Caixin

Cover Story: China’s ‘Zero-Covid’ Looks Done. So, What to Expect Next?

Vaccination campaign for the elderly gets rebooted and switch to home quarantine for close contacts and self-testing gathers pace across the country

Foxconn’s Sales Plunge Amid Zhengzhou iPhone Factory Disruption

November revenue drops nearly 30% from October as workers flee Covid outbreak, forcing the plant to jack up wages and offer bounties to lure people back

Caixin-Sinica Business Brief: China Mourns Death of Former President Jiang Zemin
Dec 03, 2022 05:11 PM
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Former HKEX CEO Charles Li to Launch Micro Connect Exchange in Macau

New financial assets platform will offer global investors access to China’s micro and small businesses, which will benefit from more financing

Dec 06, 2022 04:35 AM

BYD Has Tesla In Its Sights After a Year of Runaway Growth

Warren Buffet-backed EV giant moves into higher-profit luxury vehicles but still lacks a clear digital DNA, industry analysts say

Dec 06, 2022 04:18 AM

Shein to Spend $15 Million on Factories After Labor Abuse Findings

Chinese fast-fashion giant slashes orders from two suppliers after probes find excessive working hours and allegations of illegal penalties

Dec 06, 2022 04:15 AM

Gallery: Jiang Zemin’s Life in Pictures

The former president’s remains were cremated Monday at Babaoshan Revolutionary Cemetery in Beijing. Born in 1926 in East China’s Jiangsu province, Jiang joined the Chinese Communist Party in 1946 and served as the paramount leader of China from 1989 to 2002. As leader, Jiang paved the way for China’s economic miracle and its growing global status. His memorial service will be held Tuesday

Dec 05, 2022 08:11 PM

Gallery: Taikonauts Touch Down

Three taikonauts, China’s name for astronauts, landed in Inner Mongolia on Sunday night, returning in the Shenzhou-14 spacecraft after six months aboard the Tiangong space station. The crew, which took off on June 5, conducted five rendezvous and dockings, performed three spacewalks and gave online science lectures from the space station

Dec 05, 2022 07:33 PM

Shanghai Composite Index Rose 1.76% on Monday

Shenzhen Component Index closed up 0.92%

Dec 05, 2022 03:03 PM

Huawei Pushes Smartwatches in Japan as U.S. Sanctions Bite

The wearables can be made without cutting-edge chips subject to restrictions that are used in its smartphones

Dec 05, 2022 01:58 PM

China Stocks Climb, Yuan Rises Past Key Level on Reopening Shift

The currency broke the closely watched 7-per-dollar level, while a Hong Kong index of mainland stocks rallied as much as 4%

Dec 05, 2022 01:09 PM

Oil Jumps as China Loosens Curbs and OPEC+ Keeps Output Steady

U.S. benchmark crude price climbs above $81 a barrel, building on last week’s nearly 5% gain

Dec 05, 2022 01:03 PM

Editorial: Reform and Opening-Up Is Needed to Get China’s Economy Back on Track

Easing of Covid restrictions won't automatically lead to recovery, with more economic reforms required by the government at all levels

Dec 05, 2022 09:25 AM

Beijing City Government Denies Rumors That Covid Controls Set to be Scrapped

Speculation had swirled online that the capital was poised to ditch nucleic acid testing and health code checks in public places

Dec 03, 2022 06:22 PM

Analysis: Guangzhou Becomes Test Case for Coexistence With Covid in China

The southern metropolis this week relaxed a string of tough ‘zero-Covid’ restrictions including snap lockdowns and centralized quarantine for close contacts

Dec 03, 2022 06:06 PM

China Oceanwide Has Potential Buyer for $1.2 Billion LA Project

After spending $3.5 billion on U.S. projects, the company has battled to recoup its overseas outlays and revive its mainland China operations

Dec 03, 2022 05:51 PM

Caixin-Sinica Business Brief: China Mourns Death of Former President Jiang Zemin

Guangzhou eases Covid curbs, UBS economist predicts China to fully reopen in the third quarter of 2023, housing sales slump persists despite rescue efforts

Dec 03, 2022 05:11 PM

Chinese Solar Panel Makers Are Dodging Tariffs, U.S. Finds

Commerce Department probe turns up evidence that some assemblers in Southeast Asia are evading decade-old American duties

Dec 03, 2022 05:08 AM
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