The Japanese investment fund has bet heavily on startups in the U.S. and China.
Softbank, it seems, only has two modes: big wins and big losses. The international investment firm suffered billions in high-profile losses over the past year, and then its signature Vision Fund announced its best-ever quarter in September. The Japanese investor has also made big investments in China. This week, The Wire took a step back to see the plethora of investments that SoftBank has made over its nearly four decades — zooming in on some key investments and partners i
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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.