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# Caixin Summit #
10 Key Takeaways From the Caixin Summit
The annual conference brought together business leaders, experts and scholars who offered key insights and various perspectives on pivotal China-related topics
Tensions With U.S. Loom Over Middle Eastern Investment to China, Executive Says
Investcorp co-CEO said there could be even more opportunities in tech and beyond once geopolitical roadblocks are removed
China Needs Expansionary Fiscal Policy to Drive Demand, Yu Yongding Says
There is ‘considerable’ macroeconomic policy space, given a relatively low government debt level, says the Chinese Academy of Social Sciences economist
# Macro #
Five Things to Know About China’s Unusual Sovereign Bond Issue
Proceeds from the 1 trillion yuan sale will be transferred to local authorities, although the central government will be responsible for the principal and interest payments, easing financial pressure on localities
In Depth: Chinese Consumers Deluged With Cheap Loans
Banks are undercutting each other amid the government’s calls to support consumption and economic growth
Cover Story: Thanksgiving Dinner Reveals Price of ‘Bidenomics’
Falling food costs remain high as Fed reins in inflation. While economic growth shines, recession risks, though diminished, still loom
# Industry #
In Depth: Big Tech Is Changing in China, and So Are Its Hiring Plans
Slower growth, corporate restructuring and changing needs force giants like Alibaba, JD.com and Meituan to dial back recruitment and raise the bar for new hires
Caixin Explains: China Concludes Sixth Top Financial Meeting to Tackle New Challenges
Under President Xi, financial work conference seeks more functional financial system to support economy; China sets action to strengthen regulation, optimize financial services, limit risks
In Depth: China’s Ambition to Build a Financial Powerhouse
Top-level conference puts Communist Party front and center as China takes on slowing growth, rising government debt and slumping property and stock markets
Cover Story: Rethinking China’s Property Market Meltdown
As top performers Gemdale and Vanke show signs of teetering, calls are growing for a fresh approach, with construction of public housing touted as a panacea
Cover Story: The Miracle and Mirage of Weight Loss Drugs
With more than half the adult population of China overweight or obese, the rush is on to secure prescriptions for drugs like semaglutide – better known as Ozempic
Caixin Explains: EU Probe Into Chinese EV-Makers’ Alleged State Support
European Commission is investigating whether China’s EV manufacturers are benefiting from subsidies such as tax reductions and cheap state financing, allowing them to undercut their EU rivals
In Depth: Why Foreign Degrees Have Lost Their Luster for Chinese Graduates
With a record 11.6 million new domestic college graduates, soaring youth unemployment, and companies scaling back hiring post-pandemic, the odds are stacked against overseas grads
# Company #
Exclusive: Zhongzhi Vice President Xie Among Those Probed Over Group’s Collapse
Beijing police are investigating Xie Zizheng and senior staff in four wealth management affiliates as a shortfall of up to 260 billion yuan was revealed, sources say
In Depth: Huawei’s EV Partnership Yields Unexpected Hit
The M7 SUV by Aito, the fruit of a JV with automaker Seres, received over 60,000 orders in its first month, a sign it may pose a threat to car manufacturers down the road
Cover Story: Charles Li’s Micro Connect Sells New Loan Model to China’s Small Businesses
Borrowers must pledge percentages of sales to repay debt
Exclusive: Chairman of China Cosco’s Leasing Unit Under Probe
Sources tell Caixin that Liu Chong detained by authorities; Liu likely linked to investigation of Shanghai businessman Mi Chunlei’s investment in China Shipping Haisheng Co. Ltd.
