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

TOP STORIES

: Analysis: China’s EV Whiz Kids Are Flipping the Script on Joint Ventures
Increasingly, foreign giants are looking to take advantage of Chinese upstarts’ technological know-how

: Politburo Flags Need for ‘Flexible’ Monetary Policy, Risk Resolution
China’s top decision-making body stresses importance of curtailing risks related to the real estate sector, local government debt, and small and midsize financial institutions

Update: Four Things to Know About Tesla’s Advanced Self-Driving Tech in China

Elon Musk’s surprise trip to China has led to speculation that the visit will lay the groundwork for the launch of the automaker’s Full Self-Driving system in the country

: Two of China’s ‘Big Four’ Banks Pick New Presidents, Sources Say
Positions at ICBC and CCB became vacant earlier this year when their incumbents were promoted to chair the lenders

Foreign Carmakers Give China’s EV Industry Its Due at Beijing Auto Show, Researcher Says

Exhibitors from abroad have been talking up Chinese technology at this year’s event, where in the past they usually just promoted their own vehicles, according to Paul Gong of UBS

A-Share Database >>

Caixin Biz Roundup: China on Track to Become World’s Largest Luxury Market

Apr 26, 2024 07:26 PM

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LATEST NEWS

: Analysis: Building Civil Society Connections Key to Defusing Sino-U.S. Tensions
The two sides could build ties by ‘doing nothing’ and letting trust build organically, expert says
Apr 30, 2024 08:51 PM

: ‘Green Hydrogen’ Machine China’s Next Hot Export
Electrolyzers may become the country’s fourth-largest new energy export, Tsinghua University professor says
Apr 30, 2024 08:18 PM

: Chinese Shipbuilding Giant Seals $6 Billion Deal to Build LNG Carriers for Qatar
A boom in demand for the fuel driven by the Ukraine war is offering Chinese companies a chance to seize market share from South Korean rivals
Apr 30, 2024 07:42 PM

: HSBC CEO Noel Quinn Unexpectedly Steps Down
The bank’s board has begun a formal process to find a successor, and will consider both internal and external candidates, according to a statement
Apr 30, 2024 05:25 PM

: Xi Set to Make European Tour Next Week
President will make state visits to France, Serbia and Hungary, foreign ministry says
Apr 30, 2024 04:16 PM

: Japan’s Factory Output Records Weakest Quarter Since Pandemic
Industrial production rose 3.8% in March from February, as demand picked up after two straight months of declines, beating the consensus forecast
Apr 30, 2024 03:59 PM

: Shanghai Composite Index Fell 0.26% on Tuesday
Shenzhen Component Index closed down 0.9%
Apr 30, 2024 03:03 PM

: Hong Kong Vies With U.S. in Bitcoin ETF Market After Crypto’s Revival
The level of demand for the funds will provide clues on whether the city’s push to become a tightly regulated digital-asset hub is gaining traction
Apr 30, 2024 02:47 PM

: China Cuts Air Pollution After Reimposing Winter Controls
Levels of small airborne particulates fell by 1.6% from October to March, new report shows
Apr 30, 2024 02:15 PM

: Daily Tech Roundup: Tesla’s Advanced Self-Driving Tech in China, AI Startups Lead Unicorn Herd
Flying car startup completes $13 million funding round, Chinese ministry says Japan’s semiconductor export controls disrupt global supply chain
Apr 30, 2024 02:06 PM

: Caixin Top Stories of the Month: China’s Mammoth Effort to Help Foreigners Spend, Spend, Spend
While scanning QR codes is the ubiquitous payment method in China, it’s not available to most foreign visitors, making it a major hassle to even buy a coffee
Apr 30, 2024 11:00 AM

: CX Daily: How Do the West’s Concerns About China’s Overcapacity Stack Up?
Overseas investment through China’s Stock Connect nearly doubles 2023’s total. The country offers subsidies for new EV and low-emission gasoline vehicle trade-ins
Apr 30, 2024 10:36 AM

: China Manufacturing Expands at Fastest Pace in 14 Months, Caixin PMI Shows
New export orders grow at the quickest clip since November 2020, showing the sector’s continued momentum after upbeat first-quarter GDP growth
Apr 30, 2024 09:45 AM

: Flying Car Startup Volant Completes $13 Million Funding Round
The funds will be used for flight testing and to accelerate the airworthiness certification process, the company said
Apr 30, 2024 05:16 AM

: ByteDance Fired 61 Employees Amid Internal Graft Crackdown
Three staff members have been arrested and another is under criminal investigation
Apr 30, 2024 05:05 AM

: Japan’s Semiconductor Export Controls Disrupt Global Supply Chain, Ministry Says
Japan’s extended restrictions on chipmaking tool exports labeled ‘erroneous practices’ by China ministry
Apr 30, 2024 04:53 AM

: Builder CIFI Proposes Debt Terms With as Much as 85% Haircut
Developer’s proposal is to reduce debt to $4 billion while asking bondholders to swap existing debt for new notes
Apr 30, 2024 04:44 AM