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

TOP STORIES

: In Depth: AI Distillation in China Leaves U.S. Tech Giants at Odds
OpenAI and Anthropic are urging Washington to act against what they see as copying the capabilities of their models, even as Nvidia, Meta and Microsoft argue that the method is an essential tool for innovation

: In Depth: As Gold Goes Digital, Hong Kong Vies for London’s Crown
Driven by blockchain technology and geopolitical change, global and regional financial hubs are pairing physical storage with digital infrastructure in a challenge to the city’s long-standing dominance of the worldwide market for the precious metal

China’s Online Lenders See Profits Plunge as New Rules Bite

Stricter regulations on interest rates and bank partnerships have decimated the traditional business models of publicly traded consumer-lending platforms

: China’s DeepSeek Launches Smaller, Faster AI Model
V4.1-Flash arrives as Chinese developers increasingly compete on both frontier performance and cost efficiency

In Depth: How China’s Nickel Boom Left One Village Sitting Next to a Mountain of Slag

A 12-story heap of smelting byproduct has become a glaring symbol of the deficiencies in the country’s industrial waste recycling system, driven by a real estate slump, lax local enforcement and a bitter dispute over construction safety standards

INSIGHT

In Depth: Chinese Students Flock to State Jobs as Economic Anxiety Reshapes College Choices

Cover Story: The School at the Edge of China’s Education Dream

Analysis: Why China Is Rewriting Its Stock Market Refinancing Rules

Caixin Explains: How China’s New Housing Rules Rewrite Property Financing

A-Share Database >>

China Business Uncovered Podcast: Inside Italy’s Chinese Underground Banking Rings

Aug 28, 2026 03:48 PM

00:00/00:00

LATEST NEWS

: Tech Monopolies Could Blunt AI’s Economic Gains, Warns Nobel Laureate Aghion
Nobel economist Philippe Aghion says governments must address monopolistic tendencies to fully realize AI’s productivity benefits
Sep 10, 2026 06:47 PM

: China Aims to Make Local Exchanges the Top Choice for Quality Companies
The securities regulator will introduce more inclusive rules for share issuances, listings and M&A, Vice Chairman Li Chao says
Sep 10, 2026 06:16 PM

: Hong Kong’s Corruption Watchdog Charges Ex-Alipay Employees With Contract Fraud
The Independent Commission Against Corruption accuses two former employees of Alipay Payment Services of abusing their positions to secure an app development deal for a company controlled by their wives
Sep 10, 2026 06:10 PM

: China Speeds Up Drug Price Talks as Commercial Insurance Fast-Track Loses Steam
Pharmaceutical companies face tightened scrutiny and a cooling commercial insurance track as Beijing seeks to balance medical innovation with fund sustainability
Sep 10, 2026 10:31 AM

: China Expels Former Inner Mongolia Party Chief Over Corruption
Sun Shaocheng, who also served as China’s first minister of veterans affairs, faces criminal charges for alleged bribery, nepotism and superstitious practices
Sep 10, 2026 09:46 AM

: CX Daily: AI Anxiety in China Fuels a Gold Rush in Job Training
Workers are spending big on AI bootcamps as companies raise the bar for technical and professional skills
Sep 10, 2026 09:00 AM

: China’s Shift to Completed-Home Sales Cools Land Market
A push toward completed-home sales is reshaping developers’ investment decisions, cooling land auctions and complicating revenue prospects for local governments long reliant on land finance
Sep 10, 2026 03:11 AM

: Copper Near Record High as U.S. Tariff Fears and AI Demand Tighten Market
London copper briefly touched an all-time high of $14,780 a ton as traders rushed supplies into the U.S. ahead of possible tariffs and investors bet that AI, electrification and grid expansion will keep demand rising
Sep 10, 2026 01:26 AM

: Haidilao Shares Slide After Founders’ Family Trust Sells $351 Million Stake
Block trade by an offshore trust linked to chairman Zhang Yong’s family surprised investors and raised questions about whether China’s new offshore-trust tax rules played a role
Sep 10, 2026 12:53 AM

: Arm Lands Lenovo, ByteDance Unit as First China Customers for AGI Chip
British chip designer Arm is pushing beyond licensing into full chip sales, betting its new AGI CPU can win a larger role in China’s expanding data-center market for agentic AI
Sep 10, 2026 12:29 AM

: JD.com Unveils AI Logistics Push With 100,000-Chip Cluster, Millions of Robots
The retailer is partnering with Moore Threads for domestic computing power and plans to buy 3 million robots over five years to automate its supply chain
Sep 09, 2026 11:30 PM

: Infront Sells Majority Stake in HYROX to L Catterton-Led Group
Deal returns control to HYROX’s founders as the fitness-racing brand rides rapid global growth and surging demand on the Chinese mainland
Sep 09, 2026 10:16 PM

: China Inflation Accelerates on Global Energy Prices
Energy costs push consumer prices higher as factory-gate inflation beats forecasts
Sep 09, 2026 08:27 PM

: China’s Passenger Car Sales Slump 24% in August
Monthly sharp decline puts a full-year contraction nearly inescapable even as automakers intensify promotions
Sep 09, 2026 07:10 PM

: In Profile: The Rock Music Aficionado Behind China’s Moonshot AI
Yang Zhilin, 33, has led the Kimi model developer to a $50 billion valuation by combining an artistic sensibility with cutting-edge tech, but past shareholder disputes and fierce competition loom over its upcoming public debut
Sep 09, 2026 06:27 PM

: China GT Boycotted After Fiery Crash
Racing teams announce withdrawal from the event after a delayed rescue during a multicar crash exposed severe shortcomings in emergency procedures
Sep 09, 2026 05:23 PM