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

TOP STORIES

: In Depth: Beneath the Sea, China Tests the Future of AI Power
As the artificial intelligence boom drives a surge in electricity demand, tech hubs like Lingang are piloting underwater data centers, cross-country server dispatch, and AI-managed battery grids to keep the juice flowing

: Analysis: China Pushes Housing Provident Fund Reform Amid Rising Idle Balances
Officials are broadening loan access and withdrawal channels while trying to transform the provident fund from a homebuying tool into a wider economic policy instrument

Analysis: Spain Emerges as Chinese EV-Makers’ Gateway to Europe

From legacy names such as SAIC Motor to electric vehicle giant BYD, carmakers are localizing production in the western European nation as they navigate a more protectionist environment

: Exclusive: Dreame Dials Down Ambitious Expansion Amid Growing Financial Scrutiny
The robot-vacuum maker is scaling back a grand vision earlier this year to build a ‘hundred-trillion-dollar’ ecosystem, spanning everything from household appliances to satellites

In Depth: North China’s Rising Water Table Springs an Urban Leak

Increasing water levels are reviving long-dry rivers but also seeping into basements and subway stations

INSIGHT

In Depth: How AI Is Rewiring White-Collar Work in China

Cover Story: China’s AI Boom Is Rewiring Its Power Grid

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

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

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

Apr 24, 2026 06:57 PM

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LATEST NEWS

: Anyverse Dynamics Raises Over $200 Million as China’s Robotics Funding Boom Accelerates
The Beijing-based embodied-AI startup says another nearly $200 million pre-Series A round is close to completion, as investors pile into robotics companies building costly foundation model
Jun 26, 2026 11:24 PM

: AI Is Freezing Entry-Level Hiring More Than Cutting Jobs, Peking University Researcher Says
Companies are keeping existing staff while slowing recruitment as the technology takes over routine tasks, hurting young job hunters and accelerating a push toward flatter management
Jun 26, 2026 06:31 PM

: Business Brief (June 26): China, U.S. to Establish Trade Council
Alibaba sues U.S. Department of Defense, China sets renewable energy targets for 2030
Jun 26, 2026 05:58 PM

: China Targets Drug-Laced E-Cigarettes Amid Surge in Youth Addiction
Supreme People's Court warns of a new wave of synthetic drug abuse as etomidate surpasses heroin in popularity among minors
Jun 26, 2026 04:02 PM

: China Audit Reveals Billions of Rural Funds Diverted for Local Debt
A sweeping national audit revealed that dozens of local governments misappropriated $4.12 billion intended for rural revitalization to service mounting debts and prop up state enterprises
Jun 26, 2026 03:23 PM

: AI Reshapes Corporate Structures and Hollows Out Management, Report Says
Experts at Tsinghua University warn that smart technologies are accelerating a ‘middle-level collapse’ and shifting corporate cost metrics from headcounts to computing power
Jun 26, 2026 11:23 AM

: Weekly Must-Read: China’s AI Boom Is Rewiring Its Power Grid
Driven by AI’s huge thirst for energy, China is moving data hubs to the desert and testing virtual power plants to synchronize digital growth with green energy
Jun 26, 2026 10:00 AM

: CX Daily: Spain Emerges as Chinese EV-Makers’ Gateway to Europe
From legacy names such as SAIC Motor to EV giant BYD, Chinese carmakers are setting up in Spain as they navigate a more protectionist EU
Jun 26, 2026 09:00 AM

: Commentary: Alan Greenspan and the End of Globalization’s Age of Faith
The late Federal Reserve chairman presided over an era of unbridled optimism, but his blind spots regarding systemic risk left enduring challenges for central bankers in both the U.S. and China
Jun 26, 2026 03:45 AM

: Evergrande Property Services Stake Sale Collapses, Sending Shares Down 24%
Liquidators failed to reach a formal agreement with a prospective buyer for the 51% holding, derailing an effort to raise funds for creditors
Jun 26, 2026 03:24 AM

: Hithium Chief Says Chinese Battery-Makers Need Local Hubs Overseas
The Xiamen-based energy storage firm aims to replicate the success of foreign multinationals in China by embedding its operations in key overseas markets
Jun 26, 2026 02:40 AM

: Hong Kong Fund Assets Jump to $298 Billion Amid Broad Market Rebound
The city’s market regulator reported record trading volumes, surging capital inflows, and a massive spike in listing applications for the financial year ending March 2026
Jun 26, 2026 02:23 AM

: Li Auto’s New L8 Puts In-House Batteries at Center of EV Strategy
Chinese automakers are moving to secure supply and cut dependence on CATL as battery shortages and margin pressure intensify
Jun 26, 2026 12:44 AM

: Tech Brief (June 25): ByteDance’s AI Assistant Doubao Launches Paid Version
Galbot humanoid robot completes trial at CATL production line, JD.com works with embodied AI firm MagicLab on product development
Jun 25, 2026 06:55 PM

: Europe Has a Lot to Learn From China About Electric Trucks, Volvo CTO Says
Jens Holtinger says the continent’s biggest obstacle is no longer vehicle tech, but how it lags behind the country in expanding power grids and charging networks
Jun 25, 2026 06:38 PM

: China Proposes New Rules for Booming Micro-Drama Industry
Draft regulations would subject larger productions to stricter approvals while requiring disclosure of AI-generated content and strengthening IP protection
Jun 25, 2026 06:15 PM