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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ounded in Beijing in 2011 and listed in Hong Kong in 2018, Tongdao Liepin provides a wide range of free and paid talent-matching services to individuals and enterprises through its website, its mobile app and WeChat platform.

FAST NEWS: Tongdao Liepin’s revenue dips on lower hiring

The Latest: Online recruitment platform Tongdao Liepin Group (6100.HK) on Friday announced its revenue decreased 6.4% year-on-year to 471 million yuan ($66 million) in this year’s first quarter, while its net loss narrowed 72.7% to…