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The Latest Breaking News from Caixin Global

China to Sell $3.46 Billion of Treasury Bonds in Hong Kong

Borrowings will top last year’s total and mark the 14th straight year for the Finance Ministry to raise funds in Hong Kong

Caixin Global

Bank of China Joins Four Global Institutions in Green Banking Initiative

Cornerstone banks also include Citigroup, Credit Agricole, HSBC and Standard Chartered in project led by Hong Kong Monetary Authority and International Finance Corporation

Caixin Global

Shanghai Composite Index Rose 0.17% on Tuesday

Shenzhen Component Index finished nearly flat

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Elliott Associates Sues LME for $456 Million in Nickel Debacle

HKEX’s London Metal Exchange wrongfully canceled trades in March price spike, American vulture fund alleges in U.K. lawsuit

Caixin Global

Editorial: What Kind of Fiscal Intervention Does China Need to Stabilize the Economy?

Policymakers should carefully analyze the current economic situation before coming up with a targeted and appropriate policy

Caixin Global

Shanghai Composite Index Rose 1.28% on Monday

Shenzhen Component Index closed up 2.66%

Caixin Global

Train Derailment in Southwest China Kills Driver, Injures Eight

Remaining 136 passengers evacuated after train hit a mudslide causing two cars to leave the tracks

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Weekly Must-Read: As Mass Covid Testing Becomes China’s New Normal, Debate Grows Over Who Pays

National Healthcare Security Administration says local medical insurance funds shouldn’t be used for large-scale programs

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Former Sanya Party Chief Sentenced to Death

Tong Daochi is convicted of insider trading and taking $43 million of bribes and is also sentenced to a fine and confiscation of all personal property

Caixin Global

Zhang Mei: Will Inbound Travel Return to China?

China’s international brand images is important to the travel industry, and that’s not something money can buy

Caixin Global

Caixin New Economy Index Drops on Shrinking Capital Investment

The share of 10 high value-added industries in China’s total economic inputs came in at 28.5% in May, slightly lower than the reading in April

Caixin Global

China Pushes Ahead With Plan to Cut Reliance on Iron Ore Imports

Government aims to accelerate construction of domestic projects to slash imports over next decades

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As Lockdown Lifts, Shanghai Swarmed With Termites

Annual efforts to eradicate the property-damaging pests were disrupted by measures to control the city’s Covid-19 outbreak

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China Eases Package Tour Restrictions to Aid Battered Industry

Groups will only be barred from traveling to specific cities with cases, rather than whole regions

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Caixin Global

Shanghai Composite Index Fell 0.13% on Wednesday

Shenzhen Component Index closed up 0.21%

Caixin Global

Zhang Wenhong: The Unprecedented Omicron Challenge That Hit Shanghai

A comparison of data shows that the death rate among the vaccinated is far lower than that the unvaccinated, so protecting vulnerable groups must be the priority

Caixin Global

Xi Vows That China ‘Will Always Be a Good Friend’ of Pacific Island Countries

Chinese president makes comment in written address to China-Pacific foreign ministers following U.S. President Joe Biden’s Asia tour

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Beijing Urges Local Governments to Set Aside Enough to Cover Covid Testing

Finance Ministry’s instruction comes in the wake of a national ruling that requires localities to pay for mass testing out of their own fiscal budgets

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Caixin Global

Chongqing Authorities Investigate Fatal Police Shooting

A police statement said the victim had attacked the officer prior to the shooting, as he was ‘dissatisfied’ with his handling of a dispute

Caixin Global

Shanghai Composite Index Rose 1.19% on Tuesday

Shenzhen Component Index closed up 1.92%

Caixin Global

China’s Aviation Regulator Halts Subsidies to Airlines

Flights drop as Covid-relief plan kicks in, raising concerns of carriers sandbagging to collect government payments

Caixin Global

Shanghai Announces Raft of Policies to Resurrect Economy

Government aiming, in particular, to prop up the property market, smaller enterprises, and consumer demand

Caixin Global

Editorial: Gaining the Upper Hand in a Changing Global Economy

Whether it’s about stabilizing macroeconomic fundamentals or dealing with future global competition, China should stick to ‘doing its own thing well’

Caixin Global

China’s Top EV-Maker BYD Revs Up Brazil Expansion

Shenzhen-listed automaker plans to increase its number of franchise dealerships in the South American country to 100 by the end of 2023

Caixin Global

Shanghai Composite Index Rose 0.6% on Monday

Shenzhen Component Index closed up 1.04%

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