The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Alibaba Signs Cooperation Agreement With Hangzhou Government
Eastern China headquarters city vows support for e-commerce giant, which promises aid in developing a digital metropolis while bolstering the local economy
China Wraps Up Two-Year Tech Crackdown, Top Official Says
Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook
Related Chinese Billionaire Jack Ma to Cede Control of Ant Group
China’s International Air Travel Resumes, But Covid Turbulence to Delay Takeoff
Airlines are struggling with understaffing and a new strain of the virus threatens to slow recovery in what was the world’s largest outbound travel market
In Depth: Behind the Massive Sell-Off in Chinese Wealth Management Products
Following China’s easing of Covid controls, a slump in the bond market has led to plunging values of WMPs, stoking panic among retail investors
Chinese Developers Face $141 Billion Wall of Maturing Bonds in 2023
Default risks remain despite government measures to ease financing pressure, property consultant warns
New Device’s OS Shows How China’s Tech Firms Guard Against Foreign Sanctions
Fyde Innovations’ hybrid tablet/laptop runs an operating system that isn’t built on technology vulnerable to restrictions imposed by governments abroad
Local Governments Set to Borrow $146 Billion in First Quarter
As Beijing urges more spending to bolster the economy, 18 provinces and municipalities prepare regular and special purpose bond sales
North China Gas Shortages Leave Villagers Shivering
Downstream distributors in parts of Hebei province failed to secure ample supplies, with residents saying they are unable to heat their homes and cook
Analysis: China’s Limits on Dispensing Pfizer’s Paxlovid Could Delay Treatment
Limited supplies of the highly sought-after antiviral drug used to treat Covid has prompted tough restrictions to be imposed on buyers, raising concerns that those in urgent need could face delays
Related Pfizer’s Paxlovid to Be Dropped From National Subsidy Scheme as Talks Collapse
Caixin Explains: Why Countries Are Putting Curbs on Travelers From China
On Tuesday, the Chinese embassies in Japan and South Korea retaliated against both countries by suspending visa issuance. This is the first time Beijing has pushed back against these restrictions, some of which have been in place since late December
Take International Rules Seriously
China will boost institutional opening-up, further enhance national awareness of rules and the spirit of the contract, and continue to optimize the business environment
Covid Is Rife at China’s Colleges. Exams Are Going Ahead Anyway
For months, China’s students have prepared under harsh ‘zero-Covid’ restrictions. Now, many have to take crucial tests while infected with the virus
Gallery: China’s Exit-Entry Offices Get Busy
Caixin Biz Roundup: China Wraps Up Two-Year Tech Crackdown
Official signals end to clampdown, Jack Ma to give up control of Ant Group, Tesla makes second round of price cuts in three months in China
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