China-related SPAC projects express interest in raising funds in Singapore. A former banking regulator is accused of taking bribes. Two Canadian citizens are released on bail for medical reasons. Plus, what’s behind China’s regional power outages?

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China and the EU are expected to publish the first set of common classification standards for sustainable finance by the end of this year. Neuberger Berman gets the mutual fund license in the country. Local governments take control over Evergrande’s real estate project presale revenue. Plus, Chinese provinces impose power cuts and rationing on industrial users.

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Chinese land actions slump, a research report shows. China and the U.S. must respect each other’s interests to reduce tensions, Chinese envoy says. Local governments make great efforts to reduce energy consumption. Former chief of Moutai is sentenced to life in prison. HNA Group Chairman and its CEO are taken in by police.

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China drafts new rules for banks’ overseas yuan lending to boost global use of the currency. American companies in the country are more optimistic about the business outlook. Xiaomi bets bigger on smart vehicle manufacturing. Plus, Beijing firmly opposes Taiwan’ s application to join the CPTPP.

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China will not build new coal-fired power projects abroad, Xi Jinping says. Cross-border settlements in yuan surge to a record high. Plus, Luckin Coffee offers $187.5 million to settle all claims.