Baidu Sells $1 Billion of Bonds Amid Tech Crackdown | Bloomberg Videos (VE) | NewsBreak

Aug.18 -- Baidu Inc. sold $1 billion of bonds in a two-part sustainable deal, according to people familiar with the matter. This marks the first major global debt offering by a Chinese technology firm since Beijing escalated a crackdown on private enterprise. Stephen Engle reports on "Bloomberg Daybreak: Australia."