China Business Insider - News From Caixin Global

This year’s massive power crunch shows the challenge of balancing China’s need for electricity with fighting climate change by slashing coal burning


Read the article by Bai Yujie, Luo Guoping, Chen Xuewan and Han wei: https://www.caixinglobal.com/2021-10-15/in-depth-chinas-struggle-to-balance-green-goals-with-keeping-the-lights-on-101787170.html

Narrated by Heather Mowbray.

Aviation giant expects to resume deliveries to its biggest overseas market in the first quarter of next year; $90 million luxury Hong Kong villa linked to Evergrande chairman has been pledged for a loan; and Beijing urges the U.S. stop meddling in Taiwan affairs

TSMC says it won’t hand over confidential client information to the U.S.; why the co-founder of a venture capital firm says Squid Game mirrors our present society; and air pollution rises

Finance ministry reminds local governments to treat foreign businesses fairly; why injured flexible workers often lose in court; and the number of active private tutoring businesses nosedives

Capital toughens restrictions as new virus cases confirmed; major tutoring company denies its shifting into the clothing business; and Tesla establishes first overseas R&D base in Shanghai

Plus, Beijing denies it has tested a nuclear-capable hypersonic missile; China closes loophole allowing under-age users to circumvent gaming restrictions; and tech giants start dismantling their ‘walled gardens’

Top economic planner gets tough on coal producers profiteering; Harmony OS powers 150 million gadgets; and how parents could get punished if their children misbehave

The depiction of the philosopher compiling documents and recording laws is based on a misunderstanding, says legal professor Wang Chang

Read the article by Wang Chang: https://www.caixinglobal.com/2021-10-02/weekend-long-read-what-a-minnesota-mural-of-confucius-tells-us-about-misinterpretation-101777253.html

Narrated by Sylvia Franke

Wang Chang is an associate professor at the College of Comparative Law, China University of Political Science and Law; and an adjunct professor at the University of Minnesota in the U.S.

Beijing police reportedly detain musician Li Yundi on prostitution allegation; TikTok to testify at U.S. Senate hearing on underage users; and China’s central bank chief calls Evergrande risks controllable

Authorities on the look out for the fugitive; how the global supply chain crisis may not be resolved anytime soon; and another Chinese property developer goes into default