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

TOP STORIES

: China Offers Brand-Name Drugmakers a Lifeline in Bulk-Procurement Tender
The latest national drug tender seeks to curb destructive price competition while tightening quality requirements for generic medicines

Two Chinese Medical-Device Makers Declare Bankruptcy After Winning Bulk-Buying Bids
Regulators Rebut Concerns Drug Bulk-Buying Program Is Falling Short on Quality

: $18 Million in Bribes: The Double Life of a Chinese Financial Official
Zhang Cheng used dual IDs and a rented decoy home to hide his massive illicit wealth, sources say

In Depth: Inside the Unlikely Alliance That Cracked Simandou

The world’s largest untapped iron ore reserve was unlocked by collaboration between Rio Tinto, Chinese state-owned giants and political pressure from the Guinean government — the result could reshape global iron ore trade

: Volkswagen Strengthens Self-Driving Partnership With Horizon Robotics
The new agreement allows the German automaker to use the Chinese partner’s AI models for its in-house development of Level 3 and Level 4 autonomous driving technologies

Wang, Rubio Seek to Advance U.S.-China Talks After Leaders’ Beijing Meeting

The two officials agreed to use diplomatic channels to prepare the next phase of high-level engagement and pursue what Beijing called a more stable bilateral relationship

INSIGHT

In Depth: Louis Vuitton’s Trademark Win Sparks Backlash in China

Cover Story: Europe Fortifies Against China’s New Export Juggernaut

Analysis: China’s Oil Import Slump Points to a Deeper Demand Reset

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

: China’s Trade-In Program Sales Drop as Stimulus Effect Fades
Consumer fatigue and scaled-back policy support led to sharp sales declines in automobiles and home appliances in the first half of 2026
Jul 24, 2026 03:30 AM

: Foreign Carmakers Turn China Joint Ventures Into Export Bases
As market share and margins come under pressure in China, international automakers are using locally developed vehicles and technologies to reach buyers overseas
Jul 24, 2026 01:34 AM

: PICC Names Former Policy Bank Chief Tan Jiong as New Party Chief
Tan Jiong is expected to take over as chairman after he completes standard corporate governance procedures
Jul 24, 2026 01:03 AM

: Hong Kong Court Upholds 10-Year Sentence for Ex-UBS Banker in $17 Million Laundering Case
Suen Kin Wing stole nearly HK$135 million from a client on the Chinese mainland to buy luxury cars and global real estate
Jul 24, 2026 12:44 AM

: Too Many Similar Cars Are Hurting China’s Auto Sales
A deluge of new models with similar functions are taking a toll on the country’s crowded market, pushing regulators to tighten rules to rein in the expansion, an industry expert says
Jul 23, 2026 06:21 PM

: Business Brief (July 23): China’s $1 Trillion Sports Industry Push
Domestic new-energy vehicle sales top 1 million, Beijing to slap 55% tariff on Brazilian beef
Jul 23, 2026 05:39 PM

: Veterinary Programs Outpace Some Medical Degrees in China’s College Admissions
Falling scores for standard clinical-medicine programs underscore concerns over long training periods, uncertain hospital jobs and weaker income prospects
Jul 23, 2026 01:38 PM

: China’s Fiscal Revenue Accelerates Despite Land Sales Plunge
Robust corporate tax receipts boost general budget, even as plunge in land revenues squeezes local finances
Jul 23, 2026 12:05 PM

: China’s Unemployment Insurance Fund Posts Deficit as Benefit Payments Jump
Outlays on jobless benefits and related support rose 34.2% in 2025, pushing the fund into a 9.13 billion yuan annual deficit
Jul 23, 2026 10:47 AM

: Former Chinese Forestry Deputy Sentenced to Life in Prison for Bribery
Li Chunliang, who spent decades in the Communist Party’s powerful personnel department before moving to the forestry administration, was convicted of accepting more than $12 million in illicit payments
Jul 23, 2026 10:28 AM

: China Mutual Funds Swing to $287 Billion Profit on AI Stock Binge
Active fund managers dump traditional staples for tech, though veteran warns polarized rally is unsustainable
Jul 23, 2026 10:20 AM

: CX Daily: Inside the Unlikely Alliance That Cracked Simandou
For decades the world’s largest untapped iron ore reserve lied dormant — it took an Anglo-Australian miner and Chinese state giants to unlock it
Jul 23, 2026 09:00 AM

: Beijing Pushes Back as Europe Tightens Pressure on Chinese E-Commerce
China warned of countermeasures after the EU penalized AliExpress and France advanced legislation that would impose tougher limits on fast-fashion platforms
Jul 23, 2026 03:30 AM

: Vanke Wins New Funding as It Completes Extensions on 2026 Public Bonds
The state-backed developer obtained a new loan from Shenzhen Metro to fund upfront payments on extended onshore bonds, underscoring continuing strain despite progress on debt extensions
Jul 23, 2026 03:13 AM

: Hong Kong Moves to Expand Tax Breaks for Funds to Bolster Wealth Hub Appeal
Draft legislation would extend concessions to hedge funds, private credit and digital-asset vehicles, as the city seeks to sharpen its appeal against rival hub Singapore
Jul 23, 2026 01:57 AM

: Nike Ends Topsports’ Online Sales Rights on the Chinese Mainland in Digital Overhaul
The U.S. sportswear giant will take back control of its digital channels starting Jan. 1, 2027, as it seeks to curb online discounting and restore order in a key but weakening market
Jul 23, 2026 01:04 AM