Business

The Fallout From Ant Group’s Collapsed IPO

Commentary Ant Group, China’s shiniest fintech star, was all set to raise a record-setting $37 billion in an initial public offering—before everything disintegrated in a matter of days. Ant’s IPO blowup shocked all involved parties, except perhaps those within […]

Business

China’s Foreign Exchange Reserves Are Running Out

Commentary The CCP (Chinese Communist Party) has been vaunting about “self-reliance” since its relationship with the United States took a sharp turn for the worse. However, the Chinese economy relies heavily on imported goods including […]

Business

Wave of Factory Closures Hits Shenzhen

After Chinese leader Xi Jinping’s visit to Shenzhen two weeks ago, in which he emphasized the city as an engine to drive up the economy of the Guangdong-Hong Kong-Macau Greater Bay Area, locals have raised concerns to […]

Business

China Evergrande: A Canary in the Coal Mine?

News Analysis China Evergrande, mainland China’s largest property developer by sales volume, has been under pressure lately from investors dumping its stocks and bonds on fears that the company—a bellwether for China’s real estate sector—is in dire […]