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

TOP STORIES

: In Depth: Supermarkets in China Hawk Own-Brand Goods in Bid to Diversify
From Walmart to Yonghui, brick-and-mortar retailers are developing private-label products as they fight for market share amid sluggish sales and weak profitability

: EU Shifts Toward Stricter Controls on Chinese Investment, Industry Group Says
CCCEU urges Chinese companies to more deeply integrate their operations in Europe, as widening trade deficits and competitiveness concerns reshape the region’s business environment

In Depth: Repayment Question Looms as China Speeds Up Special Bond Issuance

Delegating approvals to provinces has accelerated fundraising, but as interest costs hit record highs, a fundamental flaw in local government financing lingers

: China’s AI Frenzy Drives Massive Chasm in Mutual Fund Returns
Tech portfolios soar while legacy consumer and Hong Kong-heavy funds collapse

Chinese Startup X Square Robot Hits 20 Billion Yuan Valuation

The company says it has joined a growing cohort of AI-driven robotics firms that have reached a post-investment valuation of more than 20 billion yuan

INSIGHT

In Depth: Beneath the Sea, China Tests the Future of AI Power

Cover Story: Greenspan, the Market and the Reckoning

Analysis: China’s New Jobs Plan Zeros In on AI, Youth Employment

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

A-Share Database >>

China Business Uncovered Podcast: Inside Vanke and China’s Property Reckoning

Apr 24, 2026 06:57 PM

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LATEST NEWS

: State Council Pledges Policy Support for AI Innovation and Foreign Trade
The State Council executive meeting approved new five-year plans for carbon peaking and national health while calling for ultra-large-scale intelligent computing clusters to secure an edge in AI
Jul 01, 2026 08:25 PM

: Hard Tech Majors Outearn Software in China Job Shift, Report Says
Microelectronics and other engineering disciplines now lead salary rankings for new graduates, while robotics, new materials and optoelectronics post strong hiring growth
Jul 01, 2026 08:20 PM

: Man Who Reported Xinjiang Energy Boss for Graft Gets Nearly Seven Years in Prison
A Beijing court ruled that Zhao Ruisheng illegally used surveillance and bank records to pressure the official and his wife, rejecting claims that he deserved leniency as a whistleblower
Jul 01, 2026 08:13 PM

: Chinese Battery-Makers Urged to Pay Suppliers Faster
The proposal from two industry associations echoes government efforts to ease financial strain on upstream companies and comes as soaring demand has boosted profits for manufacturers
Jul 01, 2026 06:16 PM

: Business Brief (July 1): China Aims for 50,000 Industrial 5G Private Networks
Standard Chartered backs Chinese tech, Apple supplier Tata Electronics hacked
Jul 01, 2026 05:42 PM

: Tech Brief (July 1): UBTech Launches Lifelike Humanoid Robots
Cambricon becomes first STAR Market stock to hit 1-trillion-yuan market cap, Neolix gets nod for autonomous delivery tests in Malaysia
Jul 01, 2026 05:10 PM

: Why China Is Having a Pop Culture Moment
A new report by BCG says rising incomes and Beijing’s push to become a cultural powerhouse are fueling breakout homegrown IPs such as Labubu and the hit video game ‘Black Myth: Wukong’
Jul 01, 2026 05:06 PM

: China Life Snaps Up Prime Beijing Plot Stranded by Fallen Giant Anbang
State insurer absorbs the long-vacant CBD site to secure steady cash flows
Jul 01, 2026 02:48 PM

: Wanda Ordered to Pay Suning 1.75 Billion Yuan Over Failed IPO
A Nanjing court ruled in favor of the retailer to recoup the ‘remaining amount’ from its 2018 investment ahead of the scrapped listing of the conglomerate’s commercial property management arm
Jul 01, 2026 01:52 PM

: China Financial Stocks Slump Despite Massive Dividend Payout
High yields and share buybacks fail to offset capital flight to the tech sector
Jul 01, 2026 01:09 PM

: CX Daily: Repayment Question Looms as China Speeds Up Special Bond Issuance
Delegating approvals to provinces has accelerated fundraising, but a flaw in local government financing lingers
Jul 01, 2026 09:00 AM

: Volkswagen Urged to Build China-Developed Cars in Germany to Protect Jobs
Lower Saxony’s premier said Volkswagen should consider building China-developed models in Germany, sharpening political resistance to deeper cuts at the automaker’s home plants
Jul 01, 2026 03:42 AM

: Europe’s Heat Wave Lifts Sales for Chinese Air-Conditioner Makers
Midea, Gree, Haier and others report sold-out portable units as extreme heat exposes Europe’s low household cooling penetration and difficult installation marke
Jul 01, 2026 03:01 AM

: Global Wealth Posts Fastest Growth Since 2017, UBS Says
Private wealth rose 10.8% in 2025, led by EMEA and the Americas, while Greater China’s gains trailed the global average
Jul 01, 2026 02:46 AM

: France Passes Fast-Fashion Bill Targeting Shein, Temu
The bill would impose per-item penalties on ultra-fast fashion sellers, ban advertising and require environmental disclosures, though parts of the measure may face EU legal scrutiny
Jul 01, 2026 02:24 AM

: China Mobile Sets Up Token Office to Scale AI Services
The state-owned telecom giant is restructuring around AI and computing services as growth in traditional communications slows
Jul 01, 2026 12:35 AM