Caixin Global - Latest Business and Financial News on China, U.S. Trade War and Negotiations, Breaking News, Headlines and Developments

TOP STORIES

: In Depth: Why Biden’s Tariffs Increases Won’t Cause China Much More Pain
Similar hikes in the past have already reduced Chinese exports to levels low enough that the new ones won’t have much additional impact

: EU’s Proposed Carbon Footprint Methodology Has Chinese EV-Battery Makers on Edge
China’s battery-makers are on the back foot compared with global rivals due to the country’s heavy reliance on fossil fuel, industry insider says

In Depth: China’s Lagging Vaccination Program Gets a Window of Opportunity

The declining birthrate will make it easier to finally expand the number of vaccines on offer, experts say, but funding reforms are still needed to make the scheme sustainable

: Korean Tensions Flare as Pyongyang Floats Trash-Laden Balloons, Launches Missiles
The Kim regime floated hundreds of balloons filled with ‘filth and garbage’ south across the border after leaders from China, Korea and Japan met in Seoul

Suning to Get $66 Million Lifeline From Citic

The struggling retailer plans to use the proceeds from the loan to develop its retail cloud business

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Caixin Biz Roundup: China Faces Shipping Container Shortage, Beijing Woos Foreign Cruises

May 29, 2024 11:17 AM

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LATEST NEWS

: Gallery: Thought Leaders Gather for Caixin Summer Summit
Policymakers, business leaders and tech players got together in Hong Kong for the Caixin Summer Summit 2024. The speakers addressed issues such as economic development and rebuilding market confidence under the theme: New Missions, New Responsibilities
May 31, 2024 07:48 PM

: Commentary: Shanghai’s Relaxing Housing Restrictions Show Policymakers’ Determination
Changes include lowering mortgage rates and easing purchasing limits, such as expanding the areas where unmarried non-locals are allowed to buy preowned homes
May 31, 2024 07:31 PM

: Can Donald Trump Still Run for President? The Hush-Money Verdict Explained
First conviction of a former president raises a series of novel issues
May 31, 2024 04:14 PM

: Caixin Top Stories of the Month: China Set to Ease Controls on Genetic Resources to Plug Biotech Innovation Gap
The National Health Commission is spearheading the reform, Caixin has learned, in response to complaints that overly tough restrictions are choking innovation, particularly in the biotech and pharmaceutical sectors
May 31, 2024 03:30 PM

: Shanghai Composite Index Fell 0.16% on Friday
Shenzhen Component Index closed down 0.22%
May 31, 2024 03:03 PM

: Gaza, South China Sea Tensions Likely Key Topics at Shangri-La Dialogue in Singapore
World leaders, defense ministers, senior officials and more will gather at the 21st annual gathering, with headline speakers including Philippine President Ferdinand Marcos Jr and U.S. Defense Secretary Lloyd Austin
May 31, 2024 02:06 PM

: Daily Tech Roundup: Tencent Joins Chatbot Race, Tesla Protester Fined for Car Show Stunt
JD Health pulls ‘family doctor’ services and overhauls corporate structure after a sharp fall in first quarter profit, China eases rules that could slow world-beating solar boom
May 31, 2024 01:45 PM

: Largest ETF Outflows in Over a Year a Warning for China’s Stock Rally
Equity ETFs in Shanghai and Shenzhen saw a combined $4.2 billion withdrawn in the month through Monday, after a tepid earnings season and questions over the efficacy of the rescue measures
May 31, 2024 01:15 PM

: Weekly Must-Read: China Tests Whether State Purchases Can Lift Housing Market
Government offers $41.6 billion in financing to help cities buy unsold homes
May 31, 2024 10:58 AM

: CX Daily: The Extreme Graft Cases Dealt a Death Sentence Without Reprieve
China investigates two more former financial regulators for corruption. SenseTime releases a Cantonese version of its AI chatbot. Plus, more about China’s property market
May 31, 2024 10:02 AM

: Tencent Joins the Chatbot Race with Launch of ‘Yuanbao’
Yuanbao allows users to perform tasks such as AI searches, document summarization and the creation of personalized AI entities
May 31, 2024 04:45 AM

: Nine Out of Ten Cars Sold in China Will Be NEVs by 2035, Report Says
Global sales expected to pass 70 million by 2035, although concerns raised over slowing momentum
May 31, 2024 04:35 AM

: China Merchants to Consolidate Cargo Operations Amid Shipping Boom
State-owned conglomerate shakes up subsidiaries to cash in on rising freight rates
May 31, 2024 04:29 AM

: India Swelters Under Extreme Heatwave as Climate Change Concerns Grow
Temperature of 52.9C registered at Delhi automatic weather station as electricity demand hits all-time high
May 31, 2024 04:20 AM

: HSBC Courts Middle East’s Superrich after Hiring Credit Suisse Experts
British lender signs up 100 bankers as it seeks new business from Gulf’s billionaires
May 31, 2024 04:15 AM

: JD Health’s Family Doctor Service Absorbed by Core Units as Profits Take Turn for the Worse
‘Family doctor’ patients can still get a medical consultation through JD Health’s online healthcare platform, company says
May 31, 2024 03:01 AM