China Business & Economy

Protectionist Sentiments Swell Between China, West

Flags fly outside headquarters of chip equipment maker Aixtron in Herzogenrath, Germany on Oct. 25. Acquisition of Aixtron was blocked by President Obama last week.
(Oliver Berg/AFP/Getty Images)
Flags fly outside headquarters of chip equipment maker Aixtron in Herzogenrath, Germany on Oct. 25. Acquisition of Aixtron was blocked by President Obama last week. (Oliver Berg/AFP/Getty Images)

A Chinese company’s pending purchase of German chip equipment maker Aixtron SE was blocked by President Obama on the basis of national security concerns Dec...

  • Carolyn Bartholomew, Vice Chairman of the U.S.-China Economic and Security Review Commission, introduces the Commission's 2016 Annual Report to the Congress, on November 16 on Capitol Hill. To her left is Chairman Dennis C. Shea who spoke before her. The bipartisan commission reports to Congress on national security implications and the economic relationship between the U.S. and People's Republic of China. (Gary Feuerberg/ Epoch Times)

    China’s Deeply Flawed Economy Hurting America, Finds Congressional Report

    WASHINGTON—Members of the U.S.-China Economic and Security Commission, an advisory group to Congress on China, are calling for a reconsideration of the United States’ long-held... Read more

  • Chinese retirees walk on the street in Beijing Oct. 16, 2014. (Kevin Frayer/Getty Images)

    China’s Pension Reform Diverts More Money into Risky Assets

    To boost returns and support a growing population of aging pensioners, China is embarking on a plan to centralize management of pension funds and divert... Read more

  • A Chinese investor watches the U.S. presidential election on his smartphone at a securities company in Beijing on Nov. 9. (WANG ZHAO/AFP/Getty Images)

    Trump and China: What Can He Actually Do?

    Immediately after Donald Trump became president-elect, the Chinese yuan fell through key support at 6.80 yuan per dollar, the lowest level since 2010. The market... Read more

  • A woman walks past a Vanke Service Center in Beijing July 6, 2016.
(STR/AFP/Getty Images)

    Plot Thickens for Control of China Vanke as Evergrande Enters Fray

    The ongoing battle for the future of China Vanke Co. Ltd., the world’s biggest residential real estate developer, took a fresh turn as conglomerate Evergrande... Read more

  • Chairman of China's Wanda Group Wang Jianlin in Beijing on Aug. 25, 2016. (FRED DUFOUR/AFP/Getty Images)

    In Conquering Hollywood, China’s Wanda Group Doesn’t Play by the Rules

    The Chinese regime’s growing influence over Hollywood is different from the rise of any other power in any industry. It is not being done through... Read more

  • JPMorgan First Capital offices are seen in Beijing in a file photo. (STR/AFP/Getty Images)

    Credit Suisse Expands China Presence as Foreign Banks Retrench

    Credit Suisse AG is broadening its business in China, a move that puts the Swiss investment bank at odds with foreign rivals, some of which... Read more

  • Customers ride a spiral elevator in a newly-opened shopping mall in Shanghai on March 17, 2015. China's overseas investment appears to be slowing down with the broader economy. (STR/AFP/Getty Images)

    Why China’s Era as a Global ‘Big Spender’ Is Coming to an End

    China’s ambitious overseas capital investment projects, which exceeded US$1.13 trillion at the end of September, are experiencing serious setbacks. According to a recent report, China... Read more

  • A woman heads towards a departure gate at Chek Lap Kok airport in Hong Kong in this file photo. (Christian Keenan/Getty Images)

    China Capital Outflows Are a Vote of No Confidence in Economy

    The Chinese currency, the yuan, is a strange animal. Linked to the U.S. dollar, it hardly moves—but when it does, financial markets get jittery, especially... Read more

  • A driver uses Alipay on his smartphone to pay a highway toll, on the Hangzhou-Ningbo Expressway in Hangzhou, Zhejiang province Sept. 21. (STR/AFP/Getty Images)

    China’s Alipay Seeks to Export Mobile Payments Abroad

    China is the world’s largest and fastest-growing market for mobile payments, and its most popular service is planning to parlay its success abroad. Alipay, China’s biggest mobile... Read more

  • Lynk & Co's upcoming 01 SUV is displayed during its launch event in Berlin, Oct. 20, 2016. (Odd Andersen/AFP/Getty Images)

    Is China’s Geely Building a Car Brand for the Future?

    One of the most ambitious new car debuts in recent memory occurred last week in Berlin. The 01 SUV, from new car brand Lynk &... Read more

  • Deng Xiaoping’s ‘cat theory,’ parodied by the political cartoonist Rebel Pepper. (Rebel Pepper)

    Reflecting on Deng Xiaoping’s ‘Cat Theory’ of Economic Reform

    Editor’s note: China’s rapid economic growth over the past three decades began with a privatization process pushed forward by former Chinese Communist Party leader Deng... Read more

  • The landmark Waldorf Astoria hotel on Park Avenue, New York City, was sold to Beijing-based Anbang Insurance Group for $1.95 billion in 2014. (Spencer Platt/Getty Images)

    The Five Companies Leading China’s Overseas Expansion

    China’s military does not yet have the capability to deploy its power quickly on a global scale. But economically, it’s well on its way. Chinese... Read more

  • A laborer works on the rooftop of the Wanda Reign Wuhan Hotel, in Wuhan, central China's Hubei Province, on Aug. 27, 2013. (STR/AFP/Getty Images)

    China’s Property Craze: It’s Not All Bad

    Mainland Chinese borrowed almost $100 billion in August alone to buy houses. Roughly 70 percent of new loans are mortgages. Prices in Shenzhen and Shanghai are up... Read more

  • An elderly Chinese farmer stands outside her home on farmland backdropped by a new housing development outside Beijing on Nov. 21, 2014. (Kevin Frayer/Getty Images)

    Comparing the Role of Government in the Economies of China and the United States

    The size of China’s government is enormous. By 2007 China’s fiscal revenues had reached 5.1 trillion yuan ($770 billion), which accounted for 21 percent of... Read more

  • Customers and real estate agents look at several building models at a real estate exhibition in Jiashan, Zhejiang Province on Oct. 19, 2012. (AFP/AFP/Getty Images)

    China’s Ponzi Real Estate Market

    China’s real estate market is akin to a Ponzi scheme with the government acting as the dealer, referee, and big player. The market is entirely... Read more

  • A Bank of China branch in the City of London May 13, 2016. Bank of China is one of a number of Chinese banks looking to expand their presence abroad. (Dan Kitwood/Getty Images)

    Follow the Money: Chinese Banks on Course for Global Expansion

    In an effort to curb runaway real estate prices, major banks in Australia—a popular destination for Chinese real estate investors—have stopped lending to foreign property... Read more

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