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What's wrong with China's national champions?
News, Adam Minter, Published on 05/03/2019
» A year ago, Didi Chuxing Inc, China's largest ride-sharing company, looked like a quintessential "national champion". It had driven Uber Technologies Inc from the local market, attracted investment from Apple Inc and was contemplating a Hong Kong IPO worth as much as US$80 billion (2.5 trillion baht). State media coverage was fawning, government support was all but assured and the company's near-monopoly looked unassailable.
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India, China key to ending region's haze
News, Adam Minter, Published on 19/10/2015
» The thick haze that's blanketed much of Southeast Asia for the last month carries the ashy remains of Indonesian forests and peatlands -- burnt in many cases to clear land for producing palm oil, the world's most popular edible oil.
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