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The Latest Breaking News from Caixin Global

Shanghai’s Former Chief Prosecutor Pleads Guilty in $6.6 Million Bribery Case

Zhang Bencai, also the ex-head of the General Office of the Supreme People’s Procuratorate, took kickbacks in exchange for business and job-related favors

Caixin Global

U.S and China Senior Military Officials Met in August

Ministry of National Defense says the exchanges, including at last month’s Indo-Pacific Chiefs of Defense Conference in Fiji, have not stopped

Caixin Global

Shanghai Composite Index Rose 0.43% on Friday

Shenzhen Component Index closed up 0.44%

Caixin Global

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Weekly Must-Read: China’s Offshore Wind Sector Gears Up for Life After Subsidies

Even as individual firms prepare to scrap for local government contracts, analysts say the sector will continue to ride the updraft

Caixin Global

Ex-Boss of Taiping Life Falls Under Graft Investigation

Zhang Ke, who helped quadruple the insurer’s revenue before leaving in 2020, taken away by authorities in Shanghai

Caixin Global

Shanghai Composite Index Fell 0.55% on Thursday

Shenzhen Component Index closed down 0.61%

Caixin Global

Property slump is undermining borrowers’ ability to repay

Caixin Global

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Shanghai Composite Index Ended Nearly Flat on Wednesday

Shenzhen Component Index closed up 0.26%

Caixin Global

Rate Cuts on Existing Home Loans ‘Highly Probable,’ China Merchants Says

Bank’s Assistant President Peng Jiawen cites guidance from central bank to support homebuyers

Caixin Global

Ex-Provincial Chief, Once In Charge of China’s Medical Reform, Caught in Corruption Probe

Sun Zhigang, former head of the State Council’s office for medical reform, is suspected of ‘serious violations of discipline and law’

Caixin Global

Shanghai Composite Index Rose 1.2% on Tuesday

Shenzhen Component Index closed up 2.17%

Caixin Global

China and U.S. Agree to New Dialogue on Trade

American Commerce Secretary Raimondo confers with Commerce Minister Wang Wentao in fourth Beijing visit by a Biden cabinet member since June

Caixin Global

Editorial: Anticipating a Renewed Push for ‘Citizens Suing Officials’

China’s legislature axed its review of a draft amendment for the Administrative Litigation Law, in a sign the issue needs further consideration

Caixin Global

AI Specialist SenseTime Is Laying Off More Workers, Sources Say

The software developer has been gradually cutting staff while slowing hiring in recent months, one former worker told Caixin

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Senior Beijing Winter Olympics Official Caught in Anti-Graft Dragnet

Ni Huizhong, former chief of the Chinese delegation at the 2022 games, is suspected of corruption

Caixin Global

Shanghai Composite Index Rose 1.13% on Monday

Shenzhen Component Index closed up 1.01%

Caixin Global

Shanghai Composite Index Fell 0.59% on Friday

Shenzhen Component Index closed down 1.23%

Caixin Global

Weekly Must-Read: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy

Property slump is undermining borrowers’ ability to repay

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Caixin Global

Xi Pledges $10 Billion to Bolster Global Development

Chinese president in South Africa for BRICS summit also vows to expand cooperation with African countries

Caixin Global

Shanghai Composite Index Rose 0.12% on Thursday

Shenzhen Component Index closed up 1.02%

Caixin Global

Former Nio Electric Car Rival Singulato Goes Bust

Nine-year-old EV startup enters bankruptcy liquidation without delivering any vehicles

Caixin Global

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Caixin Global

U.S. Commerce Chief to Visit China Next Week

The announcement of Gina Raimondo’s trip from Aug. 27 to 30 follows Washington’s easing of export restrictions on 27 Chinese entities

Caixin Global

U.S. Eases Export Restrictions on 27 Chinese Entities

The Commerce Department says end-use checks had been successfully conducted, ahead of Secretary Gina Raimondo’s visit to China later this month

Caixin Global

Shanghai Composite Index Rose 0.88% on Tuesday

Shenzhen Component Index closed up 0.53%

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