Aug 05, 2022 05:03 PM

Weekly Must-Read: What’s Behind China’s Mortgage Strikes?

An incomplete residential project in Zhengzhou, Henan province, on June 2. Photo: VCG 
An incomplete residential project in Zhengzhou, Henan province, on June 2. Photo: VCG 

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

# Business #

In Depth: What’s Behind China’s Mortgage Strikes?

Developers were allowed to skirt rules designed to ensure they could afford to finish building homes buyers had already paid for — then the market turned

# Cover Story #

Why Southeast Asia Is a Battleground in the Global China-U.S. Rivalry

Vast, diverse region is strategically placed and promises dynamic growth, but it also may offer opportunities for superpower cooperation

# Finance #

Alibaba Added to U.S. List of Chinese Stocks Facing Expulsion

SEC says American oversight agency couldn’t fully review e-commerce giant’s fiscal 2022 books as negotiators appear deadlocked

# Tech #

U.S. Expands Ban on Sales of Chipmaking Gear to China

Broadened restrictions will further disrupt China’s push to build up its homegrown capacity for advanced electronics technology

# Economy #

In Depth: China Debates Who Should Pay for Public Health Crises

Covid-19 has underscored the need to improve how such emergencies are funded, experts say


# Opinion #

Wang Tao: Politburo Meeting Signals Relaxed Stance on GDP Target

The much-awaited July meeting called for the best result possible, a sign that the government is de-emphasizing the ambitious growth goal set in March

# China #

Analysis: Systemic Issues in China’s Fledgling Carbon Market Put Brakes on Expansion

Low profits and onerous reporting standards put stakeholders under pressure to ‘cook the books’

Caixin Explains: How China’s Communist Party Elects Delegates to Its National Congress

The delegates will officially elect around 200 members of the party’s top decision-making body, the Central Committee, which will in turn formally name the seven-member Politburo Standing Committee — China’s top leaders

# Weekend Long Read #

As China Reforms Its Financial System, Pragmatism Should Prevail

To fit the changing economy, the sector must do more to boost innovation and properly implement regulation, writes Huang Yiping

# Gallery #

Gallery: Restoring the Fengxian Temple


# Podcast #

Caixin China Biz Roundup: China’s Mortgage Strikes

What had gotten so many homebuyers fed up

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