For China’s Studios, Movies Have Lost Their Magic

Twelve production companies expect to report losses or declining profits in the first half

Peking University Scientists Pioneer New Gene-Editing Technology

Technique, which targets RNA strands, is described as a ‘creative and important step’ toward the treatment of genetic diseases

Exclusive: 100 Rural Doctors Quit Over $2.2 Million in Unpaid Medical Subsidies

Doctors in northeastern China’s Yilan county said in a joint resignation letter they each had to foot bill for tens of thousands of yuan in subsidies for local villages last year

State Grid, Evergrande Team Up to Build Electric-Car Charging Network

State-owned behemoth could use developer’s property know-how to expand more into residential areas, source says

Three Sentenced to Prison for Helping Unqualified Foreigners Get Teaching Jobs

Beijing municipal court upholds ruling that gave defendant who ran dodgy agency two years behind bars

Jul 17, 2019 10:45 PM

China Sees More Opportunities to Spread Yuan Around the World

Trade friction, populism open doors for yuan internationalization although it’s a long-term process, says Pan Gongsheng, a deputy governor of China’s central bank

Jul 17, 2019 09:01 PM

Gallery: Starbucks' Answer to Luckin

Starbucks opened its first store dedicated to takeout and online orders in the heart of Beijing on Friday. The Starbucks Now is roughly half the size of a regular location with “limited” seating, much like its fast-growing local rival Luckin

Jul 17, 2019 05:44 PM

China’s Treasury Holdings Extend Drop Amid Trade War Escalation

Country’s stash of U.S. government notes, bills and bonds fell by $2.8 billion in May to $1.11 trillion, the lowest in two years

Jul 17, 2019 04:52 PM

This Corner of China's Debt Market May Grow to $654 Billion

The asset-backed securities market is expected to expand 45% by the end of the year thanks in part to fallout from the government's takeover of Baoshang Bank

Jul 17, 2019 02:54 PM

China Biz Roundup Podcast: Rural Doctors Quit En Masse Over Subsidy Delays

Populist Taiwan mayor wins KMT nomination; Chinese brokerages see strong growth in first-half profits; rural doctors quit en masse over subsidy delays; and more

Jul 17, 2019 12:34 PM

More Financial Institutions Exposed to Camsing Fraud Scandal

Shanghai Mosan discloses it faces risk as banking regulator issues new guidelines on supply-chain financing

Jul 17, 2019 09:14 AM

Starbucks Takes Page From Luckin, but Is That Good or Bad News for Minimalist Chinese Rival?

Upstart Chinese imitator could see defections to new takeout concept store from world’s largest coffee chain

Jul 17, 2019 08:34 AM

Exiled Chinese Tycoon’s Landmark Property Goes to Auction

Dragon’s head office building near Beijing’s Olympic park appraised at $1.08 billion, but no bidders have yet emerged

Jul 17, 2019 05:37 AM

China Merchants Shekou Is Said to Plan $800 Million REIT IPO

HK listing would be the first in five years for a real estate investment trust in a segment dominated by Singapore

Jul 17, 2019 02:55 AM
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