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

TOP STORIES

: In Depth: How a Ponzi Scheme Fleeced China’s Elderly
Shanhai Group lured isolated seniors with complimentary trips and feigned affection, building a 24.4 billion yuan illegal fundraising empire

: Exclusive: Chinese Supertankers Take Africa Detour to Avoid Red Sea Attacks
State-owned vessels resume loading Saudi crude via an Egyptian pipeline, adding thousands of miles and an extra month to avoid Houthi attacks

Exclusive: First Chinese Supertanker Loads Saudi Crude via Red Sea, Bypassing Strait of Hormuz
Red Sea Tanker Traffic Slumps as Houthi Attacks Disrupt Saudi Oil Route

In Depth: China Hunts for a New Auto Engine

As car sales suffer their sharpest drop among consumer goods, Beijing turns its focus from purchase incentives to lowering the cost of driving and repairing vehicles

: In Depth: Former Shanxi Richest Man Indicted on Mafia, Casino Charges
More than a year and a half after his arrest, Zhang Xinming, once the richest man in Shanxi province, faces a sweeping indictment that details a sprawling empire built on illegal mining, casino operations and deep-seated corruption

In Profile: The Reclusive Architect of Shein’s Global Rise

Founder Xu Yangtian built the company into the world’s largest online fast-fashion platform by marrying China’s manufacturing prowess with a data-driven supply chain

INSIGHT

In Depth: Thai Buddhist Amulets Draw China’s Anxious Youth — and Laundering Networks

Cover Story: China’s AI-Driven Robotics Boom Faces IPO Reality Check

Analysis: How Active ETFs Will Reshape Asset Management in China

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

A-Share Database >>

Darers & Doers Podcast: Making Solar Power Work Smarter

Jul 31, 2026 04:23 PM

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LATEST NEWS

: Unitree Robotics Prices Shanghai IPO at 61 Billion Yuan Valuation
Profitable robotics maker wins backing from DeepSeek as Chinese embodied-AI startups hurry to raise capital ahead of a possible sector shakeout
Aug 07, 2026 01:17 AM

: Bain Capital to Buy Gong cha as Bubble Tea Chain Refocuses Overseas
The acquisition comes as Gong cha, after retreating from the Chinese mainland, seeks growth in overseas markets while facing intensifying competition from rapidly expanding rivals
Aug 07, 2026 12:33 AM

: Chinese Auto Brands Gain Ground in Australia as EV Sales Jump
Record July car sales and a sharp rise in battery-electric deliveries underscored a turning point in Australia’s import-dependent auto market, where Chinese manufacturers are challenging established incumbents
Aug 07, 2026 12:02 AM

: Tech Brief (Aug. 6): U.S. Drafts Ban on Chinese Optical Modules, Exposing Mutual Supply Chain Risks
MiniMax shares surge after joining Hong Kong Stock Connect, Unitree IPO opens with bids implying up to 55 billion yuan valuation
Aug 06, 2026 07:44 PM

: China’s July Economy Seen Uneven as Exports Offset Weak Investment
Economists forecast slower industrial output and a wider decline in fixed-asset investment, though retail sales and trade likely continued growing
Aug 06, 2026 05:47 PM

: MiniMax Shares Surge After Joining Hong Kong Stock Connect
The AI model developer’s stock rose as much as 22.8% during the trading day, offering a reprieve from a recent selloff after its IPO lock-up period expired
Aug 06, 2026 04:14 PM

: Middle East Conflict Sparks Solar Power Boom in Southeast Asia
Import-reliant nations from Thailand to the Philippines are rolling out emergency decrees and rushing to subsidize rooftop solar panels to cut reliance on pricey fossil fuels
Aug 06, 2026 03:39 PM

: Yuan Advances to Three-and-a-Half-Year High
The onshore yuan opened above 6.75 per U.S. dollar on Thursday, supported by cooling U.S. inflation data and solid domestic trade figures
Aug 06, 2026 02:32 PM

: Business Brief (Aug. 6): China Announces Trade Countermeasures Against the U.S.
Moonshot AI seeks $50 billion valuation in new funding round, Chinese mainland tax authorities begin levying returns from offshore insurance policies
Aug 06, 2026 12:30 PM

: China Tax on Offshore Insurance Returns Triggers Prudential, HSBC Selloff
Cases involving a 20% levy raise concerns that tighter enforcement could weaken mainland demand for Hong Kong insurance products and hurt insurers’ growth
Aug 06, 2026 12:00 PM

: CX Daily: China Hunts for a New Auto Engine
As car sales plummet, Beijing turns its focus from purchase incentives to lowering the cost of driving and repairing vehicles
Aug 06, 2026 09:00 AM

: Chinese AI Startups Turn to World Models to Reimagine Video Games
Developers are betting China’s vast gaming market can serve as a proving ground for AI systems that generate dynamic, physics-based worlds, though commercialization challenges remain
Aug 06, 2026 03:48 AM

: GM, SAIC Renew China Venture Through 2047 as Chevrolet Faces Exit
Early renewal of the long-running partnership comes with a strategic reset centered on Buick, Cadillac, localized EV development and exports
Aug 06, 2026 03:04 AM

: Japanese Officer Expresses Regret in Court Over Knife-Wielding Breach at Chinese Embassy
Lt. Kodai Murata admitted the charges and said he regretted the impact on his family and military unit, as the case adds to tensions between Tokyo and Beijing
Aug 06, 2026 01:41 AM

: China’s Green Jet Fuel Expansion Raises Pressure on Global Feedstock Supply
A surge in projects by state-owned energy groups could curb exports of used cooking oil, a critical raw material for European airlines seeking to meet blending mandates
Aug 06, 2026 01:21 AM

: Unitree IPO Opens With Bids Implying Up to 55 Billion Yuan Valuation
The offering is emerging as an early test of whether public markets will support the lofty valuations attached to China’s humanoid-robot sector
Aug 06, 2026 12:26 AM