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

TOP STORIES

: 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

: 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

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

: China Manufacturing Activity Recovers as Covid Curbs Eased, Caixin PMI Shows
The manufacturing sector moved into expansionary territory in June, as loosening of Covid restrictions allowed suppliers to reopen production lines and shorten delivery times

Two Tencent Vice Presidents Step Down

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

A-Share Database >>

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

Jul 01, 2022 06:43 PM

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LATEST NEWS

: 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

: 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

: China Green Bulletin: Beijing Promotes Green Transportation
State Council aims to hasten development of the country’s smart carbon monitoring system, and coal regions plan to boost output by 200 million tons this year
Jul 01, 2022 06:05 PM

: Gallery: A Pioneer in Blending Chinese and Western Styles
A painting by Chinese modern artist Lin Fengmian sold for $1.1 million at auction in Hong Kong on June 2. “Dunhuang Musicians” is the largest-ever work by the master and considered a rare piece from his 1950 collection of works. Born in 1900, Lin is considered a pioneer of Chinese painting for his blending of Eastern and Western styles. He was one of the first Chinese painters to study in Europe and an important innovator of art education
Jul 01, 2022 04:30 PM

: China Adds $45 Billion to Stimulus to Pay for Infrastructure
The commitment follows an $119 billion injection into infrastructure last month and is part of an effort to spur investment and increase employment
Jul 01, 2022 03:16 PM

: Chinese Stocks in U.S. Top S&P With Best Month in Three Years
The Nasdaq Golden Dragon China Index closed up 16% in June, marking its first two-month winning streak since February 2021
Jul 01, 2022 03:14 PM

: Shanghai Composite Index Fell 0.32% on Friday
Shenzhen Component Index closed down 0.28%
Jul 01, 2022 03:03 PM

: Weekly Must-Read: How Bad Is China’s Manufacturing Exodus?
While disruptions from pandemic controls threaten to add impetus to the outflow, China retains tremendous advantages over India and Southeast Asia
Jul 01, 2022 12:11 PM

: CX Daily: How SoftBank Wrestled Back Control of Arm China
China’s trade deficit with Russia balloons. Wealthy provinces slash civil servants’ pay. Plus, the country’s vehicle sales top expectations in June
Jul 01, 2022 09:30 AM

: Zijin Mining Pours $269 Million More Into Lithium Assets
Copper and gold mining giant continues strategic shift with plan to acquire 75% of Houdao Ming, owner of the Xiangyuan lithium project
Jul 01, 2022 04:29 AM

: Noah Holdings Seeks $43 Million in Hong Kong Secondary Listing
Chinese wealth manager facing delisting in New York amid accounting dispute joins a long parade of companies tapping into the HK market
Jul 01, 2022 04:19 AM