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

TOP STORIES

: In Depth: China Tech Giants Battle to Build the Ultimate AI Concierge
Tencent, Alibaba and major smartphone-makers are transforming their software into autonomous digital assistants in a race to control how users interact with technology

: Tokopedia Downsizing Sparks Indonesian Government Concerns Over Mass Layoffs
About 200 workers at the TikTok-owned e-commerce platform left the company after accepting severence packages as part of a corporate restructuring

In Depth: In Custody Battles, Parental Child Abductions Test China’s Justice System

With divorce on the rise, parents are using new legal tools to reclaim children snatched by estranged spouses — but enforcement remains the weakest link

: China Pushes for More Clean Energy With New Carbon Plan
Beijing targets deeper emissions cuts by 2030, expanding renewable power, storage and electric vehicles as it navigates challenges in its green transition

Chinese Driverless Mining Truck Specialist Surges on Hong Kong Debut

Eacon’s stock closes up about 10% on the first day of trading, pushing the company’s market capitalization above HK$14 billion

Autonomous Mining Specialist Eacon Group Files for Hong Kong IPO

INSIGHT

In Depth: Chinese Brands Tear Up Playbook for World Cup Sponsorship

Cover Story: The AI Token Takeover in China

Analysis: China’s Accelerated IPO Clearances Highlight Focus on Tech

Caixin Explains: How China Plans to Pay for Its Urban Renewal Push

A-Share Database >>

China Business Uncovered Podcast: How China’s Tech Elite Got Burned by a Failing Luxury-Car Dealer

Jul 03, 2026 05:19 PM

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LATEST NEWS

: The Week Ahead (July 13-19): Fed Chair Warsh to Testify Before Congress
ByteDance and Alibaba to take their personalized AI agent features offline; Shanghai to host the 2026 World Artificial Intelligence Conference
Jul 10, 2026 11:10 PM

: Meituan Cuts Jobs After Costly Instant-Retail Price War
The Chinese food-delivery giant says fewer than 2,000 employees have left, while workers describe the reductions as its largest personnel adjustment in years
Jul 10, 2026 10:52 PM

: Xiaomi Cuts Jobs Across Divisions as Earnings Come Under Pressure
The Chinese tech company denies large-scale layoffs, calling the moves normal team adjustments
Jul 10, 2026 10:13 PM

: Chinese AI Developer MiniMax Raises HK$16 Billion From Equity, Convertible Bond Sale
The company plans to use the proceeds to expand its AI infrastructure and accelerate the global rollout of its agent products
Jul 10, 2026 07:38 PM

: In Depth: New Gulf Oil Shipping Model Emerges as Supertankers Shun Strait of Hormuz
With many Chinese and international supertankers unwilling to risk the volatile passage, a new offshore ship-to-ship transfer model is emerging in the Gulf of Oman to move crude from Persian Gulf producers to global buyers
Jul 10, 2026 07:11 PM

: Business Brief (July 10): Chinese AI Stocks Surge After Goldman Sachs Report
China issues guidelines to boost retail innovation, MiniMax shares plummet as lockup period expires
Jul 10, 2026 06:53 PM

: Former Transport Ministry Anti-Graft Chief Investigated in New Corruption Probe
Li Jianbo, who once led disciplinary efforts at the ministry and warned colleagues against graft, faces severe violation charges years after his own demotion and retirement
Jul 10, 2026 04:53 PM

: China’s Gig Worker Healthcare Enrollment Slows Under Weight of High Premiums
Despite a national health coverage rate above 95%, an estimated 60% of the country’s flexible workforce remains outside the comprehensive employee insurance scheme as prohibitive contribution costs force many to opt out or downgrade
Jul 10, 2026 10:53 AM

: Weekly Must-Read: The AI Token Takeover in China
Explosive demand for the foundational unit of AI processing has forced tech giants and startups into a battle over pricing, computing power and the lucrative business market
Jul 10, 2026 10:00 AM

: CX Daily: In Custody Battles, Parental Child Abductions Test China’s Justice System
With divorce on the rise, parents are using new legal tools to reclaim children snatched by estranged spouses
Jul 10, 2026 09:00 AM

: China Floods Leave 39 Dead and Spark Warnings Over Escaped Animals
Floodwaters in Guangxi breached reservoirs, submerged roads and swept through a zoo, while officials cautioned residents about venomous snakes displaced from breeding facilities
Jul 10, 2026 04:47 AM

: Fire at Shoe Factory in Southeastern China Kills 28
The fatal fire in Fujian province prompted Xi Jinping to urge swift rescue efforts and a thorough investigation into the disaster
Jul 10, 2026 04:16 AM

: Banks Move Fast as Hong Kong Expands Yuan and Gold Market Links
New policy measures and a trial gold clearing system are drawing early trades from HSBC, Standard Chartered, ChinaAMC and other institutions
Jul 10, 2026 03:34 AM

: Dajia Insurance Unit Seeks Buyers for Shenzhen Commercial Properties
The insurer plans to retain the main tower of its Wealth Financial Center while selling two adjacent commercial assets as it manages its real estate portfolio
Jul 10, 2026 03:02 AM

: China’s Monthly Auto Exports Top 1 Million Vehicles for First Time
Shipments surged in June as automakers rushed cars to Brazil ahead of a tariff increase and leaned harder on overseas markets to offset weakness at home
Jul 10, 2026 02:36 AM

: AI Chipmaker Enflame Wins Approval for $883 Million STAR Market IPO
The AI chip startup’s listing comes as Chinese semiconductor firms race to commercialize domestic alternatives to restricted foreign processors
Jul 10, 2026 12:41 AM