The Caixin-Sinica Business Brief, episode 17
This week, we learn about how China’s new regulations on overseas investment by state-owned enterprises serve as part of the government’s ongoing fight against capital outflows and financial risks. We examine the news of Beijing’s resolve to build a world-class microchip sector with a $100 billion spending spree on new production facilities. We study China’s cooling real estate market and property developer Sunac’s plans to roll over some of its existing debt by issuing $1 billion in new bonds. We discuss how Chinese brands such as Huawei and Oppo consolidated their status as the world’s fastest-rising forces in the global smartphone market. We talk to Caixin senior editor Doug Young on Huawei and rumors of eavesdropping software, and we chat with Caixin reporter Fran Wang about China’s manufacturing data and broader economy. In addition, we bring you five complete stories:
- Will China’s huge internet stocks continue to grow — or are they ready to blow?
- Which payment technology will win the market? Scan-to-pay or touch-and-go?
- What did the ex-head of the Hong Kong Monetary Authority say about the city’s economy?
- How has internet giant Tencent extended its gaming drive to the U.K.?
- Why are rural grandmothers suffering from quiet depression in fast-evolving China?
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