China Business Insider - News From Caixin Global

Plus, electric vehicle startup Xpeng gets in trouble for abusing facial recognition tech; the editor-in-chief of the Global Times steps down; and the U.S. slaps sanctions on a range of Chinese companies

How the EV battery giant has been protecting its dominant market position; Biden blacklists 34 Chinese entities for alleged dealings with Iran; and Hong Kong gives greenlight to SPAC listings from Jan. 1

Biden administration blacklists four pharmaceutical firms and one Chinese national; Xi Jinping calls for ‘more joint actions’ with Russia to ensure security; and Hu Xijin to step down as editor-in-chief of the Global Times

A pair of schools in Shenzhen will close in the wake of new rules; Xpeng fined for taking more than 430,000 photos of visitors to its Shanghai showrooms without consent; and pharma and tech stocks slide as fears of U.S. sanctions grow

Tianjin detects imported case of new Covid variant; SenseTime delays IPO after U.S. blacklisting; and local government sends working team to Evergrande 

Plus, is the car chip shortage coming to an end?; Beijing launches a new free online tutoring platform; and British businesses in China report difficulty in attracting and retaining foreign talent

What China’s biggest online travel platform makes of the hyped-up tech phenomenon; top coal producer fined for flouting safety regulations; and online stores of tax-evading influencers get shut down

The Chinese capital’s latest plans to meet demand for supplemental education for middle schoolers; several property developers stripped of their credit ratings; and Guangdong cities grapple with drought

The new top man at the world's most valuable liquor company means business.

Read the article by Shen Xinyue, Sun Yanran and Kelsey Cheng: https://www.caixinglobal.com/2021-10-19/in-depth-the-volatile-cocktail-stirring-up-chinas-baijiu-market-101788732.html

Narrated by Sylvia Franke.

How can China and the international community work together to deal with the impact of aging populations? Tune into the panel discussion with Charles Goodhart, emeritus professor of banking and finance at LSE, and Peng Wensheng, chief economist & head of the research department at CICC, and executive dean of CGI. Moderated by Wang Liwei, senior writer, Caixin Media