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Caixin Global
Caixin Global
National

Weekly Must-Read: China’s Tightening Rules Put Foreign High-Frequency Futures Traders in Limbo

The Caixin Must-Read newsletter brings you the best of our coverage from the past week. If you find it valuable, please share it and invite others to subscribe.

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# Cover Story #

Chinese Brokerages’ Dual Roles in Bond Market Sparks Concern for Conflicts of Interest That Raises Systemic Risk

Firms’ dependence on underwriting and trading debt securities surges amid regulatory gaps

# Finance #

In Depth: China’s Tightening Rules Put Foreign High-Frequency Futures Traders in Limbo

Some firms that have operated for years in a gray area are now struggling to find a compliant way to continue running their businesses in China

# Business #

In Depth: Pressure Builds on Trailblazing Chinese Bubble Tea Brand Mixue

Mixue has mounted an aggressive global expansion only to find local rivals nipping at its heels as markets have grown saturated and its IPO plans have faltered

In Depth: China’s Used-Car Dealers Face a Bumpy Ride as Price Wars Intensify

Automakers and dealers must play a central role in creating a roadmap for a more stable future for the fledgling sector, industry players say

# News Graphics #

China Vows to Defend EV-Makers as EU Confirms Additional Import Duties

Although European Commission revises down the rate on the new tariffs, they will still be as much as 36.3% and will stay in force for five years

# Economy #

China’s Duty-Free Haven Hands Out $3.4 Million Vouchers to Spur Spending

Hainan’s spending voucher spree is designed to encourage tourists to splash out and boost retail sales

# Tech #

China Humanoid Robot Industry On Track for Consolidation, Investor Says

Developers are struggling largely because there are no unified technical and design standards in the industry to work with, Cao Wei, partner at Lanchi Ventures, says

# China #

Career Rehabilitation of Punished Chinese Officials Raises Eyebrows

Appointment of official sanctioned and demoted for pandemic-related misconduct to senior role in provincial capital sparks discussion online following a number of similar cases involving disgraced officials

# World #

China Extradites ‘Godfather’ of Asian Pyramid Schemes From Thailand

Zhang Yufa, a Malaysian national of Chinese descent, was escorted by public security officers in the first such transfer since a bilateral extradition treaty came into effect in 1999

# Opinion #

IBM’s Sudden China Layoffs Tarnish Reputation of ‘Foreign Company Culture’

The haste and lack of preparation by the U.S. giant has left many employees feeling disrespected and shocked

# Weekend Long Read #

As China Exhausts Low-Cost Advantage, Urgent Shift to Innovation Needed

A pivot is necessary as exports and inward foreign direct investment face headwinds, and an aging population presents a significant challenge

# Gallery #

Inspiration Behind Black Myth: Wukong

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