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Caixin Global
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Weekly Must-Read: How Can China Deal With Deflationary Pressure?

China has underpinned the global economy over the last 15 years, accounting for 35% of world nominal GDP growth

The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors. Enjoy!

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# Cover Story #

How Can China Deal With Deflationary Pressure?

Although China’s economy showed signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signaling a persistent decline

# Finance #

Exclusive: Chinese Financial Giant Citic Picks New Vice President

Zeng Qi, formerly head of ICBC’s retail banking division, now supervises the conglomerate’s securities, life insurance and business coordination units

Analysis: Will China’s Relaxed Share Buyback Rules Help or Hinder the Market?

The amended regulation is meant to encourage the practice, which in theory is positive for stock prices, but skeptics warn the changes may amplify risks, deter investment, and enable more self-serving repurchases

In Depth: China Financial Regulator Aims for Greater Consistency With New Departments

National Financial Regulatory Administration moves responsibilities for authorization and supervision of asset management institutions each under its own roof

# Business #

In Depth: Luxury Brands’ Strategies Diverge Amid Weak Economic Recovery in China

Swankiest global brands are building bigger in the biggest cities to cater to VIPs, while their more accessible competitors are refocusing further afield and deeper online

AI, Data and Trust in Technology Drive Innovation in Manufacturing, Caixin Davos Panel Says

Leaders including Michael Suess, executive chairman of OC Oerlikon, and Ashwini Vaishnaw, India’s IT minister, join the discussion at the annual World Economic Forum

Q&A: New Hope Chairwoman’s Short Cut to Tackling a Business Downturn

Slashing costs, increasing efficiency, simplifying decision-making and delegating responsibility are all necessary to repair the feed giant’s balance sheet, Liu Chang says

# News Graphics #

China’s Coal Production Hit Record in 2023

Output climbs to 4.66 billion tons as the government called on mines to ramp up production and approved more power plants to avert the outages seen in recent years

# Economy #

Davos Attendees Weigh China’s Strengths and Weaknesses at Caixin Luncheon

The country faces economic headwinds as investment and consumption of some durable goods have grown slower, but retains significant advantages in tech innovation and the green transition

# Tech #

Huawei’s Latest Operating System Completely Breaks with Android

Huawei says it will train 100,000 developers a month to ensure the 5,000 most popular apps will be compatible with its HarmonyOS operating system

# World #

China, U.S. Agriculture Heads Restart Dialogue on Cooperation After Eight-Year Hiatus

Tang Renjian and his U.S. counterpart Tom Vilsack met in Washington in the first meeting of the China-U.S. Joint Committee on Cooperation in Agriculture since 2015

# Opinion #

The Realistic Path to Rebuilding Trust

Regardless of geopolitical changes, China will adhere to its fundamental policy of opening up, and the doors will only widen further

# Weekend Long Read #

Why North China Tourism Is Having a Moment

Northern Chinese cities like Harbin and Zibo have become trendy destinations amid the economic slowdown. But affordability is just one factor driving the change

# Gallery #

Landslide Death Toll Rises to 34

# Podcast #

China Willing to Import More EU Products, Premier Says

Growth in China’s EV market is set to slow for a second year, BYD debuts in Indonesian car market

Caixin Global’s Top Stories of the Month newsletter brings you the most popular news coverage over the past month. You may opt in now and get handpicked news coverage delivered to your inbox each month for free.

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