The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.
The Vision of Singapore’s Next Prime Minister
Lawrence Wong sees himself as a ‘servant leader,’ he says. ‘My role is not just to lead, but to serve my country and my fellow citizens’
China Rolls Out Registration-Based IPO Rules Across Market
Securities regulators move to expand faster approval system for new shares sales following trials on STAR Market, ChiNext and Beijing Stock Exchange
In Depth: What’s in Store for Yuan Internationalization in 2023?
A program to encourage yuan-denominated share issuance in Hong Kong and the launch of a Swap Connect scheme for offshore institutional investors should help boost the currency’s popularity
In Depth: China Boots Record Number of Companies From Its Bourses
Forty-two firms were forcibly delisted from stock exchanges in 2022, mostly due to poor financial performance, with that number likely set to double this year
In Depth: The Questions Hanging Over Ant Group
Market watchers wonder when the fintech giant will be able to revive its IPO plans and what it will have to give up to get a financial holding company license — one of the last items on its restructuring to-do list
In Depth: A Metal Tycoon’s Liquidity Woes Disrupt China’s Copper Trade
Bankruptcy restructuring of He Jinbi’s Covid-crippled Maike Metal International threatens a third of China’s copper imports
JD.com Closes E-Commerce Businesses in Indonesia and Thailand
Chinese internet giant refocuses on supply-chain management and warehousing as Southeast Asia market grows hotly competitive
Related： Tech Insider: JD.com Suffers Southeast Asia Setback, IFlytek’s Stock Surges
IMF Raises China’s 2023 Growth Forecast to 5.2% as Economy Reopens
The fund revises up its projection from October’s 4.4% on the back of a faster-than-expected recovery
Local Chinese Governments Paid $148 Billion in Interest in 2022
Debt-servicing costs double from 2018 as authorities borrow record amounts to bolster the battered economy through increased public spending
In Depth: Why Soccer Hasn’t Graduated in China
The country has spent more than a decade pouring billions of dollars into youth soccer, but amid lax oversight and a society that prizes higher education, the sport is struggling to move beyond the campus
In Depth: Where Do Fake Covid Drugs Come From?
Amid a pandemic buying frenzy and surging black market prices, Chinese distributors point fingers at manufacturers of generic drugs in India
The Urgent Need for Global Cooperation
In an increasingly divided world where countries are moving away from global supply chains, there’s a pressing need to continue strengthening international cooperation to address challenges such as recession risks and climate change
What Jack Ma Taught Me in 1999
When Brian Wong first met Alibaba’s co-founder, the company was little more than a logo-less listing of products online. That didn’t stop Ma from selling him on joining up
Gallery: More Western Arms Head to Ukraine
Mystery Deepens After Missing Teen’s Body Found Behind School
Police discover body of teen missing for more than three months
Related： Missing for 100 Days, Teenager Found Dead Behind School
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