Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan
Sep 29, 2022 10:44 PM

Gallery: China’s Homegrown Jet Is Ready for Takeoff

China has certified the C919, its single-aisle commercial passenger plane, to carry 156 to 168 passengers. Work on the aircraft, developed by domestic engineers, began in 2008, with the prototype completed in 2015. The C919 has a range of 4,075 to 5,555 kilometers. Chinese aircraft manufacturer Comac has received 815 orders for the aircraft from 28 clients. The plane is expected to be put into commercial use beginning next year

Sep 30, 2022 04:52 PM

Former Shanghai Chief Prosecutor Booted From Communist Party for Graft

Zhang Bencai interfered with judicial activities and accepted ‘large amounts’ of money and valuables as bribes, China’s anti-corruption watchdog found

Sep 30, 2022 03:38 PM

China Ramps Up Housing Support but Analysts Say It’s Not Enough

Eligible cities will be able to maintain, lower or remove the minimum interest rates set for loans that go toward primary-home purchases

Sep 30, 2022 03:05 PM

Shanghai Composite Index Fell 0.55% on Friday

Shenzhen Component Index closed down 1.29%

Sep 30, 2022 03:03 PM

China on Alert With Yuan at the Mercy of Overseas Traders

The currency traded in Shanghai is matching a record run of monthly losses set during the height of the U.S.-China trade war four years ago

Sep 30, 2022 03:02 PM

China Junk Dollar Bonds Extend Record String of Quarterly Losses

The developer-dominated market for such debt has lost 9.5% since the start of July, a Bloomberg index shows

Sep 30, 2022 02:58 PM

BlackRock, Allianz Join $300 Million Funding in Indonesia’s Traveloka

The Jakarta-based online travel startup says it struck a deal for financing with investors that also include the Indonesia Investment Authority

Sep 30, 2022 02:54 PM

Weekly Must-Read: Has China’s Monetary Policy Reached Its Limit?

Structural changes in the economy and weak demand for credit are limiting the effectiveness of interest rate cuts and other monetary policy tools

Sep 30, 2022 11:00 AM

CX Daily: Lessons From The Chinese Silk Road Fund’s Eight-Year Journey Along The Belt And Road

Xi and Japan’s Kishida discuss the future of bilateral relations. A gas explosion at a restaurant in Changchun leaves at least 17 dead

Sep 30, 2022 09:57 AM

China Issues Type Certification to Homegrown C919 Jetliner

Photos on social media show ceremony clearing Comac to start delivering new plane to customers after 14 years of development

Sep 30, 2022 04:54 AM

China Vows to Speed Up Delayed Housing With Special Loans

Central bank may expand program as it rolls out city-specific policies intended to address the year-long real estate debacle

Sep 30, 2022 04:39 AM

Philippines to Deport 40,000 Chinese in Shutting Down 175 Online Casinos

Crackdown on lucrative industry triggered by reports of murders, kidnappings, extortion and other crimes involving Chinese workers, justice ministry says

Sep 30, 2022 03:38 AM

Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan

Central bank says speculators will lose money in the long term; Beijing’s big ambitions for hydrogen-fueled cars; and Anxin gets cleared to resume its core trust business

Sep 29, 2022 10:44 PM

Restaurant Blaze Kills 17 in Northeastern China

The incident at a tech zone in the city of Changchun has been blamed on a leaking liquefied natural gas tank and blocked fire escapes

Sep 29, 2022 09:54 PM

Photo Essay: Pioneering Chinese Lawyer Teaches Law to the Deaf

Tang Shuai uses sign-language in online videos and live broadcasts to educate the hearing-impaired, while cultivating multilingual interpreters with knowledge of the legal system

Sep 29, 2022 09:52 PM
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