{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"China Business Uncovered Podcast #3: Inside the Fall of \u2018China\u2019s LVMH\u2019","description":" Program description:  China Business Uncovered takes listeners inside China\u2019s 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\u2019s really happening beneath the surface, and why it matters for businesses and investors operating in and around China.&amp;nbsp;  Recorded in Mandarin and produced in English with the help of AI, China Business Uncovered brings Caixin\u2019s in-depth investigative reporting to a global audience.   Episode intro: With humble beginnings as a textile factory in Shandong, Ruyi dreamed of becoming China\u2019s version of LVMH. In this episode of China Business Uncovered, host Kelsey Cheng speaks with reporter Yue Yue about how the company\u2019s debt-fueled shopping spree backfired.  Chapters: (01:41) From textile mill to \u201cChina\u2019s LVMH\u201d (06:52) Ruyi\u2019s worldwide shopping spree (09:21) Where did Ruyi\u2019s 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\u2019s \u2018LVMH of China\u2019 Dream Unraveled  Subscribe now to unlock full access to Caixin Global and The Wall Street Journal for&amp;nbsp;$200 a year. Group discounts are available \u2014 contact us for a customized plan. &amp;nbsp; &amp;nbsp;  &amp;nbsp; ","author_name":"China Business Insider -  News From Caixin Global","author_url":"https:\/\/www.caixinglobal.com\/audio\/","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/40540480\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/content\/199858135"}