This week on the Caixin-Sinica Business Brief: Food delivery giant Meituan has been fined over half a billion dollars by China’s antitrust regulator; Beijing dangles unprecedented access to its enormous domestic market if it’s allowed to join the CPTPP; concerns over contagion from the Evergrande crisis loom; box office rebounds dramatically over Golden Week with the release of a big-budget war epic; and China’s Vice Premier Liú Hè 刘鹤 meets virtually with U.S. Trade Representative Katherine Tai in what could signal a truce in the ongoing trade war.
In addition, we speak with Caixin Global financial news reporter Yukun Zhang about the causes of China’s current power shortages.
