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In today’s episode: cash-challenged coal miner struggles to repay 1 billion yuan bond; court orders Baidu to pay $10 million in a mapping dispute; and the property management arm of indebted Evergrande eyes Hong Kong IPO to ease its liquidity crisis.
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On this week's show: China's national legislature approves an amended law that increases maximum penalties for copyright infringement tenfold; President Xi Jinping announces that his country will “actively consider” joining the CPTPP; and Malaysia terminates a major $10.5 billion Belt and Road Initiative project in the country.
In addition, we speak with Caixin Global’s podcast producer, Nandini Venkata, about recent fraud allegations against JOYY Inc.
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In today’s episode: President Xi says the country is ‘actively considering’ joining the trade pact although negotiating entry remains challenging; Malaysia ditches $10.5 billion ‘white elephant’ infrastructure project involving Chinese investors; and Beijing pledges to promote cross-border regulatory cooperation with Washington.
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In today’s episode: Short seller bets against Chinese livestreaming giant, accusing it of inflating its revenue; women who were fitted with mandatory contraceptive devices and suffered painful health complications for decades, are yet to receive proper compensation for their ordeal; and Beijing decides the U.K. health service’s Covid-19 tests are invalid for travelers wanting to enter China.
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In today’s episode: amended law ushers in harsher penalties for intellectual property violations; McDonald’s outlines ambitious expansion plan as China thirst for coffee grows; and the government calls on local farmers not to misuse cropland amid rising food supply concerns.
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In today’s episode: The $3 billion bond listing had sparked speculation China Construction Bank could dabble in bitcoin trading; Huawei will sell Honor, its budget smartphone brand to a state-backed consortium; and government economist says China should set itself 5% growth target for the coming five years.
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In today’s episode: Beijing exceeds its ’air pollution quota;’ chipmaking giant Qualcomm gets green light to supply Huawei with older chips; and Baoshang Bank won’t pay up on $1 billion bond
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In today’s episode: 15 Asia-Pacific nations sign a major regional free-trade deal; how some of the country’s tech giants enabled a dramatic uptick in illegal online gambling; and infectious disease expert predicts that international travel will return to normal in 18 months.
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In today’s episode: Investment banks predict the world’s second largest economy could grow as much as 9%; Beijing plans to keep the 2022 Winter Olympic Games free of plastic waste; and default by a local coal mining company sparks national concern.
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In today’s episode: Flying between the two Asian business hubs gets easier as quarantine requirement is scrapped, but there will still be tough conditions; Huawei plans to sell its budget smartphone brand as U.S. sanctions bite; and personal credit rating giant Experian gets ready to leave China
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