The Best Reads of the Week From Caixin
President Xi Jinping on Tuesday promised lower tariffs on car imports, harsher punishment for intellectual property rights violators and a faster financial opening-up, in a speech seen by analysts as an olive branch to U.S. President Donald Trump to ease bilateral trade tensions.
Four popular Chinese news apps, including top news aggregator Jinri Toutiao, have been removed from major mobile app stores — the latest regulatory blow amid the country’s tightening scrutiny over online content.
A second allegation of sexual misconduct has been leveled against Shen Yang, a former professor at Beijing’s prestigious Peking University, who was recently accused of raping a student before she committed suicide 20 years ago.
The government is embarking on a major drive to improve the quality of statistics related to the country’s financial sector as policymakers intensify efforts to curb risks in the economy.
Chinese ride-hailing giant Didi Chuxing plans to use its own platform to enter Mexico this month, marking a break from the company’s global expansion strategy, which usually involves partnering with local players.
These are the five stories that I don’t want you to miss from last week. Please share your comments on The Weekender section and on our other coverage at firstname.lastname@example.org.
And when you’re done perusing these must-read stories, check out Caixin’s weekly digital magazine.
President Xi Jinping delivers a speech on Tuesday at the opening ceremony of the Boao Forum for Asia Annual Conference 2018 in Boao, South China’s Hainan province. Photo: IC
Four popular news apps (above) have been ordered to be taken from major app stores. Photo: VCG
The friends and family of Gao Yan (pictured) have said she committed suicide in 1998 after being sexually assaulted by Peking University professor Shen Yang. Shen has denied that he had a sexual relationship with Gao. Photo: Provided by the Gao family
China’s cabinet has ordered that a comprehensive statistical system be built within the financial industry. Photo: VCG
Didi Rolls Into Uber’s Turf in Mexico
Chinese ride-hailing leader decides to go it alone rather than link up with local firm
After a December fundraising round, Didi is now valued at $56 billion. Photo: VCG
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