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# Macro #
In Depth: Local Governments Struggle to Tackle Mountain of Hidden Debt
Progress has been slow as many authorities experience difficulties in refinancing the borrowings of their financing vehicles and banks worry about potential bad debts
In Depth: Why China’s Efforts to Resolve Hidden Government Debt Could Fall Short
At worst, measures could further inflame the problem, promoting more off-the-books borrowing and increasing risks to economic and financial stability in the world’s second-largest economy
Exclusive: China Expands Support to Resolve Off-the-Books Liabilities For Local Governments
Multiple sources tell Caixin the government is expanding measures aimed at curbing risks in local governments’ hidden debts to cover all provincial-level regions on the mainland
In Depth: How Much Can Policy Lending Help Bolster China’s Economy?
The irregularly used program raised eyebrows after issuing a net 350 billion yuan in loans in December, the most since November 2022
Editorial: To Fix Overcapacity, Let the Market Do Its Work
Upholding the market’s decisive role in resource allocation and enhancing government effectiveness hold promise for resolving the issue
In Depth: Hong Kong Embarks on Economic Makeover
City scraps property market restrictions as it seeks to move away from real estate to develop more sustainable and high-value sectors
# Industry #
Cover Story: China’s Challenge to Fill the Multibillion-Dollar Insurance Blackhole
The insurance industry is sliding deeper into trouble, with slow sales, weak investment returns and low interest rates weighing on profits, fueling concerns that some may not be able to pay out maturing policies
In Depth: China Targets Payments Problem to Win Over Foreigners
Beijing has also added over a dozen more countries to its visa-free list recently, as it tries to clear the hurdles preventing a revival of inbound tourism
In Depth: China’s Property Slump Defies Playbook of the Past
In past downturns, loosened monetary policy and credit support could kick-start a recovery in months, but this one has dragged on for more than two years with no end in sight
# Company #
Cover Story: The Countdown Begins: TikTok Navigates Uncertain Future Amid U.S. Ban Bill
ByteDance maintains it won’t be pressured to sell platform used by 170 million Americans
Exclusive: ByteDance Revives Gaming Ambitions Amid Fears of U.S. TikTok Ban
Personnel shake up at Nuverse as ByteDance decides to re-enter video gaming business
Analysis: Mounting Competition in China Comes at a Bad Time for Tesla
EV-maker’s sales growth is set to slow as it finds itself in a lull between product launches just as its Chinese rivals are gaining ground
In Depth: Chinese Property Giant Vanke Seeks More Time to Repay Debts as Market Slump Lingers
State-backed developer is trying to renegotiate maturities on debts to insurance sector companies so it can repay billions of yuan of publicly traded bonds this year
