Caixin
May 06, 2022 12:00 PM
WEEKLY MUST-READ

Weekly Must-Read: Five Things to Know About China’s Draft Rules on Local Financial Institutions

Caixin Global’s Top Stories of the Month newsletter brings you the most popular news coverage over the past month. You can opt-in now and get handpicked news coverage delivered to your inbox each month for free.

# Finance #

Five Things to Know About China’s Draft Rules on Local Financial Institutions

Draft regulations to strengthen supervision may be difficult to enforce and could even put unnecessary burdens on market participants, experts say

In Depth: Will Wind Go Out of SPACs’ Sails in Singapore and Hong Kong?

Asian financial hubs changed their rules to allow special purpose acquisition companies in the hope of revving up their lackluster stock mark

# Cover Story #

Global Food Crisis Stalks the Starving as War, Covid Choke Supplies

While China shores up stocks of imported food commodities and boosts domestic output, many of the world’s most food-insecure face a daunting future

# Tech #

CATL Poaches Huawei Veteran to Lead Next Generation Battery Development

Cai Jianyong will oversee cell-to-chassis technology expected to improve efficiency of electric vehicles

# Business #

Politburo Urges Local Governments to Loosen Grip on Developers’ Pre-Sales Revenue

Move comes as housing sales continue to dwindle despite measures to ease strict property policies

# Economy #

Caixin Explains: The Politburo’s Strong Pro-Growth Signal

China’s top policymakers issue a sweeping set of pledges to spur the economy out of its Covid doldrums while retaining virus control as top priority

ets, but questions remain about whether the blank check companies can live up to the hype

# Opinion #

Analysis: How the Lockdowns Imperil Shanghai’s Pharma Valley

Chinese center for developing, testing and making advanced medicines may lose customers and experience a brain drain amid Covid restrictions

Editorial: Consumption Stimulus Should Go Above and Beyond

Short-term measures should focus on ensuring the basic living standards of low-income groups and households, while mid-to-long-term measures should promote both supply and demand

# China #

Analysis: Hard Line Quarantine and the Rule of Law

Some disease control measures imposed recently in Chinese cities are clear violations of the law, and their consequences go well beyond upsetting the public

In Depth: China’s Rare-Earth Hub Wrestles With a Stubborn Problem — Cleaning Up

Extracting the raw materials helped enrich the city of Ganzhou, but decades of mining have left locals with intractable environmental issues

# World #

Switzerland’s Neutrality Policy in the Spotlight After It Joins EU Sanctions Against Russia

Swiss ambassador to China argues that even a neutral state has the right to take a political position

# Gallery #

Beijing’s Muted Labor Day

# Weekend Long Read #

China Can Learn From Japan’s Persistent Structural Economic Problems

Noting that Beijing has succeeded in preventing ‘major’ bubbles, ex-BOJ Governor Shirakawa Masaaki underscores the importance of fiscal sustainability and central bank independence

Outrage as Shanghai Senior Mistaken for Dead

Elderly patient sent to funeral parlor found to be alive

Top Stories of the Month

Caixin Global’s Top Stories of the Month newsletter brings you the most popular news coverage over the past month. You may opt-in now and get handpicked news coverage delivered to your inbox each month for free.

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