China Business Insider - News From Caixin Global

In today’s episode: how American users are trying to save the app from being shut down in the U.S.; Beijing says it's signed more debt-freeze deals with poor countries struggling to repay loans amid the pandemic; and China steps up screenings of all inbound travelers.

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She Kailun, a man with at least four names, leads a $15 billion project in a quiet border village that is under probe as a massive front for illegal gambling.

In today’s episode: As part of a plea deal, Taiwanese contract chipmaker UMC will pay a $60 million fine; Hangzhou could become China’s first city to introduce a ban on facial recognition in residential areas; and how Hong Kong-owned companies operating in the Greater Bay area may be able to choose the jurisdiction they resolve disputes in.

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In today’s episode: what a Democrat victory at the U.S. presidential elections could mean for bilateral ties; China’s corn imports are on track to double and how this could impact global prices of the crop; and why demand for factory workers is booming nationwide.

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In today’s episode: why the current pharmaceutical patent system may actually render treatment unaffordable for many patients; big tech names get swept up in a campaign to clean up mobile browsers; and Pakistan’s first subway line is finally up and running — an infrastructure project that was funded, built and operated by Chinese firms.

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In today’s episode: China imposes unspecified sanctions on Raytheon, Lockheed and Boeing after U.S. approves $1.8 billion weapons sale to Taiwan; the founder of Momo dating app appears to have fallen out of love with his CEO position; and how Ant Group could score the world’s largest IPO ever.

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This week on the Caixin-Sinica Business Brief: Sweden bans Chinese telecommunications giants Huawei and ZTE from its 5G network; China’s central bank announces its digital currency will be able to be used without an internet connection; and one of China’s largest fast-food chains rolls out artificial meat options made from seaweed proteins. 

In addition, we speak with Caixin Global’s general news reporter, Matthew Walsh, about President Xi's pledge for China to achieve carbon neutrality by 2060.

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In today’s episode: Safety concerns sparked after zoo employee is killed by animals; China’s $157 billion market for exchange-traded funds becomes directly accessible to overseas investors; and as Huawei takes a hit from U.S. sanctions, a local panel-maker says its smartphone screen orders have ballooned as its hometown peers race to seize the tech giant’s market share.

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In today’s episode: Beijing-based Yuanfudao rakes in $2.2 billion in two fundraising rounds; China’s military to pull its sports teams from national open competitions; and central government says urban-dwelling migrants will remain the legal heirs to their rural parents’ homes.

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In today’s episode: China’s foreign ministry warns that Swedish businesses could suffer if Stockholm follows through with the Huawei ban; why achieving its climate targets won’t be an easy feat for world’s second-largest economy; and Beijing encourages domestic investors to invest more money abroad.

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