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

TOP STORIES

: Cover Story: Chinese Auto Makers Rev Up Price War in Race for Market Dominance
Elon Musk’s Tesla kicked off the intense competition, with BYD, XPeng and Nio joining the fray in a bruising contest that could reshape China’s auto market

: External Containment Efforts and Aging Population Are Major Challenges to China’s Growth, Senior Official Says
The two factors are obstacles to the mid- and long-term expansion of the economy, Han Wenxiu of the Central Financial and Economic Affairs Commission’s general office, tells a panel at the China Development Forum

In Depth: China’s Patchy Property Revival

China’s financial authorities are hailing a rise in home sales and bottoming out of prices, but the positive data is focused in first and mid-tier cities. It’s likely too early to call a rebound, analysts say

: Huawei Develops Chip Design Tool to Counter U.S. Curbs on Tech Exports
Electronic design automation is for working on chips that are made with 14-nanometer technology or above

China Adds Shopping Malls to REIT Pilot Program

Expansion of real estate investment trust trial includes department stores and farmers’ markets but not commercial residential development projects

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Caixin-Sinica Business Brief: TikTok CEO Pushes Back on Security Concerns

Mar 25, 2023 05:14 PM

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LATEST NEWS

: Apple CEO Tim Cook Urges China’s Youth to Embrace Era of Tech Innovation
Cook made the comments at the China Development Forum, hosted by the State Council’s think tank, in Beijing
Mar 25, 2023 07:18 PM

: Los Angeles Overtakes Shanghai in World Financial Centers Ranking
The home of Hollywood took sixth spot on the Global Financial Centres Index, pushing China’s financial hub into seventh
Mar 25, 2023 06:58 PM

: Macao-Based Blockchain Asset Exchange Starts Trial Operation
Micro Connect is aimed at helping China’s micro and small businesses raise funds from global investors
Mar 25, 2023 06:53 PM

: Caixin-Sinica Business Brief: TikTok CEO Pushes Back on Security Concerns
TikTok chief defends app’s independence in U.S. Congressional hearing, Tron founder faces U.S. lawsuit for crypto misconduct, China Huarong warns of $4 billion loss for 2022
Mar 25, 2023 05:14 PM

: Weekend Long Read: China’s Role in Restoring Saudi Arabia-Iran Ties
The Asian country’s unique advantage of high-level partnerships and trade with the two Middle Eastern nations helped motivate an agreement that restored their diplomatic relations after seven years
Mar 25, 2023 10:30 AM

: India Set to Surpass China in Oil Demand as Growth Paths Diverge
Swelling population and lagging green transition mean India’s need for fossil fuels will last longer than China’s, making India a global oil consumption driver
Mar 25, 2023 03:39 AM

: Meituan’s Revenue Jumped After Covid Boosted Meal Delivery
Sales rose 21% in December quarter, beating estimates, and loss narrowed as world’s largest meal delivery service braces for post-pandemic changes
Mar 25, 2023 03:24 AM

: Hong Kong Lowers the Listing Bar for Specialist Tech Companies
Exchange invites share sales by companies with market cap of $764.4 million and halves the revenue hurdle for 20 sectors including AI, robotics and semiconductors
Mar 25, 2023 03:06 AM

: Charts of the Day: China Evergrande’s Restructuring Plan Shows Magnitude of Its Crippling Debt Pile
The world’s most indebted developer will give creditors of its $19 billion of offshore bonds new notes or a combination of debt and equity-linked securities
Mar 24, 2023 09:25 PM

: China’s Automakers Urged to Dial Down Price War
The China Association of Automobile Manufacturers issued the warning to ‘cool down’ intense competition sparked by efforts to boost sluggish sales
Mar 24, 2023 09:01 PM

: Tech Insider: TikTok CEO Grilled, Geely’s NEV Sales Soar
Google’s former China chief gets in on ChatGPT mania, Tencent’s quarterly revenue starts growing again
Mar 24, 2023 08:31 PM

: Luckin’s Disgraced Co-Founder Is Back With a New Coffee Chain
Former CEO Jenny Qian’s new venture Cotti has opened almost 200 locations, with plans to reach 2,500 by the end of the year
Mar 24, 2023 07:15 PM

: Hong Kong Sweetens the Lure for Family Offices
The city says it’s exempting some wealth management firms favored by the super rich from licensing requirements as it seeks to draw more to set up shop
Mar 24, 2023 06:51 PM

: Meatpackers Shares Jump as China Resumes Brazil Beef Imports
Beijing agreed to restart imports from world's top export of the meat after trade was initially halted due to a case of mad cow disease a month earlier
Mar 24, 2023 06:47 PM

: Caixin China Biz Roundup: Beijing Welcomes Former Taiwan Leader’s Visit to the Mainland
China’s imports of Australian coal surge after embargo lifted, and former Google China chief joins ChatGPT mania
Mar 24, 2023 06:40 PM