In recent years, Beijing has made efforts to facilitate the settlement of China-Saudi oil trade in renminbi (RMB) rather than in U.S. dollars, a move that would steel China’s trade from financial sanctions and disrupt the global market for oil....
Amazon.com Inc. said it would sell computing equipment used for its cloud services in China to its local partner, Beijing Sinnet Technology Co., in a move analysts said underscores the increasingly chilly atmosphere for foreign companies here....
The firms, among China’s most important tech giants, are overseeing the merger of two companies they back. Chinese delivery firm 58 Suyun is combining with Hong Kong logistics company GoGoVan — both have raised funds from Alibaba, and Tencent...
Think of Germany and it isn’t long before visions of bustling business districts and thriving manufacturing plants spring to mind. It isn’t surprising: it’s these industries that have elevated the country to rank among the world’s leading...
Mergers and acquisitions by Chinese companies in countries that are part of the Belt and Road initiative are soaring, even as Beijing cracks down on China’s acquisitive conglomerates to restrict capital outflows.
These firms' engine isn't profit-making drudge-work selling goods but the art of persuading financiers.
China has seen its foreign reserves depleted for months, but economists don’t agree about why: Is it because Chinese people are buying offshore assets, such as real estate? Because Chinese companies are paying down their foreign debt? Or both? Or...
Chinese authorities' anti-corruption campaign has knocked between 1 percent and 1.5 percent off the country's gross domestic product (GDP).
China has experienced a sharp rise in the inflow of so-called “hot money,” foreign capital entering the country supposedly seeking short-term profits, especially in 2008. Chinese estimates of the amount of “hot money” in China vary from $500...
