China Category

April 10, 2019

‘China’s Manhattan’ Borrowed Heavily. The People Have Yet to Arrive.

A largely empty urban district struggling with billions of dollars in debt demonstrates the breakdown of the Chinese economic growth model.

April 10, 2019

Why Some of China’s Hottest Tech Companies Are Cooling Off

Layoffs hit JD.com, Tencent and Didi Chuxing

April 10, 2019

Data Sheet—Why Some of China’s Hottest Tech Companies Are Cooling Off

This is your Data Sheet newsletter for Wednesday, April 10, 2019.

April 10, 2019

Apple Music Caught Censoring Pro-Democracy Music In China

An anonymous reader quotes a report from Gizmodo: Chinese journalists and netizens recently found that Apple Music’s Chinese streaming service censored a song by Hong Kong singer Jacky Cheung that references the 1989 Tiananmen Square pro-democracy prot…

April 10, 2019

Trump’s Dangerous Obsession With the Markets

The president is not only reading the markets as a daily measure of his success, he is also shaping policy to keep prices high.

April 9, 2019

China, a Major Bitcoin Source, Considers Moving Against It

China, whose initial enthusiasm about cryptocurrencies has waned, may order its local governments not to support the industry.

April 7, 2019

The Hottest App in China Teaches Citizens About Their Leader — and, Yes, There’s a Test

Millions of Chinese are using the app as part of President Xi’s efforts to strengthen ideological control in the digital age. Critics say it fuels a personality cult.

April 7, 2019

Scheme to Swap Fake iPhones Adds Up to $900,000 Loss for Apple, Prosecutors Say

Two college students in Oregon are accused of tricking Apple into replacing nearly 1,500 counterfeit iPhones with genuine ones that were later sold.

April 4, 2019

M.I.T. cuts ties with Huawei, ZTE over U.S. investigations

One of the United States’ top universities is cutting ties with Huawei and ZTE.
The Massachusetts Institute of Technology (MIT) made the decision to terminate its existing relationships, as well as suspend future ones, with the two Chinese tech…

April 4, 2019

MIT suspends its research partnerships with Huawei and ZTE

The Massachusetts Institute of Technology is putting its funding and research ties with Huawei and ZTE on hold due to US investigations against the Chinese companies. The university will also add extra layers of scrutiny to projects and fundin…

April 4, 2019

India’s OYO enters Japan in partnership with SoftBank

Fresh from closing a notable investment from Airbnb, India’s OYO has expanded its footprint into Japan. The move comes through a joint venture with investor SoftBank — which led OYO’s $1 billion round last year through its Vision Fund — which will cover hotel-based accommodation and home rentals. Financial details around the joint venture were […]

April 4, 2019

People Changing Jobs Too Often Could Be Punished by China’s Social Credit System

Lots of things can hurt your social credit in China. Failing to repay your debts, plagiarizing academic articles and building a debt-laden tech empire and then fleeing to another country, to name a few random examples. One province now wants to add ano…

April 4, 2019

Uber but for Xi Jinping

Shiny new app, same old propaganda.

April 4, 2019

MIT Cuts Funding Ties With Huawei, ZTE Citing US National Security Concerns

Following similar moves by Stanford, University of California Berkeley and University of Minnesota, Massachusetts Institute of Technology announced that it is cutting ties with Huawei and ZTE, citing U.S. national security concerns. “At this time, base…

April 3, 2019

Japan Stumbles as China’s Growth Engine Slows

A slump in exports raises questions about how effective Prime Minister Shinzo Abe’s economic policies would have been without Chinese help.

April 1, 2019

Apple slashes iPhone, iPad, and Mac prices in China after small tax cut

Following earlier price cuts to iPhone models in China, Apple has dropped prices on multiple products to more than make up for just-reduced Chinese taxes.

April 1, 2019

Airbnb confirms $150M-$200M investment in India’s OYO

Airbnb is continuing to widen its focus beyond ‘unconventional’ hotels as it gets ready for a much-anticipated IPO. Following its acquisition of HotelTonight last month, the company has picked today (April Fool’s Day) to confirm that it invested in India’s OYO — a startup that manages budget hotels and other stays. The deal has been […]

April 1, 2019

Chinese Dissidents Feel Heat of Beijing’s Wrath. Even in Canada.

She thought she would be safe in Toronto. Then she began speaking out against the Chinese government and became the victim of a lurid smear campaign.

April 1, 2019

China Purchases Could Undercut Trump’s Larger Trade Goal

A trade deal could result in China promising to buy hundreds of billions of dollars of American products. It could further cement Beijing’s role in the economy.

April 1, 2019

China Bans All Types of Fentanyl, Fulfilling Pledge to Trump

Carrying out a promise made to President Trump, China announced that it would treat all variations of the opioid fentanyl as controlled substances.

April 1, 2019

China to Regulate All Fentanyl-Related Drugs as Controlled Substances

U.S. officials advocated for the change to stem the flow of opioids from China

April 1, 2019

The state of the Chinese economy

As China’s GDP growth slows, what opportunities can companies in the country look to?

March 31, 2019

China’s grocery delivery battle heats up with Meituan’s entry

Fast, affordable food delivery service has been life-changing for many working Chinese, but some still prefer to whip up their own meals. These people may not have the time to pick up fresh ingredients from brick-and-mortar stores, so China’s startups and large companies are trying to make home-cooked meals more effortless for busy workers by […]

March 31, 2019

Global video streaming market is largely controlled by the usual suspects

Here’s a look at the players that dominate the video streaming market, the regions where they operate, and how they are trying to win customers.

March 30, 2019

Huawei: Hundred Billion Dollar Troll

Huawei: Hundred Billion Dollar Troll

March 29, 2019

Huawei Shrugs Off U.S. Clampdown With a $100 Billion Year

Washington wants to thwart the Chinese tech giant’s dominance in telecom networks around the world. For now, though, sales at Huawei are booming.

March 27, 2019

The New New World: No Earrings, Tattoos or Cleavage: Inside China’s War on Fun

The Communist Party wants to instill the people with “core socialist values.” That means winnowing out content that extols individualism or hedonism.

March 22, 2019

China Brief: The state of the economy

Welcome to the first edition of China Brief. In this series, linked to our monthly podcast, McKinsey on China, our China-based partners share the latest insights from this dynamic market.