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

: Japanese Companies List Concerns About Doing Business in China
Chamber of commerce issues annual white paper, calling for less ambiguity and more predictability in China’s policies affecting foreign businesses

: Demand Swells for Chinese Shipping Crews Amid Global Shortage
Many operators are avoiding taking on mates from India and Southeast Asia in the wake of Covid flare-ups in those regions

Analysts expect the Chinese market for the see-through plastic braces the company makes to grow eightfold in coming years

: Update: China Launches First Manned Mission to New Space Station
The Shenzhou-12 spacecraft took off Thursday morning, carrying three astronauts into orbit to crew the Tiangong station

Shenzhen to Set Up Fund to Manage Carbon Credit Sales Income

Fund could help pave the way for a similar one linked to the nationwide carbon market that will be up and running this month

: China’s Plummeting Hog Prices Trigger New Mechanism That May Lead to State Buying
Nation’s top economic planner seeks to stabilize market by taking a more active role in building and dispensing government pork reserves to stem slide in prices
Jun 17, 2021 08:32 PM

: Shenzhou-12 Spacecraft Launches, Covid-19 Grounds Air China Flight, China’s Vaccine Tally
Guangdong reports four new local Covid-19 cases, government says three-child policy could boost fertility levels
Jun 17, 2021 08:01 PM

: Chinese Vaccine Certificates Gain Traction Abroad; Singapore Shipwrecks; Delhi Lockdown Lifted
The 10 international stories popular on Chinese social media include a letter by the Dutch king’s daughter and a U.S. military assault in South Korea
Jun 17, 2021 07:56 PM

: South China Energy Market in Chaos Over Trial Policy Issues, Supply Squeeze
Power rationing, hot weather demand, and new trading system put pressure on Guangdong’s grid
Jun 17, 2021 07:43 PM

: Gallery: The Three Chinese Astronauts Sent Into Orbit
China launched the Shenzhou-12 spacecraft into orbit at 9:22 a.m. Thursday from the Jiuquan Satellite Launch Center in the Gobi Desert in northern China. Astronauts Nie Haisheng, Liu Boming, and Tang Hongbo will build Tiangong, a space station placed in low Earth orbit, for three months. It’s the country’s seventh crewed mission into space since 2003. China has sent 12 people into space as part of the Shenzhou program
Jun 17, 2021 07:31 PM

: Caixin China Biz Roundup: Influencer Accuses Billionaire Heir of Harassment
Internet celebrity alleges that Wanda tycoon’s son turned up at her home uninvited and sent her threatening text messages; British footwear giant behind Dr. Martens boots takes fast fashion app Shein to court for copyright infringement; and China launches its first manned mission to its new space station
Jun 17, 2021 06:41 PM

: Opinion: Bitcoin Is Not a Financial Trojan Horse From China
The cryptocurrency’s volatility makes it difficult to spend and a poor store of value —in other words an ineffective tool for undermining the U.S. dollar
Jun 17, 2021 06:37 PM

: Top Traders Say China is Fueling Global Crop 'Mini-Supercycle'
Demand for biofuels and continued grain buying from the country are likely to sustain high prices
Jun 17, 2021 05:41 PM

: Russia Joins China in Mapping Out Lunar Research Station
Building the facility would put the two countries in a race against a U.S.-led effort to send astronauts to the moon
Jun 17, 2021 05:24 PM

: China’s Campaign to Rein In Commodities Prices Goes Into Overdrive
State-owned enterprises ordered to control risks, limit exposure to overseas markets as the government tries to ease the threat to the economic recovery from soaring raw material costs
Jun 17, 2021 05:13 PM

: Nidec Revs Up Development of Electric Vehicle Motors With Chinese Research Center
Japanese company to boost workforce to meet China demand for new-energy cars
Jun 17, 2021 04:30 PM

: Laos to Sell Vietnam Its Wind Power With Mitsubishi’s Help
Cross-border power-sharing is expected to increase in Southeast Asia
Jun 17, 2021 04:25 PM

: Shanghai Composite Index Rose 0.21% on Thursday
Shenzhen Component Index closed up 1.23%
Jun 17, 2021 03:03 PM

: CX Daily: Embattled Huarong to Sell Multibillion-Dollar Assets as Rescue Plan Gets Underway
The owner of Dr. Martens sues Chinese fast-fashion unicorn Shein. China plans to launch three astronauts into space Thursday
Jun 17, 2021 09:20 AM

: Chinese Brands Top Euro 2020 Sponsorship
Hisense, Alipay, Vivo and TikTok aim to raise their visibility in Europe by backing the pandemic-delayed European soccer tournament
Jun 17, 2021 07:37 AM