Caixin

In Depth: Why There Will Be No Quick Cure for Trade After the Pandemic

As China gets back on its feet, Covid-19 has the rest of the world still reeling, and the economic fallout now appears likely to be worse than the effects of the 2008 financial crisis

China Business Digest: Central Bank Cuts Reserve Requirements for Regional Lenders

Caixin China services PMI comes off all-time low; global coronavirus cases pass 1 million, Luckin’s stock tanks

FAO Calms Fears of Food Shortages After Countries Impose Export Curbs

Revised estimates of 2019 grain yields indicate world has enough supplies to see through Covid-19 crisis, UN body says

Q&A: New York Emergency Room Doctor Says It’s Just Getting 'Worse and Worse’

Dr. Calvin Sun describes how the city’s health care system is straining under the surging numbers of Covid-19 cases, as patients are coming in sicker and younger

Cats More Susceptible to Coronavirus than Dogs, Scientists Say

Feline subjects of Harbin lab tests didn’t show any of the symptoms common in humans, but blood tests reveal they fought the virus

Coronavirus Makes China’s Festival for the Dead More Distant Than Usual

Families turn to paying virtual respects for ancestors on Qingming as authorities restrict access to most cemeteries to prevent a resurgence of coronavirus infections

Apr 05, 2020 08:41 PM

Caixin China Biz Roundup: Sunday Long Read — In Depth: How a Rugged Covid-19 Recovery Puts More Than 100 Million Jobs at Risk

This episode unveils how millions of jobs remain on the line as the domestic labor market faces trickier and more lasting challenges than even during the 2008 financial crisis

Apr 05, 2020 05:00 PM

Caixin China Biz Roundup: Saturday Long Read — Wuhan’s Covid-19 Crisis Is Easing. Its Mental Health Issues Are Just Beginning

While the risk of contagion seems to be fading in Wuhan, the traumatic episode has left many with psychological wounds that are far from healed. Will China’s mental health system be able to cope?

Apr 04, 2020 05:00 PM

JPMorgan Unit Steps Closer to Taking Over Its Chinese Mutual Fund Venture

U.S. bank was among the first foreign companies to seek to wholly own their mutual fund operations in China

Apr 04, 2020 02:27 PM

China Holds Day of Mourning for Coronavirus Victims

People across the country fell silent for three minutes to honor the patients who succumbed to Covid-19 and the people who died fighting it

Apr 04, 2020 12:28 PM

In Luckin Debacle, Who’s to Blame for Missing Massive Fraud?

While Ernst & Young is said to have finally uncovered $310 million overstatement of 2019 revenue, anonymous report back in January was cited by short seller Muddy Waters

Apr 04, 2020 04:57 AM

HNA’s Swissport Hires Houlihan Lokey to Advise on Debt

Beleaguered airport ground services provider weighs restructuring $1.7 billion of debt as it faces new liquidity crisis amid coronavirus pandemic-driven freezing-up of air travel

Apr 04, 2020 04:40 AM

China Dismisses Shortage Concerns as Neighbors Ban Food Exports

Multiple countries have limited or banned agricultural exports in recent weeks, including Cambodia, which shipped 40% of its rice exports to China last year

Apr 03, 2020 10:30 PM

Opinion: Luck Runs Out for Starbucks Challenger Luckin

Former highflyer that grew to surpass Starbucks in China in just two years will likely face a serious cash crunch and possible collapse after revelation of $310 million in faked revenue last year

Apr 03, 2020 10:09 PM

China Vanke Staff Donate $749 Million for Coronavirus Research Institute

Employee share ownership fund donates entire holding in property developer to fund school with Tsinghua University

Apr 03, 2020 10:08 PM
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