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Caixin Global
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Weekly Must-Read: Why China’s Efforts to Resolve Hidden Government Debt Could Fall Short

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

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# Cover Story #

Survival of the Fittest — China’s Captive-Bred Pandas Get New Life in the Wild

Since 2003, 10 of the 12 captive-bred pandas released in Sichuan after ‘wild training’ have survived in their natural habitat, indicative of both the successes achieved and challenges facing efforts to repopulate the environment with China’s national treasure

# Finance #

In Depth: Chinese Property Giant Vanke Seeks More Time to Repay Debts as Market Slump Lingers

State-backed developer is trying to renegotiate maturities on debts to insurance sector companies so it can repay billions of yuan of publicly traded bonds this year

Exclusive: China Probes Another Central Bank Official Linked to Fallen Businessman

Zhou Pengbo, a director at the PBOC’s Payment and Settlement Department, has been detained by graft busters, sources say

# Business #

U.S. House Passes Bill That Would Ban TikTok If Not Sold

Bill, which wants TikTok’s links to ByteDance severed, now goes to the Senate before it can be signed into law

Chinese Bottled Water Giant Nongfu Spring Falters Under Boycott

Founder Zhong Shanshan drew the ire of the internet after attending the memorial service of a rival beverage billionaire

Analysis: Mounting Competition in China Comes at a Bad Time for Tesla

EV-maker’s sales growth is set to slow as it finds itself in a lull between product launches just as its Chinese rivals are gaining ground

# News Graphics #

In Depth: China’s Property Slump Defies Playbook of the Past

In past downturns, loosened monetary policy and credit support could kick-start a recovery in months, but this one has dragged on for more than two years with no end in sight

# Opinion #

Bolstering and Enhancing the Upward Trend in China’s Economic Recovery

This year’s Government Work Report details the challenges facing decision-makers, showing their clear understanding of both the domestic and international situations

# Economy #

In Depth: Why China’s Efforts to Resolve Hidden Government Debt Could Fall Short

At worst, measures could further inflame the problem, promoting more off-the-books borrowing and increasing risks to economic and financial stability in the world’s second-largest economy

Exclusive: China Expands Support to Resolve Off-the-Books Liabilities For Local Governments

Multiple sources tell Caixin the government is expanding measures aimed at curbing risks in local governments’ hidden debts to cover all provincial-level regions on the mainland

# China #

China’s Air Pollution Rose Last Year Amid Post-Pandemic Economic Recovery

The average concentration of hazardous PM 2.5 particles was 30 micrograms per cubic meter in 2023, up 3.4% year-on-year, research group China Clean Air Policy Partnership says

One in Five of China’s Electric Car Owners Wouldn’t Buy Another Due to Charging Problems, McKinsey Report Reveals

Lack of charging points is highlighted as the biggest problem by NEV owners, although carmakers are making strides to improve this

# World #

Five Unions Ask U.S. Trade Representative to Probe Chinese Shipbuilding Sector

Unions fear dependence on China as cost of U.S. shipbuilding is four times higher than East Asian yards, experts say

# The Wall Street Journal #

A Mistake in a Tesla and a Panicked Final Call - The Death of Angela Chao

What happened on a remote Texas ranch in a billionaire shipping scion’s final hours

# Weekend Long Read #

No One Can Stop China’s Growth Recovery — Except China

Beijing has the means at its disposal to keep the economy growing by 5%-6% for years to come, as long as it acts fast and implements the right policies, the FT’s Martin Wolf says

# Gallery #

Waiting to Work

# Podcast #

Caixin Biz Roundup: China Slashes Payment Barriers for Foreign Visitors

XPeng and Volkswagen plan to launch two midsize EVs in China in 2026, JD.com joins cloud computing price war after Alibaba rolls out steep discounts

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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