China's new energy vehicle sales plunged 24% in the first quarter. Is this the start of a new trend of sales contraction? And online matchmaker Milian has filed for a Hong Kong IPO. What's the story behind its unusual approach that uses real-life facilitators to act as go-betweens for online daters?

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China Inc. by Bamboo Works discusses the latest business and financial news from China and what it all means. This episode is hosted by Doug Young, Bamboo Works editor in chief, and he's joined by Rene Vanguestaine, one of Bamboo Works' founding partners who is also a longtime China watcher and former investment banker.

China caps private lender interest rates at 24%. What's behind this latest regulatory crackdown? And an up-and-coming toothpaste maker has filed for a Hong Kong IPO. What's behind the rapid rise of its Canban brand, and what does this say about Chinese consumer brands in general?

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China Inc. by Bamboo Works discusses the latest business and financial news from China and what it all means. This episode is hosted by Doug Young, Bamboo Works editor in chief, and he's joined by Rene Vanguestaine, one of Bamboo Works' founding partners who is also a longtime China watcher and former investment banker.

"This seems like involution taken to a new level, as it's one of the first cases we've seen of a company taking a major step that's almost certain to undermine itself." – Doug Young

Toymaker Bloks is racing to the bottom of the Chinese toy barrel with its blind box Transformer toys costing just 10 yuan each. Can it make a profit on such low-priced toys?

And KFC has rolled out a new line of pizzas in China also priced quite low, as little as 23 yuan. Does it risk cannibalizing business from sister brand Pizza Hut?