The Latest Breaking News from Caixin Global

China Extends Tax and Fee Cuts for Some Businesses

The extensions are expected to reduce the amount of taxes and fees levied on businesses by more than $70 billion a year while they remain in effect

Caixin Global · Mar 27, 2023

Former Brazilian Leader Elected President of Multilateral Bank NDB

Dilma Rousseff will helm the Shanghai-headquartered New Development Bank, which was set up to finance projects in emerging markets and developing countries

Caixin Global · Mar 27, 2023

Shanghai Composite Index Fell 0.44% on Monday

Shenzhen Component Index closed up 0.12%

Caixin Global · Mar 27, 2023

Shanghai Composite Index Fell 0.64% on Friday

Shenzhen Component Index closed up 0.25%

Caixin Global · Mar 24, 2023

Weekly Must-Read: Why China’s Bond Traders Got Cut Off From the Data They Needed

Financial regulators stood at the center of last week’s tumultuous suspension of services that provide crucial price information to traders

Caixin Global · Mar 24, 2023

China Issues Final Rules for Overhaul of $3 Trillion Trust Industry

Regulations aimed at wringing out risk and imposing tougher oversight on a troubled industry take effect June 1

Caixin Global · Mar 23, 2023

Chinese Police Arrest Multiple Pro Soccer Players

Shandong Taishan midfielder Jin Jingdao is among those taken into custody March 17 amid speculation of a broadening corruption probe

Caixin Global · Mar 23, 2023

Shanghai Composite Index Rose 0.64% on Thursday

Shenzhen Component Index closed up 0.94%

Caixin Global · Mar 23, 2023

Lithium Prices Nosedive Amid Weaker Demand

Key material for EV batteries drops by half since November as end to China’s subsidies slams demand for electric vehicles

Caixin Global · Mar 22, 2023

Shanghai Composite Index Rose 0.31% on Wednesday

Shenzhen Component Index closed up 0.61%

Caixin Global · Mar 22, 2023