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  • Caixin China Biz Roundup: No Plans to Invest in Automakers, Huawei Says

    Tech giant says it has no ambitions to hold shares in car companies; Gansu ultramarathon organizer put a team of temps in charge of the disastrous event; and British variant of the coronavirus has been detected in Shenzhen

    May 25, 2021 18:46 PM

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  • Caixin-Sinica Business Brief: Behind the Dramatic Crash in Crypto Prices

    Plus, twenty-one marathon runners die in a storm in northwestern China; ByteDance co-founder announces that he will step down as CEO ; and the 'father of hybrid rice' passes away

    May 25, 2021 17:11 PM

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  • Caixin China Biz Roundup: ‘A Living Hell’ – How an Ultramarathon Turned Deadly

    Twenty-one people were killed after a race was struck by extreme weather; China mourns the death of the ‘Father of Hybrid Rice'; and more on Shenzhen's swaying skyscraper

    May 24, 2021 19:42 PM

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  • Caixin China Biz Roundup: ByteDance CEO to Step Down

    Co-founder Zhang Yiming plans to leave the top position to focus on ‘longer-term initiatives’; China reports an over 50% drop in divorces after introducing ‘cooling-off’ policy; and U.S. President Joe Biden says his country won’t pump its breaks when it comes to overtaking the global electric vehicle market

    May 21, 2021 17:03 PM

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  • Caixin China Biz Roundup: China’s Crypto Crackdown Intensifies

    Prices of Bitcoin and Ethereum tumble after the world’s second-largest economy toughens restrictions on such digital assets; the U.S. postpones an investment ban on blacklisted Chinese companies and thousands are evacuated after a Shenzhen skyscraper wobbles

    May 20, 2021 17:58 PM

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  • Caixin China Biz Roundup: Huawei’s Lifeline

    By tapping into cloud and 'digital power', the Chinese telecommunication titan could return to growth; Hong Kong Disneyland suffers rollercoaster ride in 2020 as theme park reports loss; and China’s biggest shipbuilding companies get the green light for merger deal

    May 19, 2021 20:06 PM

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  • Caixin China Biz Roundup: China’s Vaccine Drive Becomes the World’s Fastest

    Nearly 14 million people in the country receive Covid-19 jabs in a single day; overseas residents are shunning the big cities of Beijing and Shanghai for southern provinces; and the WEF cancels its plans to host annual summit in Singapore due uncertainty posed by pandemic

    May 18, 2021 18:03 PM

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  • China Stories: Where’s the Pressure on Schoolkids Coming From?

    President Xi Jinping leads crackdown on tutoring industry where worried parents are fueling a boom, but experts cite inequality in access to educational resources

    May 15, 2021 16:00 PM

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  • Caixin China Biz Roundup: Asian Cities Most Vulnerable to Environmental Threats, Report Says

    Study finds that one third of the 100 cities facing the greatest ecological risks are in China; lagging regulation and insufficient domestic production mean patients with rare diseases struggle to access medication; and smartphones lose much of their early 2021 sales momentum

    May 14, 2021 19:09 PM

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  • Caixin China Biz Roundup: Why is China Having Fewer Babies?

    Although family planning policy was adjusted in 2016, the national birthrate continues to sink; 13 years  after the deadly Wenchuan earthquake struck, what happened to its survivors?; and the central bank calls for calm amid growing concerns over booming commodity prices

    May 13, 2021 17:43 PM

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