China Business Insider - News From Caixin Global

Travel restrictions mean affluent families are looking for places closer to home, especially at mainland branches of British schools

The electric car sector is becoming increasingly crowded as more tech companies jump on the bandwagon, pushing a radical shake-up in the 138-year-old global auto industry.

Read the article by Liu Yukun, Zhang Erchi, He Shujing and Han Wei: https://www.caixinglobal.com/2021-04-12/cover-story-tech-giants-bet-on-the-smart-car-revolution-101688741.html

Narrated by Heather Mowbray.

The controversial businesses, which exist in a legal gray area, are popular among low-paid male factory workers left out of a hypercompetitive marriage market


Read the article by Matthew Walsh: https://www.caixinglobal.com/2021-04-10/police-crackdown-on-sex-doll-rental-firms-fires-debate-about-migrants-needs-101688563.html

Narrated by Matthew Walsh.

In today’s episode: Beijing official Wang Lin made less than half his expected income after 12 hours on the job, saying the experience left him feeling humiliated; financial regulators summon 13 tech companies as the country takes more steps to rein in the fast-growing fintech sector; and Morgan Stanley is poised take almost full control of its two Chinese mainland joint ventures.
 

In today’s episode: Hong Kong bourse's strong performance in first quarter was fueled by a surge in trading and public listings; a knife-wielding man attacked at least 16 children and two teachers at a kindergarten, local media reports; and ticket prices for flights from China to the U.S. skyrocketed as the American government eases travel restrictions on students from the Asian nation.

In today’s episode: although Washington has rolled back disease control measures for certain countries, obtaining a student visa amid ongoing embassy and consulate shutdowns remains tricky; China’s Mars rover could land on the red planet in less than a month; and regulators get tough on copyright infringements on short video platforms.
 

In today’s episode: market regulator launches investigation into food-delivery giant for suspected monopolistic actions; China could have the capacity to generate more electricity from non-fossil fuel sources than from burning coal by the end of this year; and the country takes steps to ramp up facial recognition security.

Plus, top health authority launches an investigation into medical malpractice after a whistleblower alleges widespread misconduct in the treatment of cancer patients; ByteDance says it has no plans to go public anytime soon; and China takes aim at the livestreaming industry

In today’s episode: after months of speculation, TikTok’s parent says it has no imminent plans to go public; China experiences a dramatic slump in couples tying the knot amid the pandemic; and Guangzhou boasts the world’s busiest airport.

Many workers who deliver food for Meituan and Ele.me still lack the same protections as employees in more formal lines of work

Read the article By Yuan Ruiyang, Guan Cong, Qian Tong, Qu Yunxu and Timmy Shen: https://www.caixinglobal.com/2021-03-10/in-depth-blood-and-sweat-doesnt-pay-off-for-chinas-army-of-delivery-workers-101673675.html

Narrated by Heather Mowbray.