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

TOP STORIES

: In Depth: China’s Digital Currency Ambitions Lead the World
The future of money is electronic and Beijing wants to own it

: State Firms Jettison Bond Issuance Plans After Peer’s Shocking Default
$15.3 billion of corporate bond issuances were either canceled or delayed nationwide in November, nearly triple the previous month’s figure

Exclusive: Probe Into Baoshang Bank’s Collapse Nets Another Top Executive

Pan Huisheng, a former assistant president, was detained in Inner Mongolia, sources with knowledge of the matter told Caixin

: HKEX Launches Platform to Promote Disclosure on Green Bonds
STAGE information exchange is Asia’s first platform for multi-asset sustainable investments as Hong Kong sets out to become green finance hub

Opinion: Biden Administration Could Offer Opening for a China Century in Middle East

The Middle East and North Africa are likely to have less support from Biden than they did from Trump, while China has the opportunity to offer stability and investment

China to Take Oil-Refining Crown Held by U.S. Since 19th Century

: Real-Time Tech News From Caixin Global
More Headlines

Britain Bans Installation of New Huawei 5G Equipment from September 2021 in Major U-TurnDec 01, 2020 06:42 PM
Chinese Investors Bullish About Space as Satellite Startup Pockets $375 Million in Pre-IPO Funding RoundDec 01, 2020 05:16 PM
Fashion E-Retailer Mogu Gets Livestreaming Lift in Otherwise Dismal QuarterDec 01, 2020 12:23 PM
Chinese-Focused Food Delivery App HungryPanda Raises $70mDec 01, 2020 11:57 AM
Trending in China: Should Chinese School Employees be Punished for Celebrating Thanksgiving?Nov 30, 2020 06:34 PM

LATEST NEWS

: China Names Two Medical Experts as Provincial Party Chiefs
Elevation of Yin Li and Shen Xiaoming, both with Ph.D. degrees, shows government’s priority on public health in wake of politicians’ early Covid-19 bungling
Dec 02, 2020 04:07 AM

: China State Grid Sees New Coal Plant Restrictions After 2026
Even as President Xi Jinping leads pivot to carbon-neutral future, China could add 100–200 gigawatts of coal power in next 5 years, senior researcher says
Dec 02, 2020 03:51 AM

: Alibaba-Backed Easyhome Finds Cash Cushion With $546 Million Placement
Company sold new shares at a 20% discount to group of 23 investors, and will use funds to revamp stores and shore up its capital
Dec 01, 2020 07:02 PM

: Caixin China Biz Roundup: U.S. to Blacklist SMIC and CNOOC
In today’s episode: Trump administration takes aim at the chipmaker and the oil-and-gas explorer over their alleged military ties; Beijing plans to expand a pilot program for outbound investment; and and China faces challenges in efforts to cut plastic waste
Dec 01, 2020 06:50 PM

: Exclusive: Chipmaker Tsinghua Unigroup Set to Meet Bondholders as Interest Comes Due
Company has until Monday to pay 260 million yuan on one bond
Dec 01, 2020 06:50 PM

: Party Watchdog Busts Top Provincial Official for ‘Superstitious Activities’ and Corruption
Expelled Northwest China female leader ‘lost her ideals’ by ‘engaging heavily’ in superstition and accepting lavish banquets, makeovers
Dec 01, 2020 06:38 PM

: Retail Giant Suning.com Raises 6 Billion Yuan for E-Commerce Spin-off
Having closed hundreds of stores in 2020, company’s sales have benefited from a shift online
Dec 01, 2020 06:29 PM

: Container Shortage Shows China’s Export Dominance During Pandemic
Shipping containers have piled up elsewhere in the world as Chinese exports continue to outpace their foreign competitors
Dec 01, 2020 06:09 PM

: After Devastating Summer Floods, China to Pump 100 Billion Yuan Into Reservoir
South China suffered its worst flooding since 1998, during which its reservoirs were vital to preventing further disasters
Dec 01, 2020 05:36 PM

: Lessons From the Lockdown Will Drive More Economic Activity Online, Professor Says
After Covid-19 forced people to stay at home, cancel travel plans and avoid gatherings, society is already rethinking how business gets done
Dec 01, 2020 05:32 PM