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Caixin Global
Caixin Global
National

Weekly Must-Read: Covid Chaos at China’s Hospitals as Stringent Control Policy Eases

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

# Cover Story #

Covid Chaos at China’s Hospitals as Stringent Control Policy Eases

Health care centers from Guangzhou to Shijiazhuang and Beijing are slammed amid surging infections and severe shortages of medical workers

# Finance #

China to Roll Over $108 Billion of Special Sovereign Bonds

Sale of three-year notes will pay off a tranche of notes issued in 2007 to fund the China Investment Corp. sovereign wealth fund

Chinese Property Tycoon Arrested in London for Suspected Graft

Co-founder of Guangzhou R&F Properties Zhang Li is wanted in the U.S. on charges of providing kickbacks to officials in San Francisco

# Business #

Delayed Guangzhou Auto Show to Go On, Despite Exhibitor Pullouts

The car industry, seen as a pillar of the city’s economy, has been counting on the rescheduled event to stoke consumer confidence and help revive vehicle production as Covid spreads nationwide

British Businesses Prepare for Rising Covid Infections as China Scales Back Controls

An annual survey by the British Chamber of Commerce in China shows a pessimistic outlook, with Chair Julian MacCormac saying it’s too early to predict the impact of ‘zero-Covid’ relaxation efforts

# Tech #

India’s Market Allure Comes With Host of Challenges for Foxconn, Analysts Say

Apple’s main iPhone assembler has to deal with thinner supply chains and a lack of qualified workers in the South Asian country

# China #

Xi Seeks Yuan Settlement of China Energy Trades With Gulf States

The president said the move could be made in three-to-five years as he signaled increased oil and LNG purchases

Chinese Mainlanders Rush to Macao for mRNA Vaccinations

Lifting of Covid pandemic controls and a surge of infections spur demand for advanced vaccine technology that still isn’t approved for the mainland

Related

China Allows Online Sales of Pfizer Covid Pill Paxlovid

# World #

China and Saudi Arabia Agree on $50 Billion of Deals

Saudi investment minister puts a value on a raft of accords signed last week during President Xi Jinping’s state visit, Bloomberg reports

# Opinion #

Zhang Wenhong: How China Can Weather Spiking Covid

The surge of infections as pandemic controls lift will soon subside if we take precautions and protect our families — especially the elderly and vulnerable

Is the World on the Brink of an Entirely New Era?

If we are in the early throes of a seismic shift, leaders must prepare to operate in a new world where their old assumptions no longer hold

# Weekend Long Read #

Meet the Entrepreneurs Aiming to Fix Society’s Problems

The winners of the CSEIF’s For Good Awards, co-sponsored by Caixin, include business leaders providing affordable housing for low-income workers, health insurance to the underinsured and small business support for budding retailers in rural China

# Gallery #

Gallery: ‘Zero-Covid’ Easing Strains Beijing’s Medical System

# Podcast #

The World’s Largest EV-Battery Maker Juices Up Global Expansion

CATL is setting up factories around the world as competition grows at home, but it faces formidable, more experienced rivals

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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