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The Latest Breaking News from Caixin Global

China and U.S. Agree to New Dialogue on Trade

American Commerce Secretary Raimondo confers with Commerce Minister Wang Wentao in fourth Beijing visit by a Biden cabinet member since June

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Editorial: Anticipating a Renewed Push for ‘Citizens Suing Officials’

China’s legislature axed its review of a draft amendment for the Administrative Litigation Law, in a sign the issue needs further consideration

Caixin Global

AI Specialist SenseTime Is Laying Off More Workers, Sources Say

The software developer has been gradually cutting staff while slowing hiring in recent months, one former worker told Caixin

Caixin Global

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Senior Beijing Winter Olympics Official Caught in Anti-Graft Dragnet

Ni Huizhong, former chief of the Chinese delegation at the 2022 games, is suspected of corruption

Caixin Global

Shanghai Composite Index Rose 1.13% on Monday

Shenzhen Component Index closed up 1.01%

Caixin Global

Shanghai Composite Index Fell 0.59% on Friday

Shenzhen Component Index closed down 1.23%

Caixin Global

Weekly Must-Read: China’s ‘Hidden Debt’ of Local Governments Threatens National Economy

Property slump is undermining borrowers’ ability to repay

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Xi Pledges $10 Billion to Bolster Global Development

Chinese president in South Africa for BRICS summit also vows to expand cooperation with African countries

Caixin Global

Shanghai Composite Index Rose 0.12% on Thursday

Shenzhen Component Index closed up 1.02%

Caixin Global

Former Nio Electric Car Rival Singulato Goes Bust

Nine-year-old EV startup enters bankruptcy liquidation without delivering any vehicles

Caixin Global

Shanghai Composite Index Fell 1.34% on Wednesday

Shenzhen Component Index closed down 2.14%

Caixin Global

U.S. Commerce Chief to Visit China Next Week

The announcement of Gina Raimondo’s trip from Aug. 27 to 30 follows Washington’s easing of export restrictions on 27 Chinese entities

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U.S. Eases Export Restrictions on 27 Chinese Entities

The Commerce Department says end-use checks had been successfully conducted, ahead of Secretary Gina Raimondo’s visit to China later this month

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Shanghai Composite Index Rose 0.88% on Tuesday

Shenzhen Component Index closed up 0.53%

Caixin Global

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news in one place.

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Caixin Global

Shanghai Composite Index Fell 1.24% on Monday

Shenzhen Component Index closed down 1.32%

Caixin Global

Guangzhou Mulls Housing Vouchers to Revive Home Market

Families affected by urban renovation projects would get transferable vouchers they could use to buy new housing

Caixin Global

Shanghai Composite Index Fell 1.0% on Friday

Shenzhen Component Index closed down 1.75%

Caixin Global

Weekly Must-Read: How Zhongzhi Became the Latest Chinese Financial Holding Group to Fall

For years, the conglomerate held a reputation as one of the premier private financial holding groups in China, but its problems escalated quickly after the sudden death of its founder, Xie Zhikun, in late 2021

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Caixin Global

DJI Unveils First Cargo Delivery Drone in New Business Push

World’s biggest consumer drone maker unveils FlyCart 30, capable of transporting 30 kilos of goods 16 kilometers

Caixin Global

Two Chery Auto Models Will Be First Outfitted With Revamped CATL Battery

Contemporary Amperex Technology’s mixed battery pack will be used in the Chinese carmaker’s Sterra ES and Zhijie S7 sedans

Caixin Global

Shanghai Composite Index Rose 0.43% on Thursday

Shenzhen Component Index closed up 0.61%

Caixin Global

Shanghai Composite Index Fell 0.82% on Wednesday

Shenzhen Component Index closed down 0.94%

Caixin Global

Property Investment Slid Further in July Amid Weakening Market

Real estate shows no sign of rebound as sales fall again, extending the industry’s protracted contraction

Caixin Global

Shanghai Composite Index Fell 0.07% on Tuesday

Shenzhen Component Index closed down 0.7%

Caixin Global

Third-Party Payment Industry Consolidates as Prepaid Card Issuers Exit

Prepaid card issuers suffer as business contracts; some exit as PBOC revokes licenses for failing to meet industry requirements, others drop out

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