Caixin

For China’s Studios, Movies Have Lost Their Magic

Twelve production companies expect to report losses or declining profits in the first half

Peking University Scientists Pioneer New Gene-Editing Technology

Technique, which targets RNA strands, is described as a ‘creative and important step’ toward the treatment of genetic diseases

Exclusive: 100 Rural Doctors Quit Over $2.2 Million in Unpaid Medical Subsidies

Doctors in northeastern China’s Yilan county said in a joint resignation letter they each had to foot bill for tens of thousands of yuan in subsidies for local villages last year

China Expands Soybean Production as Imports Decline

Planting area increases in response to government calls to offset effects of tariffs in trade war with U.S., National Bureau of Statistics says

Chinese Celeb Promoting ‘Lion King’ Is No Simba, Critics Say

Fans of Cai Xukun are defending the pop star’s association with the Disney remake, while his detractors are threatening to boycott the film

Jul 18, 2019 02:52 PM

China Trade Is Balanced — but the World Still Isn’t, IMF Says

The IMF says attempts to address trade imbalances by taxing imports are hurting the world economy without fixing the problem

Jul 18, 2019 01:58 PM

Commodities Giant ADM Sees Tariff War Changing China’s Soy Trade Pattern for Good

The tit-for-tat tariff spat will probably mean China will try to buy more from elsewhere and improve its own yields

Jul 18, 2019 01:51 PM

Young Hacker Who Invaded Government Systems Sentenced to Jail

Former stockbroker gets 62 months and fine of $2,908 in 2017 incident involving downloading of 4 million pieces of personal information

Jul 18, 2019 05:31 AM

Three Sentenced to Prison for Helping Unqualified Foreigners Get Teaching Jobs

Beijing municipal court upholds ruling that gave defendant who ran dodgy agency two years behind bars

Jul 17, 2019 10:45 PM

China Sees More Opportunities to Spread Yuan Around the World

Trade friction, populism open doors for yuan internationalization although it’s a long-term process, says Pan Gongsheng, a deputy governor of China’s central bank

Jul 17, 2019 09:01 PM

State Grid, Evergrande Team Up to Build Electric-Car Charging Network

State-owned behemoth could use developer’s property know-how to expand more into residential areas, source says

Jul 17, 2019 08:56 PM

Bank Lent Millions to Shareholders’ Affiliates, Including Firm Linked to Suspected Child Molester

Bank bent rules when it set up company that allowed borrowers to use its own shares as collateral for loans

Jul 17, 2019 08:56 PM

Gallery: Starbucks' Answer to Luckin

Starbucks opened its first store dedicated to takeout and online orders in the heart of Beijing on Friday. The Starbucks Now is roughly half the size of a regular location with “limited” seating, much like its fast-growing local rival Luckin

Jul 17, 2019 05:44 PM

China’s Treasury Holdings Extend Drop Amid Trade War Escalation

Country’s stash of U.S. government notes, bills and bonds fell by $2.8 billion in May to $1.11 trillion, the lowest in two years

Jul 17, 2019 04:52 PM
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