Illustration of Joe Biden visiting China

By Doug Young & Rene Vanguestaine

A summit between Xi Jinping and Joe Biden is looking increasingly likely after China’s foreign minister traveled to Washington last week. But will such a meeting accomplish anything? And Stellantis, owner of the Chrysler and Peugeot brands, will pay $1 billion for 20% of Chinese EV maker Leapmotor. What’s driving this odd partnership between a global giant and a struggling startup?

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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cars are a consumer product

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Apparel brand JNBY Design Ltd. (3306.HK) on Wednesday reported its revenue rose 9% year-over-year to 6.05 billion yuan ($901 million) in its fiscal year through June 30, as its profit rose 11.7% to 997…
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Salubris refiles for Hong Kong IPO as generics lose steam

The producer of cardiovascular drugs is accelerating its shift towards innovative pharmaceuticals, under pressure from price cuts and expiring patents Key Takeaways: Salubris built its early success on generics, but…