Sophia Yan is a CNBC Correspondent based in Beijing. Sophia covers Greater China and Asia, focusing on topics from technology to economy.
Prior to CNBC, Yan was the Asia Business Reporter with CNNMoney in Hong Kong, where she covered major financial and economic news across Asia. Yan specializes in reporting unique cultural and consumer angles that illustrate the growth of the Chinese economy and examines what the rise of China means for the rest of the world. She has covered the pro-democracy protests in Hong Kong in 2014, the increasing trend of wealthy Chinese entering global immigrant investor programs and the booming "birth tourism" industry, which caters to Chinese who want to give birth in the U.S. to secure American passports for their children.
Yan has also covered news, politics, regulation and business for Bloomberg News and Time magazine, based in Hong Kong and Washington, D.C., where she broke market-moving scoops, obtained exclusive interviews and produced features.
She holds a Bachelor of Arts and a Bachelor of Music from Oberlin College and Conservatory of Music, and is fluent in Mandarin.
Beijing-based telecom China Unicom will raise $11.7 billion from 14 sources that include a mix of state and private firms.
The International Monetary Fund is raising its outlook for China, but the organization issued a strong warning over growing Chinese debt.
Chinese steel prices are falling after spiking to record highs last week as a series of curbs targeting speculative trading kick in.
China's steel prices are rising, and the government is getting worried about striking the right balance on the markets.
There are a variety of reasons why traders in China aren't showing any concern about the stand-off between the U.S. and North Korea, experts explained
On Monday, official data showed that China's foreign exchange reserves in July hit $3.081 trillion — the highest in nine months.
China continues to step up oversight of its financial system in efforts to rein in threats to market stability.
Five of the seven members of China's most powerful ruling body are due to retire in a massive leadership change that happens twice a decade.
Chinese billionaire Guo Guangchang is defending his company Fosun's multi-billion dollar shopping spree abroad.
Chinese tech firm Huawei has clawed its way to the top in China and wants to clobber Apple and Samsung globally by selling to richer customers.