Weekly Must-Read: PBOC Considers First Applications for New Financial Holding Company License
Caixin Must-Read brings you the best of our coverage over the past week, handpicked by our editors.
Citic Group subsidiary and Everbright apply to become financial holding companies under the tightened central bank rules introduced in September
With more than 70 new Covid-19 cases in two weeks, city’s response will test China’s ability to tamp down mutations
Closely-held Shein is valued among the world’s biggest tech startups and is challenging Western rivals like Zara with a wide product range sold at bargain-basement prices
Lengthening list to 59 firms is latest signal that the U.S. president intends to maintain the Trump administration’s harder stance toward Beijing
After-school training company is part of an industry facing new protection-of-minors legal restrictions and heightened government pressure over illegal activities
Steel prices forecast to remain high amid strong demand; auto production slowed by parts shortages; pandemic has stocks of shipping containers out of whack
Soaring raw material prices start to feed through to consumer inflation as companies pass on higher costs
While the rapidly mutating virus is spreading farther and faster, current vaccines, testing and control measures are still effective, experts say
More transmissible variants, low vaccination rates have seen some places feel the heat of the pandemic for the first time
The country accounts for almost one-third of the global carbon emissions, so it’s crucial it takes the right path to hitting its own targets
In today’s society, the competition is endless and leads nowhere. Is there any more rebellious act than rejecting the rat race?
Check out which exhibitions and events are on in Beijing and Shanghai, and plan an eventful June for yourself
U.S. President expands Trump-era ban, blacklisting 59 entities with alleged military links; schools nationwide must provide sex education as a part of a wider campaign to protect minors from sexual abuse; and Tiktok remains the world’s most downloaded non-gaming app
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