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

TOP STORIES

: Cover Story: China Restarts Stalled Property Megaproject in State-Led Takeover
Consortium takes over collapsed private project, underscoring Beijing’s push to deal with distressed real estate assets

: China Widens Probe Into $6.8 Billion Bad-Loan Case Tied to Tianjin Skyscraper Project
Two former Bank of China executives under investigation as Goldin-linked loan fallout deepens

Former CSSC Shipping Chairman Under Graft Probe

Investigation adds to scrutiny of China’s fast-growing ship-leasing industry

: Caixin Explains: How China Plans to Pay for Its Urban Renewal Push
Beijing is channeling 257 billion yuan into housing upgrades and underground infrastructure in 2026, while testing policies to draw private capital into low-return redevelopment projects

Japan Watchdog Seeks Penalties Against Futu’s Moomoo Unit

Securities regulator cites failures in tax-free investment products, asset transfers and anti-money-laundering controls as Futu faces pressure at home

INSIGHT

In Depth: Huawei’s Bid to Rewrite the Rules of Chip Scaling

Cover Story: How AI Took Over China’s Micro-Drama Industry in 90 Days

Analysis: China’s Local Fiscal Recovery Hides Scramble to Plug Budget Holes

Caixin Explains: China Arms Itself With New Outbound Investment Rules

A-Share Database >>

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

Apr 24, 2026 06:57 PM

00:00/00:00

LATEST NEWS

: China Begins Testing on $10 Billion Trade Canal to Southeast Asia
The 134-kilometer Pinglu Canal in Guangxi promises to slash shipping times, but a broader wave of provincial waterway projects is fueling concerns over mounting local debt
Jun 09, 2026 03:19 AM

: China May Car Sales Fall 22% as High Fuel Prices Hit Gas Cars
High oil prices have hit sales of internal-combustion-engine vehicles, driving NEVs to a record 62.9% market share in May, even as overall passenger-vehicle sales fell 22.1%
Jun 09, 2026 03:02 AM

: China’s Top Financial Regulator Targets Small-Bank Risks, Property Funding and Local Debt
At its first major policy meeting under Ding Xiangqun, the NFRA called for differentiated competition and consolidation among weaker financial institutions
Jun 09, 2026 02:45 AM

: Xi, Kim Pledge Closer China-North Korea Ties During Pyongyang Meeting
Chinese leader lays out four-point plan to deepen strategic communication, economic cooperation and political coordination with North Korea
Jun 08, 2026 11:03 PM

: UBS Sees Hong Kong IPO Fundraising Reaching $50 Billion in 2026 on Tech Surge
Tech startups make up over 60% of new share sales this year, while UBS forecasts the Hang Seng Index could breach 30,000 points as global investor demographics shift
Jun 08, 2026 10:13 PM

: Founder of Bankrupt Luxury Auto Dealer Baolide Detained in Fraud Probe
The Zhejiang-based dealership group raised billions of yuan from prominent investors before collapsing under allegations of false accounts and misused funds
Jun 06, 2026 04:09 AM

: JD.com to Open First Hong Kong Appliance Store in Global Push
The e-commerce giant plans to open up to eight JD Malls in the city over the next three years
Jun 08, 2026 07:15 PM

: China Extends Gold Buying Streak as Prices Ease
Gold reserves rise for 19th straight month as central bank continues steady accumulation
Jun 08, 2026 07:01 PM

: Business Brief (June 8): China Approves Five-Year Employment Plan
Dreame reportedly under government inspection, ByteDance says it has no plans to manufacture cars
Jun 08, 2026 06:54 PM

: China’s Robotics Industry Index Rises 6.4%
The increase in May came as the sector’s exports grew far faster than production and companies stepped up recruitment
Jun 08, 2026 05:05 PM

: U.K. Court Advances Chinese Victims’ Claims to $3.8 Billion Bitcoin
About 16,000 Chinese victims enter U.K. civil recovery process over seized bitcoin
Jun 08, 2026 04:51 PM

: Opinion: Preparing for the Inevitable Shock of AI
Proactive adaptation and robust safety nets are essential to ensure the artificial intelligence revolution benefits all workers
Jun 08, 2026 02:18 PM

: Poly Property Snags Shenzhen Plot for Record High Price in Furious Bidding War
The intense 291-round auction pushes the unit price of the residential land in the city’s Nanshan Science and Technology Park past a previous peak set in 2025, highlighting state developers’ appetite for scarce premium assets
Jun 08, 2026 01:30 PM

: CX Daily: Can AI Therapists Read Your Mind?
China’s companies, hospitals and schools are testing chatbots for emotional support, screening and treatment
Jun 08, 2026 09:00 AM

: China Tightens Oversight of $3.4 Trillion Private Fund Industry
State Council guidelines target illegal fundraising, weak risk controls and inefficient use of state capital while backing funds aligned with national priorities
Jun 06, 2026 02:52 AM

: The Week Ahead: Xi Visits North Korea; SpaceX Sets for IPO
Cross-border brokerages start to restrict services for Chinese mainland clients; Apple holds Worldwide Developers Conference
Jun 06, 2026 12:19 AM