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Saturday Long Read - A Fugitive Businessman’s High-Profile Bet in Myanmar
She Kailun, a man with at least 4 names, leads a $15 billion project in a quiet border village that is under probe as a massive front for illegal gambling
Oct 31, 2020 17:00 PM
00:00/00:00Caixin China Biz Roundup: UMC Pleads Guilty to Stealing Trade Secrets from U.S. Company
In today’s episode: As part of a plea deal, Taiwanese contract chipmaker UMC will pay a $60 million fine; Hangzhou could become China’s first city to introduce a ban on facial recognition in residential areas; and how Hong Kong-owned companies operating in the Greater Bay area may be able to choose the jurisdiction they resolve disputes in
Oct 30, 2020 18:27 PM
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Caixin China Biz Roundup: How Could a Biden White House Reshape U.S.-China Relations?
In today’s episode: what a Democrat victory at the U.S. presidential elections could mean for bilateral ties; China’s corn imports are on track to double and how this could impact global prices of the crop; and why demand for factory workers in booming nationwide
Oct 29, 2020 17:55 PM
00:00/00:00China Biz Roundup: China’s Latest Remedy for Its Generic Drug Woes
In today’s episode: why the current pharmaceutical patent system may actually render treatment unaffordable for many patients; big tech names get swept up in a campaign to clean up mobile browsers; and Pakistan’s first subway line is finally up and running — an infrastructure project that was funded, built and operated by Chinese firms
Oct 28, 2020 18:09 PM
00:00/00:00Caixin China Biz Roundup: Beijing to Slap Sanctions on U.S. Companies Following Arms Sale to Taiwan
In today’s episode: China imposes unspecified sanctions on Raytheon, Lockheed and Boeing after U.S. approves $1.8 billion weapons sale to Taiwan; the founder of Momo dating app appears to have fallen out of love with his CEO position; and how Ant Group could score the world’s largest IPO ever
Oct 27, 2020 18:16 PM
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Caixin-Sinica Business Brief: Understanding China’s Pledge to Achieve Carbon Neutrality by 2060
Plus, Sweden bans Huawei and ZTE from 5G network; central bank announces its digital currency will be able to be used without an internet connection; and one of the nation’s largest fast-food chains rolls out artificial meat options made from seaweed proteins
Oct 27, 2020 15:39 PM
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Caixin China Biz Roundup: Fatal Bear Attack Leads to Scrutiny of Shanghai Wildlife Park
In today’s episode: safety concerns sparked after zoo employee is killed by animals; China’s $157 billion market for exchange-traded funds becomes directly accessible to overseas investors; and as Huawei takes a hit from U.S. sanctions, a local panel-maker says its smartphone screen orders have ballooned as its hometown peers race to seize the tech giant’s market share
Oct 26, 2020 18:36 PM
00:00/00:00Caixin China Biz Roundup: How Yuanfudao Became One of the World’s Most Valuable Ed-Tech Players
In today’s episode: Beijing-based Yuanfudao rakes in $2.2 billion in two fundraising rounds; China’s military to pull its sports teams from national open competitions; and central government says urban-dwelling migrants will remain the legal heirs to their rural parents’ homes.
Oct 23, 2020 18:55 PM
00:00/00:00Caixin China Biz Roundup: China Urges Sweden to Lift Huawei Ban
In today’s episode: China’s foreign ministry warns that Swedish businesses could suffer if Stockholm follows through with the Huawei ban; why achieving its climate targets won’t be an easy feat for world’s second-largest economy; and Beijing encourages domestic investors to invest more money abroad
Oct 22, 2020 18:53 PM
00:00/00:00Caixin China Biz Roundup: Sweden Blocks Huawei and ZTE From New 5G Networks
In today’s episode: Stockholm’s bold decision prompted by suspicions over the links between Beijing and the two tech giants; why Chinese lawmakers are calling the nation’s proposed laws on facial recognition too vague; and Pakistan overturns its Tiktok ban
Oct 21, 2020 17:12 PM
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