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The Latest Breaking News from Caixin Global

China Launches Digital Yuan International Hub to Spur Cross-Border Use

Shanghai center unveils three platforms for payments, blockchain services and digital assets

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Super Typhoon Sweeps Family Out to Sea in Hong Kong

The city raised its highest-level storm warning for the second time this year, a rarity not seen since 1964, as the storm brought severe flooding that smashed into a five-star hotel and left dozens injured

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Chinese Firms’ Overseas Expansion Faces Rising Policy and Operational Risks, Report Says

Surging bankruptcies, delayed payments and policy shifts squeeze momentum from international growth push

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China Escalates Antitrust Scrutiny of Nvidia Over Mellanox Deal

Regulators say the U.S. chipmaker breached merger terms, potentially exposing it to billions of dollars in fines

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Jack Ma-Backed Yunfeng Dives Into Crypto With $44 Million Ether Purchase

Yunfeng Financial buys $44 million in Ether, joining wave of companies treating crypto as a treasury asset

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How Ambition and Accidents Toppled the Chief of Shanghai’s State Investment Giant

The rise and fall of Shanghai’s investment king, now under investigation for corruption

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Hong Kong Regulators Issue Warning to Cool Stablecoin Frenzy

Rare joint statement from SFC and HKMA over risks of irrational investment behavior

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BOE Faces U.S. Export Threat After Ruling in Samsung Trade Secret Case

Chinese tech group to appeal ITC ruling in OLED display panel case

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Curtain Falls on Evergrande as Hong Kong Delisting Looms Aug. 25

China’s collapsed property giant says it will not be seeking a review of the decision

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Cover Story: Trump’s Tariff-by-Tweet Tactics Are Pushing Global Trade Into Perpetual Uncertainty

The U.S. president’s ‘cartoon version of protectionism’ sees trade deals riddled with vague or conflicting terms

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Commentary: Trump’s Flood of Tariffs Will Create a Tsunami in Asia’s Supply Chains

Chinese companies now need to double down on Asia, both as a market and a production base

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State Shareholder Throws Vanke New Lifeline as $2 Billion Debt Payments Loom

Steady drip of lifelines underscores the severity of Vanke’s cash crunch

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Alibaba’s Freshippo to Shut Last X Member Store in Strategic Revamp

Chinese warehouse stores have struggled to break into the membership-based, bulk-buying format

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Late Wahaha Tycoon’s Family Owns Hundreds of Millions in Hong Kong, U.S. Real Estate

Battle for Zong Qinghou’s estate reveals a chain of luxury properties in Barker Road, Bel Air and San Marino

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Caixin Global

Trade War Monitor, June 30: China-U.S. Trade Deal Is Almost There

China and the EU in new trade clash over public procurement of medical devices

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Alibaba Streamlines Leadership Amid AI and Global Push

Number of partners reduced from 26 to 17 as Alibaba sharpens focus on revitalizing growth

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China Debuts Bonds with Risk-Sharing Safety Net to Drive Tech Funding

Five private venture capital firms are raising $188 million through bond backed by risk-sharing mechanisms

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In Depth: Global Student Flows are Changing as Chinese Families Seek Better Value

Hong Kong, Singapore and Malaysia rise as cost-effective contenders to Western universities amid shifting student priorities

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Weekend Long Read: Remembering Luminary Economist Stanley Fischer

The MIT professor helped shape the foundations of New Keynesian economics and influenced generations of economists and policymakers

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Commentary: Why China’s Rare Earth Dominance Matters More Than Ever

With vast reserves of rare earth oxides and a fully integrated supply chain, China is the dominant player in this field

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$500 Million Pledge Makes China Top WHO Donor After U.S. Withdrawal

U.S. withdrawal forces health agency to cut staff and reduce 2026-27 spending by 20%

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Temu, Shein Raise Prices for U.S. Shoppers With Trump’s Tariff Hikes Imminent

China’s e-commerce platforms raise prices in U.S. as Trump brings duty-free exemption for small parcels to an end

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U.S. and China Locked in a ‘Mutual Embargo’ That Trump Won’t Win, Says Former WTO Chief

Trump’s bid to solve the U.S. trade deficit won’t work, says Pascal Lamy

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China Government Bond Issuance Picks Up in 2025

Also in today’s rundown: Tencent to buy back $10.3 billion shares, Foreign investors increasingly optimistic about Chinese stocks.

Caixin Global

Tesla Opens Shanghai Megapack Factory

Also in today’s rundown: Cities in Guangdong buy idle land, China releases new rules on use of surveillance cameras, chipmaker SMIC books strong revenue on Beijing’s consumer stimulus measures

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