The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors. Enjoy!
Group access and applicable discounts are available. Contact us for a customized plan.
China’s 2023 GDP Growth Recovers to 5.2%, Beating Target
Although the economy rebounded last year, statistics chief warns of headwinds in 2024
Feed Giant New Hope Navigates Downside of Boom-Bust Cycle
China’s No. 3 Hog Breeder is hurting as prices drop after boosting capacity
Troubled Investment Giant Zhongzhi Files for Bankruptcy Liquidation
China’s largest wealth manager admits, as liquidity has dried up, its assets are insufficient to cover all liabilities and it lacks the ability to repay debts
Exclusive: Guotai Junan Securities to Promote New President
Li Junjie, a vice president at the state-owned brokerage, is set to replace Wang Song, who is retiring after more than eight years in the position
Analysis: China’s Revised 2022 GDP Puts Spotlight on Finance and Manufacturing
A breakdown by industries shows notable decreases in contributions from the two sectors
Qinghai Has an Ocean of Solar Power, but Nowhere to Store It
The far western Chinese province has seen a rush on investment in the green energy source, but a lack of money spent on storage facilities means it has too much power at some times, too little at others
In Depth: How XPeng Got Back Into Gear After Stalling in 2022
Chinese EV startup kicked off a restructuring that ultimately improved the efficiency of its sales network, streamlined supply chain management and concentrated control with the CEO
In Depth: China’s Cash-Strapped Local Governments Struggle to Revive Land Sales
Many cities have recently scrapped price ceilings on residential land sold at auction to try and boost revenue, but analysts are skeptical the move will have much impact
UBS Economist Expects Less Property Drag on China’s Economy in 2024
Wang Tao expects the Chinese economy will have a growth rate of 4.5% in 2024 with fiscal support limiting the impact of the property slump
In-Depth: Huawei Aims to Pull Ahead of Tesla in Autonomous Driving Race
Capturing the self-driving car market will require deep pockets and an immense pool of talent, with the competition likely to come down to two corporate giants
Xi Calls for Stronger Crackdown on Corruption in Finance, Pharmaceuticals
In an address to the Communist Party’s top graft watchdog, the president proposes tougher punishments for individuals that offer bribes
In Depth: China’s Ambitious Clean Energy Development Raises Questions on Efficiency
New power plants should be built nearer to where the electricity is most needed and the market should determine its price, say experts
China’s Population Shrinks for Second Year With Record Low Birthrate
The new data reflect the array of demographic challenges the country faces, including a rapidly aging society, a shrinking labor force and falling marriage and fertility rates
China Willing to Import More ‘Marketable’ EU Products, Premier Says
The gesture is part of an effort to establish a more balanced trade relationship with the bloc, Li Qiang says
Stimulating Market Dynamics Through the Rule of Law
The revised Company Law will help unleash the vitality and innovative potential of the economy, and will further the country’s adherence to the rule of law
Why China’s Last Dynasty Failed in Its Efforts to Modernize
The Qing rulers of the late 19th century understood that their country had fallen behind the West, but their reforms failed because they couldn’t let go of their ancient political system
Embattled Financial Giant Zhongzhi Files for Bankruptcy Liquidation
Tesla recalls almost all cars sold in China to fix Autopilot bug that increases crash risk, China tightens scrutiny of LGFVs’ dollar bonds and mounting debt
Caixin Global’s Top Stories of the Month newsletter brings you the most popular news coverage over the past month. You may opt in now and get handpicked news coverage delivered to your inbox each month for free.
