Sep 16, 2022 04:12 PM

Weekly Must-Read: China’s War on Rampant Telecom Scams

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

# Cover Story #

China’s War on Rampant Telecom Scams

A new law gives authorities powerful new weapons to help prevent millions of people from losing billions of dollars to cellphone and internet fraud

# Finance #

In Depth: Ant Group Rebuilds for Regulators, but at What Cost?

The fintech company is a shadow of the titan it once was, with its highly lucrative consumer lending business decoupled from ubiquitous payments service Alipay

Evergrande Hong Kong Headquarters Building Seized by Creditor

Citic Bank exercises lien over unpaid loan of almost $1 billion after the world’s most indebted developer tried to sell it for twice that amount

# Business #

China’s Mortgage Boycott Epicenter Gives Developers an Ultimatum

The city of Zhengzhou says builders have until Oct. 6 to resume construction of stalled projects

Amazon and PayPal Crackdowns Hammer Chinese Vendors

Cross-border e-commerce sellers post losses and revenue declines as platforms tighten compliance policies and as inflation saps demand

Chinese Miner Joins Vale in Building Second Nickel Refining Plant in Indonesia

Huayou Cobalt’s project in the country again makes use of an extraction technique known for causing environmental damage

# Economy #

Analysis: How Will Coal Hub Shanxi Cut Carbon Emissions?

China’s top producer of coal and greenhouse gases faces high carbon neutrality hurdles with a provincial economy based on thermal energy

# Opinion #

Don’t Worry — A Yuan Slide Past 7 per Dollar Is No Cause for Alarm

To stabilize the exchange rate, China’s top priority is to efficiently coordinate pandemic containment and socioeconomic development, and to keep the economy running within an appropriate range

# China #

In Depth: How China Is Trying to Get Debt Dodgers to Pay Up

Beijing is pushing ahead with national legislation designed to crack down on the dishonest tactics that debtors — including government agencies — use to sidestep court orders

China ‘Normalizes’ Covid Tests Nationwide Including in Regions With No Cases

The National Health Commission will expand testing to include areas that are currently Covid-free ahead of two major public holidays and the Communist Party’s national congress in mid-October

# Weekend Long Read #

How China Can Chart a Path Forward in International Trade

Despite the trade war with the U.S., China has stood firm because of its partnership with ASEAN. The country must ensure openness with other countries

# Books & Arts #

Exhibitions in September: Blockbuster Displays at the Palace Museum

Don’t miss out on must-see exhibitions in Beijing, Shanghai, Hong Kong and Singapore, featuring paintings, self-portraits, calligraphy and more

# Gallery #

Gallery: Sichuan Rebuilds After Quake


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.

Share this article
Open WeChat and scan the QR code
Get our CX Daily, weekly Must-Read and China Green Bulletin newsletters delivered free to your inbox, bringing you China's top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
Caixin China Biz Roundup: Rape Allegations at Acting School Spark Uproar