adapting to a tougher business climate.The National Health and Family...

Real-Estate Lawsuits Surge in China

Esther Fung
Wall Street Journal
Undelivered homes drive some buyers to sue while developers seek refunds on land.

Conversation

05.16.16

Escalation in the South China Sea

Julian G. Ku, M. Taylor Fravel & more
International tensions are rising over the shipping lanes and land formations in the South China Sea. Last week, the People’s Liberation Army Air Force scrambled fighter jets in response to a U.S. Navy ship sailing near the disputed Fiery Cross Reef...

Three Myths about China in Kenya

Apurva Sanghi and Dylan Johnson
Brookings Institution
Despite many problems, China’s involvement in Kenya is a net positive, as most trade relations in the world tend to be.

Tim Cook Visits China in Hopes Beijing Will Take Another Bite of the Apple

Eva Dou
Wall Street Journal
The visit comes as the company’s prospects in its second largest market appear to be souring.

Why Chinese Agriculture Engagement in Africa is Not What it Seems

Eric Olander, Cobus van Staden & more
The Western and African media have long fueled the myth that Chinese investors are buying up vast tracts of land across Africa as part of a neo-colonial plan to export food back to China. Sure, on one level, the theory appears plausible: China has...

Apple Raises Bet on China as It Faces Scrutiny From Beijing

Paul Mozur and Mike Isaac
New York Times
Apple invests $1 billion in a Chinese ride-hailing app to show the Chinese government it is interested in supporting local business.

Environment

05.13.16

Why China's Nuclear Exports May Struggle to Find a Market

from chinadialogue
China’s nuclear power industry has eyed up a big push to export its technologies as countries around the world consider low-carbon alternatives to coal.But despite an increasingly clearer field for Chinese nuclear exports—mainly because of the woes...

Apple's Uphill Battle with China Is a Reminder That There's No Such Thing As "Borderless" Tech

Mark Y. Rosenberg
Quartz
Tech companies will have to invest more resources in political risk control.

The $Mog Economy: Bottled Air Takes off as a Big Business in China

Joanna Chiu
Mashable
Moses Lam was an overworked mortgage broker when he started selling bags of air from Canada on eBay as a joke.

China, Taiwan Add Tourists to Their Squabbles

Ben Blanchard and Faith Hung
Reuters
"China is using its tourists as a bargaining chip against Taiwan's new government," said Lu Shiao-ya, chief of the National Joint Association of Tourist Buses...

Huya Bridges China's Novel Drugs With Overseas Markets

Jane Ho
Forbes
When Mireille Gillings, founder and chairman of Huya Bioscience International first visited China in 2004, she saw a niche that could grow.

The Latest U.S.-China Trade Spat Is over Chicken

Charles Riley
CNN
The Obama administration has accused China of unfairly blocking U.S. poultry imports, the latest in a series of election-year trade disputes between Washington and Beijing.

Facebook Wins China Trademark Case

Tom Mitchell
Financial Times
Such cases involve a Chinese company registering a high-profile Western name to benefit by forcing the company to either buy it back or take the matter to court.

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