The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Property Crisis Pummels Chinese Developers’ Bottom Lines
The grim 2022 earnings figures shed light on the severe challenges firms face, compelling them to find new growth areas
China’s Passenger Car Sales Dip 13.4% as Price War Rages
Consumer hesitancy and end of government incentives last year result in first-quarter decline for the world’s largest auto market
Lithium Price Freefall Wipes Out Gains Since November 2021
Spot price of EV battery-grade lithium carbonate drops below 200,000 yuan a ton with further declines likely
In Depth: China’s EV Battery Boom Goes Bust
The rush to build up capacity as vehicle sales surged over the last few years has led to an overhang that resulted in production and job cuts, as well as falling prices
Chinese Internet Giants, AI Startups Rush to Jump on ChatGPT Bandwagon
Alibaba and Baidu join the AI fray, but U.S. export controls on crucial chips may slow Chinese progress
Five Things to Know About Early Mortgage Repayments in China
An estimated 4.7 trillion yuan worth of mortgages — 12% of the outstanding total — were paid off early last year, leaving regulators in a bind
China’s Newest Stock Exchange Fails to Recapture Early Momentum
Only a minority of the shares listed on the Beijing Stock Exchange saw an immediate benefit from the bourse’s recent rule changes meant to boost trading
Newly Leased Space in Beijing Prime Office Buildings Plunges 21%
Shaky post-pandemic economy has businesses reluctant to expand even with record-high vacancy and falling rents
China’s Economy May Struggle to Maintain Growth Momentum
Consumers haven’t delivered on the expected ‘revenge-spending’ splurge while private-sector investment is weak, analysts say
In Depth: How China’s Shrinking Population Is Driving Education Reform
The government wants to expand vocational education while curtailing the expansion of universities
China and France Deepen Trade, Political Ties as Macron Visits
President Xi Jinping and his French counterpart sign agreements in areas including agrifood, space, aviation and civil nuclear energy, and made a joint commitment to a political settlement to the Ukraine war
How to Reverse the Decline in Foreign Investment in China
Holding to the principles of reform could help break a deadlock in a landmark EU investment pact that is vital to reversing the recent decline in FDI
Gallery: Historic Shanghai Building Gets Facelift
The Panic, Worry and Despair Gripping Chinese Young Researchers
Millions of young academics typically reach a critical stage in their careers just as they arrive at a pivotal point in their personal lives, complicating their efforts to advance in a field characterized by fierce competition and immense anxiety
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