The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors. Enjoy!
Group access and applicable discounts are available. Contact us for a customized plan.
# Cover Story #
China Mulls Tax System Overhaul to Ease Record Local Government Debt
Proposed reforms would shift revenue from the central government and relieve localities of some expenses
# Finance #
Exclusive: Ant Group Likely to Sell Stake in China’s First Personal Credit Reporting Firm to Tencent
Restructuring plan will make Baihang more similar to its thriving rival Pudao, sources say
In Depth: Consumers, Entrepreneurs Give Banks’ Retail Lending a Much-Needed Boost
Chinese lenders are seeking out new areas for growth as the credit card business slumps and property downturn stunts mortgage demand
# Business #
In Depth: Rough Market Doomed Syngenta Listing Plans
Industry downturn means debt-laden ChemChina, which acquired the Swiss firm for $43 billion seven years ago, is unlikely to see the cash windfall it was hoping for
Chinese EV-Makers More Eager to Build Factories in Europe Following Anti-Subsidy Probe, Survey Finds
While the automakers admitted that the EU’s ongoing investigation has dented their sales and confidence, the wider region remains a key target
Related:
Caixin Explains: How the EU’s New Tariff Hikes Will Affect China-Made EVs
# News Graphics #
Most of China’s Top Auto Suppliers Are Expanding Into Europe, Report Shows
North America and Southeast Asia are also favored destinations as firms look to avoid tariffs and better serve carmakers with local operations
# China #
Exclusive: Jiangsu Securities Regulator Chief Ling Feng Detained
Ling’s detention may be linked to a Yixing entrepreneur who is currently under investigation
# World #
Singapore Scrutinizes Family Offices in Wake of Money Laundering Scandal
Offices required to submit extra information, invest more money locally
# Opinion #
The Challenges and Benefits of China’s Latest Financial Stability Legislation
Further integrating financial stability into the rule of law will significantly help with the prevention and management of systemic risks
# Weekend Long Read #
How the New Tariffs on Chinese EVs Will Slow Green Transition
The U.S. and EU measures will hurt local consumers and delay the global shift to a low-carbon lifestyle
# Gallery #
Deadly Blaze Engulfs Korean Plant
# Podcast #
Caixin Biz Roundup: How EU Tariff Hikes Will Affect China-Made EVs
CATL in hot water over grueling work schedule, Tesla gets license to test full self-driving in Shanghai
