Lower Fares and a Regional Focus Help China’s Private Airlines Win Race to Profitability

Carriers like Juneyao and Spring Airlines got back in the black ahead of their state-owned competitors in the first quarter, reversing the billions of yuan in losses logged for the same period last year

Middle East Offers New Opportunities for China’s Belt and Road Investors, Analyst Says

Flush with cash from booming oil and gas sales, many countries in the region have the funds to pay for infrastructure construction

In Depth: China’s Proposed New Curbs on Private Securities Funds Spark Controversy

Draft rules tightening control of fundraising, investment and management have triggered concerns they will constrain securities funds’ freedom to execute their investment strategies

Jun 01, 2023 06:54 PM

China Slowdown Fear Is Starting to Show Up in South Korea

Global funds bought $11 billion of Korean debt in May, as a spate of weak data from its largest trading partner drives concerns the country’s growth recovery will be delayed

Jun 01, 2023 06:57 PM

Caixin Biz Roundup: Chinese EV Startup Looks Overseas as Domestic Business Stalls

Alibaba cuts 7% of cloud unit’s staff, and Shein to launch an Amazon-like platform in U.S. to compete with Temu

Jun 01, 2023 06:54 PM

Gallery: Children Celebrate Day of Their Own

Youngsters across China marked International Children’s Day this week with performances and other special events. Many schools and kindergartens began their activities for the day, bringing families together. International Children’s Day, which falls on Thursday this year, was established in November 1949 to promote the welfare and rights of children

Jun 01, 2023 06:51 PM

Hong Kong’s Crypto Ambitions Get a Guarded Reception

The city’s new regulatory regime lets exchanges offer trading services if they secure and comply with licenses designed to shield investors from risky practices

Jun 01, 2023 06:48 PM

Law Enforcement Personnel in Southwest China Detained for Assaulting Journalist

The police official and two auxiliary officers in Guizhou province were also dismissed from their positions for attacking the reporter, who was investigating the deaths of two local teachers

Jun 01, 2023 06:44 PM

Asia’s Factories Signal More Pain as China Recovery Falters

With purchasing managers indexes dropping in export-driven economies like Taiwan and Vietnam, the negative effects of weak Chinese growth are expected to further impact the region's trading partners

Jun 01, 2023 06:40 PM

China Names New Head of Communist Youth League as Twice-a-Decade Meeting Looms

Former vice governor of Jilin province, A Dong, has taken over as the first secretary of the secretariat of the league, which is known as the ‘helping hand and reserve force’ to the party

Jun 01, 2023 06:00 PM

Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

Jun 01, 2023 03:03 PM

Southern China Faces Tight Power Supply Amid Hot Weather

Demand in Guangdong surges just as supply from Yunnan hydropower plants dries up following low precipitation

Jun 01, 2023 05:24 AM

Cargill to Sell China Poultry Business to Private Equity Firm

Slack demand and high production costs put profit under pressure in the world’s largest meat market

Jun 01, 2023 05:20 AM

BRICS-Backed New Development Bank Issues Record $1.2 Billion of Panda Bonds

Yuan-denominated borrowings on China bond market will support international lender’s infrastructure and sustainable development projects

Jun 01, 2023 03:39 AM

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

Jun 01, 2023 03:20 AM

China’s Housing Sales by Top Developers Slow as Rebound Falters

May deliveries fall 14.3% from April after gaining at least 29% in earlier months, showing that ‘the sector is still sick,’ analysts say

Jun 01, 2023 03:18 AM

Chinese ChatGPT Rival Mobvoi Files for Hong Kong IPO

Google-backed AI business may raise $200 million to $300 million to fund further R&D and potential expansion investments

Jun 01, 2023 03:16 AM

Commentary: What to Expect From Elon Musk’s Visit to China

Speculation is rife that the Tesla CEO could announce plans in connection with the launch of a revamped version of the Model 3 or the testing of its Full Self-Driving system in the country

May 31, 2023 08:20 PM
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