The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
In Depth: How the Balance of Power Over Ukraine Shattered Overnight
China urges restraint after Putin recognizes the independence of two separatist regions established by pro-Russian forces
How Cedar Built a Commodity Colossus on a Shell Game
Billionaire Zhang Jin’s Cedar generates Fortune Global 500 revenue from fake deals to borrow billions of dollars it can’t repay, Caixin learned
Chinese Regulators Warn of Metaverse Scams
Investors told to be wary of phony projects, dodgy virtual currencies
Chinese Court’s Crypto Loan Ruling Leaves Private Lender Out of Pocket
Agreement for loan made in $1.6 million of Ethereum tokens has no legal force, judgement says
In Depth: Chinese Companies’ Quest for Indonesian Nickel Grows Perilous
Tsingshan has spearheaded a charge into the Southeast Asian country that has raised questions about whether the firm and its peers in the EV materials industry have overcommitted
China’s Coal Miners Pile Up Record $111 Billion in Profit
The industry’s earnings soared 213% last year after China’s pandemic recovery ramped up demand for the pollution-emitting fuel source
In Depth: Could Pfizer’s Drug Paxlovid Change China’s Covid Policy?
The pill’s remarkably quick approval has set tongues wagging that it‘s a sign Beijing might be preparing to relax its strict pandemic controls
Analysis: How Hong Kong Failed to Maintain ‘Zero Covid’
While the city’s epidemic control system could handle smaller outbreaks, it was quickly overwhelmed when case numbers spiked this month
Shackled Mother Had Been Sold Into Forced Marriages at Least Three Times, Probe Finds
Investigation into the high-profile case identified the woman as a 44-year-old abducted from Southwest China in 1998
Related:
Analysis: Shackled Mother of Eight Is Only One of Thousands of Trafficked Women
Wang Shuo: How Putin Is Taking Slices of the West’s Sausage in Ukraine
No step in a series of appeasements seems worth a confrontation — until the final one does
Ukraine Crisis Risks Undermining China's Relationship With EU
While strategically aligned with Russia, Beijing can’t afford to risk further damage to relations amid rising competition with the U.S.
China Has Approved Pfizer’s Covid Drug. What’s Next?
The government now needs to place an order and set a delivery schedule, given the limited supply
How Beijing Can Regain Trust of Global Institutional Investors
Words are not enough; investors need to see tangible policy implementation and effects
Gallery: Hong Kong Steps Up Battle Against Covid-19
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