The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
In Depth: China’s Banks Look to Bolster Bottom Line After Lending Binge
Many lenders are bracing for profitability to weaken further this year after net interest margins were squeezed
Top Chinese Digital Banks Report More Bad Loans but Higher Earnings
Ant-backed MYbank and Tencent-backed WeBank disclose higher nonperforming loan ratios amid the pandemic yet liquidity metrics remain healthy
China’s Economic Revival Threatens Clean Air Gains
Notorious smog returns to Chinese cities as industries recover from Covid-19 shutdowns
Special Report: China’s AI Charge
Big changes are on the horizon for Chinese companies in the country’s rush to develop its AI industry and keep pace with global peers
China’s AI Charge Part 1: The Battle Begins to Build a ChatGPT Challenger
More than a dozen Chinese tech companies have announced plans to further develop large language models in the latest domestic AI race
In Depth: Chinese Smart-Car Makers Get Into Tesla’s Lane
After pouring resources into costly, time-consuming lidar-and-mapping systems, vehicle manufacturers come around to the American firm’s simpler vision-only approach
Tesla Opens Some of Its China Charging Stations to Competing EV Models
The change comes as the U.S. automaker’s rivals gear up to expand their own charging networks
In Depth: Why Time Banks Haven’t Caught On in China
Programs that allow people to accumulate credits for helping out seniors now that can be spent for volunteer assistance later face a host of obstacles
China Politburo Says Economy ‘Off to a Good Start’ as It Targets Boosting Demand
Better-than-expected Q1 growth shows economy is rebounding, although it is ‘mainly restorative,’ according to party leadership
Argentina Ditches Dollar to Pay Yuan for China Imports
South American nation will pay for $1 billion of imports this month using yuan as worst drought in a century drives down the peso and saps foreign currency reserves
How to Minimize the Damage When Foreign Firms Leave China
Policymakers must proactively engage with foreign companies, understand their needs, and investigate all possible avenues to retain their business and regain their trust
How China Saved the Crested Ibis From Near Extinction
The global population of the bird surged from seven in 1981 to over 9,000 as of December 2022, marking a successful revival through habitat protection, captive breeding and community engagement
Gallery: Holiday Travel Roars Back
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