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Mixed Ownership Reform
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
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
China Major Brokerage Huatai Set to Get New Chairman, Sources Say
Wang Huiqing named Communist Party committee chief ahead of board vote
Analysis: Vanke’s Extension Plan Sparks Fresh Jitters in China’s Bond Market
The move underscores rising liquidity pressure and fading expectations of government support, even as systemic contagion remains limited
Vanke Seeks One-Year Extension on 2 Billion Yuan Note as Liquidity Tightens
The developer wants to push a December maturity to 2026 with no upfront payment — a tougher ask than many distressed peers
Exclusive: Suning’s $28 Billion Restructuring Plan Tests China’s Approach to Corporate Failure
Most debts will be converted into trust shares, with founder Zhang Jindong retaining limited control as creditors await uncertain recoveries
Cover Story: Trade War Deepens as U.S. and China Open New Fronts at Sea and in Silicon
From rare earths to AI chips, the two superpowers are rebuilding supply chains for a long economic war
Cover Story | The Truth Behind the Wahaha Inheritance Dispute: A Prolonged Battle Involving Multiple Parties, Far More Than a Palace Intrigue
Wahaha faced leadership turmoil after founder Zong Qinghou’s 2024 death, with daughter Zong Fuli’s succession challenged in court by three half-siblings over $1.8 billion in suspected offshore trust assets. Under Zong Fuli, key management, employee contracts, and company profits shifted to her-controlled entities, triggering internal opposition and over 50 employee lawsuits about equity and benefits. The succession dispute and corporate power struggle have exposed complex family dynamics, offshore wealth, and governance issues in one of China’s iconic consumer brands.
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