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

TOP STORIES

: In Depth: Men, AI and a Retail Revamp Drive Xiaohongshu’s Pre-IPO Pivot
The lifestyle platform known as RedNote is aggressively expanding its audience and tech capabilities ahead of a potential Hong Kong listing, but internal friction and fierce e-commerce competition threaten to complicate any debut

: Chinese Politburo Member’s Downfall Exposes Shadowy Network Tied to Evergrande, Vanke
A secretive developer flipped projects for billions and dumped toxic assets onto Vanke, contributing to the property giant’s massive losses

In Depth: China’s Hospitals Are Turning Patient Data Into a Cash Cow

A government push to commercialize digital assets is fueling a booming medical AI industry, but trading sensitive records is testing the limits of privacy laws

: DeepSeek Reaches $52 Billion Valuation in Round Backed by Tencent, CATL
Chinese AI developer raised about 50 billion yuan from investors including Tencent and CATL as it seeks to retain talent and fund model development

U.S. Slashes Visa Time Limits for Foreign Students, Chinese Journalists

A sweeping new Homeland Security rule will cap academic stays at four years and subject Chinese reporters to strict 90-day renewals in a pivot driven by national security

INSIGHT

In Depth: New Gulf Oil Shipping Model Emerges as Supertankers Shun Strait of Hormuz

Cover Story: World Cup Tests Trump’s Economic Pitch

Analysis: Trump’s World Cup Meddling Fuels a Crisis Over FIFA’s Independence

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

A-Share Database >>

China Business Uncovered Podcast: How a Lost Masterpiece Sparked a Museum Scandal

Jul 17, 2026 04:55 PM

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LATEST NEWS

: The Week Ahead (July 20-26): U.S. To Impose 25% Tariffs on Brazilian Goods
Andy Burnham is expected to become U.K. prime minister; Hong Kong Exchanges and Clearing Ltd. will enhance its T+1 trading session
Jul 18, 2026 12:21 AM

: China Issues First Level 3 Certifications Under AI Device Grading System
The new national grading system recognizes 66 products from 17 companies, setting a benchmark for autonomous smart hardware
Jul 18, 2026 12:10 AM

: China Launches Shanghai-Based AI Governance Body With 29 Founding Nations
WAICO gives Beijing a new platform to shape global AI standards and infrastructure, with a focus on developing countries
Jul 17, 2026 11:47 PM

: Chinese Exporters Pile Into Currency Hedges as Yuan Volatility Rises
First-half derivative contracts surged 40% to nearly $1.4 trillion as regulators urge companies to avoid currency speculation
Jul 17, 2026 10:58 PM

: Alibaba’s Online Travel Arm Slashes Jobs as Business Struggles
Fliggy's layoffs were due to poor financial performance, economic headwinds and the need for restructuring, company insiders say
Jul 17, 2026 07:25 PM

: Business Brief (July 17): China Spearheads World AI Cooperation Organization
Domestic loans to real estate developers plunge, while the U.S. launches anti-circumvention probe into solar cells from China
Jul 17, 2026 06:36 PM

: China Business Uncovered Podcast: How a Lost Masterpiece Sparked a Museum Scandal
The dramatic reappearance of Spring in Jiangnan, a handscroll donated to the Nanjing Museum by a prominent collector family, set off public outcry over the mismanagement of treasured artifacts
Jul 17, 2026 04:55 PM

: China’s First Homegrown 9-Valent HPV Vaccine Challenges Merck’s Retreat
Late-stage trial data showed Cecolin 9 delivered near-perfect protection against key HPV infections, giving Wantai a major opening after Merck suspended supplies to China
Jul 17, 2026 02:14 PM

: Hong Kong Grapples With Near-One-Year High in Covid-19 Infections
The city recorded 45 severe adult cases and seven deaths over the past four weeks as health authorities warn of waning immunity and new variants
Jul 17, 2026 02:06 PM

: Commentary: To Revive Consumption, China Must Fix Work First
Subsidies may lift retail sales briefly, but households will keep saving defensively until jobs are more secure, wages are stronger and social protections reach the country’s vast flexible workforce
Jul 17, 2026 02:02 PM

: Exclusive: Ex-ICBC Wealth Chief Gets Life in Prison for $21 Million Graft
Gu Jiangang’s severe penalty is partly driven by kickbacks tied to a private equity fund, adding to a growing list of heavy sentences at the world’s largest bank
Jul 17, 2026 01:05 PM

: Baidu Seeks Dual Primary Listing in Hong Kong
The conversion, which is expected to be completed within this year, could give the Chinese tech giant access to mainland investors under Stock Connect programs
Jul 17, 2026 12:29 PM

: U.K. to Ease Audit Rules for Chinese Listings as London Battles IPO Slump
Two-year exemption starting in September allows eligible Chinese issuers to bypass international auditing standards
Jul 17, 2026 11:39 AM

: Top Chinese Cancer Doctor Accused of Academic Fraud in ‘Paper Mill’ Scandal
Xu Ruihua, a recently elected member of the Chinese Academy of Engineering, faces allegations of severe misconduct after a whistleblower exposed pixel-perfect image duplications spanning nearly a decade of research
Jul 17, 2026 11:19 AM

: Weekly Must-Read: World Cup Tests Trump’s Economic Pitch
The 2026 tournament is expected to lift spending across North America, but economists warn the benefits may be temporary, uneven and constrained by U.S. border policies
Jul 17, 2026 10:00 AM

: CX Daily: China’s Hospitals Are Turning Patient Data Into a Cash Cow
A government push to commercialize digital assets is fueling a booming medical AI industry
Jul 17, 2026 09:00 AM