Topics
China tries partial private ownership for some of its biggest state-run firms, seeking to make them more dynamic and ensure their long-term survival.
5 Things to Know About China’s Mixed-Ownership Reform
Pilot program to make big state-run enterprises more dynamic differs from previous efforts by selling stakes to strategic investors
Taiyuan Investigates Deadly Fire at Mixed-Use High-Rise
The blaze killed 14 people and left 25 hospitalized. Authorities said managers from the building’s owner and the head of its property-management company had been placed under official control
In Profile: The Rise of a State Oil Executive Now Under a Graft Investigation
From studying petroleum engineering in the U.S. to steering two of China’s largest oil companies, Fu Chengyu built his career on market reforms and overseas acquisitions
Former Sinopec Chairman Fu Chengyu Under Investigation
China’s anti-corruption authorities announced the probe more than 11 years after his retirement; Caixin sources say it may concern sales-business reforms
Former Chongqing Mayor Huang Qifan Investigated Eight Years After Retirement
Caixin learned the former mayor’s case may involve state-company ownership reforms, following investigations into two financial executives
Failed $2.3 Billion Chinese-Backed London Business Park to Become Student Housing
A Royal Albert Dock development once promoted as London’s “third financial center” is being repurposed after years of delays, liquidation and losses for Chinese lenders and guarantors
China Vanke’s Board Overhaul Cements Shenzhen State Control as Losses Widen
Shenzhen’s state-asset system tightens its grip on the struggling property giant following a $19 billion deficit over the past two years
Former Gree Group Chairman Zhou Lewei Caught in Anti-Graft Sweep
Zhou’s case follows debt-driven expansion and a landmark stake sale that reshaped the appliance giant
CX Daily: China Banks Split as Margins Squeeze and Retail Risks Rise
‘Big Six’ state lenders outperformed smaller peers in 2025, as weak credit demand and intensifying competition continued to weigh on loan yields
Analysis: Qian Zhimin Bitcoin Case ― Victims and State Diverge on Applicable Law
The upcoming July hearing will decide if English equity principles protect investors or if Chinese civil law renders them mere creditors — potentially leaving the assets to the state
Hillhouse to Cut Gree Stake in First Move Since Landmark Buyout
Private equity firm may raise over 4 billion yuan to repay loans tied to 2019 leveraged acquisition as appliance maker lags rivals
Analysis: The Cross-Border Legal Scramble to Represent China’s Crypto Fraud Victims
From colossal U.K. firms like Fieldfisher to Chinese giants like Yingke and Duan & Duan, legal teams are forming unprecedented alliances to secure the ‘lead counsel’ role in England’s largest-ever crypto seizure case
In Depth: Vanke’s Debt Spiral Reveals Limits of China’s Real Estate Backstop
The once-stable developer narrowly avoided default with emergency extensions and state support—but deeper financial trouble looms
CX Daily: China’s Kiwi War Pits a Patent Against a Plant’s Pedigree
A lawsuit over a popular golden kiwifruit has grown into a dispute over sovereignty, intellectual property, and the fruit’s origins
In Depth: Ousted PE Executive Tests Power and Profit Sharing in China’s Mixed-Ownership Funds
Despite court wins, Mao Jiangtao, a former PE manager remains locked out as profit dispute drags on
Vanke Calls Second Bondholder Vote on Bond Extension as Default Deadline Looms
Developer has scheduled a second bondholder vote to extend a 2 billion yuan note, after its first proposal failed



