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The Latest Breaking News from Caixin Global

China Has Only a Fraction of the U.S.’ Top AI Research Talent

The Asian country had 232 of the world’s best researchers in the field last year, compared with America’s more than 1,100, a recent report shows

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PBOC Chief and Fed Chair Hold First In-Person Meeting Since 2019

Central bank Governor Yi Gang also confers in Washington with G-20 officials and Bank of Japan chief amid World Bank and IMF meetings

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Weekly Must-Read: China’s EV Battery Boom Goes Bust

The rush to build up capacity as vehicle sales surged over the last few years has led to an overhang that resulted in production and job cuts, as well as falling prices

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Opinion: How Businesses Should View China in a Post-Covid World

Despite the supply chain strife of the pandemic and ongoing geopolitical tensions, industry giants are doubling down on the Asian nation as it plays an increasingly larger role in the global order

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Ex-State Asset Regulator in China’s Coal Heartland Targeted in Graft Probe

Retired provincial official Zhu Xiaoming is under investigation by local graft agencies for ‘serious violations of discipline and law’

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Opinion: A Global Transformation That Works for Everyone

The weaknesses exposed in global supply chains by the war in Ukraine and the pandemic should be treated as an opportunity to reimagine globalization

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Shanghai Composite Index Rose 0.6% on Friday

Shenzhen Component Index closed up 0.51%

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U.S. Blacklists 12 Chinese Companies Over Alleged Russia Ties

Addition of 3HC Semiconductors, Allparts Trading, STK Electronics and others brings Chinese total on Entity List to 639

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Opinion: Sustainable Framework Needed for China’s Property Market

The country’s real estate industry has been a crucial driver of economic growth in the past two decades. Here’re some proposals to ensure its stability

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First Human Death of Common Bird Flu Strain Reported in China

The 56-year-old Chinese woman is the third person known to have been infected with the H3N8 virus

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Former China Supreme Court Official Gets 12 Years for Corruption

Meng Xiang, ex-director of the court’s enforcement bureau, was sentenced for abusing his authority in numerous positions and accepting bribes worth $3.3 million

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Shanghai Composite Index Rose 0.41% on Wednesday

Shenzhen Component Index closed up 0.05%

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China Utility Powers Up South American Presence With Peruvian Purchase

Under the deal, state-owned China Southern Power Grid will acquire two assets in Peru from Italy’s biggest utility Enel for about $2.9 billion

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Shanghai Composite Index Fell 0.05% on Tuesday

Shenzhen Component Index finished nearly flat

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Caixin Global

Insurance Regulator Studies Risk Disposal Rules for Property Insurers

CBIRC official outlines plan to create a mechanism for market-oriented, rule-based, standardized risk reduction

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Editorial: How to Reverse the Decline in Foreign Investment in China

Holding to the principles of reform could help break a deadlock in a landmark EU investment pact that is vital to reversing the recent decline in FDI

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Opinion: A Large Voucher Rollout Is Feasible Solution to Spur China’s Consumption

Issuing 300 billion yuan of vouchers can increase domestic consumption by as much as 1 trillion yuan

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Shanghai Composite Index Fell 0.37% on Monday

Shenzhen Component Index closed down 0.8%

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news in one place.

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Caixin Global

China’s New Premier Swings Long on Exports

Li Qiang has called for greater policy support to stabilize and improve the structure of the country’s exports

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Opinion: Macron and VDL’s Visits to China – Will the Rejection of Decoupling Lead to Restoration of Relations?

China is willing to work with all parties, including Europe, to promote dialogue and resolve conflicts through political means

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Chinese Developer Sinic to Be Forced Off Hong Kong Bourse

The teetering property firm failed to meet the exchange’s requirements to resume trading in its shares, which have been suspended for over 18-months

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Morgan Stanley Plans to Launch Futures Business in China

The investment bank has applied for a license to operate in the $80 trillion Chinese market

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‘Shackled Mother’s’ Husband Sentenced to Nine Years in Prison

Dong Zhimin, who left his wife and mother of his eight children chained to a wall in rural China, was sentenced along with five others involved with human trafficking

Caixin Global

Beijing Slaps More Sanctions on Taiwan’s Representative in Washington

Hsiao Bi-khim and two pro-independence organizations have been barred from visiting the mainland and prohibited from doing business with companies there

Caixin Global

Shanghai Composite Index Rose 0.45% on Friday

Shenzhen Component Index closed up 0.85%

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