The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Cover Story: How Evergrande Could Turn Into ‘China’s Lehman Brothers’
Collapse of China’s ‘too big to fail’ property development giant could involve $309 billion of debt and set off a financial tsunami affecting millions of people
In Depth: How Evergrande Hid Its Debt
The embattled developer has shown itself to be a master at hiding debt, employing methods such as debt disguised as equity and acquisitions that have yet to be paid for
Caixin Explains: How Evergrande’s Hui Ka Yan Blew Up a $43 Billion Fortune
Tycoon’s wealth has fallen roughly 90% in four years, his property company is drowning in debt and even his soccer club is reportedly looking for a bailout
In Depth: How Evergrande Created China’s Most Valuable Automaker Without Selling a Single Car
A look into the debt-riddled developer’s forays beyond real estate shows how it was able to conjure fictions about itself that it used to spin into gold in the financial markets
In Depth: How a Liaoning Bank Got Sucked Into the Evergrande Vortex
Shengjing Bank’s biggest shareholder is Evergrande, and authorities are probing $15.5 billion of transactions between the property giant and the regional bank
Opinion: What’s the End Game for Evergrande?
Ensuring that the developer can actually finish its ongoing projects will be crucial to safeguarding faith in the property sector and social stability
The Headaches Plaguing China’s Exporters and How They Are Hurting Trade
Short supply of raw materials, high commodity prices, rising shipping costs and a labor crunch are likely to stymie trade growth in second half
In Depth: China’s Climate Goals Leave One Province Torn Between Past and Future
Hydropower-rich Yunnan is struggling to balance its longtime role as a source of cheap electricity with aspirations to build up its own manufacturing industry
Regulators Face Balancing Act in Curbing Property Risks, Analysts Say
It’s time for real estate to play a less prominent role in China’s economy, but the Evergrande crisis shows it’s a delicate transition, according to experts
China’s Tighter Tech Laws Could Stymie U.S. Demands for Data Handover, Legal Expert Says
Chinese firms going public in the U.S. could use the new laws to resist regulators’ requests to access sensitive data, Wu Shenkuo says
Angry Investors Return to Evergrande HQ
Analysis: China Shifts to Target Those Offering Bribes to Reap Righteous Haul
Bribery takes two and laying more of the blame on criminals who seek to ‘entrap’ party and government officials is more just
Xi Says China Will Not Build New Coal-Fired Power Plants Abroad
In an address to the U.N., the president pledges more support to developing countries for green energy
Top Chinese Diplomat’s Overseas Trip Focuses on Tighter Collaboration With Neighbors
South China Sea tensions, Belt and Road links and multilateral cooperation were key issues addressed during foreign minister Wang Yi’s visit
China is witnessing an exponential growth in carbon reduction effort and interest in ESG and sustainable investments. Caixin will bring you a timely update with insights on what is happening in the world’s second-largest economy on climate change, impact investing, green finance and more.
