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

TOP STORIES

: In Depth: AI Agents Ignite Global Battle for the Future of Payments
From Alibaba to Google, companies are racing to control AI-driven payments — a shift that could redefine commerce and upend financial gatekeepers

: Hormuz Insurance Crunch Sends Shipping Costs Soaring
War risk premiums jump to as high as 10% as insurers pull back and coverage becomes scarce

In Depth: China Looks to ‘Experience Economy’ for a Consumption Lift

Record-breaking Lunar New Year data reveal a structural pivot as travelers prioritize local traditions and immersive attractions over traditional sightseeing, sparking hopes for a new engine for domestic consumption

: In Depth: Influential Economist Ba Shusong Goes Silent After Months of Travel Ban Rumors
Sudden silence from well-connected academic and former HKEX adviser sparks speculation amid broader financial-sector scrutiny

PDD Bets on In-House Brands in 100 Billion Yuan Expansion Plan

New venture will develop curated in-house brands and “go-global” services for manufacturers; fourth-quarter non-GAAP profit fell on higher costs

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

Mar 19, 2026 06:38 PM

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LATEST NEWS

: Thai EV Sales Drop Casts Shadow on Chinese Automaker Ambitions
The fall in February came after the government slashed subsidies for electric vehicle purchases in its EV industry development program, which had helped Chinese carmakers get a strong foothold in the local market
Mar 26, 2026 03:13 PM

: Communist Party’s Hong Kong and Macao Office Adds First Female Leader Since 2023 Restructuring
Zhang Dongmei, a veteran Beijing official and women’s federation vice chair, joins the leadership of work office created in 2023
Mar 26, 2026 01:00 PM

: Ex-PBOC Governor Urges Global Policy Coordination, Warns on Tariffs
Speaking at the Boao Forum for Asia, Zhou Xiaochuan says trade tensions and tariffs risk complicating efforts to address global imbalances
Mar 26, 2026 11:50 AM

: Cinda Securities Suspends Research Head After Sexual Assault Allegations
Female researcher alleges Zuo Qianming assaulted her during Shanghai business trip; case under police investigation
Mar 26, 2026 11:25 AM

: CX Daily: AI Agents Ignite Global Battle for the Future of Payments
From Alibaba to Google, companies are racing to control AI-driven payments — a shift that could redefine commerce and upend financial gatekeepers
Mar 26, 2026 09:00 AM

: Former Head of China Defense Giant AVIC Gets Suspended Death Sentence for Graft
Tan Ruisong was found guilty of embezzlement, bribery and insider trading involving more than 700 million yuan
Mar 25, 2026 11:11 PM

: Cosco Restarts Middle East Container Bookings, Skirting Hormuz
Cosco Shipping Lines is routing boxes to ports east of the strait and moving them overland after Iran’s blockade
Mar 25, 2026 10:40 PM

: Kuaishou Ramps Up AI Commercialization as Kling Revenue Hits $150 Million
Kling remains a small share of sales but is scaling quickly; CEO says annualized run rate rose above $300 million in January
Mar 25, 2026 10:23 PM

: China Vows Equal Treatment to Woo Foreign Investors
Officials tout talent pool and market scale as Beijing seeks to counter rising costs and supply-chain shifts
Mar 25, 2026 10:06 PM

: Alibaba Launches AI Agent for Small Businesses With International Ambitions
The tech giant’s new Accio Work platform boasts the ability to create a digital workforce that can handle both simple and complex tasks, with the aim of simplifying cross-border e-commerce
Mar 25, 2026 07:41 PM

: Xiaomi EV Unit Posts Profit, but Smartphone Business Falters
Despite strong 2025 earnings companywide, revenue growth slowed to 7.3% and profit dropped 23.7% in the fourth quarter as rising memory costs hit its core handset division
Mar 25, 2026 07:16 PM

: Energy Insider: Geopolitical Tensions Drive Calls for Deeper Energy Cooperation
Middle East conflict disrupts global aviation market, Chinese-owned freighter uses Iran’s maritime ‘safe corridor’
Mar 25, 2026 06:44 PM

: Humanoid Robots and AI Agents Drive Spring Hiring in China, Report Says
Zhaopin data show job postings rose fastest in robotics, while AI-agent listings topped five times last year’s pace
Mar 25, 2026 06:42 PM

: Exclusive: CCB May Add Party Official as China Tightens Financial Oversight
Move would make it the last of China’s ‘Big Four’ banks to establish the role
Mar 25, 2026 06:02 PM

: Veteran Shanghai Economic Official Named Vice Governor in China’s Northeast
Gu Jun brings decades of experience from China’s financial hub to Liaoning, where he will oversee commerce and the local business environment
Mar 25, 2026 05:42 PM

: China’s ‘Fixed-Income Plus’ Funds Hit by Redemptions on Profit-Taking
Outflows persist as market volatility and geopolitical tensions prompt investors to cut exposure
Mar 25, 2026 03:25 PM