The Latest Breaking News from Caixin Global

New-energy vehicles lead a $13.91 billion charge as BYD, SAIC and Nio step up efforts in foreign markets, notably Western Europe and Southeast Asia

The new body will absorb the CBIRC and oversee all parts of the financial industry other than securities, State Council proposal says

The South American country has the world’s largest reserves of the key EV battery raw material, but political and practical obstacles have prevented the nation from becoming a significant global supplier

Shenzhen Component Index closed down 0.08%

Investors will have to pony up three to 10 times as much after March 15 under revisions to 19-year-old program that brought in billions of dollars and created thousands of jobs

The Starbucks challenger reported an operating profit of 1.16 billion yuan for 2022, coming off a loss of 539 million yuan the previous year

The Starbucks challenger reported an operating profit of 1.16 billion yuan for 2022, coming off a loss of 539 million yuan the previous year

The gauge that tracks the size of high value-added industries such as biotech rose 1.2 points to 29.5 in February

We expect the meeting to set the GDP growth target at ‘around 5%’ with supportive macro policies, including a higher headline fiscal deficit, small increase of new special local government bond quota and more property policy easing, the bank’s chief China economist Wang Tao says