Business fraud

Steve Bannon and Guo Wengui (also known as Miles Kwok) appear at a news conference in New York, New York, 20 November 2018. (Carlo Allegri/REUTERS)

The ‘business’ between Steve Bannon and Guo Wengui

What exactly is the relationship between former Trump right-hand man Steve Bannon, and fugitive China businessman Guo Wengui? What do their dealings show about the scaremongering tactics and half-truths that can be used in any society? Zaobao associate editor Han Yong Hong examines Bannon’s recent arrest and how Guo fits in.
A deliveryman walks past a closed Luckin Coffee store at Sanlitun, Beijing, China on 7 February 2020. (Jason Lee/File Photo/Reuters)

Misbehaving US-listed Chinese enterprises and their gambler attitudes

Chinese companies listed on US stock exchanges such as Luckin Coffee and iQiyi have been embroiled in accounting scandals of late, causing investors to eye Chinese concept stocks with doubt. What can Chinese companies with hopes of gaining access to foreign investment do to improve their bad reputations by association?