China News Explained - Caixin Global

Mar 22, 2023 03:29 AM

Caixin Explains: Why Some Credit Suisse Bondholders Got Wiped Out and Shareholders Didn’t
Swiss authorities ranked holders of $17 billion of additional tier 1 bonds behind equity holders in an unusual reversal of payment hierarchy, which U.K. and EU quickly repudiated
Mar 13, 2023 21:26 PM

Analysis: Why China Set Its 2023 GDP Growth Target at ‘Around 5%’
The new leadership set what many consider to be a moderate goal despite stronger-than-expected economic activity this year and a low base in 2022
Jan 11, 2023 20:54 PM

Caixin Explains: Why Countries Are Putting Curbs on Travelers From China
On Tuesday, the Chinese embassies in Japan and South Korea retaliated against both countries by suspending visa issuance. This is the first time Beijing has pushed back against these restrictions, some of which have been in place since late December
Nov 11, 2022 20:08 PM

Caixin Explains: Why Is China’s Youth Unemployment So High?
Regulatory crackdowns have hit the private companies that are usually hungry for young employees, while other businesses are vanishing due to Covid controls and a slowing economy
Oct 14, 2022 18:32 PM

Caixin Explains: Five Things to Know About TikTok’s Future
Is ByteDance really worth $300 billion? The answer depends on solving the riddle of how to make more money on the global short-video app
Oct 13, 2022 19:39 PM

Caixin Explains: What to Look Out For at the 20th Party National Congress
Some 2,300 delegates are set to review a comprehensive work report presented by President Xi Jinping, as well as approve amendments to the Communist Party constitution and elect a new Central Committee for the next five years
Oct 07, 2022 20:19 PM

Five Things to Know About China’s Unused Government Bond Quota as New Stimulus
With more than $197 billion already added to policy banks’ investment and lending quotas, Beijing has ordered local governments to issue additional special-purpose bonds to give the economy an extra boost
Sep 15, 2022 19:56 PM

Caixin Explains: How Corrupt Officials Hide Their Wealth Overseas
With former China Life Insurance Chairman Wang Bin arrested on corruption charges, Caixin delves into the infrequently mentioned crime of concealing savings abroad
Aug 30, 2022 20:38 PM

Caixin Explains: Washington’s Drive to Hobble Chinese Chipmaking
A new law that could force chipmakers to choose between the U.S. and China is just the latest effort to keep the Asian giant from moving up the semiconductor supply chain
Aug 25, 2022 17:03 PM

Four Things to Know About China’s Power Crunch
A record heat wave and drought have sapped hydropower generation, dragging on the economy and forcing a rethink of future electricity supplies
Aug 10, 2022 15:39 PM

Five Things to Know About China’s Scandal-Struck Chip Industry ‘Big Fund’
How the multibillion-dollar industrial incubator supported the government’s plan to make China a self-sufficient semiconductor powerhouse
Aug 02, 2022 21:17 PM

Analysis: Systemic Issues in China’s Fledgling Carbon Market Put Brakes on Expansion
Low profits and onerous reporting standards put stakeholders under pressure to ‘cook the books’
Aug 02, 2022 20:01 PM

Caixin Explains: How China’s Communist Party Elects Delegates to Its National Congress
The delegates will officially elect around 200 members of the party’s top decision-making body, the Central Committee, which will in turn formally name the seven-member Politburo Standing Committee — China’s top leaders
Jul 26, 2022 20:31 PM

Caixin Explains: Four Chinese Laws That Can Help People Protect Their Personal Information
As China dials up pressure on companies accused of data breaches, citizens are increasingly able to look to the law to assert their privacy and personal information rights
Jul 15, 2022 20:56 PM

Five Things to Know About Chinese Policy Banks’ Latest $45 Billion Infrastructure Stimulus
The stimulus could in theory leverage as much as 1.2 trillion yuan in credit from the market, economists say
Jul 13, 2022 21:12 PM

Four Things to Know About China’s Henan Rural Bank Scandal
While regulators have now said some savers will get their money back, those with big bucks in the six village banks involved may not be so lucky
Jul 06, 2022 20:57 PM

Caixin Explains: China Takes Another Step to Unshackle Interest Rates
The central bank has taken another step forward in shifting its savings rate regime to a more market-based system
Jun 16, 2022 20:22 PM

Caixin Explains: Who Controls China’s Health Code Apps
Three different parts of the government are in charge of three different areas of their local systems for tracking whose at risk of spreading Covid
Jun 15, 2022 21:13 PM

Four Things to Know About China’s Plan to Go ‘All-Out’ on Infrastructure
As policymakers dust off the old stimulus playbook to boost growth, some observers wonder if the spending drive will have the desired effect
Jun 07, 2022 19:07 PM

Caixin Explains: Why Newly Listed Chinese Stocks Fall Below Their IPO Prices
Shares of 62 of the 107 companies that went public on the Chinese mainland this year as of April 20 were trading below their offer prices that day