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.
Today, Chinaโs State Council unveiled a new set of guidelinesย (in Chinese)ย for reopening higher-risk public locations such as tourist attractions and movie theaters. In short, they...
Chinaโs stated goal of conducting more than 40 orbital space launches across 2020 appears to have suffered a major setback with the failure of the countryโs workhorse rocket, although the countryโs crewed space program took a step forward.
Shanghai Disneyland was the first of Disneyโs theme parks to close on January 25ย amid the COVID-19 pandemic. Beginning next Monday, May 11, it will be...
Yesterday, our newsletter included a summary of a Reuters storyย titled โU.S. drafts rule to allow Huawei and U.S. firms to work together on 5G standards.โ...
As Facebookโs planned payment system, Libra, flounders, China has become the first country to test an official digital currency that could make such financial transactions faster and easier in the future. But when will it actually launch?
Canadian athleisure brand Lululemon has upset Chinese consumers after its global art director, Trevor Fleming, promoted a โBat Fried Riceโ shirt on his personal social media account. While Lululemon quickly apologized and fired Fleming, many Chinese internet users have called for a boycott of the apparel retailer.
โThe Peopleโs Bank of China [PBOC] will become the first central bank to launch its own digital currencyโ
Lว Guรณqรฌng ๆๅฝๅบ and Yรบ Yรบ ไฟๆธ co-founded Chinese ecommerce platform Dangdang.com as a couple in 1999. They announced their separation last year, amid a divorce saga that has gripped the Chinese internet. Dangdang is currently under Yuโs control, and the company has alleged that Li seized its official seals by force over the weekend in an attempt to regain the throne after the high-profile breakup. In China, official seals, sometimes called chops, are the equivalent of the CEOโs signature: Whoever has the seals is in control of the companyโs legal affairs.
The China Project illustration by Derek Zheng Chinaโs National Bureau of Statistics gave its bleakest-ever data releaseย (in Chinese) last week, showing a Q1 GDP year-on-year...