China’s New Mobile Payment Rules Aim to Crack Down on Cross-Border Gambling, Central Bank Says

From March 2022 onwards, payment platforms such as Alipay and WeChat Pay will have to distinguish between ‘individual’ and ‘merchant’ barcodes for payment collection

Update: Ant Group-Linked Firm Considered for Personal Credit Reporting Service

Pending approval, Qiantang Credit could become the country’s third provider licensed to carry out this business

China Regains Favor With Investors Who Deem India Overvalued

Beijing’s wide-ranging regulatory tightening has made Chinese equities relatively cheap, while shares in the South Asian nation appear expensive after a world-beating rally

Nov 27, 2021 05:41 PM

Update: Quick Response, Speedy Virus Tracking Help Shanghai Quell Flare-Up, Zhang Wenhong Says

Genome sequencing shows the recent reemergence was caused by the highly transmissible Delta variant from overseas, city disease control authorities say

Nov 27, 2021 06:44 AM

Evergrande Founder Cuts Stake to Raise $344 Million

Billionaire Hui Ka Yan sells 1.2 billion Evergrande shares to help bail out the debt-laden property giant

Nov 27, 2021 06:25 AM

Meituan Posts Widest Loss Since 2018 as China Headwinds Grow

Chinese food-delivery behemoth misses estimates amid antitrust probe, investment spurt and mounting competition

Nov 27, 2021 06:10 AM

U.S. Stocks Fall on Covid Fears While Havens Gain

Post-holiday sell-off spreads across global markets amid worries that new coronavirus variant could set off fresh outbreaks and scuttle recovery

Nov 27, 2021 06:02 AM

China Green Bulletin: China Pledges $31 Billion of Credit to Back Clean Utilization of Coal

The People’s Bank of China to establish a special relending facility to support the effort

Nov 26, 2021 08:29 PM

Trending in China: Netizens Call for Tougher Laws to Rein in Irresponsible Dog Owners

One family’s tragic loss in Wuhan could raise awareness of the need for stronger laws mandating how dog owners control their pets

Nov 26, 2021 08:23 PM

Shanghai Data Exchange Launches Trading in Bid to Boost Digital Economy

The new platform has attracted interest from around 100 major domestic and foreign companies like China Mobile, JD Technology and PricewaterhouseCoopers

Nov 26, 2021 08:14 PM

Shanghai Extends Maternity Leave by Another Month

Special extension to standard maternity leave will now cover two months, up from one month previously, benefitting first-time mothers

Nov 26, 2021 07:53 PM

Caixin Summit Bonus Episode: Singapore’s Deputy Prime Minister on Partnerships, People and the Planet

Tune in for a keynote speech as well as a dialogue with Heng Swee Keat, Singapore’s deputy prime minister and coordinating minister for economic policies

Nov 28, 2021 02:00 PM

Lithium Price Surpasses 200,000 Yuan Milestone as EV Sales Reach New Heights

The price of the key battery material is unlikely to drop until global supply grows next year, analysts say

Nov 26, 2021 07:14 PM

Chinese Nationals Urged to Stay Alert After Reports of Two Killed in Congo

Militia killings come just days after five Chinese citizens were kidnapped in the country

Nov 26, 2021 07:03 PM

Caixin Summit Bonus Episode: Jacinda Ardern

In her keynote speech, New Zealand's prime minister discusses challenges and opportunities for the world in the economy, environmental issues and the Covid-19 pandemic.

Nov 27, 2021 02:00 PM

In Depth: How Singapore Is Stress-Testing Coexistence With Covid

By shifting its pandemic strategy away from containment, Singapore has chosen to live with the virus. What can the rest of Asia learn from the city-state’s decision?

Nov 26, 2021 06:31 PM

Gallery: Beijing Gets a View of Maurizio Cattelan’s Art

Italian artist Maurizio Cattelan is holding his first solo exhibition in China at the Center for Contemporary Art in Beijing, with a display of 29 conceptual pieces that reflect his attitudes toward art, social norms and death. Cattelan, one of the most controversial and popular post-Duchampain artists, is widely known for the work he created with banana and tape that sold for $120,000 at Art Basel Miami Beach in 2019

Nov 26, 2021 05:52 PM
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