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

TOP STORIES

: Cover Story: Overturning of Abortion Rights Lays Bare the Polarization of America
Supreme Court’s decision to strike down the 1973 Roe vs. Wade ruling feared to foreshadow more curtailing of rights

: Exclusive: China’s Largest Policy Bank to Fund Most of $45 Billion Infrastructure Stimulus
The China Development Bank will raise 210 billion yuan to support the country’s latest effort to boost investment for the sake of the economy

China to Expand Global Investors’ Access to Its Financial Derivatives Market

As offshore investors become more active in trading Chinese bonds, their demand for derivatives to manage the risks of fluctuating interest rates has grown

: Chinese Lithium Giant Falls Under Insider Trading Probe
Ganfeng’s chairman says investigation is linked to the failed acquisition of a manufacturer of lithium products and electric equipment

Chinese Dairy Producer’s Shares Sink After Additive Found in Its ‘Pure’ Milk

Maiquer’s stock sheds more than 7% after a local market watchdog confirmed the illicit presence of propylene glycol

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Caixin China Biz Roundup: Hong Kong Must Be Governed by ‘Patriots,’ Xi Says

Jul 04, 2022 06:43 PM

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LATEST NEWS

: Communist Party Completes Provincial Reshuffle Ahead of National Congress
Three new appointments were made during the latest round of local elections, but most positions remained with incumbents
Jul 04, 2022 09:12 PM

: Chinese Online Music Tutor Shuts Down, Leaving Paying Customers in the Lurch
VIP Peilian has collapsed despite recent Covid lockdowns boosting demand for its services
Jul 04, 2022 09:00 PM

: 12 Bodies Recovered After Crane Sinks in the South China Sea
The floating vessel suffered a direct hit by Typhoon Chaba off the Guangdong coast
Jul 04, 2022 08:34 PM

: Editorial: Why the Original Intent of China’s Anti-Monopoly Law Is So Important
Fair competition is the soul of the market economy and the core of antitrust policies
Jul 04, 2022 08:26 PM

: China’s Anhui Locks Down Second County Amid Covid Flare-Up
All residents of Lingbi must stay indoors unless they’re attending Covid testing at designated locations, the local government said
Jul 04, 2022 08:23 PM

: Covid Uncertainty Leaves More Guangzhou Offices Empty
Share of unoccupied Grade-A space in the Guangdong provincial capital was up by 1 percentage point from the past quarter, though the rate remained below that of Beijing and Shenzhen
Jul 04, 2022 07:28 PM

: Caixin China Biz Roundup: Hong Kong Must Be Governed by ‘Patriots,’ Xi Says
City’s new leader sworn into office; local governments to cut spending to stay afloat; and influencer busted for ETF futures trading scam
Jul 04, 2022 06:43 PM

: Macao’s Gambling Reforms Leave ‘Satellite Casinos’ With Uncertain Future
New law could see the businesses barred from taking a cut of gambling revenue
Jul 04, 2022 05:26 PM

: Gallery: 26 Still Missing After Ship Sinks in Typhoon
Four people have been rescued after a floating crane working on an offshore wind farm broke in two and sunk Saturday morning off the coast of Yangjiang, South China’s Guangdong province. Rescue efforts continued on Monday amid harsh weather brought by Typhoon Chaba, which made landfall in Guangdong and neighboring Hainan province on Saturday
Jul 04, 2022 04:31 PM

: Gallery: China’s F1 Star Survives Horror Crash
China’s first-ever F1 driver Zhou Guanyu was involved in a horror crash in a British Grand Prix race in Silverstone, U.K., on Sunday. Zhou’s Alfa Romeo skidded upside down for about 200 meters into the fence after colliding with Mercedes’ George Russell on the first lap of the race. The 23-year-old was taken away to a medical center but was reported to have no major injury after the crash
Jul 04, 2022 04:25 PM

: Chinese Developer Shimao Fails to Pay $1 Billion Dollar Bond
The luxury and commercial builder is the latest in a wave of real estate bond delinquencies
Jul 04, 2022 04:22 PM

: World Energy Crisis Would Be Worse Without China’s Rainy Season
While heavy downpours in southern China have been a public safety crisis, they’ve also led to reduced air-conditioning demand and surging hydropower generation
Jul 04, 2022 04:16 PM

: Hong Kong’s Dry Spell for IPOs Set to End With Big China Deals
Tianqi Lithium and China Tourism Group Duty Free are launching multi-billion-dollar listings in the financial hub
Jul 04, 2022 04:12 PM

: Shanghai Composite Index Rose 0.53% on Monday
Shenzhen Component Index closed up 1.29%
Jul 04, 2022 03:03 PM

: China Stories: Millions of China’s Migrant Workers Find Themselves Shunned in Old Age
Laborers over 50 played a key role in the country’s stunning growth over the decades, but they now face a bleak future in which they’re getting cut off from the job market with little or no unemployment support.
Jul 03, 2022 05:00 PM