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The Latest Breaking News from Caixin Global

Caixin Summit: China Should Set GDP Target of No Less Than 5% for 2023, Top State Economist Says

Liu Shijin, a member of the top political consultative body, said momentum was building for a turnaround next year after a slowdown in 2022

Caixin Global · Nov 19, 2022

Former Huishang Bank Chairman Expelled From Communist Party

Wu Xuemin turned over to judicial system for prosecution on corruption charges turned up by party’s top graft busters

Caixin Global · Nov 18, 2022

Xi Says China Might Hold Belt and Road Forum Next Year

The conference dedicated to the country’s global trade and infrastructure initiative hasn’t taken place since before the pandemic

Caixin Global · Nov 18, 2022

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China, Japan to Move Quickly on Maritime and Air Security Hotline

Both sides pledged to maintain ‘international and regional peace and prosperity’ as part of a five-point consensus reached during the APEC summit

Caixin Global · Nov 18, 2022

Shanghai Composite Index Fell 0.58% on Friday

Shenzhen Component Index closed down 0.37%

Caixin Global · Nov 18, 2022

Weekly Must-Read: Will Europe Pour More Money Into China?

As dramatic geopolitical changes alter the calculus, foreign investment from Europe more than doubles this year after three years of decline

Caixin Global · Nov 18, 2022

Citic to Become Biggest Huarong Shareholder

State-owned investment company to get 3% from Finance Ministry, pushing its Huarong stake to 24.46% after leading $6.6 billion bailout of the bad-debt manager

Caixin Global · Nov 17, 2022

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Asia-Pacific Not an Arena for ‘Big-Power Rivalry,’ Xi Tells APEC

Chinese president calls for deeper Asian cooperation on economies and security at Bangkok regional summit

Caixin Global · Nov 17, 2022

Opinion: The Yuan’s Status as a Reserve Currency Could Improve

After the recent turmoil in forex markets blows over, central banks around the world will be likely to reduce their holdings of the yen, pound and even the euro, allocating more assets to the more stable yuan

Caixin Global · Nov 17, 2022

Amid Eye-Watering Lithium Prices, Battery Chief Warns of Overcapacity

Eve Energy Chairman Liu Jincheng says the market could begin to suffer from excess production as soon as next year

Caixin Global · Nov 17, 2022

Shanghai Composite Index Fell 0.15% on Thursday

Shenzhen Component Index closed down 0.13%

Caixin Global · Nov 17, 2022

China’s 2022 Tax Rebates Almost Double the Past Three Years Combined

Refunds of value-added taxes top $325 billion so far this year as government tries to buck up the slowing economy

Caixin Global · Nov 16, 2022

Indonesia IT Minister Plays Up Opportunities in Country’s Digital Transformation

Fewer than one-third of the Southeast Asian nation’s micro, small, and midsize enterprises have undergone digitization

Caixin Global · Nov 16, 2022

BYD Parks Chip Unit IPO

The Chinese carmaker says it had to postpone the planned listing because of how an investment in the subsidiary will affect its balance sheet

Caixin Global · Nov 16, 2022

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news in one place.

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Caixin Global · Nov 16, 2022

Xi Calls for Improved China-Australia Relations at G-20

The relationship between the countries soured in recent years following disputes over trade and the Covid-19 pandemic

Caixin Global · Nov 16, 2022

Shanghai Composite Index Fell 0.45% on Wednesday

Shenzhen Component Index closed down 1.02%

Caixin Global · Nov 15, 2022

Embattled Online Grocery Missfresh Faces Debt Claims in 1,400 Lawsuits

Former employers and suppliers demand $115 million, and the company has only 55 employees left, according to belated 2021 annual report

Caixin Global · Nov 15, 2022

China’s October Home Sales Drop Again

Amid Covid outbreaks, slowing economy and property developer liquidity crisis, homebuyers stay on the sidelines, driving sales down 28.2% this year

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Caixin Global · Nov 15, 2022

Xi Raises Anti-Secession Law in Talks With Biden About Taiwan, Foreign Minister Says

The 2005 law allows China to take ‘non-peaceful means and other necessary measures’ to safeguard its territorial integrity if events including secession occur

Caixin Global · Nov 15, 2022

Teaching Staff Who Harm Children Face Lifetime Ban

The guideline, which takes effect Tuesday, comes as the country steps up efforts to protect minors in education

Caixin Global · Nov 15, 2022

Wang Tao: China’s Looser Covid Restrictions Mark an Important Step Toward a Policy Change

Friday’s announcement not only eases tight restrictions on quarantine, but also serves to pave the way for a major policy shift

Caixin Global · Nov 15, 2022

Shanghai Composite Index Rose 1.64% on Tuesday

Shenzhen Component Index closed up 2.14%

Caixin Global · Nov 14, 2022

China should take a Gradual Path to Resuming Face-to-Face Cross-Border Activities

The resumption of normal cross-border activities does not mean that China is letting go of its anti-pandemic controls overnight. Rather, it signals more balanced coordination between pandemic prevention and economic growth

Caixin Global · Nov 14, 2022

Shanghai Composite Index Fell 0.13% on Monday

Shenzhen Component Index closed down 0.24%

Caixin Global · Nov 14, 2022

China Appoints Youngest Provincial Party Chief in Fujian

Zhou Zuyi, minister of human resources and social security, takes over from newly appointed Politburo member Yin Li

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