China Business Insider - News From Caixin Global

In this week’s episode: Beijing and the Biden administration finish their first face-to-face meetings in Anchorage; Pinduoduo chairman Colin Huang steps down; and the latest on Vanguard, one of the world’s largest asset managers, and its joint venture with fintech giant Ant Group.

In today’s episode: despite the Covid-19 pandemic and geopolitical tensions, the majority of foreign students at American schools were Chinese in 2020; central bank governor warns that climate change poses new challenges to financial stability; and the banking regulator’s latest crackdown on microfinance firms.

In today’s episode: Beijing and Washington clash on Hong Kong and Xinjiang, but find some common ground on climate change; new study finds that seven out of every 100 Wuhan residents developed antibodies against the coronavirus during last year’s Covid-19 outbreak; and authorities shut down the country’s first sex doll ‘brothel’

World’s largest greenhouse gas emitter sets out to build the world’s biggest carbon market in fight against climate change

Read the article by Wang Liwei and Peng Qinqin: https://www.caixinglobal.com/2021-03-05/in-depth-how-china-plans-to-harness-market-forces-for-carbon-neutrality-101670771.html

Narrated by Alex Urist.

As management pursues growth at all cost, its ‘militarized’ management seems to be driving workers to their deaths

Read the article by Yuan Ruiyang, Guan Cong, Qian Tong, and Tang Ziyi: https://www.caixinglobal.com/2021-02-24/in-depth-the-brutal-human-cost-of-pinduoduos-breakneck-expansion-101666785.html

Narrated by Heather Mowbray.

In today’s episode:  Anchorage hosts the first face-to-face official dialogue between Beijing and the Biden administration; U.S. telecoms regulator says its has begun a process that could strip China Unicom of its local business licenses; and Japanese carmakers are catching up with their German in rivals in the world’s biggest automobile market.

In today’s episode: although the Covid-19 pandemic has not dampened the expansion of such elite schools, land prices are teaching them a tough lesson; Shanghai and Beijing trial new currency conversion policy; and understanding the country’s carbon neutral ambitions 

In today’s episode: the Chinese telecoms equipment giant is about to start demanding 5G royalties from Apple and Samsung; which businesses have been named and shamed in China’s annual consumer rights show, and the market regulator’s latest attempts to reign in the country’s booming online trading platforms

Plus, visa restrictions are eased for foreign nationals inoculated with a Chinese-developed Covid shot; Huawei and Hikvision are added to a new U.S. blacklist; and a massive dust storm blankets huge swathes of northern China, causing business slowdowns and traffic jams.
 

In today’s episode: foreign ministry declines to say whether China plans to evacuate its nationals living in the Southeast Asian nation, northern China hit by one the most severe sandstorms in years; and visa restrictions to be eased for foreigners who get a Chinese Covid vaccine.