Money

Weekly Must-Read: Will Europe Pour More Money Into China?


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

# Cover Story #

Will Europe Pour More Money Into China?

As dramatic geopolitical changes alter the calculus, foreign investment from Europe more than doubles this year after three years of decline

# Finance #

In Depth: The Secrets Behind a Chinese Banking Superstar’s Fall

The unmaking of former China Merchants Bank chief Tian Huiyu may be rooted in his equity investments in electric-vehicle battery giant CATL

Exclusive: Agricultural Bank of China to Name Fu Wanjun as President

The 54-year-old will replace Zhang Qingsong, who was appointed a central bank deputy governor in September

# Economy #

Caixin Explains: Why Is China’s Youth Unemployment So High?

Regulatory crackdowns have hit the private companies that are usually hungry for young employees, while other businesses are vanishing due to Covid controls and a slowing economy

China’s Efforts to Prop Up Property Market Fall Short

Combined sales of the country’s 100 largest developers in October fall 28.4% year-on-year to $77 billion





 

# Business #

Exclusive: Upstart SPS Shipyard Lands $580 Million Order for 14 Ships

Founder Luan Xiaoming plans to revive shipyard abandoned by bankrupt Rongsheng Heavy Industries, where he was a top executive

Germany Blocks Chinese Acquisition of Auto Chip Fab

A subsidiary of China-based semiconductor manufacturer Sai Microelectronics was set to buy the production line for $85 million

# Tech #

In Depth: Rival Ride-Hailing Apps Challenge Didi in World’s Biggest Market

Upstarts have eaten away at the struggling company’s dominant position in China, but like the market leader, not one has turned a profit

Analysis: Will Nvidia’s Custom-Made New Chip for China Work?

American graphics processing device maker seeks to dodge U.S. export controls by offering a slower version of its advanced A100 chip

# China #

In Depth: The Roots of China’s Trouble Protecting Plant Variety Rights

Difficulties with tracing infringement and assessing damages, along with a widespread lack of awareness, have plagued breeders of popular types of produce

China Loosens ‘Zero-Covid’ Controls on Quarantine, Inbound Flights

Health authorities cut down the amount of time overseas travelers have to spend in isolation and ended the country’s ‘circuit breaker’ mechanism for inbound flights

# World #

Xi Calls for China-U.S. Relations to Return to ‘Right Course’

China’s leader calls for a new path forward in the first meeting between the two leaders since Biden took office in 2021

# Opinion #

Take a Gradual Path to Resuming Face-to-Face Cross-Border Activities

The resumption of normal cross-border activities does not mean that China is letting go of its anti-pandemic controls overnight. Rather, it signals more balanced coordination between pandemic prevention and economic growth

# Weekend Long Read #

In China, Millions of Women Never Learned to Read. Can TikTok Help?

Decades of inequality have left millions of women illiterate. Now, many of them are turning to social media to get the education they had been denied

# Gallery #

Gallery: Covid Drives iPhone Factory Exodus





 

# Podcast #

Does China Really Need That Much More Coal-Fired Electricity?

Following two summers of power shortages, authorities make an about-face on coal generation, but critics argue what the country really needs is an electricity market overhaul

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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