Posts From Ray Pierce

Japan and the European Union have finalized a huge free trade deal that covers 600 million people and almost a third of the global economy. The Economic Partnership Agreement, which has been in the works since 2011, will remove tariffs

This article originally ran in Term Sheet, Fortune’s newsletter about deals and dealmakers. Sign up here. Hans Tung, a managing partner at GGV Capital, has been a U.S.-China investor for more than a decade. His portfolio includes Xiamoi, Airbnb, Wish,

China clocked in GDP growth of 6.9% in the first three quarters of 2017, and is set to end the year at 6.8%. But Peking University finance professor Michael Pettis believes that the figure is no indication of the actual

While global investors have often honed in on China’s booming urban centers, Chinese financial tech firms are beginning to look at the middle kingdom’s increasingly affluent rural, farming-based consumers. Particularly, Ning Tang, CEO of fintech firm CreditEase, is lending consumers

Beijing wants to swap its polluted air for blue skies. Doing so will be costly. China has transformed over the past four decades from an economic backwater to an unrivaled industrial power that consumes huge amounts of raw materials and

Another day, another admission of wrongdoing by a Japanese corporate giant. Mitsubishi Materials said Thursday that it had falsified data on multiple products — including components used in cars and airplanes — for more than a year, adding to Japan’s

The world’s largest automaker is putting big money into electric vehicles in China. Volkswagen(VLKAF) and its local partners plan to invest more than €10 billion ($ 11.8 billion) to build electric and hybrid cars in the country — the world’s

Another day, another crisis at Japan Inc. Automaker Subaru (FUJHF) said Friday that it’s planning to recall roughly 255,000 cars after admitting it allowed uncertified workers to carry out inspections on its vehicles. The company found that workers at its

Top Japanese companies are doing damage control once again. Industrial giant Kobe Steel is dealing with a global crisis this month after it owned up to falsifying data about products it sold to major brands like Boeing (BA) and Toyota

There were no nasty surprises in China’s latest growth figures. The world’s second largest economy expanded 6.8% in the third quarter compared with the same period a year earlier, government data released Thursday showed. But experts cautioned that it was