Business and Finance

Jiang Zemin, Leader Who Guided China Into Global Market, Dies at 96

Mr. Jiang, a wily and garrulous politician, presided over a decade of meteoric economic growth in the post-Tiananmen era. 6 comments By Chris Buckley and Michael Wines Nov. 30, 2022Updated 9:06 a.m. ET 阅读简体中文版閱讀繁體中文版 “Jiang Zemin, the Shanghai Communist kingpin who was handpicked to lead China after the 1989 Tiananmen Square protests and presided over a decade of meteoric …

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In Global Slowdown, China Holds Sway Over Countries’ Fates

The lender of choice for many nations over the past decade, Beijing now has the power to cut them off, lend more or forgive some of their debts. By Keith Bradsher Oct. 6, 2022Updated 7:57 a.m. ET “BEIJING — When Suriname couldn’t make its debt payments, a Chinese state bank seized the money from one of the …

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Sri Lanka Collapsed First, but It Won’t Be the Last

Aug. 15, 2022 By Indrajit Samarajiva Mr. Samarajiva is a Sri Lankan writer who publishes at his blog Indi.ca. “As a Sri Lankan, watching international news coverage of my country’s economic and political implosion is like showing up at your own funeral, with everybody speculating on how you died. The Western media accuse China of luring us into a …

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Red Flags for Forced Labor Found in China’s Car Battery Supply Chain

Ties to potentially coercive labor practices could prove a problem for an industry that is heavily dependent on China, once a new law barring Xinjiang products goes into effect. By Ana Swanson and Chris Buckley June 20, 2022Updated 8:11 a.m. ET “The photograph on the mining conglomerate’s social media account showed 70 ethnic Uyghur workers standing at attention under …

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Race to the Future: What to Know About the Frantic Quest for Cobalt

A New York Times investigation examines the global demand for raw materials as the clean energy revolution takes off. This is what we found. By Eric Lipton, Dionne Searcey and Michael ForsytheNov. 20, 2021Updated 12:09 p.m. ET The clean energy revolution is replacing oil and gas with a new global force: the minerals and metals needed in electric car batteries, …

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He Warned Apple About the Risks in China. Then They Became Reality.

By Jack Nicas June 17, 2021 阅读简体中文版閱讀繁體中文版 Doug Guthrie spent 1994 riding a single-speed bicycle between factories in Shanghai for a dissertation on Chinese industry. Within years, he was one of America’s leading experts on China’s turn toward capitalism and was helping companies venture East. Two decades later, in 2014, Apple hired him to help navigate …

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Jack Ma Taunted China. Then Came His Fall.

April 28, 2021 By Eswar Prasad Mr. Prasad is a professor at Cornell University and a senior fellow at the Brookings Institution.阅读简体中文版閱讀繁體中文版 “Ant Group, China’s biggest fintech conglomerate, was preparing last November for its initial public offering. Analysts projected it would raise $34 billion, the largest sale of shares in history. The company, founded by Jack Ma, …

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Why China Turned Against Jack Ma

The Alibaba chief paid for pushing back against Beijing. But the shift in attitude also speaks to a growing wealth gap and diminished opportunities for the young. By Li Yuan Published Dec. 24, 2020 Updated Jan. 20, 2021 阅读简体中文版閱讀繁體中文版 In China, Jack Ma is synonymous with success. The English teacher turned internet entrepreneur is the country’s richest person. He founded Alibaba, the …

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Amazon India scraps single-use plastic in packaging across centers

By Reuters Staff “BENGALURU (Reuters) – The Indian unit of Amazon.com Inc AMZN.O has eliminated all single-use plastic in its packaging across fulfillment centers in the country, in line with its target to weed out the packaging material by June, the e-commerce giant said on Monday. The company said in addition to replacing packaging materials such as bubble …

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Hu tieu, a Vietnamese dish spiced with prosperity and climate change – by George Black | Vital Signs | The Guardian

“On a visit last month to the town of My Tho, the capital of the Tien Giang province in Vietnam’s Mekong Delta, I found a riverside restaurant that served the local specialty, a dish called hu tieu. It’s a delicious soup, dense with stretchy rice noodles and topped with succulent locally farmed shrimp. These two ingredients …

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