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.
Even with harsh border restrictions between the U.S. and China, Elite Education’s IPO indicates that demand for overseas education remains resilient among Chinese youths.
Heart disease is an enormous health problem for China, and represents a huge market for medical companies like NewMed and its competitor Hanyu Technology.
“Chinese companies want to play a role in international society and economy, and in order to do so, you need to understand the rules of the global stage. CSR sustainability and ESG are part of these rules,” says Peiyuan Guo, co-founder of Beijing-based sustainability investing and consulting firm, SynTao.
To reach carbon neutrality by 2060, China will need to develop its domestic green finance industry, attract international investors, and improve its overseas investments, particularly within the Belt and Road Initiative.
Sina Corporation, one of the original Chinese internet firms to join Nasdaq, has now gone private, even as its social media site, Sina Weibo, remains listed. Many Chinese companies are considering alternatives to U.S. capital markets amid U.S.-China tensions.
After the Communist Youth League of China resurfaced a letter from last year by Swedish fashion retailer H&M disavowing Xinjiang cotton over forced labor concerns, Chinese social media is in an uproar. H&M’s China business will likely suffer serious financial repercussions.
Indebted Suning wants to independently IPO the retail chain it bought from French hyperstore giant Carrefour just 18 months ago.
The Internet of Things (IoT) includes everything from roads that sense weather conditions to fridges that order replacement food items automatically. Investors are betting on a big future for the technology and welcomed Chinese IoT firm Tuya Smart’s IPO.
Pinduoduo is now China’s largest ecommerce platform by annual active users, surpassing Alibaba.