China’s Outspoken Tycoon Sun Dawu Sentenced to 18 Years in Prison

Sun DawuThe outspoken critic of the Chinese Communist Party and rural businessman was sentenced to 18 years in prison on Wednesday, the last of a string of harsh sentences. He was greeted by China against business leaders. Mr. Sun, 67, was detained in November after a land dispute between his company, Dawu Agriculture and Livestock …

Kris Wu, One of China’s Biggest Stars, Facing a #MeToo Storm

Chinese-Canadian singer Kris Wu with a large following has cut ties with several major luxury brands after an 18-year-old accused her and other young women of targeting and coercing them for sex. The accusations, which Mr. Wu denied in multiple statements, triggered widespread public outrage and plunged his career into turmoil. At least 11 companies, …

Failure of China’s Microchip Giant Tests Beijing’s Tech Ambitions

one in 2015 obscure company run by a real estate mogul awakened the world to China’s passion for semiconductors, the core technology that powers computing. Loaded with government funding and political support, the company has stunned with a $23 billion bid to buy the American chip maker. Micron. Six years later, China’s possible microchip champion …

China’s New Carbon Market, World’s Largest: What You Need to Know

China, the world’s largest source of greenhouse gas pollution, opened a national carbon emissions trading market on Friday in a long-awaited step towards tackling climate change. The market turns polluting power into an appropriation that can be bought and sold and is part of a series of policies the Chinese government has put in place …

China’s Tech Crisis Could Hit Wall Street’s Wallet

Counting the cost China’s IPO pressure is quickly moving beyond Chinese ride-hailing giant Didi Chuxing, which government officials banned from app stores just days after selling its stake in the US. new legal requirements all technology companies that plan to list their shares abroad, and erecting barriers Around fintech firms are some of the country’s …

Watching ‘China’s Strange Beasts’ With Liquor, Smoke and Sleuthing

WARRANTY ANIMALS OF CHINAby Yan GeTranslated by Jeremy Tiang The word “cryptozoology” has an air of scientific rigor, evoking decoded gene sequences and impeccably preserved fossils. But in practice, it is a pseudoscience that focuses on human myths. The cryptozoologist navigates a maze of rumors, conjectures and hallucinations to get to the Minotaur, be it …

Staying Away From Politics Is Now A Thing For China’s Business Elite

Ma Changbo, the founder of an online media startup, wrote on his WeChat social media account that internet infrastructure operators like Didi now need to prove their political and legal legitimacy to the government. “This is the second half of the US-China divergence,” he wrote. “The model of playing both sides of the fence in …