Business News
Latest business news and updates
Total: 2031
China’s Trillion-Dollar 'Sleeping' Fund: Why a Housing Safety Net is Falling Dormant
Data from 33 major Chinese cities shows that over 6 trillion RMB is sitting idle in the Housing Provident Fund due to a cooling property market and low consumer confidence. Policymakers are now scrambling to reform the system by expanding coverage to gig workers and increasing fund flexibility to prevent the scheme from becoming an obsolete pool of stagnant capital.
The Spirit of Control: Kweichow Moutai Reclaims Its Pricing Power Amid Market Deflation
Kweichow Moutai has implemented its first synchronized ex-factory and retail price hike in eight years, signaling a major strategic shift toward direct-to-terminal sales. The move aims to stabilize the brand's perceived scarcity and protect the broader luxury spirits market from a deflationary spiral.
China’s Subway Squeeze: Why the Era of Big City Metro Expansion is Hitting the Brakes
China has significantly raised the bar for new subway approvals, forcing even major tier-one cities to scale back their expansion plans. This pivot reflects a broader strategic shift toward fiscal discipline as the 'Metro + Property' financing model collapses under the weight of the real estate crisis and a shrinking national population.
Old Milk, New Problems: Why a Livestreaming Scandal Threatens One of China’s Most Storied Dairies
Tianjin-based Haihe Dairy is facing a reputation crisis after a third-party distributor’s livestreaming error exposed the fragility of its digital expansion strategy. The incident highlights the systemic challenges heritage brands face in managing brand consistency across decentralized e-commerce platforms.
A Bitter Brew: Starbucks Sells Control of China Operations to Fuel a 20,000-Store Gambit
Starbucks is pivoting to a minority-stake model in China by selling 60% of its business to Boyu Capital in a bid to reach 20,000 stores. This shift reflects a desperate need for local agility as domestic rivals like Luckin Coffee continue to erode Starbucks' market share through aggressive pricing and rapid expansion.
Xiaohongshu’s Global Pivot: Little Red Book Bets on ‘Redshop’ to Export China’s Lifestyle Commerce
Xiaohongshu will launch its global e-commerce platform, Redshop, in June 2026, targeting nine key international markets. The platform will leverage its unique lifestyle content ecosystem to sell culturally significant Chinese products, moving away from past failed attempts at launching independent niche apps.
The Two-Trillion RMB Juggernaut: CATL Hits Record High as Chinese Markets Pivot to Strategic Tech
CATL has achieved a historic 2 trillion RMB valuation, leading a surge in Chinese green energy and AI infrastructure stocks. However, a sharp decline in the gaming sector and negative market breadth reveal a deeply divided trading environment focused on strategic technology.
Changan’s Power Move: Consolidating Control Over Suzuki’s Chinese Motorcycle Legacy
Chinese regulators have unconditionally approved Changan Automobile's bid to take control of the Jinan Qingqi Suzuki motorcycle joint venture. This consolidation marks a significant shift in the long-standing partnership, allowing Changan to lead the venture's strategic direction amid a transforming mobility market.
Beijing Closes the Net: The End of the Offshore Trust as a Chinese Tax Haven
Chinese tax authorities have launched a sweeping enforcement campaign against offshore trusts, targeting high-net-worth individuals and corporate executives for undeclared global income. Leveraging mature CRS data exchanges, the government is effectively ending the era of offshore tax evasion and forcing the wealth management industry toward strict compliance.
Digital Mercenaries: Li Auto’s CEO Declares War on the ‘Dark Side’ of China’s EV Market
Li Auto CEO Li Xiang has launched a high-profile legal and public relations offensive against what he describes as organized 'black water armies' targeting his company. The dispute, centered on aggressive comparisons between Li Auto and a new Dongfeng Nissan SUV, underscores the increasingly toxic and litigious nature of competition in China’s saturated EV market.
High-Octane Ambition: Eastroc Beverage and the New Era of China’s Energy Drink Market
Eastroc Beverage has surged past Red Bull to become China's leading energy drink brand by volume, reporting a 31.8% revenue increase in 2025. Despite slowing growth in its core product line, the company is leveraging a massive distribution network of 4.5 million outlets to expand into electrolytes and international markets.
The Perils of Digital Heritage: Haihe Dairy’s Livestreaming Crisis Exposes the Fragile Allure of China’s 'Time-Honored' Brands
Haihe Dairy’s recent livestreaming controversy reveals the risks legacy brands face when outsourcing their digital presence to third-party distributors. As the company expands nationally through its popular flavored milk line, it struggles to maintain quality control across a fragmented network of 'official' online storefronts.