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

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

Chinese Province Slaps Blanket Ban on P2P Lending

None of the platforms local regulators in Hunan checked for possible inclusion in a national registration system were up to scratch

Chart of the Day: Chinese Banks Replenishing Their Capital Through Bond Sales

Chinese banks have issued bonds worth $138 billion this year for capital replenishment — a record high and more than double the value sold last year

Angry Homeowners Demand Refunds After Developer Slashes Prices

Protest targeting Evergrande poses evidence of weaker housing market in small cities

Oct 17, 2019 09:34 PM

E-Commerce Platform in Crisis After Spending $225 Million in Merchants’ Cash

Taojiji’s CEO has offered the angry vendors equity in the company that just fleeced them

Oct 17, 2019 09:13 PM

After Coming Under Fire in U.S., TikTok Hires Local Law Firm for Policy Advice

Short video app’s new advisory team from law firm of K&L Gates includes two former congressmen

Oct 17, 2019 08:55 PM

Chinese Scooter-Maker Riding High As Profits Surge on U.S. Market Growth

HL Corp., hammered last year when China’s bike-share bubble burst, has seen its fate turn on the growing popularity of electric-scooter sharing in the West

Oct 17, 2019 08:47 PM

Caixin China Biz Roundup: Hong Kong Unveils New Housing Affordability and Access Measures

Today's episode discusses why Hong Kong is rolling out new housing affordability and access measures; Huawei's robust revenue grows despite the U.S. export ban; IMF policy recommendations for China

Oct 17, 2019 07:14 PM

China Office Vacancies Reach Decade High on Slowing Economy

The vacancy rate in 17 major cities climbed to 21.5% in the third quarter

Oct 17, 2019 02:26 PM

Profit Warnings Plague Corporate China as Economy Worsens

Almost half of more than 1,200 firms that gave profit guidance in the third quarter predicted worse earnings

Oct 17, 2019 02:20 PM

CX Daily: IMF Cuts Global Growth Outlook to Slowest Since Financial Crisis

Plus, Hong Kong unveils measures to ease housing woes; PBOC unshackles daily yuan fixing and China's market for foreign banks and insurers formally opened

Oct 17, 2019 09:25 AM

China Urgently Needs to Reduce Banking Sector Risks, IMF Says

Policymakers should also deploy fiscal policy to counter effects of trade war and rebalance economy, global finance group says in new reports

Oct 17, 2019 05:44 AM

China Beats U.S. 8-1 When It Comes to Charging Electric Cars

Accelerated rollout of stations for juicing up EVs supports ambitious goals for electrifying the vehicle fleet

Oct 17, 2019 05:30 AM
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