China Insider | Beijing Floods, US Tariffs, CEO Monk Arrested

In this week’s episode of China Insider, Miles Yu covers the latest reports from the ongoing mass flooding across parts of northern China and outside Beijing, and compares the local government response to the early warning system failures due to national level policies. Next, Miles unpacks the latest round of US tariffs, and the reasoning behind the variable tariff rate strategy as the current administration looks to address the foreign trade imbalance. Lastly, Miles comments on the ongoing investigation into embezzlements allegations against "CEO monk" and Shaolin Temple abbot Shi Yongxin.