Business News
Latest business news and updates
Total: 2028
Liquid Gold Loses Its Luster: Why Moutai’s Hangover Is Only Just Beginning
Kweichow Moutai recorded its first-ever year of negative growth in 2025, signaling a historic decline for China's premier luxury brand. The downturn reflects a combination of permanent anti-corruption measures, the collapse of the real estate-driven business culture, and a generational shift toward a tech-focused economy.
From Mogul to Marginal: The Dramatic Unraveling of Huayi Brothers
Huayi Brothers, once China's leading private film studio, faces potential bankruptcy after a creditor filed for restructuring over a 11.4 million yuan debt. The company has lost over 8.2 billion yuan since 2018 following years of aggressive expansion and failed diversification strategies.
The Hubris of the High-Leverage King: China’s Property Reckoning Reaches the Courtroom
The trial of Evergrande founder Xu Jiayin signifies the end of China's high-leverage property era and a shift toward criminal accountability for corporate mismanagement. Facing eight charges including fraud and bribery, Xu's downfall reflects the systemic dismantling of the 'Three Highs' business model that once dominated the Chinese economy.
China’s Silver Revolution: Turning a Demographic Crisis into a Professional Asset
China is undergoing a massive policy shift in 2026 to reintegrate retirees into the workforce, moving from a welfare-centric model to a 'silver resource' strategy. Through localized pilots and legal reforms in insurance, Beijing aims to harness the expertise of its aging population to mitigate demographic headwinds without displacing younger workers.
The Great Pivot: Rising Fuel Costs Redraw China’s May Day Travel Map
A surge in aviation fuel costs and geopolitical tensions has triggered widespread flight cancellations ahead of China's May Day holiday. This disruption is forcing a massive shift in travel behavior, as tourists pivot from international destinations to domestic 'alternatives' in Western China and smaller, off-the-beaten-path cities.
China’s Property Glaciers Thaw: First-Tier Cities Lead a Tentative Housing Recovery
China's first-tier cities recorded their first monthly rise in new home prices since 2025, signaling a potential bottoming out of the property crisis. While secondary market volumes in Shanghai and Beijing hit multi-year highs and national inventory began to clear, a sharp divergence remains between top-tier hubs and struggling smaller cities.
A Hard Landing for China’s Humanoid Robot Hype: Zhongdalide’s Earnings Shock
Zhongdalide, a leading Chinese robotics component maker whose stock previously surged 500%, reported a massive 65% drop in Q4 profits, exposing the gap between humanoid robot speculation and actual industrial demand. The company faces deteriorating cash flows and rising inventories even as it attempts to pivot toward overseas markets in Europe and Southeast Asia.
Silicon Giant Cracked: Hoshine’s Three-Billion-Yuan Loss Signals a Reckoning in China’s Green Supply Chain
Chinese silicon leader Hoshine Silicon reported a massive 2.99 billion RMB loss for 2025 due to plummeting material prices and asset impairments. The company is currently navigating regulatory sanctions for disclosure violations and is divesting loss-making chip assets to insiders to manage its rising debt.
Scale Over Profit: Leapmotor’s ‘Survival First’ Strategy as Price Wars Consume China’s Premium SUV Segment
Leapmotor has launched its flagship D19 SUV at a disruptive price point of 21.98 million RMB, emphasizing a 'scale over profit' strategy to ensure survival in China's saturated EV market. The move highlights the company's reliance on vertical integration and aggressive cost-cutting to compete with an expected 40 new flagship models entering the segment by 2026.
Bitcoin Breaks $78,000 Barrier as Global Crypto Momentum Surges
Bitcoin has reached a new height of $78,000, signaling a strong bullish trend in the global cryptocurrency market. The surge, which included a 6% rise for Ethereum, aligns with broader risk-on sentiment currently seen in Asian financial markets.
Crypto Markets Surge as MicroStrategy Leads Institutional Rally Past $77,000
Cryptocurrency markets and related stocks saw significant gains on Friday, led by a 12% surge in MicroStrategy shares and Bitcoin surpassing $77,000. The rally highlights a tightening correlation between spot digital assets and the broader financial infrastructure of exchanges and mining firms.
Beijing Signals Strategic Pivot: PBOC Governor Pan Gongsheng Unveils 'Moderately Loose' Policy at G20
At the 2026 G20 summit in Washington, PBOC Governor Pan Gongsheng announced a shift to a 'moderately loose' monetary policy to support China's 15th Five-Year Plan. He emphasized the need for global macro-policy coordination while attributing global imbalances to protectionism and flaws in the international monetary system.