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

: Exclusive: Lessons From the Chinese Silk Road Fund’s Eight-Year Journey Along the Belt and Road
Wang Yanzhi, president of the SRF, charts the milestones of the fund’s investment journey in more than 60 countries and regions

: China Allows Cities to Further Cut Mortgage Rates Amid Housing Slump
Top financial authorities up the ante after 650 policy moves this year fail to move the needle for the plummeting $2.4 trillion industry

Domestic traders have already been stocking up on crude oil in anticipation of new quotas, analysts say

: Philippines to Deport 40,000 Chinese in Shutting Down 175 Online Casinos
Crackdown on lucrative industry triggered by reports of murders, kidnappings, extortion and other crimes involving Chinese workers, justice ministry says

BYD Launches Three Electric Vehicles in Europe

Chinese EV maker is set to take on European powerhouses VW, BMW and Mercedes-Benz as well as American giant Tesla

Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan

Sep 29, 2022 10:44 PM

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: China Issues Type Certification to Homegrown C919 Jetliner
Photos on social media show ceremony clearing Comac to start delivering new plane to customers after 14 years of development
Sep 30, 2022 04:54 AM

: China Vows to Speed Up Delayed Housing With Special Loans
Central bank may expand program as it rolls out city-specific policies intended to address the year-long real estate debacle
Sep 30, 2022 04:39 AM

: Caixin China Biz Roundup: China Warns Not to Bet Against the Yuan
Central bank says speculators will lose money in the long term; Beijing’s big ambitions for hydrogen-fueled cars; and Anxin gets cleared to resume its core trust business
Sep 29, 2022 10:44 PM

: Restaurant Blaze Kills 17 in Northeastern China
The incident at a tech zone in the city of Changchun has been blamed on a leaking liquefied natural gas tank and blocked fire escapes
Sep 29, 2022 09:54 PM

: Photo Essay: Pioneering Chinese Lawyer Teaches Law to the Deaf
Tang Shuai uses sign-language in online videos and live broadcasts to educate the hearing-impaired, while cultivating multilingual interpreters with knowledge of the legal system
Sep 29, 2022 09:52 PM

: Gallery: China Reaches Basketball World Cup Semifinals
The women’s national team entered the semifinals of the FIBA Basketball World Cup for the first time in 28 years on Thursday after a victory over France in the quarterfinals. The team defeated South Korea, Bosnia and Herzegovina, and Puerto Rico in the group stage to reach the quarterfinal and will compete with either Belgium or Australia next. To mark the team’s breakthrough, Caixin compiled images of the leading figures in the national team’s history
Sep 29, 2022 08:39 PM

: As Tensions Mount, Xi and Japan’s Kishida Discuss Future of Ties
In conversation to mark anniversary of diplomatic ties, leaders express hope for bilateral relationship
Sep 29, 2022 08:29 PM

: Investors Dump Developer CIFI’s Stock on News of Missed Financial Payment
Firm’s statement that it is resolving the issue does little to allay concerns as value of Hong Kong-listed shares halves
Sep 29, 2022 07:30 PM

: CALB Prices $1.3 Billion Hong Kong IPO at Bottom of Marketed Range
The Jiangsu-based firm pitched the 265.8 million shares at HK$38 to HK$51 each, sources say
Sep 29, 2022 06:32 PM

: Chinese EV-Maker Leapmotor Tumbles in Hong Kong Debut
The Hangzhou-based firm is listing in a grim week for equities trading globally, and an underwhelming year for Hong Kong IPOs
Sep 29, 2022 06:27 PM

: Gallery: Ancient Fish Fossils Reveal Evolutionary History
A collection of fish fossils unearthed in Southwest China has shone new light onto the evolution of vertebrates with jaws, including humans. The research, published in the journal Nature, analyzes recently discovered species dating back more than 430 million years. The researchers, led by Zhu Min from the Chinese Academy of Sciences’ Institute of Vertebrate Paleontology and Paleoanthropology, also presented the oldest teeth ever found from a jawed vertebrate
Sep 29, 2022 04:26 PM

: CATL Plans $1.9 Billion Battery Project in Central China
The firm will raise up to 10 billion yuan in China’s interbank bond market to fund the construction in Henan province, which will take up to three years
Sep 29, 2022 04:24 PM

: Goldman, Morgan Stanley CEOs Commit to Hong Kong Banking Summit
The summit is seen as a step toward showing the financial hub is open for business, after more than two years of strict Covid travel requirements
Sep 29, 2022 04:21 PM

: PBOC Warning on Speculation Sparks First Yuan Gain in Nine Days
The People’s Bank of China late on Wednesday issued a strongly-worded statement saying that speculators will definitely lose money in the long term
Sep 29, 2022 04:18 PM