Commentary In less than eight years, Xi Jinping has established himself as the core leader and his political ideology is enshrined into the Chinese Communist Party (CCP)’s constitution. This not only places Xi above his predecessors Jiang Zemin, Hu Jintao, and Deng Xiaoping, but he is also catching up with Mao Zedong’s legacy. However, now […]

The latest Foreign Investment Review Board (FIRB) annual report recorded that Chinese investment into Australia has continued its downward trend with a 44 percent drop. The United States remains in first place as the largest source for investment in Australia, followed by Canada, Singapore, Japan, and China in fifth. The annual report, published on May 4, […]

SHANGHAI—A court in China has publicly named the only son of Wang Jianlin, the chairman of private conglomerate Dalian Wanda and one of the country’s richest men, as a debtor owing at least 150 million yuan ($21.5 million), a news website reported. China’s Supreme Court published a notice on its website saying that a court […]

HONG KONG—Embattled Chinese conglomerate HNA Group has denied accusations of embezzlement and financial irregularity made by a rival group of shareholders in Hong Kong Airlines (HKA) as the two sides fight for control of the struggling carrier. The allegations were made by Zhong Guosong and Frontier Investment Partner who between them control 61 percent of […]

The head of Alibaba Group Holding Ltd.’s video streaming platform Youku has stepped down and been arrested as part of a corruption case, the company said Dec. 3. Yang Weidong, who has been with Youku since 2013, is being investigated by Chinese police and was arrested on Dec. 3, according to the company. “(Yang) is […]

The chairman and founder of Chinese tech giant Alibaba Group Holding Ltd. has announced his plans to step down, in a letter released by the company on Sept. 10. Jack Ma, 54, will retire next year on Sept. 10, passing the baton to current CEO Daniel Zhang. Alibaba operates one of China’s biggest e-commerce platforms, is responsible […]

Chinese billionaire Wang Jianlin’s Dalian Wanda Group is exploring a deal to cut its stake in AMC Entertainment Holdings, the world’s largest cinema operator, people familiar with the matter said. The move is the latest sign of how Wanda, one of China’s largest real estate conglomerates, like many of its Chinese peers, is under pressure […]

China coins its political system “socialism with Chinese characteristics.” Despite preserving the name “Chinese Communist Party,” the current Chinese Party/State is purely fascist by any dictionary definition of fascism. That fact warrants our attention. The fascist intent is clearly backed by the Chinese regime’s Chief Justice Zhou Qiang who explicitly rejected during the 19th Party […]

China’s top leaders have agreed to help debt-laden conglomerate HNA raise funds, Bloomberg reported on June 15, citing people familiar with the matter. A senior official at the People’s Bank of China on Tuesday led a meeting with three regulators, the Hainan provincial government, HNA‘s co-chairman Chen Feng, and the company’s biggest creditor, asking the attendees to support HNA‘s […]

In comparison with those of Western economies, China’s countermeasures against the 2008 financial crisis were more drastic. While in the United States the balance sheet of the banking system increased by $4 trillion in the years after the global financial crisis, the balance sheet of the Chinese banking system expanded by $20 trillion in the […]

The chairman of China’s largest privately-held energy company is being investigated by Chinese authorities, according to a just-published expose by Caixin, a Chinese business magazine. CEFC China Energy, an oil and financial services conglomerate with assets around the world, was established by Ye Jianming in 2002. The company has since engaged in shady business practices […]

All signs point to an even tougher 2018 for China’s financial sector.

Since Chinese Communist Party (CCP) leader Xi Jinping appointed a new official to head the Party’s internal anti-graft watchdog organization, there has been a lot of media speculation about what direction Xi’s anti-corruption campaign will take over the next five years. Now, after the watchdog made personnel changes at three major financial institutions in less […]

The world’s most populous country will witness a leadership transition this week. Observers are watching closely to predict what the political and economic repercussions could be for China’s future. Once every five years, top officials in the Chinese Communist Party (CCP) convene in Beijing to unveil who will become the ruling elite of China. At […]

Chairman Mao Zedong’s ruthless running of China might have come to a premature end if he had had a less capable right-hand man than Premier Zhou Enlai. With Zhou around to help consolidate power, purge internal rivals, and play the suave diplomat, Mao stayed influential in the Chinese regime until his death in 1976, despite […]

The deputy head of China’s state asset manager, and the world’s largest controlling company, was recently arrested for corruption. The move may spell trouble for the official’s longtime benefactor, a high-ranking member of a faction that opposes China’s current leader Xi Jinping. Zhang Xiwu, deputy director of the State-owned Assets Supervision and Administration Commission (SASAC), […]

Chinese investments in the United States reached a new record in 2016, more than tripling the previous year’s. However, the pace of investments has begun to cool in 2017, following a crackdown in China on capital outflows. In reaction to massive capital outflows and the resulting downward pressure on the Chinese currency, Beijing tightened its […]

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 acquisitions) activity and the U.S. economic outlook suggest that 2017 may be another boom year. But with the changing political climate, Chinese investment may not be all that welcome anymore. […]

NEW YORK—Jared Kushner, President-elect Donald Trump’s son-in-law and one of his closest advisers, is taking steps to distance himself from his sprawling New York real estate business in what is the clearest sign yet he is planning to take a position in the new administration. Kushner, who is married to Trump’s daughter Ivanka, must clear […]

NEW YORK—Several of the best-known names in travel are now united in one hotel company. Marriott International closed Friday morning on its $13 billion acquisition of Starwood Hotels & Resorts Worldwide, bringing together its Marriott, Courtyard and Ritz Carlton brands with Starwood’s Sheraton, Westin, W and St. Regis properties. In total, 30 hotel brands now […]

After the dust settles and the data comes in, it’s always easier to explain why markets do what they do. One year ago, U.S. markets tanked because China surprised everyone with a mini-devaluation of its currency and a clear indication it will further liberalize foreign exchange markets.  This led to massive private sector capital outflows, and the People’s […]

China’s currency and foreign exchange reserves have been front page news since the start of 2016 because they impact Western stock markets and economies. After bleeding almost $100 billion in January to defend the value of its currency against the U.S. dollar, speculating the yuan would fall became a one-way bet. “Extreme credit growth usually […]

The flow of outbound investment from China to the rest of the world soared in 2015. With rising economic problems at home, Chinese companies now prefer assets in developed markets like the United States. Chinese investments in the United States reached a new record level of $15.7 billion in 2015, up 30 percent from last year, according […]

New York's hotel sector has been booming for years, however too many hotel rooms coming online makes the business outlook gloomy.

The flow of outbound investment from China to the rest of the world continues to soar in 2015.

Chinese buyers have become the most aggressive foreign investors in New York City, surpassing Russians in volume and mass.

NEW YORK—The first hint that mainland Chinese money flowing into New York City real estate may be slowing appeared in survey of the Real Estate Board of New York’s (REBNY) Broker Confidence Index released Thursday, July 30. The survey rates broker confidence in the city’s real estate market for the next six months. While confidence […]

For wealthy Chinese, the price doesn’t matter, whether it's luxury goods or New York real estate.

As USCIS deals a backlog of mainland Chinese EB-5 investor petitions, the wealthy may need another route to escape Xi Jinping’s anti-corruption campaign.

The true story, the elemental facts about Tibet's size, its minerals, lumber and water, and the strategic advantage gained by its capture, is lost.