Laura He
Laura He is a seasoned journalist with extensive experience covering Chinese business and markets. She currently works as a reporter and digital producer for CNN Business, where she focuses on news related to Asian business and global supply chains. Prior to joining CNN, Laura was a senior financial correspondent for South China Morning Post and worked for Dow Jones in Hong Kong and San Francisco. She also has experience working for Forbes and Xinhua News Agency. Laura holds a Master's degree in journalism from Stanford University and is fluent in English, Mandarin, and Cantonese.
Biography:
https://www.cnn.com/profiles/laura-he
83%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
85%
Examples:
- The author has a slight bias towards reporting negative or critical information about China and its businesses.
- The author tends to focus on issues related to Chinese companies and their impact on global markets.
- There is an emphasis on contradictions and conflicts of interest in the articles provided, which may give a distorted view of the situation.
Conflicts of Interest
90%
Examples:
- The articles often highlight the role of government intervention in the Chinese economy and its impact on businesses.
- The author has a history of reporting on conflicts of interest involving Chinese companies and their executives.
- There is an emphasis on the potential for conflicts of interest in the Chinese business landscape.
Contradictions
85%
Examples:
- The articles often highlight discrepancies between official statements and reality on the ground.
- There are several instances where the author has reported contradictions in the statements made by Chinese officials or companies.
- There is a pattern of reporting on inconsistencies in China's economic data and policies.
Deceptions
75%
Examples:
- The articles often contain sensationalist language that may mislead readers.
- The author occasionally uses misleading or deceptive tactics in their reporting on China and its businesses.
- There are instances where the author has misrepresented or exaggerated certain aspects of the stories they cover.
Recent Articles
China's Xi Jinping Announces Tax Reforms to Bolster Local Finances Amidst Debt Crisis and Economic Shifts
Broke On: Friday, 19 July 2024Chinese President Xi Jinping unveiled plans to strengthen local government finances at the Communist Party's third plenum, aiming to redistribute consumption tax revenue and tackle China's $9.1 trillion hidden debt crisis. The reform also focuses on addressing real estate's impact on the economy and optimizing new construction projects, while deepening fiscal, taxation, and financial system reforms for social welfare. 
China's Manufacturing Sector Expands at Fastest Pace in Three Years Amidst Persisting Concerns
Broke On: Monday, 01 July 2024China's private factory activity expanded at the fastest pace in three years in June, with the Caixin manufacturing PMI reaching 51.8, marking six consecutive months of improvement. However, manufacturer confidence is waning due to tariff announcements from the US and European Union, and persistent property slumps are hindering consumer spending. 
China's Bold Move to Revive Struggling Property Market: Direct Purchase of Unsold Homes as Trial Run for Nationwide Intervention
Broke On: Friday, 17 May 2024China's local governments plan to purchase unsold homes and convert them into affordable housing to revive the struggling property market, following a prolonged slump that has raised concerns about the economy and household spending. The move, reminiscent of the US TARP program during the 2008 housing crisis, could provide relief for millions of unsold homes and ease affordability issues. 
Elon Musk Secures Deal with Baidu for Tesla's Autopilot in China, Overcoming Data Security Hurdle
Broke On: Monday, 29 April 2024Elon Musk secured encouraging news for Tesla during a surprise visit to China, announcing deals with Baidu for mapping and navigation functions, and Chinese officials tentatively approving Full Self-Driving software. These developments come as Tesla seeks to boost sales in the world's largest EV market amid fierce competition. 
TikTok's Forced Sale or Ban: A Legal Battle Over Data Security and Free Speech
Broke On: Thursday, 25 April 2024President Biden's signing of a law mandating the sale or ban of Chinese-owned TikTok in the US has initiated a legal conflict. With 170 million American users, TikTok's parent company ByteDance denies selling but must find a buyer or face ban under U.S. law. Concerns over data collection and shaping beliefs persist, with potential implications for marketing, entertainment, and the youth vote. 
China's Economy: Surprising Q1 Growth Contrasted by Missed Retail and Industrial Targets
Broke On: Tuesday, 16 April 2024China's economy grew by 5.3% in Q1 2024, but industrial production and retail sales missed expectations, raising concerns about the sustainability of China's economic recovery. Policymakers need to provide more support and avoid complacency. 
China's Property Market Faces Challenges Amid Economic Slowdown and Rising Debt Levels: Country Garden Holdings Co. Struggles with 83% Drop in Contracted Sales
Broke On: Friday, 29 March 2024China's property market is facing challenges due to economic slowdown and rising debt levels. Country Garden Holdings Co., a major player in the sector, has been hit hard by these issues with contracted sales plunging 83% in March 2024 from the previous year. However, there are signs of recovery as sales rebounded by 16% compared to February's slower period. 
Xiaomi Launches First Electric Vehicle SU7: Beats Tesla on 95% Specs, Promises Advanced Battery Tech and Lightning-Fast Charging
Broke On: Thursday, 28 March 2024Xiaomi enters the EV market with its first SUV, the SU7, which offers a range of features and specifications that challenge Tesla's Model 3. The car is priced between $30k and $41k in China. 
TikTok Faces Nationwide Ban in US if ByteDance Doesn't Sell
Broke On: Thursday, 14 March 2024TikTok, a social media app with 170 million US users, faces nationwide ban if ByteDance doesn't sell. House passed legislation giving six months for sale. If not sold within that time, it will become illegal to offer TikTok. 
China Renaissance CEO Resigns for Health Reasons, Company Tries to Publish Annual Report Amid Investigation
Broke On: Saturday, 03 February 2024China Renaissance Holdings announced that its chairman and CEO Bao Fan resigned for health reasons, just days before the company's annual report was set to be released. Mr. Bao had disappeared nearly a year ago as part of an investigation by Chinese authorities, causing delays in publishing the 2022 annual results and 2023 interim report. Xie Yijing has been appointed chairman and designated as the permanent head of China Renaissance.