The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
State Insurance Boss’s Capital Games in Hong Kong
How the former chief of Taiping Insurance wove a web of shady deals and came under investigation by graft busters
In Depth: How a State Insurance Boss Got a Cache of Gold Bars
Former Taiping chief Wang Bin, now under investigation, knit a network of shady Hong Kong business partners including a convicted gangster
In Depth: Why China’s Once Red-Hot Solar Sector Is Cooling
The industry has outrun supply of its chief raw material, and rising prices of downstream components are leaving profitability of new projects at risk
Property Giant Vanke Prepares for ‘Life or Death’ Battle Amid Flagging Market
China’s second-largest developer plans to shrink balance sheet, cut costs to cope with sluggish demand
Local trading platforms have emerged as a new risk to financial stability, with many degenerating into illegal financing channels for real estate companies and LGFVs
Private Equity Giant Hillhouse Gobbles Up Shares in NEV-Makers, Ditches Alibaba, Bilibili
Firm’s holdings in Li Auto and Xpeng surged in fourth quarter, fund management arm’s latest U.S. filing shows
In Depth: Provincial Plans Hint at Where China’s Economy Is Going in 2022
Local growth targets and policy priorities may shed light on national plans to be announced in March
China Approves Pfizer’s Covid-19 Treatment for Vulnerable Patients
Paxlovid becomes nation’s first oral antivrial therapy cleared for emergency use, with those most at risk of serious illness such as people with co-morbidities set to receive the medicine
Ling Huawei: What’s Behind State Firms’ Reckless Capital Games in Hong Kong
Lai Xiaomin and Wang Bin scandals show how unsophisticated managers become willing accomplices of capital predators
In Depth: Will Subsidized Housing Stabilize the Real Estate Industry?
Though authorities are making it a priority for the 14th Five-Year Plan, property market experts project a muted effect
Xi Orders Hong Kong to Make Containing Covid Top Priority
City’s daily caseload hits 4,200 and heads toward a ‘tsunami-like’ 10,000 as people elude controls and spread omicron to mainland cities
China Adds to Its Olympic Big Air Medal Haul
How Mouth-Watering Foreign Delicacies Pepper China’s Classic Novels
The introduction of new ingredients throughout the dynasties is illustrated on the page
An Unmarried Mother’s Fight for Maternity Benefits
Shenzhen authorities weigh a single mother’s plea for maternity benefits; three people suspected of human trafficking and illegal detention after video of shackled woman goes viral; and China's most popular metaverse app is removed from Apple’s app store
Related：
Shenzhen Weighs Unmarried Mother’s Plea for Maternity Benefits
China’s Property Market Off to Bleak Start in 2022
China’s real estate market continued its downward spiral in the first month of 2022, as total sales of China’s top 100 property developers fell 39.6% year-on-year by value. Read more >>
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