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Caixin China Biz Roundup: Ban on Eating Wild Animals Leaves Bitter Aftertaste for Former Traders
In today’s episode: Wildlife traders struggle to transition to new industries following China’s crackdown on eating exotic animals; Cathay Pacific Airways' stock jumps the most in 12 years but the airline still sees turbulence ahead; and what American regulators can and cannot inspect when it comes to Chinese companies listed in the U.S.
Aug 13, 2020 19:25 PM
00:00/00:00Caixin China Biz Roundup: Corruption Scandal of Record Bribery and 100 Mistresses Shocks the Nation
In today's episode: state-owned bad bank chief accused of taking more bribes; than anyone else in the country; France’s privacy watchdog has launched an investigation into Tiktok; and Chinese mainland firms outnumber U.S. in Fortune 500 global companies list, but lag in profitability
Aug 12, 2020 17:26 PM
00:00/00:00Caixin China Biz Roundup: Shanghai Confirms Jump in Imported Covid-19 Cases
In today’s episode: China’s commercial capital reports 18 new infections as city emerges as top national gateway for international flights; speculation that Microsoft is preparing to leave China whips up a social media storm; and electric-car maker Xpeng plans to go public in New York
Aug 11, 2020 18:38 PM
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Caixin China Biz Roundup: Huawei Pulls Plug on Flagship Chipsets in Response to U.S. Sanctions
In today’s episode: How Washington’s efforts to block key chipmakers from working with Chinese telecom giant Huawei could affect its business; domestic exports experience the fastest expansion since December; and is time up for TikTok in the U.S.?
Aug 10, 2020 17:55 PM
00:00/00:00Sunday Long Read: Behind the Bet on China’s Pricey, Technologically Lagging Chipmakers
As this episode reveals that the frenzy in the public market could very well come back to bite investors as the local semiconductor industry remains dependent on American technology, meaning China is still playing catch-up
Aug 09, 2020 17:00 PM
00:00/00:00Saturday Long Read: Virtual Banks Pick a Tough Time to Launch in Hong Kong
ZA, Airstar and WeLab banks are already up and running, while five others are gearing up to launch. But, the current circumstances are far from inviting
Aug 08, 2020 17:00 PM
00:00/00:00Caixin China Biz Roundup: TikTok to Relocate Global Operations to Europe
In today’s episode: ByteDance app plans to build data center in Dublin and chooses London as new headquarters amid U.S. pressure; what China’s foreign minister makes of the so-called 'new cold war' between Beijing and Washington; and Baoshang Bank files for bankruptcy in final cleanup
Aug 07, 2020 19:46 PM
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Caixin China Biz Roundup: Man Who Suffered China’s Longest Wrongful Imprisonment Finally Released
In today’s episode: After spending 27 years behind bars, Zhang Yuhuan was exonerated, with a court citing insufficient evident; domestic semiconductor stocks surged as China announces support policies; and profits nosedive at the company that provides the bulk of the nation’s electricity
Aug 06, 2020 18:50 PM
00:00/00:00Caixin China Biz Roundup: Trump Sets September Deadline for Tiktok Sale
In today’s podcast: U.S. president threatens to boot ByteDance app within six weeks unless a domestic company buys it; HSBC has bold plans to ramp up its wealth management business in the world’s most populous country; and mining giant Rio Tinto and its Chinese partner Chalco move forward on a critical iron ore mine in Guinea
Aug 05, 2020 19:42 PM
00:00/00:00Caixin China Biz Roundup: China’s Fight Against Poverty
In today’s episode: Lawmakers and government advisers call for the first national legislation on poverty alleviation; how Xiaomi CEO and founder Lei Jun has been leveraging his social media stardom to publicize his products; and how foreign investors may soon gain wider market access to local manufacturing and services sectors
Aug 04, 2020 18:51 PM
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