Caixin

China’s GDP Growth Slides to Weakest in Almost Three Decades

Third-quarter economic expansion touches bottom of government’s 2019 target range, but statistics bureau sees better times on the horizon

Ling Huawei: Are Banks Making High Provisions for Tax Avoidance? Or for Rainy Days?

An economy’s nonperforming assets eventually have to be reflected as bad debts and that means banks have to make provisions against the losses and that can only come from their profits

Exclusive: State Shipbuilding Giant CMIH Invites Investors in Search for Listing

China Merchants unit launches mixed-ownership restructuring to strengthen finances in the face of a toughening market environment, sources say

Chart of the Day: Beijing Points System Mints 6,007 New Residents

Winners of coveted residency permits concentrated in banking, high-tech and state-owned industries

Popular Walking App Qubu Faces Financial Fraud Probe

‘Candy coin’ digital currency model has lured 30 million fitness fans but could be a scam

Caixin China Biz Roundup: China's Economic Growth Slowest in Nearly Three Decades

Today's episode discusses China economic growth falling to its lowest in nearly 30 years; the country's new measures to tackle pollution; State shipbuilding giant CMIH invites investors in search for listing.

Oct 18, 2019 08:37 PM

Tencent-Backed E-Book Unit Raises $100 Million in Funding Round

Midu is among new cohort of Chinese e-book providers luring audiences with free content

Oct 18, 2019 07:55 PM

Chinese Bidders Read Up on Australia’s Modern Star

Up-for-sale Modern Star has attracted a handful of deep-pocketed private equity and trade buyers.

Oct 18, 2019 05:42 PM

U.S. Meat Producer Bans Pig-Fattening Drug in Bid to Target China Demand

China suspended meat imports from Canada earlier this year after detecting the feed additive ractopamine, which is widely used in North America but banned in the Asian nation

Oct 18, 2019 03:28 PM

Hong Kong Hedge Funds See Biggest Quarterly Outflow Since 2009

Net redemptions total about $1 billion in the three months through September

Oct 18, 2019 12:25 PM

CX Daily: China, U.S. Working on ext of Phase One Trade Deal

Plus, more scrutiny on banks, including graft probe of executives, court rulings making banks accountable for customers' losses, a ban on P2P lending

Oct 18, 2019 10:09 AM

Sinochem Solicits Investors for 3 Units and Weighs Public Listings

State-owned industrial giant would retain at least 30% of 2 finance units, which may float shares on mainland, as public offering of energy unit remains up in the air

Oct 18, 2019 05:20 AM

HNA Stymied in Attempt to Sell Stake in $8.5 Billion Plane Lessor

Japan’s Orix demurs on buying the 70% of Avolon that it doesn’t already own as Chinese group continues unwinding global buying spree

Oct 18, 2019 03:08 AM

Shanghai Executives of Ping An Bank Targeted in Graft Probe

China Guangfa Bank’s Suzhou branch chief also implicated as investigators continue pursuing leads from Liu Shiyu case

Oct 18, 2019 01:53 AM

China, U.S. Working on Text of Phase One Trade Deal: MOFCOM

Comments follow U.S. Treasury Secretary’s revelation Tuesday that both parties are discussing wording ahead of a possible November signing

Oct 17, 2019 09:47 PM
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