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.
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...
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.
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...
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...
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.”
Outbound deals hit lowest level since 2014 after cash clampdown
China’s financial regulators appear to have grown increasingly concerned in recent weeks about the pace of the renminbi’s depreciation
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...
The offer is one of the largest unsolicited approaches of a foreign company by a Chinese buyer.
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...
The shift mainly stems from the weakness in the dollar and the government's effort to stop people from sending money out.
It's dangerous for higher leaders regarding internal party credibility as much as the broader public.
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...
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...
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...
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...
