Weekly Must-Read: It’s Time to Declare War on Cryptocurrency

Editorial: It’s Time to Declare War on Cryptocurrency
The central bank’s recent orders to financial institutions to stop crypto-related services mark an escalation in the battle, but the law needs to change to ensure the current crackdown has a lasting effect
How Covid Is Altering International Sports
Dramatic format changes foreshadow the future for multibillion-dollar mega events as Euro 2020 and the Olympics resume amid the pandemic
China’s Chip Investment Moves Ahead Full Throttle
New report says 164 Chinese semiconductor companies raised $6.2 billion in the first five months of 2021, already meeting 2019’s full-year total
Investors Stay Bullish on Battery-Maker CATL Amid Tie-Up With Tesla
Enthusiasm for electric-car stocks undimmed by the U.S. carmaker’s recall of 300,000 vehicles in China
In Depth: Hong Kong-Mainland Deal Opens Door to Solving China’s Cross-Border Bankruptcy Issues
Agreement could eventually make it easier for both domestic and foreign creditors to claim an insolvent company’s overseas assets
Exclusive: Tencent Eyes Controlling Stake in Sino-Japanese Insurer
A 70% interest in Great Wall Changsheng Life Insurance has been put up for sale for about $600 million
Charts of the Day: Foreign Investors Love China’s Multitrillion-Dollar Mutual Fund Market
Total net asset value increased by $787 billion in 2020, the fastest pace on record
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Carbon Market to Expand to Eight Industries
China’s national carbon trading market is likely to expand to cover industries such as cement and aluminum next year
Ancient Skull Discovered in China Represents New Human Species, Scientists Say
The discovery of 146,000-year-old ‘Dragon Man’ sheds new light on human evolution
In Depth: Wild Elephant Trek Traced to Shrinking Habitat, Experts Say
Deforestation and expansion of rubber plantations has forced wandering herd to migrate further from home
Terminally Ill Patients Need More Than Medicine
China suffers an acute shortage of hospice care. More resources and better education about death are needed to ease the pain of the dying
A Big Step Toward Solving Cross-Border Bankruptcy Issues
New deal could make it easier for foreign creditors to claim assets on the mainland; Shenzhen moves ahead with legislation that could soon get self-driving cars on the roads; and the stock price of battery-maker CATL hits an all-time high
Klaus Schwab Advocates New Business Approach
Founder of World Economic Forum argues that companies need a broader metric than short-term profits and need to provide for all stakeholders including society
China, EU Set to Agree on Green Finance Definitions by Year-End, Official Says
China’s recent move to update its green bond classification scheme helps align country with stricter global standards
Bank Regulatory Official Warns of Inflation’s Impact on China’s Businesses
CBIRC’s Yu Xuejun urges lenders to prepare to deal with any potential fallout from growing inflation

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