Chinese Official Rebuffs Pentagon Chief’s Criticisms at Security Summit

Lloyd Austin’s comments about Taiwan at the Shangri-La Dialogue ignored the facts and distorted the truth, Chinese lieutenant general Jing Jianfeng says

Chinese Computer Maker Says Its Chip was Made With ‘Support’ From Intel

Powerleader Computer System came under fire after industry experts revealed its new processor unit was seemingly identical to a product made by the U.S. giant

In Depth: Brand-Name Drugs Feel the Squeeze in China’s Generic-Heavy Market

Multinational pharmaceutical firms are changing strategies and selling business lines, as a government bulk-buying program favors cheaper, local products

Jun 03, 2023 05:34 PM

Top U.S. Treasury Official Meets China Ambassador

The meeting between Xie Feng and Jay Shambaugh, the department’s undersecretary for international affairs, was part of ‘ongoing efforts to maintain open lines of communication’

Jun 03, 2023 06:37 PM

Caixin-Sinica Business Brief: China’s First Homegrown Jet Sets Sights on Airbus and Boeing

Beijing-based ChatGPT rival files for Hong Kong IPO, China moves ahead with Shanghai international reinsurance market plan

Jun 03, 2023 05:34 PM

Tobacco Corruption Probe Ensnares Retired Top Yunnan Executive

Zhu Shaoming, former head of China Tobacco’s biggest provincial unit, comes under investigation by graft busters

Jun 03, 2023 04:27 AM

Another China Development Bank Ex-Official Comes Under Probe

Graft busters focus on Mao Juncai, former president of top policy lender’s Shanghai branch, adding to a long list of scandals

Jun 03, 2023 04:11 AM

Syngenta’s $9.4 Billion IPO Picks Up Steam in Shanghai

Year’s biggest share sale starts clicking along after the ChemChina unit abandoned its STAR Market plan

Jun 03, 2023 03:54 AM

Evergrande Unit Faces 1,426 Lawsuits Involving $49 Billion

Hengda Real Estate Group discloses the legal logjam in a filing to the Hong Kong stock exchange

Jun 03, 2023 03:45 AM

China Is Set to Extend EV Tax Incentives Amid Slowing Sales Growth

State Council says it will continue and ‘optimize’ purchase tax exemptions to help bolster the post-pandemic recovery

Jun 03, 2023 03:34 AM

Caixin China New Economy Index Rises on Surge in Venture Capital Levels

The gauge that tracks the size of high value-added industries such as biotech rose to 30.1 in May

Jun 02, 2023 08:43 PM

Tech Insider: AI Startup Mobvoi Files for IPO, Musk on ‘Decoupling’

Netherlands steps up chip spat with probe into Nowi deal, Alibaba embeds ChatGPT-like AI into two apps

Jun 02, 2023 08:27 PM

Nvidia’s CEO Plans Trip to Meet China Executives Despite U.S. Curbs

Jensen Huang plans to travel to the mainland for the first time in years in June, sources say, with his company emerging as a critical player in AI

Jun 02, 2023 08:18 PM

Gallery: Pests on the Plateau

Plateau pikas, small hare-like animals native to the Qinghai-Tibet Plateau, have been targeted for their proclivity to eat the grass out from under the region’s livestock. Locals have tried using traps to control their population. However, the excessive use of bait disrupted the natural predator-prey balance, leading to a surge in the mammal’s population and further degradation of the grasslands. Scientists and local authorities are now grappling with how to prevent their numbers from growing while preserving the area’s ecological balance

Jun 02, 2023 08:14 PM

Chinese Minors Suspected of Aiding Telecom, Online Fraudsters Surge Twentyfold

The number of juveniles suspected of ‘aiding criminal activities on information networks’ jumped to nearly 5,500 last year as a government crackdown rolls on

Jun 02, 2023 08:06 PM

Warburg Pincus Takes Stake in Shanghai Mutual Fund Manager

U.S. private equity giant buys 23.3% holding in Lombarda China Fund Management as foreign asset managers pile into $3.8 trillion market

Jun 02, 2023 07:54 PM

China and Singapore’s Military Top Brass to Establish Direct Hotline

Defense Minister Li Shangfu and his Singaporean counterpart Ng Eng Hen also agreed to take bilateral defense relations ‘to a new level'

Jun 02, 2023 07:54 PM

Gallery: Elon’s Whirlwind China Visit

Tesla CEO Elon Musk left Shanghai on Thursday morning after spending just over 40 hours in the country. After arriving in Beijing on Tuesday, the billionaire met with top Chinese officials, including the foreign minister and a vice premier. He also visited the automaker’s Shanghai factory and its battery supplier, Contemporary Amperex Technology. The trip marked his first to China since 2020

Jun 02, 2023 07:16 PM
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