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

TOP STORIES

: Exclusive: Ex-CSRC Chief Yi Huiman Faces Corruption Probe Likely Linked to ICBC
While Yi was ICBC chairman, his son introduced a $4.5 billion CICC fund deal to the state-owned bank, sources tell Caixin

: Chinese Regions Dial Back Car Subsidies as Funds Dry Up
Provinces tighten eligibility, slash payouts, and run low on funds, triggering a pullback in consumer demand

In Depth: Legal Professionals See a Case for AI, but It’s Not Ironclad

The technology increases speed and efficiency for law firms, but it still can’t replace a judge

: Russia, China Move Forward on Long-Planned Gas Pipeline
Gazprom and CNPC sign an agreement to build the Power of Siberia 2 pipeline through Mongolia, Russian state media reports

Alipay Fined by Luxembourg Regulator for Anti-Money Laundering Breaches

The 214,000 euro penalty, for what the watchdog calls ‘important breaches,’ highlights the compliance challenges Chinese payment giants face when expanding into Europe

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Caixin Deep Dive: How China’s Crypto Ban Makes Disposing of Seized Assets a Lot Harder

Sep 01, 2025 05:34 PM

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LATEST NEWS

: Weekend Long Read: How Rock-and-Roll Saved a Remote Chinese School
In a mountainside village in Guizhou province, a teacher’s music lessons turned ‘left-behind’ children into viral stars, reviving a dying school and offering students a path out of poverty
Sep 06, 2025 09:00 AM

: Citi Ends UnionPay Membership Amid China Consumer Banking Retreat
U.S. bank ends membership in state card network after closing consumer business, focusing instead on corporate clients
Sep 06, 2025 03:52 AM

: Chart of the Day: Price War Takes Toll on BYD’s Profits
China’s dominant electric-vehicle maker reports its first quarterly profit drop in more than three years
Sep 05, 2025 06:46 PM

: Brazil Scrambles as Few Nations Commit to COP30 Climate Summit
Just 68 of nearly 200 countries have confirmed attendance, with organizers blaming soaring hotel prices two months before the conference in the city of Belém
Sep 05, 2025 06:04 PM

: Business Brief (Sept. 5): Nasdaq to Toughen IPO Rules for Chinese Firms
China targets over 7 trillion yuan for its sports industry by 2030, Huawei unveils a new trifold phone featuring a Kirin chip
Sep 05, 2025 05:21 PM

: Commentary: The Enduring Logic Behind Gold’s Record Highs
Geopolitical shifts, a weakening dollar and eroding faith in central banks are fueling a long-term rally that has yet to peak
Sep 05, 2025 12:40 PM

: Commentary: Trump’s Tariffs Face a Supreme Court Showdown
A federal appeals court ruled the president’s IEEPA levies illegal. But with an appeal filed and billions in refunds on the line, the final word from the justices won’t come soon — and the White House has other trade weapons ready
Sep 05, 2025 12:33 PM

: Weekly Must-Read: China’s Factory Exodus Is Turning Vietnam Into the World’s Assembler
Tariff gap is attracting businesses, but that could vanish in a single political decision
Sep 05, 2025 10:00 AM

: CX Daily: Legal Professionals See a Case for AI, but It’s Not Ironclad
Chinese illegal margin financing mastermind surrenders U.K. assets.
Sep 05, 2025 09:00 AM

: Trump’s Crypto Pivot Puts Binance’s Zhao Back in Play
After prison and penalties, the Binance founder bets on a thaw in U.S. regulation as Trump-backed WLFI surges across major exchanges
Sep 05, 2025 04:47 AM

: Nasdaq Proposes Stricter IPO Rules, Raising Bar for Smaller Chinese Listings
Plan boosts fundraising thresholds, accelerates delisting process for smaller firms as U.S. scrutiny persists
Sep 05, 2025 04:29 AM

: China Slaps Up to 78% Tariffs on U.S. Fiber Optic Imports in First-Ever Anti-Circumvention Case
Move follows six-month probe as Beijing accuses American producers of skirting existing trade duties
Sep 05, 2025 04:26 AM

: Exclusive: Chinese Illegal Margin Financing Mastermind Surrenders U.K. Assets
Song Shijie has been on the lam from Chinese authorities over his alleged involvement in criminal securities transactions and money laundering
Sep 04, 2025 08:37 PM

: Trade Minister Touts Malaysia’s Advantages as a Chip Investment Destination
The Southeast Asian nation has spent more than 60 years cultivating its local industry and has a plan to advance up the value chain, Tengku Zafrul Aziz says
Sep 04, 2025 06:33 PM

: Business Brief (Sept. 4): U.S. 30-Year Treasury Yield Tops 5%
The U.S. tightens visa waiver policy for nonimmigrants, Hong Kong’s property market sales hit a four-year high
Sep 04, 2025 05:32 PM

: Tighter Visa Scrutiny Drives Chinese STEM Students to Give Up on a U.S. Education
Tougher interviews, stricter reviews and a surge in denials are forcing many students from China to abandon hopes of going to an American university
Sep 04, 2025 05:08 PM