North Korea Reports Nearly 2 Million ‘Fever Cases’ in One Week

Deaths reach 63 as 7.7% of the population is sickened in a reclusive nation that rejected Covid vaccines as World Health Organization voices concern

Covid Helps Cut Tencent’s Profits in Half

Revenue grew by the smallest amount since the internet giant’s 2004 listing

In Depth: Localities Push Ahead With Personal Bankruptcy Pilots as National Efforts Stall

China has yet to create a nationwide legal framework for helping individuals escape insolvency, but local governments are making headway on their own pilot initiatives, even as they face obstacles

Weekly Must-Read: China’s Record-Breaking Unemployment Rates Amid Covid Lockdowns

Surveyed urban unemployment rate came in at 6.1% in April, while the figure for 16- to 24-year-olds hit the highest ever recorded

Shanghai Prepares to Partially Reopen Starting Sunday

Metal barriers begin coming down as authorities resume public transit operations after a month and a half of Covid-related lockdowns

Canada Bans Huawei, ZTE From 5G, Ending Years-Long Impasse

Wireless network companies that have already installed gear from the two Chinese telecommunications firms will have to remove it by the end of 2027

May 20, 2022 12:55 PM

CX Daily: China Eases Covid-19 Test Rules for Air Travelers From More Countries

Xi pledges to open China’s door wider to the outside world. Global investors continue to dump yuan bonds

May 20, 2022 08:41 AM

Xiaomi Logs First Revenue Drop as Covid, War Hurt Demand

Chinese smartphone giant loses global market share to Samsung and Apple with waning consumer confidence at home

May 20, 2022 06:18 AM

Hong Kong’s Jobless Rate Surged to 5.4% During Covid Wave

Unemployment topped expectations and was the highest since June 2021 as the underemployment rate also jumped

May 20, 2022 04:13 AM

Global Investors Continue to Dump Yuan Bonds as Treasurys, Dollar Rise

Chinese interbank bonds saw a combined outflow of more than 301 billion yuan in the past three months as yield premium vanished

May 19, 2022 09:00 PM

Opinion: Three Ways China-West Economic Ties Could Play Out Post-Pandemic

An entangled economic relationship will become a norm, with some decoupling and recoupling depending on the sector

May 19, 2022 07:24 PM

China Eases Covid-19 Test Rules for Air Travelers From More Countries

The requirements were updated to reflect the ‘current pandemic situation,’ the embassies say

May 19, 2022 07:10 PM

China’s Covid Pill Works Against Omicron, Trial Shows

Drug developed by Shanghai Junshi Biosciences and the Chinese Academy of Sciences shows good results in safety, tolerability and effectiveness in reducing viral shedding

May 19, 2022 06:56 PM

Chinese Banking Watchdog Says It’s Looking Into Rural Lenders Who Froze Online Services

The police have started an investigation into one shareholder of the village banks on suspicion it raised public funds illegally

May 19, 2022 06:45 PM

Gallery: India’s Brutal Heatwave

The South Asian country is facing a devastating heatwave that has also sparked a power crisis. In parts of the north, temperatures hit a record 49.2 degrees Celsius, scorching fields. The electricity supply also fell short of demand due in part to low coal stocks. The government banned private exports of wheat on May 13, which raised global concerns about a food shortage as the country is the world’s second-largest producer

May 19, 2022 06:30 PM

Gallery: Rail Routes Resume From Shanghai

More trains are now running out of Shanghai since the city met a key goal in stemming the Covid-19 outbreak that has put it in lockdown for nearly two months. Eight new services were added Wednesday. As a precaution, rail travelers have to take both antigen and nucleic acid tests before entering any of the city’s train stations

May 19, 2022 05:53 PM

China’s Imports of Natural Gas Fall Amid Sluggish Domestic Demand

Importers are less willing to place spot trade orders this year due to high energy prices and the impact of the pandemic, customs administration says

May 19, 2022 04:25 PM

Asia to Ramp Up Gasoline Exports to U.S. as Sky-High Prices Beckon

Pump prices have now risen above $4 a gallon in every states for the first time ever as the summer driving season approaches

May 19, 2022 04:17 PM

Singapore Air’s Second-Half Loss Narrows as Travel Picks Up

The airline reported losing $90 million for the October-March period, down from $579 million a year earlier

May 19, 2022 04:08 PM

Shanghai Composite Index Rose 0.36% on Thursday

Shenzhen Component Index closed up 0.37%

May 19, 2022 03:03 PM
Get our CX Daily and weekly Must-Read newsletters delivered free to your inbox, bringing you China’s top headlines.

We ‘ve added you to our subscriber list.

Manage subscription
Download Caixin App by

Scan & Download Caixin App

  • Available on App Store
  • Available on Google Play

Follow Us