The Unigroup Bargaining Chip
Alibaba is the frontrunner to take over Tsinghua Unigroup, the debt-saddled semiconductor manufacturer.
The Refrigerator Revolution
A look at appliance brand Haier Group and how Chinese companies have come to dominate the industry.
Trust Games
The Chinese corporate bond market was designed for lending convenience, not the legal practicality of retrieving money. But with potential defaults by Suning and other...
Microsoft’s Long Past and Uncertain Future in China
A look at Microsoft’s China business, including what’s left and the concessions it has had to make in order to stay.
The Corps of Xinjiang
Without understanding the Xinjiang Production and Construction Corps (XPCC), it is impossible to understand modern day Xinjiang. Understanding the XPCC, however, is no small feat.
A Year of ‘Crackdowns’
In 2020, Jack Ma gave a provocative speech that reportedly contributed to the regulatory actions against Ant Group. A lot has happened since.
Game Over
The guanxi game has defined China's modern business culture — and no one played it better than Xu Jiayin, the CEO of Evergrande. Now, however,...
CATL’s Super-Charged Trajectory
How CATL came to dominate the EV-battery market, and how it has positioned itself to reap rewards from the coming boom in renewable energy.
The Evergrande Cliff
Why did Chinese authorities allow the country’s largest developer to reach the brink of collapse?
Ping An and the Wen Family
Tracing how the stakes of Wen Jiabao's family were concealed in the now-infamous Ping An deal.
China’s Shell Game
How China’s offshore companies are registered, and what purpose they serve, has long been misunderstood by analysts and economists. But documents in the Pandora Papers,...
Italy’s Drone Drama
In 2018, an Italian drone company was 'secretly' sold to two Chinese state-owned enterprises. But how much of a secret was it really?