In Depth: The Legacy of Rags-to-Riches Wealth Management Tycoon Xie Zhikun

Known as a workaholic and for his habit of keeping a diary, the founder of Zhongzhi Enterprise Group built a sprawling financial empire

China Telecom to Roll Out Smartphones With 5G-Powered Messaging

The rich communications service could one day challenge WeChat, though this remains a distant prospect

Moscow Keeping Beijing in the Loop on Security Talks With the West on Ukraine, Envoy Says

The two countries are studying ways to minimize the potential impact of the Ukraine issue on the bilateral ties, according to the Russian ambassador to China

Transportation Ministry to Intensify Pressure on Ride-Hailing Industry

Chinese authorities vow to speed up getting Didi and competitors into compliance with worker protection and other regulations under threat of penalties

Jan 28, 2022 06:03 AM

China Approves AMD’s $35 Billion Acquisition of Xilinx

Deal between two American chipmakers was proposed two years ago as AMD sought to challenge Intel’s leadership in the industry

Jan 28, 2022 04:40 AM

Stellantis Reboot in China Sparks Conflict With Local Partner

Guangzhou Automobile Group pushes back at partner’s bid to take control of their struggling Jeep-making joint venture in China

Jan 28, 2022 04:34 AM

Shenzhen Tightens Entry Rules on Travelers From Hong Kong Due to Covid Concerns

Additional quarantine requirements may stymie cross-border family reunions this Lunar New Year

Jan 27, 2022 07:30 PM

Evergrande Will Come Up With a Plan to Restructure Its Debt — Within Six Months

The developer says it’s working on a draft with a government-appointed risk management committee, and is resuming construction on projects

Jan 27, 2022 06:30 PM

Caixin China Biz Roundup: Teen’s Suicide Raises Concerns About Cyberbullying

17-year-old suffered online abuse after trying to find his birth parents; China takes steps to better protect athletes; and tech giants ramp up investments in other firms following regulatory storm

Jan 27, 2022 06:12 PM

Gallery: Senior Chic on Shanghai’s Streets

Commercial photographer Qin Xiao has been snapping shots of stylish seniors in Shanghai since 2018, taking his camera onto the streets in a challenge to prevailing stereotypes of the elderly. Through his lens, some are dressed to the nines, while others appear in casual clothes, eclectically selected in what he calls a “wild fashion” style. The 33-year-old has been a street photographer since 2011, and has featured his “Senior Fashion Hub” photos at several exhibitions

Jan 27, 2022 06:04 PM

WTO Grants China a $645 Million Tariff Weapon Against U.S.

The world trade body rules Beijing can retaliate against $645 million worth of annual American exports as part of a decade-old dispute over anti-subsidy duties

Jan 27, 2022 05:28 PM

Chinese Battery Material Supplier to Return to Profit on Surging EV Demand

Tianqi Lithium says it expects to post between $284 million to $378 million in net profit

Jan 27, 2022 04:52 PM

China Allows One of Its Poorest Provinces to Negotiate Debt Extensions

Guizhou province’s local government financing vehicles have long had borrowing costs among the highest in the country

Jan 27, 2022 04:03 PM

Shanghai Composite Index Fell 1.78% on Thursday

Shenzhen Component Index closed down 2.77%

Jan 27, 2022 03:03 PM

China to Start Three-Year Crackdown on Money Laundering

Eleven government agencies will participate in the campaign as the country steps up efforts to prevent such crimes

Jan 27, 2022 02:57 PM

TSMC’s $40 Billion Spree May Tip the Scales on Taiwan’s Growth

Chip giant’s planned spending on new plants equivalent to around 5% of Taiwan’s 2021 GDP

Jan 27, 2022 02:35 PM

CX Daily: China’s Commerce Ministry Warns of Challenges to Foreign Investment in 2022

China’s fiscal revenues rise 10.7% in 2021 from a year earlier. The former party chief of Hangzhou is expelled over business ties

Jan 27, 2022 09:40 AM

China’s Banking Regulator Plans ‘Traffic Lights’ for Financial Sector

CBIRC’s 2022 goals include curbing the use of funds by banks and insurance companies for ‘blind overleveraging,’ financial monopolies and unfair competition

Jan 27, 2022 05:43 AM
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