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.
Wind turbines that make clean electricity need magnets from China and bearings from the West. But the smooth trade in such goods that will be vital for an energy transition away from fossil fuels is under threat.
Keep is no regular sports app. It is more of a social media platform akin to Xiaohongshu, only fitness-focused. But while it achieved early success and continues to harbor big ambitions, it's finding out just how unforgiving the Chinese ecommerce market can be.
China’s economy slipped into deflation in July, with fears that falling prices may limit the scope for new stimulus measures. China may even be on the brink of a period of Japan-style extended stagnation.
East Asian countries like China, Korea, and Japan have significant green ambitions, and while their strategies may appear different at first glance, a closer study reveals sophisticated similarities in their race to transition into an eco-friendly economy.
In racing past Starbucks, Luckin has not only dethroned a foreign brand that’s been synonymous with coffee for more than two decades in China, it has also declared a new chapter of its business as it tries to move on from its scandal-riddled past.
A homegrown extreme ultraviolet light source (EUV), or a less-complex alternative, could enable China to manufacture microchips to compete with those that power iPhones and ChatGPT.
The Cyberspace Administration of China’s latest regulations want to co-opt parents into cutting down on their children’s time online. But this will cut into the bottom lines of China’s tech giants, too.
Chinese wind power companies are huge and so are their turbines, but they are struggling abroad because of import tariffs in Western countries and the sheer size of the gear and the cost of shipping it.
Last week, Beijing released a plan to incentivize entrepreneurs and companies. Today, China’s top economic planning body announced another scheme to encourage private investment in a variety of projects, including public infrastructure.