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

TOP STORIES

: In Depth: For Worker Safety, Phony Risk Assessments Are a Hazard in Themselves
Authorities are tightening supervision over assessment agencies after uncovering counterfeit evaluation reports as the country moves to minimize risks of deadly accidents

In Depth: Perverse Incentives Plague Environmental Impact Reporting in China

: Hong Kong’s Tracker Fund ETF Closes Door to U.S. Investors
TraHK becomes another casualty of deepening financial tensions between China and U.S.

Hong Kong’s Largest ETF Suspends Investment in Chinese Firms on U.S. Blacklist
Goldman, JPMorgan and Morgan Stanley to Delist 500 Structured Products in Hong Kong

Opinion: The Who, What and Why of China’s Regulatory Campaign

Seven types of companies are in the firing line, including those viewed as ‘too big to fail.’ Overseas investors need to start to understand the government’s rationale

: Evergrande Gets More Assets Frozen as Creditors Sue Over Missed Payments
Litany of litigation sends company’s Hong Kong shares tumbling amid mounting concerns it won’t be able to repay its massive debts

In Depth: China’s Generation Z Inspires Homegrown Beverage-Makers to Take On Coca-Cola

Genki Forest and HeyTea whet investor appetites with ‘China Chic’ to earn pumped up valuations as the two go head-to-head with the U.S. giants

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More Headlines

Bota Bio Raises New Capital to Popularize Biological ManufacturingJul 30, 2021 07:13 PM
Capitalizing on Huawei’s Woes, Lenovo Thrives in Global Tablet MarketJul 30, 2021 06:26 PM
TuSimple to Build U.S. Self-Driving Truck Network Using Ryder DepotsJul 30, 2021 03:58 PM
Data-Processor Maker Yusur Closes Series A RoundJul 29, 2021 08:23 PM
Xiaomi Hires More Self-Driving Experts to Boost Its Smart-Car AmbitionsJul 29, 2021 07:03 PM

LATEST NEWS

: Nanjing Covid-19 Outbreak Originates With Russian Flight, Hotel Accused of Price Gouging During Floods, Henan’s Fatal Floods Leave 73 Dead
China’s Covid vaccine drive passes 1.6 billion doses, and authorities plan to investigate after-school education industry
Jul 30, 2021 09:10 PM

: Covid Outbreak Spreading in 15 Chinese Regions Started on a Flight From Russia, Official Says
Gene sequencing shows cabin cleaners contracted the delta variant from an imported case on the Air China flight
Jul 30, 2021 08:59 PM

: Former Senior Banking Regulator Probed by Graft Buster
Cai Esheng, who once held a senior post in the now-defunct CBRC, is under suspicion for ‘serious violations of discipline and laws’
Jul 30, 2021 08:50 PM

: China Spells Out Subjects for Tough Oversight as Education Crackdown Rolls On
Nine major subjects that are key parts of nationwide high school entrance exam will face stricter supervision
Jul 30, 2021 08:41 PM

: Tesla Drops Model 3 Price in China by Over $2,000
The trailblazer of the country’s EV market cites fall in production costs for the price cut
Jul 30, 2021 08:05 PM

: Huawei Unveils New Smartphones Without 5G, Showing That U.S. Sanctions Still Bite
The Chinese tech giant delayed its P50 models by several months as it sweated over its dwindling stockpiles of chips
Jul 30, 2021 07:50 PM

: Incompetence Caused Archegos Bust That Wiped Billions From Chinese Edtech Firms, Credit Suisse Probe Reveals
A report commissioned by the Swiss bank found no illegality behind its $5.5 billion loss on Bill Hwang’s private wealth manager, just really poor management
Jul 30, 2021 07:43 PM

: Citigroup’s China Unit Gets Nod to Launch Onshore Fund Custody Services
U.S. financial services giant hopes to give its global clients greater access to Chinese markets
Jul 30, 2021 06:58 PM

: Gallery: Chinese Cities Beef Up Measures to Control Covid
Many areas across China have upgraded epidemic controls and expanded testing as the outbreak has spread from Nanjing, East China's Jiangsu province, and Zhangjiajie, Central China's Hunan province. Beijing and the southwestern city of Chengdu have quarantined some neighborhoods. China has reported 64 cases, including 21 locally transmitted infections, as of Thursday
Jul 30, 2021 05:46 PM

: Ex-Deputy Commander in Xinjiang Busted for Graft Four Years After Removal
Yang Fulin is the fifth official in the leadership of the Xinjiang Production and Construction Corps to have been placed under investigation by the party since 2012
Jul 30, 2021 05:44 PM

: Caixin China Biz Roundup: China’s New Ambassador to the U.S.
Top diplomat vows to rebuild bilateral ties; speculation brews that Didi is considering going private, and which industries could be the next target of Chinese regulators?
Jul 30, 2021 05:17 PM

: Opinion: How Strong Is Foreign Demand for Chinese Government Bonds?
Overseas investors will keep buying CGBs due to their attractive returns and their ability to diversify risk in a portfolio
Jul 30, 2021 05:13 PM

: Exhibitions in August: Collections from Tate and the British Library, and a Last Chance to See Ryuichi Sakamoto
From golden mummies to Dunhuang murals, from Titian to Marc Chagall, search for the must-see art exhibitions and galleries in Beijing and Shanghai
Jul 30, 2021 05:01 PM

: China Stocks Slip as Traders Scramble to Price In a New Reality After Wild Week
The benchmark CSI 300 index fell 1% by the midday break, reversing the previous day’s recovery from a rout sparked by Beijing’s tightening regulatory crackdown
Jul 30, 2021 03:52 PM

: Biden Picks Kaplan as New U.S. Ambassador to Singapore
If confirmed, the ex-CEO of Pure Digital Technologies will fill a position that has been vacant since early 2017
Jul 30, 2021 03:44 PM