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

: In Depth: Investors Dump China’s Vape-Makers as Regulators Look to Apply Tobacco Law
Shares of China’s biggest e-cigarette maker dive nearly 50% after detail-light announcement on tightening regulation

: New Rules Restrict What Kind of Personal Information Apps Can Demand
New regulations say apps should not deny users access to basic services if they refuse to share data beyond what is deemed necessary

More restrictions on purchases and tougher listing rules are among strategies to limit speculation and rein in price inflation

: Like Its Business, Baidu Ends Flat in Hong Kong Debut
Search giant’s shares close unchanged in first day after their Hong Kong IPO, as company follows U.S.-listed peers with secondary listing

Yuan Internationalization Is Not Aimed at Challenging U.S. Dollar, PBOC Research Head Says

China’s efforts to get more foreigners to use its currency isn’t aimed at supplanting the greenback as a major reserve currency

: Blog: Star Interpreter at Alaska Talks Graces Front Row of China Diplomacy
Internet hit Zhang Jing is the latest translator to excel in key historical events going back to the time of Mao Zedong
Mar 23, 2021 08:06 PM

: China’s Largest Gold Miner Sees Profits Jump on Higher Prices
Zijin Mining also spent heavily on acquisitions last year, pushing its borrowings up by more than 50%
Mar 23, 2021 06:25 PM

: Caixin China Biz Roundup: China is Still Biggest Exporter of International Students to U.S.
In today’s episode: despite the Covid-19 pandemic and geopolitical tensions, the majority of foreign students at American schools were Chinese in 2020; central bank governor warns that climate change poses new challenges to financial stability; and the banking regulator’s latest crackdown on microfinance firms
Mar 23, 2021 06:09 PM

: Communist Party’s Corruption Crackdown Nets Three Beijing Court Officials
Party’s internal graft-buster is investigating a deputy chief of the city’s internet court, a division head at an intermediate court, and a senior official at the capital’s high court
Mar 23, 2021 05:55 PM

: Chinese and Russian Foreign Ministers Call on the U.S. to Stop Seeking ‘Bloc Confrontation’
Wang Yi and his Russian counterpart Sergei Lavrov made the statement at a meeting in Guilin, China
Mar 23, 2021 05:43 PM

: Gallery: China Digs Further Into Ancient Civilization
Chinese archaeologists recently unveiled a cache of artifacts dating back about 3,000 years at Sanxingdui, one of China’s most important bronze age archaeological sites, which is located in the southwestern province of Sichuan. The discoveries, including a gold mask and pieces of gold foil and ivory, help shed a light on the ancient Shu civilization that vanished thousands of years ago, authorities said
Mar 23, 2021 03:58 PM

: China Needs 80% Vaccination Rate for Herd Immunity, Expert Says
Zhang Wenhong, director of the infectious disease department at Shanghai’s Huashan Hospital, says the country has to achieve a rate that is higher than the usually stated 70%
Mar 23, 2021 03:27 PM

: Bilibili Eyes Up to $3.2 Billion in Hong Kong IPO
Video platform's planned IPO follows the trend of U.S.-listed Chinese companies seeking trading footholds in the city
Mar 23, 2021 03:18 PM

: China in $1.5 Billion Swap Deal as Sri Lanka Seeks to Alternative to IMF
The South Asian nation is looking to reduce its reliance on the IMF before $3.7 billion of foreign debt matures this year
Mar 23, 2021 03:13 PM

: Shanghai Composite Index Fell 0.93% on Tuesday
Shenzhen Component Index closed down 1.12%
Mar 23, 2021 03:03 PM

: China Hurdle Threatens Applied Materials’ Bid for Kokusai Electric
No green light from regulators by Friday would mean a $154 million termination fee for current owner KKR
Mar 23, 2021 01:45 PM

: Rich Chinese Moms Draw Daio Paper’s High-End Feminine Products
Japanese company to leverage name recognition built though baby diapers
Mar 23, 2021 01:34 PM

: CCI Partners with GCL to Form $1.5 Billion Carbon Neutrality Fund
Companies meet strong demand for green finance as Beijing seeks lower carbon emissions
Mar 23, 2021 06:32 AM

: China Remains Top Source of Foreign Students in the U.S. Despite Pandemic Plunge
Enrollments by Chinese students dropped 92,000 last year but China still contributes almost a third of total
Mar 23, 2021 06:14 AM