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Caixin Global
Caixin Global
National

Weekly Must-Read: Rethinking China’s Property Market Meltdown

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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 #

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

# Economy #

China Drafts List of Developers Eligible for Funding, Asks Banks to Boost Real Estate Lending

Chinese regulators tell lenders to meet minimum thresholds for real estate lending; banks pressed to lend to private developers along with state-owned firms; housing sales continue to slide

# Business #

European Firms Want Clarity on China’s Data Transfer Rules Seen as Raising Costs

More than 90% of 54 companies surveyed transfer data to overseas headquarters or regional offices, which can incur costly security assessments required by the country’s top cybersecurity watchdog

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.

# Finance #

China to Strengthen Oversight of Data Security at Accounting Firms

Draft rules stipulate auditors may have to go through additional cybersecurity reviews for work that involves national security

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

# Tech #

New Pilot Program Aims to Speed Up Commercialization of Self-Driving Tech in China

What the government calls ‘intelligent connected vehicles’ can operate in designated areas on a trial basis with a special road access permit

# China #

How a Joint Ticket by Taiwan’s Opposition Would Play Out in January’s Election

The Kuomintang and the Taiwan People’s Party will collaborate in the poll, threatening the incumbent ruling party’s eight-year grip on power

# World #

China-U.S. APEC Summit Signals ‘Rapprochement and Cooperation,’ Caixin Publisher Says

The meeting between President Xi Jinping and U.S. counterpart Joe Biden provided the ‘anchor’ for the world’s most important bilateral relationship, said Hu Shuli

# Opinion #

What’s Behind the IMF’s About-Face on China’s GDP Forecasts?

The fund also predicts that core inflation will rise to 2.1% by the end of next year, which would end an intense debate on whether the country is about to suffer a bout of deflation

Sino-American Cooperation: Driving Multilateralism with Bilateral Efforts

Maintaining the stability and efficiency of the global industrial chain and supply chain requires sincerity and determination

# Weekend Long Read #

Everything You Need to Know About ESG in China

This year’s environmental, social, and governance space has been characterized by a focus on the ‘dual carbon’ goals, an emphasis on disclosure and product growth, and the insurance industry going green

# Gallery #

Chinese Don Traditional Garb

# Podcast #

Capital Markets and Instruments of Transition Finance

Caixin Global invited Ms. WANG Zilin, ESG Research Analyst of E Fund Management, to share her insights on what international investors should know about the capital markets and instruments of transition finance in China.

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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