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

TOP STORIES

: Analysis: How Some Chinese Banks Ended Up in a Property Purgatory
After a years-long real estate slump, many smaller lenders have found themselves saddled with a portfolio of distressed assets that almost no one wants

: Analysis: Why China’s Rating Agencies Can’t Stop Inflating Grades
Regulators are pushing to tighten oversight, but without a functioning high-yield market, investment-grade ratings remain a financing necessity

In Depth: China Orders Random Class Placement to Break School Hierarchies

Education authorities are dismantling ‘key classes’ in compulsory schooling, yet parental competition and informal selection channels continue to recreate academic stratification

: Samsung Retreats From China’s Appliance Market to Focus on Chips, Phones
The change underscores how Chinese brands have cut into the market share of their foreign competitors, prompting the South Korean tech giant to double down on its profitable chip and AI-powered smartphone businesses

In Depth: China’s Truck-Makers See an Electric Takeover of Big Rigs

While heavy-duty EVs have been mostly relegated to short routes, plummeting battery costs and immense investments in swapping infrastructure look set to make green, long-distance freight a reality

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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

: Exclusive: Chinese Banks Face Curbs on High-Yield Interbank Deposits
Rules being tested would link rates to Shibor as regulators seek to curb banks’ funding costs, sources say
May 07, 2026 06:12 PM

: State-Linked Property Deals Tied to Evergrande Face Scrutiny
Sources say former Citic Land Chairman Hu Donghai was taken away by authorities in a case that could involve projects later sold to Evergrande
May 07, 2026 04:41 PM

: First Chinese Oil Tanker Attacked in Strait of Hormuz as Iran-U.S. Conflict Escalates
Shipping traffic through the Strait of Hormuz has ground to a halt after U.S. escort operations triggered a wave of Iranian attacks on commercial vessels, including a Chinese oil tanker
May 07, 2026 04:20 PM

: Energy Insider (May 7): China Launches First Green Electricity Project for Computing
Qinghai and Fujian provinces launch first cross-provincial green power trade, Geely’s core profit rises on export boom
May 07, 2026 03:42 PM

: Long-Haul Domestic Trips Gain Favor Among Chinese Holiday Travelers
Higher international airfares, demand for experience-driven travel and the overlap with school breaks pushed travelers farther afield within China during the Labor Day holiday, boosting spending on hotels and entertainment
May 07, 2026 01:44 PM

: China Leans on Younger Seniors to Solve Rural Elder-Care Crisis
A new policy pushes a mutual-aid model for the countryside, but funding deficits and agricultural realities threaten its sustainability
May 07, 2026 12:43 PM

: Commentary: The AI Economy Is Accelerating the Global Baby Bust
Artificial intelligence is raising the stakes for career advancement and driving up the cost of education. Without bold fiscal intervention, the relative expense of child-rearing will push fertility rates even lower
May 07, 2026 11:53 AM

: CX Daily: China Orders Random Class Placement to Break School Hierarchies
Education authorities are dismantling ‘key classes’ in compulsory schooling, yet academic stratification persists
May 07, 2026 09:00 AM

: China A-Share Earnings Recovery Hinges on Financial Sector
Profits at Chinese mainland-listed companies rose modestly in 2025, but non-financial firms posted a third straight year of declines before showing signs of recovery in early 2026
May 06, 2026 11:50 PM

: China’s Bad-Debt Managers Turn to Bank Stakes to Buffer Losses
Great Wall and China Orient posted soaring impairment losses in 2025, but accounting gains tied to strategic bank investments helped keep both firms profitable
May 06, 2026 11:28 PM

: China Backs Region-Led Middle East Security Framework in Talks With Iran
Beijing said Middle Eastern nations should determine their own future as Wang Yi met Iranian Foreign Minister Abbas Araghchi
May 06, 2026 10:51 PM

: Sotheby’s Sells Castiglione Painting for Record $23 Million in Hong Kong
A rare Qing dynasty court painting tied to imperial politics and China’s last emperor became the most expensive work ever sold by the Italian missionary-artist Giuseppe Castiglione
May 06, 2026 10:27 PM

: FIFA Says China World Cup Broadcast Rights Still Under Negotiation
With no agreement reached between FIFA and CMG, advertisers and streaming platforms face mounting uncertainty before the tournament begins in June
May 06, 2026 09:57 PM

: Rising Airfares Push Chinese Travelers From Planes to Trains During May Day Holiday
Passenger traffic on flights dropped 5.7% despite government forecasts for growth, while rail travel surged amid heavy demand
May 06, 2026 09:20 PM

: HKU Researchers Develop Nasal Spray for Pre-Hospital Stroke Treatment
The experimental nasal spray bypasses the blood-brain barrier and reduced brain tissue death by more than 80% in pre-clinical studies
May 06, 2026 08:30 PM

: China’s Coal Consumption to Plateau by 2030, Report Says
The traditional model of aggressively expanding production is no longer sustainable as a growing share of new demand is being met with clean energy sources, an industry report shows
May 06, 2026 07:13 PM