This week on the Caixin-Sinica Business Brief: TikTok chief defends the app’s independence in U.S. Congressional hearing, Tron founder faces U.S. lawsuit for crypto misconduct, and China Huarong warns of $4 billion loss for 2022.
In addition, Kelsey Cheng joins to talk about the controversy surrounding the plan to relocate the enormous Zhongda textile market in Guangzhou.