Category: BUSINESS

Long-time friends John Patrick Mullin and Will Corkin's curiosity and ambition led them to become serial founders in Asia. ( read original story ...)

An investigation into China's early Covid testing has exposed a fiasco caused at least in party by cronyism that saw contracts handed to three obscure firms that had cosy ties to senior officials. ( read original story ...)

Chinese online retailer JD.com, delivery company SF Group and Carlyle are bidding for South Korean conglomerate CJ Group's China logistics business in a deal that could fetch over $1 billion, people ... ( read original story ...)

American and United Airlines are pausing plans to fly nonstop to Shanghai due to concerns about lengthy airport waits and other issues upon arrival. ( read original story ...)

PetroChina launched an IPO), and was valued at $1Tn. In the next 20 weeks, the share price fell 52%. The stock never recovered. Today, PetroChina’s shares are down almost 90% from the IPO price. ( read original story ...)

Shanghai’s handling of the outbreak and its successful containment measures won residents’ approval earlier this year. But business activity and economic output have failed to keep pace with the rest ... ( read original story ...)

A new survey by the American Chamber of Commerce in Shanghai has found members more upbeat about their business prospects in the country following the U.S. presidential election win by Joe Biden. ( read original story ...)