Caixin
Aug 17, 2018 05:48 PM
OPINION

The Best Reads of the Week From Caixin

China has announced that it will send a delegation to the U.S. later this month for trade negotiations, after the two countries started imposing tit-for-tat tariffs on goods from each other and Washington tightened controls on investment.

Leading online game operator Tencent Holdings Ltd. has abruptly pulled a popular Japanese-developed title from its platform just days after its release, as the industry struggles under a nearly half-year freeze on approval of all new games.

A military-affiliated company in China’s western Xinjiang region initially failed to repay a 500 million yuan ($73 million) bond, marking the first default of a bond issued by a government-linked investment vehicle.

Li Shuxian, 85, has been imprisoned in November 2016 for “picking a quarrel and making trouble” — a government euphemism for protesting or petitioning. And yet despite recurring health issues and advanced age, she has been repeatedly denied parole, triggering a public outcry, with many condemning the prison authority for being coldhearted.

A Chinese startup is taking flack over its claim that it has created China’s first homegrown web browser, even though a Caixin analysis confirmed online allegations that the software’s code relies on files from Google’s Chrome browser.

These are the five stories that I don’t want you to miss from last week. Please share your comments on the In Focus section and on our other coverage at news@caixin.com.

And when you’re done perusing these must-read stories, check out Caixin’s weekly digital magazine.

Kind regards,

Doug Young

Managing Editor

Update: China, U.S. to Give Trade Talks Another Shot

Analysts say new round of negotiations won’t immediately bear fruit

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Photo: VCG


Tencent Gets Regulatory Rebuke Over Hit Game

Company removes ‘Monster Hunt: World’ after just five days after receiving numerous complaints

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Tencent did not say if or when “Monster Hunter: World,” which was developed by Japan’s Capcom, might go back on sale. Photo: VCG


Surprise Default in Xinjiang Raises New Debt Fears

XPCC bond default is the first by a government-linked investment vehicle and may send ripples through market for similar issues

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The Xinjiang Production & Construction Corps (XPCC) is a unique economic and quasi-military organization founded in the 1950s. Photo: VCG


85-Year-Old Petitioner, in Poor Health, Denied Parole

Li Shuxian sentenced to over two years for demanding government punish developers who cut down her trees

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Li Shuxian speaks on the phone during a visit by her daughter Guan Guixia in June. Photo: Li’s family


Update: ‘First Fully Homegrown’ Browser Outed as Based on Google’s Chrome

Rejecting allegation, developer’s co-founder tells state media that Redcore still uses ‘domestic core technology’

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Photo: VCG


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