Caixin China Biz Roundup: Hong Kong Must Be Governed by ‘Patriots,’ Xi Says
Jul 04, 2022 06:43 PM

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
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