logo for print

Stalled Dreams

When China loaned Ethiopia more than $2.5 billion to build a railway, it was cultivating a unique relationship in Africa that it hoped would unlock...

The China Bull

Beijing's recent regulatory actions have erased over $1 trillion of market value from Chinese equities — a disruption that hedge fund billionaire Ray Dalio refers...

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,...

Biotech’s Borders

Ever since being named a strategic priority in 2015, China’s biotech industry has shown remarkable progress. But in order to achieve their global ambitions, Chinese...

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,...