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The Latest Breaking News from Caixin Global

Weekly Must-Read: U.S. Tensions Could Sap Chinese EV-Battery Makers’ Global Ambitions

World leader CATL and its peers face policy headwinds in the West that could benefit South Korean, Japanese rivals

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China’s Passenger Car Exports Doubled in First Five Months

Shipments abroad totaled 1.38 million vehicles from January through May, providing a bright spot for exporters amid weak global demand

Caixin Global

China Puts Drafting AI Law on National Legislative Agenda

State Council includes item on its 2023 legislative work plan, which was released this week

Caixin Global

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Shanghai Composite Index Rose 0.49% on Thursday

Shenzhen Component Index closed up 0.13%

Caixin Global

China Expresses ‘Grave Concerns’ Over Ukraine Dam Collapse

Top Chinese envoy to the U.N. urges all parties in the conflict to abide by international law and to do their utmost to protect civilians and civilian infrastructure

Caixin Global

Beijing Reports Two Monkeypox Cases

The capital is the second city on the Chinese mainland to confirm at least one infection of the disease among humans

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Shanghai Composite Index Rose 0.08% on Wednesday

Shenzhen Component Index closed down 0.6%

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Fosun Pharma Secures $54 Million of IFC Loans for West Africa Plant

Côte d’Ivoire factory will produce anti-malaria and anti-bacterial drugs to improve public health across the region, World Bank unit says

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Senior China, U.S. Officials Meet in Beijing to Discuss Mending Frayed Relations

Foreign ministry officials Ma Zhaoxu and Yang Tao met and discussed improving Sino-U.S. relations with the State Department’s Daniel Kritenbrink and the NSC’s Sarah Beran

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Shanghai Composite Index Fell 1.15% on Tuesday

Shenzhen Component Index closed down 1.58%

Caixin Global

Editorial: How to Win Over Businesses at Home and Abroad

The government must treat domestic and foreign companies equally and proactively address their concerns

Caixin Global

Editorial: How to Win Over Businesses at Home and Abroad

The government must treat domestic and foreign companies equally and proactively address their concerns

Caixin Global

Shanghai Composite Index Rose 0.07% on Monday

Shenzhen Component Index closed down 0.47%

Caixin Global

Chinese Computer Maker Says Its Chip was Made With ‘Support’ From Intel

Powerleader Computer System came under fire after industry experts revealed its new processor unit was seemingly identical to a product made by the U.S. giant

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Another China Development Bank Ex-Official Comes Under Probe

Graft busters focus on Mao Juncai, former president of top policy lender’s Shanghai branch, adding to a long list of scandals

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Shanghai Composite Index Rose 0.79% on Friday

Shenzhen Component Index closed up 1.5%

Caixin Global

Weekly Must-Read: China’s Proposed New Curbs on Private Securities Funds Spark Controversy

Draft rules tightening control of fundraising, investment and management have triggered concerns they will constrain securities funds’ freedom to execute their investment strategies

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China Southern Plans $2.47 Billion Share Placement

Airline plans to use most of the funds to pay for 50 new Airbus planes, part of a mega fleet expansion announced last July by three biggest state-owned carriers

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news in one place.

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Shanghai Composite Index Ended Nearly Flat on Thursday

Shenzhen Component Index closed up 0.39%

Caixin Global

Southern China Faces Tight Power Supply Amid Hot Weather

Demand in Guangdong surges just as supply from Yunnan hydropower plants dries up following low precipitation

Caixin Global

China Moves Forward With Plan for Shanghai International Reinsurance Market

Financial regulatory agency issues detailed implementation rules for reinsurance exchange to be built in Lingang New Area

Caixin Global

Meeting Musk, Chinese Foreign Minister Stresses Benefits of ‘Healthy’ U.S. Relations

Qin Gang told the Tesla CEO on Tuesday that China is committed to providing a market-oriented and law-based business environment for foreign enterprises

Caixin Global

Shanghai Composite Index Fell 0.61% on Wednesday

Shenzhen Component Index closed down 0.7%

Caixin Global

Xi Calls China’s National Security Situation Complex and Grave

Chinese president tells national security commission that threats have increased and China should accelerate modernization of its systems and capabilities

Caixin Global

Local governments’ invisible debt could be as high as almost $10 trillion, double Japan’s GDP, posing a risk of destabilizing the banking and financial sector

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