The Latest Breaking News from Caixin Global

State-Backed Developers Snap Up More Land Than Private Rivals

Hammered by the real estate slump, private property companies grow cautious as Chinese cities roll out the first round of this year’s land sales

Caixin Global · May 5, 2022

China’s Box Office, Train Ticket and Real Estate Sales Plunge Over Holiday

Cinema revenue plummeted 82.3% during the five-day break while the number of new home sales in 30 major cities fell 73.1%

Caixin Global · May 5, 2022

Shanghai Composite Index Rose 0.68% on Thursday

Shenzhen Component Index closed up 0.23%

Caixin Global · May 5, 2022

Beijing Postpones School Reopenings on Virus Concerns

Labor Day holiday extended by a week for students until May 11 as number of Covid cases in flare-up reaches 453 in 10 days

Caixin Global · May 3, 2022

Editorial: Consumption Stimulus Should Go Above and Beyond

Short-term measures should focus on ensuring the basic living standards of low-income groups and households, while mid-to-long-term measures should promote both supply and demand

Caixin Global · May 3, 2022

Shanghai Officials Investigated After Nursing Home Resident Sent to Funeral Parlor Found Alive

In a viral video on Sunday, a voiceover from what appears to be a witness alleges that funeral home staff returned the senior resident to the nursing home, as the elderly person was found to be still alive

Caixin Global · May 2, 2022

Top Stories of the Month: Shanghai’s Rocky Road to Rebooting

China’s financial, logistics and manufacturing giant struggles to get back on its feet as Covid lockdowns snarl logistics and restrict the workforce

Caixin Global · Apr 30, 2022

Shanghai Allows More Companies to Resume Operations

Amid continuing Covid lockdowns, Chinese industrial hub lists Huawei, Unisoc, YTO, Dow and Panasonic as good to go back to work

Caixin Global · Apr 29, 2022

Tianjin Mayor Liao Guoxun Dies at 59

The official had served in the position in the eastern port city for a mere 20 months

Caixin Global · Apr 29, 2022

Guangzhou Airport Grounds Some Flights After Staff Come Down With Covid

Baiyun International Airport will continue to serve domestic cargo and international routes

Caixin Global · Apr 29, 2022