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.
Second hand isn’t so cheap any more, at least not if you’re investing in Chinese platforms for trading in used goods of all kinds. Aihuishou, which focuses on connecting buyers and sellers of used mobile phones and computers, just IPO’d in New York giving the company a value of $3.5 billion.
China makes most of the world’s non-military drones and most of those are made by one company: DJI. But The China Project has found a thriving industry of around 70,000 smaller players making drones, components, and software. Here are the most important players in an industry that is reshaping the 21st century.
Didi Chuxing, the home-grown car-hailing company that ate Uber alive in China, is planning what could be the world’s biggest ever share sale.
Two competing companies that deliver fresh vegetables and other groceries to Chinese consumers announced on the same day that they would fundraise on American markets.
The government wants China’s rural residents, entrepreneurs, and property owners to innovate and alleviate poverty, and it’s telling the banks to start writing checks.
China dominates the global business of consumer and commercial drones, and the buzzing center of this new industry is Shenzhen. The China Project went to this year’s drone expo in the southern city, and this is what we found.
Beijing regulators issued a long-anticipated guideline on tuition fees in the after-school tutoring sector. The message: “Stop blindly expanding.”
China is continuing its ongoing restriction of cryptocurrency business and two recent announcements have added to global worries about the value of virtual money. But China’s cryptoheads are unlikely to change their plans.
Huarong, a state-owned debt management company, indirectly owns shares in almost 80,000 Chinese companies. But as rumors swirl about Huarong's financial health, we need to scrutinize the entirety of China's larger state-owned financial sector.