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Caixin Global
Caixin Global
National

Weekly Must-Read: China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough?

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

# Cover Series #

China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough? (Part 1)

New round of policy measures to support beleaguered developers is imminent, as Beijing seeks to check a protracted downturn, Caixin has learned

China’s Share Markets Back on the Fundraising Menu for Ailing Developers (Part 2)

Ban on equity fundraising to be lifted immediately, allowing property firms to sell domestic shares for debt repayments and acquisitions

China’s Housing Recovery Will Require Rebooting the Economy (Part 3)

The $2.5 trillion economic pillar threatens to shrink as much as 44%, forcing regulators and developers to adapt to a new normal

# Finance #

In Depth: Why China’s Index Fund Boom Has Been a Bust for Investors

The narrow focus of money managers and their pursuit of hot sectors have left many investors nursing losses

China’s Property Support Seen as Helping State-Owned, Quality Private Developers

The recent slate of measures will encourage the better firms to acquire and help complete unfinished projects, insiders say

# Business #

Shenzhen Nucleus Gene Lab Found to Report False Covid Test Results

Lanzhou health authorities vow punishment for uploading negative results for patients who were positive as testing industry comes under scrutiny

In Depth: Cosco Alters Course in the Face of Shipping Headwinds

As the global shipping industry runs out of steam from the pandemic boom, the Chinese state-owned giant is pouring billions of dollars into a controversial shift in business strategy

# Economy #

China’s Manufacturing Activity Contracts Again, Caixin PMI Shows

November’s reading came in at 49.4 as Covid outbreaks and stringent measures to contain infections weighed on both supply and demand

# Tech #

Bosch Opens Shanghai R&D Center to Take On Chinese Heavyweights in Autonomous Driving

The German auto-parts giant’s new facility will develop an intelligent driving system that enables vehicles to achieve Level 3 autonomy, executive says

# China #

Former Chinese President Jiang Zemin Dies at 96

The elder statesman suffered multiple organ failure while battling leukemia, state media reported

Woman Hangs Herself in Makeshift Covid Quarantine Hospital

After testing positive amid current outbreak, migrant worker was separated from husband and sent to crowded facility in Guangzhou

Analysis: The Controversial Role of Residential Committees in China’s Covid Enforcement

While these grassroots organizations have played a central role in implementing disease control and prevention measures, including sealing off communities, they have no authority to do so, legal experts say

In Depth: Why Saltwater Is Getting Into Shanghai’s Drinking Supply

After months of drought and searing temperatures, the Yangtze River is not giving the coastal city enough freshwater as the sea rolls in and turns the local supply brackish

# Opinion #

Analysis: Chinese Drugmakers Gear Up in Race for Covid Treatments

CPSC Pharmaceutical moves to test its own Covid pill while conducting trials of ingredients for a generic version of Pfizer’s Paxlovid

# Weekend Long Read #

What Chinese Seniors Have to Say About Vaccination

In China, people over 60 make up the vast majority of Covid deaths, so why are they reluctant to get the shot? One scholar visited the city of Shijiazhuang to find out

# Gallery #

Gallery: Two Cities Ease Lockdowns

# Podcast #

China Bumps Up Support for Property Sector

Securities regulator lifts restrictions on share sales by developers, Covid caseload continues to surge, and Tesla recalls thousands of cars over software and seat belt issues

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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