Markets & Finance

Mixed signals

ZTE’s switch from telecom network construction to the notoriously competitive handset market is unlikely to resuscitate its flagging profits

Leaving the nest

Construction machinery maker Zoomlion drives rival Sany out of town

The legend of Tencent

Diversification wins out in a slow market

Dark days

Trina Solar seems likely to weather the industry’s current crisis

Home-field handicap

Li Ning is losing ground to Nike and Adidas

The clothes’ new emperor

Investors will need a strong constitution to ride out Esprit’s leadership change and brand transformation

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