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40 Years of Reform

China 40 Years of Reform News - Caixin Global

Looking back at how China started to look to the outside world, gradually broke away from a Soviet-style planned economy and embraced the market since 1978

How the Compass Used to Steer China’s Reforms First Took Form on a Boat in 1985

The first installment in a five-part series about the economists behind China’s reform

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10 18, 2025 03:13 AM

Panda Bonds Hit Record as Policy Shift Drives Global Yuan Demand

Low yields play a role, but regulatory freedom to deploy proceeds offshore is what’s drawing global issuers to the yuan

10 17, 2025 19:56 PM

Weekend Long Read: How Singapore’s ‘Chief Architect’ Helped Shape Reform in China

Goh Keng Swee, at the personal invitation of Deng Xiaoping, brought the lessons of the city-state’s success, offering a pragmatic roadmap for opening the Chinese economy

10 17, 2025 15:58 PM

Fuyao Glass Founder Passes the Baton to Son

The 79-year-old Cao Dewang hands over the reins of world’s largest auto glass maker after nearly 40 years in charge, but will remain a director and honorary chairman for life

10 16, 2025 00:45 AM

Tax Hiring Surges as China Cuts Government Job Openings for First Time Since 2019

Beijing ramps up fiscal recruitment while shrinking other agencies amid youth joblessness and economic headwinds

10 13, 2025 16:20 PM

Commentary: To Globalize the Yuan, China Must Fix Its Bond Market

Beijing has made strides in building the world’s second-largest debt market, but deep-seated flaws and low foreign ownership prevent the yuan from achieving its potential as a true reserve currency

09 22, 2025 17:14 PM

Commentary: Detention for ‘Defaming’ an official on Social Media — Where Is the Boundary for Punishing Speech?

Gao Guanghua's detention for a social media post was overturned. His case highlights the fragile line between slander and public speech that holds officials accountable

09 16, 2025 16:38 PM

Analysis: Why Many Chinese University Graduates Are Going to Vocational School

A competitive job market and a desire for blue-collar skills are pushing a growing number of highly educated individuals into ‘reverse advancement,’ a trend that is challenging traditional views on academic success

09 08, 2025 04:47 AM

Cover Story: How the Yuan is Taking Over the Dollar’s Role in Global Trade

Economists argue an offshore yuan stablecoin could offer a viable alternative to the dollar

09 01, 2025 09:55 AM

Business Brief (Sept. 1): Xi Meets Modi, Calling for Stronger Strategic Communication

The U.S. tightens export controls on chipmakers in China, China PMIs show modest recovery

08 29, 2025 16:27 PM

Commentary: In Henan, a Labor Mismatch Tests Beijing’s Economic Vision

Beijing wants to become a high-tech manufacturing power, but its universities are churning out unemployable graduates; a turn toward specialized vocational training, modeled on Germany’s system, is the answer

08 29, 2025 15:05 PM

Commentary: To Fuel Its Future, China Must Open Up Services

Beijing’s service industry has grown slowly in recent years, lagging behind historical trends. Now, policymakers are focusing on institutional opening and aligning with international standards to unlock new economic momentum

08 29, 2025 11:55 AM

Commentary: China’s ‘AI+’ Action Plan Aims for a Smart Economy

The State Council’s new road map to 2035 details a three-stage strategy to integrate artificial intelligence across science, industry, consumption, and governance

08 22, 2025 04:05 AM

China Expands M&A Loan Policy to Support Minority Equity Deals

Shake-up of M&A loan rulebook is aimed at boosting corporate restructuring and investment.

08 21, 2025 04:38 AM

How Ambition and Accidents Toppled the Chief of Shanghai’s State Investment Giant

The rise and fall of Shanghai’s investment king, now under investigation for corruption

08 19, 2025 10:29 AM

Commentary: Future Opportunities in an Era of Great Upheaval

America’s power is fading as its domestic problems compound. for the rest of the world, this portends an era of instability, but also historic opportunities for those prepared to seize them

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