The Caixin-Sinica Business Brief, episode 23
This week, we look into the new China-backed plan to build a high-speed railroad between the Russian cities of Moscow and Kazan. We analyze why U.S. high-tech chipmaker Lattice Semiconductor decided to terminate its plan to be purchased by a China-backed buyer. We examine how conglomerate Citic Group and Beijing Capital Agribusiness Group struck a deal with British fowl specialist Cherry Valley Farms. We learn about the U.S. debut of Yang’s Braised Chicken Rice, a popular fast-food chain from China. We also dive into the newly released data of China’s investment, industrial output, and retail sales in August, which all suggest a downward momentum.
In addition, we talk to Caixin senior editor Doug Young about the new plan by China’s ecommerce company JD.com to roll out an office-based automated food service concept targeting white-collar workers, and the new government clampdown aiming at online chat groups. We also speak with Caixin reporter Liu Xiao about the latest news in the world of cryptocurrencies.
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