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

Anthropic’s IPO filing offers investors a potential valuation benchmark as debt strains, price wars and a cooling Chinese listing market expose the costs of the AI investment race

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Chart of the Day: Losses Mount at China’s Top Solar Firms

Six industry leaders lost nearly 7 billion yuan in the third quarter as supply continues to overwhelm demand

China’s Tax Authorities Step Up Exit Bans Over Unpaid Taxes

Local bureaus increasingly invoke a rarely used legal power to stop people from leaving the country

A CSRC official said Nov. 2 that the regulator is reviewing rules on price-support buybacks, refining incentives for long-term investment and expanding investment products. Photo: VCG

China Moves to Support Stocks With Buyback and Liquidity Measures

Beijing eases repurchase rules, prepares another round of its swap facility and makes lending support for buybacks and stake increases permanent

Central Bank to Conduct Third Swap Facility Operation

Thirty-one securities and mutual fund companies have applied for more than 100 billion yuan under the market-support program

INSIGHT
Sep 11, 2026 03:46 PM
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Tencent and Visa plan to deepen cross-border payment ties

Tencent, Visa Expand Partnership in Cross-Border Payments and AI

The companies plan to improve travel payments and remittances into WeChat Pay while exploring enterprise AI and agent-driven commerce

Nov 03, 2026 12:12 AM
The Hong Kong FinTech Week and StartmeupHK 2026 forum on Nov. 2, 2026. Photo: IC

Hong Kong Launches AI-Agent Governance Project

The HKMA initiative will examine identity verification, liability and consumer protection as autonomous AI tools expand into customer-facing financial services

Nov 02, 2026 11:22 PM
Expanding China’s carbon market internationally could channel climate financing to developing economies while strengthening economic ties and supporting global decarbonization.

Commentary: How China Could Turn Carbon Trading Into a Green Diplomacy Tool

Expanding the country’s carbon market internationally could channel climate financing to developing economies while strengthening economic ties and supporting global decarbonization

Nov 02, 2026 07:22 PM
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China New Economy Index Hits Record High

High value-added industries accounted for 35.4% of total economic inputs in October, a Caixin index shows

Nov 02, 2026 04:40 PM
File photo: Rao Yi (left) and Steve Mao

Cell Press Says Probe Found No Evidence of Cancer Cell Editor Bribery

An outside investigation found no evidence supporting Chinese scientist Rao Yi’s claims that Steve Mao solicited payments; Rao maintains his accusation

Nov 02, 2026 03:53 PM
Photo: IC Photo

China Shifts Main Policy Rate to Overnight Reverse Repo Rate

PBOC formalizes move toward shorter-term rate targeting as overnight funding costs hover around 1.25%

Nov 02, 2026 03:46 PM
A CATL battery on display at an exhibition. Photo: VCG

Xiaomi Diversifies Battery Supply Chain With Sunwoda Deal

The tech giant plans to buy a 5.34% stake in the battery company, reflecting broader efforts by some EV upstarts to reduce heavy reliance on CATL

Nov 02, 2026 03:40 PM
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China’s Manufacturing Activity Returns to Contraction

Weak domestic demand and fading overseas orders weigh on economic activity

Nov 02, 2026 02:43 PM
Subsidies can ease the cost of raising children, but a family-friendly society depends on policies that work throughout everyday life.

Opinion: A Graying China Needs More Than Baby Bonuses

Subsidies can ease the cost of raising children, but a family-friendly society depends on policies that work throughout everyday life

Nov 02, 2026 01:09 PM
Photo: VCG

China Auto Industry Profits Plunge 68%

Rising costs and sluggish demand squeezed margins across the sector in September, with major carmakers including SAIC Motor and Changan Auto reporting falling vehicle sales

Nov 02, 2026 12:32 PM
Graphics: Zhao Lingjun/Caixin

China Issues 18-Point Plan to Protect Workers From AI Job Losses

State Council guidelines call for job-risk assessments of high-impact AI projects and urge employers to give affected workers advance notice and help finding new jobs

Nov 02, 2026 12:07 PM
Chinese President Xi Jinping holds a meeting with German President Frank-Walter Steinmeier in Beijing on the afternoon of Oct. 30, 2026. Photo: Xinhua

China Urges Germany to Reject Protectionism, Deepen Ties

Xi and Steinmeier back expanded cooperation in AI and green industries amid growing trade friction between Beijing and Brussels

Nov 02, 2026 11:47 AM
Xie Weijiang delivers a speech before taking office. Photo: Hunan Daily

Former Power Executive Xie Weijiang Takes Charge of Hunan Government

Xie succeeds former State Grid chairman Mao Weiming as Hunan becomes the latest province to change its government leadership this year

Nov 02, 2026 11:02 AM
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CX Daily: China’s Banks Are Flush With Cash but Short of Good Loans

Policy is steering credit toward favored sectors, as weak loan demand and cheaper bond financing leave banks competing for borrowers

Nov 02, 2026 09:00 AM
Fu Chengyu

Former Sinopec Chairman Fu Chengyu Under Investigation

China’s anti-corruption authorities announced the probe more than 11 years after his retirement; Caixin sources say it may concern sales-business reforms

Nov 01, 2026 10:47 PM
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Weekend Long Read: Yasuo Fukuda’s Final Testament ― a Japan That Never Goes to War Again

The former prime minister devoted his final years to keeping dialogue with China alive. His most enduring legacy was an insistence that diplomacy come before conflict

Oct 31, 2026 09:00 AM



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