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The Latest Breaking News from Caixin Global

Dwindling confidence among consumers, businesses, local governments and other organizations is weighing on a focal point of the country's efforts to revive its slowing economic growth

Caixin Global

Top Stories of the Month: Why China’s GDP Growth Slowed in Second Quarter？

Weak demand, property downturn and extreme weather were to blame, analysts say

Caixin Global

Top Stories of the Month: How the EU’s New Tariff Hikes Will Affect China

The bloc formally notified carmakers including BYD, Geely Auto and SAIC Motor that they will be subject to additional duties of up to 38.1% from July 4

Caixin Global

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The National Health Commission is spearheading the reform, Caixin has learned, in response to complaints that overly tough restrictions are choking innovation, particularly in the biotech and pharmaceutical sectors

Caixin Global

While scanning QR codes is the ubiquitous payment method in China, it’s not available to most foreign visitors, making it a major hassle to even buy a coffee

Caixin Global

Progress has been slow as many authorities experience difficulties in refinancing the borrowings of their financing vehicles and banks worry about potential bad debts

Caixin Global

Birthrates have dwindled after decades of strict family planning and the emergence of a highly competitive and expensive environment for raising kids

Caixin Global

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Top Stories of the Month: How Can China Deal With Deflationary Pressure?

Although China’s economy showed signs of recovery in 2023, prices have not improved in tandem, with key economic indicators signaling a persistent decline

Caixin Global

Weekly Must-Read: In China, Hydrogen’s Star Rises

As interest in the potentially environmentally friendly energy source grows, experts say cost-effective green versions of the gas are a long way off

Caixin Global

Weekly Must-Read: Chinese Nickel Miners in Indonesia Face Threat from Falling Prices

A decade-long rush by China-based metal producers may end

Caixin Global

Weekly Must-Read: Rethinking China’s Property Market Meltdown

As top performers Gemdale and Vanke show signs of teetering, calls are growing for a fresh approach, with construction of public housing touted as a panacea

Caixin Global

Weekly Must-Read: Chinese Consumers Deluged With Cheap Loans

Banks are undercutting each other amid the government’s calls to support consumption and economic growth

Caixin Global

Weekly Must-Read: China’s First-Quarter GDP Grows 4.5% on Pick-Up in Consumption, Industrial Production

The figure beats expectations and surpasses the 2.9% growth rate for the fourth quarter, when the country was still sticking to its stringent ‘zero-Covid’ policy most of the time

Caixin Global

Caixin Top Stories of the Month: TikTok Walks on Thin Ice Amid Western Security Fears

As the U.S., Canada and the EU torque up pressure and restrictions, ByteDance fights to avoid a government-forced spinoff of its gold mine

Caixin Global

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Caixin Global

Weekly Must-Read: Why China’s Bond Traders Got Cut Off From the Data They Needed

Financial regulators stood at the center of last week’s tumultuous suspension of services that provide crucial price information to traders

Caixin Global

Weekly Must-Read: Why China Set Its 2023 GDP Growth Target at ‘Around 5%

The new leadership set what many consider to be a moderate goal despite stronger-than-expected economic activity this year and a low base in 2022

Caixin Global

Weekly Must-Read: Why China’s Exports Are in the Doldrums

Demand has fallen off in recent months in the country’s three biggest markets, though the reasons vary by region

Caixin Global

Opinion: Many AI Startups Turn Out to Be a Busted Flush

Share prices have been declining since last November, and accelerating recently. We cannot expect many positive outcomes

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Benzinga

Geely Acquires Major Stake in Smartphone Maker Which Has Alibaba Connection

Billionaire Li Shufu controlled satellite-to-automobile group Geely Automobile Holdings Ltd (OTC:GELYY), purchased a majority stake in Chinese smartphone maker Meizu Technology Co, the Caixin Global reports. Geely's Hubei Xingji Shidai Technology Co division bought a 79% stake in Meizu from Meizu's founder and a unit of Alibaba Group Holding Limited (NYSE:BABA). The financial terms of…

Caixin Global

Opinion: AI Has a Role to Play in Climate Change, but It May Come at a Cost

By making more accurate predictions and using resources more efficiently, AI can help reduce climate change, but deep learning models also have drawbacks

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