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Caixin Global
Caixin Global
National

Weekly Must-Read: China’s Plan to Overhaul Its $3.7 Trillion Mutual Fund Industry

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

# Finance #

China Boosts Support for Private Companies’ Bond Sales as Economy Falters

New credit protection tools, backed by 10 financial institutions, will allow investors to take out insurance against defaults

In Depth: China’s Plan to Overhaul Its $3.7 Trillion Mutual Fund Industry

Securities authority says the industry should become more diverse and focus on long-term returns

# Cover Story #

China’s Safety Problem With Illegal Buildings

Deadly April collapse of a ‘self-build’ in the Hunan capital Changsha following similar disasters sets off a nationwide hunt for perilous structures

# Business #

China Eases Covid-19 Test Rules for Air Travelers From More Countries

The requirements were updated to reflect the ‘current pandemic situation,’ the embassies say

# Economy #

China’s Scale and Opening-Up Will Lure More Investment, Experts Say

Financial leaders at Davos forum on China see increased resilience and ‘tremendous’ opportunity despite short-term volatility

Shanghai’s Economy Pounded in April by Covid Lockdowns

Industrial output plummets 61.6%; consumer goods sales plunge 48.3%; fixed-asset investment declines; and new lending shrinks

# Tech #

Mysterious Firm Seeks Controlling Stake in Arm China

A company called Lotcap Group says that it has signed a letter of intent to purchase 51% of the chip designer’s joint venture from Chinese shareholders

# Opinion #

To Stabilize Employment, Trust the Market

Reforms must be implemented to tackle the challenges ahead, and provide desirable jobs for the majority of the population

Related

China’s Record-Breaking Unemployment Rates Amid Covid Lockdowns

# China #

In Depth: How China Took Another Step Forward on Genetically Modified Farming

Driven by food security and demand concerns, China is plowing ahead with GM crops after years of holding back

‘I Must Leave Shanghai’ — Tales of Train Station Frustration

Hongqiao railway station is a key transport hub in Shanghai. With the city easing lockdowns, residents had flocked to the station to proceed with travel plans that were hijacked by Covid restrictions

# World #

Exclusive: Davos Photo Used by U.S. Congressman to Criticize China Didn’t Show Anyone Chinese

Figures accused of not standing up during an ovation for the Ukrainian president’s speech at the World Economic Forum were actually from the Vietnamese delegation

Exclusive: China’s Climate Envoy Meets With IEA Chief in Davos

Xie Zhenhua describes China’s renewable energy push in response to global climate change during session with Fatih Birol

# Weekend Long Read #

China Still Needs Supply-Side Structural Reform, but Needs to Get It Right

The old playbook of short-term demand-side stimulus is not the answer to fixing the country’s long-term economic problems

# Gallery #

Gallery: Caixin at Davos 2022

# Podcast #

Didi Shareholders Approve U.S. Delisting

Ride-hailing giant can now work with Chinese regulators on overhaul of data systems and possible Hong Kong relisting

Top Stories of the Month

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.

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