The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
China’s Record-Breaking Unemployment Rates Amid Covid Lockdowns
Surveyed urban unemployment rate came in at 6.1% in April, while the figure for 16- to 24-year-olds hit the highest ever recorded
China’s Race to Provide for Its Aging Population
As government pension funds run dry and employer benefits fall short, policymakers put renewed emphasis on personal retirement funds
In Depth: PBOC Isn’t Done With Fintech as Ethics Governance Regulations Loom
New system, which was flagged in January, aims to ensure companies don’t abuse their technology advantages to get ahead
In Depth: Downfall of Everbright Securities’ Top Brass Reveals Legacy of Cronyism and Corruption
Six board members and high-level executives at the brokerage have been dressed down for misconduct under the leadership of recently resigned Chairman Yan Jun
Exclusive: China’s ‘Big Four’ Banks to Start Pilot Program for Retirement Savings Products
The state-run commercial banks will offer products in several regions, sources say
Chinese EV-Battery Makers Hammered by High Raw Material Prices
Dominant player CATL saw profit slide 24% in the first quarter, its first drop in two years
JP Morgan Upgrades Chinese Tech Outlook on Soothing Signals from Beijing
Upgrades from U.S. investment bank come as China seeks to reassure sector weary from months of regulatory chaos
China’s Tax Revenue Sinks Amid Rollout of New VAT Refund Policy
Fiscal income in many cities in eastern and southern provinces slumped in April, with Shenzhen reporting a drop of 44.2% in money flowing into its general public budget
New Drug Rules Loom Over Online Pharmacies
The rules could hit companies like JD.com., Alibaba and Ping An Healthcare & Technology, one industry insider said figure for 16- to 24-year-olds hit the highest ever recorded
China's Short-Term and Long-Term Worries About Foreign Trade
Stabilizing trading companies’ business operations, and building more secure industry and supply chains are issues of paramount importance
In Depth: Localities Push Ahead With Personal Bankruptcy Pilots as National Efforts Stall
China has yet to create a nationwide legal framework for helping individuals escape insolvency, but local governments are making headway on their own pilot initiatives, even as they face obstacles
Shanghai Speeds Up Customs Clearance of Covid
Vaccines and Materials China’s biomedical R&D center creates ‘green channel’ to accelerate work on advanced coronavirus treatments and inoculations
Related Why China’s Seniors Hesitate to Get Vaccinated
Global Climate Collaboration Needed More Than Ever, Davos Leader says
Gim Huay Neo, chief of World Economic Forum’s climate initiative, says pandemic and war underscore the need to work together
The Free Market Isn’t to Blame for Shanghai’s Lockdown Woes
The city’s Covid struggles reflect the indispensable role of market economy — rather than central planning — in safeguarding people’s livelihoods
Gallery: When China Began to Open Up
China Finance with A Cup of Tea Episode 6: China's Offshore Market
Caixin invited Christina Bao, co-head of Sales & Marketing at HKEX, and Kinger Lau, chief China equity strategist at Goldman Sachs, to share their insights on what global investors should know about and how to navigate China’s offshore market.
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