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# Macro #
Cover Story: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy
Property slump is undermining borrowers’ ability to repay
In Depth: Yi Gang’s Legacy After Five Years Running China’s Central Bank
The former PBOC governor, who stepped down last month, spearheaded interest rate reform, helped reduce risks in the financial system, and supported the green and digital transformation of the financial sector
# Industry #
In Depth: Chinese Banks Balk at Regulatory Support for Rate Cuts to Existing Mortgages
The PBOC’s encouragement has been met with foot-dragging from lenders concerned about profitability
Cover Story: Anti-Corruption Storm Sweeps China’s Health-Care Industry
Bribery and kickbacks thrive in a setting where doctors are underpaid, hospital finances are under pressure and suppliers spend vast amounts to compete for sales, experts say
In Depth: China’s Offshore Wind Sector Gears Up for Life After Subsidies
Even as individual firms prepare to scrap for local government contracts, analysts say the sector will continue to ride the updraft
In Depth: China’s Auto Exports Belie Roadblocks to Conquering Europe, U.S.
Chinese firms are buying foreign brands or investing in overseas assembly as a workaround to protectionism and growing competition
In Depth: China Pushes Electric Future for Inland Shipping
Provinces straddling the country’s major rivers and others along the coast are offering cash incentives and subsidies to build battery-powered vessels in an effort to reduce emissions from domestic water transport
Analysis: China’s Updated Green Power Market Guidelines Set to Drive Interprovincial Trading
The rules clarify the trading process and propose a method to spur participation by companies with more modest electricity needs
Four Things to Know About Biden’s New China Investment Limits
Administration targets U.S. investments in China that would help develop advanced semiconductors, quantum computing and AI
# Company #
In Depth: TikTok’s Foray Into Southeast Asian E-Commerce Is No Slam Dunk
Rapidly growing market holds great potential, but the ByteDance unit faces competition from homegrown rivals backed by Tencent and Alibaba
Cover Story: Clock Ticking on Country Garden’s Debt Bomb
Formerly China’s top developer in terms of sales for six consecutive years, the behemoth is now teetering on the brink of its first ever bond default
Caixin Explains: The Financial Woes Behind Country Garden’s Missed Bond Payments
The developer says it expects a net loss as high as $7.6 billion in the first half of this year, raising further concerns among investors about its liquidity
Caixin Explains: The Roots of Country Garden’s Debt Woes
The private property developer’s creditors are knocking just as its sales have plunged and lenders are nowhere to be found
In Depth: Race Is on to Become China’s SpaceX
Chinese startup LandSpace Technology became the world’s first private company to launch a methane-liquid oxygen carrier rocket, leaping ahead of local rivals including GalaxySpace, Chang Guang Satellite and i-Space
Analysis: What Has China’s State Iron Ore Giant Achieved in Its Inaugural Year?
China Mineral Resources Group, established in July 2022, secured benefits in pricing, delivery and product types for Chinese steelmakers, but its power to bring down the cost of the commodity remains limited, sources say
