Behind the scenes, China’s most celebrated and its most notorious billionaires were linked through investments worth at least $1 billion.
Category: China
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The Billionaire Criminal Who Secretly Profited Off Jack Ma’s Deals
Confidential documents show that Xiao Jianhua, a corrupt investor tied to China’s political elite, backed the country’s most successful and revered entrepreneur.
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How Elon Musk’s Companies Might Benefit From Donald Trump
Space, electric vehicles, artificial intelligence: The tech mogul could influence policy in these areas and others should Donald Trump win re-election.
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China’s Leaders Offer High Hopes, but Few Details for Road to Recovery
Top officials emerged from a high-stakes meeting about lifting the economy out of its malaise with few signs of a fundamental rethink.
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China Is Holding a Major Meeting on the Economy That You Can’t Watch
President Xi Jinping will preside over a conclave to draft a new economic program. The stakes are high, but expectations for big changes are modest.
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China’s Economy Slows as Housing Troubles Squeeze Spending
After a strong start to the year, spending has weakened as a real estate downturn weighs on consumers and companies. Communist Party leaders are meeting this week to discuss what to do about it.
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China Reaches Record Trade Surplus, Raising Alarm Abroad
China’s factories have begun an export blitz, prompting worries around the world about the effect on economies elsewhere.
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Fraud Case Against Rich Exile Who Riled Beijing Goes to Jury
Guo Wengui fled China and allied with the American right in a quixotic quest to end Communist rule. U.S. prosecutors say he stole over $1 billion from his followers.
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U.S. Creates High-Tech Global Supply Chains to Blunt Risks Tied to China
The Biden administration is trying to get foreign companies to invest in chip-making in the United States and more countries to set up factories to do final assembly and packaging.
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Europe Tells China’s Carmakers: Get Ready to Pay Tariffs
The European Union took the next step toward collecting heavy tariffs on electric vehicles, ahead of a final decision in October.