The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
Exclusive: Shagang Still Wants to Buy Nangang Iron & Steel From Fosun
Even after Citic swooped in to help Nanjing Steel preempt its deal, Shagang urges Fosun to honor its $1.97 billion sale agreement
In Depth: How China’s Export Surge Left the Shipping Industry With a Hangover
Falling freight rates are a sign of overcapacity in the sector, just as a host of new vessels ordered during boom times are about to be delivered
In Depth: Why Should Beijing Reinstate Subsidies for Auto Sales?
Complex market dynamics could make state intervention less effective as the industry’s increasingly vicious price war fails to spur demand
Raging Price War Poses Survival Threat for Automakers
Only a handful of EV and smart car winners may remain standing as China’s crowded vehicle industry faces a massive shake-out
Huawei Struggling to Grow Smart Car Business, Executive Says
Chinese automakers prefer to keep control over their driving tech, while U.S. sanctions make international firms wary, Richard Yu says
IMF Chief Georgieva on How to Operate in World of Uncertainty
The fund’s managing director explains why central banks need to be nimble, regulators ought to be decisive, and China should hold fast to its green goals
China’s New Personal Pension System Gets Lukewarm Response
Just 28 million people sign up for retirement accounts and even fewer make contributions, data from Ministry of Human Resources and Social Security show
Four Things to Know About How China’s PE Funds Are Helping Revive Real Estate
Private equity funds were allowed to start applying for permission to invest in some types of property projects, but some analysts are skeptical of the benefit
China Mobile Buys $6.5 Billion Stake in Postal Savings Bank
Government-controlled telecom giant will become the third-largest shareholder in the state-owned bank
Caixin China New Economy Index Shrinks on Decline in Capital Investment
The gauge that tracks the size of high value-added industries such as biotech dropped 1.2 points to 28.3 in March
Huawei’s 2022 Profit Plunges 69% Amid Sanctions and Heavy R&D Outlays
After pouring a record 25.1% of revenue into research and development, the Chinese electronics giant says it expects higher earnings this year
China and Australia Can Do More to Lower Trade Barriers, Official Says
Assistant Minister for Trade Tim Ayres says both countries would benefit from a full resumption of exports and imports and resolving ‘trade impediments’ without the WTO
Significance of Jack Ma’s Reappearance Should Not be Underestimated
Alibaba co-founder’s well-publicized visit to a local school signals a shift in China’s treatment of big tech
Gallery: Ex-Taiwan Leader Honors His Ancestors
Japan Curbs Semiconductor-Gear Exports as Ties With China Chill
Move comes as Tokyo’s foreign minister plans to visit Beijing after detention of Japanese man
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