The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
The Rapid Fall of China’s Most Famous Corporate Raider
Since the failed Vanke bid, Baoneng Investment Group is now $31 billion in debt after forays into cars and mobile phones fell short
Caixin Explains: What’s at Stake in the Massive Unigroup Restructuring
Bidders for the $46 billion business with a prominent role in China’s chipmaking ambitions include SOEs from Guangdong, Beijing and Wuxi, plus Alibaba
Exclusive: Alibaba’s Philanthropic Head Talks ‘Common Prosperity’ Plans
Former Ant CEO Hu Xiaoming lays out how Alibaba will invest $15.5 billion over five years ‘on making a bigger pie’ for China
Meituan Offers Glimpse Into How Takeout Delivery Times Are Set
Meituan has revealed how it sets delivery times for its takeout drivers, amid criticism that unrealistic deadlines force them into risky behavior
Related
In Depth: Plight of China’s Gig Workers Poses Policymaking Dilemma
In Depth: The Never-Ending Battle to Curb China’s Hidden Debt
Lenders ordered to close loopholes that are allowing local governments and their financing vehicles to skirt borrowing limits
In Depth: What’s Standing in the Way of ‘Common Prosperity’?
Academics debate how China’s wealth inequality can be addressed, from tinkering with markets to adjusting government redistribution
Related
Emphasis on Common Prosperity Encapsulates Major Shifts in China’s Development Philosophy
In Depth: China Tries to Calm Skittish Investors Amid ‘Regulatory Storm’
After sweeping rule changes sank shares in industries from after-school tutoring to big tech, some investors have cried foul and nearly everyone is pushing for more predictability
Five Things to Know About the New Cross-Border Wealth Connect Program
Starting Oct. 10, trial program will give residents the chance to invest in wealth management products across the Greater Bay Area
Why China-U.S. Relations May Be Showing Signs of Thawing
As Xi and Biden speak for a second time this year, it’s clear that America needs China in confronting climate change and post-Afghanistan realities
Declining Birthrates Have Left Beijing Kindergartens Without Enough Students
Many Chinese kindergartens, mostly privately run, are facing difficulties in enrolling enough students as fewer babies have been born in recent years
In Depth: Chinese Migrants’ Long Way Back From Scammer Havens in Myanmar
Many Chinese migrants crossed the border illegally, often to engage in telecom and online fraud. China wants them back
Typhoon Darkens East China Skies
What Does China’s Consumption Slowdown Mean for the Economy?
Growth in consumer spending has been declining in recent months, posing a risk of an economic slowdown in the second half of the year
Too Big to Fail? Evergrande’s Dilemma
Troubled property giant grapples with a $300 billion mountain of debt; Canada Goose falls ‘a-fowl’ of Beijing for allegedly deceiving shoppers; and Alibaba to spend $15.5 billion on philanthropy over five years
Our ESG & Carbon Goals special coverage brings 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.
