CALB — lithium battery giant CALB with state defense ties — has lackluster IPO
What should have been a hot public offering in a hot battery sector barely made even. It’s a tough environment and these are tough times for Hong Kong IPOs. Even for companies backed by state-owned Chinese defense equipment companies.
Here’s what you need to know today:
- New U.S chip rules could be very bad, for American and Chinese firms
- How Taiwan is preparing for a war that may never come
- Taiwan defense, Apple supply chains, and more — News Briefing for October 5, 2022
- Rent a BYD car in Europe and more — Business Briefs from the Chinese media for October 5, 2022
- The future of China’s lithium battery industry is in Sichuan Province
Featured articles
How to defend yourself against Chinese economic coercion — Q&A with Bonnie Glaser
Bonnie Glaser has a lifetime of experience researching and advising the U.S. government on trans-Pacific geopolitics, security, and defense. I asked her all about the global anxieties China and the U.S. are causing around the world, how close we are to a war over Taiwan, and much more.
Shanghai Fashion Week returns to in-person shows: Here’s what happened
As Shanghai Fashion Week draws to a close, we look back at some highlights from China’s biggest fashion event.
‘The Hotel’: Wang Xiaoshuai returns to his roots in pandemic film
"The Hotel" was created when director Wang Xiaoshuai and his friends found themselves stuck in a Chiang Mai hotel during the onset of COVID-19. Unfortunately, the characters' experiences will fail to resonate with the many in China who have lived through lockdown.
‘Overreach’: What happened to the U.S.-China relationship?
“[China] brought the backlash on themselves,” Susan Shirk writes in her new book, “and they have done it by overreaching.”
Business & Technology Spotlight
Chinese parents increasingly trust and buy local infant formula brands
The infamous 2008 melamine milk scandal severely damaged the confidence of Chinese consumers in local baby milk powder brands, but a new generation of homegrown companies now dominates the market.
EV startup Leapmotor is listing in Hong Kong, but its prospects are precarious
Chinese electric vehicle (EV) manufacturer Leapmotor has made low-end cars since it launched in 2015. As the company seeks to enter the mid- to high-end market, will the new IPO funds just disappear in a forlorn struggle for profitability?
Can Chinese brands take on Germany’s high-end home appliances?
German high-end brand Gaggenau Hausgeräte just opened its first store in China.
Sign up for the ChinaEdge newsletter
Get China business & capital market updates in a 2-minute daily brief, plus deep links to our comprehensive company database.
Video from The China Project
The cutthroat race to build cutting-edge chips | Live with Lizzi Lee
Chris Miller, associate professor of international history at the Fletcher School, talks about whether China’s massive push to build chips at home can catch up with the United States’s lead.
Featured Categories
Business & Technology
- CALB — lithium battery giant CALB with state defense ties — has lackluster IPO
- The Chinese start-ups working on developing smart cities
- Doing business in China, from a cultural perspective
Foreign Affairs
- Will higher oil prices and Russian military weakness shift Xi’s position on Putin?
- Sinica live in London, with legendary BBC presenter and China editor Carrie Gracie
- How Taiwan is preparing for a war that may never come
Society & Culture Spotlight
Sign up for the ChinaVibe newsletter
Get a humanized look at Chinese society and culture by subscribing to ChinaVibe, a free weekly newsletter.
China’s sprawling world of web fiction
China is producing and consuming the largest amount of web fiction in the world, with an estimated 20 million full-time, part-time, and dabbling writers. The grind is hard, and the conditions can be exploitative, but those who do it are on the vanguard of a reading revolution.
Ultimate Frisbee soars in China — as a fashion sport
For years, China's small but dedicated Ultimate Frisbee community has been trying to grow the sport in incremental fashion. Last year, quite suddenly, Ultimate exploded in popularity — but for reasons no one could have predicted, with results that not everyone likes.
50 days in Shanghai lockdown
Cameron Wilson lives in Pudong District, Shanghai. He has been locked down in his residential compound for nearly two months. Here’s the diary of a man — and a city — slowly losing his mind.
be/longing: Asian Americans Now
In celebration of that and in recognition of the many achievements of our community, The Serica Initiative is delighted to share that our five-part digital series be/longing: Asian American Now, co-produced with PBS’s flagship station in New York, is now available.
Editors' Picks
Why do China books all look the same?
The color red, dragons, cropped Asian faces…when it comes to presenting China, book publishers often rely on a set of familiar tropes — to the detriment of the authors and the genre.
A comprehensive mirror: Two years of This Week in China’s History
Marking the second anniversary of "TWICH."
In search of spirit in China’s wild west
Through history, culture, and contemporary China: A motorbike trip from Xi'an to Dunhuang.
SupChina TV, Season One — The China Project
A roundup of SupChina's new shows on TikTok and YouTube — for your binge-watching pleasure.