Welcome to the 33rd 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 analyze how Twitter is flitting around the edges of the world’s largest internet market, although it’s blocked in China. We explore why Ford and Alibaba initiated a major strategic collaboration in online car-related services. We examine Alipay’s latest move to sign an agreement with Shanghai Shentong Metro Group. We look at the news that China may have to raise personal income taxes and finally introduce a real estate levy to create room for a reduction in its corporate tax as it seeks to stay attractive to investors. We discuss a state-owned bus company that has run four buses with self-driving capabilities through a 4,000-foot predetermined route in downtown Shenzhen. We delve into a report by the International Monetary Fund (IMF), which warned China about financial risks.
In addition, we talk with Caixin senior editor Doug Young about some corporate news regarding Weibo, and a Africa and China story about China’s changing relationship with the continent.
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