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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

MOST RECENT
10 28, 2026 16:06 PM

Commentary: What China’s Record Trade Surplus Does — and Doesn’t — Tell Us

Record exports don’t by themselves prove an external imbalance. Beijing’s priority should be household welfare, not a smaller trade surplus

10 19, 2026 22:30 PM

China’s Second-Tier New-Home Prices Flatten as Property Slump Persists

September’s pause in price declines masks an uneven market, with higher-end project launches supporting averages while developers continue to discount

10 16, 2026 17:08 PM

In Profile: From Land Finance to Microloans, Huang Qifan’s Chongqing Legacy Faces a Reckoning

The former Chongqing mayor weathered political storms and built a reputation as one of China’s most influential local economic technocrats. His investigation has renewed scrutiny of the state-finance platforms and lenders that powered the city’s rise

10 15, 2026 11:57 AM

Commentary: The IMF’s Blueprint for China Meets Institutional Reality

Beijing knows it needs to shift from investment to consumption, but entrenched interests and complex state-market linkages make the transition far more agonizing than foreign technocrats realize

10 12, 2026 15:54 PM

Opinion: To Build a Nobel Powerhouse, China Must Let Its Scientists Breathe

True innovation requires more than massive funding and published papers; it demands fundamental research free from rigid academic evaluation

10 09, 2026 11:59 AM

Former Guangzhou Party Chief Placed Under Investigation

Zhang Shuofu, now a vice chairman of Guangdong’s legislature, is investigated after a career spanning water management, Beijing’s supervisory overhaul and Guangzhou urban renewal

09 29, 2026 15:58 PM

‘Build Bridges, Not Walls’: Ex-Singapore DPM Calls for Global Resilience

Heng Swee Keat says stability, adaptation and cooperation are key to navigating technological and geopolitical shifts

09 24, 2026 11:57 AM

China Weighs Dedicated Law for Regulatory Review System

Planned legislation would consolidate fragmented review systems across China’s state institutions and could give authorities stronger powers to revoke unlawful local rules

09 03, 2026 13:27 PM

China’s Power-Supply Mismatch Is Creating New Opportunities, PCG Power Chairman Says

Li Wenxuan says flexible pricing, virtual power plants and electricity trading will gain importance as renewable generation expands

09 01, 2026 18:10 PM

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

Mortgages for presold homes will be withheld until projects are completed, forcing developers and banks to rethink how construction is financed

08 31, 2026 13:42 PM

Opinion: Calibrating China’s Economic Policy for the Next Phase of Growth

To address weak demand, Beijing must transition from seeking top-line growth to implementing targeted fiscal measures that support households and small businesses

08 31, 2026 12:20 PM

In Depth: China’s Provinces Court Retirees With Health-Tourism Subsidies

Local governments are deploying land incentives and cash subsidies to attract wealthy, healthy retirees, but experts warn the rapid boom is fueling real estate scams and straining medical infrastructure

08 29, 2026 00:10 AM

China Raises Threshold for New-Home Presales Under New National Standard

New rules require residential projects to be structurally topped out before units can be sold, tightening developer cash flow while seeking to better protect buyers and reduce unfinished-home risks

08 14, 2026 13:12 PM

Commentary: The Phantom Menace of Chinese Overcapacity

Western accusations of dumping stem from a fundamental misunderstanding of China’s economic reality. The country’s export surge is driven by brutal domestic competition and a structural failure to stimulate household consumption

08 12, 2026 17:04 PM

Commentary: CXMT Bet Offers a New Fiscal Playbook for Local Governments

The mega listing of CXMT highlights a concerted pivot by local municipalities toward state-backed equity investments, but challenges loom for this new economic model

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