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# Macro #
In Depth: Local Governments Ditch Financing Vehicles to Offload Hidden Debt
Southwestern metropolis Chongqing is one of the latest to explore decoupling, hoping the move will lower its debt-to-GDP ratio and open new channels for both LGFVs and the local government to raise more money
Analysis: Property Crisis Pushes Major Cities to Make It Easier to Get Local Residency
Widening access to government services like medicine and education will also boost transition to consumption-oriented growth, experts say
In Depth: China’s Pension Finance Push Falls on Deaf Ears
Despite the government’s efforts, savers aren’t pouring money into personal retirement accounts and banks have been reluctant to expand lending for elderly care
# Market #
New State Council guidelines on capital markets call for higher listing standards and better oversight of IPO sponsors
In Depth: How Hong Kong Could Help Craft Mainland Policies for Digital Assets
Chinese financial institutions are taking advantage of the city’s digital strategy to test blockchain-based financial products that could shape Beijing’s own policies on virtual assets, industry experts say
# Industry #
Making LLMs free for all to use can spur innovation and create opportunities, but might also make it difficult for their developers to turn a profit
Caixin Explains: How the EU’s New Tariff Hikes Will Affect China-Made EVs
The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4
Western Tariffs Won’t Dim Outlook for Chinese Automakers’ Global Expansion, Economist Says
Automakers will be selling about 20 million cars overseas around 2035, expert at institution linked to state planner says
In Depth: Chinese Lithium Giant’s Chile Headache Telling of Growing Global Resource Protectionism
Chile's new deal with local miner SQM will give it greater control over the country’s largest reserve of the key EV battery material, but will likely dilute shareholder Tianqi Lithium's future profits
In Depth: Logistics Is Getting Pricy in China, but Reform Will Be a Long Haul
Overreliance on trucking combined with a hard-to-reform railway system have left policymakers little room to maneuver
# Company #
Restructuring plan will make Baihang more similar to its thriving rival Pudao, sources say
Exclusive: Manulife’s China Mutual Fund Firm to Name New President
Kevin Ding, China managing director of Canadian financial conglomerate’s global asset management arm, is a possible candidate, sources say
Shanghai-based Unisoc is close to securing more than $552 million in new funds, sources tell Caixin, despite an arduous fundraising journey
# Podcast #
Indonesia signs major deals with Chinese automakers; Malaysia and Thailand announce intention to join BRICS
How EU Tariff Hikes Will Affect China-Made EVs
CATL in hot water over grueling work schedule, Tesla gets license to test full self-driving in Shanghai
Qatar to Invest in Chinese Asset Manager
CATL refutes forced labor allegations, Australia orders Chinese investors to sell stakes in rare earths miner
EU’s proposed carbon footprint methodology has Chinese EV-battery makers on edge, Tianqi considers action to protect its stake in Chilean lithium mining firm
