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Hard Knocks

Last summer, when Beijing effectively banned private tutoring companies, an entire industry was wiped out in a single day. Yu Minhong, the CEO of New...

The Nickel Empire

After fluctuations in the nickel market caused Xiang Guangda to lose $8 billion, we take a look at his other big bets.

Security Clearance

Last year, the notorious mercenary Erik Prince stepped down from FSG, the Hong Kong private security company he founded in 2014 that has since been...

The Surveillance Stake

For years, a Chinese company backed by American pension fund money and built by KKR, one of world's premier private equity firms, publicly touted its...

China’s Super Bowl

A look at China’s eSports industry — its size, its benefactors, and how China’s crackdown on gaming might affect its competitive future.