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The Latest Breaking News from Caixin Global

China Slashes Payment Barriers for Foreign Visitors

PBOC tells mobile payment services to increase the single transaction limit for foreign users to $5,000 from $1,000 to help revitalize tourism

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More Chinese Companies to Join FTSE Global All Cap Index

Stocks include chip designer Vanchip Tianjin Technology, biotech company MGI Tech, and brokerage Capital Securities

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Shanghai Composite Index Rose 0.39% on Friday

Shenzhen Component Index closed up 1.12%

Caixin Global

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‘Boundless Greed’ Leads to Former Shanxi Deputy Party Head’s Expulsion

CCDI investigation into Shang Liguang found he traded power for money and sex and now faces criminal charges

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XPeng, Volkswagen Plan to Launch Two Mid-Size EVs in 2026

The first model will be an SUV, and the automakers will launch a joint sourcing program to reduce component costs

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Shanghai Composite Index Rose 1.94% on Thursday

Shenzhen Component Index closed up 3.13%

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Birthrates have dwindled after decades of strict family planning and the emergence of a highly competitive and expensive environment for raising kids

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China’s In Vitro Test Makers Seek Growth Overseas as Domestic Demand Dwindles

Profits have fallen for the diagnostic device manufacturers as a period of pandemic-driven sales comes to an end

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Shanghai Composite Index Fell 1.91% on Wednesday

Shenzhen Component Index closed down 2.4%

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German Firms Move to Address China’s Tighter Data Export Rules

Nearly a third of German companies have begun to comply with China’s data regulations despite calls for clarification

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Shanghai Composite Index Rose 1.29% on Tuesday

Shenzhen Component Index closed up 2.24%

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Ousted Defense Minister Li Shangfu Removed from Top Military Body

Li’s named has been scrubbed from the list of leaders on the Communist Party’s Central Military Commission

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Shanghai Composite Index Fell 0.93% on Monday

Shenzhen Component Index finished nearly flat

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Shanghai Composite Index Rose 0.55% on Friday

Shenzhen Component Index closed up 0.28%

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Guizhou Enacts Emergency Response for Wild Blaze

Two killed fighting forest fires in Guizhou’s Pu’an County but major infrastructure has not been damaged

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Taobao Launches Livestreamer Sandbox in Fight for Market Share

The Alibaba shopping unit will provide celebrities, influencers and institutions with a host of services to help them speak to the masses in real time

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Hong Kong Population Ticks Up as Residents, Overseas Talent Trickle Back

The city had 7.5 million residents in 2023, with 33,200 newborns, a 2% increase on the year

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China, India Militaries to ‘Turn the Page’ on Border Issues

The two sides agree to resolve the situation ‘as soon as possible,’ Chinese defense ministry says

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news in one place.

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Caixin Global

Shanghai Composite Index Rose 1.27% on Thursday

Shenzhen Component Index closed up 0.76%

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China Kicks Off Drafting of Law to Promote Private Sector

The legislation should cover companies’ core concerns including protection of property rights, equal access to factors of production, and equal protection under the law, state media reports

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Shanghai Composite Index Rose 0.97% on Wednesday

Shenzhen Component Index closed up 0.79%

Caixin Global

NDRC Mulls Funding Support to Boost Private Investment

Economic planning body aims to provide financial help to regional welfare projects that attract private investment

Caixin Global

Shanghai Composite Index Rose 0.42% on Tuesday

Shenzhen Component Index finished nearly flat

Caixin Global

Former BOC Chief Charged for Bribery, Illegal Loan Issuance

Former bank chairman accused of taking huge amounts in bribes is the latest financial veteran caught in anti-corruption net

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BYD Unveils Plan to Boost Brand Image, Global Reach

The leading Chinese EV-maker will launch a series of ‘high-end luxury models’ to further expand in the premium car market

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