China Business Uncovered Podcast #3: Inside the Fall of 'China's LVMH'

China Business Uncovered Podcast #3: Inside the Fall of 'China's LVMH'

Author: Caixin Global March 19, 2026 Duration: 27:18

Program description:

China Business Uncovered takes listeners inside China's business world through the eyes of reporters who investigate it firsthand.

Featuring open conversations with Caixin journalists, each episode breaks down the most complex developments inside Chinese companies. Tune in to understand how critical stories are covered, what's really happening beneath the surface, and why it matters for businesses and investors operating in and around China. 

Recorded in Mandarin and produced in English with the help of AI, China Business Uncovered brings Caixin's in-depth investigative reporting to a global audience.

Episode intro:

With humble beginnings as a textile factory in Shandong, Ruyi dreamed of becoming China's version of LVMH. In this episode of China Business Uncovered, host Kelsey Cheng speaks with reporter Yue Yue about how the company's debt-fueled shopping spree backfired.

Chapters:

(01:41) From textile mill to "China's LVMH"

(06:52) Ruyi's worldwide shopping spree

(09:21) Where did Ruyi's money come from

(13:15) The 1 euro transfer scandal

(18:22) Asset freezes and the larger lesson

This episode of China Business Uncovered was recorded in Mandarin and produced in English with the help of AI. Based on this story:

In Depth: How Ruyi's 'LVMH of China' Dream Unraveled

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Keeping a finger on the pulse of China's complex and fast-moving economy is a daily challenge. China Business Insider-News From Caixin Global cuts through the noise with concise, authoritative reporting you can digest on the go. Produced by the seasoned editors at Caixin Global, this podcast delivers essential intelligence directly from the ground, focusing on the pivotal shifts in finance, technology, and policy that define the business landscape. Each episode feels like a briefing from a well-informed colleague, unpacking the implications behind the headlines with clarity and context. You'll hear regular segments like the Caixin China Biz Roundup, which condenses the weekday's most critical developments into an efficient fifteen-minute listen, blending sharp analysis with a conversational tone. The feed also includes the deeper-dive Caixin-Sinica Business Brief and the narrative-driven China Stories, offering a multi-layered perspective. For professionals, investors, or anyone curious about the forces shaping global markets, this is an indispensable resource. It transforms distant news into understandable trends, making the intricate mechanics of China's economic engine accessible and relevant. Tune in for a direct line to the insights that matter, delivered with the credibility and depth Caixin is known for.
Author: Language: en-us Episodes: 100

China Business Insider -  News From Caixin Global
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