China Business Insider - News From Caixin Global

In today’s episode: Tiktok’s parent plans to keep majority ownership of the new company while U.S. executives will control its board; market regulator orders ecommerce and food delivery giants to crack down on illegal sales in a bid to protect the Yangtze river’s biodiversity; and China’s aviation authorities halt Shanghai-Manila flight of a local airline that brought in Covid-19 cases from overseas.

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This week on the Caixin-Sinica Business Brief: The fate of WeChat in the United States remains in limbo, Washington further tightens the screws on Huawei, and Trump approves a TikTok-Oracle deal. 

In addition, we speak with Caixin Global managing editor Doug Young, about the makeup of the board of TikTok Global.

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In today’s episode: federal judge halts nationwide crackdown on WeChat as its American users argue such a move would violate free-speech rights; White House approves Tiktok deal between Bytedance and Oracle; and China is on the way to revamping its medical insurance system — a move that will affect 300 million people


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Both the EU and China have strong reason to complete the long-running negotiations by the end of 2020

In today’s episode: Moutai to issue to $2 billion to save debt-ridden fellow SOE; China’s leading science academy pledges to counter the tech decoupling with the U.S.; and experts call on the nation to abandon any timeline for phasing out gasoline and diesel car



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In today’s episode: court gets tough on Chen Feng as the conglomerate grapples with debt disputes; British travel agency Thomas Cook makes a comeback under new Chinese ownership; and top chipmakers apply for licenses to supply Huawei as U.S. tightens regulations

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In today’s episode: wages surge as domestic semiconductor companies compete for workers; Covid-19 nasal spray vaccine candidate starts clinical trials; and what’s up with the nation’s sweeping regulatory changes for financial holding companies.

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In today’s episode: Locals in the Gansu provincial capital continue to suffer from various symptoms after contagion spread from state-owned factory last year; Kaifu Lee’s comments on facial recognition sparks a PR disaster; and how China and the EU are pushing to finalize critical investment treaty talks.

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In this week's episode: The American Chamber of Commerce in Shanghai releases its latest survey; China allows increased foreign ownership of virtual private network (VPN) services: China Electronics Corp. launches cloud services; Tokyo-based SBI Group considers leaving Hong Kong;  and a six-month investigation into the harsh working conditions of delivery drivers. 

In addition, we speak with Caixin Global managing editor Doug Young about Huawei’s push to develop and launch its own smartphone operating system, HarmonyOS.



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In today’s episode: which U.S. company – if any – will be taking over the Bytedance app’s American assets?; a growing number of luxury brands are tailoring their products to suit China’s palate as the country’s demand for such lavish goods continues to boom; and how foreign entities will be allowed to own as much as 50% of VPN joint ventures.

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