Update: Phase One Trade Deal Rolls Back Tariffs, Expands Imports to China

In first official comments, Chinese officials say accord meets the country’s needs for growth as U.S. cites gains on intellectual property, technology transfer

Exclusive: Huishang Bank Hardest Hit From Interbank Deposits at Baoshang Bank

Details emerging on costs to other banks from Baoshang seizure include loss of $854 million at central China’s Huishang urban commercial bank, sources say

Opinion: Xie Zhenhua Exemplifies Why China Needs a Strong Voice on Climate Change

Former top climate negotiator was a tenacious, pragmatic and sometimes fierce advocate for the environment, both in and outside the country

CX Daily: China, U.S. Agree on Phase One Trade Deal

Plus, China unveils 2020 economic policy roadmap, bondholders get haircuts and Samsung to invest more in chip-making in China

Dec 14, 2019 05:49 AM

Caixin China Biz Roundup: U.S. Gives Green Light to Draft Trade Deal

Today’s episode discusses:  President Trump  signs off on a phase-one trade deal with China; China’s policymakers pledge more effective measures to stabilize growth next year; the execution of a fugitive who killed three officials 19 years ago as they set out to forcibly sterilize his wife.

Dec 13, 2019 08:02 PM

Another Retired Moutai Executive Hit With Corruption Investigation

Du Guangyi is the ninth former Moutai executive accused of corruption since May

Dec 13, 2019 07:50 PM

Device Manufacturing Giant Huaqin Raises $143 Million

Fundraising will help firm that designs and makes devices for brands such as Huawei and Xiaomi, and which pivoted into notebooks as the smartphone market cooled

Dec 13, 2019 07:41 PM

Researcher Questions Validity of More Chinese Academic Papers

Science integrity specialist Elisabeth Bik uncovers ‘doctored’ images that authors say were ‘accidentally confused’

Dec 13, 2019 06:48 PM

U.S. to Fund Australia's Lynas Rare Earths Processing Plant

Department of Defense will cover most building and operating costs, meant to provide an alternative to Chinese supply chains

Dec 13, 2019 05:28 PM

China’s Fosun Tourism Set to Relaunch Thomas Cook Brand in 2020

Shanghai-based company aims to lure travelers with the now-defunct U.K. travel agency’s storied name

Dec 13, 2019 03:29 PM

Trump Approves Draft U.S.-China Trade Deal to Halt Looming Tariffs

Reported ‘phase one’ deal would include roll-back of existing levies on Chinese products and halt to new ones set to take effect Sunday

Dec 13, 2019 01:02 PM

China Vows More Forceful Efforts to Stabilize Growth in 2020

Annual work conference sets out goals for fiscal and monetary policy as economy faces downward pressures amid slowing growth, trade war

Dec 13, 2019 06:35 AM

Exclusive: Tewoo Offshore Bondholders Take Heavy Losses to Exit

Most investors in $1.25 billion of bonds accept haircuts of as much as 64% to get out rather than swap debt for new bonds with zero interest rates or less

Dec 13, 2019 05:00 AM
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