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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In Depth: In China, Hydrogen’s Star Rises
As interest in the potentially environmentally friendly energy source grows, experts say cost-effective green versions of the gas are a long way off
Record River of Graft Leads to Death Penalty For One-Time Water Official
The story of how Li Jianping, a mid-level municipal official in Inner Mongolia, amassed $420 million in illicit gains stunned the nation and sparked public outrage
In Depth: China’s Responses to Crumbling Foreign Investment May Take Time to Stoke Rebound
Diminished enthusiasm from overseas investors has been met by moves to further open up markets and attract fresh investment
China’s Forex Regulator Expands Overseas Borrowing Pilot Nationwide
State Administration of Foreign Exchange also enhances support for foreign businesses, adding to a flurry of government efforts to retain them
In Depth: How the AI Race Has Spread From the Cloud to the Palm of Your Hand
Businesses compete to run edge AI on personal devices rather than data centers, counting on increasing everyday usage as the technology moves closer to users
In Depth: China’s Internet Content Kings Struggle to Keep Users Paying
Following years-long campaigns, Tencent, iQiyi and Alibaba’s Youku have finally convinced customers to subscribe, but retention remains a challenge
China Literature Buys Animation Assets from Controlling Shareholder Tencent for $83.6 Million
China’s online publishing giant buys animation and comic business from Tencent to kickstart future growth
WISE Awards: Highlighting the Power of AI to Bring Girls Back to School
In what represents a ‘Nobel Prize’ for education reformers, founder of nonprofit Educate Girls takes top honor for innovative application of the technology to identify girls missing from school in villages across India
Yuan’s Recent Strength Signals End to Latest Bout of Depreciation
The weakening of the currency from March 2022 to this past September had a lot more to do with a strong U.S. dollar than sluggishness in the Chinese economy
There’s More Than Meets the Eye to China’s Visa Exemptions
The addition of six countries to the country’s visa-free entry program last month is a boon to inbound tourism, which not only brings immense economic value, but also enhances China’s image
How Ozempic Maker Novo Nordisk’s Very Danish Capitalism Fueled Its Success, and Its Stumbles
The company’s culture and particular structure have put constraints on it as demand for obesity drugs grows
The Fishing Village Engulfed by Industry
China Transition Finance with a Cup of Tea Episode 5: Policy Framework of China’s Transition Finance
Caixin Global invited Prof. Yicheng Shin, Chief Economist of Zhongcai Green Index Co., Ltd., Senior Academic Advisor and Professor of International Institute of Green Finance, to share his insights on what international investors should know about the policy framework of China’s transition finance.
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