China Business Insider - News From Caixin Global

In today’s episode: Despite signs of recovery, overall economic growth expected not to return to pre-Covid-19 levels for the rest of 2020; world’s top contract chipmaker will no longer supply Huawei due to U.S. sanctions; and China’s top court unveils new plan to tackle bond disputes — but is it really up to scratch?

In today’s episode: Huge injection of funds could help chipmaker surpass international rivals; Trump administration makes U-turn on policy that threatened international students with deportation; and how relaxing equity investment restrictions could unleash trillions into China's economy.



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In today’s episode: What’s up with the British government U-turn on the tech titan; behind Jack Ma’s $8.2 billion divestment; and China’s exports and imports have returned to growth.

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In today’s episode: U.S. tech giant’s Xiaoice chatbot to become a separate company headed by former executive Harry Shum; rigorous testing of cold food imports has tripled customs clearing times at several Chinese ports; and banking regulator warns of a coming wave of nonperforming loans as the full force of the pandemic’s economic costs is yet to be felt.

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This week on the Caixin-Sinica Business Brief: Chinese ride-hailing set to experiment with digital currency on its platform in partnership with China’s central bank; TikTok revealed that it has deleted 50 million videos from its platform in the latest transparency report published by the company; and The Peoples' Bank of China is considering extending a grace period for companies to comply with new asset management rules to mitigate the impact of COVID-19.

In addition, we speak with Doug Young, Caixin Global managing editor, about the ongoing feud between the now-divorced cofounders of former major ecommerce company Dangdang.

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In today’s episode: What the multibillionaire has to say on China, the pandemic and global health; Tiktok rolls out new transparency report amid rising scrutiny from foreign governments; and could business for seafood vendors suffer after packaging of imported shrimp tests positive for the coronavirus?

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Once hailed as the most profitable trust company in the nation, Anxin now has fallen foul of regulators. Not only is the company facing scrutiny over its mounting defaults and opaque operations, but a financial hole worth billions has been discovered on its books. How exactly did Anxin fall so dramatically from grace? And how will the scandal influence China’s $2.8 trillion trust industry? The episode investigates.

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After a nearly two-month streak without a single coronavirus case, Beijing suddenly suffered a spike in Covid-19 infections. This episode explores how the knock-off effects of the virus’s resurgence and city’s revived disease control measures could spell the end for several small and midsize companies. In the face of falling revenue, high fixed costs and frail financial support, thousands of local businesses are struggling to survive Beijing’s second wave.

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In today’s episode: the murky world of “cash out services”; Harvard University and MIT gear up for a legal battle against U.S. immigration authorities over new student visa policy; and ride-hailing giant Didi collaborates with central bank on a digital currency trial.

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In today’s episode: U.S. President Donald Trump says that Washington is considering banning ByteDance’s popular video-sharing app; Chinese international students at American universities could be left in limbo due to an updated visa policy; and why China’s stock market appears to be in the middle of a bull market.

SPECIAL OFFER: Caixin Global is offering all our podcast listeners an exclusive 40% off discount for our Basic Yearly package! Just head over to caixinglobal.com and click on the blue "Subscribe" button on the top right. To access this special deal, just subscribe to the Basic Yearly package and enter this special promo code: cxgpodcast. This offer is only available for a limited time.


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