29 September 2021
Beijing allows two American siblings to leave China and come home after three years. Their father is one of China’s most-wanted corrupt officials. Beijing accuses him of committing major bank fraud. Power shortages cause issues across China, and American businesses are feeling the pain. Coal shortages may play a role, but some say the real cause is the Chinese Communist Party’s global ambition. A China affairs analyst breaks it down. America is spending big bucks to kick Huawei out of U.S. networks. One government agency is now lending a hand to rural telecom carriers. Heavy rains drench northern China. The continued downpours have already caused flooding and mudslides. China’s real estate industry seems to be booming, but many buildings are being ripped down.
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