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Energy Insider: Shandong Faces Summer Electricity Shortfall; Titan Wind Energy Projects Profit Surge - Dongfang Electric Heating wins $17.6 million supply bid; Chalco issues $62.7 million of carbon neutrality bonds; Yangtze Power invests in Shanghai Electric Power
Energy Insider: China Tightens Environmental Scrutiny of Polluting Projects; World’s Second-Largest Hydropower Station Closer to Completion
Energy Insider: China Starts Tracking Carbon Emissions in Real Time; Inner Mongolia Shutters 35 Crypto Miners
Cover Story: How a Perfect Storm Created a Global Chip Shortage Globally, automakers cut production by nearly 1 million vehicles during the first quarter for lack of chips A chip shortage that has squeezed global automakers since late last year offered a snapshot of how the Covid-19 pandemic and geopolitical uncertainties have distorted supply chains in the highly globalized semiconductor industry. The question is: Will it lead to a reshaping of the industry’s global landscape? It’s a multibillion-dollar question involving massive investment flows and potentially sweeping economic and ge...
China’s Banking Regulator Adds Limits on Wealth Management Marketing What’s new: China’s banking regulator issued final rules Thursday governing sales of wealth management products (WMPs), expanding them to cover commercial banks and foreign-owned companies and adding restrictions on marketing of the investments. Otherwise the China Banking and Insurance Regulatory Commission’s final regulations differ little from the draft released five months ago that blocked WMP sales on internet platforms. The rules take effect June 27. Changes to the final rules include a prohibition on using or ...