June 14, 2018
Caixin Newsletter
ECONOMY
China's Economy Shows Signs of Cooling
Across-the-board slowdown in May data may have prompted central bank to skip expected rate hike
BUSINESS & TECH
Shared Bike Specialist Ofo in 100-Day Uphill Race to Break Even
Company aims to put brakes on cash-burning ways as investor patience wears thin
BUSINESS & TECH
Quick Take: ZTE Stock Stop Falling in Hong Kong
Telecom-equipment maker's shares up 1.1% day after plummeting 42% when trading resumed Wednesday
OPINION
Opinion Leaders: Burden Lies With China, EU to Fight Rising Tide of Protectionism
Citizens’ support for open global economy requires fair, clear rules in trade and investment that apply to all
FINANCE
Deleveraging Must Take Into Account Market's Ability to Absorb Measures: Top Regulator
Banking, insurance chief Guo Shuqing comments come amid slowing growth, rising defaults
OPINION
Opinion: A ‘Bank for East Asian Settlements’ Is a Win-Win Proposal for All
Economists say region’s economies should use their own respective currencies for international trade transactions among themselves
FINANCE
Public Data Doesn’t Capture Extent of Chinese-Israeli Deals, Businessman Says
Fund manager Amir Gal-Or says buzz about China among Israeli investors often exceeds results
SOCIETY & CULTURE
Didi Bans Drivers From Opposite Sex Passengers After Killing
Ride-hailing service sets rule for car-pooling drivers at night, early morning
BUSINESS & TECH
TAL Education Gets Lesson From Short Seller
Shares of New York-listed firm fall as much as 14% after Muddy Waters accuses it of fraud
BUSINESS & TECH
Electric Car Startup Makes Splash with German Painting Tie-Up
Automated facility will paint 150,000 Byton cars a year by the end of October 2019
BUSINESS & TECH
Supreme Says Chinese Menswear Firm Faked Collaboration
OXN held bogus signing ceremony to pretend it partnered with famous U.S. brand
ECONOMY
China to Take From the Pension Rich, Give to the Pension Poor
New national pool will allow central government to redistribute retirement funds to regions with shortfalls
YOUR BRIEFING
Thursday Tech Briefing: ZTE, Cainiao, Didi
ZTE seeks credit lines, Cainiao signs Dubai logistics deal, Didi resumes night carpooling under new rules
ENVIRONMENT
Buyers of Endangered Animal Products See Purchases as ‘Socially Acceptable’
Study finds that Chinese consumers of wildlife products have skewed perception of wider community’s attitude
BUSINESS & TECH
Future on Ice for Famous Fridge-Maker
Xinfei, whose name was once synonymous with refrigerators, puts self on auction block
ECONOMY
Quick Take: Former Insurance Watchdog Head Pleads Guilty at Graft Trial
Xiang Junbo expresses remorse for abusing positions at agency, Agricultural Bank of China
WORLD
Q&A: Offering to Pay Kim Jong Un’s Way to Singapore
Head of Nobel Prize-winning NGO says Kim-Trump summit might be start of denuclearization on Korean Peninsula
FINANCE
Property Developers Feel Bond Market Chill
Tightening scrutiny of corporate bond issuance adds pressure on real estate developers
BUSINESS & TECH
Quick Take: Cainiao Flies With Emirates for Logistics Hub in Dubai
Dubai is one of five global hubs in Alibaba-backed Cainiao’s map for global delivery network
BUSINESS & TECH
Should Xiaomi Be More Than Twice as Expensive as Apple?
Investment banks put smartphone maker’s value around 34 times earnings ahead of IPO, compared with Apple’s 14.5, but not everyone is convinced
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