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Caixin Global
Caixin Global
National

Weekly Must-Read: How AstraZeneca’s China Fraud Was About More Than Greed

The Caixin Must-Read newsletter brings you the best of our coverage from the past week. If you find it valuable, please share it and invite others to subscribe.

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# Cover Story #

How AstraZeneca’s China Fraud Was About More Than Greed

The British pharmaceutical giant’s falsified patients’ test results so insurance would pay for its cancer drug in an effort to boost sales, but the alleged misconduct ended up benefiting some patients

# Finance #

Binance Founder Champions Middle East as New Crypto Hub

Zhao Changpeng, the Chinese founder of Binance, the world’s largest cryptocurrency exchange, attended a crypto event in Bahrain on Sunday, highlighting the Middle East's growing appeal as a hub for digital assets

Related: Inside Binance’s Guilty Plea and the Biggest Fine in Crypto History

# Business #

In Depth: How the Wheels Could Fall Off China’s Road Connectivity Plan

Doubts emerge over the government’s capacity to finance ‘smart road’ projects without sufficient private sector buy-in as annual spending could reach over half-a-trillion yuan

# Economy #

Interview: How a Massive Injection of Money Could Kick-Start China’s Growth

Just as a company would issue equity to raise funds to invest, the PBOC can issue money to resolve the country’s massive debt overhang and get the economy moving, Patrick Bolton tells Caixin

China Manufacturing Activity Picks Up as Stimulus Kicks In, Caixin PMI Shows

The index rose to 50.3 in October, rebounding from a contraction the previous month amid an improved business environment and growing optimism

# Tech #

Gulf Nations Put Their Money on China’s Self-Drive Expertise

China’s intelligent driving firms find welcome partners in Gulf state investors

# News Graphics #

In Depth: AI Is Taking Internet Advertising by Storm, but at What Cost?

The technology is cutting the cost of ad generation, while raising the anxiety levels of professionals in the industry

# China #

In Depth: China’s Drive to Develop the Tech to Move Machines With Thoughts Alone

Researchers in the country are pushing clinical applications in certain areas to the cutting edge globally as they look to rival Elon Musk’s Neuralink

# World #

Analysis: U.S.-China Strategic Rivalry Set to Intensify Regardless of Who Wins White House

Vice President Kamala Harris is expected to toe the Biden administration’s line, while former President Donald Trump has promised to ice out China with a barrage of new hurdles

# Opinion #

What Trump 2.0 Will Mean for China’s Chip Industry

Trump is back, so what will his sanction threats mean for China’s semiconductor industry?

# Weekend Long Read #

The Late Zong Qinghou on How He Built a Beverage Empire

In one of his final interviews, the Wahaha founder shared the secrets of his company’s success

# Podcast #

Caixin Deep Dive: State Investors’ Desire for Quick Buck Undermines China’s Push for ‘Patient Capital’

Exploring the drive for quick returns among China’s state investors and how it contrasts with the country’s push for long-term investment in high-tech

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