Beijing Closes Cash Spigot

China is now a less hospitable destination, at least for certain dealmakers. Ernst & Young estimates that Chinese outbound investment is set to reach $100 billion in 2017, representing a sharp decline from the $183 billion seen last year. Beijing blames this decline in part on growing hostility  More ►

Emperor Drinks Fruit Juice

Hans Christian Andersen published The Emperor’s New Clothes in 1837 as a fairy tale for children. The story can now be recast for entrepreneurs and venture capitalists. San Francisco-based Juicero, after all, built an entire company around a $400 high-tech juice machine. But Bloomberg  More ►

Dead Dictators Take Hong Kong

The pièce de résistance at Art Basel Hong Kong may have been an installation showing the life-like bodies of Lenin, Kim Il Sung, Mao, and Ho Chi Minh in plexiglass coffins. Castro was still in a hospital bed, but the artist claims the work will be updated. Globalists embraced the installation; political  More ►