The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors. Enjoy!
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# Cover Story #
China’s Power Market Reform Poised to Level Up as Renewables Plug In
While solar capacity has exploded, its contribution to the nation’s overall electricity generation has lagged badly, posing challenges for its inclusion in the nascent power trading market
# Finance #
Analysis: How to Keep Foreign Capital Flowing Into Chinese Stocks
Net overseas investment in the market via the Stock Connect reached $11.7 billion in the first five months of this year, nearly double last year’s total
In Depth: The Key Ingredients to Sustain Hong Kong’s Stock Rally
The surge in April and May has lost some momentum, leaving analysts debating whether the benchmark index will get a second wind
# Business #
In Depth: As China’s Exports Surge, Tariff Hikes Loom
Chinese exporters are speeding up shipments to get ahead of import tax hikes, which might lead to decline down the line, but other bright spots are emerging
EU Imposes Temporary Tariffs on Chinese EVs, Leaving Four Months for Talks to Resolve Issue
Provisional tariffs of up to 48% could become final by November if negotiations between China and the EU fail
# Tech #
Everyone Should Have a Say in Making the Rules for AI, Singapore AI Czar Says
Policymakers should listen to experts as well as ‘citizens, workers, writers, artists, youth and the disabled,’ city’s chief artificial intelligence officer tells forum
# News Graphics #
Four Things to Know About Tianqi Lithium’s Reversal of Fortunes
Plunging prices of the metal have turned two of the company’s aggressive overseas investments into major liabilities
We highly recommend WSJ’s coverage you should not miss this week:
Boeing Agrees to Plead Guilty in 737 MAX Criminal Case
Plane maker faces conviction and a $244 million fine for misleading air-safety regulators before two fatal crashes that killed 346 people
# China #
Tragedy Shines Light on Financial Strain of China’s Young High-Flyers
The rumored suicide of a young employee of a top-tier securities brokerage has netizens puzzling over how such a seemingly successful life could have become so terribly derailed
# World #
Deadly Philippines Kidnapping of Chinese Was ‘Meticulously Planned’
Friend describes how two medical executives were lured to Manilla, tortured and killed. Those responsible are still free
# Opinion #
What the U.S. Election Will Mean for China and the Economy
There are some stark differences between the proposed policies of the two major presidential candidates, with the most significant ones involving tariffs, tax cuts and monetary policy
# Weekend Long Read #
What to Do About the Influx of China’s Subsidized, Yet High Quality EVs
The country’s ability to produce competitive electric vehicles is due to both Beijing’s policy support and the country’s comparative advantages
# Gallery #
# Podcast #
Caixin Biz Roundup: Qatar Seeks Closer Economic Ties With China
Matrix Partners renames Chinese unit to stress its independence, Russia detour hinders revival of European carriers’ China flights