Chinese companies going global. Global companies capitalizing on the size and growth of the China market. State-owned enterprises. Policy-based state investment. Startup unicorns with Chinese characteristics. There is no shortage of business stories to tell in China.
This has been an annus horribilis for China’s hospitality industry. But hotel executives are looking forward to a recovery in 2023 and predict that mid- to high-end chains will prosper as cheaper hotels and one-property operations increasingly go out of business.
A new batch of vouchers to stimulate consumption is being issued across China. As the country emerges from COVID zero, and with exports, investment, and consumption all down, can the program get China’s economy out of the doldrums?
Huafang Group launched a successful IPO in Hong Kong, but competition in the industry is brutal, regulators are strict, and the future is uncertain.
What does it take to succeed in China’s electric vehicle industry? Money — and lots of it. If 2021 was a great year for new companies like NIO, XPeng, and Li Auto, 2022 has been a breakout year for traditional fuel companies becoming major electric players.
A year after regulators nearly destroyed the business of most of China’s private education and tutoring companies, large incumbent companies are just getting by while startups are failing.
VW is rapidly expanding its electric vehicle business in China with a new joint venture that is about to start production. But Chinese customers are complaining about their faulty battery-powered cars and a problem that has plagued the whole company: buggy software.
A range of Chinese tech security and telecom companies has just been sanctioned by regulators in the U.S., the U.K., and Australia, including Hikvision and Dahua. It seems a sign of things to come.
Thousands of private hospitals have gone bankrupt during the pandemic, and public hospitals are feeling the pain, too. But COVID is not the only disease they’re suffering from.
Full commercialization of flying cars is finally set to become a reality with eVTOL aircraft, and EHang, Geely, and XPeng are at the head of the pack in China. But widespread adoption of the technology is still a long way off.