Tracing how the stakes of Wen Jiabao's family were concealed in the now-infamous Ping An deal.
In 2012, an investigation by The New York Times' David Barboza — now The Wire's editor-in-chief — into the hidden riches of the family of China’s then-premier, Wen Jiabao, revealed that they controlled assets worth at least $2.7 billion. Their holdings included stakes in property companies, banks, jewelers, telecommunications and finance. One investment stood out for the substantial windfall it netted the family: a stake in Ping An Insurance, one of the world’s largest financial services
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 David Barboza, Pulitzer Prize-winning former Shanghai correspondent for The New York Times.
A daily roundup of China finance, business and economics headlines.
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For much of the past two decades, Europe's luxury market has counted on the ferocious appetite of Chinese consumers to bolster its bottom line. But foreign luxury brands are facing a reckoning in China. Not only is China’s economy entering a more uncertain phase, giving consumers pause, but homegrown designers and labels are also gaining ground. The questions now are which European brands can still rely on China, and how China's domestic designers can capture a share of the pie.
The Treasury’s top international official gives an inside-the-room account of the latest talks between Treasury Secretary Yellen and the Chinese leadership, including the U.S.’s efforts to get Beijing to address overcapacity and economic imbalances, how...
A podcast about how the two nations, once friends, are now foes.
Hear why things are so complicated now. Host Jane Perlez, former New York Times Beijing bureau chief, talks with diplomats, spies, cultural superstars like Yo Yo Ma, and more to understand why the dangers are so high, and why relations went awry.