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What Is Really Happening Behind the US-China Geopolitical Curtain?
For many businesses, financial gain trumps rising diplomatic tensions News analysis For the past two decades, China has been racing against the U.S. to gain momentum and control over the global economy. In an age...
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China’s Billionaire Class Exposed in Hurun’s 2021 Rich List; Bottled Water and New Energy Create Fortunes
The 2021 Hurun China Rich List was announced on Oct. 27 and according to the calculation of wealth, as of Jan. 15, 2021, the wealth of bottled water king, Zhong Shanshan, 67, grew by US$3.9 billion...
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Beijing Asks Evergrande Founder to Use His Money to Pay Back Company Debts
Chinese authorities have asked the founder of Evergrande, billionaire Hui Ka Yan (also known as Xu Jiayin), to tap into his personal wealth to pay back some of the debts of the company. Evergrande has...
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California Supply Chain Crisis Could Be Rooted in Union Labor Dispute
A major supply chain crisis that has left the California coast line littered with dozens of cargo ships as supply shortages plague North America may be rooted in a labor dispute over issues such as...
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P&G Blames Supply Chain Clogs for Price Hike, Sells it as Good News for Stakeholders
Consumer products giant Procter & Gamble (P&G) announced another price hike on consumer goods, blaming supply chain congestion as the main culprit. While the change may be painful for households, shareholders will benefit, according to...
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Pfizer Calls the Shots When It Comes to Government Vaccine Contracts
Pharma giant Pfizer-BioNTech reportedly dictates the governmental vaccine deals it engages in. According to a consumer rights watchdog report, the company has the power to influence governments, supply chains, and consumers. The common theme of...
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Debt-Besieged Evergrande Wins Small Triumph With US$83-Million Bond Payment
With more than $300 billion in outstanding debt, the Chinese real estate giant is by no means out of the woods  Shenzhen-based Chinese real estate company Evergrande narrowly avoided a default on Oct. 21, making...
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Offshore Investors in Trouble as Evergrande Favoring Domestic Obligations
With liabilities of more than $300 billion, China’s Evergrande Group is the one of most indebted property developers in the world. Having failed to make payments on some of its debts, Evergrande is making offshore...
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The Silent Influence of the ‘China Model’ on US Economic Policy
Most analyses of the Chinese economy belong to one of two types: those that come from the venture capital industry and those created by think tanks. The venture capitalists are pessimistic about the Chinese economy’s...