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Caixin-Sinica Business Brief: Tragic Events at Ele.me, Pinduoduo Spark Concern Over Labor Practices
Plus, U.S. adds nine Chinese companies to blacklist; Biden appoints two senior National Security Council officials to Asia-Pacific and China positions; and stronger-than-anticipated demand for personal protective equipment drives the nation’s trade surplus to a record-high level
Jan 20, 2021 17:43 PM
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Caixin China Biz Roundup: Yoozoo CEO Murder Suspect Ran Poison Lab, Tested Toxins on Pets, Sources Say
In today’s episode: people close to the matter provide sinister insights into the man accused of poisoning gaming studio chief Lin Qi; how short-video platforms may have inadvertently contributed to wildlife trafficking; and with 2.3% GDP growth, China looks like it might be the only major economy to experience an expansion in 2020
Jan 19, 2021 19:36 PM
00:00/00:00Caixin China Biz Roundup: How Will Biden Shape U.S.-China Relations?
In today’s episode: exploring the next U.S. administration’s approach to Beijing; Xiaomi has been added to Washington’s notorious "entity list"; and how taxing the nation’s rapidly expanding digital economy has become a major headache for policymakers
Jan 18, 2021 18:19 PM
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Caixin China Biz Roundup: Tech Titans Slammed for ‘Algorithmic Bullying’
In today’s episode: consumer group accuses internet giants of using data-based algorithms to put consumers at a disadvantage; the nation’s tipple of choice, baijiu, gets a new English name to attract international fans; and the father of China’s lunar mission has called on the country to establish a space station orbiting the moon
Jan 15, 2021 19:00 PM
00:00/00:00Caixin China Biz Roundup: Food Delivery Driver Sets Himself on Fire Over Wage Frustrations
In today’s episode: Ele.me faces tough questions after driver takes drastic action to protest withheld pay; how safe is your data in the world’s second-largest economy; and autonomous vehicles could soon go for a test spin on China’s highways
Jan 14, 2021 18:11 PM
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Caixin China Biz Roundup: Cosmetics Company Apologises for ‘Victim Shaming’ Advert
In today’s episode: Purcotton faces backlash on Weibo for ad that seems to make light of sexual harassment; lithium prices surge as domestic NEV sales bounce back; and no imported forms of a key cancer drug will be available on China’s public health insurance
Jan 13, 2021 19:04 PM
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The Caixin-Sinica Business Brief: China Battles its Worst Covid-19 Outbreak in Months
Plus, a former top financial official is sentenced to death; internal clashes at SMIC have spurred resignations from the executive suite; and social media users debate overtime work culture after Pinduoduo employee dies
Jan 12, 2021 19:19 PM
00:00/00:00Caixin China Biz Roundup: Second Pinduoduo Worker Death Reignites ‘996’ Culture Debate
In today’s episode: e-commerce giant reports employee suicide, marking the second death at the company in less than two weeks; Irish whiskey-makers are thirsty to crack the Asian market; and China ditches limits on credit card interest rates
Jan 12, 2021 19:09 PM
00:00/00:00Caixin China Biz Roundup: China Issues New Rules to Counter ‘Unjustified’ Foreign Laws
In today’s episode: how Beijing’s latest regulations block citizens and companies from having to follow foreign legislation and other measures; faux meat player Impossible Foods hungers for a bite of the world’s second-largest economy; and the northern city of Shijiazhuang mobilizes 3,000 medical workers to test its 11 million-strong population
Jan 11, 2021 19:14 PM
00:00/00:00Caixin China Biz Roundup: Northern China Grapples with Country’s Worst Coronavirus Outbreak in Months
In today’s episode: Shijiazhuang, a city of 11 million in Hebei province, has gone into strict lockdown amid a surge in new cases; China’s biggest chipmaker stops trading in the U.S. after presidential order cuts it off from American investment; and how online education companies seem to be building war chests and burning through cash as competition heats up
Jan 08, 2021 19:08 PM
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