The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough? (Part 1)
New round of policy measures to support beleaguered developers is imminent, as Beijing seeks to check a protracted downturn, Caixin has learned
China’s Share Markets Back on the Fundraising Menu for Ailing Developers (Part 2)
Ban on equity fundraising to be lifted immediately, allowing property firms to sell domestic shares for debt repayments and acquisitions
China’s Housing Recovery Will Require Rebooting the Economy (Part 3)
The $2.5 trillion economic pillar threatens to shrink as much as 44%, forcing regulators and developers to adapt to a new normal
In Depth: Why China’s Index Fund Boom Has Been a Bust for Investors
The narrow focus of money managers and their pursuit of hot sectors have left many investors nursing losses
China’s Property Support Seen as Helping State-Owned, Quality Private Developers
The recent slate of measures will encourage the better firms to acquire and help complete unfinished projects, insiders say
Shenzhen Nucleus Gene Lab Found to Report False Covid Test Results
Lanzhou health authorities vow punishment for uploading negative results for patients who were positive as testing industry comes under scrutiny
In Depth: Cosco Alters Course in the Face of Shipping Headwinds
As the global shipping industry runs out of steam from the pandemic boom, the Chinese state-owned giant is pouring billions of dollars into a controversial shift in business strategy
China’s Manufacturing Activity Contracts Again, Caixin PMI Shows
November’s reading came in at 49.4 as Covid outbreaks and stringent measures to contain infections weighed on both supply and demand
Bosch Opens Shanghai R&D Center to Take On Chinese Heavyweights in Autonomous Driving
The German auto-parts giant’s new facility will develop an intelligent driving system that enables vehicles to achieve Level 3 autonomy, executive says
Former Chinese President Jiang Zemin Dies at 96
The elder statesman suffered multiple organ failure while battling leukemia, state media reported
Woman Hangs Herself in Makeshift Covid Quarantine Hospital
After testing positive amid current outbreak, migrant worker was separated from husband and sent to crowded facility in Guangzhou
Analysis: The Controversial Role of Residential Committees in China’s Covid Enforcement
While these grassroots organizations have played a central role in implementing disease control and prevention measures, including sealing off communities, they have no authority to do so, legal experts say
In Depth: Why Saltwater Is Getting Into Shanghai’s Drinking Supply
After months of drought and searing temperatures, the Yangtze River is not giving the coastal city enough freshwater as the sea rolls in and turns the local supply brackish
Analysis: Chinese Drugmakers Gear Up in Race for Covid Treatments
CPSC Pharmaceutical moves to test its own Covid pill while conducting trials of ingredients for a generic version of Pfizer’s Paxlovid
What Chinese Seniors Have to Say About Vaccination
In China, people over 60 make up the vast majority of Covid deaths, so why are they reluctant to get the shot? One scholar visited the city of Shijiazhuang to find out
Gallery: Two Cities Ease Lockdowns
China Bumps Up Support for Property Sector
Securities regulator lifts restrictions on share sales by developers, Covid caseload continues to surge, and Tesla recalls thousands of cars over software and seat belt issues
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