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The Latest Breaking News from Caixin Global

Shanghai Composite Index Fell 0.25% on Wednesday

Shenzhen Component Index closed down 0.2%

Caixin Global

JD.com Quarterly Growth at Eight-Year Low Amid Virus Restrictions

E-commerce giant’s revenue beats estimates despite nationwide consumption slump amid lockdowns and snarled logistics

Caixin Global

China Detects New Omicron Subvariant Considered More Infectious

The mutation of Covid-19, which has already appeared in the U.S. and Hong Kong, can be up to 27% more infectious than its predecessor on the Chinese mainland, reports say

Caixin Global

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read the most diverse news in one place.

Shanghai Says It Has Stopped Community Spread of Covid

The milestone fulfills a key condition for completely lifting a weeks-long lockdown that has sparked public anger, battered business

Caixin Global

Shanghai Composite Index Rose 0.65% on Tuesday

Shenzhen Component Index closed up 1.23%

Caixin Global

North Korea Reports ‘Fever Cases’ in Almost 5% of Population

Without calling cases ‘Covid,’ isolated country says there were 392,920 new infections and eight deaths in 24 hours ended Sunday

Caixin Global

Parcel Deliveries Continue Dropping as Virus Restrictions Persist

Shanghai’s 90% plunge leads China slump as nationwide more than 1 billion fewer packages were distributed in April than in March

Caixin Global

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Editorial: China's Short-Term and Long-Term Worries About Foreign Trade

Stabilizing trading companies’ business operations, and building more secure industry and supply chains are issues of paramount importance

Caixin Global

Two Carriers to Resume Domestics Flights Out of Shanghai This Week

Juneyao and Spring Airlines will restart passenger services to the cities of Kunming and Longyan

Caixin Global

Shanghai Composite Index Fell 0.34% on Monday

Shenzhen Component Index closed down 0.6%

Caixin Global

China Pulls Out of Hosting 2023 Asian Cup Due to Covid

Shock announcement comes after Beijing postponed the 2022 Asian Games as lockdowns continue to restrict the movements of hundreds of millions of people across the country

Caixin Global

Former Moutai Chairman Gao Weidong Under Anti-Graft Probe

Currently head of the Guizhou province Coal Geology Bureau, Gao joins a parade of corrupt state-owned liquor giant executives and local government officials

Caixin Global

Opinion: China-U.S. AI Rivalry Doesn’t Have to Be a Zero-Sum Game

There are many areas where the two countries can work together for mutual benefit, such as fighting climate change and averting terrorist attacks

Caixin Global

China’s Biggest Research Database Faces Antitrust Investigation

CNKI is being probed for anticompetitive behavior, the market regulator says

Caixin Global

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Caixin Global

Shanghai Composite Index Rose 0.96% on Friday

Shenzhen Component Index closed up 0.59%

Caixin Global

Weekly Must-Read: Why China’s Seniors Hesitate to Get Vaccinated

The government has been trying to get shots specifically into the arms of people over 60 for more than a year, yet the vaccination rate of this most vulnerable group has remained consistently low

Caixin Global

Parcel Delivery Services in Shanghai Make Slow Comeback

Volume reaches 1 million packages daily — a sixth of normal capacity — as authorities clear more services to resume after month of Covid lockdowns

Caixin Global

China Says It Will ‘Strictly Restrict’ People From Entering or Leaving the Country

National Immigration Administration promises to limit ‘unnecessary outbound activities’ of Chinese citizens, without elaborating

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Caixin Global

Gallery: Remembering Wenchuan

Fourteen years ago today, a massive earthquake struck Southwest China’s Sichuan province, destroying homes and leaving at least 69,000 people dead. To mark the tragic moment and its aftermath, Caixin has compiled photos that capture the devastation and human heroism of a day that shook the nation

Caixin Global

Opinion: SPACs’ Painful Reckoning Should Not Spell Their Demise

Despite criticisms, the underlying premise of allowing access to early-stage, private companies is admirable and much-needed in a market that often favors institutional players

Caixin Global

Shanghai Composite Index Fell 0.12% on Thursday

Shenzhen Component Index closed down 0.13%

Caixin Global

Biden Considers Dropping China Tariffs to Fight Inflation

American president says he may roll back costly Trump duties to lower prices on goods in the U.S., though ‘no decision has been made’

Caixin Global

Beijing Steps Up Covid Restrictions as Outbreak Persists

City of 22 million, reporting 56 new Covid cases in 24 hours, limits access to public venues, curbs taxis and expands testing

Caixin Global

Opinion: How Singapore Could Outperform Shanghai, Hong Kong to Become Asia’s Financial Center

The country has benefited from China-U.S. tensions and a successful response to Covid-19

Caixin Global

China’s Vehicle Production, Sales Plunged in April

Consumers were less willing to buy a car as slowing economic growth and fallout from the pandemic weakened confidence, industry organization says

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