The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
China Meheco Links Up With Pfizer to Market Covid Pill
State-owned drugmaker signs 2022 supply contract to commercialize Paxlovid as the first foreign treatment approved in China
China Meheco Confirms Pfizer Talks on Selling Paxlovid in China
State-owned drugmaker’s shares surge by 10% limit on four straight days in Shanghai, though its role may be limited to distribution logistics
The Reshaping of the World as Ukraine War Rages On
Biggest European conflict since World War II sets off profound changes including a new level of economic warfare with unknown consequences
Roundup: What the Government Work Report Told Us About China’s 2022 Economic Plans
Agenda-setting document covers GDP growth and fiscal deficit targets, monetary and housing policy directions — but no specific carbon-cutting goals this time
Caixin Explains: Why China’s Central Bank Is Handing Over 1 Trillion Yuan to Treasury
The transfer is a sign of greater coordination of fiscal and monetary policy
Caixin Explains: Why China’s Creating a Financial Security Fund
The move is the latest attempt to ensure stability and prevent risks from indebted institutions deemed ‘too big to fail’ from overflowing into the rest of the financial system
In Depth: The Winners and Losers of China’s Credit Easing
With GDP growing just 4% in the fourth quarter, policymakers have loosened the credit tap, but some parts of the economy stand to gain more than others
Exclusive: Trillion-Dollar China Everbright Picks Chief of World’s No. 2 Bank as Its New Chair
Wang Jiang was named China Construction Bank president just over a year ago
What to Expect From Efforts to Stabilize China’s Economy
Growth will hinge on whether a rebound in infrastructure and manufacturing investments can offset the weakness in real estate and consumer spending
More Shanghai Hospitals to Focus on Covid Patients as Outbreak Emerges
The financial hub is preparing to designate more facilities to isolate and treat the infected
Related
China Considers ‘China-Style’ Strategy to Coexist With Covid, Top Disease Experts Say
In Depth: As More Scammers Find Shelter in Cambodia, More Chinese Become Victims
Stories of kidnappings and human trafficking such as the recent ‘blood slave’ case highlight the growing danger China’s citizens face in the Southeast Asian nation since Beijing clamped down on fraudsters at home
Tracing Rimbaud’s Footsteps Aboard a Chinese Railway in Ethiopia
As the African landscape engulfs the European railways first envisioned by the adventurous French poet, how will the modern Chinese railway fare a hundred years from now?
Gallery: Women Make Mark at China’s ‘Two Sessions’
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