Caixin

In Beijing and Washington, Leaders Signal a Growing Tech Arms Race

Both nations signal growing focus on technological independence, as Biden administration gives little sign of gentler approach

Weekend Long Read: Paul Samuelson Saw China’s Inequality Problem Coming

In 1998, the late economist, who won the Nobel Prize in 1970, talked about difficulties in economic studies and application and warned about two major problems China would encounter

China Drops Animal Testing Requirement for Most Imported Cosmetics

Change could be a boon for ‘cruelty free’ and vegan skincare companies eyeing China’s $65 billion beauty market

Another State-Backed Coal Firm Misses Bond Payments as Regulator Pledges ‘Zero Tolerance’

Jizhong Energy Group Co. Ltd. missed part of its payments on two bonds that came due this week

Mar 06, 2021 06:02 PM

U.S. to Extend Tariff Exclusion on China Virus Supplies 6 Months

Biden administration extends Trump exclusions to its tariffs on Chinese products, which were enacted to help fight pandemic

Mar 06, 2021 05:38 PM

China Stories: Hundreds of Chinese Patients Died in ‘Redundant’ Trials of Proven Drugs

Study shows 100,000 patients went untreated in placebo trials of heart disease drugs that overwhelming evidence already showed were safe and effective

Mar 06, 2021 05:00 PM

New U.S. Commerce Secretary Pledges to Use ‘Entity List’ to ‘Full Effect’

Gina Raimondo lays out tough stance, calling Chinese telecom companies a ‘threat’ and China’s behavior ‘anti-competitive’ and ‘coercive’

Mar 06, 2021 06:20 AM

Two Sessions 2021: China Targets Tech Self-Reliance With Massive Research Spend

New 5-year plan sets out goals for increasing R&D spending, high-value patents and digital-economy contributions to GDP

Mar 06, 2021 05:53 AM

China Bond Yields Turn Negative in Burst of Friday Trading

Shenzhen Stock Exchange imposes restrictions on participants who drove prices of China Development Bank bonds straight up

Mar 06, 2021 02:44 AM

Two Sessions 2021: Highlights of Premier’s Government Work Report

GDP growth target set at ‘over 6%’ as government seeks to create millions of new urban jobs and keep prices ‘generally stable’

Mar 05, 2021 09:17 PM

Two Sessions Digest: What Are Attendees Asking for the Government to Do?

Caixin’s rundown of the business and finance proposals being made by those heading to China’s top political meetings

Mar 05, 2021 09:10 PM

Despite Pledge to Change After Rider’s Death, It’s Business as Usual at Lalamove

Logistics startup said it would boost its app’s safety features and improve driver screening. A Caixin investigation found evidence of neither

Mar 05, 2021 08:43 PM

Massive Merger Will Make Little-Known Cement-Maker a National Giant

Tianshan Cement plans to acquire controlling stakes in four peers in a $15.2 billion deal that would make it China’s largest listed producer by capacity

Mar 05, 2021 08:26 PM

U.K.’s Appeal to Chinese Students Grows as U.S. and Australia Lose Luster

Applications are up 21% this year to 25,000, as the country lures Chinese students with new work visa rules and charter flights

Mar 05, 2021 08:06 PM

Caixin China Biz Roundup: Hong Kong Man’s Sudden Death Not Linked to Sinovac Vaccine, Experts Say

In today’s episode: 63 year-old died two days after receiving the shot; ride-hailing van scandal sparks concerns about the safety of women passengers; and China sets a GDP growth target of more than 6% for 2021

Mar 05, 2021 07:21 PM

China’s Demand for Fuel Accelerates Amid Swift Factory Rebound, More Traffic

Gasoline and diesel consumption has extended its run above pre-Covid-19 levels this year as more people took to their cars to avoid being infected and continued to travel locally

Mar 05, 2021 04:28 PM

Philippine Instant-Noodle Maker Monde Nissin Aims for $1.3 Billion IPO

Company behind popular Lucky Me! brand targets country’s largest listing

Mar 05, 2021 04:04 PM

Fisher: Signs of Stock Market Euphoria Aren’t a Sell Signal — Yet

Don’t cut and run for fear of a future top. But don’t get carried away, either — no matter how great returns are. Greed is growing

Mar 05, 2021 03:53 PM
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