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.
Chinaโs largest silicon chip maker, SMIC, is essential to Chinaโs quest to become technologically independent from the U.S. It is set to raise an eye-popping sum of money with a new listing on Shanghaiโs Starย Market on July 16.
The British government has reversed its earlier decision to open a narrow door to 5G technology from Chinese telecom giant Huawei. By the end of 2020, purchases of Huawei 5G equipment will be banned, and all of the companyโs advanced technology will be stripped from British networks by the end of 2027.
Appleโs most important supplier is investing big in India as the U.S.-China trade war stresses supply chains.
Former trash collector Huang Guangyu became Chinaโs richest man by building an electronic appliance empire. Then he was jailed for 10 years for โillegal business dealings.โ He emerged from jail in June with his fortune intact, thanks to his wife, Du Juan, who took the helm and fought off anyone who tried to dilute her husbandโs ownership of the company.
Could the collapse of TikTok in the American market come even faster than its meteoric rise? Secretary of State Mike Pompeo and now President Trump have said the U.S. government is โlooking atโ banning the app because of its Chinese ownership.
Chinaโs government is hyping the concept of โnew infrastructureโ โ the massive deployment of 5G, industrial internet, and networked everything. What exactly are Beijingโs plans, and will U.S. sanctions on Huawei and other Chinese firms put the kibosh on them?
After 12 years in prison for insider trading and bribery, entrepreneur Huรกng Guฤngyรน ้ปๅ ่ฃ (aka Wong Kwong-yu) was released on parole on June 25. Formerly China's richest man, Huang's electrical appliance retailer GOME saw its stock price surge 17.39% on the day of his release.
TikTok is now the only China-based app to gain significant traction overseas. As a result, its experience serves as a natural experiment in how foreign regulators react to such a situation.
Nanjing woman uses airlines own shortcomings against them to pocket $420,000 over five years.