Tag Archives: China

Andrew Ross Sorkin Google does very little business there. McDonald’s has agreed to sell its business and license its name there. Coca-Cola, after investing heavily, sold its bottling unit there. Where is “there”? China, of course. At a time when many United States companies have been beating a path away ...

Farhad Manjoo STATE OF THE ART A year ago, the Federal Bureau of Investigation made an extraordinary demand of Apple. To get inside a dead terrorist’s iPhone, law enforcement officials wanted the company to create a hackable version of the software that runs all iPhones. To many legal experts, it ...

BEIJING — China’s president, Xi Jinping, has opened a public campaign to deepen his grip on power in a coming leadership shake-up, using a huge military parade on Sunday, speeches and propaganda, along with a purge in the past week, to warn officials to back him as the nation’s most ...

SHANGHAI — Let the West worry about so-called black swans, rare and unexpected events that can upset financial markets. China is more concerned about “gray rhinos” — large and visible problems in the economy that are ignored until they start moving fast. The rhinos are a herd of Chinese tycoons ...

SHANGHAI — Facebook is the world’s largest social network, with more than two billion users. LinkedIn was sold to Microsoft for $ 26 billion last year. And Apple is Apple, the most valuable company in the world. In most local markets, it would be a surprise if any one of ...

[unable to retrieve full-text content] Across the country’s cities, the rapid growth of mobile payments is making cash all but obsolete. NYT > Business Day

BEIJING — Some of China’s largest companies may pose a systemic risk to the country’s banks, a senior banking official said on Thursday, in the latest signal that Beijing is ratcheting up scrutiny of a financial system plagued with hidden debt that poses a hazard to the health of the ...

DAPU, China — The small boy could no longer recognize the sound of his mother’s voice. Bony and pale, vanishing beneath a winter coat, he spoke mostly in grunts and screams, the language of his malady. He stumbled as he walked, never certain of the ground beneath him. Wang Yifei, ...

[unable to retrieve full-text content] Buoyed by the success of car and bike-sharing companies and fueled with ready cash, Chinese start-ups are entering what some consider a sharing bubble. NYT > Business Day

HONG KONG — Sören Schwertfeger finished his postdoctorate research on autonomous robots in Germany, and seemed set to go to Europe or the United States, where artificial intelligence was pioneered and established. Instead, he went to China. “You couldn’t have started a lab like mine elsewhere,” Mr. Schwertfeger said. The ...