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

TOP STORIES

: Weekend Long Read: ‘Not a Fairy Tale’ ― A Chinese American Judge’s Journey From Hong Kong to the U.S.
After moving to the U.S. when he was a 6-year-old in 1966, Tony Leung, a child of Chinese immigrants from Hong Kong, went to Yale and later became a federal judge in the state of Minnesota some 40 years later

Weekend Long Read: Eminent Historian Wang Gungwu on Sinic Civilization’s Continental and Maritime Interactions
Weekend Long Read: How to Mend a Deepening Rift in China-U.S. Science Cooperation

: China’s Home Sales Show Signs of Turning the Corner
A sharp rise in month-on-month sales indicates the real estate market may have bottomed out, but it still faces considerable headwinds, consultancy says

In Depth: How Chinese Factories Are Finding Their Way to Mexico

Makers of furniture and appliances can dodge the effects of the U.S.-China trade war while avoiding pandemic-related supply chain disruptions

: Chinese Cities Slash Spending as Revenue Declines
Fallout from pandemic controls and tax cuts to bolster economy force local officials to undertake sweeping budget cuts for a broad range of services

China Manufacturing Activity Recovers as Covid Curbs Eased, Caixin PMI Shows

The manufacturing sector moved into expansionary territory in June, as loosening of Covid restrictions allowed suppliers to reopen production lines and shorten delivery times

A-Share Database >>

Caixin China Biz Roundup: How SoftBank Wrestled Back Control of Arm China

Jul 01, 2022 06:43 PM

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LATEST NEWS

: Graft Busters Probe Another Former China Railway Official
Chen Boshi, retired senior executive, comes under investigation following downfall in March of state railway operator’s former general manager
Jul 02, 2022 03:59 AM

: Airbus Wins $37 Billion of China Jet Deals in Blow to Boeing
China Eastern, Air China, Shenzhen Airlines and China Southern order 292 airliners for delivery over next five years
Jul 02, 2022 03:27 AM

: Yuan-Ruble Trades Rise in China as Easing Covid Curbs Boost Exports
Spot transactions climb to six-month high in June following 14% rise in Chinese exports to Russia in May amid expanding shipments
Jul 02, 2022 03:16 AM

: Two Tencent Vice Presidents Step Down
The pair will continue to oversee the tech giant’s interests in content production and fintech
Jul 01, 2022 08:48 PM

: Chinese Tech Giants Cut Back on Office Space in Shenzhen
Tencent, JD.com and Kuaishou have reduced office occupancy in the South China technology hub
Jul 01, 2022 08:47 PM

: China to Ramp Up Coal Output as Energy Demand Soars
Shrinking imports and hot weather are driving energy prices sky-high
Jul 01, 2022 08:35 PM

: Tech Insider: Probed Apps Back in Stores, Alibaba Launches Carbon Accounting Tool
Nio denies short-seller claims of dodgy accounting, U.S. accused of cyberattacks on Chinese research institutes
Jul 01, 2022 08:31 PM

: Gallery: Xi Joins Hong Kong Handover Celebrations
Chinese flags flew throughout Hong Kong this week as President Xi Jinping made his first visit to the special administrative region since 2017. He attended celebrations for the 25th anniversary of the territory’s return to China, as well as the inauguration of Hong Kong’s fifth chief executive, John Lee, who will lead its sixth-term government
Jul 01, 2022 08:07 PM

: Xi Stresses Hong Kong Must Be Governed by ‘Patriots’ as City’s New Chief Sworn In
President says ‘one country, two systems’ principle is here to stay, while urging the city’s new leadership team to enhance its governing capability, boost economic growth and tackle quality of life issues
Jul 01, 2022 08:03 PM

: BlackRock’s China ETF Lures Record Cash Amid World-Beating Rally
Some $333 million went into the iShares MSCI China ETF on Wednesday, its largest single-day inflow since the fund’s inception in 2011
Jul 01, 2022 07:25 PM

: Caixin China Biz Roundup: How SoftBank Wrestled Back Control of Arm China
How the tussle with ousted CEO Allen Wu unfolded; why Chinese manufacturers are moving to Mexico; and Miniso eyes Hong Kong listing
Jul 01, 2022 06:43 PM

: China Green Bulletin: Beijing Promotes Green Transportation
State Council aims to hasten development of the country’s smart carbon monitoring system, and coal regions plan to boost output by 200 million tons this year
Jul 01, 2022 06:05 PM

: Gallery: A Pioneer in Blending Chinese and Western Styles
A painting by Chinese modern artist Lin Fengmian sold for $1.1 million at auction in Hong Kong on June 2. “Dunhuang Musicians” is the largest-ever work by the master and considered a rare piece from his 1950 collection of works. Born in 1900, Lin is considered a pioneer of Chinese painting for his blending of Eastern and Western styles. He was one of the first Chinese painters to study in Europe and an important innovator of art education
Jul 01, 2022 04:30 PM

: China Adds $45 Billion to Stimulus to Pay for Infrastructure
The commitment follows an $119 billion injection into infrastructure last month and is part of an effort to spur investment and increase employment
Jul 01, 2022 03:16 PM

: Chinese Stocks in U.S. Top S&P With Best Month in Three Years
The Nasdaq Golden Dragon China Index closed up 16% in June, marking its first two-month winning streak since February 2021
Jul 01, 2022 03:14 PM