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National

Weekly Must-Read: The Slow-Burning Insurance Crisis Unfolding in the Shadows

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# Finance #

In Depth: The Slow-Burning Insurance Crisis Unfolding in the Shadows

Despite government efforts to clean up the industry and improve oversight, the economic slowdown and a new risk-focused regulatory regime are adding to the problems

China’s Efforts to Bolster Stock Markets Fall Flat With Offshore Investors

Net selling through the Hong Kong-mainland stock connect programs has continued in spite of supportive measures including a cut in the cost of trading and a limit on IPOs

# Cover Story #

Chinese Battery Makers Gird for Price War in Competition to Supply EV Producers

Rivalry pits CATL, with 43% of China’s market, against BYD Co. Ltd., with a 30% share

# Business #

In Depth: China’s Mid-Tier Cities Vie for EV Battery Supremacy

Manufacturing hubs like Yibin are bending over backward to win business from giants like CATL as they seek to boost jobs and economic growth

Analysis: China Ups Pressure on Some Provinces as Energy-Saving Efforts Fall Short

Gansu, Hubei, Shaanxi and Qinghai have been told to step up measures to reduce energy intensity to meet targets set in the 14th Five-Year Plan

Analysis: China’s Largest Green Hydrogen Mega Project Hints at Vast Potential

Green hydrogen, made by splitting water molecules using renewable power, is seen as vital for decarbonizing heavy industries, like steel and chemicals

Chart of the Day: Chinese Car Sales Return to Growth in August

Purchases rise by 8.2% from the previous month driven by automakers’ price cuts and government support measures

# Tech #

TikTok Launches In-App Shopping Feature in the U.S.

In the face of political and regulatory pressure, the ByteDance unit aims to cash in on its popularity among 150 million American users

# Economy #

China’s Nationwide Property Tax Plan Set for Further Delay

Law paving the way for the levy is omitted from the new five-year program of the country’s top legislative body

Shenzhen Eases Home Purchase Curbs to Unleash Demand

One of China’s most expensive megacities relaxes restrictions affecting nonresidents and divorcees

# Opinion #

How to Stabilize China’s Property Market to Keep Risks at Bay

While there are issues stemming from underdevelopment, many of the sector’s current problems arise from irrational administrative intervention

# China #

In Depth: Canceled Contracts Upset Chinese Drugmakers’ Overseas Push

China became a net exporter of innovative treatments for the first time in the first half of the year, but with more ‘out-licensing’ agreements come more cancellations

# World #

Analysis: G20 Inclusion Will Bolster African Union’s Global Standing

The addition will allow the 55-member bloc to better speak with ‘one voice’ on global governance issues, official and media reports say

Reporter’s Notebook: As ASEAN Host, Indonesia Eyes Ascent to Global Prominence

While discussions on geopolitical plays by major powers were to be expected, the emphasis tended more toward promoting the rise of Southeast Asia’s influence

# Weekend Long Read #

How Huawei Picks and Develops Talent

The tech giant focuses on recruiting exceptional technical specialists and then leaves them with room to grow, company founder Ren Zhengfei says

# The Wall Street Journal #

India Spends Big on What It Needs Most to Catch Up to China

The country is building fast in an effort to address gaps in its infrastructure that have long held back its economy

# Gallery #

Russia Rolls Out Red Carpet for Kim

# Podcast #

Caixin-Sinica Business Brief: China’s Appetite for Luxury Is Back

China’s trade data improved in August but economic worries still linger, Apple stock drops on reports of Chinese government’s iPhone ban

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