Holiday In-Depth Reads — A Turbulent World
The year 2020 has been full of turbulence as the Covid-19 pandemic brought unprecedented disruption to social and economic activities across the globe. Unfortunately, the bitterness caused by the pandemic grew even stronger as mistrust rather than cooperation grew among countries. Damage from the pandemic and growing hostility between the world’s two largest economies are posing great uncertainties for the world and affecting people broadly. Below are five Caixin in-depth reports focusing on different groups’ struggles during the pandemic and how businesses and countries are intertwined in a turbulent world.
— Han Wei, North America Editor
Cover Story: The Challenge of Uncorking the China–U.S. Travel Bottleneck (first published June 15, 2020)
Chinese student Zhang Jie’s 5-day, 4-country journey home takes months to organize after pandemic slashes flights from 300 to a handful each week. (Read the full story)
In Depth: Chinese Students at U.S. Colleges Face Uncertain Future (first published July 24, 2020)
Students are left with few appealing choices — unsatisfying and inconvenient online classes or a domestic system held in lower esteem. (Read the full story)
In Depth: Luckin Scandal Highlights Shortcomings in Cross-Border Regulation (first published April 24, 2020)
U.S.-listed Chinese companies benefit from inability of American regulators to supervise their auditors and insufficient cross-border cooperation. (Read the full story)
In Depth: How Chinese Developers Became Entangled in LA Bribery Case (first published Aug. 23, 2020)
Billionaire Huang Wei’s Shenzhen New World Group and Yuan Fuer’s Shenzhen Hazens allegedly paid millions of dollars to indicted LA Councilman Jose Huizar. (Read the full story)
Cover Story: Stalled Guinea Project Highlights China’s Struggle to Reforge Iron Ore Supply Chain (first published Aug. 25, 2020)
Chinese investors led by Baowu hope to save billions of dollars by reviving long-dormant Simandou project but face billions in infrastructure costs and high risk of plunging prices. (Read the full story)
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