China Business Insider - News From Caixin Global

City is reporting thousands of new daily cases; China’s first U.S. IPO since the Didi regulatory storm; and Starbucks plans to hike its coffee prices.

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Behind the proposal to keep cubs born in America; Beijing punishes those flogging knockoffs of Olympic mascots; and Didi to shave off 20% of staff ahead of Hong Kong IPO.

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Plus, Beijing plans to announce sweeping standards on fintech and the digital yuan; Hong Kong steps up the fight against Covid; and Bing Dwen Dwen mania hits China amid frenzy to buy up Olympic mascot merchandise

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Shenzhen authorities weigh a single mother’s plea for maternity benefits; three people suspected of human trafficking and illegal detention after video of shackled woman goes viral; and China's most popular metaverse app is removed from Apple’s app store

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Regulator gives treatment greenlight for vulnerable patients; Chinese firms still keen to go public in the U.S.; and blogger in hot water over negative smartphone reviews

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After frostbite derailed the professional climber’s ambitions, Xia Boyu only grew more determined to scale the world’s highest mountain.

Read the article by Zhang Xiaopeng: https://www.caixinglobal.com/2022-01-01/weekend-long-read-how-a-chinese-double-amputee-finally-summitted-everest-101824681.html

Narrated by Nandini Venkata.

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While at a food street, an encounter with a foul-smelling luosifen stall gives Li Jingkui an opportunity to discuss economic theory with his family.

Read the article by Li Jingkui: https://www.caixinglobal.com/2021-11-29/a-chinese-economics-professor-explains-how-businesses-should-deal-with-a-stinky-neighbor-101811401.html

Narrated by Elyse Ribbons.

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Police identify Gao Shan’s body three weeks after his disappearance; things are not looking so sunny anymore for the solar industry; and China has plans to further tighten restrictions on education.

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Content warning: This episode mentions suicide.

If you are having thoughts of suicide, seek help from the following sources:

In China, the Beijing Suicide Research and Prevention Center’s toll-free numbers are 800-810-1117 and 010-82951332. In the U.S., call the National Suicide Prevention Lifeline at 1-800-273-8255 (TALK) or go to SpeakingOfSuicide.com/resources for a list of additional resources.

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Days after a clip of a chained up woman went viral, a similar case emerged in the same village; death of Bilibili employee fuels concerns on overtime work culture; and Hong Kong vegetable prices soar amid tighter Covid restrictions.

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Skier triggers both praise and scorn after her Olympic victory; Hong Kong could face a ‘tsunami’ of virus cases; and Papua New Guinea leader tests positive for Covid in Beijing.

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