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

TOP STORIES

: Cover Story: U.S. Widens China Trade Fight to Shipbuilding Which It Lost Decades Ago
Union-spurred probe into Chinese shipyards threatens retaliatory port fees

: U.S. Imposes Sanctions on Chinese Companies for Alleged Support of Russian Military
Some 20 Chinese companies are among hundreds from other countries including Turkey and Malaysia to be punished for their alleged involvement in supporting Russia’s war in Ukraine or the country’s defense and energy industries in general

China Tightens IPO Requirements for STAR Market Hopefuls

Regulators have imposed tougher qualifications for R&D investment and marketable patents with the aim of improving the quality of companies listed on the science and technology innovation board

: China’s Services Sector Expands While Employment Shrinks, Caixin PMI Shows
Market upturn fails to boost the job market, as weak expectations remain a major hurdle facing the economy

Fire Engulfs Historical University Building in China’s Henan Province

The near century old auditorium at Henan University’s Minglun campus in Kaifeng appeared to suffer serious damage, with officials forming a joint-agency team to probe the cause of the blaze

A-Share Database >>

Caixin Biz Roundup: Musk’s Surprise Visit to China, ICBC Sets Up Militia Unit

May 03, 2024 06:38 PM

00:00/00:00

LATEST NEWS

: China’s Top Trade Fair Draws Record Buyers, but Not Record Orders
Some 246,000 foreign buyers attend the spring session of the biannual Canton Fair, but the value of their purchases is 35% off the peak set in 2011
May 06, 2024 07:34 PM

: China’s Top Health Body Gets New Party Chief
Lei Haichao is promoted from vice minister, while ministerial role remains empty
May 06, 2024 07:26 PM

: Xi Looks to Cement Friendship and Enhance Trust on France Visit
On his first visit to Europe in five years, president calls for more collaboration in innovation and green development
May 06, 2024 07:25 PM

: Charts of the Day: Chinese Wind-Turbine Makers’ Global Dominance
Chinese companies for the first time made up four of the world’s top five manufacturers in the industry last year, new analysis shows
May 06, 2024 05:43 PM

: Shanghai Composite Index Rose 1.16% on Monday
Shenzhen Component Index closed up 2.0%
May 06, 2024 03:03 PM

: Chinese Shares Rise in Catchup to Global Rally
The CSI 300 Index jumped as much as 1.8% in morning trading Monday, after being closed for a long holiday weekend over the previous five days
May 06, 2024 02:31 PM

: Country Garden Deadlines Pose First Big Test of Bond Guarantees
The payment due is relatively small at $9.1 million, yet the developer is strained, having missed payments on dollar notes last year, and fighting a liquidation petition in Hong Kong
May 06, 2024 02:24 PM

: Opinion: How to Ensure Equipment Upgrades Give China’s Economy a Second Wind
Upgrades are critical, but the government must avoid needless updates, guard against undue haste and prevent known issues like subsidy fraud
May 06, 2024 02:17 PM

: IPhone-Maker Hon Hai’s April Sales Rise 19% in Positive Signal
The company, known also as Foxconn, is putting greater focus on building equipment for AI clusters
May 06, 2024 02:10 PM

: How TikTok Is Wiring Gen Z’s Money Brain
Endless videos about the economy and consumerism are giving 20-somethings a case of ‘money dysmorphia’
May 06, 2024 02:03 PM

: Daily Tech Roundup: China’s Robot-Makers Tap AI-Power, Zeekr Plans $368 Million IPO
Huawei moves CEO of terminal business to chairman role, China launches space probe to collect samples from far side of the Moon
May 06, 2024 12:25 PM

: Geely’s EV Maker Zeekr Seeks Up to $368 Million in U.S. IPO
Firm plans to market 17.5 million American depositary shares for $18 to $21 apiece in what will be the biggest U.S. offering by a China-based firm since 2021
May 04, 2024 06:44 PM

: Weekend Long Read: A TikTok Unearths the Scars of Crimes Against Humanity
American social media creator Pawn Man found himself embroiled in controversy after sharing photos he thought portrayed the Rape of Nanjing
May 04, 2024 09:00 AM

: China Launches Chang’e Space Probe to Collect Samples From Far Side of the Moon
Chang’e-6 will collect rock and soil samples from a vast impact crater on the Moon that is helpful to study the Moon's evolutionary history
May 04, 2024 05:51 AM

: Albemarle Plans More Lithium Auctions in Bid to Demystify Prices
Lithium market has gone from fears of shortages to a glut with prices falling 80% since 2022 and making auctions necessary to clear inventory
May 04, 2024 05:44 AM

: U.S. Politicians Want Investigation Into TikTok’s Use of Kids for Lobbying
TikTok denies intentionally targeting children under 13 and says it only sent notification about the bill to users aged 18 or older
May 04, 2024 05:42 AM

: China’s Outstanding Personal Mortgages Shrink Even Faster
The decline picked up pace to 1.9% in the first quarter as the protracted real estate downturn continued to weigh on demand
May 03, 2024 07:14 PM