Are Alibaba and Tencent Fueling a Tech Bubble? Investors Weigh the Worrisome Question

Polina Marinova
Fortune
Alibaba has spent roughly $1.72 billion buying at least 50 startups and small businesses since 2013, while Tencent has doled out at least $780 million over the same period, according to Nikkei Asian Review.

Conversation

08.03.17

As China Reins in Capital, What Next for Global Trade?

Yu Zhou & Peter Knaack
China’s Communist Party and its leader, Xi Jinping, are tightening controls on overseas spending by the country’s biggest companies and their highly visible billionaire CEOs. The Wall Street Journal reported recently that Xi personally signed off on...

Hong Kong to Be Staging Point for Plan to Draw 100 Billion Yuan of Capital into China’s Bond Market

Karen Yeung
South China Morning Post
China’s government will allow foreign investors to trade in the country’s $9.3 trillion bond market, a vital step in helping to internationalise the yuan and help deepen the capital market.

Billionaire Anbang Boss Prevented from Leaving China

Financial Times
Acquisitive insurer sees plans stymied by financial controls and political infighting.

Chinese Capital Constraints Send Shock through Global M&A

Don Weinland and Javier Espinoza
Financial Times
Outbound deals hit lowest level since 2014 after cash clampdown

Viacom’s Paramount Rejected in Potential $1 Billion Film Deal with China

Claire Atkinson
MarketWatch
Viacom’s Paramount Pictures movie unit has failed to strike a deal with two Chinese groups to receive $1 billion in financing for a fresh series of films, according to several Hollywood sources who spoke to The Post.

Corporate China Hits Global Debt Market Milestone

Jennifer Hughes and Don Weinland
Financial Times
Banks and other corporate borrowers quietly encouraged to raise money offshore

China Probes Bitcoin Exchanges amid Capital Flight Fears

Gabriel Wildau
Financial Times
Investors in the cryptocurrency say they doubt it is being used to transfer large amounts of cash out of China.

China Adds Curbs on Pulling Money Out of the Country

Bloomberg
New restrictions added as authorities seek to prevent a flood of capital outflows from destabilizing the financial system

China’s Latest Debt Crackdown Just Delays More Serious Action

Anjani Trivedi
Wall Street Journal
China’s dilemma: how to manage a huge debt mound while maintaining loose monetary policy

China’s Li Won’t Allow ‘Rollercoaster’ Markets After Brexit

Elias Glenn
Reuters
China vows to contain any drastic changes in the capital market after the global panic....

China’s Movie Industry: All That Glitters Isn’t Gold

Jeongwen Qiang and Chen Lin
Forbes
If we just looked at their success, on the surface, the Chinese film industry appears to be flourishing; but there is some cause for concern.

Caixin Media

08.25.12

Revamping the Landscape of Forex Flow

Capital flows out of China may be accelerating, a phenomenon commonly associated with waning confidence in a nation’s economy. But the foreign exchange regulator says the change is a step in the right direction.In the first six months of the year,...

Reports

04.01.08

A Real Model of Transitional Growth and Competitiveness in China

Leslie Lipschitz, Céline Rochon, and Geneviève Verdier
International Monetary Fund (IMF)
The authors present a stylized real model of the Chinese economy with the objective of explaining two features: (1) domestic production is highly competitive in the sense that an accumulation of capital that raises the marginal product of labor...

Reports

01.26.06

Ending Financial Repression in China

James A. Dorn
Cato Institute
The consequences of China’s financial repression are easy to see. By suppressing two key macroeconomic prices—the interest rate and the exchange rate—and by failing to privatize financial markets and allow capital freedom, China’s leaders have...