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Foreign-funded Enterprises · Full chronicle and history

2026-11-06
On November 6, at the Baron Investment Conference, Musk recalled Tesla's efforts to build a wholly-owned factory in China, stating that Chinese officials shouted at him to his face, demanding that Tesla must form a joint venture with a Chinese company. Eventually, China amended its foreign equity ratio policy to allow for wholly-owned factories.
Location: United States · Importance II · Verification: Reported · View causal chain →
2026-10-28
According to a netizen's submission, FedEx uses various means in China to cut costs and boost efficiency, including transferring employees to other positions and outsourcing its business to JD Logistics.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-10-21
On October 21, Starbucks China announced that starting from the 22nd, its stores nationwide would implement a new “purchase required to be seated” rule, with relevant notice signs placed in stores, sparking discussion among netizens.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-10-16
According to a post by the X account ChinaSelect, Adweek magazine is featuring Starbucks as its cover story this month, and the account therefore mocked and updated the magazine's cover to protest Starbucks' decision to open stores in Xinjiang, where the Chinese Communist Party is carrying out genocide against the Uyghurs.
Importance III · Verification: Verified · View causal chain →
2026-09-26
On September 26, a Douyin influencer posted a video of a mooncake gift box, stating that their Danish boss had specifically gone to an Asian supermarket to buy mooncakes for the only Chinese employee in the company, which the influencer found very touching.
Location: Denmark · Importance I · Verification: Reported · View causal chain →
2026-09-01
Volkswagen China announced that it had immediately launched a special investigation, and stated that the principle of respecting workers' lawful rights and interests equally applies to the supply chain system.
Location: China · Importance IV · Verification: Verified · View causal chain →
2026-08
Master Kong reported instant noodle business revenue of over 13.7 billion yuan, up 2% year on year; Uni-President reported food business revenue of over 5.6 billion yuan, up 4.7% year on year.
Location: China · Importance II · Verification: Reported · View causal chain →
2026-04
In April 2026, Starbucks completed a transaction with Boyu Capital, with 60% of the equity in its China retail business held by funds managed by Boyu, while Starbucks retains 40%. According to Reuters, Boyu's co-founders include a grandson of Jiang Zemin.
Location: China · Importance III · Verification: Reported · View causal chain →
2025-02
In February 2025, data from the State Administration of Foreign Exchange showed that the net inflow of foreign direct investment into China in 2024 was only about $4.5 billion, the lowest since 1991 and just 2% of the 2021 peak of $344.1 billion.
Location: China · Importance III · Verification: Verified · View causal chain →