Welcome to the third weekly 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 includes a business news roundup, conversations with Caixin reporters and editors, and a selection of complete stories from the week’s news.
On this week’s Caixin-Sinica Business Brief, Chinese ride-hailing champ Didi Chuxing raises a huge round, insurer Anbang bleeds cash, another financial watchdog falls to the anti-corruption campaign, and Netflix finally enters China. Plus, Coco Feng comments on drone woes for airport operators and Doug Young discusses a big merger in the co-working space sector. There are also full stories on the runaway billionaire Guo Wengui 郭文贵 getting sued by a hedge fund, a trade case brought by a bankrupt American solar panel maker that may raise tariffs on Chinese solar panels, and worries over post-earthquake construction in Yunnan Province.
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