The Chinese-owned auto maker is still considered foreign in the People's Republic, but it's working on making China its "second home market."
By Doron Levin, contributor
FORTUNE -- Eighteen months after a Chinese consortium led by Zheijiang Geely Holdings Group Co. bought Sweden's Volvo Cars, the venture is finally securing key agreements that will allow it to build vehicles in the People's Republic.
This week the venture also hired a new pitchman, Chinese-American MOREMar 22, 2012 9:09 AM ET
A political power struggle has erupted in China after the controversial politician was removed from his position. Here's how the charismatic leader evolved from victimizer to victim.
By Bill Powell, editor-at-large
FORTUNE -- In the spring of 2001, I sat in the cavernous office of the provincial governor in the northeastern Chinese province of Liaoning. China was on the brink of joining the World Trade Organization then, arguably the most significant step it MOREMar 22, 2012 8:56 AM ET
FORTUNE -- The Swedish retailer's stores in China have become a favorite leisure destination for shoppers. At Ikea's Beijing outlet (below) -- its busiest store in China -- patrons can be seen sipping lingonberry juice in the cafeteria, taking family portraits in showrooms, or even sleeping on the beds. Last year 33 million people visited Ikea's Chinese mainland stores. Revenue growth of 20% makes this one of the company's fastest-growing MORENov 30, 2011 5:00 AM ET
How an American company is trying to break China's monopoly on high-tech minerals.
By Richard Martin, contributor
FORTUNE -- Few weekenders making the four-hour run from L.A. to Vegas notice the big mill works overlooking Interstate 15 at Mountain Pass Summit in California, near the Nevada line. Even fewer realize that the pale-pink buildings, gone patchy with age, are the focus of an extraordinary business drama that involves national security, China's monopolizing MORENov 18, 2011 5:00 AM ET
Many players -- and fans -- were hoping to see some NBA talent shoot hoops in China while the lockout continues. But China is expected to nix the plan, at its own peril.
By Eli Epstein, contributor
FORTUNE--For weeks it was all NBA fans heard: Kobe Bryant, Dwayne Wade, Carmelo Anthony, and Chris Paul are all headed for China, lured by lucrative contracts, cushy accommodations, and an untapped, outrageously accessible Chinese apparel MOREAug 17, 2011 2:55 PM ET
China will spend billions on biotech, even as the industry struggles in the U.S. to turn research into gold. Will U.S. biotech become the next Detroit?
By David Ewing Duncan, contributor
FORTUNE -- Now it's China's turn to fling lots of cash at trying to come up with cures.
For more than a decade, the U.S. has lavished funding on efforts to transform a wealth of biological breakthroughs in the lab into actual MOREAug 15, 2011 12:20 PM ET
Mike Duke sees Wal-Mart (WMT) shoppers embracing smart phones. He "loves" his company's business in Mexico. And given Wal-Mart's history of buying the goods it sells in developing countries, especially China, he's even excited about the handful of U.S. products Wal-Mart is exporting to places like Japan and China.
Duke is attending the World Economic Forum in Davos, Switzerland, for the first time, yet another sign that the once-insular Wal-Mart is MOREJan 27, 2011 6:16 AM ET
As Western companies duke it out for a piece of the developing-market pie, Procter & Gamble is going deeper -- courting not just the newly rich but also the very poor. The company's vaunted R&D operation is turning up surprises.
By Jennifer Reingold, senior editor
We are a long, long way from Cincinnati. Getting here required a 15-hour flight to Beijing, followed by a nearly three-hour flight to Lanzhou, an industrial city MOREJan 6, 2011 5:00 AM ET
By Nin-Hai Tseng
Contrary to what many investors and banks fear, JPMorgan's (JPM) China guru Jing Ulrich doesn't think there's a housing bubble in the world's second largest economy.
Ulrich, speaking at Fortune's Most Powerful Women Summit Wednesday morning about how to navigate China's marketplace, says the surge in home prices exist in a few areas such as the country's major cities but prices generally aren't inflated.
Her remarks come as Chinese government MOREOct 6, 2010 9:32 AM ET
The Oracle of Omaha is optimistic about the American economy.
By Nin-Hai Tseng, reporter
While many corporate executives complain that America appears to be losing its competitive edge, billionaire investor Warren Buffett paints a resilient picture of the U.S. economy, which he says is filled with a level of innovation that's hard to find in other parts of the world.
In an interview with Fortune's Carol Loomis Tuesday at Fortune's Most Powerful Women MOREOct 5, 2010 10:53 AM ET
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