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Caixin Global
Caixin Global
National

Weekly Must-Read: China Dusts Off Proven Playbook After Evergrande Default Warning

The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.

# Finance #

Analysis: China Dusts Off Proven Playbook After Evergrande Default Warning

Hint of default after long-running debt struggle prompts provincial government to send in a working team and top regulators to pledge coordinated response

PBOC to Free Up $188 Billion for Lending to Businesses With New Reserve Requirement Cut

Central bank announces it will lower RRR by 50 basis points on Dec. 15, boosting support for the real economy as downturn looms

# Cover Story #

The Dangling Sword of Omicron

Even as the world still struggles to contain the delta variant of Covid-19, a dramatically mutated new version threatens to undermine vaccines and treatments

# Business #

Didi’s Delisting, Relisting Plan Faces Bumpy Ride, Experts Say

China’s new data security regulations will be a hurdle for a Hong Kong IPO

Fosun and BioNTech Are Developing Omicron-Specific Vaccine

Approval of shot targeting new Covid variant may take three to four months, but the public doesn’t ‘need to panic,’ Chinese drugmaker says

# Economy #

Roundup: Eagerly Watched Politburo Meeting Signals Focus on Stability

As expansion continues to moderate, China economy watchers weigh in on the significant December Politburo meeting

Property Sales in China Fall for Fifth Straight Month

Sales of the top 100 developers were down by 37.6% in November, report says

# Opinion #

Investors Paid the Price For Ignoring Didi’s Long-Running Compliance Issues

Company’s issues, including illegal taxi services, have long been well known, says tech investor Liao Ming

# China #

In Depth: China’s 10-Year Struggle for Ecological ‘Red Lines’

The controversy surrounding the alleged use of protected areas for a reservoir in Central China underscores the difficulties authorities face in balancing environmental protection with economic development

Rare Disease Patients Will Have to Wait for Affordable Drugs, Experts Say

Some medicines’ recent inclusion in the country’s medical insurance plan doesn’t mean more rare drugs will be available soon, as price talks can drag

# Weekend Long Read #

How China Can Reform Itself to Join High-Standard Trade Pacts

China should participate more actively and deeply in the ongoing restructuring of the global trading system, to pave the way for Chinese enterprises, former senior economic planning official says

# Books & Arts #

Exhibitions in December: Round Out 2021 With the Must-See Exhibitions in Beijing and Shanghai

Follow this guide to explore everything from ukiyo-e and illustration, to architecture and lyrics

# Gallery #

Chinese Athletes Shine at Big Air World Cup

# Podcast #

Didi’s Delisting Decision

Ride-hailing giant will depart the New York Stock Exchange; lifting the lid on omnicron; and ByteDance’s ambitions to get into the cloud business

Related

Cover Series: How Didi’s Rush to Raise Funds in U.S. Backfired

Opinion: The Who, What and Why of China’s Regulatory Campaign

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