Nov 06, 2021 05:00 PM

Weekly Must-Read: Life on Pause in Ruili’s Endless Fight Against Covid-19

The Caixin Must-Read newsletter brings you the best of our coverage over the past week, handpicked by our editors.

# China #

In Depth: Life on Pause in Ruili’s Endless Fight Against Covid-19

City on Myanmar border has been mostly locked down since July, prompting thousands to leave as businesses and incomes evaporate

In Depth: Combating the North American Pest That Has Reveled in Beijing’s Wet Summer

The ’white robe wizard’ is one of many nonnative species in China that destroys crops, hurts farmers’ livelihoods and threatens the survival of native wildlife

# Cover Story #

How Drugmakers Feed on Chinese Parents’ Anxiety Over Children’s Height

China’s market for human growth hormone surges, benefiting GeneScience and Anke Biotechnology as foreign suppliers rush in

# Business #

Five Things Different About This Year’s Double 11

Longer presales, more livestreaming and more burnishing of eco-friendly credentials

Sequoia Dumps Billions of Dollars of Meituan Shares Amid Regulatory Woes

Longtime venture capital backer slashed holdings 60% over three years as food delivery giant faces surging labor costs under fierce government scrutiny

China’s Top Power Producers See Red as Surging Coal Prices Sink Profits

Three of the country’s biggest generators lost a combined 6.9 billion yuan in the third quarter

# Finance #

In Depth: Smaller Chinese Banks’ Dilemma as Lucrative Internet Partnerships Evaporate

Analysts say the lenders may find it hard to build their own online presence, should instead focus on local business borrowers

In Depth:’s Rocky Road to Take the Finance Out of Its Fintech Unit

Since its most recent name change, JD Technology, the e-commerce giant’s fintech unit, has seen a management exodus and a staff culling as it seeks a path back to IPO

# Economy #

China’s Manufacturing Activity Expands Amid Weak Supply, Caixin PMI Shows

The October reading marks the second consecutive monthly gain driven by domestic demand

# World #

Beijing Urges Washington to Pursue a ‘Real One-China Policy’

If mishandled, matters related to Taiwan could cause ‘subversive and overall damage’ to bilateral ties, Foreign Minister Wang Yi tells his U.S. counterpart

# Gallery #

Shanghai Disney Closed Due to Covid

# Weekend Long Read #

The Facts and Fables About China’s Singles Economy

The growing number of single people in the country has marketers’ mouths watering, but if left unchecked, the trend poses long-term dangers to the economy

# Books & Arts #

Exhibitions in November: From Maurizio Cattelan’s Hyperrealistic Installations to Da Vinci’s Engineering Philosophy and Jane Austen’s Books

Check out these unmissable events in Beijing and Shanghai to see paintings, books, installations, rubbings, wood carvings and a lot more

# Podcast #

Not-So-Hot Property

Real estate sales dwindle; the Chinese city stuck in an endless state of semi-lockdown; and Disneyland Shanghai temporarily closes after visitor contracts Covid


In Depth: Why Chinese Developers’ Offshore Bonds Are So Cheap

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