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’s AI Boom Is Rewiring Its Power Grid
Driven by AI’s huge thirst for energy, China is moving data hubs to the desert and testing virtual power plants to synchronize digital growth with green energy

: Chinese Business Group Urges EU to Ease New Foreign Investment Restrictions
The China Chamber of Commerce to the EU warned that the bloc’s proposed Industrial Accelerator Act would violate WTO principles and called for more flexible local content requirements

Iran Clears Chinese Cargo Ships as Strait of Hormuz Sees Chaotic Reopening

While Tehran released Chinese and Greek vessels following diplomatic efforts, South Korean and Saudi tankers resorted to evasive maneuvers to navigate the contested waterway

: Global Issuers Flock to Yuan Bonds at Record Pace
Onshore and offshore debt issuance surges as foreign firms lock in cheaper financing

Former State Oil Executive Gets Suspended Death Sentence for Bribery

CNOOC Deputy General Manager Yuan Guangyu accepted more than $22 million over two decades, a court said, amid a sweeping corruption crackdown that has ensnared more than a dozen current and former executives at the oil giant since 2024

INSIGHT

In Depth: How AI Is Rewiring White-Collar Work in China

Cover Story: When Employees Leave, Their AI Clones Carry on Working

Analysis: China’s New Jobs Plan Zeros In on AI, Youth Employment

Caixin Explains: How China Plans to Pay for Its Urban Renewal Push

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

Apr 24, 2026 06:57 PM

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LATEST NEWS

: China’s Fiscal Revenue Rises on Stock Boom but Spending Shrinks
Local government strain deepens as May land sales tumble 36%
Jun 23, 2026 12:30 PM

: Former Shenzhen Political Adviser Expelled From Party in Corruption Case
The former chairman of the Shenzhen political advisory body has been expelled from the Communist Party over allegations of bribery, trading power for money and failing to instill proper values in his family
Jun 23, 2026 12:17 PM

: CX Daily: China’s AI Boom Is Rewiring Its Power Grid
Amid the AI boom, China is moving data hubs to the desert and testing virtual power plants to synchronize digital growth with green energy
Jun 23, 2026 09:00 AM

: China Bans Exports of Dual-Use Items to 10 U.S. Entities
Move comes after Pentagon expanded its military-linked company list to include Alibaba, Baidu and BYD
Jun 22, 2026 07:25 PM

: In AI Pitch, Alibaba Chairman Urges Europe to Look Beyond U.S. Tech
Joe Tsai tells European companies that Chinese open-source models such as Qwen can help them diversify their technology and protect their data
Jun 22, 2026 07:05 PM

: Business Brief (June 22): China Rolls Out Sweeping Plan to Boost AI-Driven Consumption
Beijing urges platform giants to partner with SMEs in future industries, while AI startup Zhipu completes tutoring for Shanghai IPO
Jun 22, 2026 06:48 PM

: China Tightens SME Payment Rules as Local Debt Squeezes Supply Chains
A new six-month cap on supply chain financing exposes the toll of unpaid local government bills on state contractors
Jun 22, 2026 05:59 PM

: China Advances Overhaul of Supply Chain Finance Market
Industry group reviews first batch of platforms as corporate self-built systems face phase-outs
Jun 22, 2026 04:29 PM

: PBOC Explores Contingent Liquidity Backstop for Nonbanks
Facility aims to bypass commercial lenders during severe market stress
Jun 22, 2026 03:11 PM

: Studio Chief Behind Megahit ‘Ne Zha 2’ Lays Out AI’s Limits in Animation
Enlight Media Chairman Wang Changtian says the technology cannot address shortages of directors and scripts, and is unlikely to completely replace filmmaking
Jun 22, 2026 02:48 PM

: Opinion: China Targets Online Extortion in Defense of Private Enterprise
A new industry pact forces tech platforms to proactively scrub malicious rumors and penalize rogue influencers
Jun 22, 2026 01:40 PM

: Japan Raises Visa Fees as Chinese Tourists Pull Back
Higher costs come as mainland Chinese arrivals fall for a sixth straight month
Jun 22, 2026 11:05 AM

: Weekend Long Read: How a Free Lunch Helps With a Quiet Crisis in Aging Rural China
As young people migrate to cities, one hollowed out village is fighting elderly isolation and malnutrition by turning an abandoned elementary school into a free dining hall for its oldest residents
Jun 20, 2026 09:00 AM

: Experts Push for More Fiscal Spending to Boost China’s Weak Domestic Demand
Two economists said at the Caixin Summer Summit that current subsidies are insufficient, calling for stronger central government support
Jun 19, 2026 06:49 PM

: Analysis: China’s New Jobs Plan Zeros In on AI, Youth Employment
The roadmap aims to harness artificial intelligence to create new work opportunities while focusing more on college graduates, as the country grapples with shifting labor demand and a high jobless rate among young people
Jun 19, 2026 04:57 PM

: China Should Lean More on Private Capital for Tech Innovation, Investor Says
Hopu Investments founder says state-backed funds have trouble accepting the risks that come with early-stage startups
Jun 19, 2026 01:34 PM