This week, CEO Wang Jianlin missed the opportunity to become the richest man in China when the much awaited Dalian Wanda IPO turned out to be a damp squib and Xiaomi was valued at $45 billion, way higher than Uber.
The sharing economy has threatened traditional industries in the West in the last few years. Now it’s gaining a foothold in China.
Carnegie Endowment’s Yukon Huang offers a new perspective and demystifies some popular notions about China, such as fears about the real estate bubble.
This week, all eyes were on the Chinese economy growth figures, the lowest since 2009; and and Tesla stunned company watchers by opening a store on Tmall.
Anbang Insurance’s purchase of New York’s iconic Waldorf Astoria Hotel stunned many, but it’s only the tip of the Chinese outbound investment iceberg. In the first of our series on Chinese outbound investment, we take a look at the biggest real estate purchases made by Chinese companies.
A look at the China data that you should care about: from net outflows of non-foreign direct investment to the marketshare of various search engines like Baidu, Sogou and Google. Also, a look at the the decline in telecom services revenue and the acquisitions done by China’s tech companies. Bonus bit: China’s skyscraper building frenzy. If there is ever […]
Land sales contribute significantly to local government financing in China as well as provincial GDP targets. But this is both unsustainable and problematic. A look at the situation and the kind of reform that needs to kick in. Last month, China launched a national audit of the “land-transferring fees” collected by local governments in the […]
How serious is air pollution in China and how is the country addressing it at a policy level? Also, what kind of business opportunities is this creating? A comprehensive look. If you live in China, chances are the one thing you’d be most concerned about is the level of PM2.5 in the air. PM2.5, or particulate matter […]
This week, China PMI index (Purchasing Managers Index) showed a slight improvement as did the Shanghai Composite Index; Microsoft likely to face anti-monopoly charges; and Tesla changes its stance on charging stations. Numbers You Should Know Even as the world is still taking in all the economic data released by the US this week, here […]
The aging population in China needs a housing solution. So what’s stopping the industry from booming? Since the beginning of 2014, Jim Biggs has been living in a brand-new residential facility for senior citizens with dementia. He’s just 54 years old, and has no problem with his memory. Biggs, the managing director of Honghui Senior […]