The Latest Breaking News from Caixin Global

China’s Covid Infections Could Remain High for Three Months, Expert Says

The former chief epidemiologist at the Chinese CDC, Zeng Guang, adds that high numbers of severe cases may persist even longer

Caixin Global · Jan 13, 2023

Shanghai Composite Index Rose 1.01% on Friday

Shenzhen Component Index closed up 1.19%

Caixin Global · Jan 13, 2023

Weekly Must-Read: China Wraps Up Two-Year Tech Crackdown

Central bank and banking regulator’s Guo Shuqing sends first signal that sector led by Alibaba, Tencent, Didi and Meituan may finally be off the hook

Caixin Global · Jan 13, 2023

China’s 2022 New-Energy Vehicle Shipments Nearly Double

BYD, SAIC-GM-Wuling and Tesla lead surge to 6.5 million shipments of electric and hybrid autos, accounting for 27.6% of industry

Caixin Global · Jan 11, 2023

China’s Banks Need to ‘Lean Forward’ in Backing Builders, Regulators Say

Central bank and banking regulatory commission emphasize helping property sector in meeting with financial institutions to outline policy priorities

Caixin Global · Jan 11, 2023

Vaccine-Maker CanSino Bio Plans Swiss Listing

The company, which has developed multiple Covid-19 vaccines, aims to tap new international financing and boost its global brand

Caixin Global · Jan 11, 2023

Ex-Insurance Bailout Fund Official Hid Assets Overseas, Beijing’s Probe Shows

A corruption investigation has found that Fu Fei traded favors for gifts and failed to disclose his children’s residency status in Hong Kong

Caixin Global · Jan 11, 2023

Shanghai Composite Index Fell 0.24% on Wednesday

Shenzhen Component Index closed down 0.59%

Caixin Global · Jan 11, 2023

Pfizer CEO Dismisses Reports of a Paxlovid Generic for China

The U.S. pharmaceutical giant is working on starting domestic production of the branded version of the Covid drug in the first half of this year

Caixin Global · Jan 10, 2023

Shanghai Composite Index Fell 0.21% on Tuesday

Shenzhen Component Index closed up 0.49%

Caixin Global · Jan 10, 2023