The Latest Breaking News from Caixin Global

‘Avatar’ Sequel Boosts Sluggish Chinese Box Office

‘Avatar: The Way of Water,’ the follow-up to the American sci-fi blockbuster, raked in $65 million after four days, as people headed back to theaters following the relaxation of Covid restrictions

Caixin Global · Dec 20, 2022

Shanghai Composite Index Fell 1.07% on Tuesday

Shenzhen Component Index closed down 1.58%

Caixin Global · Dec 20, 2022

China’s Former Industry Minister Expelled From Communist Party

Xiao Yaqing, accused of bribery, is demoted and sent into retirement after admitting wrongdoing and giving up all illegal income

Caixin Global · Dec 19, 2022

Wang Tao: Key Takeaways From China’s Central Economic Work Conference

Stabilizing growth is the top priority, with measures to boost the real estate sector and a supportive tone for non-SOEs, foreign investors and online platforms

Caixin Global · Dec 17, 2022

Gallery: River Tour of Shanghai

Tourists can see the city while floating down the Suzhou Creek, after two sightseeing cruise routes opened in the financial hub. Each route, which lasts either one hour or 30 minutes, passes by several historic buildings, including the Sihang Warehouse Battle Memorial and the General Post Office Building. The 78-mile…

Caixin Global · Dec 16, 2022

Shanghai Composite Index Ended Nearly Flat on Friday

Shenzhen Component Index closed down 0.56%

Caixin Global · Dec 16, 2022

Weekly Must-Read: Covid Chaos at China’s Hospitals as Stringent Control Policy Eases

Health care centers from Guangzhou to Shijiazhuang and Beijing are slammed amid surging infections and severe shortages of medical workers

Caixin Global · Dec 16, 2022

China’s November Urban Jobless Rate Jumps to 5.7%

Covid outbreaks in major cities drive unemployment to highest levels since May, and end of pandemic controls may further stress job market

Caixin Global · Dec 15, 2022

Shanghai Composite Index Fell 0.25% on Thursday

Shenzhen Component Index closed up 0.32%

Caixin Global · Dec 15, 2022

Abbott to Exit Mainland Chinese Baby Formula Market by 2023

American health-care giant cites shrinking market share amid stiff competition but will expand other businesses including diagnostics, devices and pharmaceuticals

Caixin Global · Dec 14, 2022