The Latest Breaking News from Caixin Global

Bank of China Ex-Chairman Investigated for Alleged Corruption

Liu Liange was removed as BOC’s Communist Party chief in February and relinquished his position of chairman earlier this month

Caixin Global · Mar 31, 2023

Beijing’s Ex-Health Chief Pleads Guilty to $1.5 Million Graft

Yu Luming accepted money and valuables for abusing his power in various former roles in the capital to help others obtain land use rights and hospital project contracts

Caixin Global · Mar 31, 2023

Shanghai Composite Index Rose 0.36% on Friday

Shenzhen Component Index closed up 0.64%

Caixin Global · Mar 31, 2023

China’s Short-Video App Users Top 1 Billion

The number makes up more than 70% of the total population and 95% of all internet users in the country

Caixin Global · Mar 30, 2023

China Chalks Up Fresh Win for Yuan Internationalization With LNG Trade

State-owned China National Offshore Oil completes purchase of more than 60,000 tons of liquefied natural gas from French giant TotalEnergies

Caixin Global · Mar 30, 2023

Beijing Reaffirms Taiwan Could Adopt Own Social System After Reunification

The central government would ‘fully respect’ the lifestyle of the island’s people, spokesperson says

Caixin Global · Mar 30, 2023

China’s Latest Move to Become Global AI Hub Focuses on Science Research

The government aims to drive artificial intelligence research in areas such as drug development, genetic research and biological breeding

Caixin Global · Mar 30, 2023

Shanghai Composite Index Rose 0.65% on Thursday

Shenzhen Component Index closed up 0.62%

Caixin Global · Mar 30, 2023

In Depth: New Business Comes With Old Risks for China’s Struggling Tutoring Industry

Sales of ‘learning tablets’ helped keep companies going after the crackdown on for-profit education, but looming regulation and growing competition show the shift is no cure-all

Caixin Global · Mar 29, 2023

Allianz Seeks Bigger Foothold in China’s $3.9 Trillion Mutual Fund Market

The German financial giant has applied with the CSRC to set up a wholly owned fund manager

Caixin Global · Mar 29, 2023