Business News
Latest business news and updates
Total: 3030
Another Maotai Executive Falls: What Repeated Corruption at China’s National Liquor Giant Reveals
Kweichow Moutai’s finance chief Jiang Yan is under disciplinary investigation, the latest in a string of probes that have ensnared successive top executives at the company. The pattern exposes deep governance challenges tied to Moutai’s quota-driven, high-value market and signals continued central and provincial scrutiny of state-linked corporate elites.
Lifetime Warranties That Don’t Last: How Chinese Automakers Turned a Trust Signal into a Legal Minefield
Chinese automakers' increasingly common 'lifetime' warranties are being routinely limited or denied through narrow contract terms, service requirements, and administrative loopholes. The practice exposes gaps in regulation and enforcement, undermines consumer trust, and poses reputational and financial risks to manufacturers as vehicles age and failures increase.
China’s Sanitary‑Pad Shakeup: Tougher Standards, Smarter Factories and a Sharper Market
China has introduced stricter national standards for disposable sanitary products that tighten size tolerances, update absorbency tests, close safety gaps on chemicals, and mandate process controls. The rules accelerate factory automation and testing, favour large brands and domestic equipment makers, and are likely to prompt consolidation and higher‑quality — and higher‑priced — products over the coming years.
How a Taiwanese Milk‑Tea Brand Became a $2 Billion Exit: The Gong Cha Story and What It Means for Beverage Capital
TA Associates is marketing Gong Cha with a possible valuation near $2 billion, which would net the firm about $1.7 billion after a 2019 purchase of roughly $288 million. The brand’s global franchising success contrasts with sharp setbacks in mainland China, illustrating both the upside of high‑frequency beverage models for private equity and the brand risks that come from loose licensing and weak trademark protection.
Golden Queues: How China’s luxury-gold rally birthed a high‑risk daigou economy
A recent surge in gold jewellery prices in China has spawned a lucrative but fragile daigou (proxy buyer) market. While experienced resellers have made substantial short‑term gains by exploiting store promotions and scarcity, the trade is exposed to fraud, leverage risks and collapsing margins as competition intensifies.
When Viral Popularity Meets Food-Safety Gaps: Sushiro’s Tuna Scandal and the Limits of Fast Expansion
A Beijing customer found suspected parasite eggs in tuna at a Sushiro outlet, prompting regulatory investigation and a disputed compensation offer. The episode has highlighted how social-media-driven expansion and automated processes can leave gaps in food-safety controls across China’s viral restaurant sector.
TCL Says 85‑Inch and Bigger Screens Will Drive the Next Phase of China’s TV Market
TCL’s China president, Lu Chunshui, said at AWE2026 that 85‑inch TVs generated the most revenue for TCL in China in 2025, outpacing 75‑inch sets in value despite lower unit sales. He predicts 85‑inch and larger screens will be the primary source of incremental growth, a trend driven by premiumisation, technology advances and changing viewing habits but constrained by logistics and living‑space realities.
China Tightens Screws on Loan‑Referral Platforms — Consumer‑finance Sector Faces Sweeping Rebuild
China’s financial regulator has summoned five major loan‑referral platforms and issued tighter requirements to licensed consumer finance companies, accelerating enforcement of internet‑assist lending rules introduced in October 2025. The measures force clearer fee disclosure, stricter collection rules and limits on outsourced delinquency management, prompting expectations of asset contraction and a structural reshaping of the consumer‑finance sector.
Moutai’s Finance Chief Placed Under Liuzhi in Supervisory Probe, Exposing Governance Risks
Kweichow Moutai announced that its vice‑general manager, CFO and board secretary, Jiang Yan, has been placed under liuzhi by the Zunyi Municipal Supervisory Commission. The move highlights governance and reputational risk at one of China’s flagship state‑linked consumer companies and could spur further regulatory scrutiny.
China’s Financial Regulator Presses Five Loan‑Referral Platforms to Clean Up Consumer Lending
China’s Financial Regulatory Administration has formally reprimanded five internet loan‑referral platforms, enforcing requirements on marketing, fee disclosure, data protection, collections and complaints mechanisms. The action, the first of its kind since new assist‑lending rules were promulgated, signals a regulatory shift from policing banks to regulating the platforms that originate and market consumer credit.
China’s Market Watchdog Orders Tighter Cross‑Market Oversight as Two‑Session Priorities Filter Down
China’s securities regulator has ordered a coordinated programme of market reforms and tighter oversight as leaders begin the 15th Five‑Year cycle. The CSRC pledged to expand fundraising and exit channels for technology and venture investment while reinforcing cross‑border and cross‑market surveillance and tougher enforcement against market abuses.
China Stocks Slip as Shipping Disruption Spurs Rotation into Fertilisers and Renewables
Chinese A-shares fell on Friday as the Shanghai Composite dropped below 4,100 points and market turnover contracted. A reported shipping disruption in the Strait of Hormuz spurred rallies in fertiliser and wind-power stocks even as broad selling pushed thousands of stocks lower.