PODCAST: Corruption crackdown hits China’s big tobacco, and a tech company splits in two
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?
CHINA BULLETIN: China Awash in White Collar Workers, But Low on Laborers
In this week’s issue mixed manufacturing signals, snuffing out tobacco corruption and Elon Musk gets the red-carpet treatment. On a scale of 1 to 100, we give the week a 45 for offshore-listed China stocks.
RLX gets smoked in fourth quarter, but sees clearer air ahead
The leading Chinese vaping company’s revenue plunged 82% in the last year’s final quarter, as it took a double blow from new regulations and widespread Covid disruptions Key Takeaways: RLX’s…
CHINA BULLETIN: Trade? What Trade?
In this week’s issue idle shipping containers spotlight weakening global trade, tobacco falls under the corruption microscope, and China’s new love affair with chatbots. On a scale of 1 to 10, we give the week a 4 for offshore-listed China stocks.
RELATED ARTICLES
-
Up in smoke? Not exactly for Huabao, crown jewel of China’s ‘vaping queen’
0336.HK 300741.SHE - CHINA BULLETIN: China Awash in White Collar Workers, But Low on Laborers
- CHINA BULLETIN: Beijing Gets Serious on Economic Stimulus
-
Ispire finds success straddling U.S.-China divide. But are its cannabis dreams just hot air?
ISPR.US
- CHINA BULLETIN: China-U.S. Rapprochement Continues with Xi-Biden Call, Yellen Visit
- PODCAST: Corruption at a major policy bank, and AbbVie sues an upstart drug maker
