The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
The Disrupted Lifelines of the Shanghai Outbreak
How the city’s Covid flare-up is throwing a wrench into the gears of China’s business engine as 25 million residents struggle to meet basic needs
In Depth: China’s Planned Revamp of Trust Bailout Fund Draws Questions
Industry insiders wonder which companies will benefit from the proposal to split the fund in two, as well as whether the new funding system is equitable
In Depth: China Flags Expansion of Red-Hot REITs to Boost Infrastructure Investment
Regulators will broaden a pilot program started in 2021 to let trusts raise more money for infrastructure projects and affordable rental housing
Private Equity Funds Slow Pace Amid Rising Uncertainties
Fundraising in foreign currencies falls 62.6% to $4.9 billion in first quarter as number of institutions active in generating money falls 57.4%
Five Things to Know About China’s Mega East-West Data Center Plan
The immense project, which the central government sees as critical infrastructure for the future, aims to draw energy-rich western provinces into the digital fold
CATL Sell-Off Wipes Out Billions of Dollars of Market Value
Skyrocketing material costs shake investor confidence as rumor circulates of sharp drop in first-quarter earnings
China’s Auto Industry May Grind to a Halt Amid Shanghai Lockdown
Business executives issue dire warnings as stringent Covid-control policies drag on and threaten production of cars, semiconductors and other goods
Chinese Banks Expand Mortgage Rate Cuts to Bolster Housing Market
Lenders in more than 100 cities slashed borrowing costs since March, PBOC says, as authorities move to shore up key economic sector
Related
China’s Home Sales Plunge 47% Despite Government Support
Foreign Investment Into China Grew 25.6% in First Quarter
Chinese mainland attracts 380 billion yuan, which commerce ministry says is a ‘stable beginning’ for the year
China Bans Online Platforms From Livestreaming Unapproved Games
Tightened rules are aimed at curbing addiction to video games among nation’s teenagers
TSMC Reports Healthy Profit Growth Driven by Demand for High-End Computer Chips
CEO predicts high-performance computing will be the chipmaker's strongest sales driver this year
In Depth: Suppliers and Buyers Suffer as Covid Curbs Stop Truckers in Their Tracks
As Covid restrictions stymie wholesale transportation, many drivers are running out of money and food, as they’re forced to wait out the latest wave on the highway
Analysis: Singapore’s Lawrence Wong Is a Tested Technocrat Tossed Into Turbulent Times
The shoo-in to be the city-state’s next prime minister will face a steep learning curve in a world beset by challenges. There will be little room for mistakes
China’s 5.5% GDP Target Is Achievable, but It Won’t Be Easy
The key lies in persisting in reform and opening-up, constantly getting feedback on policies, optimizing and adjusting those measures in a timely manner
China Is Still Investible, but Skills Needed to Succeed Have Changed
Investing in the country requires paying close attention to policymakers’ long-term vision, so deciphering their signals is now crucial
Stranded Whale Rescued in East China
Caixin China Biz Roundup: A Warning on NFTs
State-backed finance industry associations condemn speculation on tokens
Related
Four Things to Know About China’s Warning on NFT Financial Risks
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