Flights Diverted From Shijiazhuang Airport Over ‘Airspace’ Concerns Eight flights were turned away on Thursday as the ‘airspace was occupied by other users,’ airport staff says Caixin Global · Feb 16, 2023
Developer Evergrande Vows to Fix Internal Controls in Wake of $2 Billion Deposit Debacle An investigation reveals that the money was pledged as collateral for loans taken out by third-party firms Caixin Global · Feb 16, 2023
Chinese Prosecutors’ Indictments of Financial Crimes Jump Nearly 30% From 2018 to 2022, authorities cracked down on a number of high-profile cases, including those involving the conglomerates Tomorrow Holding and Anbang Insurance Caixin Global · Feb 16, 2023
Chinese Students Injured in Shooting at Michigan State University The two Chinese citizens were shot in the attack Monday that left three people dead and five wounded Caixin Global · Feb 16, 2023
China to Take Action Against U.S. Entities After Balloon-Related Blacklisting Ministry of Foreign Affairs says it will take action against the relevant American entities that have ‘undermined China’s sovereignty and security’ Caixin Global · Feb 16, 2023
Shanghai Composite Index Fell 0.96% on Thursday Shenzhen Component Index closed down 1.3% Caixin Global · Feb 16, 2023
Online Grocer Dingdong Posts First-Ever Quarterly Profit After Slashing Costs The turn to profitability also comes with the demise of former archrival Missfresh, which in July shuttered its mainstay instant-delivery retail business Caixin Global · Feb 15, 2023
China to Lift South Korean Visa Freeze Beijing will resume issuing short-term visas to South Korean nationals, ending most of the retaliatory measures taken after Seoul’s Covid curbs on travelers from China Caixin Global · Feb 15, 2023
Shanghai Composite Index Fell 0.39% on Wednesday Shenzhen Component Index closed down 0.25% Caixin Global · Feb 15, 2023
China’s Video Game Industry Posts First Drop in Five Years Sales shrink 10.3% to $39 billion as pandemic impedes new product development and slowing economy weighs on demand Caixin Global · Feb 14, 2023
Chinese Steelmakers’ Profits Fall 72% Amid Property Sector Weakness Combined revenue fell 6.35% last year as construction demand plunged and infrastructure projects slowed Caixin Global · Feb 14, 2023
Experts Quash Fears of Greater Chance of China Quake After Turkey A study on the correlation between seismic activity on the Eurasian continent and earthquakes in China sparked concerns after the disaster last week Caixin Global · Feb 14, 2023
Beijing Calls On U.S. to Investigate Multiple Balloon Incursions Over China The aircraft allegedly entered Chinese airspace more than 10 times since last May Caixin Global · Feb 14, 2023
China’s Local Governments Go on Hiring Spree to Spur Growth Provincial-level authorities plan to boost civil servant recruitment by 16% this year as the country seeks to bolster employment Caixin Global · Feb 14, 2023
Caixin Global · Feb 14, 2023 Beijing Government Pledges Support for Homegrown Answer to ChatGPT In a white paper released Monday, authorities highlighted the Chinese capital’s leading role in the country’s AI research, promising support for local tech firms in the sector
Caixin Global · Feb 14, 2023 Shanghai Composite Index Rose 0.28% on Tuesday Shenzhen Component Index closed down 0.15%
Caixin Global · Feb 13, 2023 China Vanke Mulls $2.2 Billion Share Placement to Replenish Capital Property development giant proposes the industry’s biggest equity fundraising plan since regulators lifted curbs on share sales
Caixin Global · Feb 13, 2023 Editorial: China’s IPO Reform: Many a Little Makes a Mickle The long road to registration-based system shows the value of perseverance in tackling complex problems
Caixin Global · Feb 13, 2023 China Current Account Surplus Hits 14-Year High Upticks in goods exports pushed the surplus up 32% to $417.5 billion last year
Caixin Global · Feb 13, 2023 Warburg Pincus Wants a Bigger Foothold in China’s Trillion-Dollar Mutual Fund Industry The U.S. private equity firm is planning to take a stake in Shanghai-based fund manager Lombarda China
Caixin Global · Feb 13, 2023 Shanghai Composite Index Rose 0.72% on Monday Shenzhen Component Index closed up 1.14%
Caixin Global · Feb 11, 2023 South Korea Ends Visa Suspension Early for Travelers From China Drop in China Covid cases ends 40-day suspension of short-term visas that was supposed to last until end of the month
Caixin Global · Feb 10, 2023 Developer Seazen Loses Contact With Co-President Qu Dejun Executive who hasn’t been seen in public since Jan. 16 is said to be cooperating with authorities probing matters related to his career at Wanda Group
Caixin Global · Feb 10, 2023 MSCI Adds 17 and Drops 13 China Stocks From Two Indexes Haichang Ocean Park falls 10% in Hong Kong on news it will fall out; additions include Hainan Airlines, Hainan Airport and Offcn Education Tech
Caixin Global · Feb 10, 2023 Beijing Rejects U.S. Phone Call to Thrash Out Balloon Spat China rebuffed the proposal, saying Washington ‘seriously violated international practices’ by shooting down an unmanned Chinese airship that strayed into American airspace