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The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
China Joins Effort to Avert Sovereign Debt Crisis
Nation fills new role as top creditor to poor countries rattled by the worst debt crisis since the 1980s
Ex-PBOC Governor Rebuts Criticism of Belt and Road Financing as ‘Debt-Trap’
Accusations stem from ‘political tendency to smear China,’ Zhou said
Local Chinese Governments Add Billions to Multitrillion-Dollar Hidden-Debt Problem
National Audit Office review of 2022 financials finds inflated revenue, illegal collections, new hidden debts and use of borrowings for prohibited projects
Five Things to Know About China’s Lackluster Credit Demand
Bank lending to private companies and individuals has been sluggish, denting policymakers’ hopes for a boost to the economic recovery
In Depth: As Chinese Developers Inch Toward Offshore Debt Deals, Long-Term Headwinds Persist
The housing market won’t return to its glory days and companies may not be able to raise enough money to pay back all their borrowings, analysts say
Alibaba Boss Daniel Zhang to Step Down With Co-Founders to Take the Reins
Joseph Tsai will succeed Zhang as chairman in September, and Eddie Wu will take over as CEO
In Depth: Alibaba Has Hurdles to Overcome Before Its Drastic Restructuring Pays Off
The tech giant’s split into six units is a chance for the group to unlock growth potential, but each business has outstanding issues, from slumping revenue to shrinking market share
Micron to Expand China Factory Despite Chip Ban
American memory chipmaker plans additional $602 million investment in Xi’an operation, expanding China workforce to 4,500
Most Victims of Underage Sexual Assault in China Are Young Children, Report Shows
The data, published by Chinese charity Girls Protection, show more than half of the cases in 2020 involved victims under 12
China Premier Calls for Strong Cooperation on Tech Innovation With France
Li Qiang says there is great potential for Sino-French cooperation in high-end manufacturing, modern services, green transformation and the digital economy
Heading Toward the CPTPP: A Round of Self-Initiated Opening-Up
The government has evaluated over 2,300 clauses of the agreement, delineating the necessary reform measures and legal adjustments required for membership
China’s Persistent Low Inflation Could Profoundly Impact Economic Policymaking
If the economy fails to generate strong new demand, the country may find itself teetering on the edge of deflation and suffering high unemployment
What’s Left in China’s Economic Policy Tool Kit?
Policymakers have six major tools at their disposal to help shore up faltering growth, but only some are likely to be used
Gallery: Global Leaders Gather at Summer Davos
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