Caixin

China’s Latest Local Government Debt Risk — Covid Facilities

Some provinces are spending the proceeds from special-purpose bond sales on temporary quarantine hospitals with dubious revenue prospects as they run out of eligible investment projects

In Depth: U.S. Audit Row Dims Big Accounting’s Prospects in China

Caught in the crossfire of the dispute with Wall Street regulators and with growing competition at home, Chinese members of the global Big Four accounting networks face a tougher future in China

China Stories: Illuminating the Silver Screen for the Visually Impaired
Dec 01, 2022 03:42 PM
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Gallery: Tea Nation

UNESCO added China’s traditional tea-making techniques and tea drinking customs to its intangible cultural heritage list. Tea has been embedded in Chinese culture since ancient times and is a part of people’s daily life. Chinese tea producers and farmers have created more than 2,000 tea products to serve the country’s more than 1 billion consumers

Dec 02, 2022 08:43 PM

Gallery: Jiang’s Casket Arrives in Beijing

President Xi Jinping, along with top senior officials, received the remains of China’s former leader Jiang Zemin at the capital’s Xijiao Airport on Thursday. Jiang’s casket was flown to Beijing from Shanghai that afternoon. A memorial service will be held in the Great Hall of the People in Beijing on Tuesday, which will be broadcast live across the country. On that day, all public entertainment activities will be suspended 

Dec 02, 2022 07:58 PM

World Leaders Pay Respects to Former President Jiang Zemin

Condolence letters have poured in from Russia’s president, the top U.S. envoy to China, and the Singaporean and Japanese prime ministers

Dec 02, 2022 07:54 PM

CATL Sets Up Subsidiary to Take Advantage of China’s Push to Electrify Ships

The company’s new unit will develop batteries for ships as Beijing pushes to reduce the carbon dioxide emitted by vessels

Dec 02, 2022 07:51 PM

China Green Bulletin: China Urges Coal Miners to Sign Long-Term Contracts

The government released guidelines for inking the supply deals for 2023, with an aim to ensure market supply and stable prices

Dec 02, 2022 07:47 PM

Caixin New Economy Index Gets a Lift From Rising Labor Investment

The gauge that tracks the size of China’s burgeoning sectors rose to 30 in November, up 1.5 points

Dec 02, 2022 07:42 PM

Traders Start Taking Notice as China ETF Rebound Gets Extreme

The country has been making slow but visible progress in loosening its stringent Covid restrictions, sparking a rally in stocks related to the nation’s economy

Dec 02, 2022 03:35 PM

IMF to Press China on Emerging-Market Debt Help as Worry Mounts

Managing Director Kristalina Georgieva says the fund is eager for the world’s largest bilateral creditor to take responsibility for figuring out how to reduce debt burdens of developing nations

Dec 02, 2022 03:28 PM

Singapore Chips Away at Hong Kong’s Hedge Fund Dominance

The Southeast Asian city-state has welcomed at least 16 firms operating in the Chinese city from the start of 2019 to the end of 2021, compared with five in the previous three years, data shows

Dec 02, 2022 03:25 PM

Weekly Must-Read: China Lines Up Yet More Aid for the Property Sector, But Will It Be Enough?

New round of policy measures to support beleaguered developers is imminent, as Beijing seeks to check a protracted downturn, Caixin has learned

Dec 02, 2022 03:18 PM

Shanghai Composite Index Fell 0.29% on Friday

Shenzhen Component Index closed down 0.39%

Dec 02, 2022 03:03 PM

CX Daily: U.S. Audit Row Dims Big Accounting’s Prospects in China

China targets seniors in the renewed Covid vaccination drive. Plus, the country’s manufacturing activity contracts again, Caixin PMI shows

Dec 02, 2022 09:53 AM

Guangzhou Pushes Life Toward Normalcy After Easing Covid Curbs

Southern China metropolis reopens shops and restaurants, resumes public transit and dismantles barriers around communities

Dec 02, 2022 06:14 AM

Commercial Banks Offer $310 Billion of Credit Lines to Developers

Cash-strapped real estate starts benefiting as authorities push for more borrowing capacity

Dec 02, 2022 06:06 AM

Opinion: China Needs Heartwarming Pandemic Policies in the Face of Winter’s Cold

Flexible, targeted, scientific disease control policies can help get China’s people humanely through the winter

Dec 02, 2022 05:52 AM
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