The founder of ByteDance, Zhang Yiming, dreamed of building a global tech company based in China. Then the geopolitical reality set in.
Tag: Foreign Investments
Microsoft Said to Be in Talks to Buy TikTok, as Trump Weighs Curtailing App
The discussions come as TikTok’s ownership by a Chinese company is under scrutiny by the White House and lawmakers.
The Pandemic Isn’t Bringing Back Factory Jobs, at Least Not Yet
It’s a moment of reckoning for global supply chains. But that doesn’t mean companies are flocking back to the United States.
Defying U.S., China and Iran Near Trade and Military Partnership
The investment and security pact would vastly extend China’s influence in the Middle East, throwing Iran an economic lifeline and creating new flash points with the United States.
White House Warns Against Chinese Investment, Citing Risk of Further Sanctions
Economic and security officials warned a federal fund against putting retirement savings in China at “a time of mounting uncertainty” for the relationship.
Fears for Volvo Expose Sour Turn in Sweden’s Ties With China
When a Chinese manufacturer swept in to save the Swedish car marque, it was warmly welcomed. A decade later, plans for a fuller merger are being debated in a frostier atmosphere.
The Pandemic Will Permanently Change the Auto Industry
Plunging sales could force factories to close and lead to takeovers and mergers, but also bolster sales of electric cars.
North Macedonia Awaits Marijuana Laws to Become a ‘Cannabis Superpower’
Vying to become Europe’s “Cannabis Superpower,” marijuana entrepreneurs in the recently rebranded country are waiting for the government to act.
Violence in India Threatens Its Global Ambitions
India is pushing for more clout globally, as the world’s largest democracy. But as its government takes an illiberal turn to Hindu nationalism, that premise is being questioned.
Digging Into Oil Sands Divestment
The Canada Letter speaks with a Times reporter who has looked into large investors who have turned away from the oil sands.