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Caixin Global
Caixin Global
National

Weekly Must-Read: Alibaba Splits Into Six Business Units in Biggest Overhaul

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

# Business #

Alibaba Splits Into Six Business Units in Biggest Overhaul

The $220 billion e-commerce colossus will become a holding company and grant management and financing independence to the new enterprises

Jack Ma Makes Rare Appearance on Chinese Mainland

Alibaba co-founder resurfaces at a school in Hangzhou as Beijing wraps up a two-year clampdown on the country’s tech sector

Exclusive: Rival Bid Shapes Up for Steel Asset Being Sold by Debt-Strapped Fosun

A unit of financial conglomerate Citic is fast-tracking a potential bid to buy 60% of Nanjing Nangang Iron & Steel, sources tell Caixin

In Depth: China’s Patchy Property Revival

China’s financial authorities are hailing a rise in home sales and bottoming out of prices, but the positive data is focused in first and mid-tier cities. It’s likely too early to call a rebound, analysts say

# Cover Story #

Chinese Auto Makers Rev Up Price War in Race for Market Dominance

Elon Musk’s Tesla kicked off the intense competition, with BYD, XPeng and Nio joining the fray in a bruising contest that could reshape China’s auto market

# Finance #

Exclusive: Former Exim Bank Executive Pleads Guilty to Taking Bribes

Li Li, known as the ‘godmother’ of China’s shipping industry, was charged with accepting $14.5 million in bribes, sources tell Caixin

Syngenta IPO Back on Hold Over Concerns About Its $9.4 Billion Target, Sources Say

Shanghai bourse calls off this week’s scheduled hearing a day in advance likely over concerns about the size of the ChemChina offering, Caixin learned

# Tech #

Exclusive: Meituan Co-Founder’s AI Startup to Buy OneFlow Technology

Lightyear Technology takes step toward realizing billionaire Wang Huiwen’s goal of creating a Chinese version of Microsoft-backed ChatGPT

Huawei Develops Chip Design Tool to Counter U.S. Curbs on Tech Exports

Electronic design automation is for working on chips that are made with 14-nanometer technology or above

# China #

In Depth: Why a Sperm Bank Drive Is Fueling Fears of Infertility in China

A nationwide campaign for donations has triggered speculation online about the causes. But insiders say a more complicated picture exists and that sperm banks can play a bigger role to address the declining national birthrate

China’s Private Sector Set for Boost as Local Governments Step Up Support

Guangzhou in southern China is just one city preparing local legislation to give private companies equal rights and market access with their state-owned counterparts

# World #

Treat Private Sector Fairly to Boost Investor Confidence, U.S. Business Group Chief Says

U.S.-China Business Council head Craig Allen adds that further opening up markets such as internet services, cloud computing, legal services, media and entertainment would also be welcome

# Opinion #

Lessons From the Collapse of Silicon Valley Bank

By taking every crisis suffered by others seriously, we can minimize our own crises

Related What’s Going on With Silicon Valley Bank?

# Gallery #

Gallery: Former Taiwan Leader Tours Mainland

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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