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# Macro #
Cover Story: China Joins Effort to Avert Sovereign Debt Crisis
Nation fills new role as top creditor to poor countries rattled by the worst debt crisis since the 1980s
Cover Story: China’s Consumers Are Flush With Cash, So Why Does the Recovery Have the Wobbles?
Risk averse consumers are shying away from borrowing and instead focusing on saving their cash and repaying debts, undermining the effectiveness of loose monetary policy
Five Things to Know About China’s Lackluster Credit Demand
Bank lending to private companies and individuals has been sluggish, denting policymakers’ hopes for a boost to the economic recovery
In Depth: Where Are Chinese Consumers Willing to Spend?
In a post-Covid economy, consumers are favoring experiences and services, leaving less discretionary income for buying things
# Industry #
In Depth: China Grapples With Hangover From Consumer Lending Boom
The banking regulator has expanded a pilot program for disposal of nonperforming personal loans, allowing hundreds of financial institutions to offload their bad debt
In Depth: As Chinese Developers Inch Toward Offshore Debt Deals, Long-Term Headwinds Persist
The housing market won’t return to its glory days and companies may not be able to raise enough money to pay back all their borrowings, analysts say
In Depth: How China Is Tightening Controls Over Cross-Border Data Transfers
Regulators are struggling to strike a balance between enhancing data security and promoting data-driven economic growth, expert says
In Depth: U.S. Tensions Could Sap Chinese EV-Battery Makers’ Global Ambitions
World leader CATL and its peers face policy headwinds in the West that could benefit South Korean, Japanese rivals
In Depth: Brand-Name Drugs Feel the Squeeze in China’s Generic-Heavy Market
Multinational pharmaceutical firms are changing strategies and selling business lines, as a government bulk-buying program favors cheaper, local products
Cover Story: China Changes Pricing Model for World’s Largest Power Grid
New electricity rates will treat all businesses as favorably as large industrial users
# Company #
In Depth: Alibaba Has Hurdles to Overcome Before Its Drastic Restructuring Pays Off
The tech giant’s split into six units is a chance for the group to unlock growth potential, but each business has outstanding issues, from slumping revenue to shrinking market share
In Depth: Smartphone-Maker Oppo’s Chipmaking Dreams Dashed by Slow Progress, Internal Conflicts
Subsidiary Zeku’s repeated delays in developing an app processor chip and poor inter-departmental collaboration were behind its abrupt closure in May, sources say
In Depth: Huawei’s Auto Ambitions Hobbled by Weak Sales, Unclear Strategy
The two main models of its intelligent driving systems are ‘mutually exclusive’ in nature, industry insider says