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Plus, Luckin Coffee reports its first-ever operating profit; Airbnb prepares to leave China; and several Shanghai residents depart city as lockdown eases.
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Semiconductor giant says its ambitions for the country are not dented by growing competition and bilateral tensions; BYD’s goals to expand into Latin America; and Shanghai’s plans to revive its economy.
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City reopens some public spaces with capacity limits; investigation launched into whether hospital Covid rules led to man’s death; and the latest on the troubled drugmaker, Kangmei.
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The government has been trying to get shots specifically into the arms of people over 60 for more than a year, yet the vaccination rate of this most vulnerable group has remained consistently low. Read the article by Yu Huanhuan and Yan Shengnan: https://www.caixinglobal.com/2022-05-07/why-chinas-seniors-hesitate-to-get-vaccinated-101881363.html
Narrated by Nandini Venkata
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As government pension funds run dry and employer benefits fall short, policymakers put renewed emphasis on personal retirement funds. Read the article by Yu Hairong, Cheng Siwei, Yue Yue, Wu Yujian and Han Wei: https://www.caixinglobal.com/2022-05-16/cover-story-chinas-race-to-provide-for-its-aging-population-101885398.html Narrated by Sylvia Franke.
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Funeral home gets ridiculed online for demanding negative virus test results from the deceased; logistics companies grapple with lockdowns; and property giants ask for more time to pay back bonds.
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Why firms like Baidu and Alibaba could be victims of a long-running Sino-U.S. audit dispute; Luckin turns a profit; and global business leaders call for commonly accepted standards on sustainability evaluations.
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Company plans to end operations in the world’s second-largest economy; Davos photo used by U.S. politician to slam China did not show any Chinese; and Tencent’s mass layoffs.
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AI commentator and investor talks about his book AI 2041, in which he considers possible futures for humanity if deep learning applications develop as planned.
This episode is from the Eye on AI podcast series. To check out more episodes, click here.
Ride-hailing giant can now work with Chinese regulators on overhaul of data systems and possible Hong Kong relisting; Beijing discourages citizens from traveling overseas; and the latest from Davos.
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