China Business & Economy

A Chinese Entrepreneur’s Plea for Rationality

Workers walk out from a construction site at the Central Business District of Beijing, China Tuesday, Jan. 20, 2015. China's economic growth slowed to 7.4 percent last year, the weakest expansion in more than two decades. The numbers released Tuesday, are still miles ahead of growth rates in major industrialized economies, but represent a sharp decline from double digit growth in previous years. That adds to pressure on the country's communist leaders as they try to prevent a sharper slowdown in 2015 while overhauling the economy. (AP Photo/Andy Wong)
Workers walk out from a construction site at the Central Business District of Beijing, China Tuesday, Jan. 20, 2015. Guo Xueming, a Chinese entrepreneur, laments the political environment that stunts a healthy investment climate. (AP Photo/Andy Wong)

Chinese entrepreneur Guo Xueming shares his experience partnering with Japanese business investors in China. This is a direct translation of his account posted to his...

  • File photo of workers on the assembly line at the Sino-French joint venture Dongfeng Peugeot-Citroën Automobile (DPCA) plant in Wuhan, China. On it’s own, China lags behind in the development of automobile engines. (Peter Parks/AFP/Getty Images)

    How Communism Stifles Innovation

    Research shows that the political ideology of communism restricts innovation, which is the panacea for economic growth and long-term prosperity today. In broad strokes, the... Read more

  • The headquarters of investment bank JPMorgan at Chater House in Hong Kong. (Philippe Lopez/AFP/Getty Images)

    ‘Princeling’ Hirings Complicate Business in China for Global Banks

    Citigroup Inc., one of the largest global banks, announced it is under investigation by the U.S. Securities and Exchange Commission (SEC) for hiring candidates based on... Read more

  • Gordon G. Chang author of "The Coming Collapse of China," in New York on Sept. 30, 2015. (Benjamin Chasteen/Epoch Times)

    Gordon Chang: ‘China Is Going to Go Into Free Fall’

    China expert Gordon Chang is best known for his book “The Coming Collapse of China,” which he wrote in 2001. In it, he predicted that... Read more

  • Anbang Insurance Group's headquarters in Beijing, March 16, 2016. (AP Photo/Andy Wong)

    Chinese Insurers Could Face Liquidity Crunch in 2017

    Beijing’s recent decision to crack down on activities of Chinese insurance companies could push insurers toward riskier asset investments and create a liquidity crunch within... Read more

  • Shoppers walk pass a Cartier store in Beijing, Aug. 25, 2015. (Kevin Frayer/Getty Images)

    Chinese Luxury Goods Market Stabilizes

    Luxury shopping is back in vogue in China. Sales growth increased year-over-year for the first time since growth stalled after Chinese communist leader Xi Jinping... Read more

  • Pakistani and Chinese workers sit on an excavator as they leave the newly built tunnel in northern Pakistan's Gojal Valley, on Sept. 25, 2015. The project is part of China's ambitious One Belt, One Road initiative. (Aamir Qureshi/AFP/Getty Images)

    China’s One Belt, One Road is a Gamble for Banks

    China’s “One Belt, One Road” initiative seeks to makes infrastructure investments in more than 60 countries across Asia, Africa, and Eastern Europe. But it also... Read more

  • A worker checks the production in the packaging section of the newly opened Lego factory in Jiaxing, Zhejiang Province, China, on Nov. 24, 2016. (JOHANNES EISELE/AFP/Getty Images)

    China’s Economic Divergence

    Every decade or so in the United States, the financial sector decouples from the real economy, like what’s happening currently: GDP growth is tepid, job... Read more

  • A driver uses his smartphone to pay the highway toll using Alipay, an app of Alibaba's online payment service, at a toll station on the Hangzhou-Ningbo Expressway in Hangzhou, China.
(STR/AFP/Getty Images)

    China’s Internet Banking Sector a Key Source of Growth—and Risk

    By most accounts, China is the global leader in internet banking and financial technology (fintech) investments. Fintech’s relevance in China will be on full display this... Read more

  • A Bitcoin display at a store window in Hong Kong on Aug. 13, 2016. 

    China Bitcoin Crackdown Continues

    China was like the Wild West for the electronic currency Bitcoin. As China took first place in producing and trading bitcoins, Chinese could do whatever they... Read more

  • A user posing with an iPhone showing an installed New York Times app on Jan. 5 in Beijing. (Fred Dufour/AFP/Getty Images)

    A Gap in the Great Firewall: Mobile Apps

    China’s “Great Firewall” has been central to the Communist Party’s strategy of controlling what residents can and cannot browse online. Websites ranging from search engines,... Read more

  • Chinese migrant workers wait in a bus as they leave after their shift at a construction site on Dec. 9, 2014 in Beijing, China. It is estimated that there are more than 40 million construction laborers in China, many of whom come from smaller centers to the country's larger cities to find work. (Kevin Frayer/Getty Images)

    China’s Chronic Economic Crisis

    During the boom years, analysts just had to guess whether the Chinese economy would be growing at 10 percent or 12 percent. As more details... Read more

  • China's President Xi Jinping delivers a speech at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2017.  (FABRICE COFFRINI/AFP/Getty Images)

    Xi Jinping Defends China’s Golden Goose in Davos

    It was the first time a Chinese regime leader attended the elite gathering at the World Economic Forum (WEF) usually reserved for die-hard capitalists, not the leaders... Read more

  • The AMC Empire 25 in  New York, on Aug. 23, 2016. (Samira Bouaou/Epoch Times)

    Chinese Set Record for US Investments, but Face More Resistance Ahead

    Chinese investments in the United States reached a new record of over $45 billion in 2016—three times the previous year’s total. Planned M&A (mergers and... Read more

  • Cargo trucks drive through a container pool at a seaport in Qingdao in eastern China's Shandong province in this file photo. Canada aims to do more business with China amid a rising wave of protectionism. (Chinatopix via AP) 

    Gauging China for Canadian Business as Protectionism Rises

    While protectionist sentiment is on the rise, Canadian businesses are being encouraged to do more with China, which appears to be in stark contrast to... Read more

  • A customer walks past a statue of Ronald McDonald on display outside a McDonald's restaurant in Beijing on July 31, 2014. Fast food giant McDonald's said in a statement Monday, Jan. 9, 2017 it is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in a deal worth up to $2.1 billion. (AP Photo/Andy Wong, File)

    McDonald’s Sells China Business in Deal Worth up to $2.1B

    HONG KONG—Fast-food giant McDonald’s is selling a controlling stake in its China business to a group of investors led by state-owned Chinese conglomerate Citic in... Read more

  • Entrance of Chinese peer-to-peer (P2P) lender Ezubao is seen in Hangzhou, Zhejiang province, on Dec. 17, 2015. Ezubao, once China's biggest P2P lender, was uncovered as a massive Ponzi scheme. (STR/AFP/Getty Images)

    Chinese P2P Lending Bubble Quietly Bursts

    Boom-to-bust cycles come and go quickly in China. Chinese peer-to-peer (P2P) lending growth slowed significantly in 2016, as a leading P2P lender was caught in... Read more

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