South Korean businesses have been suffering since early this year after the country angered the Chinese government with the deployment of a U.S. missile defense system. The victims include companies in tourism and retail, but also Hyundai (HYMTF...
Every year in April, Jiang Xingquan sets aside part of his farm in northern China to grow cannabis. The size of the plot varies with market demand but over the last few years it has been about 600 hectares.
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...
Beijing announced its latest arranged marriage by matching the country’s top coal miner with one of its biggest utilities to create a global powerhouse worth $280 billion on China’s Valentine’s Day.
Japan continues standing in the ring with China, exchanging blow for blow as the Asian rivals both compete and cooperate with each other in the creation of the trans-Eurasian mega-project that has been dubbed the New Silk Road.
For years Chinese government officials were followed around the world, at every meeting, by a single issue: the scores of dead elephants across Africa, and the international community that blamed China for this “ivory “holocaust”.
President Donald Trump demanded tariffs against China at a recent White House meeting, according to a new report, dismissing concerns from his “globalist” advisers.
China’s Dalian Wanda issued a stern denial Monday following rumors that company chairman Wang Jianlin had been detained by authorities as he attempted to fly abroad. The unsubstantiated reports caused stocks in Wanda’s hotel group to swoon. “...
Chinese entrepreneurs are looking to explore opportunities in Pakistan, where Beijing has pledged to spend $57 billion on infrastructure projects as part of its “Belt and Road” initiative.
China has come out strongly against new U.S. moves to pressure North Korea with its foreign ministry opposing the “long-arm jurisdiction” of President Donald Trump’s administration, arguing that Beijing has always met international obligations in...
China’s commerce ministry has already expressed “strong dissatisfaction” with the US launch of an inquiry into alleged theft of U.S. intellectual property, calling it “irresponsible”.
China has pitched its mammoth, pan-Eurasian “Belt and Road” infrastructure initiative as a means of promoting economic prosperity and fostering diplomatic ties on a global scale.
President Xi Jinping is spending more than $50 billion in an economic corridor in Pakistan, Afghanistan’s neighbor. The highways and gas pipelines, designed to provide China an alternative land route to the high seas, also give it an interest in...
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...
A Chinese court has ruled that three domestic shoemakers must pay New Balance $1.5 million in damages and legal costs for infringing the American sportswear...
Chinese censorship has come a long way. During his rule in the second century B.C.E., the First Emperor of a unified China, Ying Zheng, famously quashed the intellectual diversity of his day by ‘burning the books and burying the scholars’. He not...
The hulking, brown–brick industrial plants lining the roads were once the backbone of this gritty city. Today, they are outdated and...
China will soon start official operation of the world’s fastest train service, knocking an hour off the 1,318km journey between Beijing and Shanghai.
Ford is in talks to launch fully electric cars for the Chinese market as the US carmaker plays catch up to international rivals in the race to develop battery vehicles.
In this timely and provocative book, James Stent, a banker with decades of experience in Asian banking and fluency in Chinese language, explains how Chinese banks work, analyzes their strengths and weaknesses, and sets forth the challenges they face in a slowing economy.
The United States is in an economic war with China, U.S President Donald Trump's chief political strategist has said, warning Washington is losing the fight but is about to hit China hard over unfair trade practices.
On Monday, Donald Trump returned to Washington from his summer vacation for the public signing of an executive order requesting that the United States Trade Representative begin a review to determine wether the U.S. should...
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.
China reclaimed its position as the top foreign owner of U.S. Treasuries after increasing its holdings for the fifth straight month.
China’s holdings of U.S. bonds, notes and bills rose to $1.15 trillion in June, up $44.3 billion from a...
President Trump signed an executive memorandum Monday afternoon that will likely trigger an investigation into China’s alleged theft of U.S. intellectual property, a measure that could eventually result in a wide range of penalties as the...
A photo—sharing app has appeared on Apple’s App Store in China that looks exactly like Facebook’s Moments app, and analysts say it may be a way for the US tech group to finally break into its most coveted market.
Facebook and many of its apps have been blocked in China for years. To change that, Mark Zuckerberg has made a big point of meeting with Chinese politicians, reading stodgy Communist Party propaganda, studying Mandarin and—perhaps more daunting—...
Over the weekend the New York Times reported (paywall) that Facebook had stealthily released a photo-sharing app in the Chinese iOS App Store translated as “Colorful Balloons.” The news spread rapidly around English-language media, as it marked...
On August 9, U.S. President Donald Trump warned North Korea that if it does not stop threatening the United States, it will be “met with fire and fury and frankly power, the likes of which this world has never seen before.” Just hours later, the...
China has told the Trump administration to tread carefully in a spat over aluminum exports if it wants to avoid damaging the relationship between the world’s two largest economies. The Chinese Ministry of Commerce on Thursday disputed U.S....
Dalian Wanda, the Chinese conglomerate that owns the AMC movie theater chain and nurtures Hollywood ambitions, has sometimes turned to the secretive business network of a politically connected Chinese billionaire in times of need. Now both Wanda...
A month after committing to help WeWork enter Japan, SoftBank is lending a hand to another global unicorn with its sights set on the country. Today, it announced a tie-in that will bring Ofo’s dock-less bike rental service to Japanese soil.
China is willing to take the economic hit of greater sanctions on North Korea, a top official said Monday, as Washington continues to pressure Beijing on the issue.
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.
A patriotic Chinese action film whose tagline is “whoever offends China will be hunted down wherever they are” is poised to become the country’s highest grossing film to date.
It took the StarTimes satellite TV salesman about 30 minutes to install a pipeline for Chinese propaganda into Francis Gitonga’s squat, cinder-block home here in southern Kenya, near Africa’s Great Rift Valley.
A company linked to U.S. President Donald Trump has been granted approval from the Chinese territory of Macau for additional trademarks, including casino services, to develop the “Trump” brand in the world’s biggest gambling center.
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...
Tim Cook has responded to criticisms that Apple is quietly removing apps from the App Store for the Chinese government.
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...
Days after Apple yanked anti-censorship tools off its app store in China, another major American technology company is moving to implement the country’s tough restrictions on online content.
In 2017, the Economic and Development Reform Commission of the Urumqi High-Tech Industrial Development Zone, in the Xinjiang Uyghur Autonomous Region, issued a work plan for the zone. The work plan describes the overall goals of the zone as well...
The White House is preparing to open a broad investigation into China’s trade practices, according to people with knowledge of the Trump administration’s plans, amid growing worries in the United States over a Chinese government-led effort to...
Another big political meeting, another crackdown on Virtual Private Networks (VPNs)—the location-shifting software many in China use to access websites banned by its government, such as Facebook, YouTube and Google.
The BBC understands that as many as 60 VPNs were pulled over the weekend. Apple said it was legally required to remove them because they did not comply with new regulations. It refused to confirm the exact number of apps withdrawn, but did not...
Moody’s Investors Service no longer takes a negative view on China’s banking system, raising its outlook to stable on Thursday as concerns over so-called shadow banking eased.
The US may target Chinese companies as part of new North Korea sanctions, an administration official said this week, even as diplomats are working with Beijing at the UN to reach a new international agreement.
China has temporarily banned beef exports from six Australian meatworks, the Federal Government has confirmed.
China will turn all big companies owned by the central government into limited liability firms or joint-stock firms by the end of 2017, as Beijing looks to make its state-owned giants more nimble as part of broader reforms of the capital markets...
Built on the site of an abandoned clay pit, the Eden Project has never been short of grand vision.
Its iconic biomes house the world’s largest captive rainforest and...
The financial naivety of the public and a collective desire for unfeasibly high returns have helped fuel the proliferation of fraudulent investment schemes in China, according to an academic.
When Zuao Ru Lin, a Beijing entrepreneur, first heard about business opportunities in eastern Iran, he was skeptical. But then he bought a map and began to envision the region without any borders, as one enormous market.
There has been no shortage of headlines proclaiming China’s growing clout in a “new world order” in recent months. This speculation resurfaced after the July G-20 summit, at which the United States reconfirmed its withdrawal from the Paris...
The Chinese Communist Party said on Monday that Sun Zhengcai, a high-flying politician who had been seen as a potential future premier, was under investigation over suspected “grave violations of discipline,” ending his career and raising the...
Last week, United States President Donald Trump suggested that he is considering leveraging tariffs on Chinese steel...
Negotiators involved in the first U.S.-China Comprehensive Economic Dialogue here on Wednesday failed to produce concrete results. The U.S. later issued a statement saying China acknowledged a shared objective to reduce the U.S.’s bilateral trade...
Last week Dalian Wanda sold several theme parks and dozens of hotels for $9.3 billion, marking the end of Wang Jianlin’s dream to defeat Disney (DIS) in China. The billionaire said the deal would reduce his company’s debt burden. It followed...
In Pakistan, there’s no topic hotter than the China-Pakistan Economic Corridor (CPEC), a multi-billion dollar bilateral development project that will officials promised in 2015, “usher in an era of unprecedented progress and prosperity.”
