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TOP STORIES

: Crisis Pushes Chinese Shippers to Red Sea Alternatives, Hired Guns
EV and solar products are particularly susceptible to the disruption, as freight expenses make up ‘a large portion of these products’ cost structures,’ analyst says

: China’s Macro Leverage Ratio Rises to 294.8% Despite Slower Borrowing
China’s overall borrowing has been slowing down with total liabilities expanding only 8.8%, the lowest quarterly grown since 2001

Cover Story: China’s Balancing Act to Keep Its Social Security System Afloat

The government must boost contributions, while addressing calls to reduce the financial burden amid a wobbly economy, the slowest wages growth in 40 years and an aging population

: China’s SPBs Issuance Slows in First Quarter From Pandemic-fueled Spending Spree
Some put the slow pace of SBS issuance down to the unusual 1 trillion yuan sovereign fund bonds issued at the end of 2023 for infrastructure projects

Li Auto Joins Price War with Major Discounts Following Tesla and BYD Cuts

Fierce competition will lead to survival of the fittest which will cultivate internationally competitive Chinese carmakers, says expert

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Caixin Biz Roundup: China Accuses EU of ‘Protectionist’ New-Energy Probes

Apr 17, 2024 04:51 PM

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LATEST NEWS

: CX Daily: China’s Balancing Act to Keep Its Social Security System Afloat
The U.S. Secretary of State will make his second China trip in less than a year. Chinese shippers traveling through the Red Sea are ramping up security measures or seeking alternative routes. Plus, more about the flooding in Guangdong
Apr 23, 2024 08:06 AM

: Shanghai Supermarket Chain Goes Bust As Business Slows
China’s slowing economy is forcing many consumers to cut back while others are turning to e-commerce
Apr 23, 2024 04:51 AM

: Nonbank Payment Providers Get Five Years to Comply With New Rules
Guidelines clarify issues of concern in the industry and detail measures for complying with the new rules
Apr 23, 2024 04:43 AM

: Aramco Seeks Hengli Petrochemical Stake in Push Into China
Saudi oil group sees demand for petrochemicals used in plastics continuing to rise despite the clean energy transition
Apr 23, 2024 04:26 AM

: Tesla’s Latest Price Cuts Risk Wiping Out China Earnings
Disappointing sales are adding to a swelling inventory while Tesla’s stock has fallen 41% this year
Apr 23, 2024 04:21 AM

: Musk Hints Full Self-Driving Teslas Are Right Around the Corner in China
CEO says arrival of the software ‘may be possible very soon,’ without offering a timetable
Apr 22, 2024 08:19 PM

: Authorities Warn Deadly South China Floods May Get Worse
Dire prediction comes as floods have already killed at least four people, forced tens of thousands from their homes
Apr 22, 2024 08:28 PM

: Gallery: First Chinese F1 Driver Competes in Chinese Grand Prix
Zhou Guanyu made history as the first Chinese driver to compete in the Formula One event, coming in 14th place. Dutch Red Bull driver Max Verstappen came first, followed by McLaren driver Lando Norris of Britain, and Sergio Perez of Mexico. The 20th Chinese Grand Prix was the first in five years. It came to an end Sunday evening
Apr 22, 2024 08:16 PM

: Commentary: Why Has Gold’s Inverse Relationship With the Dollar Reversed?
Trump’s growing popularity among voters is fueling the change, as his return to the White House is likely to be followed by a loosening of fiscal policy
Apr 22, 2024 08:10 PM

: U.S. Secretary of State to Make Second China Trip in Less Than a Year
Antony Blinken is set to arrive for a three-day visit Wednesday at the invitation of the Chinese foreign minister, Wang Yi
Apr 22, 2024 06:07 PM

: Hong Kong Bankers Face More Job Cuts on China Slowdown, Analyst Says
The persistent slowdown in China deals and trimming of highly compensated staff bodes poorly for the city’s top paid financiers, Bloomberg Intelligence’s Francis Chan says
Apr 22, 2024 04:48 PM

: Shanghai Composite Index Fell 0.67% on Monday
Shenzhen Component Index closed down 0.43%
Apr 22, 2024 03:03 PM

: Opinion: China’s Capital Market Rules Gets Sharper Teeth
The latest set of ‘National Nine Articles’ offers a roadmap for achieving high-quality economic development through better regulation
Apr 22, 2024 02:53 PM

: Beijing Vice Mayor Investigated for Corruption
Gao Peng has been in his post for just over a year and is responsible for urban management,transportation, agriculture and rural affairs
Apr 22, 2024 02:42 PM

: China’s Rapid Solar Growth Slows as Grid Struggles to Keep Pace
The country added a record 217 gigawatts of photovoltaic panels last year, more than the U.S. has ever built, and a further 45.7 GW in the first quarter
Apr 22, 2024 02:27 PM

: Chinese Banks Hold Lending Rates With Yuan Under Pressure
The one-year loan prime rate remained at 3.45%, in line with most forecasts, and the five-year rate at 3.95% as expected
Apr 22, 2024 02:17 PM

: Chile Slaps Tariffs on Chinese Steel to Bolster Local Mills
An uptick of cheap imports due to a slowdown in China’s economy is pressuring producers around Latin America
Apr 22, 2024 01:28 PM