The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Exclusive: Billionaire Founder of China Renaissance Goes Missing
China Renaissance reports being unable to make contact with its billionaire founder and chairman months after authorities took President Cong Lin into custody
In Depth: Hiring of ICBC Veteran Looms Over Disappearance of China Renaissance Founder
Bao Fan’s disappearance is likely linked to that of former company executive Cong Lin in September, whom the investment bank poached from the state-owned lender in 2020, sources say
One Year Into Russia-Ukraine War and Still No End in Sight
The war has sparked an energy crisis in Europe, driven up global inflation and triggered a world-wide grain shortage
In Depth: Japanese, German Carmakers Lose Ground in China After Falling Behind on EVs
The likes of Nissan and VW have lost market share as Chinese competitors capitalized on their early jump into the segment
China Doesn’t Have an EV Production Glut, Ex-Minister Says
Miao Wei, former industry minister, says there’s plenty of demand to meet a potential overhang
CATL Offering Steep Discounts to Automakers in Quid Pro Quo Deal, Source Says
The world’s largest electric-vehicle battery producer is said to be asking its customers to buy 80% of their batteries from it alone
Chinese Provinces Plan to Ask Developers Not to Sell Homes Until They Are Built
Pilot programs to kick off in Henan, Shandong, Anhui and Sichuan amid industrywide liquidity crunch
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BYD’s New Budget Model Flies Out the Door as Sales Close In on Tesla
The Shenzhen-based electric automaker sold more of the Qin Plus DM-i Champion Edition in the first five days after launch than Tesla’s entire vehicle line in China in January
Private Sector’s Shrinking Share of China’s Top Stocks
Privately owned firms’ contribution to the total market cap declined during the government crackdown on new economy sectors, falling from a 55.4% peak in mid-2021 to 42.8% at the end of December
Xi Says China Must Boost Consumer Spending, Foreign Investment This Year
The president stresses the importance of consumption in bolstering the economy at a key annual meeting to set the economic policy agenda for 2023
Q&A: Malaysia’s New Trade Minister Explains Why China Matters to Southeast Asia
In an exclusive interview, Tengku Zafrul Aziz shares his thoughts on the importance of globalization and why emerging markets’ voices ought to be heard
Chinese Households’ Financial Dilemma Is a Problem for the Economy
A surge in savings and a race to reduce liabilities have thrown the post-Covid recovery into further disarray
The Safest and Most Endangered Jobs in a ChatGPT World
AI will replace simple, repetitive jobs, but those involving complexity, creativity and interpersonal skills will continue to thrive and remain the domain of humans
Gallery: Aftershocks Rock Turkey
Hong Kong Plans to Let Retail Investors Trade Crypto
Prominent investment banker Bao Fan’s disappearance spooks China’s corporate scene, Hong Kong debuts $102 million digital green bond, and CATL offers automakers steep discounts in quid pro quo deal
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