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2018年01月31日 11:19

INTERNET: Toutiao Sues Baidu Over Search Abuse

INTERNET: Toutiao Sues Baidu Over Search Abuse

Bottom line: Baidu's anti-competitive behavior alleged in a lawsuit by Jinri Toutiao won't have a long-term effect on its stock, but will draw the attention of an increasingly assertive anti-trust regulator.

Toutiao sues Baidu for manipulating search results

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2018年01月26日 22:41

Reporter’s Notebook: One of These Things Is Not Like the Others, But Who Cares?

As my first trip to the World Economic Forum winds down, I thought I would close out this series of reporter’s notebooks with a bit of my own experience as the lone foreigner traveling with an all-Chinese contingent from my current employer, Caixin. My own foreignness in the group didn’t even really occur to me until a low-key but eye-opening experience at the lobby of the hotel where we were staying.

In a scene that harkens back to my college days in the 1980s, Caixin chose a dormitory-like situation for the dozen of us that traveled ......

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2018年01月26日 01:35

Reporters Notebook: Beijing’s Global Song Falls on Reticent Ears

When it comes to going global, China is a land where talk is cheap. The “One Belt, One Road” campaign has created a frenzy for such global talk among Chinese companies over the last couple of years, with just about anything now getting classified as a part of that initiative even if it was in the works well beforehand.

The fact of the matter is that China went global long ago, at least in one sense, since it manufactures huge amounts of goods that ultimately end up being worn, played with and used in foreign lands. But the reality is t......

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2018年01月25日 00:02

Reporter’s Notebook: China Embraces Globalism with Chinese Characteristics

Global is great. Anyone who follows the China business scene probably wouldn’t need too long to guess those words were uttered by Alibaba founder Jack Ma, who was singing the praises of free trade and globalism on the second day of the World Economic Forum this week in Davos, Switzerland. Ma never saw a platform he didn’t like, including the e-commerce platforms that have made him one of the world’s richest men, as well as more figurative platforms like the World Economic Forum.

Ma’s growing embrace of globalism in many way......

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2018年01月24日 04:22

Reporter’s Notebook: China Views Diverge From the Inside, Outside

When it comes to China, the views from the inside and outside sometimes seem worlds apart. That was a key takeaway during the opening day of my first attendance at the World Economic Forum, a pow-wow featuring of some of the world’s leading thinkers, politicians and business people that happens each year in the snowy city of Davos, Switzerland.

As a foreigner living in Beijing, I’m used to getting both sides of the China story. On the one hand there are foreigners outside China, who are increasingly anxious about the nation’s po......

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2018年01月19日 10:51

FINANCE: Alibaba’s Ant Takes a Bite of Hong Kong

FINANCE: Alibaba’s Ant Takes a Bite of Hong Kong

Bottom line: Ant Financial's purchase of 20 percent of Hong Kong restaurant ratings site OpenRice looks like a smart, incremental move to boost its presence in its first major foray to build a local customer base outside China.

Ant Financial buys into HK's OpenRice

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2018年01月18日 11:11

INTERNET: Trump-Ma Honeymoon Ends as Alibaba Lands on US Blacklist

INTERNET: Trump-Ma Honeymoon Ends as Alibaba Lands on US Blacklist

Bottom line: The inclusion of Alibaba's Taobao marketplace on the latest edition of a US blacklist for piracy signals US is taking a tougher line on trade issues.

Alibaba calls itself 'scapegoat' after landing on US blacklist

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2018年01月17日 11:35

INTERNET: Google Re-lands on China Map

INTERNET: Google Re-lands on China Map

Bottom line: Google has quietly resumed updates of its China mapping service in a bid to tap the booming local market for location-based services.

Google resumes China mapping updates

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2018年01月12日 10:23

SMARTPHONES: Dumped by AT&T, Huawei Enters US with Supermodel

SMARTPHONES: Dumped by AT&T, Huawei Enters US with Supermodel

Bottom line: Huawei's decision to go ahead with a US market entry for its latest high-end phone, despite collapse of a tie-up with AT&T, is likely to produce very limited results due to lack of a carrier partner.

Huawei goes solo into US

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2018年01月10日 10:53

INTERNET: Meituan Aims at Didi With Ride Into Car Sharing

INTERNET: Meituan Aims at Didi With Ride Into Car Sharing

Bottom line: Meituan's move into shared car services is likely to reignite a price war with incumbent Didi, and could be aimed at generating excitement ahead of a mega-IPO later this year. 

Meituan entering shared cars

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2018年01月08日 10:57

SMARTPHONES: LeEco Sells Down Coolpad Stake

SMARTPHONES: LeEco Sells Down Coolpad Stake

Bottom line: LeEco's sell-down of its Coolpad stake is a prelude to disposal of the remainder, and could presage a sale of Coolpad to another smartphone maker later this year.

LeEco sells down Coolpad stake

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2018年01月05日 11:28

INTERNET: Didi Chuxing Drives Into Bikes, Brazil

INTERNET: Didi Chuxing Drives Into Bikes, Brazil

Bottom line: Didi's Brazilian acquisition looks relatively shrewd and could be followed by more such moves in developing markets, while its purchase of a local bike-sharing firm looks less prudent.

Didi drives into Brazil

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2018年01月03日 10:34

FINANCE: US Squashes Ant Financial’s MoneyGram Dream

FINANCE: US Squashes Ant Financial’s MoneyGram Dream

Bottom line: The collapse of Ant Financial's purchase of MoneyGram reflects growing resistance from a Trump administration willing to mix business and politics in its relationship with China.

Ant's purchase of MoneyGram sinks

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