Seven months after Washington unveiled tough curbs, Chinese companies are doubling down on homegrown supply chains and drawing billions in cash from Beijing and investors.
Category: China
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Why China Doesn’t Have a Property Tax
Local governments are sinking further into debt, but after years of talk, officials have yet to introduce a real estate tax.
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The Elusive Fix for China’s Budget Crisis
Property taxes would help local governments that are sinking further into debt. But after years of talk, officials have yet to introduce a real estate tax.
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Hong Kong Wants More Tourists, but Mostly ‘Good Quality’ Ones, Please
The return of budget tour groups from mainland China is sparking frustrations — and a dose of snobbery — in a city starved for business.
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Capvision, a Consulting Firm, is Raided by Chinese Authorities
The investigation of Capvision Partners comes amid increasing scrutiny by Beijing over national security that has sent a chill through the foreign business community.
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HSBC Shareholders Defeat Ping An-Backed Measures
The outcome is a win for the bank in its fight with its largest stakeholder, the Chinese insurer Ping An, which argues HSBC isn’t taking full advantage of its profitable Asia unit.
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Even as China Reopens, Security Visits Spook Foreign Businesses
Fears are growing that the Communist Party’s increasing focus on control over information about markets and companies is behind the questioning of firms.
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Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece
The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
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Congress Clashes With Biden Over Tariffs on Illegal Chinese Solar Panels
In a rebuke to the Biden administration, the Senate approved a measure to reinstate tariffs on solar panels found to violate U.S. trade rules.
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In China, It’s Time to Splurge Again, and the Luxury Industry Is Relieved
The end of pandemic-era restrictions has unleashed a luxury spending rebound in China. Which Western brands are coming out on top?