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

: In Depth: Why Chinese PE and VC Firms Are Chasing Middle East Money
Firms are turning to the region’s sovereign wealth funds as it becomes increasingly difficult to raise capital from their traditional backers in China and the West

: Shanghai Insurance Exchange Appoints New Chief as Ex-Chair Falls to Probe
The bourse taps regulatory veteran Wang Zhe to fill vacancy left by Ren Chunsheng, sources say

Union-spurred probe into Chinese shipyards threatens retaliatory port fees

: Huawei-Backed EV Brand Refutes Claims a Malfunction Caused Fatal Crash
Aito offers a point-by-point rebuttal against accusations of problems with the braking system, battery, air bags and door locks of the M7 Plus involved in the incident, which left three dead

Analysis: Chinese Tourists Reluctant to Spend Big Over Labor Day Break

Weak consumer confidence showed as travelers headed for cheaper destinations and spent less per capita

May 03, 2024 06:38 PM

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: Former Banking Executive Appointed Party Chief of Fujian’s Capital
Guo Ninging, a veteran banker and current executive vice governor of the province, has been named Communist Party chief of Fuzhou
May 07, 2024 08:05 PM

: Gallery: Xi Starts European Tour in France
After arriving in Paris on Sunday, President Xi Jinping met with French leader Emmanuel Macron at the Elysee Palace the following day and spoke at the closing ceremony of the sixth meeting of the China-France Business Council. Xi also had a meeting with Macron and European Commission President Ursula von der Leyen, discussing topics from trade tensions and green transition cooperation to the crises in Ukraine and Gaza. The Chinese leader is also set to visit Hungary and Serbia on his six-day tour — his first visit to the continent in five years
May 07, 2024 07:56 PM

: SAIC Motor Rebuts Claim It Held Back Info From EU Investigators
The Chinese automaker said it fully cooperated and provided all necessary information in accordance with WTO and EU rules
May 07, 2024 06:03 PM

: Commentary: Five Ways to Navigate the AI Revolution
Taking advantage of this once-in-a-generation megatrend goes beyond stock picking
May 07, 2024 03:14 PM

: Shanghai Composite Index Rose 0.22% on Tuesday
Shenzhen Component Index closed down 0.08%
May 07, 2024 03:03 PM

: Apple Is Developing AI Chips for Data Centers, Seeking Edge in Arms Race
The company is leaning on its long history of chip development in the effort, code-named Project ACDC
May 07, 2024 02:17 PM

: Congo’s $7 Billion Deal With China Linked to Copper Price Under New Contract
Nation will get $324 million annually for infrastructure projects from its Chinese partners through 2040 as long as copper remains above $8,000 per ton
May 07, 2024 01:52 PM

: Suez Signs Energy-From-Waste, Recycling Deals With Chinese Firms
The plant will be able to handle 2,000 tons of municipal sludge per day to produce heat and power, French company says
May 07, 2024 01:47 PM

: China Builder Vanke Tells Investors It’s Readied Money to Pay Bond
State-backed developer has prepared cash to repay a $201 million note due May 25
May 07, 2024 01:46 PM

: Update: China to Further Open Up Telecom, Medical Sectors to Foreign Investors, Xi Says
During a state visit to France, the Chinese president called on Europe to work toward making each other ‘key partners’ for business cooperation, ‘priority partners’ in science and technology, and ‘trustworthy partners’ in industrial and supply chains
May 07, 2024 01:36 PM

: Infineon to Supply Advanced Power Chips for Xiaomi EVs
Top German chipmaker keen to tap Chinese demand for specialty semiconductors
May 07, 2024 01:30 PM

: Daily Tech Roundup: Chinese Wind-Turbine Makers’ Global Dominance, France Ramps Up EV Ambitions
IPhone-maker Foxconn’s April sales rise 19% in positive signal, China tightens IPO requirements for STAR Market hopefuls
May 07, 2024 01:16 PM

: CX Daily: U.S. Widens China Trade Fight to Shipbuilding Which It Lost Decades Ago
President Xi Jinping pays a state visit to France. China’s top trade fair draws record buyers, but not record orders
May 07, 2024 07:36 AM

: Citadel Securities Faces Rival Bid for Credit Suisse’s China Venture
BSAM steps into the bidding for Credit Suisse Securities with a potentially more attractive proposal
May 07, 2024 05:37 AM

: Chinese Airlines Profitability Improves as Travel Takes Off
China Southern Airlines is back in profit as Chinese travelers make 180 million trips in first quarter
May 07, 2024 05:23 AM

: France Ramps Up EV Ambitions as China’s Xi Arrives in Paris
France wants to see a fourfold increase in the number of EV sales, lifting it to 800,000 by 2027, and would welcome a BYD Co. plant there
May 07, 2024 05:18 AM

: Shenzhen Eases Home Buying to Revive Sales in China Tech Hub
Technology hub eases tax requirements for home buyers and lets families with more children to buy extra home
May 07, 2024 05:13 AM