The Caixin-Sinica Business Brief

This week on the Caixin-Sinica Business Brief: TikTok revealed that it has deleted 50 million videos from its platform in the latest transparency report published by the company, The People’s Bank of China is considering extending a grace period for companies to comply with new asset management rules to mitigate the impact of COVID-19, and Chinese ride-hailing giant Didi Chuxing is set to experime...

This week on the Caixin-Sinica Business Brief: Urban unemployment rates in China rise to 5.9% despite lower numbers of daily coronavirus cases in the country, TikTok’s fate in the United States hangs precariously in the wake of an announcement by U.S. Secretary of State Mike Pompeo, and the French government hedges its bets on the future of Huawei in its domestic telecommunications infrastructure....

This week on the Caixin-Sinica Business Brief: A Chinese jewelry company promises gold bars as collateral for loans — but something else is below the surface. Profits are up for industrial enterprises, but it’s still been a rough first half of 2020. Beijing changes the rules for Apple’s App Store for games that charge money. China’s regulators look like they’ll be allowing commercial banks to offe...

This week on the Caixin-Sinica Business Brief: Yum China Holdings, Inc., operator of large fast-food chains such as Pizza Hut and Kentucky Fried Chicken, has filed confidentially for a Hong Kong listing, U.S. companies will be allowed to work with Huawei on setting global 5G standards, and local governments begin to provide incentives for up-and-coming livestreamers in an effort to revitalize the...

This week on the Caixin-Sinica Business Brief: Seventy-nine newfound COVID-19 cases in Beijing threaten to send the city back into lockdown, American Express receives approval to start bank card clearing services in China, and a 24-hour hostage situation involving one of China’s richest men ends with five arrests.  In addition, we speak with Doug Young, Caixin Global’s managing editor, about...

This week on the Caixin-Sinica Business Brief: The Trump administration calls for tighter controls on U.S.-listed Chinese companies that engage in fraud, Beijing city authorities criminalize “slander” against traditional Chinese medicine, and the resumption of this year’s Chinese Basketball Association season on June 20, without spectators.  In addition, we speak with Doug Young, Caixin Globa...

This week on the Caixin-Sinica Business Brief: China’s Premier Li Keqiang sent out a powerful signal that the country could join Asia-Pacific’s largest free-trade pact, China’s national legislature has approved the nation’s first civil code, and Chinese drone operator EHang gets state approval to have its drones used for air logistics in China. In addition, we speak with Doug Young, Caixin Global...

This week on the Caixin-Sinica Business Brief: Premier Li Keqiang announces that Beijing won’t be setting a numerical GDP growth target for 2020, Nestlé invests $100 million into a plant-based food factory in China, and the United States Department of Commerce Entity List expands to include several research firms, as well as Chinese national security, surveillance, and cybersecurity companies.&nbs...

This week on the Caixin-Sinica Business Brief: Pinduoduo overtakes JD.com as China’s second-most-valuable online retailer, automaker BYD announces that it will reapply for U.S. regulatory approval to ship N95 face masks to California, and American soybean exporters could reclaim some of the export market lost to Brazil under the U.S.-China trade deal.  In addition, we speak with Doug Young, m...

This week on the Caixin-Sinica Business Brief: the United States Department of Homeland Security clamps down on Chinese journalists working in the U.S., the director of Shanghai’s COVID-19 clinical expert team says there is “no chance” that the coronavirus pandemic will end this summer, and online education companies in China see massive spikes in net revenues.  In addition, we speak with Cai...

This week on the Caixin-Sinica Business Brief: Automaker BYD swaps car production for face masks, ByteDance-owned short-video app TikTok’s downloads soar to over 2 billion, and Australia joins China and the European Union in calling for a new trade dispute system within the WTO.  We also speak with Caixin Global managing editor Doug Young about plummeting smartphone shipments from China at a...

This week on the Caixin-Sinica Business Brief: Companies struggle to cope with the coronavirus-induced economic slowdown, top Hubei officials get ousted, and the government takeover of private charity donations causes a stir.  In addition, we speak with Tanner Brown, head of breaking news at Caixin Global, about the impact of local debt on small- and medium-sized enterprises in China. See Pri...

This week on the Caixin-Sinica Business Brief: Trump and Xi reaffirm their commitment to implementing the phase one trade deal, a number of manufacturers overhaul production lines in China, and financial regulators lower interest rates to alleviate pressure on small businesses. In addition, we speak with Doug Young, managing editor of Caixin Global, about some of the industries that have been hit...

This week’s episode of the Caixin-Sinica Business Brief covers the Wuhan coronavirus, which has now spread globally, including to the United States. Kaiser and Ada Shen answer questions about how far the virus has spread, how governments are responding to the outbreak, and the impact on markets in China and around the world. In addition, we speak with Tanner Brown, head of breaking news at Caixin...

This week on the Caixin-Sinica Business Brief: A phase one trade deal between the United States and China is met with skepticism, the yet-to-be-contained coronavirus continues to spread from its origin in Wuhan, and central authorities dip into the national pork reserve in an attempt to prevent greater increases in pricing before the Lunar New Year.  In addition, we speak with Tanner Brown, h...

This week on the Caixin-Sinica Business Brief: China’s trade boss heads to Washington to ink the start of a trade truce, Tesla serves up its first cars in China, and video app Douyin reveals it isn’t just millennials who are fueling its rapid growth.  In addition, we speak with Caixin Global managing editor Doug Young about how African swine fever is continuing to impact the pork industry in...

This week on the Caixin-Sinica Business Brief: The groundwork is laid between Chinese and U.S. trade negotiators on a deal, Huawei wins a major stake in Germany’s 5G network, and car sales in China sputter, down 5.4 percent in November from a year earlier. In addition, we speak with Doug Young, Caixin Global’s managing editor, about Ucommune and its plans to IPO on the New York Stock Exchange. See...

This week on the Caixin-Sinica Business Brief: Chinese and U.S. trade negotiators scramble to strike a deal before tariffs ratchet up once again on December 15, economic forecasts say China’s real GDP could slow for the third year in a row, and a former anti-corruption official is placed on the naughty list.  In addition, we speak with Caixin Global managing editor Doug Young about Huawei’s c...

This week on the Caixin-Sinica Business Brief: China’s state-owned telecommunications operators begin to eye 6G; Y Combinator’s YC China shutters its China operations; and the Chinese pork industry shows signs of life after the outbreak of African swine fever last year.  In addition, we speak with the head of breaking news at Caixin Global, Tanner Brown, about corruption at two state-owned ba...

This week on the Caixin-Sinica Business Brief: military technology, gene editing, and quantum computing enter China’s primary school curriculum, China lifts a four-year ban on U.S. poultry, and Singapore becomes a prime destination for investors looking away from Hong Kong.  In addition, we speak with Caixin Global managing editor Doug Young about Didi’s IPO plans and Alibaba’s attempts to ra...

This week, on episode 103 of the Caixin-Sinica Business Brief: Beijing’s former vice mayor pleads guilty to taking $19 million in bribes, Alibaba inches toward a second IPO in Hong Kong, and an update on the tepid and tentative trade agreement being hashed out between Beijing and Washington.  In addition, we talk with Caixin-Global managing editor Doug Young on the travails of Didi’s carpooli...

This week on episode 101 of the Caixin-Sinica Business Brief: China rolls out 5G service, Switzerland gives Huawei the green light, and Alibaba eyes a second IPO after a glowing earnings report.  In addition, we talk with Tanner Brown, head of breaking news at Caixin Global about the findings of a climate change report and the potentially catastrophic effects on southeastern China. See Privac...

This week on episode 101 of the Caixin-Sinica Business Brief: sluggish third-quarter GDP growth in China, African swine fever ravages the domestic pork supply in China, and with the help of a Tencent-backed company, Star Wars novels will be translated into Chinese for mainland audiences.  In addition, we talk with Caixin Global managing editor Doug Young about the rising concerns in Congress...

On this 100th episode of the Caixin-Sinica Business Brief: The trade deal that will pause the U.S.-China trade war, the Hong Kong protests and the NBA, the backlash against Blizzard Entertainment, and more.  In addition, we talk with Caixin Global managing editor Doug Young on Apple’s pulling of the app HKmap.live and the fallout of a tweet supporting Hong Kong sent by Houston Rockets general...

Welcome to the 99th installment of the Caixin-Sinica Business Brief, a weekly podcast that brings you the most important business stories of the week from China’s top source for business and financial news. Produced by Kaiser Kuo of our Sinica Podcast, it features a business news roundup, plus conversations with Caixin reporters and editors. This week:  We find out that China’s large oil refi...