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.
Ant Group knows how its customers spend their money, and can target them for loans if they are profligate spenders. That practice may be about to end, according to a new report on upcoming regulator actions.
Updated October 26: The China Project's tracker of all of China's different crackdowns — now affecting 19 different industries or interest groups.
The government ban on Chinese companies making a profit from extracurricular tutoring has been widely covered by English-language media because it affects listed companies that foreign investors have backed. But an even more ambitious campaign to rein in and transform private primary and secondary schools is underway. What is the government trying to achieve?
Just one day after the Wall Street Journal published an op-ed by hedge fund billionaire George Soros criticizing BlackRock Inc. for its enthusiastic investments in China, the firm announced its latest success: getting Chinese investors to pile into its new mutual fund.
Beijing and Shanghai often come to mind when you think of China's biopharma capitals, but Suzhou - an ancient city mostly known for its cultural heritage - steadily has built a biopharma hub that rivals those two cities.
“Shein” (pronounced Shee-in) is the largest fast-fashion retailer that many have never heard of.
Another day, yet another set of rules to govern China’s internet companies. Today it’s gaming in the regulators’ crosshairs, and the rules will be tough on China’s teenagers.
China has announced a probe into people who have avoided taxes, and has vowed to implement guidelines that were issued in March this year on taxing high-income and high-net-worth individuals. First in the firing line are pop stars and actors.
Did Xi Jinping launch a war on wealth earlier this month when he complained of some people’s “excessively high incomes” and demanded measures to reduce inequality? “No,” say various experts with official ties, who say the government is not planning to rob the rich.