breadcrumb

  • Home
  • Business
Page View

Business

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.

Caixin Media

05.09.16

Yao Ming’s Biggest Game: Hoops Reform in China

Retired basketball superstar and Shanghai Sharks team owner Yao Ming is finding efforts to reform China’s professional sports environment a lot tougher than a slam dunk.The former Houston Rockets center, who hung up his high tops in 2011, is trying...

Conversation

05.05.16

How Should Global Stakeholders Respond to China’s New NGO Management Law?

Sebastian Heilmann , Thomas Kellogg & more
A new law gives broad powers to China’s police in regulating and surveilling the activities of foreign NGOs in China. The law would require foreign groups including foundations, charities, advocacy organizations, and academic exchange programs to...

Books

05.05.16

Alibaba

Duncan Clark
In just a decade and half, Jack Ma, a man from modest beginnings who started out as an English teacher, founded and built Alibaba into one of the world’s largest companies, an e-commerce empire on which hundreds of millions of Chinese consumers depend. Alibaba’s $25 billion IPO in 2014 was the largest global IPO ever. A Rockefeller of his age who is courted by CEOs and Presidents around the world, Jack is an icon for China’s booming private sector and the gatekeeper to hundreds of millions of middle class consumers.Duncan Clark first met Jack in 1999 in the small apartment where Jack founded Alibaba. Granted unprecedented access to a wealth of new material, including exclusive interviews, Clark draws on his own experience as an early adviser to Alibaba and two decades in China chronicling the Internet’s impact on the country to create an authoritative, compelling narrative account of Alibaba’s rise.How did Jack overcome his humble origins and early failures to achieve massive success with Alibaba? How did he outsmart rival entrepreneurs from China and Silicon Valley? Can Alibaba maintain its 80 percent market share? As it forges ahead into finance and entertainment, are there limits to Alibaba’s ambitions? How does the Chinese government view its rise? Will Alibaba expand further overseas, including in the U.S.? Clark tells Alibaba’s tale in the context of China’s momentous economic and social changes, illuminating an unlikely corporate titan as never before. —HarperCollins{chop}

China Bondholders Lose Their Beijing-Bailout Confidence

Jasper Moiseiwitsch and Carol Chan
Wall Street Journal
Investors’ long-held assumption that the government would step up for state-run companies is shaken.

The New Qualification for China’s Tech Elite: Goldman Sachs

Wei Gu
Wall Street Journal
Alibaba affiliate Ant Financial set to hire banker Douglas Feagin, latest in a string of Goldman alumni at Chinese Internet firms.

China Investigates Baidu After Student’s Death From Cancer

Austin Ramzy
New York Times
Chinese regulators have begun an investigation into the Internet giant Baidu due to misleading medical advertising.

Apple No Longer Has Exclusive Rights to The "iPhone" Name in China

Zheping Huang
Quartz
Apple lost a trademark suit against a Chinese company, which now has right to make and sell leather products branded “IPHONE.”

China Wants to Own Small Stake in Web Firms

Li Yuan
Wall Street Journal
The Chinese government’s control over the Internet could get even tighter, with regulators floating a proposal for the state to take 1% stakes in major Chinese Internet.

China Sales Slide Eats Into Apple Revenue

Eva Dou
Wall Street Journal
Revenue from Greater China fell $4.3 billion, but iPhone sales in India picked up.

After Years of Big 3 Dominance, China Is About to Get a Fourth Telco

C. Custer
Tech in Asia
In an unexpected move, CBN is issued a telecom operator license, allowing it to compete with China Mobile, China Telecom, and China Unicom.

Chinese Official Calls Trump 'Irrational' on Trade

David Shepardson
Reuters
Chinese Finance Minister Lou Jiwei criticized Trump for his proposal that tariffs on imported Chinese goods be increased to up to 45%.

Caixin Media

04.18.16

Chinese Electric Vehicle Manufacturer BYD’s Image Hurt by Scandal Involving Dealer’s Suicide

China’s largest electric vehicle manufacturer, BYD Auto Co., is under intense scrutiny following the death of a Nanjing auto dealer who accused the company of bilking a government subsidy program and a Caixin probe suggesting the charge may have...

China’s Growing Appetite for African Real Estate

Eric Olander, Cobus van Staden & more
Amid a prolonged economic downturn and a weakening yuan, Chinese investors have turned their focus to buying overseas assets. While there are a number of complicated reasons behind the massive capital outflows over the past 18 months, the fact...

Conversation

04.12.16

Should Internet Censorship Be Considered a Trade Issue?

Bethany Allen-Ebrahimian, Susan Shirk & more
A new report from the Office of the United States Trade Representative lists, for the first time, Chinese Internet censorship as a trade barrier. The possible implications are complex: it could strengthen the hand of U.S. businesses, but also stands...

Caixin Media

04.12.16

Chinese Telecoms Gear Maker ZTE Fighting U.S. Export Ban

The second-largest maker of telecoms gear in China is scrambling to get off a U.S. export blacklist that threatens to dry up supplies of critical components.“The investigations are still in progress, and may result in criminal and civil liabilities...

Rising in the East

Holly Williams
CBS News
China's film industry has grown so big so fast, that it is now looking to compete with Hollywood...

U.S. Adds China’s Internet Controls to List of Trade Barriers

Paul Mozur
New York Times
The limits have posed a significant burden to foreign suppliers, hurting both Internet sites and users who depend on them for business.”

China’s Homegrown Rival to Uber Valued at Over $25 Billion

Juro Osawa, Kane Wu and Rick Carew
Wall Street Journal
Beijing-based Didi Kuaidi Joint Co. is close to completing its latest funding round to raise more than $1.5 billion.

China Steps up Panama Papers Censorship after Leaders' Relatives Named

Tom Phillips
Guardian
It's dangerous for higher leaders regarding internal party credibility as much as the broader public...

China Says Business Spats with Myanmar Can Be Resolved

Ben Blanchard
Reuters
China is pushing Myanmar's new government to resume the controversial dam scheme through friendly talks...

China Tightens the Trade Screws on North Korea

Associated Press
China has banned most imports of North Korean coal and iron ore, the country's main exports...

Conversation

04.06.16

China in the Panama Papers

Andrew J. Nathan, Bill Bishop & more
The overseas wealth of several relatives of senior Chinese leaders has come to light in an International Consortium of Investigative Journalists (ICIJ) report, part of the analysis by a group of media outlets of more than 11 million documents leaked...

When It Comes to Luxury, China Still Leads

Christopher Horton
New York Times
A younger and more sophisticated generation of shoppers is emerging, who are educated, well-traveled and tech-savvy.

The Rise of Entrepreneurship in China

Edward Tse
Forbes
The entrepreneurial spirit runs deeper than just in business. It manifests itself in the government and in the desires of ordinary people.

Media

04.05.16

Chinese Censors Rush to Make ‘Panama Papers’ Disappear

David Wertime
On April 3, the Washington, D.C.-based non-profit International Committee of Investigative Journalists dropped what struck many as a bombshell: news that a leaked trove of 11.5 million previously secret files from Panama-based law firm Mossack...

China’s Most Aggressive Dealmaker Started at Home, Now Reaches Overseas

Joe McDonald
Associated Press
Ren Jianxin recently offered a $43 billion bid for Swiss agrochemical giant Syngenta.

Depth of Field

04.03.16

Meet ‘Depth of Field’: The Month’s Best Chinese Photojournalism

Yan Cong, Ye Ming & more from Yuanjin Photo
Welcome to ChinaFile’s inaugural “Depth of Field” column. In collaboration with Yuanjin Photo, an independent photo blog published by photographers Yan Cong and Ye Ming on the Chinese social media platform WeChat, we will highlight new and...

A Dull Roar from a Hungry Chinese Lion

Brooke Sutherland
Bloomberg
Chinese construction companies loaded up on machinery as part of a massive stimulus package. With a slowing economy, developers face mountains of debt.

Great Leap Upward: Behind China's $100 Billion Shopping Spree

Matthew Campbell and Jonathan Browning
Bloomberg
It reflects an effort by the government to encourage Chinese companies to gain know-how and market share through foreign transactions.

When China Sneezes, Does Africa Catch a Cold?

Eric Olander, Cobus van Staden & more
Chinese government officials have been on an all-out public relations offensive across Africa lately to reassure increasingly nervous political and business leaders that even though China’s economy may be slowing it will not affect the P.R.C.’s...

Environment

03.29.16

Xinjiang Ban on Glacier Tourism Ignores the Bigger Problem

from chinadialogue
The Xinjiang government has banned tourists from glaciers under the 13th Five-Year Plan in order to try and save the far northwestern province’s fast-disappearing ice caps. Home to China’s largest glaciers, the Xinjiang province has seen its...

China Banks Face Credit Risks from Ties to Wealth Management Products

Leslie Shaffer
While WMPs offer high interest rates, it isn't always clear what assets the funds are buying to finance those payouts...

Media

03.15.16

Taiwan’s New Direction

Eric Fish from Asia Blog
In January, Taiwan’s voters handed the traditionally pro-independence Democratic Progressive Party (DPP) a landslide victory, giving it control of both the parliament and presidency for the first time ever. The victory came at the expense of the...

Caixin Media

03.11.16

With GE Deal, Haier Fulfills an American Dream

A U.S.$5.4 billion deal for General Electric’s home appliance division is about to propel China’s largest appliance maker, Haier Group, into the long-dreamed-for high-end market in America.The sale, announced in mid-January but now awaiting...

U.S. Curbs China's ZTE Exports Over Iran Business Allegations

Joel Schectman and Susan Heavey
Reuters
A new U.S. export restriction against ZTE is likely to disrupt its sprawling global supply chain.

China Could Beat Hollywood by 2017

Bloomberg
The country’s box-office sales are growing an average of 34 percent a year.

China’s Richest Man Wang Jianlin Urges Beijing to Motivate Officials for Economic Growth

Mandy Zuo
South China Morning Post
Wang told an audience at Oxford University that inaction by some officials stemmed from “flaws in systematic design.”

Michelle Yeoh on 'Crouching Tiger 2,' Girl Power, and Anti-China Trump

Jan Yamato
Daily Beast
Crouching Tiger, Hidden Dragon 2 still tells a very Chinese tale.

Conversation

02.23.16

How Long Can China’s Internet Thrive if the Rest of the World Gets Shut Out?

David Schlesinger, Jeff South & more
Last week, Chinese authorities announced that as of March 10, foreign-invested companies would not be allowed to publish anything on the Chinese Internet unless they have obtained government permission to publish with a Chinese partner. What does...

Top Tips from China's Richest Man, Wang Jianlin

Sophia Yan
CNN
His recent book claims to give an inside look into his managerial philosophy and the values that turned his company into a giant conglomerate.

Features

02.18.16

The Bamboo Bicycles of Chengdu

Sascha Matuszak
The shift in how Chinese prefer to get around means salespeople in China have to market bicycles as fashion accessories, rather than as reliable modes of transportation. This is where colorful custom-made fixed gear bicycles come in. Hipsters from...

Pages