Caixin

Weekend Long Read: What Challenges Await Singapore’s New Leadership

With a clear succession line in place, the country’s fourth-generation leaders led by Lawrence Wong are poised to tackle widening inequality at home and contentious geopolitics marked by China-U.S. tensions in its backyard

Nepal and China Mull Cross-Border Railway Through Himalayas

Foreign Minister Wang Yi told his Nepalese counterpart that Beijing will fund a feasibility study on a railway this year as part of the Belt and Road Initiative

In Depth: Bailouts Multiply as Pressure Mounts to Stabilize China’s Housing Market

Rescuing individual projects may defuse mortgage boycott but further action may be needed to restore confidence, analysts say

Caixin China Biz Roundup: New ‘Langya’ Virus Detected in China
Aug 12, 2022 06:45 PM
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Huawei Reverses Six-Quarter Sales Slump as Diversified Businesses Offset Sanctions

Revenues for smartphone giant Huawei rise 1.4% in the second quarter on gains in other its business lines; Revenues still down 5.9% in the first half from year ago

Aug 13, 2022 04:37 AM

Battery Giants, Hyundai Concerned by U.S. Moves on China Supplies

South Korean EV industry frets over proposed U.S. tax credits aimed at boosting America’s EV production and limiting use of Chinese materials; South Korean trade officials warn U.S. plans may violate international trade rules

Aug 13, 2022 01:14 AM

Mercedes, CATL Partner on $7.6 Billion Hungary Battery Plant

Debrecen plant to build enough batteries per year to power more than a million cars; Automakers BMW, Stellantis, and Volkswagen on board as customers

Aug 13, 2022 12:50 AM

Fangda Injects $1.6 Billion More to Keep Hainan Airlines Flying

Carrier will use capital to ease financial pressure in the wake of Covid-19 lockdowns

Aug 12, 2022 09:09 PM

Charts of the Day: China’s Shrinking Overseas Construction Business

Total size of new contracts in the first half falls by over 6% amid the pandemic and war in Ukraine

Aug 12, 2022 08:31 PM

Tech Insider: Sanctioned SMIC Beats Estimates, BYD Heads to Thailand

Shein overtakes Amazon in U.S. downloads, Xiaomi to test self-driving cars

Aug 12, 2022 08:21 PM

Gallery: Shanghai Bids Goodbye to Nostalgic Street

Shanghai’s Yuan dynasty Confucian Temple and its surrounding communities are about to receive a major facelift. As stores and restaurants on neighboring Wenmiao Road are closing due to the project, locals have flocked to the area to bid goodbye to the businesses, many of which have been running for decades

Aug 12, 2022 07:13 PM

Caixin China Biz Roundup: New ‘Langya’ Virus Detected in China

What we know about the pathogen so far; the corruption investigation shaking the domestic semiconductor scene; and direct flights restart between China and the U.K.

Aug 12, 2022 06:45 PM

China Green Bulletin: Beijing Says Climate Talks Halt Is Washington’s Fault

China creates principles to streamline green bond market, government agencies expect industrial carbon emissions to peak by 2030 target

Aug 12, 2022 06:24 PM

China State-Owned Giants Plan to Delist From U.S. Amid Audit Spat

In a quick succession of disclosures, China Life, PetroChina and Sinopec each announce their intentions to leave American exchanges

Aug 12, 2022 05:58 PM

CX Daily: Bailouts Multiply as Pressure Mounts to Stabilize China’s Housing Market

China’s special climate envoy says the U.S. is “fully responsible” for the suspension of bilateral climate talks

Aug 12, 2022 05:46 PM

Gallery: Greenland’s Melting Glaciers

Billionaires including Jeff Bezos, Michael Bloomberg and Bill Gates are funding a search for rare minerals under Greenland’s disappearing glaciers. Over the past decades, rising temperatures have triggered rapid ice melting on the island, potentially revealing deposits of nickel and cobalt that can be used to power electric vehicles

Aug 12, 2022 05:30 PM

China to Speed Brazil Corn Imports Amid Ukraine War, U.S. Tensions

Beijing has been seeking to diversify the country’s corn imports, of which about 70% came from the U.S. and 30% from Ukraine last year

Aug 12, 2022 05:10 PM

Shanghai Composite Index Fell 0.15% on Friday

Shenzhen Component Index closed down 0.44%

Aug 12, 2022 03:03 PM

BlackRock Offers Bitcoin Investing to Big Institutional Clients

Despite the steep downturn in the crypto market, the world’s largest asset manager says there’s ‘substantial interest’ from some clients for access to these assets

Aug 12, 2022 02:38 PM
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