The Caixin-Sinica Business Brief

Four arrested in India on alleged links to Vivo money laundering investigation, Golden Week tourism revenues top pre-pandemic levels, but just barely, and China set to sell a record amount of offshore yuan sovereign debt. In addition, Kelsey Cheng talks about Nio's challenges in China's competitive EV market.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief:  U.S. firms reported falling optimism for their China operations amid concerns over Sino-U.S. tensions, but many are still planning to boost investment in the country; Chinese steelmakers come out strong despite property slump; and troubled Zhongzhi-linked financial institution asks two state-owned companies to help manage its business.Plus, Yukun Zhang joins to talk about local government debt and the proposals being floated to address this potentially dangerous issue. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: The EU says it will launch an investigation into Chinese subsidies for electric vehicles in a bid to ward off cheap imports, a move Beijing says could negatively impact trade ties. Beijing denies that it has banned Apple iPhones in government agencies. And the PBOC lowers reserve requirement ratios to juice lending.In addition, Kelsey Cheng explains what's happening with China's offshore wind sector.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: China’s retail sales growth may have been weak in the first half of the year, but spending on expensive handbags, clothing, and accessories boomed, earnings reports show. China’s trade data improved in August but economic worries still linger, and Apple stock drops on reports of a Chinese government iPhone ban.Plus, Jonathan Breen provides a glimpse into the tiny world of organoids on microscopic chips — and its big potential future.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: Beijing launches a sweeping policy package to rescue the property market, China extends income tax breaks for foreigners, AI specialist SenseTime is laying off more workers after another year of red ink, and Evergrande delays offshore debt restructuring votes at last minute. Plus, Zhang Yukun joins for a deep-dive into the woes of property giant Country Garden. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: The U.S. Senate targets American investments in China, China’s first U.S. IPO under new listing rules moves a step closer, Beijing plans to relax rules on foreign firms investing in bad-debt managers.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business brief: WeChat lets users link overseas cards for everyday payments in China, U.S. climate envoy John Kerry visits China Rio Tinto warns of slowing iron ore shipments as China recovery falters, and China vows to create a bigger, better, and stronger private sector. In addition, Kelly Wang gives the latest on China's efforts to lower drug prices and the impact it's having on big pharma.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: Tesla and Chinese rivals signal a truce in the EV price war, top property developers see June’s new sales take a dive, and China's commerce minister encourages investment by foreign drugmakersIn addition, Yukun Zhang discusses the reasons behind China's lackluster credit demand.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

On this week’s episode, Chinese entrepreneurs mobilize for an AI race with the U.S., food-delivery giant Meituan buys an AI startup for more than $200 million, and LVMH’s billionaire CEO kicks off his China tour to woo local consumers.In addition, Kelsey Cheng explains the restructuring of Alibaba.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week on the Caixin-Sinica Business Brief: VC giant Sequoia reorganizes and spins off its China unit under geopolitical concerns, China puts drafting a national AI law on its legislative agenda, and Chinese education companies race to develop ChatGPT-like products, In addition, we speak with Kelsey Cheng about Huawei's struggling automotive business.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.