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Caixin China Biz Roundup: PepsiCo Factory Becomes Beijing’s Latest Coronavirus Hotspot
In today’s episode: The multinational could be facing a potential PR disaster after a string of Covid-19 infections at its plant; steel titan Baowu gears up to develop the world’s biggest untapped iron ore reserve; and Anhui province’s rural credit system gets shaken by an anti-graft storm
Jun 23, 2020 19:20 PM
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The Caixin-Sinica Business Brief: Washington to Permit Companies to Work with Huawei on 5G Standards
Plus, Yum China files confidentially for Hong Kong listing; local governments to provide incentives for up-and-coming live streamers to boost e-commerce; and the latest on air travel between the U.S. and China
Jun 23, 2020 11:17 AM
00:00/00:00Caixin China Biz Roundup: The $575 Million Fake SOE Scandal
In today’s episode: Ten arrested on allegations of illegally raising billions of yuan by posing as state owned enterprises; how Hong Kong universities are hoping to attract top students whose overseas study plans were wrecked by the virus; and why a mountain of public funds earmarked for investment in infrastructure and public welfare projects were left idle last year
Jun 22, 2020 20:14 PM
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Sunday Long Read: How New Mutual Aid Platforms Fill a Hole in China’s Health-Care Coverage
China’s nascent market for online health-care mutual aid platforms has attracted more than 150 million participants. However, the industry may also expose participants to operational, financial and legal risks
Jun 21, 2020 17:00 PM
00:00/00:00Saturday Long Read: China Debates Revamp to Disease Control System
Policymakers and medical experts agree that the CDC is in serious need of reform, especially if the country wants to win its fight against Covid-19 and contain future epidemics. However the matter of how to reform the agency is proving to be a very complicated matter
Jun 20, 2020 17:00 PM
00:00/00:00Caixin China Biz Roundup: China Never Banned Companies from Sharing Audit Working Papers to Foreign Regulators, says Watchdog Chief
In today’s episode: CSRC Chief hits back at Washington’s complaints of poor access to audits of U.S.-listed Chinese enterprises; what this year’s 6.18 online shopping bonanza tells us about consumer spending amid the pandemic; and how tensions between India and China could impact business
Jun 19, 2020 20:06 PM
00:00/00:00China Biz Roundup: Domestic Pharma Shares Fly Amid Encouraging Results of Coronavirus Vaccine Candidate
In today’s episode: Sinopharm shares leap 15% following promising news on a Chinese trial vaccine against Covid-19; Beijing waives taxes to attract foreign asset managers; and central bank establishes a 200 billion yuan fund to bolster small and midsize lenders saddled with bad debt
Jun 18, 2020 18:51 PM
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The Caixin-Sinica Business Brief: Beijing Battles Coronavirus Outbreak
Plus, American Express receives approval to start bank card clearing services in China; a 24-hour hostage situation involving one of China’s richest men ends with five arrests; and NetEase plans for secondary IPO in Hong Kong
Jun 18, 2020 10:46 AM
00:00/00:00Caixin China Biz Roundup: Beijing Authorities Race to Contain Coronavirus Outbreak
In today’s epsiode: next few days are critical for the capital city’s fight against the virus, says top epidemiologist; how Hong Kong could rake in as much as $557 billion dollars as more U.S.-listed Chinese companies consider secondary listings in the Asian financial hub; and masses of disgruntled investors demand Sichuan Trust return their money
Jun 17, 2020 19:54 PM
00:00/00:00Caixin China Biz Roundup: Fishy Claims Swirl Around Beijing Covid Outbreak
In today's episode: speculation that fish contaminated with the coronavirus triggered Beijing's Covid-19 outbreak wreak havoc on seafood vendors; Midea's billionaire founder rescued from kidnappers in dramatic police raid; and how the world’s second biggest economy is holding up in the midst of the global pandemic
Jun 16, 2020 19:14 PM
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