Caixin

China Issues Roadmap for Carbon Neutrality by 2060

The guidance, which covers broad swathes of the economy, includes the target of 80% of energy consumption coming from non-fossil fuel sources

Yuanfudao Denies It’s Pivoting From Online Education to Winter Jackets

Recent push into down-jacket marketing by its parent company could be tied to Yuanfudao efforts to capitalize on its official sponsorship of 2022 Winter Olympics, industry insiders say

China Potash Fertilizer Price Dip Could Prove Short-Lived, Analysts Warn

Last week's release of potash reserves follows moves by state regulators to take fertilizer producers to task, warning against price gouging, hoarding, and misinforming the public about surging prices

Oct 25, 2021 09:01 PM

Foreign Ministry Spokesperson Promoted to Assistant Minister

Hua Chunying will oversee work related to information, protocol and translation in her new role

Oct 25, 2021 07:16 PM

Editorial: China Should Stick to Its Guns for Regulating the Housing Market

Using real estate to provide short-term stimulus will neither boost high-quality growth nor support the steady, long-term development of the sector itself

Oct 25, 2021 07:03 PM

Caixin China Biz Roundup: China Seeks to Stabilize Record Coal Prices

Top economic planner gets tough on coal producers profiteering; Harmony OS powers 150 million gadgets; and how parents could get punished if their children misbehave

Oct 25, 2021 06:55 PM

Gallery: China Intensifies Steps to Contain Delta

Cities across China are intensifying measures to tame the latest delta surge, which has spread to 11 regions in a week, affecting hundreds of residents. Communities in high-risk areas have been locked down, and rounds of mass Covid-19 tests are underway. According to the National Health Commission, China reported 39 new cases Sunday, including 35 local cases and four imported ones

Oct 25, 2021 05:54 PM

Evergrande EV Unit Soars 17% After Boss Pledges to Shift Business

Investors give subsidiary a boost after the embattled developer’s chairman announced plans to scale down real estate operations and focus on new-energy vehicles

Oct 25, 2021 04:48 PM

Emerging-Market Stocks Roar Higher on Signs of Best Earnings Since 2018

Tension still lies in results from China, which has been hit by anxiety over regulatory tightening and Evergrande’s debt troubles

Oct 25, 2021 04:44 PM

Harvard-Trained Designer Creates China Business Software Unicorn

Tezign completes the first tranche of its series D funding round led by Temasek Holdings, boosting its valuation to more than $1 billion

Oct 25, 2021 04:35 PM

Luxury Chinese Liquor Giant Reports 12% Jump in Earnings as Regulators Try to Tame Runaway Prices

Kweichow Moutai’s net profit reached 12.6 billion yuan on revenues of 25.6 billion yuan for the third quarter

Oct 25, 2021 04:08 PM

Soaring Fuel Costs Add to Pressure on Asian Currencies

Energy exporters spared as inflation, growth scares roil foreign exchange market

Oct 25, 2021 03:55 PM

Shanghai Composite Index Rose 0.76% on Monday

Shenzhen Component Index closed up 0.72%

Oct 25, 2021 03:03 PM

China Wants Local Governments to Speed Up Annual Special Bond Borrowing

The directive from the Ministry of Finance could see cities and provinces issue the remaining 1.3 trillion yuan worth of special bond quota in the next five weeks

Oct 23, 2021 07:16 PM

Huawei to Launch HarmonyOS-Powered Cockpit as Home-Grown Operating System Reaches 150 Million Devices

The telecoms giant prepares to unveil new premium SUV with Sokon as it seeks to diversify into new industries

Oct 23, 2021 06:41 PM

Earnings of Biggest Chinese Firms to Lose Steam on Brutal Quarter

Property, agriculture and power generation sectors expected to see the worst plunges in profit in the third quarter, analysts say

Oct 23, 2021 06:00 PM

Weekly Must-Read: How China’s Housing Market Landed in the Deep Freeze

Even as the nation faces a housing shortage, the government is sticking with tough policies to prevent overheating, resulting in plunging house sales and values

Oct 23, 2021 05:00 PM
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