The Latest Breaking News from Caixin Global

Former Chinese Soccer Association Vice President Gets 11 Years in Sweeping Graft Crackdown

Li Yuyi, who accepted some $1.7 million in bribes, is among a quartet of soccer officials sentenced for corruption this week

Caixin Global · Aug 20, 2024

Shanghai Composite Index Fell 0.93% on Tuesday

Shenzhen Component Index closed down 1.24%

Caixin Global · Aug 20, 2024

Visa Waivers See Foreign Tourists Flocking Back to China

Big leap in visitor numbers to China but still not back to pre-Covid levels

Caixin Global · Aug 19, 2024

Weekly Must-Read: Fixing China’s Trade Imbalance Needs a Home Remedy

The growing trade surplus underscores structural issues within China’s economy, which experts say can be fixed by intensified government efforts to boost domestic consumption

Caixin Global · Aug 15, 2024

Ex-Leader of Scandal-Plagued Province Pleads Guilty in $113 Million Bribery Case

Sun Zhigang, a former Communist Party chief of Southwest China’s Guizhou, is accused of taking advantage of his positions to help others get project contracts and develop real estate, a court says

Caixin Global · Aug 15, 2024

Shanghai Composite Index Rose 0.94% on Thursday

Shenzhen Component Index closed up 0.71%

Caixin Global · Aug 15, 2024

Nanchang State Firm Takes Control of Private Lender Yumin Bank

Acquisition marks the first time a state-owned company has taken control of a Chinese private bank

Caixin Global · Aug 14, 2024

Former Provincial Governor Gets Suspended Death Sentence for Bribery

Li Zaiyong took advantage of his positions to help others get project contracts and land acquisition approvals in exchange for over $60 million in bribes, court says

Caixin Global · Aug 14, 2024

Shanghai Composite Index Fell 0.6% on Wednesday

Shenzhen Component Index closed down 1.17%

Caixin Global · Aug 14, 2024

Country Garden Services Expects 30% Profit Drop as Property Downturn Drags On

Property managers’ slight increase in first half revenue is accompanied by a significant drop in net profits

Caixin Global · Aug 13, 2024