Analysis: Why China’s 2023 Fiscal Policy May Be Less Expansionary Than It Seems

A higher budget deficit-to-GDP ratio belies underlying slowdown in spending growth, although analysts say the government may get more bang for its buck

Xi, Putin Call for ‘Responsible Dialogue’ to End Ukraine Crisis

Russia also said a position paper on the crisis issued by China last month could ‘be taken as the basis’ to settle the conflict that began more than a year ago

In Depth: Why China’s Bond Traders Got Cut Off From the Data They Needed

Financial regulators stood at the center of last week’s tumultuous suspension of services that provide crucial price information to traders

Qutoutiao Becomes Yesterday’s News With Nasdaq Delisting

The former high-flying news aggregator app said it won’t appeal its imminent eviction from the stock exchange for failing to meet several listing requirements

Beijing’s Deaths Outrun Births for First Time in Two Decades

The capital’s permanent resident population fell by 0.2% in 2022, government data show

Caixin-Sinica Business Brief: China Resumes Issuing Visas to Foreigners
Mar 21, 2023 04:43 PM

Gallery: Sandstorms Shroud North China

Pollution has soared to hazardous levels across the region, leaving residents in a thick haze on Wednesday morning. China’s national observatory renewed a yellow weather alert, the second highest, through Thursday morning for a wide range of areas in the north. This is the third time sand and dust has obscured the Beijing skyline this year, and PM10 levels reached more than 500 micrograms per cubic meter in provincial-level regions including Tianjin, Hebei and Heilongjiang

Mar 22, 2023 07:48 PM

Tokyo Electron to Build $167 Million Chipmaking Equipment Plant

The planned facility is expected to begin production in 2025 and will boost the Japanese company’s capacity by 50%

Mar 22, 2023 06:40 PM

EV-Maker Nio ‘Very Confident’ of Hitting Sales Target, CFO Says

Shares of the automaker jumped as much as 8.6% in early Hong Kong trading, taking its advance in the past two days to about 18%

Mar 22, 2023 05:21 PM

Hong Kong Says Borrowing Cost Surge Driven by Demand for Cash

The overnight cost to borrow in the interbank market soars 2.53 percentage points to 4.14%, the biggest gain in data going back to 2006

Mar 22, 2023 03:21 PM

Shanghai Composite Index Rose 0.31% on Wednesday

Shenzhen Component Index closed up 0.61%

Mar 22, 2023 03:03 PM

Citadel Securities Boosts China Presence as Peers Cut Costs

The U.S. firm, backed by billionaire Ken Griffin, plans to build a bigger mainland business as it hires across Asia

Mar 22, 2023 01:56 PM

Henan Rural Banking Scandal Claims Another Senior Official

Wu Jinpeng, former deputy chief of Henan Rural Credit Union, turns himself in to authorities investigating multibillion-dollar swindle

Mar 22, 2023 03:33 AM

Caixin Explains: Why Some Credit Suisse Bondholders Got Wiped Out and Shareholders Didn’t

Swiss authorities ranked holders of $17 billion of additional tier 1 bonds behind equity holders in an unusual reversal of payment hierarchy, which U.K. and EU quickly repudiated

Mar 22, 2023 03:29 AM

U.S. ‘Guardrails’ to Limit Chipmakers’ Operations in China

Strings attached to grants from CHIPS and Science Act will restrict China expansions by TSMC, Samsung and Intel

Mar 22, 2023 03:08 AM

Google Suspends Pinduoduo After Finding Malware in App Versions

Chinese shopping app parent PDD pushes back against Google warning just as American lawmakers accuse China companies of threatening national security

Mar 22, 2023 03:02 AM

Tech Insider: XPeng Warns of Plunging Revenue, Taiwan Chip Exports Sputter

Former China chip giant chief charged with corruption, business-software makers suffer sell-off on news of Huawei’s entrance

Mar 21, 2023 09:09 PM

Just as China Emerges From Covid, Concerns Grow of a Flu Epidemic

Cases jumped 53% in week ending March 12, with H1N1, or swine flu, the dominant strain, forcing the suspension of some elementary school classes in Beijing and Shanghai

Mar 21, 2023 08:56 PM

Why Empty Containers Piled Up at Chinese Ports

Glut that emerged in recent months was due to a confluence of factors mostly related to the Covid-19 pandemic, head of customs bureau says

Mar 21, 2023 08:50 PM

China Imports of Australian Coal Surge After Embargo Lifted

Purchases of the dirty fuel jumped 21% to more than 207,000 tons in February as trade tensions between two countries ease

Mar 21, 2023 07:54 PM

Gallery: Sandstorms Sweep North China

Since March 10, residents across the region have had to endure haze and pollution amid multiple warnings from the weather authority. On Monday, a yellow wall of sand towering around 100 meters tall devoured Zhangye in Northwest China’s Gansu province. In Xinjiang’s Aksu, a sandstorm brought strong gusts that disrupted traffic. Weather China has reported that regions including Shaanxi, Jilin, and Inner Mongolia this week will continue to be affected

Mar 21, 2023 07:49 PM
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