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

TOP STORIES

: In Depth: Huawei Closes In on Record Revenue, but at a Cost
The Chinese tech giant’s comeback has been driven by AI chips and a homegrown operating system, but at the price of hefty research spending that took up nearly 26% of revenue and cut profit by more than 30%

: Analysis: China’s Banks Move AI From Pilots to Production
Banks are automating routine work and building agents for complex tasks, but cost, data integration and cyber risk loom large

In Depth: Chinese Woman Linked to Nvidia CEO Has Ties to Shady Shanghai Fund Manager

Alice Huang helped manage an investment firm involved in major gaming and data center deals alongside a man, reportedly her husband, who later came under criminal scrutiny

: Alibaba Files to Spin Off Chip Unit in Hong Kong
Analysts estimate T-Head’s value at anywhere from $25 billion to $86 billion, but questions over its reliance on its parent for sales could cloud the outlook for a 2027 IPO

In Depth: How Hongqi’s Supercar Dream Unraveled in Debt and Liquidation

FAW’s partnership with U.S. startup Silk EV promised an entry into the global supercar market. More than five years later, the car remains undelivered and liquidators are tracing investor funds

INSIGHT

In Depth: Chinese Professor’s Death Draws Attention to Faculty Paying to Meet Research Quotas

Cover Story: The Global Tech Sell-Off Tests the Economics Behind AI Boom

Analysis: At Least 25 Sinopec Executives Ensnared in Two-Year Anti-Graft Sweep

Caixin Explains: What China’s Proposed Shift to an Overnight Policy Rate Would Mean

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China Business Uncovered Podcast: Exposing China’s Youth Correction Camps

Sep 11, 2026 03:46 PM

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LATEST NEWS

: Li Ka-Shing Backs Asia’s First Kidney Cancer Trial of Ultrasound Treatment
The billionaire's foundation will fund 30 patients to undergo histotripsy, a non-invasive procedure that liquefies tumors without scalpels or needles
Nov 11, 2026 08:50 PM

: Former Hainan Security Chief Xiao Jie Indicted in Bribery Case
The prosecution of the 66-year-old, whose career included overseeing the island province's law enforcement, comes nine months after authorities launched an anti-corruption probe into his decades-long tenure
Nov 11, 2026 08:26 PM

: Jiangxi Names New Acting Governor as China’s Provincial Shake-Up Accelerates
Becoming the 11th region to change its top executive this year, the southeastern province installs regional veteran Chen Yongqi just weeks before a major provincial Party leadership transition
Nov 11, 2026 07:59 PM

: In Profile: How a Hong Kong Family Turned a Stretch of Mudflats Into a Tech Hub
More than four decades after Henry Fok first set his sights on Nansha in Guangzhou, his son Benjamin Fok reflects on a family project built around long-term investment, technological ambition and a vision that goes well beyond commercial returns
Nov 11, 2026 07:43 PM

: CX Daily: Chinese Woman Linked to Nvidia CEO Has Ties to Shady Shanghai Fund Manager
Alice Huang helped manage an investment firm involved in data center deals alongside a man, who later came under criminal scrutiny
Nov 11, 2026 09:00 AM

: Ex-Chief of State-Owned Construction Giant Accused of Bribery, Abuse of Power
Liu Qitao was expelled from the Communist Party and his case referred to prosecutors six years after retiring from China Communications Construction Group
Nov 11, 2026 02:09 AM

: Singapore Launches Gold Custody for Foreign Central Banks
A national vault with capacity of up to 500 metric tons anchors the city-state’s push to develop gold storage and trading services
Nov 11, 2026 01:50 AM

: China’s Inbound Tourism Revenue Could Reach $470 Billion by 2040, UBS Says
Broader visa-free access and expanding international flight capacity could help more than double the sector’s contribution to GDP to 1.5%
Nov 11, 2026 01:14 AM

: Chinese Venture Plans Orbital Computing Network
The Hefei-based company has 1.5 billion yuan in registered capital and plans to use domestic technology across its satellite computing system
Nov 11, 2026 12:55 AM

: China’s Passenger Car Sales Fall 27% as Exports Rise 69%
October figures show a widening gap between domestic and overseas demand, as automakers face lower export tax rebates and restrictions on hybrid shipments to Europe
Nov 10, 2026 11:24 PM

: China’s Exports Jump on Strong AI Trade
Overseas shipments rose 35.2% in October, beating forecasts, but higher prices rather than larger volumes drove much of the gain as chips and computing equipment surged in value
Nov 10, 2026 06:16 PM

: Retired Shenzhen Leader Indicted Over Two-Decade Corruption Scheme
Dai Beifang, the 70-year-old former political advisory chief, will face trial in Hainan over allegations that he took bribes across a succession of senior posts
Nov 10, 2026 05:24 PM

: In Depth: China Cracks Down on ‘Poisoning’ AI Chatbots With Fake Marketing
Regulators target black-hat generative engine optimization as marketers manipulate algorithms to invent products and inflate rankings
Nov 06, 2026 05:45 PM

: In Depth: CEO’s Affair Pulls Nvidia Deeper Into the U.S.-China Chip Fight
Jensen Huang’s admission raises questions that go beyond his personal life: who could replace him, and what his alleged relationship to a former executive of a Singapore data center firm means for the U.S. chipmaker’s business
Nov 10, 2026 02:55 PM

: China Opens Onshore Forex Market to Overseas Yuan Clearing Banks
Four banks complete first transactions under a pilot program aimed at linking onshore and offshore yuan markets and expanding the currency's global use
Nov 10, 2026 02:47 PM

: Zeiss Deepens China Push With Locally Developed Eye Care Products
The launches highlight the German optical giant’s efforts to tap local expertise in a market where it is increasing investment in both research and manufacturing
Nov 10, 2026 12:39 PM