By Doug Young & Rene Vanguestaine

A two-year-old corruption clampdown in China’s sprawling tobacco monopoly and regulator has netted nearly 20 senior officials and executives.

Why doesn’t any other company or sector contribute revenue as abundantly and consistently to central government coffers as China Tobacco? Will China ever get serious about stamping out smoking more aggressively?

And real time engagement tech maker Agora announces plans to split in two, one half for its China business and the other for the rest of the world. Is this the wave of the future for China tech?

About China Inc

China Inc by Bamboo Works discusses the latest developments on Chinese companies listed in Hong Kong and the United States to drive informed decision-making for investors and others interested in this dynamic group of companies.

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Recent Articles

INDUSTRY BRIEF: Changan-Dongfeng merger crashes

A long-rumored merger between Changan Automobile and Dongfeng Motor has officially collapsed after nearly four months of speculation. Changan Automobile Co. Ltd. (000625.SZ) announced on Thursday that its parent, China…
Qudian abandons last mile delivery

Qudian: A slow-motion privatization?

The company said it is contemplating winding down its last-mile delivery service after stiff competition caused its revenue to plunge in the first quarter Key Takeaways: Qudian’s revenue fell by…

BRIEF: Greentown sales rise in May

Property developer Greentown China Holdings Ltd. (3900.HK) on Thursday reported its sales totaled 18.6 billion yuan ($2.59 billion) in May, up 14% year-over-year and up by an even stronger 60%…
Yeahka secures bridgehead in U.S. payments market

Yeahka secures bridgehead in U.S. payments market

The Chinese fintech has cleared one of many regulatory hurdles to enter the U.S. digital payments business after gaining a state-level operating license Key Takeaways: After getting U.S. federal clearance,…