China Business Insider - News From Caixin Global

City on Myanmar border has been mostly locked down since July, prompting thousands to leave as businesses and incomes evaporate.

Read the article by Hua Ang, Dai Fankai and Han Wei: https://www.caixinglobal.com/2021-11-02/in-depth-life-on-pause-in-ruilis-endless-fight-against-covid-19-101794693.html

Narrated by Heather Mowbray.

Industry group says darkest days of supply problems have passed; Beijing bans 106 apps for data security violations; and China approves Covid neutralizing antibody treatment

Video streaming platform embarks on major staff cuts as losses mount; controversial startup Royole has not paid its employees for months; and Weibo’s shares flop in Hong Kong

Researchers unveil a new alloy in the fight against the coronavirus; British businesses operating in China struggle to retain and hire foreign staff amid tight travel restrictions; and Evergrande sets up risk management committee

Plus, Didi announces its impending delisting from the NYSE; China appears on track to surpass 2021 GDP target, and how a mother’s desperation to treat her sick child landed her in legal trouble

The city’s impressive results are due to low tobacco use, researchers say; a court battle highlights a mother's desperation to get medicine for her sick child, and cryptocurrency exchange Huobi gets ready to exit the Chinese mainland

Ride-hailing giant will depart the New York Stock Exchange; lifting the lid on omnicron; and ByteDance’s ambitions to get into the cloud business

From antitrust to data privacy, what should be the ultimate goal of regulating Big Tech? What should be the principle to regulate data, especially cross-border data flows? Some platforms provide financial services to merchants and consumers that are traditionally not accessible. How to regulate these activities, at the same time promoting financial inclusiveness? How can regulators stay ahead of potential threats posed by accelerating technological changes? And how do tech companies prepare for the fast-evolving regulatory regime?

• Vincent Loy, Assistant Managing Director for the Technology Group at Monetary Authority Singapore

• Gu Qingyang, Associate Professor, Lee Kuan Yew School of Public Policy, National University of Singapore

• Cheng Hao, Managing Director, Huawei International Pte Ltd

Moderator: Chia Kim Huat, Regional Head, Corporate and Transactional Practice, Rajah & Tann

Social media users blast producers for alleged animal cruelty; HIV cases increase among China’s out-of-school youth; and Didi to delist from New York

Foreign investment has long played a crucial role in driving growth and transformation in China’s economy. Despite an uncertain global economic environment, business-friendly policies continue to be introduced, and China remains one of the world's most attractive investment destinations. However, higher geopolitical risks and fast-changing policies can raise doubts. For global investors, how to nagivate China’s investment landscape and what risks and opportunities lie ahead?

• Fred Hu, Economist and Founder, Primavera Capital Group

Moderator: Li Xin, Managing Editor of Caixin Global