China Inc by BBW Bamboo Works

China has set up a $50 billion fund to support its microchip sector. Will the big bucks be enough to overcome U.S. sanctions? And a growing number of Chinese companies dump PwC as their auditor. Is the flight related to PwC's role as auditor for insolvent developer Evergrande? 

KFC and others are fined after some of their outlets refuse to take cash. Is cash becoming an endangered species in China? And a group led by former L.A. Dodgers owner Frank McCourt assembles a bid for TikTok's U.S. operations. Will TikTok change its mind and decide to sell?

The U.S. raises tariffs on Chinese EVs to 100% from 25%. Will China retaliate? And China announces plans to buy up homes to boost its sagging property market. But will local governments go along with the pricey plan?

The EU has launched a new probe after European firms complained of restricted access to China's huge medical equipment procurement market. Is the EU getting more aggressive on China's trade practices? And used car specialist Autostreets applies for a Hong Kong listing, touting a coming boom in Chinese used car sales. Why have Chinese traditionally preferred new cars, and what's changed now, if anything?

Much has been said about China's suffering property developers, but construction material makers are also in trouble. Will the government come to their rescue? And offshore China stocks enter bull territory with a 25% rally for the Hang Seng Index. What's driving this sudden surge, and will it last?

Ping An Trust has missed a $100 million payment on a wealth management product tied to Zhenro, a property developer. Does this show the woes afflicting China's trust industry are creeping up the food chain to top-tier names like Ping An? And leading automaker SAIC has sold 51% of its India venture to local partners for $624 million. Is this purely a commercial move, or is it also motivated by concerns about recent China-India tensions?