May 05, 2020 19:04 PM- Iran to Change Currency From Rial to Toman Amid High Inflation
- Iran will effectively knock four zeros off its currency and rename it, as the Middle Eastern country struggles with inflation brought on by U.S. sanctions
May 05, 2020 03:59 AM- Hong Kong Books Worst Quarterly Economic Contraction
- City’s economy slides ‘deep into recession’ with 8.9% GDP drop amid Covid-19 pandemic compounding effects of social unrest and China-U.S. trade war
May 04, 2020 17:44 PM- Nature, Faulty Maintenance Blamed for Two Recent Train Derailments
- Separate investigations found an accident that left one dead in Hunan was caused by a landslide, while another in Liaoning resulted from rail expansion caused by hot weather
May 04, 2020 17:16 PM- New Global Trade Dispute Body Advances With China Backing, but Without U.S.
- EU and Australia also support entity that would fill a vacuum left last year after U.S. paralyzed WTO’s Appellate Body, which it believed was ‘overreaching’
Apr 30, 2020 05:23 AM- Cooped-Up Beijing Residents Rush to Get Out of Town
- Easing of some Covid-19 restrictions by capital city for Labor Day holidays starting Friday results in soaring travel demand, signaling beginning of rebound for hard-hit sector
Apr 27, 2020 20:58 PM- China Steps Back Medical Supply Export Controls
- Coronavirus test kits, medical masks and protective clothing, ventilators and thermometers may again be exported without domestic regulators’ approval
Apr 27, 2020 19:26 PM- China’s Securities, Markets Regulators Launch Probe Into Luckin
- U.S.-listed coffee chain says it is cooperating with investigators after the company admitted to massive financial fraud
Apr 25, 2020 03:54 AM- China's Travel Industry Expects More Recovery for Labor Day Holiday
- Inner-city and short-distance trips will take the lead in reviving the virus-hit industry as the May 1 holidays unfold
Apr 23, 2020 19:08 PM- In Depth: Pressure Grows on China to Step Up Help for Economy
- It’s not just about stimulus any more. Economists urge more policy support for low-income households and the unemployed
Apr 23, 2020 13:28 PM- Summers Warns of More Layoffs, Cascading Debt Problems Amid Pandemic
- ‘I am more alarmed about the economic prospects, certainly more than at any time in my career,’ former U.S. Treasury Secretary says
Apr 20, 2020 20:40 PM- Local Governments to Sell Extra $141 Billion in Bonds as Fiscal Revenue Plunges
- Beijing gives green light for further bond sales to fire up post-epidemic recovery
Apr 20, 2020 17:47 PM- Seven Out of 10 U.S. Companies Plan to Keep Supply Chains in China, Chamber Says
- Despite some foreign governments urging companies with supply chains in China to relocate back home there seems to be little appetite to do so
Apr 20, 2020 17:41 PM- China Defines ‘New Infrastructure’ to Boost Economy
- Investing in ‘new infrastructure’ is seen as a way to boost the economy by focusing on technology
Apr 17, 2020 21:37 PM- Update: Coronavirus Blows a Hole in China’s Three-Decade Growth Streak
- Quarterly GDP declines for the first time since records began in 1992 as measures to curb spread of epidemic shut down swaths of the economy
Apr 17, 2020 04:13 AM- IMF Praises China’s ‘Decisive’ Macroeconomic Policy Moves
- Authorities should nonetheless remain vigilant and do more if Covid-19 pandemic roars back and global growth slows further, a top International Monetary Fund official tells Caixin
Apr 15, 2020 20:50 PM- European Manufacturers Not Eager to Exit China, Head of EU Chamber Says
- Supply chain security is important, but so is the location of future demand and markets, says Jörg Wuttke
Apr 14, 2020 19:35 PM- As Pandemic Epicenter Moves Abroad, Chinese Excavator-Makers Raise Prices
- The pandemic’s progress is having two main effects on China’s dirt-mover business — domestic demand is rising, but imported parts are getting pricier
Apr 14, 2020 14:39 PM- Update: China’s March Trade Yet to See Full Impact of Coronavirus Pandemic
- Exported goods fell by 6.6% for the month, versus a median forecast for a 14.2% decline among economists polled by Caixin
Apr 13, 2020 20:51 PM- Japan Unveils Ambitious Plan to Bring Manufacturing Home
- Though the plan doesn’t mention China, key imports from the neighboring country were recently disrupted by the coronavirus pandemic
Apr 10, 2020 18:39 PM- China Can’t Make All the World’s Ventilators, Industrial Ministry Says
- Domestic manufacturers don’t have the capacity or the supply of components needed to come anywhere close to meeting global demand, MIIT official Huang Libin says
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