The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Seven Things to Know About China’s Latest IPO System Overhaul
After testing the registration-based mechanism in China’s three smaller markets, regulators are now planning to roll it out to the two main boards
PayPal China Unit Gets Ready to Juice Up Its Business
The firm gets the nod from the PBOC to boost its registered capital to 4.52 billion yuan, which will be the largest capital base of any nonbank payment provider in the country
In Depth: What’s Worrying Regulators About China’s Mutual Fund Boom
While both fund managers and distributors make more money from the expansion, it’s the latter that are getting the bigger slice of the pie
China’s Economy Appears Headed for Uneven Rebound
Surge in spending around the Lunar New Year holiday is fueling optimism tempered by more sober outlooks for some sectors
China’s EV Market Downshifts on Scaled-Back Incentives
Retail sales of electric and hybrid vehicles over the first 27 days of January plunged 43% to 304,000, down 1% from a year earlier, industry data show
Mortgage Rate Cuts Spread to China’s Wealthier Regions
Several provincial capitals and other major Chinese cities have temporarily cut rates for first-time homebuyers as part of efforts to revive the slumping real estate market
Baidu Talks Up ERNIE as China’s Answer to ChatGPT
Shares in the search giant and AI developer surged in Hong Kong after the company announced the launch of its own chatbot next month
In Depth: Why Medical Students in China Are Faking Their Way to a Doctor’s License
As physicians-to-be struggle to find the hands-on experience required to take the licensing exam, they are turning to agencies that provide forged qualifications
Analysis: How China Can Avoid Long-Term Fallout From a Shrinking Population
The country will need to improve labor productivity and spur technological innovation to make better use of a shrinking workforce, demographers say
Related China’s Population Shrinks for the First Time in Six Decades
China Calls Balloon Incident a ‘Test’ for U.S. to Improve Relations
A foreign ministry spokeswoman said Washington’s response to an unmanned balloon that floated into U.S. airspace will reflect its ‘approach to crisis management’
How China’s Chip Industry Should Respond to the U.S.-Japan-Netherlands Alliance
A recently established partnership between the three countries threatens to cut China’s access to key chipmaking equipment, so Chinese firms must move quickly to secure international cooperation where it can be found
Is Someone Stealing Chinese New Year?
The shift to saying ‘Happy Lunar New Year’ is in no way a plot against Chinese culture, or an attempt to steal this festival, which cannot, after all, be stolen
Gallery: China Restarts Group Tours Abroad
Top securities regulator rolls out registration-based IPO system for Shenzhen and Shanghai main boards, IMF upgrades China’s GDP forecast, and trucking startup TuSimple denies report of potential U.S. spying probe
Related China Rolls Out Registration-Based IPO Rules Across Market
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