Chinese Capital Controls Hit Silicon Valley Tech Investors

Leslie Hook
Financial Times
Chinese technology investors in Silicon Valley are being thwarted by the country’s capital controls, in a sign of the unintended consequences of Beijing’s move last year to curb cash outflows.

Chinese Investment is Reshaping Africa’s Manufacturing Sector

Eric Olander, Cobus van Staden & more
Author Irene Yuan Sun argues in her new book that Africa is poised to become the world’s next manufacturing hub, boosted by Chinese investment and production expertise. With costs steadily rising in the People’s Republic of China, more and more...

China’s Crackdown on Money Fleeing the Country Looks Like It’s Working

Sophia Yan
CNBC
China’s giant cash pile is increasing—and it’s a sign that the government’s industry-spanning crackdown on money fleeing the country is working.

U.S. Cinema Chain AMC's Shares Plummet 25% on Profit Warning in Latest Setback to China's Wanda Group

Jane Li
South China Morning Post
Troubled Chinese real estate conglomerate Dalian Wanda Group has received another setback after shares of its U.S. cinema subsidiary, AMC Entertainment Holdings, plummeted 25 percent on Tuesday after it issued a profit warning for the second quarter.

Debt-Ridden Chinese Giant Now a Shadow of Its Former Size

Keith Bradsher
New York Times
The Han Show here in central China was supposed to turn the city of Wuhan into a leading tourist destination, with a dazzling spectacle of lights, water jets and acrobats by the former creative director of Cirque du Soleil. But the custom-built 2,...

Top Senate Democrat Urges Trump to Block China Deals over North Korea

Susan Heavey
Reuters
The top Democrat in the Senate on Tuesday called on President Donald Trump to block Chinese investments in the United States in an effort to pressure China “to help rein in North Korea’s threatening and destabilizing behavior.”

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

China, Seeking to Stop Weakening of Currency, Issues Restrictions

Neil Gough
New York Times
China’s financial regulators appear to have grown increasingly concerned in recent weeks about the pace of the renminbi’s depreciation

Caixin Media

06.30.16

Chinese Investment in Euro Soccer Soars to Meet President’s Goals

Chinese companies are buying soccer teams across Europe, echoing the Beijing government’s ambitious plan to turn the nation into a soccer powerhouse.The powerhouse plan, which has backing from President Xi Jinping, has led to nine deals inked by...

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.

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...

China Stanches Flow of Money Out of the Country, Data Suggests

Keith Bradsher
New York Times
The shift mainly stems from the weakness in the dollar and the government's effort to stop people from sending money out.

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.

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...

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...

Caixin Media

09.22.15

Chinese Contractor Finds Project in Bahamas Is No Day at Beach

A giant luxury resort planned on a beach outside the Bahamas’ capital, Nassau, that is supposed to be a showpiece to help China’s largest construction company tap the U.S. market has become a headache for both its builder and a lender.The resort was...

Chinese Investment in Africa: Surprisingly Small, but Growing Fast

Eric Olander, Cobus van Staden & more
It’s a widespread misconception that just because China is Africa’s top trading partner, it’s also the continent’s largest foreign investor. In fact, China ranks seventh overall in FDI, far behind the United States, long Africa’s largest source of...

Caixin Media

08.11.15

Auditors Probe Sinopec, Savvy Broker in Angola

Government auditors are taking a closer look at U.S.$10 billion worth of offshore oil investments by state-run China Petroleum & Chemical Corp. (Sinopec) that owe their existence to a Hong Kong businessman with a flair for networking in the...

Conversation

01.27.14

China’s Offshore Leaks: So What?

Paul Gillis & Robert Kapp
Two recent stories by the International Consortium of Investigative Journalists detailed China’s elite funneling money out of China to tax havens in the Caribbean. We asked contributors to weigh the impact of the revelations.