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TOP STORIES

: Cover Story: Will China’s Latest Policy Call-to-Arms Turn the Ailing Property Market Around?
The government hopes to end the slump by studying policies to reduce the record vacant housing overhang, earning cheers from foreign investors and buoying share markets

: Exclusive: Two ChemChina Ex-Leaders During Syngenta Deal Hit With Corruption Probe
Former Chairman Ren Jianxin and ex-President Yang Xingqiang were involved in the controversial acquisition of the Swiss agrochemical giant in 2017

Former Chinese Banker Likely Probed for ‘Revolving Door’ Corruption, Sources Say

Tong Wentao, a former executive at China Construction Bank, is likely being investigated for exploiting his influence at the lender after joining a private developer

: Chart of the Day: 15 Chinese Provincial Capitals Scrap Homebuying Curbs
As the real estate crisis shows little sign of ending, over a dozen provincial capitals have made U-turns on the curbs since last summer

Chinese Shipping Costs Spike on Red Sea Crisis, Robust Demand

The Shanghai Containerized Freight Index, which tracks changes in spot rates from the port city to destinations such as Europe, gained some 19% in the past two weeks

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Caixin Biz Roundup: Why Chinese PE and VC Firms Are Chasing Middle East Money

May 10, 2024 02:52 PM

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LATEST NEWS

: Gallery: Dazzling Auroras Color Night Skies
From Friday evening to early Sunday morning, rare auroras were spotted around the world far from the poles, triggered by solar flares from an extreme geomagnetic storm. In China, the aurora borealis, commonly known as the northern lights, was spotted in Xinjiang, Inner Mongolia, Hebei and even Beijing. In response to the solar activity, China’s National Space Weather Monitoring and Warning Center issued a red alert at 9 a.m. Saturday for geomagnetic storms
May 13, 2024 07:24 PM

: Opinion: Enlightening Lessons From the Rise of China’s NEVs
Allowing the market to play a ‘decisive role in resource allocation and improving the role of government’ is the ultimate secret to the industry’s success
May 13, 2024 07:11 PM

: Curtailing Real-Time Stock Connect Data Will Make Market More Stable, Insiders Say
The move aims to bring the rules more in line with the practices of Chinese mainland bourses and curb speculation, experts say
May 13, 2024 07:03 PM

: SAIC to Share Hybrid Car Tech With Volkswagen, GM
he foreign carmakers are the state-owned enterprise’s joint venture partners
May 13, 2024 06:30 PM

: Deadly Bus Collision May Have Been Caused by Traffic Light Malfunction, Truck Driving in Restricted Area
A bus carrying 45 people, most of whom were on an elementary school class trip, collided with a truck at an intersection in Nantong, Jiangsu province
May 13, 2024 06:04 PM

: China Averts Moral Hazard, for Now, After Country Garden Pays
The distressed developer paid interest totaling $9.1 million on a 3.95% note and a 3.8% bond, filings show
May 13, 2024 06:00 PM

: China Credit Shrinks for First Time Since at Least 2017
Aggregate financing fell by almost $27.7 billion in April from the previous month
May 13, 2024 03:22 PM

: Shanghai Composite Index Fell 0.21% on Monday
Shenzhen Component Index closed down 0.6%
May 13, 2024 03:03 PM

: China Stocks Up on Cheap Gas, Coal Ahead of Another Unusually Hot Summer
Ensuring power supplies has been a priority for policymakers since a series of embarrassing shortages in 2021 and 2022 forced widespread factory shutdowns
May 13, 2024 02:43 PM

: Daily Tech Roundup: Getting China’s Low-Altitude Economy Off the Ground, U.S. Blacklists More Chinese Firms
Executive who bragged about pitiless management style leaves Baidu, Hungary deepens ties with Huawei during Xi visit
May 13, 2024 02:12 PM

: Accounting Firms in China Required to Store Audit Data on Mainland Under New Rules
Accounting firms in China will have to obtain approval first if they want to export audit working papers, new measures released Friday say
May 11, 2024 06:00 PM

: China Imposes Rules on Elderly Care Facilities to Prevent Fraud and Mismanagement
Down payments limited to 12 times the monthly fee as regulations tightened on care homes for elderly
May 11, 2024 07:05 PM

: Ping An Sells $50 Million of HSBC Shares After Vote Against CEO
The insurer sold about 0.4% of the shares it holds in HSBC days after it voted against the reappointment of departing Chief Executive Officer Noel Quinn as a director
May 11, 2024 06:47 PM

: China Consumer Inflation Rises, Factory Price Drop Continues
The numbers suggest that deflationary pressure remains a threat to China’s economy, despite green shoots in the manufacturing sector and robust exports
May 11, 2024 06:39 PM

: Tech Giants Start to Treat Southeast Asia Like Next Big Thing
The CEOs of Apple, Microsoft and Nvidia are among the industry chieftains who’ve swung through the region in past months, committing billions of dollars in investment
May 11, 2024 06:31 PM

: U.S. Adds More Chinese Firms to Blacklist Over Balloon Incident, Quantum Tech
Eight companies were added to the ‘Entity List’ due to their alleged support of a Chinese high altitude balloon that flew over the U.S. in February 2023
May 11, 2024 06:12 PM

: Weekend Long Read: Centennial Sojourn of Scholar Chi Pang-yuan
Known best for ‘The Great Flowing River,’ about her life from Northeast China to Taiwan, the writer’s work is celebrated on both sides of the Strait
May 11, 2024 10:00 AM