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Contagion fears mount after crypto hedge fund falls on hard times; study shows tiny percentage of Shanghai Covid patients became seriously sick; and the latest on Henan health code scandal.
Are you a big fan of our shows? Then please give our podcast account, China Business Insider, a 5-star rating on Spotify, Apple, or wherever you listen to podcasts
The country has benefited from China-U.S. tensions and a successful response to Covid-19.
Read the article by Vincent Chan: https://www.caixinglobal.com/2022-05-11/opinion-how-singapore-could-outperform-shanghai-hong-kong-to-become-asias-financial-center-101883674.html
Narrated by Nandini Venkata.
Announcement comes as private sector investment wanes; IQiyi dismisses reports of Baidu planning to sell majority stake; and top Chinese AI scientist dies suddenly.
Are you a big fan of our shows? Then please give our podcast account, China Business Insider, a 5-star rating on Spotify, Apple, or wherever you listen to podcasts
The move comes after a two-year suspension; Shanghai wholesalers are demanding rent exemptions; and HNA Innovation faces delisting.
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Anti-Covid system allegedly used to prevent people from withdrawing cash out of banks in Henan province; Shanghai’s latest plan to stamp out crypto mining; and Beijing takes aim at venues flouting virus restrictions.
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Plus, regulator quashes talk of a revived Ant Group IPO; the debate over IVF for single women in China heats up; and new virus outbreaks in Shanghai and Beijing.
Are you a big fan of our shows? Then please give our podcast account, China Business Insider, a 5-star rating on Spotify, Apple, or wherever you listen to podcasts.
Nine arrested after four women assaulted in a restaurant; Didi stops trading on NYSE; and Hong Kong’s financial brain drain.
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Securities watchdog denies working on reviving fintech giant’s listing; Covid cases creep up in Shanghai and Beijing; and Sino-U.S. tensions simmer over Taiwan
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As the golden years of mining fade, the resource-depleted city of Hegang is struggling to survive.
Read the article by Cheng Siwei and Zhang Yukun: https://www.caixinglobal.com/2022-05-10/in-depth-coal-once-a-boon-turns-chinese-rustbelt-city-into-a-bust-101883185.html
Narrated by Cliff Larsen.
National Healthcare Security Administration says local medical insurance funds shouldn’t be used for large-scale programs.
Read the article by Liu Denghui, Dong Hui and Zhang Yukun: https://www.caixinglobal.com/2022-05-26/in-depth-as-mass-covid-testing-becomes-chinas-new-normal-debate-grows-over-who-pays-101890666.html
Narrated by Sarah Kutulakos.
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