November 22, 2017
Caixin Newsletter
BUSINESS & TECH
U.S. Arrests Former Hong Kong, Senegal Officials for Bribery
Justice Department says pair acted on behalf of Chinese energy firm; CEFC China denies connection
ECONOMY
China Unlikely to Ditch Growth Target for 2018, Goldman Sachs Says
Most likely scenario is policymakers to accept a marginal slowdown in goal to "around 6.5%," economists say in new report
BUSINESS & TECH
China to Pump Brakes on Electric Vehicle Subsidies: Source
Automakers to find it harder to access cash, and support to be slashed sooner than planned
DOING BUSINESS IN CHINA
LeEco Lessons Part 2: Beware of the Buzzword
Company's use of trendy tech terms, boastful comparisons to Apple were some of the red flags leading up to its implosion
FINANCE
Is the Listing Back Door Back Open?
Qihoo 360's return to Shanghai bourse sparks hopes for revival of reverse takeover
ECONOMY
Greying China Bolsters Support for Pension Fund
Central government launches pilot program to strengthen social insurance program as country deals with rapidly aging population
BUSINESS & TECH
Courier Company Picks Up Jumbo Jets on Taobao
SF Express buys two seized Boeing 747s from Shenzhen court through e-commerce platform
BUSINESS & TECH
Diageo-Brand Baijiu Reaches for Top Shelf With $250 Bottle
Swellfun takes on Moutai as rebounding baijiu market spurs higher-end product lines
BUSINESS & TECH
Wanda Group Eyes Potential Sale for Global Property Portfolio
Debt-heavy company says it could consider 'any business opportunities which can create value for shareholders'
BUSINESS & TECH
Matchmaker Zhenai Hooks Up With New Owner
Private equity firm PAG buys controlling interest in Shenzhen-based online dating service
BUSINESS & TECH
Apple Hangs Up on Skype in China
Popular chatting service gets kicked off iPhone-maker's China app store due to rule violations
BUSINESS & TECH
Quick Take: MGM China to Launch Second Resort in Macau
Opening of $3.4 billion hotel-casino shows recovery of island's gambling, tourism industries
BUSINESS & TECH
Tencent, Facebook Trade Places in Value Charts
Chinese social networking giant briefly passes U.S. peer in market value, following doubling of former's stock this year
FINANCE
Regulator Steps Up Curbs on Microlenders, Sets Higher Entry Barriers
Government tries to hold back the booming sector by temporarily cutting funding source
FINANCE
Conglomerate Backed by Tycoon Xiao Jianhua to Cut Insurance Stakes
Two companies linked to Xiao's Tomorrow Group will sell major stakes in Huaxia Life to Zhongtian, a Guizhou-based developer
POLICY & REGULATION
Approval of New Online Microlenders Suspended Amid Risk Concerns
Qudian, PPDAI shares plunge in U.S. after Chinese government orders provincial regulators to suspend license approvals for online small loan companies
OPINION
Opinion: Is the Global Balance Sheet Crisis Over?
We must construct a 'social balance sheet,' since the biggest asset of any nation is human talent
PEOPLE
China's Former Internet Tsar Caught in Anti-Graft Net
Party's corruption watchdog says it's investigating Lu Wei, former head of China's cyberspace administration, for alleged corruption
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