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The Latest Breaking News from Caixin Global

First of Its Kind Survey Shows How Many Buildings China Has

Misunderstandings about the 600 million buildings counted by the survey have stoked concerns about an oversupply of housing in the country

Caixin Global · Feb 23, 2023

China’s Climate Envoy Receives Nobel Sustainability Award

Xie Zhenhua gets recognized for his efforts in tackling climate change and building global cooperation in the field

Caixin Global · Feb 23, 2023

Shanghai Composite Index Fell 0.11% on Thursday

Shenzhen Component Index closed down 0.13%

Caixin Global · Feb 23, 2023

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China M&A Deals Plunged 34% to Nine-Year Low in 2022

Economic headwinds and pandemic disruptions similarly slowed global mergers and acquisitions, management consultant Bain reports

Caixin Global · Feb 22, 2023

Hong Kong Relaunches Investment-for-Residency Program

City hopes to lure back bankers, lawyers and other professionals who decamped amid pandemic restrictions, though new program’s details are sparse

Caixin Global · Feb 22, 2023

Fisher: Why ‘Selling the Rally’ Will Make You Sorry

History shows there is nothing prudent about ditching stocks after new bull markets’ initial bursts

Caixin Global · Feb 22, 2023

South Korea Will End Testing for Travelers From China

The decision comes as the positive Covid rate for arrivals from China fell to less than 1% this week from more than 18% at the beginning of January

Caixin Global · Feb 22, 2023

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Shanghai Composite Index Fell 0.47% on Wednesday

Shenzhen Component Index closed down 0.57%

Caixin Global · Feb 22, 2023

Nio to Add 1,000 Battery-Swapping Stations in 2023

EV startup earmarks 400 quick-change stations for highways and 600 for urban areas, expanding total to 2,315

Caixin Global · Feb 21, 2023

Chinese Property Developers Signal Barrels of Red Ink for 2022

Billions of dollars in net losses will include asset impairment write-downs for unsold housing units, based on estimates issued by publicly traded companies

Caixin Global · Feb 21, 2023

China Encourages Foreign Investment in Real Estate Through Private Equity Funds

Pilot scheme will permit qualified PE managers to set up funds to invest in property and infrastructure

Caixin Global · Feb 21, 2023

Opinion: Chinese Households’ Financial Dilemma Is a Problem for the Economy

A surge in savings and a race to reduce liabilities have thrown the post-Covid recovery into further disarray

Caixin Global · Feb 21, 2023

New Capital Rules Aim to Bring Chinese Banks in Line With Global Standards

The draft framework categorizes banks by size and offshore business to help increase compliance while helping smaller banks

Caixin Global · Feb 21, 2023

China’s Debt Levels Will Limit Impact of Monetary Policy, Ex-PBOC Official Says

Local governments, businesses and households all have holes in their finances that will discourage them from borrowing

Caixin Global · Feb 21, 2023

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news in one place.

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Caixin Global · Feb 21, 2023

Shanghai Composite Index Rose 0.49% on Tuesday

Shenzhen Component Index closed up 0.12%

Caixin Global · Feb 20, 2023

Editorial: Disable China’s ‘Health Codes' as Soon as Possible

The government should shut down this tool for controlling the pandemic and destroy all related personal data to protect residents’ information

Caixin Global · Feb 20, 2023

Shanghai Composite Index Rose 2.06% on Monday

Shenzhen Component Index closed up 2.03%

Caixin Global · Feb 17, 2023

China Removes Communist Party Heads of Top State Insurer and Bank

Moves affect top executives of People’s Insurance Co. and Bank of China as they both near retirement age

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Caixin Global · Feb 17, 2023

Hong Kong Debuts $102 Million Digital Green Bond

The transactions in the so-called tokenized notes will be performed and recorded on a private blockchain

Caixin Global · Feb 17, 2023

China Green Bulletin: New Ford-CATL Battery Plant, Green Energy Capacity Trumps Coal

Chinese firms search the world for mining assets, Beijing promotes EVs in rural areas

Caixin Global · Feb 17, 2023

Boao Forum to Make Full Return as In-Person Event

Delegates from governments, businesses and academia will gather in the town of Boao on South China’s island province of Hainan starting March 28 to discuss deepening international cooperation in the post-Covid era

Caixin Global · Feb 17, 2023

Shanghai Composite Index Fell 0.77% on Friday

Shenzhen Component Index closed down 1.61%

Caixin Global · Feb 17, 2023

Weekly Must-Read: China’s Hunt for Strategic New Energy Minerals

Pursuit of key minerals intensifies as U.S., Canada and Australia restrict Chinese access to “strategic” materials

Caixin Global · Feb 16, 2023

China’s Solar Exports Soar 80% Despite Rising Headwinds

In the face of trade frictions and rising competition, 2022 shipments reach a record $51.3 billion, and demand is still climbing

Caixin Global · Feb 16, 2023

Xi Says China Must Boost Consumer Spending, Foreign Investment This Year

The president stresses the importance of consumption in bolstering the economy at a key annual meeting to set the economic policy agenda for 2023

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