In this week’s episode: Huawei spinoff Honor looks to challenge Apple and Samsung in Europe, and TikTok tries to make itself less addictive to teens. Plus, Mercedes pivots to EV battery recycling in China, and, the country’s richest woman succeeds her father as chairperson of property developer giant Country Garden.

In addition, Yukun Zhang joins to discuss how an averted public bus shutdown in the Shangqiu, Henan, illustrates the difficulties that local governments are experiencing with their finances.