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

TOP STORIES

: China’s Trust Firms Pivot From Risky Debt After Crackdown
With standardized assets accounting for more than half of fund trusts by value, companies face pressure on profits as they struggle to compete

: China’s Yingke Law Firm Scandal Draws Scrutiny as Fundraising Details Emerge
Authorities examine fundraising practices as questions grow over legal risks and firm governance

In Depth: China Tackles Risks in Legacy PPP Projects

Beijing’s Guideline 84 spurs restructuring, debt relief and fresh negotiations across the country’s over 10 trillion yuan PPP sector

: In Profile: Suning Founder’s Retail Empire Unravels After Years of Reckless Investments
The company’s debt restructuring underscores the collapse of Zhang Jindong’s once-sprawling business after his failed attempts at diversification and a prolonged liquidity crunch

Interview: U.S. Ground Troop Deployment in Iran Becomes More Likely as War Drags On

Veteran Middle East peace negotiator Daniel Levy outlines potential U.S. missions to seize Iranian oil and nuclear assets, even as diplomatic backchannels seek a mutual declaration of victory

A-Share Database >>

China Business Uncovered Podcast: Inside the Fall of ‘China’s LVMH’

Mar 19, 2026 06:38 PM

00:00/00:00

LATEST NEWS

: Tencent Folds AI Lab Into Hunyuan Team in Major AI Overhaul
Restructuring centralizes research under chief AI scientist as firm races to catch rivals in China’s AI market
Mar 21, 2026 01:15 AM

: Xiaomi Unveils Trio of Large AI Models in $8.7 Billion Bet
New MiMo series signals shift beyond hardware as company targets top tier in global AI race
Mar 21, 2026 12:50 AM

: Unitree Robotics Files for $608 Million STAR Market IPO
Humanoid robots overtake quadrupeds as revenue driver, powering profitability turnaround
Mar 21, 2026 12:33 AM

: China Carmakers Accelerate Overseas Push as Domestic Growth Slows
Chery, BYD and Geely expand exports and local production, but rising tariffs and policy shifts complicate global ambitions
Mar 21, 2026 12:06 AM

: China Auto Dealers Sink Deeper Into Losses Amid Brutal Price War
More than half of dealerships lost money in 2025 as discounting intensified and regulators curbed finance commissions
Mar 20, 2026 11:34 PM

: China Raises Overseas Lending Cap to Support Firms’ Global Expansion
Higher lending caps and unified regulations give companies more flexibility to fund offshore growth
Mar 20, 2026 11:17 PM

: ICBC Audit Official Surrenders in Corruption Probe
Senior audit official turns himself in while former provincial chief faces prosecution, highlighting continued scrutiny of China’s financial sectorminal prosecution over massive illicit loans
Mar 20, 2026 10:53 PM

: Former Shaolin Temple Abbot Shi Yongxin Indicted on Bribery, Embezzlement
The once-influential monk who built the Shaolin Temple into a global commercial brand faces multiple criminal charges after a months-long investigation
Mar 20, 2026 10:34 PM

: Xiaomi Revamps SU7 With Safety Upgrades After Fatal Crashes
Hardware upgrades and fast delivery pledges aim to sustain growth momentum
Mar 20, 2026 09:52 PM

: The Week Ahead (March 23-29): Boao Forum for Asia Opens, Denmark Holds Election
China EV 100 Forum meets in Beijing, verdict due for Taiwan politician Ko Wen-je in Core Pacific City case
Mar 20, 2026 09:28 PM

: BYD Faces Challenges from Geely, Chery
To defend its market share, the EV giant has introduced a new fast-charging technology, which enables its second-generation blade battery to be charged from 10% to 97% in nine minutes
Mar 20, 2026 06:55 PM

: ByteDance to Sell Game Studio Moonton to Saudi Wealth Fund
Deal is reportedly worth $6 billion as the TikTok owner scales back its gaming business
Mar 20, 2026 06:38 PM

: Former Top Provincial Political Advisor Sentenced to Life in Prison for $18 Million Bribery Scheme
Spanning an 18-year operation, the corruption saga of the former top official culminates in a life sentence after he confessed to accepting roughly 127 million yuan in illegal kickbacks across three major political postings
Mar 20, 2026 06:30 PM

: Commentary: The U.S.-Iran War Is a Wake-Up Call for Asian Markets
Unlike the 2022 Ukraine crisis, the escalating conflict in the Middle East poses a direct threat to Asian manufacturing and could force a global stagflation reckoning
Mar 20, 2026 06:02 PM

: Alibaba Cloud Revenue Jumps 36% as AI Strategy Pays Off
Company targets $100 billion in annual AI and cloud revenue over five years, ramping up in-house chip shipments as adoption accelerates and token use rises
Mar 20, 2026 05:45 PM

: China Appoints Taxation Veteran to Head State Tobacco Monopoly
Yao Laiying replaces Zhang Jianmin as the new Communist Party group chief of the State Tobacco Monopoly Administration, taking charge of a massive industry grappling with a long-running anti-corruption campaign
Mar 20, 2026 05:42 PM