In Depth: Chinese Education Firms Learn Tough Lessons Overseas
As they expand, tutoring firms are finding it hard to localize offerings across markets and retain staff abroad
China’s Youth Struggle to Find Work Despite Drop in Jobless Rate
Beijing earmarks $9.3 billion to boost employment as joblessness among educated workers continues to cause concern
Chart of the Day: China’s Nuclear Power Investment Hits New High
Investment in new reactors grew over 40% in 2023 to more than $13 billion, a recent report shows
Alibaba Doubles Down Overseas for New Growth Drive
AIDC, responsible for global businesses, is considered Alibaba’s most promising segment, despite stiff competition from fast-rising upstarts
Hytera Communications Resume Global Sales After U.S. Court Lifts Ban
Chinese walkie-talkie manufacturer says it will work closely with global partners to resume normal business
Daily Tech Roundup: Alibaba Doubles Down Overseas, VW Debuts China EV Software
China still ASML’s top market despite U.S. chip tool restrictions, China’s nuclear power investment hits record high
Apr 18, 2024 03:12 PM
Shanghai Composite Index Rose 0.09% on Thursday
Shenzhen Component Index closed down 0.05%
Apr 18, 2024 03:03 PM
Ashmore Breaks With Consensus With Big Bet on China Over India
U.K.-based asset manager, previously overweight on India, has booked profits as many companies reached valuations that ‘ultimately don’t look sustainable’
Apr 18, 2024 02:13 PM
Rich Chinese Tourists Drive Luxury Demand in Japan on Weak Yen
LVMH, the world’s largest luxury group, saw Chinese demand grow 10% in the first quarter, if those shopping outside the country are included
Apr 18, 2024 01:19 PM
Yuan Keeps Climbing in Global Payment Rankings as Euro Slips, SWIFT Says
The portion of transactions involving the Chinese currency rose to 4.7% in March, while its European counterpart dipped below 22%
Apr 18, 2024 12:42 PM
CX Daily: Chinese Education Firms Learn Tough Lessons Overseas
China’s home prices continue to fall amid sluggish sales. China should do more to drive adoption of carbon capture tech, IEA’s energy technology chief says
Apr 18, 2024 10:57 AM
U.S. Steel ‘Guaranteed’ to Stay U.S. Owned, Biden Tells Steelworkers
President Joe Biden called for higher tariffs on Chinese steel and aluminum as he sought to woo union workers ahead of November’s election
Apr 18, 2024 05:46 AM
U.S. Trade Probe on Chinese Shipbuilding ‘a Mistake,’ Ministry Says
America can’t blame China for its own industrial problems, says Chinese Commerce Ministry statement
Apr 18, 2024 05:26 AM
VW Unveils Electric Vehicle Software Specifically Designed for China
German carmaker looks to the long term to rebuild its China market
Apr 18, 2024 05:03 AM
China Is Still ASML’s Top Market Despite U.S. Chip Tool Restrictions
Beijing steps up chipmaking efforts as U.S. block on exports of key equipment kicks in
Apr 18, 2024 04:59 AM
Exclusive: China Should Do More to Drive Adoption of Carbon Capture Tech, IEA Official Says
The technology can help reduce the emissions of China’s heavy industries such steel and cement, Timur Gül tells Caixin
Apr 17, 2024 07:21 PM
Analysis: A Deep Dive Into China’s Expectations-Beating GDP Growth
The headline number of 5.3% is a sign the economic recovery is accelerating, but persistent low prices ought to be addressed
Apr 17, 2024 08:49 PM
Commentary: Stricter Capital Market Oversight Looms in China
New guidelines from the State Council outline heightened penalties, portending a stricter regulatory regime
Apr 17, 2024 08:05 PM
“Explore Ways of Coexisting,” China’s Defense Chief Tells U.S. Counterpart
Improving military relations is crucial to the implementation of the consensus agreed by the two countries' presidents, Dong Jun tells Lloyd Austin
Apr 17, 2024 07:57 PM
China Calls on Banks, Insurers to Boost Funding for Manufacturing
Top regulators set out how the financial sector can support the government’s strategy to create a manufacturing powerhouse and facilitate the green transition
Apr 17, 2024 07:49 PM
Honda to Launch Six EVs in China Under New Brand
The Japanese auto giant plans to roll out the Ye models by 2027, as it looks to catch its rivals in the world’s biggest electric car market
Apr 17, 2024 06:04 PM
Regulatory Moves Triggered Latest Slump in Chinese Small Caps, Insiders Say
Guidelines that aim to boost oversight of listed companies led investors to flee from the sector, with the Wind Micro Market Cap Index plunging around 10% for two days in a row
Apr 17, 2024 05:56 PM
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