Caixin

China’s Home Sales Show Signs of Turning the Corner

A sharp rise in month-on-month sales indicates the real estate market may have bottomed out, but it still faces considerable headwinds, consultancy says

In Depth: How Chinese Factories Are Finding Their Way to Mexico

Makers of furniture and appliances can dodge the effects of the U.S.-China trade war while avoiding pandemic-related supply chain disruptions

Chinese Cities Slash Spending as Revenue Declines

Fallout from pandemic controls and tax cuts to bolster economy force local officials to undertake sweeping budget cuts for a broad range of services

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.

China Stories: Millions of China’s Migrant Workers Find Themselves Shunned in Old Age
Jul 03, 2022 05:00 PM
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Henan Province Gets New Top Finance Regulator Amid Frozen Deposits Scandal

Liu Rong, a former deputy department chief at the China banking and insurance watchdog, will oversee all provincial financial regulation

Jul 02, 2022 06:25 PM

Boeing Pain From U.S.-China Trade War Seen in Airbus Buying Bonanza

U.S. planemaker at a ‘disadvantage‘ due to geopolitcs as Beijing orders 292 Airbus planes in $37 billion deal

Jul 02, 2022 06:23 PM

Shanghai Influencer Charged for Operating Bogus Online ETF Trading Platform

The accused, identified only as Xu, allegedly lured investors to make trades totaling $4.5 million, often resulting in heavy losses

Jul 02, 2022 06:07 PM

China Stories: Why No Bystanders Came to the Aid of Women Being Assaulted in Tangshan

Encouraging citizens to be brave to fight for justice when they encounter wrongdoings requires a system of trust and protection that will keep them from legal jeopardy.

Jul 02, 2022 05:00 PM

Weekend Long Read: ‘Not a Fairy Tale’ ― A Chinese American Judge’s Journey From Hong Kong to the U.S.

After moving to the U.S. when he was a 6-year-old in 1966, Tony Leung, a child of Chinese immigrants from Hong Kong, went to Yale and later became a federal judge in the state of Minnesota some 40 years later

Jul 02, 2022 10:00 AM

Graft Busters Probe Another Former China Railway Official

Chen Boshi, retired senior executive, comes under investigation following downfall in March of state railway operator’s former general manager

Jul 02, 2022 03:59 AM

Yuan-Ruble Trades Rise in China as Easing Covid Curbs Boost Exports

Spot transactions climb to six-month high in June following 14% rise in Chinese exports to Russia in May amid expanding shipments

Jul 02, 2022 03:16 AM

Two Tencent Vice Presidents Step Down

The pair will continue to oversee the tech giant’s interests in content production and fintech

Jul 01, 2022 08:48 PM

Chinese Tech Giants Cut Back on Office Space in Shenzhen

Tencent, JD.com and Kuaishou have reduced office occupancy in the South China technology hub

Jul 01, 2022 08:47 PM

China to Ramp Up Coal Output as Energy Demand Soars

Shrinking imports and hot weather are driving energy prices sky-high

Jul 01, 2022 08:35 PM

Tech Insider: Probed Apps Back in Stores, Alibaba Launches Carbon Accounting Tool

Nio denies short-seller claims of dodgy accounting, U.S. accused of cyberattacks on Chinese research institutes

Jul 01, 2022 08:31 PM

Gallery: Xi Joins Hong Kong Handover Celebrations

Chinese flags flew throughout Hong Kong this week as President Xi Jinping made his first visit to the special administrative region since 2017. He attended celebrations for the 25th anniversary of the territory’s return to China, as well as the inauguration of Hong Kong’s fifth chief executive, John Lee, who will lead its sixth-term government

Jul 01, 2022 08:07 PM

Xi Stresses Hong Kong Must Be Governed by ‘Patriots’ as City’s New Chief Sworn In

President says ‘one country, two systems’ principle is here to stay, while urging the city’s new leadership team to enhance its governing capability, boost economic growth and tackle quality of life issues

Jul 01, 2022 08:03 PM

BlackRock’s China ETF Lures Record Cash Amid World-Beating Rally

Some $333 million went into the iShares MSCI China ETF on Wednesday, its largest single-day inflow since the fund’s inception in 2011

Jul 01, 2022 07:25 PM

Caixin China Biz Roundup: How SoftBank Wrestled Back Control of Arm China

How the tussle with ousted CEO Allen Wu unfolded; why Chinese manufacturers are moving to Mexico; and Miniso eyes Hong Kong listing

Jul 01, 2022 06:43 PM
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