He defied Beijing. He owes creditors billions. His U.S. car company is a mess. Can his latest crazy pitch keep him from ruin?
Illustration by Aaron Sacco
Jia Yueting insisted on driving the car himself. The Chinese entrepreneur knew that the 2017 Consumer Electronics Show in Las Vegas could make or break his startup electric vehicle company, Faraday Future. After three years of planning and designing, Faraday was finally unveiling its first car, a sport utility vehicle called the FF91. Image mattered to Jia — who goes by the nickname Y.T. — so when it came time to drive the car on stage, he wanted to be behind the wheel.
Nick Sampson thoug
Exclusive longform investigative journalism, Q&As, news and analysis, and data on Chinese business elites and corporations. We publish China scoops you won't find anywhere else.
A weekly curated reading list on China from Andrew Peaple.
A daily roundup of China finance, business and economics headlines.
We offer discounts for groups, institutions and students. Go to our Subscriptions page for details.
European democracies, threatened by Vladimir Putin’s war on Ukraine and Donald Trump’s designs on Greenland, are embarking on historic changes in their defense posture. But China’s grip on the supply of tungsten, gallium and other vital raw materials threatens their plans.
The former official in both of the president’s terms discusses why Trump has become less hawkish on China, and his sudden departure from the administration last year.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.OKPrivacy policy