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The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
In Depth: China Mulls Scrapping Fixed Household Gas Rates as Winter Shortages Loom
Prices set by the market could reduce distortions caused by upstream price spikes, but the change will have other costs
Metal Magnate’s Fall From China’s Rich List to Bankruptcy
How Zhongwang Group’s Liu made and lost billions in aluminum
Exclusive: Chinese Insurance Giant PICC to Get New President, Sources say
The state-owned company is said to tap finance veteran Zhao Peng for the position
Exclusive: CDB Seeks to Offload Financial Leasing Unit
China Development Bank has been trying to sell CDB Leasing for years to refocus on core mission of infrastructure and key industry development
China’s Factory Activity Expansion Loses Momentum, Caixin PMI Shows
Manufacturing PMI slipped to 50.5 in June from 50.9 the previous month amid a weakening job market, rising deflationary pressure and waning optimism
China’s Services Sector Recovery Downshifts, Caixin PMI Shows
The gauge for industries such as retail and travel slipped to 53.9 in June due to slowing growth in business activity and new orders
In Depth: How China Is Sharpening Ethics Rules for Scientific Research
Experts cautioned that more clarity is needed for biotech and AI experiments, in areas such as defining ethical risk levels, holding companies accountable, and guaranteeing the independence of reviews
Analysis: What Does the Market Expect From Yellen’s China Visit?
News of American Treasury secretary’s Beijing trip this week amid signs of thawing relationship sends stocks and yuan higher
How to Lessen the Impact of Systemic Uncertainty on Entrepreneurs
Addressing the concerns of businesspeople would help inject more certainty into an environment in need of the innovation and risk-taking they provide
Why China’s Property Tax Is Still a Long Way Off
The levy would make local government budgets less dependent on land sales revenue, but doubts remain about whether homeowners would be willing or able to pay
Gallery: Fatal Flooding in Southwest China
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