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The Latest Breaking News from Caixin Global

Parcel Delivery Services in Shanghai Make Slow Comeback

Volume reaches 1 million packages daily — a sixth of normal capacity — as authorities clear more services to resume after month of Covid lockdowns

Caixin Global

China Says It Will ‘Strictly Restrict’ People From Entering or Leaving the Country

National Immigration Administration promises to limit ‘unnecessary outbound activities’ of Chinese citizens, without elaborating

Caixin Global

Gallery: Remembering Wenchuan

Fourteen years ago today, a massive earthquake struck Southwest China’s Sichuan province, destroying homes and leaving at least 69,000 people dead. To mark the tragic moment and its aftermath, Caixin has compiled photos that capture the devastation and human heroism of a day that shook the nation

Caixin Global

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Opinion: SPACs’ Painful Reckoning Should Not Spell Their Demise

Despite criticisms, the underlying premise of allowing access to early-stage, private companies is admirable and much-needed in a market that often favors institutional players

Caixin Global

Shanghai Composite Index Fell 0.12% on Thursday

Shenzhen Component Index closed down 0.13%

Caixin Global

Biden Considers Dropping China Tariffs to Fight Inflation

American president says he may roll back costly Trump duties to lower prices on goods in the U.S., though ‘no decision has been made’

Caixin Global

Beijing Steps Up Covid Restrictions as Outbreak Persists

City of 22 million, reporting 56 new Covid cases in 24 hours, limits access to public venues, curbs taxis and expands testing

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Opinion: How Singapore Could Outperform Shanghai, Hong Kong to Become Asia’s Financial Center

The country has benefited from China-U.S. tensions and a successful response to Covid-19

Caixin Global

China’s Vehicle Production, Sales Plunged in April

Consumers were less willing to buy a car as slowing economic growth and fallout from the pandemic weakened confidence, industry organization says

Caixin Global

Shanghai Composite Index Rose 0.75% on Wednesday

Shenzhen Component Index closed up 1.8%

Caixin Global

Geely Takes One-Third Stake in Renault’s Korean JV

Chinese auto giant invests $207 million, gets two board seats and will provide technology and products for vehicles to hit market in 2024

Caixin Global

Xi, Macron Discuss Ukraine War in Phone Conversation

Chinese and French leaders agree on ‘urgency of reaching a ceasefire’ and urge peace negotiations

Caixin Global

China’s Capital Wants a Bigger Share of NEVs on Its Roads

Beijing plans for the local purchase quota for new-energy vehicles to account for a greater share of the city’s total by 2025

Caixin Global

Nasdaq-Delisted Luckin Coffee Denies It’s Planning Hong Kong IPO

Scandal-dogged Chinese Starbucks challenger says it remains ‘committed to U.S. capital markets’

Caixin Global

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news in one place.

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Caixin Global

Shanghai Composite Index Rose 1.06% on Tuesday

Shenzhen Component Index closed up 1.37%

Caixin Global

Texas Instruments Denies Firing Staff as Shanghai Microcontroller Unit Disbanded

Global semiconductor giant is reassigning staff to other units amid a dwindling market share, chip experts say

Caixin Global

Editorial: Rule of Law Is Fundamental to Regulating and Guiding Capital Development

The key to maintaining the healthy development of capital is to stabilize expectations. The key to stabilizing expectations is upholding the rule of law

Caixin Global

Shanghai Composite Index Rose 0.09% on Monday

Shenzhen Component Index closed down 0.41%

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news in one place.

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Caixin Global

Evergrande Dodges Onshore Default With Six-Month Debt Extension

Bondholders agree to delay payments due Friday as debt-laden real estate developer faces peak in obligations coming due amid restructuring effort

Caixin Global

Covid Delays 2022 Asian Games in China

The Olympic Council of Asia announces the event won’t take place as scheduled this September in the eastern city of Hangzhou

Caixin Global

Vice President Wang Qishan to Attend South Korean President’s Inauguration

A special representative and close aide of President Xi Jinping, Wang will lead a delegation to Seoul at the invitation of the South Korean government

Caixin Global

Former Top Lawmaker Convicted of Bribery Dies of Sudden Illness

Yu Zhigang, 49, an ex-member of the NPC Standing Committee who was awaiting sentencing at a detention center, dies at a hospital after emergency efforts to save his life failed

Caixin Global

Wang Tao: How Far Will China's Yuan Depreciate

The yuan could weaken further against the U.S. dollar in the coming months, ending the year at 6.9

Caixin Global

NEV-Maker Nio to List in Singapore

Tesla rival is the latest U.S.-listed Chinese company to find a new home for its stock amid delisting concerns

Caixin Global

Shanghai Composite Index Fell 2.16% on Friday

Shenzhen Component Index closed down 2.14%

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