Beijing is making a spectacle of Capvision, whose shareholders and investors include a network of remarkably high profile and state-connected individuals and companies. Why?
In the corner of the Shanghai office, three heart-shaped balloons float silently over rows of empty desks. Laptops sit half-opened, full cups of coffee beside them, and jackets hang on chairs.
The images, shown earlier this month on China’s state broadcaster, China Central Television (CCTV), imply that the office had been teeming with activity just hours before, but that the employees had to leave in a hurry. With interviews from anonymous whistleblowers and uniformed state security officer
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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.